Pilot Bank in Tampa, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Pilot Bank - Overview

  • General
  • FDIC Certificate #: 27045
    Status: Active
    Federal Reserve ID: 318835
    Bank Holding Company (Regulatory Top Holder): Pilot Bancshares, Inc. (RSSDID: 2345844, Location: Tampa, FL)
    Date Established: September 04, 1987
    WWW: http://www.pilotbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 38557
    Numeric code: 13
    Regulator: FED
    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: September 04, 1987
    Last Structure Change Effective Date: January 13, 2012
    Last Structure Change Process Date: January 30, 2012
    Last Data Update: January 30, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 5140 East Fowler Avenue, Tampa, FL 33617
    County: Hillsborough
    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)
  • Financial Summary
  • Total assets: $219.4 mil
    Equity capital: $19.4 mil
    Deposits held in domestic offices: $190.3 mil
    Return on assets (ROA): -0.92% (-$2.0 mil)
    Quarterly return on assets: -0.66% (-$1.4 mil)
    Return on Equity (ROE): -10.10% (-$1.9 mil)
    Quarterly return on equity: -7.35% (-$1.4 mil)
    Net income: -$2.0 mil
    Quarterly Net income: -$0.4 mil
    Pretax return on assets: -1.56% (-$3,423.0 mil)
    Quarterly Pretax return on assets: -1.12% (-$2,457.5 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
  • 51Total employees (full-time equivalent)
  • $219,423Total assets
  • $7,543Cash and due from depository institutions
  • $2,584Interest-bearing balances
  • $33,113Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $145,597Net loans & leases
  • $3,927Loan loss allowance
  • $0Trading account assets
  • $12,115Bank premises and fixed assets
  • $7,939Other real estate owned
  • $0Goodwill and other intangibles
  • $219,423Life insurance assets
  • $13,116All other assets
  • $200,038Total liabilities and capital
  • $190,267Total liabilities
  • $167,506Total deposits
  • $190,267Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 1922.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,750Trading liabilities
  • $0Other borrowed funds
  • $2,099Subordinated debt
  • $19,385All other liabilities
  • $19,385Total equity capital
  • $19,385Total bank equity capital
  • $0Perpetual preferred stock
  • $1,891Common stock
  • $18,521Surplus
  • $-1,027Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12,355Income earned, not collected on loans
  • $0Earning assets
  • $623Long-term assets (5+ years)
  • $181,294Average Assets, year-to-date
  • $92,421Average Assets, quarterly
  • $219,427Volatile liabilities
  • $217,777Insider loans
  • $177,469FHLB advances
  • $214,644Loans and leases held for sale
  • $5,124Unused loan commitments
  • $3,796Tier 1 (core) risk-based capital
  • $16,507Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,328Total unused commitments
  • $8,967Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,742Total interest income
  • $2,547Total interest expense
  • $7,195Net interest income
  • $3,342Provision for loan and lease losses
  • $758Total noninterest income
  • $0Fiduciary activities
  • $332Service charges on deposit accounts
  • $0Trading account gains & fees
  • $426Additional noninterest income
  • $8,137Total noninterest expense
  • $3,278Salaries and employee benefits
  • $1,584Premises and equipment expense
  • $3,275Additional noninterest expense
  • -$3,526Pre-tax net operating income
  • $95Securities gains (losses)
  • -$1,405Applicable income taxes
  • -$2,026Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,026Net income attributable to bank
  • $0Net charge-offs
  • -$2,026Cash dividends
  • $3,923Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.35%Yield on earning assets
  • 1.40%Cost of funding earning assets
  • 3.95%Net interest margin
  • 0.42%Noninterest income to earning assets
  • 4.46%Noninterest expense to earning assets
  • -0.95%Net operating income to assets
  • -0.92%Return on assets (ROA)
  • -1.56%Pretax return on assets
  • -10.10%Return on equity (ROE)
  • -10.10%Retained earnings to average equity (YTD only)
  • 2.55%Net charge-offs to loans
  • 85.19%Credit loss provision to net charge-offs
  • -0.05%Efficiency ratio
  • 102,314Assets per employee
  • 4.30%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.63%Loss allowance to noncurrent loans
  • 31.78%Noncurrent assets plus other real estate owned to assets
  • 9.25%Noncurrent loans to loans
  • 8.26%Net loans and leases to deposits
  • 76.52%Net loans and leases to core deposits
  • 80.99%Equity capital to assets
  • 8.83%Core capital (leverage) ratio
  • 7.69%Tier 1 risk-based capital ratio
  • 9.30%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $219,427Average earning assets
  • $20,057Average equity
  • $182,244Average loans

List of branches

  • 6 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    038557Pilot Bank5140 East Fowler Avenue, Tampa, FL 33617September 04, 1987Full Service Brick and Mortar
    113836University Branch2901 East Fowler Avenue, Tampa, FL 33682Febuary 26, 1970Full Service Brick and Mortar
    2260696New Tampa Branch19001 Bruce B. Downs Boulevard, Tampa, FL 33647September 01, 1997Full Service Brick and Mortar
    3422316South Tampa Office Branch4005 South Dale Mabry, Tampa, FL 33611August 01, 2002Full Service Brick and Mortar
    4442452Upper Tampa Bay Office Branch12471 West Linebaugh Avenue, Tampa, FL 33626May 20, 2005Full Service Brick and Mortar
    6467229Lakeland Office Branch439 S. Florida Avenue, Lakeland, FL 33801January 01, 2007Full Service Brick and Mortar

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