Republic Bank, F.S.B. in Saint Petersburg, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 10, 1999

  • Republic Bank, F.S.B. in Saint Petersburg, Florida (FL)
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Republic Bank, F.S.B. - Overview

  • General
  • FDIC Certificate #: 34826
    Status: Inactive
    Federal Reserve ID: 2725222
    Date Established: August 20, 1998
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 15129
    FDIC's unique #: 61738
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: August 20, 1998
    Last Structure Change Effective Date: September 10, 1999
    Last Structure Change Process Date: Febuary 25, 2000
    Last Data Update: Febuary 25, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 1400 66th Street North, Suite 103, Saint Petersburg, FL 33710
    County: Pinellas
    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)
  • History of Changes
  • Other Liquidations and Closings
    Office Sold
    Change in Location
    Corrections
  • Financial Summary
  • Total assets: $16.9 mil

Assets and Liabilities (December 31, 1998)

  • Dollar figures in thousands
  • 16Total employees (full-time equivalent)
  • $18,903Total assets
  • $2,823Cash and due from depository institutions
  • $1,832Interest-bearing balances
  • $6,440Securities
  • $2,415Federal funds sold & reverse repurchase agreements
  • $6,402Net loans & leases
  • $60Loan loss allowance
  • $0Trading account assets
  • $400Bank premises and fixed assets
  • $0Other real estate owned
  • $26Goodwill and other intangibles
  • $0Life insurance assets
  • $397All other assets
  • $18,903Total liabilities and capital
  • $16,371Total liabilities
  • $15,591Total deposits
  • $15,591Interest-bearing deposits
  • $15,591Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $780All other liabilities
  • $2,532Total equity capital
  • $2,532Total bank equity capital
  • $2,532Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $2,550Undivided profits
  • Memoranda
  • $-118Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $99Earning assets
  • $0Long-term assets (5+ years)
  • $50Average Assets, year-to-date
  • $17,089Average Assets, quarterly
  • $0Volatile liabilities
  • $18,722Insider loans
  • $18,722FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,280Total unused commitments
  • $0Restructured Loans and leases
  • $6,968Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $432Total interest income
  • $188Total interest expense
  • $244Net interest income
  • $60Provision for loan and lease losses
  • $60Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $60Additional noninterest income
  • $388Total noninterest expense
  • $168Salaries and employee benefits
  • $87Premises and equipment expense
  • $133Additional noninterest expense
  • -$144Pre-tax net operating income
  • $0Securities gains (losses)
  • -$54Applicable income taxes
  • -$90Income before extraordinary items
  • $0Extraordinary gains - net
  • -$90Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.51%Yield on earning assets
  • 1.09%Cost of funding earning assets
  • 1.42%Net interest margin
  • 0.35%Noninterest income to earning assets
  • 2.26%Noninterest expense to earning assets
  • -0.48%Net operating income to assets
  • -0.48%Return on assets (ROA)
  • -0.77%Pretax return on assets
  • -3.41%Return on equity (ROE)
  • -3.41%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 125,987Assets per employee
  • 1.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.93%Loss allowance to noncurrent loans
  • 60.61%Noncurrent assets plus other real estate owned to assets
  • 0.52%Noncurrent loans to loans
  • 1.53%Net loans and leases to deposits
  • 41.06%Net loans and leases to core deposits
  • 41.06%Equity capital to assets
  • 13.39%Core capital (leverage) ratio
  • 13.40%Tier 1 risk-based capital ratio
  • 36.37%Total risk-based capital ratio
  • Memoranda
  • $37Average assets
  • $18,722Average earning assets
  • $2,636Average equity
  • $17,183Average loans

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