Partners Bank in Naples, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 23, 2009

  • Partners Bank in Naples, Florida (FL)
  • Show street view No street view available for this location

Partners Bank - Overview

  • General
  • FDIC Certificate #: 57959
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Stonegate Bank (#57934)
    Federal Reserve ID: 3375950
    Date Established: August 24, 2005
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 17991
    FDIC's unique #: 432623
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: August 24, 2005
    Last Structure Change Effective Date: October 23, 2009
    Last Structure Change Process Date: October 26, 2009
    Last Data Update: October 26, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 3021 Airport-Pulling Road North, Naples, FL 34105
    County: Collier
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: South Florida
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Naples, FL (#5345)
    Core Based Statistical Area (CBSA): Naples-Marco Island, FL (#34940)
    CBSA Metro Statistical Area: Naples-Marco Island, FL (#34940)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $65.5 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, 2008)

  • Dollar figures in thousands
  • 21Total employees (full-time equivalent)
  • $76,206Total assets
  • $1,412Cash and due from depository institutions
  • $162Interest-bearing balances
  • $5,999Securities
  • $5,671Federal funds sold & reverse repurchase agreements
  • $52,311Net loans & leases
  • $880Loan loss allowance
  • $0Trading account assets
  • $5,548Bank premises and fixed assets
  • $1,215Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $4,050All other assets
  • $76,206Total liabilities and capital
  • $67,781Total liabilities
  • $61,971Total deposits
  • $59,056Interest-bearing deposits
  • $61,971Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $5,500Other borrowed funds
  • $0Subordinated debt
  • $310All other liabilities
  • $8,425Total equity capital
  • $8,425Total bank equity capital
  • $8,425Perpetual preferred stock
  • $0Common stock
  • $6,800Surplus
  • $6,800Undivided profits
  • Memoranda
  • $-5,175Noncurrent loans and leases
  • $6,021Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,193Earning assets
  • $0Long-term assets (5+ years)
  • $241Average Assets, year-to-date
  • $64,143Average Assets, quarterly
  • $0Volatile liabilities
  • $64,906Insider loans
  • $72,637FHLB advances
  • $19,441Loans and leases held for sale
  • $60Unused loan commitments
  • $5,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $6,021Total unused commitments
  • $2,610Restructured Loans and leases
  • $653Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $2,998Total interest income
  • $1,862Total interest expense
  • $1,136Net interest income
  • $1,182Provision for loan and lease losses
  • $54Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $54Additional noninterest income
  • $3,466Total noninterest expense
  • $1,946Salaries and employee benefits
  • $603Premises and equipment expense
  • $917Additional noninterest expense
  • -$3,458Pre-tax net operating income
  • $118Securities gains (losses)
  • -$1,252Applicable income taxes
  • -$2,088Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,088Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $684Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.58%Yield on earning assets
  • 3.47%Cost of funding earning assets
  • 2.12%Net interest margin
  • 0.10%Noninterest income to earning assets
  • 6.45%Noninterest expense to earning assets
  • -3.33%Net operating income to assets
  • -3.22%Return on assets (ROA)
  • -5.15%Pretax return on assets
  • -22.58%Return on equity (ROE)
  • -22.58%Retained earnings to average equity (YTD only)
  • 1.51%Net charge-offs to loans
  • 172.81%Credit loss provision to net charge-offs
  • -3.33%Efficiency ratio
  • 291,261Assets per employee
  • 3.63%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.65%Loss allowance to noncurrent loans
  • 27.56%Noncurrent assets plus other real estate owned to assets
  • 5.78%Noncurrent loans to loans
  • 6.00%Net loans and leases to deposits
  • 84.41%Net loans and leases to core deposits
  • 108.91%Equity capital to assets
  • 11.06%Core capital (leverage) ratio
  • 7.17%Tier 1 risk-based capital ratio
  • 10.03%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $64,906Average earning assets
  • $9,247Average equity
  • $53,701Average loans

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