Shamrock Bank of Florida in Naples, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Shamrock Bank of Florida - Overview

  • General
  • FDIC Certificate #: 58553
    Status: Active
    Federal Reserve ID: 3613652
    Date Established: July 09, 2007
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 456196
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 09, 2007
    Last Structure Change Effective Date: July 09, 2007
    Last Structure Change Process Date: July 10, 2007
    Last Data Update: July 10, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 895 5th Avenue South, Naples, FL 34102
    County: Collier
    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): Naples, FL (#5345)
    Core Based Statistical Area (CBSA): Naples-Marco Island, FL (#34940)
    CBSA Metro Statistical Area: Naples-Marco Island, FL (#34940)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
    New Institution
  • Financial Summary
  • Total assets: $90.3 mil
    Equity capital: $12.4 mil
    Deposits held in domestic offices: $70.8 mil
    Return on assets (ROA): -1.76% (-$1.6 mil)
    Quarterly return on assets: 0.27% ($0.2 mil)
    Return on Equity (ROE): -11.30% (-$1.4 mil)
    Quarterly return on equity: 1.81% ($0.2 mil)
    Net income: -$1.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: -1.76% (-$1,589.2 mil)
    Quarterly Pretax return on assets: 0.27% ($243.8 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
  • 13Total employees (full-time equivalent)
  • $90,294Total assets
  • $8,788Cash and due from depository institutions
  • $7,329Interest-bearing balances
  • $22,750Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $56,575Net loans & leases
  • $1,102Loan loss allowance
  • $0Trading account assets
  • $498Bank premises and fixed assets
  • $819Other real estate owned
  • $0Goodwill and other intangibles
  • $90,294Life insurance assets
  • $864All other assets
  • $77,879Total liabilities and capital
  • $70,780Total liabilities
  • $66,639Total deposits
  • $70,780Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $7,000Trading liabilities
  • $0Other borrowed funds
  • $99Subordinated debt
  • $12,415All other liabilities
  • $12,415Total equity capital
  • $12,415Total bank equity capital
  • $0Perpetual preferred stock
  • $10,528Common stock
  • $10,986Surplus
  • $-9,099Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,973Income earned, not collected on loans
  • $0Earning assets
  • $299Long-term assets (5+ years)
  • $86,654Average Assets, year-to-date
  • $22,156Average Assets, quarterly
  • $82,054Volatile liabilities
  • $84,197Insider loans
  • $56,989FHLB advances
  • $83,866Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,260Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,597Restructured Loans and leases
  • $1,246Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,277Total interest income
  • $863Total interest expense
  • $2,414Net interest income
  • $1,290Provision for loan and lease losses
  • -$74Total noninterest income
  • $0Fiduciary activities
  • $26Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$100Additional noninterest income
  • $2,594Total noninterest expense
  • $1,277Salaries and employee benefits
  • $309Premises and equipment expense
  • $1,008Additional noninterest expense
  • -$1,544Pre-tax net operating income
  • $96Securities gains (losses)
  • $0Applicable income taxes
  • -$1,448Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,448Net income attributable to bank
  • $0Net charge-offs
  • -$1,448Cash dividends
  • $1,840Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.38%Yield on earning assets
  • 1.15%Cost of funding earning assets
  • 3.22%Net interest margin
  • -0.10%Noninterest income to earning assets
  • 3.46%Noninterest expense to earning assets
  • -1.88%Net operating income to assets
  • -1.76%Return on assets (ROA)
  • -1.76%Pretax return on assets
  • -11.30%Return on equity (ROE)
  • -11.30%Retained earnings to average equity (YTD only)
  • 3.36%Net charge-offs to loans
  • 70.11%Credit loss provision to net charge-offs
  • -0.14%Efficiency ratio
  • 110,855Assets per employee
  • 6.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.91%Loss allowance to noncurrent loans
  • 55.85%Noncurrent assets plus other real estate owned to assets
  • 3.09%Noncurrent loans to loans
  • 3.42%Net loans and leases to deposits
  • 79.93%Net loans and leases to core deposits
  • 90.97%Equity capital to assets
  • 13.75%Core capital (leverage) ratio
  • 14.62%Tier 1 risk-based capital ratio
  • 21.51%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $82,054Average earning assets
  • $12,810Average equity
  • $74,891Average loans

List of branches

  • 2 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0456196Shamrock Bank Of Florida895 5th Avenue South, Naples, FL 34102July 09, 2007Full Service Brick and Mortar
    1490673Everglades City BranchBroadway Avenue East, Everglades City, FL 34139March 19, 2009Full Service Brick and Mortar

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