Patriot Bank in Trinity, Florida (FL)



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Patriot Bank routing number info

Table of contents:
Patriot Bank
GeneralFDIC Certificate #: 57789
Status: Active
Federal Reserve ID: 3301641
Date Established: October 22, 2004
WWW: http://www.patriotbankfl.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
FDIC's unique #: 424700
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: October 22, 2004
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 1815 Little Road, Trinity, FL 34655
County: Pasco
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)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $121.9 mil
Equity capital: $15.3 mil
Deposits held in domestic offices: $98.7 mil
Return on assets (ROA): -0.49% (-$0.6 mil)
Quarterly return on assets: 0.23% ($0.3 mil)
Return on Equity (ROE): -4.02% (-$0.6 mil)
Quarterly return on equity: 1.86% ($0.3 mil)
Net income: -$0.6 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: -0.77% (-$938.9 mil)
Quarterly Pretax return on assets: 0.37% ($451.1 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)
Total employees (full-time equivalent)27
Total assets$121,929
Cash and due from depository institutions$11,420
Interest-bearing balances$8,017
Securities$3,583
Federal funds sold & reverse repurchase agreements$525
Net loans & leases$93,018
Loan loss allowance $1,448
Trading account assets$0
Bank premises and fixed assets$6,289
Other real estate owned$1,499
Goodwill and other intangibles$0
All other assets$5,595
Life insurance assets$121,928
Total liabilities and capital$106,611
Total liabilities$98,726
Total deposits$86,995
Interest-bearing deposits$98,726
Deposits held in domestic offices$99
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $2,683
Trading liabilities$4,900
Other borrowed funds $0
Subordinated debt $302
All other liabilities $15,317
Total equity capital$15,317
Total bank equity capital$15,317
Perpetual preferred stock$679
Common stock$3,249
Surplus$18,488
Undivided profits $-7,099
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $4,681
Earning assets $0
Long-term assets (5+ years) $371
Average Assets, year-to-date $105,143
Average Assets, quarterly $13,875
Volatile liabilities $128,250
Insider loans $123,075
FHLB advances $102,193
Loans and leases held for sale $119,325
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $10,523
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $3,822
Derivatives$3,879
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $6,188
Total interest expense $1,221
Net interest income $4,967
Provision for loan and lease losses $993
Total noninterest income -$539
Fiduciary activities $0
Service charges on deposit accounts $218
Trading account gains & fees $0
Additional noninterest income -$757
Total noninterest expense $4,441
Salaries and employee benefits $2,218
Premises and equipment expense $668
Additional noninterest expense $1,555
Pre-tax net operating income -$1,006
Securities gains (losses) $18
Applicable income taxes -$363
Income before extraordinary items -$625
Extraordinary gains - net $0
Net income attributable to bank -$625
Net charge-offs $0
Cash dividends -$625
Sale, conversion, retirement of capital stock, net $1,833
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.57%
Cost of funding earning assets 1.10%
Net interest margin 4.47%
Noninterest income to earning assets -0.48%
Noninterest expense to earning assets 3.99%
Net operating income to assets -0.50%
Return on assets (ROA) -0.49%
Pretax return on assets -0.77%
Return on equity (ROE) -4.02%
Retained earnings to average equity (YTD only) -4.02%
Net charge-offs to loans 1.84%
Credit loss provision to net charge-offs 54.17%
Efficiency ratio-0.01%
Assets per employee$100,294
Cash dividends to net income (YTD only)4.52%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.53%
Noncurrent assets plus other real estate owned to assets 30.93%
Noncurrent loans to loans 5.07%
Net loans and leases to deposits4.96%
Net loans and leases to core deposits 94.22%
Equity capital to assets 96.74%
Core capital (leverage) ratio 12.56%
Tier 1 risk-based capital ratio 8.82%
Total risk-based capital ratio 10.30%
Memoranda
Average assets$12
Average earning assets$128,250
Average equity $15,544
Average loans $111,172
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4 Florida Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0424700Patriot Bank1815 Little Road, Trinity, FL 34655October 22, 2004Full Service Brick and Mortar
1451743Regency Oaks Branch2751 Regency Oaks Boulevard, Clearwater, FL 33759May 22, 2006Full Service Brick and Mortar
2462468Palm Harbor Branch1103 Florida Avenue, Palm Harbor, FL 34683April 16, 2007Full Service Brick and Mortar
4478476Riverwalk Branch11355 Decubellis Road, New Port Richey, FL 34654August 06, 2007Full Service Brick and Mortar
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