Nature Coast Bank in Hernando, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Nature Coast Bank - Overview

  • General
  • FDIC Certificate #: 57773
    Status: Active
    Federal Reserve ID: 3338704
    Date Established: March 07, 2005
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 424255
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 07, 2005
    Last Structure Change Effective Date: December 01, 2008
    Last Structure Change Process Date: December 04, 2008
    Last Data Update: December 04, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 2455 North Citrus Hills Boulevard, Hernando, FL 34442
    County: Citrus
    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
    Core Based Statistical Area (CBSA): Homosassa Springs, FL (#26140)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $58.6 mil
    Equity capital: $7.4 mil
    Deposits held in domestic offices: $51.1 mil
    Return on assets (ROA): 0.03% ($0.0 mil)
    Quarterly return on assets: 0.14% ($0.1 mil)
    Return on Equity (ROE): 0.25% ($0.0 mil)
    Quarterly return on equity: 1.08% ($0.1 mil)
    Net income: $0.0 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.05% ($29.3 mil)
    Quarterly Pretax return on assets: 0.22% ($129.0 mil)

2000 - 2011 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, 2011)

  • Dollar figures in thousands
  • 16Total employees (full-time equivalent)
  • $58,625Total assets
  • $5,019Cash and due from depository institutions
  • $4,160Interest-bearing balances
  • $4,653Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $42,326Net loans & leases
  • $741Loan loss allowance
  • $0Trading account assets
  • $3,043Bank premises and fixed assets
  • $1,603Other real estate owned
  • $0Goodwill and other intangibles
  • $58,625Life insurance assets
  • $1,981All other assets
  • $51,226Total liabilities and capital
  • $51,061Total liabilities
  • $45,866Total deposits
  • $51,061Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 108.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $57Subordinated debt
  • $7,399All other liabilities
  • $7,399Total equity capital
  • $7,399Total bank equity capital
  • $0Perpetual preferred stock
  • $1,115Common stock
  • $8,974Surplus
  • $-2,690Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $405Income earned, not collected on loans
  • $0Earning assets
  • $151Long-term assets (5+ years)
  • $51,139Average Assets, year-to-date
  • $7,487Average Assets, quarterly
  • $57,623Volatile liabilities
  • $59,042Insider loans
  • $49,132FHLB advances
  • $58,326Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,733Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,050Restructured Loans and leases
  • $1,249Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,537Total interest income
  • $681Total interest expense
  • $1,856Net interest income
  • $65Provision for loan and lease losses
  • $6Total noninterest income
  • $0Fiduciary activities
  • $33Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$27Additional noninterest income
  • $1,768Total noninterest expense
  • $871Salaries and employee benefits
  • $272Premises and equipment expense
  • $625Additional noninterest expense
  • $29Pre-tax net operating income
  • $0Securities gains (losses)
  • $11Applicable income taxes
  • $18Income before extraordinary items
  • $0Extraordinary gains - net
  • $18Net income attributable to bank
  • $0Net charge-offs
  • $18Cash dividends
  • -$50Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.06%Yield on earning assets
  • 1.36%Cost of funding earning assets
  • 3.70%Net interest margin
  • 0.01%Noninterest income to earning assets
  • 3.52%Noninterest expense to earning assets
  • 0.03%Net operating income to assets
  • 0.03%Return on assets (ROA)
  • 0.05%Pretax return on assets
  • 0.25%Return on equity (ROE)
  • 0.25%Retained earnings to average equity (YTD only)
  • -0.11%Net charge-offs to loans
  • -130.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 94,952Assets per employee
  • 3.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.72%Loss allowance to noncurrent loans
  • 182.96%Noncurrent assets plus other real estate owned to assets
  • 3.43%Noncurrent loans to loans
  • 0.94%Net loans and leases to deposits
  • 82.89%Net loans and leases to core deposits
  • 103.34%Equity capital to assets
  • 12.62%Core capital (leverage) ratio
  • 9.83%Tier 1 risk-based capital ratio
  • 11.67%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $57,623Average earning assets
  • $7,159Average equity
  • $50,175Average loans

List of branches

  • 2 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0424255Nature Coast Bank2455 North Citrus Hills Boulevard, Hernando, FL 34442March 07, 2005Full Service Brick and Mortar
    2526142Crystal River Branch01160 N. Suncoast Blvd, Crystal River, FL 34429October 03, 2011Full Service Brick and Mortar

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