Sanibel Captiva Community Bank in Sanibel, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Sanibel Captiva Community Bank - Overview

  • General
  • FDIC Certificate #: 57425
    Status: Active
    Federal Reserve ID: 3122994
    Date Established: January 21, 2003
    WWW: http://www.sancapbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 363517
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 21, 2003
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2475 Library Way, Sanibel, FL 33957
    County: Lee
    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 Myers-Cape Coral, FL (#2700)
    Core Based Statistical Area (CBSA): Cape Coral-Fort Myers, FL (#15980)
    CBSA Metro Statistical Area: Cape Coral-Fort Myers, FL (#15980)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $224.8 mil
    Equity capital: $20.4 mil
    Deposits held in domestic offices: $178.1 mil
    Return on assets (ROA): 0.05% ($0.1 mil)
    Quarterly return on assets: 1.02% ($2.3 mil)
    Return on Equity (ROE): 0.55% ($0.1 mil)
    Quarterly return on equity: 11.52% ($2.3 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 0.08% ($179.9 mil)
    Quarterly Pretax return on assets: 1.66% ($3,732.5 mil)

2000 - 2011 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, 2011)

  • Dollar figures in thousands
  • 37Total employees (full-time equivalent)
  • $224,850Total assets
  • $19,802Cash and due from depository institutions
  • $18,066Interest-bearing balances
  • $8,423Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $180,485Net loans & leases
  • $3,512Loan loss allowance
  • $0Trading account assets
  • $3,503Bank premises and fixed assets
  • $8,039Other real estate owned
  • $0Goodwill and other intangibles
  • $224,850Life insurance assets
  • $4,598All other assets
  • $204,412Total liabilities and capital
  • $178,141Total liabilities
  • $156,845Total deposits
  • $178,141Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $26,000Trading liabilities
  • $0Other borrowed funds
  • $271Subordinated debt
  • $20,438All other liabilities
  • $20,438Total equity capital
  • $20,438Total bank equity capital
  • $0Perpetual preferred stock
  • $6,341Common stock
  • $9,975Surplus
  • $4,122Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $345Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,247Income earned, not collected on loans
  • $0Earning assets
  • $691Long-term assets (5+ years)
  • $206,974Average Assets, year-to-date
  • $57,279Average Assets, quarterly
  • $233,885Volatile liabilities
  • $226,449Insider loans
  • $167,046FHLB advances
  • $223,292Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $20,263Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,860Restructured Loans and leases
  • $2,740Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,720Total interest income
  • $2,470Total interest expense
  • $9,250Net interest income
  • $2,550Provision for loan and lease losses
  • -$708Total noninterest income
  • $0Fiduciary activities
  • $125Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$833Additional noninterest income
  • $5,816Total noninterest expense
  • $2,498Salaries and employee benefits
  • $469Premises and equipment expense
  • $2,849Additional noninterest expense
  • $176Pre-tax net operating income
  • $0Securities gains (losses)
  • $66Applicable income taxes
  • $110Income before extraordinary items
  • $0Extraordinary gains - net
  • $110Net income attributable to bank
  • $0Net charge-offs
  • $110Cash dividends
  • $3,013Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.46%Yield on earning assets
  • 1.15%Cost of funding earning assets
  • 4.31%Net interest margin
  • -0.33%Noninterest income to earning assets
  • 2.71%Noninterest expense to earning assets
  • 0.05%Net operating income to assets
  • 0.05%Return on assets (ROA)
  • 0.08%Pretax return on assets
  • 0.55%Return on equity (ROE)
  • 0.55%Retained earnings to average equity (YTD only)
  • 1.58%Net charge-offs to loans
  • 84.63%Credit loss provision to net charge-offs
  • 0.90%Efficiency ratio
  • 68,087Assets per employee
  • 6.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.91%Loss allowance to noncurrent loans
  • 66.93%Noncurrent assets plus other real estate owned to assets
  • 5.91%Noncurrent loans to loans
  • 2.85%Net loans and leases to deposits
  • 101.32%Net loans and leases to core deposits
  • 107.72%Equity capital to assets
  • 9.09%Core capital (leverage) ratio
  • 9.07%Tier 1 risk-based capital ratio
  • 12.13%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $233,885Average earning assets
  • $20,032Average equity
  • $214,635Average loans

List of branches

  • 3 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0363517Sanibel Captiva Community Bank2475 Library Way, Sanibel, FL 33957January 21, 2003Full Service Brick and Mortar
    2433284Periwinkle Branch1037 Periwinkle Way, Sanibel, FL 33957November 08, 2004Full Service Brick and Mortar
    3465224Mcgregor Branch15975 Mcgregor Boulevard, Fort Myers, FL 33908October 20, 2006Full Service Brick and Mortar

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