SouthTrust Bank of Central Florida in Ocala, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 01, 1995

  • SouthTrust Bank of Central Florida in Ocala, Florida (FL)
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SouthTrust Bank of Central Florida - Overview

  • General
  • FDIC Certificate #: 18781
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SouthTrust Bank of Central Florida (#22146)
    Federal Reserve ID: 301930
    Date Established: May 15, 1963
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 11 (Interstate: No)
    FDIC's unique #: 12642
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 15, 1963
    Last Structure Change Effective Date: September 01, 1995
    Last Structure Change Process Date: September 27, 1995
    Last Data Update: September 27, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 2001 S.W. 17th Street, Ocala, FL 34474
    County: Marion
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Gainesville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Ocala, FL (#5790)
    Core Based Statistical Area (CBSA): Ocala, FL (#36100)
    CBSA Metro Statistical Area: Ocala, FL (#36100)
  • Financial Summary
  • Total assets: $312.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $114Total assets
  • $281,332Cash and due from depository institutions
  • $11,011Interest-bearing balances
  • $3,000Securities
  • $57,470Federal funds sold & reverse repurchase agreements
  • $7,250Net loans & leases
  • $182,584Loan loss allowance
  • $2,734Trading account assets
  • $0Bank premises and fixed assets
  • $9,921Other real estate owned
  • $1,158Goodwill and other intangibles
  • $4,025Life insurance assets
  • $7,913All other assets
  • $0Total liabilities and capital
  • $281,332Total liabilities
  • $257,501Total deposits
  • $255,339Interest-bearing deposits
  • $224,608Deposits held in domestic offices
  • 255339.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $78Trading liabilities
  • $0Other borrowed funds
  • $830Subordinated debt
  • $0All other liabilities
  • $1,254Total equity capital
  • $1,254Total bank equity capital
  • $23,831Perpetual preferred stock
  • $0Common stock
  • $2,250Surplus
  • $21,202Undivided profits
  • Memoranda
  • $379Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $814Income earned, not collected on loans
  • $1,061Earning assets
  • $250,304Long-term assets (5+ years)
  • $31,418Average Assets, year-to-date
  • $191,686Average Assets, quarterly
  • $248,407Volatile liabilities
  • $24,285Insider loans
  • $1,845FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $28,346Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $16,533Total risk weighted assets
  • $188,994Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $12,415Total interest expense
  • $4,754Net interest income
  • $7,661Provision for loan and lease losses
  • $822Total noninterest income
  • $1,783Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,420Trading account gains & fees
  • $0Additional noninterest income
  • $363Total noninterest expense
  • $6,204Salaries and employee benefits
  • $2,788Premises and equipment expense
  • $861Additional noninterest expense
  • $2,555Pre-tax net operating income
  • $2,418Securities gains (losses)
  • $0Applicable income taxes
  • $948Income before extraordinary items
  • $1,470Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,470Net charge-offs
  • -$34Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.14%Cost of funding earning assets
  • 2.73%Net interest margin
  • 4.41%Noninterest income to earning assets
  • 1.03%Noninterest expense to earning assets
  • 3.57%Net operating income to assets
  • 0.77%Return on assets (ROA)
  • 0.77%Pretax return on assets
  • 1.26%Return on equity (ROE)
  • 9.14%Retained earnings to average equity (YTD only)
  • 9.14%Net charge-offs to loans
  • -0.03%Credit loss provision to net charge-offs
  • -2417.65%Efficiency ratio
  • 65,428Assets per employee
  • 2.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.48%Loss allowance to noncurrent loans
  • 335.87%Noncurrent assets plus other real estate owned to assets
  • 0.70%Noncurrent loans to loans
  • 0.44%Net loans and leases to deposits
  • 71.51%Net loans and leases to core deposits
  • 78.71%Equity capital to assets
  • 8.47%Core capital (leverage) ratio
  • 7.36%Tier 1 risk-based capital ratio
  • 8.75%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $191,686Average earning assets
  • $16,078Average equity
  • $173,892Average loans

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