The First National Bank of Alachua in Alachua, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 21, 2005

  • The First National Bank of Alachua in Alachua, Florida (FL)
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The First National Bank of Alachua - Overview

  • General
  • FDIC Certificate #: 3550
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Capital City Bank (#9622)
    Federal Reserve ID: 294331
    Date Established: January 01, 1908
    WWW: http://www.fnba.net
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Interstate: No)
    FDIC's unique #: 2244
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 21, 2005
    Last Structure Change Process Date: June 01, 2005
    Last Data Update: June 01, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: Highway 441 And N.E. 1st Street, Alachua, FL 32615
    County: Alachua
    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): Gainesville, FL (#2900)
    Core Based Statistical Area (CBSA): Gainesville, FL (#23540)
    CBSA Metro Statistical Area: Gainesville, FL (#23540)
  • Financial Summary
  • Total assets: $230.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)

  • Dollar figures in thousands
  • 99Total employees (full-time equivalent)
  • $231,778Total assets
  • $12,079Cash and due from depository institutions
  • $2,269Interest-bearing balances
  • $36,481Securities
  • $57,457Federal funds sold & reverse repurchase agreements
  • $118,793Net loans & leases
  • $1,912Loan loss allowance
  • $0Trading account assets
  • $3,748Bank premises and fixed assets
  • $0Other real estate owned
  • $1,093Goodwill and other intangibles
  • $0Life insurance assets
  • $2,127All other assets
  • $231,778Total liabilities and capital
  • $206,386Total liabilities
  • $205,447Total deposits
  • $157,359Interest-bearing deposits
  • $205,447Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $939All other liabilities
  • $25,392Total equity capital
  • $25,392Total bank equity capital
  • $25,392Perpetual preferred stock
  • $0Common stock
  • $400Surplus
  • $1,600Undivided profits
  • Memoranda
  • $23,392Noncurrent loans and leases
  • $24,033Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,455Earning assets
  • $0Long-term assets (5+ years)
  • $1,056Average Assets, year-to-date
  • $215,000Average Assets, quarterly
  • $19,129Volatile liabilities
  • $228,870Insider loans
  • $230,498FHLB advances
  • $33,883Loans and leases held for sale
  • $4,031Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $24,033Total unused commitments
  • $0Restructured Loans and leases
  • $1,812Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $11,145Total interest income
  • $2,721Total interest expense
  • $8,424Net interest income
  • $0Provision for loan and lease losses
  • $1,895Total noninterest income
  • $0Fiduciary activities
  • $1,193Service charges on deposit accounts
  • $0Trading account gains & fees
  • $702Additional noninterest income
  • $6,280Total noninterest expense
  • $3,760Salaries and employee benefits
  • $856Premises and equipment expense
  • $1,664Additional noninterest expense
  • $4,039Pre-tax net operating income
  • $2Securities gains (losses)
  • $1,467Applicable income taxes
  • $2,574Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,574Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $15Sale, conversion, retirement of capital stock, net
  • $36Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.31%Yield on earning assets
  • 1.30%Cost of funding earning assets
  • 4.01%Net interest margin
  • 0.90%Noninterest income to earning assets
  • 2.99%Noninterest expense to earning assets
  • 1.12%Net operating income to assets
  • 1.12%Return on assets (ROA)
  • 1.77%Pretax return on assets
  • 10.69%Return on equity (ROE)
  • 10.55%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 269.27%Efficiency ratio
  • 59,376Assets per employee
  • 2.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 1.40%Loss allowance to loans
  • 1.58%Loss allowance to noncurrent loans
  • 77.88%Noncurrent assets plus other real estate owned to assets
  • 1.06%Noncurrent loans to loans
  • 2.03%Net loans and leases to deposits
  • 57.82%Net loans and leases to core deposits
  • 69.24%Equity capital to assets
  • 10.96%Core capital (leverage) ratio
  • 10.56%Tier 1 risk-based capital ratio
  • 16.77%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $228,870Average earning assets
  • $24,068Average equity
  • $210,069Average loans

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