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

This bank is inactive as of December 15, 1995

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

  • General
  • FDIC Certificate #: 22146
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SouthTrust Bank of Florida, National Association (#21679)
    Federal Reserve ID: 789930
    Date Established: October 15, 1975
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 24 (Interstate: No)
    FDIC's unique #: 15383
    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: October 15, 1975
    Last Structure Change Effective Date: December 15, 1995
    Last Structure Change Process Date: December 27, 1995
    Last Data Update: December 27, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 East New York Avenue, Deland, FL 32724
    County: Volusia
    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): Daytona Beach, FL (#2020)
    Combined Statistical Area (CSA): Orlando-Deltona-Daytona Beach, FL (#422)
    Core Based Statistical Area (CBSA): Deltona-Daytona Beach-Ormond Beach, FL (#19660)
    CBSA Metro Statistical Area: Deltona-Daytona Beach-Ormond Beach, FL (#19660)
  • Financial Summary
  • Total assets: $790.1 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)
  • $152Total assets
  • $440,070Cash and due from depository institutions
  • $21,262Interest-bearing balances
  • $0Securities
  • $71,069Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $328,532Loan loss allowance
  • $4,111Trading account assets
  • $0Bank premises and fixed assets
  • $12,406Other real estate owned
  • $705Goodwill and other intangibles
  • $6,096Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $440,070Total liabilities
  • $409,448Total deposits
  • $393,621Interest-bearing deposits
  • $347,199Deposits held in domestic offices
  • 393621.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $12,689Trading liabilities
  • $0Other borrowed funds
  • $1,228Subordinated debt
  • $0All other liabilities
  • $1,910Total equity capital
  • $1,910Total bank equity capital
  • $30,622Perpetual preferred stock
  • $0Common stock
  • $950Surplus
  • $13,271Undivided profits
  • Memoranda
  • $16,401Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,510Income earned, not collected on loans
  • $1,869Earning assets
  • $399,601Long-term assets (5+ years)
  • $56,244Average Assets, year-to-date
  • $402,227Average Assets, quarterly
  • $429,381Volatile liabilities
  • $65,004Insider loans
  • $5,605FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $44,830Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $31,530Total risk weighted assets
  • $340,799Total unused commitments
  • $0Restructured Loans and leases
  • $30,000Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $28,524Total interest expense
  • $11,691Net interest income
  • $16,833Provision for loan and lease losses
  • $1,088Total noninterest income
  • $3,782Fiduciary activities
  • $0Service charges on deposit accounts
  • $3,036Trading account gains & fees
  • $0Additional noninterest income
  • $746Total noninterest expense
  • $11,393Salaries and employee benefits
  • $4,685Premises and equipment expense
  • $1,067Additional noninterest expense
  • $5,641Pre-tax net operating income
  • $8,134Securities gains (losses)
  • -$1Applicable income taxes
  • $3,027Income before extraordinary items
  • $5,106Extraordinary gains - net
  • $0Net income attributable to bank
  • $5,106Net charge-offs
  • $240Cash 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
  • 7.71%Cost of funding earning assets
  • 3.16%Net interest margin
  • 4.55%Noninterest income to earning assets
  • 1.02%Noninterest expense to earning assets
  • 3.08%Net operating income to assets
  • 1.27%Return on assets (ROA)
  • 1.27%Pretax return on assets
  • 2.02%Return on equity (ROE)
  • 18.62%Retained earnings to average equity (YTD only)
  • 18.62%Net charge-offs to loans
  • 0.08%Credit loss provision to net charge-offs
  • 453.33%Efficiency ratio
  • 55,266Assets per employee
  • 2.90%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.24%Loss allowance to noncurrent loans
  • 272.25%Noncurrent assets plus other real estate owned to assets
  • 0.50%Noncurrent loans to loans
  • 0.45%Net loans and leases to deposits
  • 83.46%Net loans and leases to core deposits
  • 95.94%Equity capital to assets
  • 6.96%Core capital (leverage) ratio
  • 7.29%Tier 1 risk-based capital ratio
  • 9.25%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $402,227Average earning assets
  • $27,416Average equity
  • $370,167Average loans

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