Ponte Vedra National Bank in Ponte Vedra Beach, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 19, 1996

  • Ponte Vedra National Bank in Ponte Vedra Beach, Florida (FL)
  • Show street view No street view available for this location

Ponte Vedra National Bank - Overview

  • General
  • FDIC Certificate #: 32732
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SunTrust Bank, North Florida, National Association (#19820)
    Federal Reserve ID: 1418938
    Date Established: December 18, 1989
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 45596
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: December 18, 1989
    Last Structure Change Effective Date: January 19, 1996
    Last Structure Change Process Date: Febuary 09, 1996
    Last Data Update: Febuary 09, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 Sawgrass Corners Drive, Ponte Vedra Beach, FL 32082
    County: St. Johns
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Gainesville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Jacksonville, FL (#3600)
    Core Based Statistical Area (CBSA): Jacksonville, FL (#27260)
    CBSA Metro Statistical Area: Jacksonville, FL (#27260)
  • Financial Summary
  • Total assets: $89.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $51Total assets
  • $89,786Cash and due from depository institutions
  • $8,234Interest-bearing balances
  • $0Securities
  • $11,975Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $65,805Loan loss allowance
  • $532Trading account assets
  • $0Bank premises and fixed assets
  • $3,032Other real estate owned
  • $0Goodwill and other intangibles
  • $740Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $89,786Total liabilities
  • $83,568Total deposits
  • $80,572Interest-bearing deposits
  • $64,960Deposits held in domestic offices
  • 80572.00%% insured (estimated)
  • $82Federal funds purchased & repurchase agreements
  • $2,111Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $885Total equity capital
  • $885Total bank equity capital
  • $6,218Perpetual preferred stock
  • $0Common stock
  • $2,750Surplus
  • $2,750Undivided profits
  • Memoranda
  • $718Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $435Income earned, not collected on loans
  • $423Earning assets
  • $77,780Long-term assets (5+ years)
  • $15,314Average Assets, year-to-date
  • $82,064Average Assets, quarterly
  • $88,654Volatile liabilities
  • $14,721Insider loans
  • $709FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $10,631Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,277Total risk weighted assets
  • $58,207Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $6,550Total interest expense
  • $2,364Net interest income
  • $4,186Provision for loan and lease losses
  • $182Total noninterest income
  • $1,104Fiduciary activities
  • $0Service charges on deposit accounts
  • $740Trading account gains & fees
  • $0Additional noninterest income
  • $364Total noninterest expense
  • $3,814Salaries and employee benefits
  • $2,038Premises and equipment expense
  • $1,009Additional noninterest expense
  • $767Pre-tax net operating income
  • $1,294Securities gains (losses)
  • -$1Applicable income taxes
  • $488Income before extraordinary items
  • $805Extraordinary gains - net
  • $0Net income attributable to bank
  • $805Net charge-offs
  • $143Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.16%Cost of funding earning assets
  • 3.30%Net interest margin
  • 5.85%Noninterest income to earning assets
  • 1.54%Noninterest expense to earning assets
  • 5.33%Net operating income to assets
  • 0.98%Return on assets (ROA)
  • 0.98%Pretax return on assets
  • 1.58%Return on equity (ROE)
  • 13.85%Retained earnings to average equity (YTD only)
  • 13.85%Net charge-offs to loans
  • 0.25%Credit loss provision to net charge-offs
  • 127.27%Efficiency ratio
  • 72,098Assets per employee
  • 1.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.80%Loss allowance to noncurrent loans
  • 122.30%Noncurrent assets plus other real estate owned to assets
  • 0.48%Noncurrent loans to loans
  • 0.66%Net loans and leases to deposits
  • 81.67%Net loans and leases to core deposits
  • 96.83%Equity capital to assets
  • 6.93%Core capital (leverage) ratio
  • 7.26%Tier 1 risk-based capital ratio
  • 10.78%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $82,064Average earning assets
  • $5,814Average equity
  • $71,543Average loans

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