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

This bank is inactive as of October 08, 1999

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

  • General
  • FDIC Certificate #: 27436
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank (#12368)
    Federal Reserve ID: 1357701
    Date Established: January 19, 1989
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Interstate: No)
    OTS Docket #: 13854
    FDIC's unique #: 39910
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 19, 1989
    Last Structure Change Effective Date: October 08, 1999
    Last Structure Change Process Date: December 16, 1999
    Last Data Update: December 16, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 6001 26th Street West, Bradenton, FL 34207
    County: Manatee
    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): Sarasota-Bradenton, FL (#7510)
    Combined Statistical Area (CSA): Sarasota-Bradenton-Punta Gorda, FL (#494)
    Core Based Statistical Area (CBSA): North Port-Bradenton-Sarasota, FL (#35840)
    CBSA Metro Statistical Area: North Port-Bradenton-Sarasota, FL (#35840)
  • Financial Summary
  • Total assets: $216.6 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 85Total employees (full-time equivalent)
  • $224,773Total assets
  • $10,337Cash and due from depository institutions
  • $0Interest-bearing balances
  • $33,457Securities
  • $28,218Federal funds sold & reverse repurchase agreements
  • $145,070Net loans & leases
  • $2,123Loan loss allowance
  • $0Trading account assets
  • $6,147Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,544All other assets
  • $224,773Total liabilities and capital
  • $209,739Total liabilities
  • $208,946Total deposits
  • $181,297Interest-bearing deposits
  • $208,946Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $793All other liabilities
  • $15,034Total equity capital
  • $15,034Total bank equity capital
  • $15,034Perpetual preferred stock
  • $0Common stock
  • $4,797Surplus
  • $9,743Undivided profits
  • Memoranda
  • $494Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,252Earning assets
  • $0Long-term assets (5+ years)
  • $847Average Assets, year-to-date
  • $206,745Average Assets, quarterly
  • $51,581Volatile liabilities
  • $211,040Insider loans
  • $215,740FHLB advances
  • $19,868Loans and leases held for sale
  • $3,088Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $27,586Total unused commitments
  • $0Restructured Loans and leases
  • $141,039Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $15,911Total interest income
  • $8,253Total interest expense
  • $7,658Net interest income
  • -$303Provision for loan and lease losses
  • $521Total noninterest income
  • $0Fiduciary activities
  • $248Service charges on deposit accounts
  • $0Trading account gains & fees
  • $273Additional noninterest income
  • $5,496Total noninterest expense
  • $2,975Salaries and employee benefits
  • $865Premises and equipment expense
  • $1,656Additional noninterest expense
  • $2,986Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,152Applicable income taxes
  • $1,834Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,834Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $66Sale, conversion, retirement of capital stock, net
  • $80Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.19%Yield on earning assets
  • 4.25%Cost of funding earning assets
  • 3.94%Net interest margin
  • 0.27%Noninterest income to earning assets
  • 2.83%Noninterest expense to earning assets
  • 0.87%Net operating income to assets
  • 0.87%Return on assets (ROA)
  • 1.41%Pretax return on assets
  • 13.38%Return on equity (ROE)
  • 12.80%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • -459.09%Credit loss provision to net charge-offs
  • 40.65%Efficiency ratio
  • 67,196Assets per employee
  • 2.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 4.36%Loss allowance to loans
  • 1.44%Loss allowance to noncurrent loans
  • 169.57%Noncurrent assets plus other real estate owned to assets
  • 0.56%Noncurrent loans to loans
  • 0.85%Net loans and leases to deposits
  • 69.43%Net loans and leases to core deposits
  • 76.72%Equity capital to assets
  • 6.69%Core capital (leverage) ratio
  • 7.34%Tier 1 risk-based capital ratio
  • 10.66%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $211,040Average earning assets
  • $13,706Average equity
  • $194,199Average loans

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