The Key Bank of Florida in Hillsborough County, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 10, 1997

  • The Key Bank of Florida in Hillsborough County, Florida (FL)
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The Key Bank of Florida - Overview

  • General
  • FDIC Certificate #: 21568
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank of Florida (#18114)
    Federal Reserve ID: 738134
    Date Established: May 07, 1974
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 14920
    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: May 07, 1974
    Last Structure Change Effective Date: July 10, 1997
    Last Structure Change Process Date: October 07, 1997
    Last Data Update: October 07, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 3601 West Waters Avenue, Hillsborough County, FL 33684
    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: $87.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $29Total assets
  • $82,955Cash and due from depository institutions
  • $1,758Interest-bearing balances
  • $0Securities
  • $16,368Federal funds sold & reverse repurchase agreements
  • $2,700Net loans & leases
  • $57,883Loan loss allowance
  • $1,543Trading account assets
  • $0Bank premises and fixed assets
  • $1,225Other real estate owned
  • $1,192Goodwill and other intangibles
  • $1,829Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $82,955Total liabilities
  • $74,207Total deposits
  • $73,872Interest-bearing deposits
  • $61,159Deposits held in domestic offices
  • 73872.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $335Total equity capital
  • $335Total bank equity capital
  • $8,748Perpetual preferred stock
  • $0Common stock
  • $1,089Surplus
  • $5,357Undivided profits
  • Memoranda
  • $2,302Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $476Income earned, not collected on loans
  • $342Earning assets
  • $76,951Long-term assets (5+ years)
  • $4,293Average Assets, year-to-date
  • $84,960Average Assets, quarterly
  • $84,723Volatile liabilities
  • $16,237Insider loans
  • $544FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $12,278Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $8,531Total risk weighted assets
  • $61,826Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,081Total interest expense
  • $3,373Net interest income
  • $3,708Provision for loan and lease losses
  • -$9Total noninterest income
  • $402Fiduciary activities
  • $0Service charges on deposit accounts
  • $263Trading account gains & fees
  • $0Additional noninterest income
  • $139Total noninterest expense
  • $1,764Salaries and employee benefits
  • $1,158Premises and equipment expense
  • $194Additional noninterest expense
  • $412Pre-tax net operating income
  • $2,355Securities gains (losses)
  • $0Applicable income taxes
  • $906Income before extraordinary items
  • $1,449Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,449Net charge-offs
  • $312Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.11%Cost of funding earning assets
  • 4.34%Net interest margin
  • 4.77%Noninterest income to earning assets
  • 0.52%Noninterest expense to earning assets
  • 2.27%Net operating income to assets
  • 1.71%Return on assets (ROA)
  • 1.71%Pretax return on assets
  • 2.77%Return on equity (ROE)
  • 18.16%Retained earnings to average equity (YTD only)
  • 18.16%Net charge-offs to loans
  • 0.56%Credit loss provision to net charge-offs
  • -2.88%Efficiency ratio
  • 42,920Assets per employee
  • 2.86%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.60%Loss allowance to noncurrent loans
  • 324.16%Noncurrent assets plus other real estate owned to assets
  • 2.01%Noncurrent loans to loans
  • 0.80%Net loans and leases to deposits
  • 78.36%Net loans and leases to core deposits
  • 100.43%Equity capital to assets
  • 10.55%Core capital (leverage) ratio
  • 10.62%Tier 1 risk-based capital ratio
  • 13.80%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $84,960Average earning assets
  • $7,978Average equity
  • $77,761Average loans

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