Port St. Lucie National Bank in Port St. Lucie, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 30, 1997

  • Port St. Lucie National Bank in Port St. Lucie, Florida (FL)
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Port St. Lucie National Bank - Overview

  • General
  • FDIC Certificate #: 27482
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Seacoast National Bank (#131)
    Federal Reserve ID: 1386242
    Date Established: April 03, 1989
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 10953
    FDIC's unique #: 40099
    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: April 03, 1989
    Last Structure Change Effective Date: May 30, 1997
    Last Structure Change Process Date: June 09, 1997
    Last Data Update: June 09, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 10570 S. U.S. 1, Port St. Lucie Boulevard, Port St. Lucie, FL 34952
    County: St. Lucie
    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): Fort Pierce-Port St. Lucie, FL (#2710)
    Combined Statistical Area (CSA): Port St. Lucie-Sebastian-Vero Beach, FL (#442)
    Core Based Statistical Area (CBSA): Port St. Lucie, FL (#38940)
    CBSA Metro Statistical Area: Port St. Lucie, FL (#38940)
  • Financial Summary
  • Total assets: $131.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $63Total assets
  • $129,141Cash and due from depository institutions
  • $4,948Interest-bearing balances
  • $0Securities
  • $14,369Federal funds sold & reverse repurchase agreements
  • $4,400Net loans & leases
  • $103,357Loan loss allowance
  • $1,371Trading account assets
  • $0Bank premises and fixed assets
  • $648Other real estate owned
  • $53Goodwill and other intangibles
  • $1,222Life insurance assets
  • $144All other assets
  • $0Total liabilities and capital
  • $129,141Total liabilities
  • $119,510Total deposits
  • $118,882Interest-bearing deposits
  • $99,150Deposits held in domestic offices
  • 118882.00%% insured (estimated)
  • $83Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $625Total equity capital
  • $625Total bank equity capital
  • $9,631Perpetual preferred stock
  • $0Common stock
  • $2,500Surplus
  • $2,500Undivided profits
  • Memoranda
  • $4,631Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $772Income earned, not collected on loans
  • $600Earning assets
  • $122,126Long-term assets (5+ years)
  • $26,433Average Assets, year-to-date
  • $122,968Average Assets, quarterly
  • $129,114Volatile liabilities
  • $9,281Insider loans
  • $2,248FHLB advances
  • $0Loans and leases held for sale
  • $3,556Unused loan commitments
  • $12,199Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $9,783Total risk weighted assets
  • $86,520Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,608Total interest expense
  • $4,323Net interest income
  • $5,285Provision for loan and lease losses
  • $640Total noninterest income
  • $1,142Fiduciary activities
  • $0Service charges on deposit accounts
  • $619Trading account gains & fees
  • $0Additional noninterest income
  • $523Total noninterest expense
  • $3,851Salaries and employee benefits
  • $1,801Premises and equipment expense
  • $607Additional noninterest expense
  • $1,443Pre-tax net operating income
  • $1,936Securities gains (losses)
  • $4Applicable income taxes
  • $664Income before extraordinary items
  • $1,276Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,276Net charge-offs
  • $96Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.21%Cost of funding earning assets
  • 3.69%Net interest margin
  • 4.52%Noninterest income to earning assets
  • 0.98%Noninterest expense to earning assets
  • 3.29%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 1.04%Pretax return on assets
  • 1.58%Return on equity (ROE)
  • 14.13%Retained earnings to average equity (YTD only)
  • 14.13%Net charge-offs to loans
  • 0.10%Credit loss provision to net charge-offs
  • 666.67%Efficiency ratio
  • 59,530Assets per employee
  • 2.05%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.31%Loss allowance to noncurrent loans
  • 177.59%Noncurrent assets plus other real estate owned to assets
  • 0.64%Noncurrent loans to loans
  • 0.74%Net loans and leases to deposits
  • 86.94%Net loans and leases to core deposits
  • 94.30%Equity capital to assets
  • 7.46%Core capital (leverage) ratio
  • 7.51%Tier 1 risk-based capital ratio
  • 11.31%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $122,968Average earning assets
  • $9,028Average equity
  • $117,052Average loans

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