Mid-State FSB in Ocala, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 10, 1993

  • Mid-State FSB in Ocala, Florida (FL)
  • Show street view No street view available for this location

Mid-State FSB - Overview

  • General
  • FDIC Certificate #: 28615
    Status: Inactive
    Closing history: Change in Location
    Acquiring institution: AmSouth Bank of Florida (#27083)
    Federal Reserve ID: 194972
    Date Established: January 01, 1924
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 1957
    FDIC's unique #: 41449
    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: April 08, 1935
    Last Structure Change Effective Date: December 10, 1993
    Last Structure Change Process Date: December 20, 1993
    Last Data Update: December 20, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 3232 S W College Road, Ocala, FL 34470
    County: Marion
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Gainesville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Ocala, FL (#5790)
    Core Based Statistical Area (CBSA): Ocala, FL (#36100)
    CBSA Metro Statistical Area: Ocala, FL (#36100)
  • History of Changes
  • Merger - Without Assistance
    Change in Location
  • Financial Summary
  • Total assets: $734.5 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $286Total assets
  • $747,013Cash and due from depository institutions
  • $30,821Interest-bearing balances
  • $19,910Securities
  • $146,931Federal funds sold & reverse repurchase agreements
  • $8,744Net loans & leases
  • $513,306Loan loss allowance
  • $5,647Trading account assets
  • $0Bank premises and fixed assets
  • $12,902Other real estate owned
  • $9,848Goodwill and other intangibles
  • $16,592Life insurance assets
  • $7,869All other assets
  • $0Total liabilities and capital
  • $747,013Total liabilities
  • $688,808Total deposits
  • $660,213Interest-bearing deposits
  • $650,343Deposits held in domestic offices
  • 660213.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $24,494Subordinated debt
  • $0All other liabilities
  • $4,101Total equity capital
  • $4,101Total bank equity capital
  • $58,205Perpetual preferred stock
  • $0Common stock
  • $2,092Surplus
  • $30,348Undivided profits
  • Memoranda
  • $25,765Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,373Income earned, not collected on loans
  • $2,962Earning assets
  • $688,891Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $772,404Average Assets, quarterly
  • $748,831Volatile liabilities
  • $81,079Insider loans
  • $0FHLB advances
  • $24,494Loans and leases held for sale
  • $0Unused loan commitments
  • $14,616Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $49,005Total risk weighted assets
  • $392,197Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $61,751Total interest expense
  • $35,219Net interest income
  • $26,532Provision for loan and lease losses
  • $3,388Total noninterest income
  • $4,294Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $4,294Total noninterest expense
  • $19,989Salaries and employee benefits
  • $8,446Premises and equipment expense
  • $4,828Additional noninterest expense
  • $6,715Pre-tax net operating income
  • $7,449Securities gains (losses)
  • $320Applicable income taxes
  • $1,395Income before extraordinary items
  • $6,374Extraordinary gains - net
  • $0Net income attributable to bank
  • $6,374Net charge-offs
  • $2,788Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $348Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.68%Cost of funding earning assets
  • 4.95%Net interest margin
  • 3.73%Noninterest income to earning assets
  • 0.60%Noninterest expense to earning assets
  • 2.81%Net operating income to assets
  • 0.79%Return on assets (ROA)
  • 0.83%Pretax return on assets
  • 1.01%Return on equity (ROE)
  • 11.70%Retained earnings to average equity (YTD only)
  • 11.70%Net charge-offs to loans
  • 0.52%Credit loss provision to net charge-offs
  • 121.52%Efficiency ratio
  • 63,106Assets per employee
  • 2.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.09%Loss allowance to noncurrent loans
  • 129.13%Noncurrent assets plus other real estate owned to assets
  • 1.90%Noncurrent loans to loans
  • 0.84%Net loans and leases to deposits
  • 77.75%Net loans and leases to core deposits
  • 85.04%Equity capital to assets
  • 7.79%Core capital (leverage) ratio
  • 6.65%Tier 1 risk-based capital ratio
  • 12.49%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $772,404Average earning assets
  • $54,464Average equity
  • $711,645Average loans

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