Huntington Federal Savings Bank in Sebring, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 01, 1995

  • Huntington Federal Savings Bank in Sebring, Florida (FL)
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Huntington Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 30865
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: The Huntington National Bank of Florida (#26830)
    Federal Reserve ID: 385172
    Date Established: January 01, 1955
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 6032
    FDIC's unique #: 43699
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: May 11, 1956
    Last Structure Change Effective Date: May 01, 1995
    Last Structure Change Process Date: May 16, 1995
    Last Data Update: October 19, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 126 West Center Avenue, Sebring, FL 33870
    County: Highlands
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Tampa
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Sebring, FL (#42700)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $275.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $132Total assets
  • $256,274Cash and due from depository institutions
  • $2,754Interest-bearing balances
  • $726Securities
  • $99,206Federal funds sold & reverse repurchase agreements
  • $6,730Net loans & leases
  • $135,382Loan loss allowance
  • $2,268Trading account assets
  • $0Bank premises and fixed assets
  • $3,041Other real estate owned
  • $162Goodwill and other intangibles
  • $8,999Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $256,274Total liabilities
  • $231,954Total deposits
  • $202,379Interest-bearing deposits
  • $197,799Deposits held in domestic offices
  • 202379.00%% insured (estimated)
  • $82Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $27,500Subordinated debt
  • $0All other liabilities
  • $2,075Total equity capital
  • $2,075Total bank equity capital
  • $24,320Perpetual preferred stock
  • $0Common stock
  • $1,426Surplus
  • $8,822Undivided profits
  • Memoranda
  • $14,072Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $935Income earned, not collected on loans
  • $861Earning assets
  • $242,044Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $257,435Average Assets, quarterly
  • $256,201Volatile liabilities
  • $81,349Insider loans
  • $2FHLB advances
  • $12,500Loans and leases held for sale
  • $0Unused loan commitments
  • $6,137Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $24,320Total risk weighted assets
  • $97,817Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $16,854Total interest expense
  • $8,345Net interest income
  • $8,509Provision for loan and lease losses
  • $5Total noninterest income
  • $2,237Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $2,237Total noninterest expense
  • $7,094Salaries and employee benefits
  • $3,934Premises and equipment expense
  • $1,261Additional noninterest expense
  • $1,899Pre-tax net operating income
  • $3,647Securities gains (losses)
  • $0Applicable income taxes
  • $746Income before extraordinary items
  • $2,901Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,901Net charge-offs
  • $103Cash dividends
  • $1,966Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.93%Cost of funding earning assets
  • 3.43%Net interest margin
  • 3.50%Noninterest income to earning assets
  • 0.92%Noninterest expense to earning assets
  • 2.92%Net operating income to assets
  • 1.13%Return on assets (ROA)
  • 1.13%Pretax return on assets
  • 1.42%Return on equity (ROE)
  • 11.36%Retained earnings to average equity (YTD only)
  • 3.66%Net charge-offs to loans
  • 0.08%Credit loss provision to net charge-offs
  • 4.85%Efficiency ratio
  • 66,015Assets per employee
  • 1.94%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 67.77%Loss allowance to loans
  • 1.65%Loss allowance to noncurrent loans
  • 242.57%Noncurrent assets plus other real estate owned to assets
  • 0.43%Noncurrent loans to loans
  • 0.68%Net loans and leases to deposits
  • 66.90%Net loans and leases to core deposits
  • 91.15%Equity capital to assets
  • 9.49%Core capital (leverage) ratio
  • 9.49%Tier 1 risk-based capital ratio
  • 24.86%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $257,435Average earning assets
  • $25,546Average equity
  • $243,224Average loans

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