Orange Bank of Florida in Orlando, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Orange Bank of Florida - Overview

  • General
  • FDIC Certificate #: 57960
    Status: Active
    Federal Reserve ID: 3357871
    Bank Holding Company (Regulatory Top Holder): Floridian Financial Group, Inc. (RSSDID: 3383610, Location: Lake Mary, FL)
    Date Established: June 20, 2005
    WWW: http://www.orangebankfl.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 432624
    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: June 20, 2005
    Last Structure Change Effective Date: March 31, 2008
    Last Structure Change Process Date: April 09, 2008
    Last Data Update: April 09, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 519 North Magnolia, 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
  • Participated in Reorganization
  • Financial Summary
  • Total assets: $300.4 mil
    Equity capital: $23.2 mil
    Deposits held in domestic offices: $268.4 mil
    Return on assets (ROA): -0.53% (-$1.6 mil)
    Quarterly return on assets: -0.20% (-$0.6 mil)
    Return on Equity (ROE): -7.13% (-$1.6 mil)
    Quarterly return on equity: -2.63% (-$0.6 mil)
    Net income: -$1.6 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: -0.60% (-$1,802.7 mil)
    Quarterly Pretax return on assets: -0.47% (-$1,412.1 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
  • 32Total employees (full-time equivalent)
  • $300,447Total assets
  • $17,751Cash and due from depository institutions
  • $13,679Interest-bearing balances
  • $59,040Securities
  • $2,375Federal funds sold & reverse repurchase agreements
  • $198,643Net loans & leases
  • $4,916Loan loss allowance
  • $0Trading account assets
  • $9,043Bank premises and fixed assets
  • $4,372Other real estate owned
  • $1,202Goodwill and other intangibles
  • $300,447Life insurance assets
  • $8,021All other assets
  • $277,200Total liabilities and capital
  • $268,358Total liabilities
  • $211,932Total deposits
  • $268,358Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 6253.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,700Trading liabilities
  • $0Other borrowed funds
  • $889Subordinated debt
  • $23,247All other liabilities
  • $23,247Total equity capital
  • $23,247Total bank equity capital
  • $0Perpetual preferred stock
  • $9,500Common stock
  • $34,339Surplus
  • $-20,592Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,095Income earned, not collected on loans
  • $0Earning assets
  • $769Long-term assets (5+ years)
  • $273,737Average Assets, year-to-date
  • $55,949Average Assets, quarterly
  • $311,502Volatile liabilities
  • $309,528Insider loans
  • $229,432FHLB advances
  • $315,172Loans and leases held for sale
  • $5,929Unused loan commitments
  • $2,977Tier 1 (core) risk-based capital
  • $21,730Tier 2 risk-based capital
  • $2,952Total risk weighted assets
  • $0Total unused commitments
  • $28,782Restructured Loans and leases
  • $5,128Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,222Total interest income
  • $2,961Total interest expense
  • $8,261Net interest income
  • $1,582Provision for loan and lease losses
  • $532Total noninterest income
  • $0Fiduciary activities
  • $274Service charges on deposit accounts
  • $0Trading account gains & fees
  • $258Additional noninterest income
  • $9,065Total noninterest expense
  • $3,888Salaries and employee benefits
  • $1,477Premises and equipment expense
  • $3,700Additional noninterest expense
  • -$1,854Pre-tax net operating income
  • $0Securities gains (losses)
  • -$208Applicable income taxes
  • -$1,646Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,646Net income attributable to bank
  • $0Net charge-offs
  • -$1,646Cash dividends
  • $2,434Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.00%Yield on earning assets
  • 1.06%Cost of funding earning assets
  • 2.95%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 3.23%Noninterest expense to earning assets
  • -0.53%Net operating income to assets
  • -0.53%Return on assets (ROA)
  • -0.60%Pretax return on assets
  • -7.13%Return on equity (ROE)
  • -7.13%Retained earnings to average equity (YTD only)
  • 1.18%Net charge-offs to loans
  • 65.00%Credit loss provision to net charge-offs
  • -0.11%Efficiency ratio
  • 95,223Assets per employee
  • 9.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.42%Loss allowance to noncurrent loans
  • 80.66%Noncurrent assets plus other real estate owned to assets
  • 3.48%Noncurrent loans to loans
  • 2.99%Net loans and leases to deposits
  • 74.02%Net loans and leases to core deposits
  • 90.48%Equity capital to assets
  • 7.74%Core capital (leverage) ratio
  • 6.89%Tier 1 risk-based capital ratio
  • 9.47%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $311,502Average earning assets
  • $23,091Average equity
  • $280,353Average loans

List of branches

  • 6 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0432624Orange Bank Of Florida519 North Magnolia, Orlando, FL 32801June 20, 2005Full Service Brick and Mortar
    2445500Crystal River Branch1101 N.E. 5th Street, Crystal River, FL 34429October 31, 2005Full Service Brick and Mortar
    3462441Longwood Branch2695 State Road 434, Longwood, FL 32779April 16, 2007Full Service Brick and Mortar
    6477922Winter Park Office Branch925 S. Orlando Avenue, Winter Park, FL 32789November 16, 2007Full Service Brick and Mortar
    7477923Clermont Office Branch2390 E. Hwy. 50, Clermont, FL 34711June 11, 2008Full Service Brick and Mortar
    9482173Lake Mary Branch175 Timacuan Boulevard, Lake Mary, FL 32746September 22, 2008Full Service Brick and Mortar

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