Regions Bank, National Association in Longwood, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 07, 1997

  • Regions Bank, National Association in Longwood, Florida (FL)
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Regions Bank, National Association - Overview

  • General
  • FDIC Certificate #: 27366
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Regions Bank (#12368)
    Federal Reserve ID: 1221530
    Date Established: November 03, 1988
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 6 (Interstate: No)
    FDIC's unique #: 39686
    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: November 03, 1988
    Last Structure Change Effective Date: November 07, 1997
    Last Structure Change Process Date: December 31, 1997
    Last Data Update: March 14, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 425 U.S. Highway 17-92, South, Longwood, FL 32750
    County: Seminole
    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): Orlando, FL (#5960)
    Combined Statistical Area (CSA): Orlando-Deltona-Daytona Beach, FL (#422)
    Core Based Statistical Area (CBSA): Orlando-Kissimmee-Sanford, FL (#36740)
    CBSA Metro Statistical Area: Orlando-Kissimmee-Sanford, FL (#36740)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $185.5 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)
  • $51Total assets
  • $141,728Cash and due from depository institutions
  • $8,302Interest-bearing balances
  • $0Securities
  • $41,967Federal funds sold & reverse repurchase agreements
  • $950Net loans & leases
  • $83,559Loan loss allowance
  • $1,000Trading account assets
  • $0Bank premises and fixed assets
  • $4,063Other real estate owned
  • $1,029Goodwill and other intangibles
  • $1,749Life insurance assets
  • $109All other assets
  • $0Total liabilities and capital
  • $141,728Total liabilities
  • $132,703Total deposits
  • $127,079Interest-bearing deposits
  • $106,082Deposits held in domestic offices
  • 127079.00%% insured (estimated)
  • $81Federal funds purchased & repurchase agreements
  • $5,146Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $478Total equity capital
  • $478Total bank equity capital
  • $9,025Perpetual preferred stock
  • $0Common stock
  • $2,967Surplus
  • $3,041Undivided profits
  • Memoranda
  • $3,017Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $603Income earned, not collected on loans
  • $512Earning assets
  • $126,476Long-term assets (5+ years)
  • $12,738Average Assets, year-to-date
  • $122,405Average Assets, quarterly
  • $133,922Volatile liabilities
  • $27,258Insider loans
  • $3,546FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $11,713Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $8,932Total risk weighted assets
  • $103,088Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,512Total interest expense
  • $4,349Net interest income
  • $5,163Provision for loan and lease losses
  • $129Total noninterest income
  • $694Fiduciary activities
  • $0Service charges on deposit accounts
  • $347Trading account gains & fees
  • $0Additional noninterest income
  • $347Total noninterest expense
  • $3,965Salaries and employee benefits
  • $2,113Premises and equipment expense
  • $836Additional noninterest expense
  • $1,016Pre-tax net operating income
  • $1,763Securities gains (losses)
  • $106Applicable income taxes
  • $668Income before extraordinary items
  • $1,201Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,201Net charge-offs
  • $4Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $4Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.70%Cost of funding earning assets
  • 3.98%Net interest margin
  • 4.72%Noninterest income to earning assets
  • 0.63%Noninterest expense to earning assets
  • 3.63%Net operating income to assets
  • 0.93%Return on assets (ROA)
  • 0.98%Pretax return on assets
  • 1.53%Return on equity (ROE)
  • 14.23%Retained earnings to average equity (YTD only)
  • 14.23%Net charge-offs to loans
  • 0.01%Credit loss provision to net charge-offs
  • 3225.00%Efficiency ratio
  • 67,475Assets per employee
  • 2.78%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.18%Loss allowance to noncurrent loans
  • 165.84%Noncurrent assets plus other real estate owned to assets
  • 1.15%Noncurrent loans to loans
  • 0.71%Net loans and leases to deposits
  • 65.75%Net loans and leases to core deposits
  • 79.61%Equity capital to assets
  • 6.37%Core capital (leverage) ratio
  • 6.59%Tier 1 risk-based capital ratio
  • 8.66%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $122,405Average earning assets
  • $8,439Average equity
  • $109,346Average loans

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