National Bank of Commerce in Winter Park, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 19, 2000

  • National Bank of Commerce in Winter Park, Florida (FL)
  • Show street view No street view available for this location

National Bank of Commerce - Overview

  • General
  • FDIC Certificate #: 26771
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wachovia Bank, National Association (#817)
    Federal Reserve ID: 476632
    Date Established: August 04, 1986
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    OTS Docket #: 10334
    FDIC's unique #: 35916
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: August 04, 1986
    Last Structure Change Effective Date: October 19, 2000
    Last Structure Change Process Date: November 08, 2000
    Last Data Update: November 08, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 1201 South Orlando Avenue, Winter Park, FL 32789
    County: Orange
    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
    Metropolitan Statistical Area (MSA): Orlando, FL (#5960)
    Combined Statistical Area (CSA): Orlando-Deltona-Daytona Beach, FL (#422)
    Core Based Statistical Area (CBSA): Orlando-Kissimmee-Sanford, FL (#36740)
    CBSA Metro Statistical Area: Orlando-Kissimmee-Sanford, FL (#36740)
  • Financial Summary
  • Total assets: $217.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 1999)

  • Dollar figures in thousands
  • 58Total employees (full-time equivalent)
  • $179,861Total assets
  • $7,210Cash and due from depository institutions
  • $350Interest-bearing balances
  • $19,379Securities
  • $6,700Federal funds sold & reverse repurchase agreements
  • $139,540Net loans & leases
  • $1,622Loan loss allowance
  • $0Trading account assets
  • $3,580Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,452All other assets
  • $179,861Total liabilities and capital
  • $166,168Total liabilities
  • $154,428Total deposits
  • $132,151Interest-bearing deposits
  • $154,428Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $3,810Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $7,310Other borrowed funds
  • $0Subordinated debt
  • $620All other liabilities
  • $13,693Total equity capital
  • $13,693Total bank equity capital
  • $13,693Perpetual preferred stock
  • $0Common stock
  • $3,575Surplus
  • $3,325Undivided profits
  • Memoranda
  • $6,793Noncurrent loans and leases
  • $32,780Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,776Earning assets
  • $697Long-term assets (5+ years)
  • $700Average Assets, year-to-date
  • $165,969Average Assets, quarterly
  • $31,026Volatile liabilities
  • $168,803Insider loans
  • $179,395FHLB advances
  • $54,496Loans and leases held for sale
  • $4,388Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $32,780Total unused commitments
  • $63Restructured Loans and leases
  • $1,622Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $13,352Total interest income
  • $6,035Total interest expense
  • $7,317Net interest income
  • $406Provision for loan and lease losses
  • $517Total noninterest income
  • $0Fiduciary activities
  • $345Service charges on deposit accounts
  • $0Trading account gains & fees
  • $172Additional noninterest income
  • $5,022Total noninterest expense
  • $2,365Salaries and employee benefits
  • $972Premises and equipment expense
  • $1,685Additional noninterest expense
  • $2,406Pre-tax net operating income
  • $0Securities gains (losses)
  • $756Applicable income taxes
  • $1,650Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,650Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $99Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.58%Yield on earning assets
  • 3.88%Cost of funding earning assets
  • 4.70%Net interest margin
  • 0.33%Noninterest income to earning assets
  • 3.23%Noninterest expense to earning assets
  • 0.98%Net operating income to assets
  • 0.98%Return on assets (ROA)
  • 1.43%Pretax return on assets
  • 12.83%Return on equity (ROE)
  • 12.83%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 410.10%Credit loss provision to net charge-offs
  • 28.40%Efficiency ratio
  • 64,105Assets per employee
  • 3.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.15%Loss allowance to noncurrent loans
  • 58.43%Noncurrent assets plus other real estate owned to assets
  • 1.54%Noncurrent loans to loans
  • 1.97%Net loans and leases to deposits
  • 90.36%Net loans and leases to core deposits
  • 134.43%Equity capital to assets
  • 7.61%Core capital (leverage) ratio
  • 7.89%Tier 1 risk-based capital ratio
  • 9.65%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $168,803Average earning assets
  • $12,857Average equity
  • $155,658Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with National Bank of Commerce.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents