NationsBank of Florida, N.A. in Tampa, Florida (FL)



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NationsBank of Florida, N.A.
GeneralFDIC Certificate #: 15474
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: NationsBank of Florida, National Association (#127)
Federal Reserve ID: 147231
Date Established: March 17, 1937
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 247 (Interstate: No)
FDIC's unique #: 9780
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: March 17, 1937
Last Structure Change Effective Date: December 21, 1995
Last Structure Change Process Date: January 03, 1996
Last Data Update: January 03, 1996
Data Source Date: April 05, 2012
LocationAddress: 400 North Ashley Street, Tampa, FL 33602
County: Hillsborough
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): Tampa-St. Petersburg-Clearwater, FL (#8280)
Core Based Statistical Area (CBSA): Tampa-St. Petersburg-Clearwater, FL (#45300)
CBSA Metro Statistical Area: Tampa-St. Petersburg-Clearwater, FL (#45300)
Financial SummaryTotal assets: $21,588.7 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)
Total employees (full-time equivalent)0
Total assets$5,396
Cash and due from depository institutions$22,918,036
Interest-bearing balances$1,247,990
Securities$0
Federal funds sold & reverse repurchase agreements$3,957,339
Net loans & leases$5,453,338
Loan loss allowance $11,161,370
Trading account assets$239,780
Bank premises and fixed assets$765
Other real estate owned$297,004
Goodwill and other intangibles$74,665
All other assets$235,466
Life insurance assets$490,099
Total liabilities and capital$0
Total liabilities$22,918,036
Total deposits$21,506,354
Interest-bearing deposits$17,975,862
Deposits held in domestic offices$14,902,629
% insured (estimated)17975862.00%
Federal funds purchased & repurchase agreements $85
Trading liabilities$2,943,887
Other borrowed funds $0
Subordinated debt $184,061
All other liabilities $105,000
Total equity capital$297,544
Total bank equity capital$297,544
Perpetual preferred stock$1,411,682
Common stock$0
Surplus$161,436
Undivided profits $750,186
Memoranda
Noncurrent loans and leases $500,060
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $100,420
Earning assets $103,845
Long-term assets (5+ years) $20,572,812
Average Assets, year-to-date $1,016,255
Average Assets, quarterly $21,934,162
Volatile liabilities $22,935,960
Insider loans $4,679,304
FHLB advances $70,949
Loans and leases held for sale $0
Unused loan commitments $0
Tier 1 (core) risk-based capital $4,571,195
Tier 2 risk-based capital $0
Total risk weighted assets $1,188,129
Total unused commitments $14,346,591
Restructured Loans and leases $0
Derivatives$3,284,739
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Income and Expense (December 31, 1994)
(Dollar figures in thousands)
Total interest income $0
Total interest expense $1,288,948
Net interest income $562,265
Provision for loan and lease losses $726,683
Total noninterest income $5,000
Fiduciary activities $201,574
Service charges on deposit accounts $48,257
Trading account gains & fees $120,102
Additional noninterest income $679
Total noninterest expense $32,536
Salaries and employee benefits $592,816
Premises and equipment expense $139,017
Additional noninterest expense $86,960
Pre-tax net operating income $366,839
Securities gains (losses) $330,441
Applicable income taxes $2,707
Income before extraordinary items $121,761
Extraordinary gains - net $211,387
Net income attributable to bank $0
Net charge-offs $211,387
Cash dividends $23,272
Sale, conversion, retirement of capital stock, net $65,382
Net operating income $0
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Performance and Condition Ratios (December 31, 1994)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets0.00%
Cost of funding earning assets 6.48%
Net interest margin 2.83%
Noninterest income to earning assets 3.66%
Noninterest expense to earning assets 1.01%
Net operating income to assets 2.98%
Return on assets (ROA) 0.96%
Pretax return on assets 0.96%
Return on equity (ROE) 1.52%
Retained earnings to average equity (YTD only) 16.88%
Net charge-offs to loans 11.66%
Credit loss provision to net charge-offs 0.21%
Efficiency ratio21.49%
Assets per employee$62,432
Cash dividends to net income (YTD only)4.25%
Condition Ratios (%)
Loss allowance to loans 30.93%
Loss allowance to noncurrent loans 2.10%
Noncurrent assets plus other real estate owned to assets 238.78%
Noncurrent loans to loans 0.76%
Net loans and leases to deposits0.88%
Net loans and leases to core deposits 62.09%
Equity capital to assets 68.25%
Core capital (leverage) ratio 6.16%
Tier 1 risk-based capital ratio 5.38%
Total risk-based capital ratio 8.28%
Memoranda
Average assets$10
Average earning assets$21,934,162
Average equity $1,252,057
Average loans $19,878,613
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