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

This bank is inactive as of January 23, 1996

  • The Huntington National Bank of Lakeland in Lakeland, Florida (FL)
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The Huntington National Bank of Lakeland - Overview

  • General
  • FDIC Certificate #: 130
    Status: Inactive
    Closing history: Name Change
    Acquiring institution: The Huntington National Bank of Florida (#26830)
    Federal Reserve ID: 220938
    Date Established: Febuary 19, 1931
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 11 (Interstate: No)
    FDIC's unique #: 98
    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: January 23, 1996
    Last Structure Change Process Date: March 22, 1996
    Last Data Update: March 22, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 115 South Missouri Avenue, Lakeland, FL 33802
    County: Polk
    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): Lakeland-Winter Haven, FL (#3980)
    Core Based Statistical Area (CBSA): Lakeland-Winter Haven, FL (#29460)
    CBSA Metro Statistical Area: Lakeland-Winter Haven, FL (#29460)
  • History of Changes
  • Merger - Without Assistance
    Participated in Reorganization
    Institution Becomes a Member of FRS (Federal Reserve System)
    Name Change
  • Financial Summary
  • Total assets: $530.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $295Total assets
  • $530,239Cash and due from depository institutions
  • $39,634Interest-bearing balances
  • $200Securities
  • $350,323Federal funds sold & reverse repurchase agreements
  • $7,400Net loans & leases
  • $114,640Loan loss allowance
  • $2,000Trading account assets
  • $0Bank premises and fixed assets
  • $10,974Other real estate owned
  • $904Goodwill and other intangibles
  • $6,364Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $530,239Total liabilities
  • $450,450Total deposits
  • $432,233Interest-bearing deposits
  • $340,759Deposits held in domestic offices
  • 432233.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $12,427Trading liabilities
  • $0Other borrowed funds
  • $1,615Subordinated debt
  • $0All other liabilities
  • $4,175Total equity capital
  • $4,175Total bank equity capital
  • $79,789Perpetual preferred stock
  • $0Common stock
  • $3,000Surplus
  • $7,000Undivided profits
  • Memoranda
  • $69,789Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,544Income earned, not collected on loans
  • $1,086Earning assets
  • $472,563Long-term assets (5+ years)
  • $61,797Average Assets, year-to-date
  • $535,890Average Assets, quarterly
  • $526,792Volatile liabilities
  • $50,096Insider loans
  • $145FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $18,785Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $82,149Total risk weighted assets
  • $204,087Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $34,663Total interest expense
  • $13,724Net interest income
  • $20,939Provision for loan and lease losses
  • $83Total noninterest income
  • $4,802Fiduciary activities
  • $840Service charges on deposit accounts
  • $2,964Trading account gains & fees
  • $0Additional noninterest income
  • $998Total noninterest expense
  • $13,444Salaries and employee benefits
  • $6,927Premises and equipment expense
  • $2,580Additional noninterest expense
  • $3,937Pre-tax net operating income
  • $12,214Securities gains (losses)
  • $67Applicable income taxes
  • $4,292Income before extraordinary items
  • $7,989Extraordinary gains - net
  • $0Net income attributable to bank
  • $7,989Net charge-offs
  • $583Cash dividends
  • $3,300Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.28%Cost of funding earning assets
  • 2.88%Net interest margin
  • 4.40%Noninterest income to earning assets
  • 1.01%Noninterest expense to earning assets
  • 2.83%Net operating income to assets
  • 1.48%Return on assets (ROA)
  • 1.49%Pretax return on assets
  • 2.29%Return on equity (ROE)
  • 10.59%Retained earnings to average equity (YTD only)
  • 6.22%Net charge-offs to loans
  • 0.51%Credit loss provision to net charge-offs
  • 14.24%Efficiency ratio
  • 52,228Assets per employee
  • 1.80%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 41.31%Loss allowance to loans
  • 1.71%Loss allowance to noncurrent loans
  • 129.53%Noncurrent assets plus other real estate owned to assets
  • 0.46%Noncurrent loans to loans
  • 1.32%Net loans and leases to deposits
  • 26.52%Net loans and leases to core deposits
  • 28.94%Equity capital to assets
  • 15.05%Core capital (leverage) ratio
  • 15.78%Tier 1 risk-based capital ratio
  • 40.25%Total risk-based capital ratio
  • Memoranda
  • $41Average assets
  • $535,890Average earning assets
  • $75,438Average equity
  • $475,863Average loans

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