SouthTrust Bank of Northeast Florida National Association in Jacksonville, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 15, 1995

  • SouthTrust Bank of Northeast Florida National Association in Jacksonville, Florida (FL)
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SouthTrust Bank of Northeast Florida National Association - Overview

  • General
  • FDIC Certificate #: 21947
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SouthTrust Bank of Florida, National Association (#21679)
    Federal Reserve ID: 187639
    Date Established: March 14, 1975
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 15 (Interstate: No)
    FDIC's unique #: 15211
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: March 14, 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: 51 West Bay Street, Jacksonville, FL 32202
    County: Duval
    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): Jacksonville, FL (#3600)
    Core Based Statistical Area (CBSA): Jacksonville, FL (#27260)
    CBSA Metro Statistical Area: Jacksonville, FL (#27260)
  • Financial Summary
  • Total assets: $326.8 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)
  • $122Total assets
  • $304,693Cash and due from depository institutions
  • $13,510Interest-bearing balances
  • $0Securities
  • $67,409Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $206,656Loan loss allowance
  • $2,815Trading account assets
  • $0Bank premises and fixed assets
  • $9,653Other real estate owned
  • $866Goodwill and other intangibles
  • $4,357Life insurance assets
  • $2,242All other assets
  • $0Total liabilities and capital
  • $304,693Total liabilities
  • $283,269Total deposits
  • $267,641Interest-bearing deposits
  • $237,583Deposits held in domestic offices
  • 267641.00%% insured (estimated)
  • $86Federal funds purchased & repurchase agreements
  • $13,726Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,902Total equity capital
  • $1,902Total bank equity capital
  • $21,424Perpetual preferred stock
  • $0Common stock
  • $1,052Surplus
  • $20,266Undivided profits
  • Memoranda
  • $106Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $924Income earned, not collected on loans
  • $1,234Earning assets
  • $274,065Long-term assets (5+ years)
  • $34,541Average Assets, year-to-date
  • $284,997Average Assets, quarterly
  • $299,303Volatile liabilities
  • $55,127Insider loans
  • $1,358FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $41,190Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $20,388Total risk weighted assets
  • $213,454Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $18,374Total interest expense
  • $8,905Net interest income
  • $9,469Provision for loan and lease losses
  • $778Total noninterest income
  • $2,447Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,969Trading account gains & fees
  • $0Additional noninterest income
  • $478Total noninterest expense
  • $10,447Salaries and employee benefits
  • $4,329Premises and equipment expense
  • $1,786Additional noninterest expense
  • $4,332Pre-tax net operating income
  • $691Securities gains (losses)
  • $0Applicable income taxes
  • $207Income before extraordinary items
  • $484Extraordinary gains - net
  • $0Net income attributable to bank
  • $484Net charge-offs
  • $287Cash 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
  • 7.06%Cost of funding earning assets
  • 3.42%Net interest margin
  • 3.64%Noninterest income to earning assets
  • 0.94%Noninterest expense to earning assets
  • 4.02%Net operating income to assets
  • 0.17%Return on assets (ROA)
  • 0.17%Pretax return on assets
  • 0.24%Return on equity (ROE)
  • 2.37%Retained earnings to average equity (YTD only)
  • 2.37%Net charge-offs to loans
  • 0.15%Credit loss provision to net charge-offs
  • 271.08%Efficiency ratio
  • 85,205Assets per employee
  • 2.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.34%Loss allowance to noncurrent loans
  • 304.65%Noncurrent assets plus other real estate owned to assets
  • 0.59%Noncurrent loans to loans
  • 0.44%Net loans and leases to deposits
  • 77.21%Net loans and leases to core deposits
  • 91.34%Equity capital to assets
  • 7.03%Core capital (leverage) ratio
  • 6.97%Tier 1 risk-based capital ratio
  • 9.55%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $284,997Average earning assets
  • $20,422Average equity
  • $260,116Average loans

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