Old Florida National Bank in Orlando, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Old Florida National Bank - Overview

  • General
  • FDIC Certificate #: 24244
    Status: Active
    Federal Reserve ID: 646837
    Bank Holding Company (Regulatory Top Holder): Old Florida Bancshares, Inc. (RSSDID: 1085527, Location: Orlando, FL)
    Date Established: December 15, 1982
    WWW: http://www.oldfnb.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Domestic: 8, Interstate: No)
    FDIC's unique #: 16878
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 15, 1982
    Last Structure Change Effective Date: April 12, 2010
    Last Structure Change Process Date: October 26, 2010
    Last Data Update: October 26, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 60 North Court Avenue, First Floor, Orlando, FL 32801
    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)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $594.0 mil
    Equity capital: $63.4 mil
    Deposits held in domestic offices: $520.6 mil
    Return on assets (ROA): 0.54% ($3.2 mil)
    Quarterly return on assets: 0.49% ($2.9 mil)
    Return on Equity (ROE): 4.66% ($2.9 mil)
    Quarterly return on equity: 4.52% ($2.8 mil)
    Net income: $2.9 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 0.42% ($2,494.6 mil)
    Quarterly Pretax return on assets: 0.46% ($2,732.2 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
  • 132Total employees (full-time equivalent)
  • $593,964Total assets
  • $58,268Cash and due from depository institutions
  • $16,167Interest-bearing balances
  • $106,112Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $402,159Net loans & leases
  • $6,765Loan loss allowance
  • $0Trading account assets
  • $13,086Bank premises and fixed assets
  • $2,496Other real estate owned
  • $404Goodwill and other intangibles
  • $593,964Life insurance assets
  • $11,439All other assets
  • $530,554Total liabilities and capital
  • $520,567Total liabilities
  • $408,896Total deposits
  • $520,567Interest-bearing deposits
  • $67Deposits held in domestic offices
  • 3949.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,477Trading liabilities
  • $0Other borrowed funds
  • $561Subordinated debt
  • $63,410All other liabilities
  • $63,410Total equity capital
  • $63,410Total bank equity capital
  • $0Perpetual preferred stock
  • $2,125Common stock
  • $65,387Surplus
  • $-4,102Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $39,583Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,486Income earned, not collected on loans
  • $3,254Earning assets
  • $2,029Long-term assets (5+ years)
  • $524,438Average Assets, year-to-date
  • $72,193Average Assets, quarterly
  • $532,922Volatile liabilities
  • $585,257Insider loans
  • $463,448FHLB advances
  • $585,996Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $59,582Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $120,753Restructured Loans and leases
  • $28,213Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $24,585Total interest income
  • $3,876Total interest expense
  • $20,709Net interest income
  • $2,209Provision for loan and lease losses
  • $909Total noninterest income
  • $0Fiduciary activities
  • $384Service charges on deposit accounts
  • $0Trading account gains & fees
  • $525Additional noninterest income
  • $18,439Total noninterest expense
  • $11,281Salaries and employee benefits
  • $3,359Premises and equipment expense
  • $3,799Additional noninterest expense
  • $970Pre-tax net operating income
  • $1,251Securities gains (losses)
  • -$650Applicable income taxes
  • $2,871Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,871Net income attributable to bank
  • $0Net charge-offs
  • $2,871Cash dividends
  • $1,393Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.24%Yield on earning assets
  • 0.83%Cost of funding earning assets
  • 4.41%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 3.93%Noninterest expense to earning assets
  • 0.30%Net operating income to assets
  • 0.54%Return on assets (ROA)
  • 0.42%Pretax return on assets
  • 4.66%Return on equity (ROE)
  • 4.66%Retained earnings to average equity (YTD only)
  • 0.38%Net charge-offs to loans
  • 158.58%Credit loss provision to net charge-offs
  • 2.28%Efficiency ratio
  • 85,295Assets per employee
  • 4.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.65%Loss allowance to noncurrent loans
  • 104.30%Noncurrent assets plus other real estate owned to assets
  • 1.51%Noncurrent loans to loans
  • 1.59%Net loans and leases to deposits
  • 77.25%Net loans and leases to core deposits
  • 87.58%Equity capital to assets
  • 10.68%Core capital (leverage) ratio
  • 10.17%Tier 1 risk-based capital ratio
  • 12.86%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $532,922Average earning assets
  • $61,647Average equity
  • $469,555Average loans

List of branches

  • 8 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    016878Old Florida National Bank60 North Court Avenue, First Floor, Orlando, FL 32801December 15, 1982Full Service Brick and Mortar
    1257110Altamonte Branch520 West Highway 436, Altamonte Springs, FL 32714May 02, 1984Full Service Brick and Mortar
    4458766Winter Park Branch840 Denning Drive, Winter Park, FL 32789December 04, 2006Full Service Brick and Mortar
    5491967Apopka Office Branch1420 West Orange Blossom Trail, Apopka, FL 32712May 05, 2009Full Service Brick and Mortar
    6491968South Orlando Branch2875 S. Orange Avenue, Orlando, FL 32806April 20, 2009Full Service Brick and Mortar
    7492677Longwood Branch502 North Us Highway 17 92, Longwood, FL 32750June 10, 2009Full Service Brick and Mortar
    9510404College Park Branch646 W. Smith Street, Orlando, FL 32804August 14, 2009Full Service Brick and Mortar
    10518746Lake Mary Branch1120 Townpark Avenue, Suite 1012, Lake Mary, FL 32746March 28, 2011Full Service Brick and Mortar

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