Plant State Bank in Plant City, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 10, 1995

  • Plant State Bank in Plant City, Florida (FL)
  • Show street view No street view available for this location

Plant State Bank - Overview

  • General
  • FDIC Certificate #: 26821
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SouthTrust Bank of Florida, National Association (#21679)
    Federal Reserve ID: 32832
    Date Established: September 30, 1986
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 36017
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: September 30, 1986
    Last Structure Change Effective Date: Febuary 10, 1995
    Last Structure Change Process Date: March 07, 1995
    Last Data Update: March 07, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 202 South Wheeler, Plant City, FL 33566
    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: $45.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $15Total assets
  • $45,216Cash and due from depository institutions
  • $1,983Interest-bearing balances
  • $0Securities
  • $11,749Federal funds sold & reverse repurchase agreements
  • $200Net loans & leases
  • $29,544Loan loss allowance
  • $600Trading account assets
  • $0Bank premises and fixed assets
  • $947Other real estate owned
  • $175Goodwill and other intangibles
  • $618Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $45,216Total liabilities
  • $41,584Total deposits
  • $41,339Interest-bearing deposits
  • $36,140Deposits held in domestic offices
  • 41339.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $245Total equity capital
  • $245Total bank equity capital
  • $3,632Perpetual preferred stock
  • $0Common stock
  • $2,932Surplus
  • $1,597Undivided profits
  • Memoranda
  • $-897Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $235Earning assets
  • $41,493Long-term assets (5+ years)
  • $6,817Average Assets, year-to-date
  • $39,613Average Assets, quarterly
  • $43,788Volatile liabilities
  • $4,839Insider loans
  • $1,299FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $5,528Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,109Total risk weighted assets
  • $31,841Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,001Total interest expense
  • $1,110Net interest income
  • $1,891Provision for loan and lease losses
  • $432Total noninterest income
  • $218Fiduciary activities
  • $0Service charges on deposit accounts
  • $180Trading account gains & fees
  • $0Additional noninterest income
  • $38Total noninterest expense
  • $1,159Salaries and employee benefits
  • $567Premises and equipment expense
  • $97Additional noninterest expense
  • $495Pre-tax net operating income
  • $518Securities gains (losses)
  • $0Applicable income taxes
  • $188Income before extraordinary items
  • $330Extraordinary gains - net
  • $0Net income attributable to bank
  • $330Net charge-offs
  • $332Cash dividends
  • $176Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.25%Cost of funding earning assets
  • 3.05%Net interest margin
  • 5.20%Noninterest income to earning assets
  • 0.60%Noninterest expense to earning assets
  • 3.18%Net operating income to assets
  • 0.83%Return on assets (ROA)
  • 0.83%Pretax return on assets
  • 1.31%Return on equity (ROE)
  • 8.58%Retained earnings to average equity (YTD only)
  • 4.00%Net charge-offs to loans
  • 1.28%Credit loss provision to net charge-offs
  • 130.12%Efficiency ratio
  • 54,955Assets per employee
  • 3.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 53.33%Loss allowance to loans
  • 1.99%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.39%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 71.47%Net loans and leases to core deposits
  • 80.94%Equity capital to assets
  • 8.03%Core capital (leverage) ratio
  • 10.25%Tier 1 risk-based capital ratio
  • 12.90%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $39,613Average earning assets
  • $3,845Average equity
  • $36,393Average loans

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