The Hillsboro Sun Bank in Plant City, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 06, 1993

  • The Hillsboro Sun Bank in Plant City, Florida (FL)
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The Hillsboro Sun Bank - Overview

  • General
  • FDIC Certificate #: 9624
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SunTrust Bank, Tampa Bay (#132)
    Federal Reserve ID: 25236
    Date Established: October 01, 1902
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 6151
    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: January 01, 1934
    Last Structure Change Effective Date: August 06, 1993
    Last Structure Change Process Date: August 26, 1993
    Last Data Update: August 26, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 202 West Reynolds Street, Plant City, FL 33566
    County: Hillsborough
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Tampa
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Tampa-St. Petersburg-Clearwater, FL (#8280)
    Core Based Statistical Area (CBSA): Tampa-St. Petersburg-Clearwater, FL (#45300)
    CBSA Metro Statistical Area: Tampa-St. Petersburg-Clearwater, FL (#45300)
  • Financial Summary
  • Total assets: $186.5 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $88Total assets
  • $181,191Cash and due from depository institutions
  • $6,549Interest-bearing balances
  • $0Securities
  • $48,639Federal funds sold & reverse repurchase agreements
  • $2,700Net loans & leases
  • $115,714Loan loss allowance
  • $2,641Trading account assets
  • $0Bank premises and fixed assets
  • $2,128Other real estate owned
  • $1,974Goodwill and other intangibles
  • $3,487Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $181,191Total liabilities
  • $165,947Total deposits
  • $160,003Interest-bearing deposits
  • $124,871Deposits held in domestic offices
  • 160003.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $4,465Trading liabilities
  • $0Other borrowed funds
  • $441Subordinated debt
  • $0All other liabilities
  • $1,038Total equity capital
  • $1,038Total bank equity capital
  • $15,244Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $4,611Undivided profits
  • Memoranda
  • $8,633Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,833Income earned, not collected on loans
  • $809Earning assets
  • $167,053Long-term assets (5+ years)
  • $11,373Average Assets, year-to-date
  • $188,031Average Assets, quarterly
  • $181,873Volatile liabilities
  • $17,475Insider loans
  • $75FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $10,831Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $15,244Total risk weighted assets
  • $114,018Total unused commitments
  • $0Restructured Loans and leases
  • $900Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $14,761Total interest expense
  • $5,324Net interest income
  • $9,437Provision for loan and lease losses
  • $1,096Total noninterest income
  • $1,701Fiduciary activities
  • $25Service charges on deposit accounts
  • $1,128Trading account gains & fees
  • $0Additional noninterest income
  • $548Total noninterest expense
  • $6,138Salaries and employee benefits
  • $2,481Premises and equipment expense
  • $533Additional noninterest expense
  • $3,124Pre-tax net operating income
  • $3,904Securities gains (losses)
  • $0Applicable income taxes
  • $1,201Income before extraordinary items
  • $2,703Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,703Net charge-offs
  • $523Cash dividends
  • $2,100Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.50%Cost of funding earning assets
  • 3.07%Net interest margin
  • 5.43%Noninterest income to earning assets
  • 0.98%Noninterest expense to earning assets
  • 3.53%Net operating income to assets
  • 1.44%Return on assets (ROA)
  • 1.44%Pretax return on assets
  • 2.08%Return on equity (ROE)
  • 18.11%Retained earnings to average equity (YTD only)
  • 4.04%Net charge-offs to loans
  • 0.43%Credit loss provision to net charge-offs
  • 209.56%Efficiency ratio
  • 55,109Assets per employee
  • 2.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 77.69%Loss allowance to loans
  • 2.23%Loss allowance to noncurrent loans
  • 144.08%Noncurrent assets plus other real estate owned to assets
  • 2.10%Noncurrent loans to loans
  • 1.55%Net loans and leases to deposits
  • 72.32%Net loans and leases to core deposits
  • 78.49%Equity capital to assets
  • 8.41%Core capital (leverage) ratio
  • 8.39%Tier 1 risk-based capital ratio
  • 13.37%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $188,031Average earning assets
  • $14,926Average equity
  • $173,703Average loans

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