SunTrust Bank, East Central Florida in Daytona Beach, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2000

  • SunTrust Bank, East Central Florida in Daytona Beach, Florida (FL)
  • Show street view No street view available for this location

SunTrust Bank, East Central Florida - Overview

  • General
  • FDIC Certificate #: 15439
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SunTrust Bank (#867)
    Federal Reserve ID: 52531
    Date Established: December 08, 1936
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 24 (Interstate: No)
    FDIC's unique #: 9751
    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: December 08, 1936
    Last Structure Change Effective Date: January 01, 2000
    Last Structure Change Process Date: March 29, 2000
    Last Data Update: March 29, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 120 South Ridgewood Avenue, Daytona Beach, FL 32114
    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: $1,302.5 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 371Total employees (full-time equivalent)
  • $1,302,505Total assets
  • $43,123Cash and due from depository institutions
  • $484Interest-bearing balances
  • $380,167Securities
  • $13,780Federal funds sold & reverse repurchase agreements
  • $824,800Net loans & leases
  • $11,875Loan loss allowance
  • $0Trading account assets
  • $20,717Bank premises and fixed assets
  • $869Other real estate owned
  • $5,018Goodwill and other intangibles
  • $0Life insurance assets
  • $14,031All other assets
  • $1,302,505Total liabilities and capital
  • $1,211,986Total liabilities
  • $1,050,834Total deposits
  • $892,324Interest-bearing deposits
  • $1,050,834Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $153,970Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $7,182All other liabilities
  • $90,519Total equity capital
  • $90,519Total bank equity capital
  • $90,519Perpetual preferred stock
  • $0Common stock
  • $1,866Surplus
  • $34,042Undivided profits
  • Memoranda
  • $54,611Noncurrent loans and leases
  • $144,390Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,338Earning assets
  • $0Long-term assets (5+ years)
  • $4,164Average Assets, year-to-date
  • $1,219,231Average Assets, quarterly
  • $408,635Volatile liabilities
  • $1,246,674Insider loans
  • $1,285,501FHLB advances
  • $247,655Loans and leases held for sale
  • $63,832Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,216Total risk weighted assets
  • $144,390Total unused commitments
  • $0Restructured Loans and leases
  • $10,828Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $84,035Total interest income
  • $35,237Total interest expense
  • $48,798Net interest income
  • $900Provision for loan and lease losses
  • $21,781Total noninterest income
  • $6,110Fiduciary activities
  • $5,866Service charges on deposit accounts
  • $0Trading account gains & fees
  • $9,805Additional noninterest income
  • $37,871Total noninterest expense
  • $16,401Salaries and employee benefits
  • $3,425Premises and equipment expense
  • $18,045Additional noninterest expense
  • $31,808Pre-tax net operating income
  • -$2,651Securities gains (losses)
  • $10,703Applicable income taxes
  • $18,454Income before extraordinary items
  • $0Extraordinary gains - net
  • $18,454Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,161Sale, conversion, retirement of capital stock, net
  • $19,000Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.18%Yield on earning assets
  • 3.01%Cost of funding earning assets
  • 4.17%Net interest margin
  • 1.86%Noninterest income to earning assets
  • 3.24%Noninterest expense to earning assets
  • 1.62%Net operating income to assets
  • 1.48%Return on assets (ROA)
  • 2.34%Pretax return on assets
  • 19.63%Return on equity (ROE)
  • -0.58%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 77.52%Credit loss provision to net charge-offs
  • 28.17%Efficiency ratio
  • 52,744Assets per employee
  • 3.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 102.96%Loss allowance to loans
  • 1.42%Loss allowance to noncurrent loans
  • 222.46%Noncurrent assets plus other real estate owned to assets
  • 0.48%Noncurrent loans to loans
  • 0.64%Net loans and leases to deposits
  • 78.49%Net loans and leases to core deposits
  • 86.17%Equity capital to assets
  • 6.95%Core capital (leverage) ratio
  • 6.95%Tier 1 risk-based capital ratio
  • 10.29%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $1,246,674Average earning assets
  • $94,009Average equity
  • $1,170,467Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with SunTrust Bank, East Central Florida.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents