The Perkins State Bank in Williston, Florida (FL)



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The Perkins State Bank routing number info

Table of contents:
The Perkins State Bank
GeneralFDIC Certificate #: 134
Status: Active
Federal Reserve ID: 107431
Bank Holding Company (Regulatory Top Holder): Williston Holding Company (RSSDID: 1085947, Location: Williston, FL)
Date Established: August 01, 1913
WWW: http://www.perkinsstatebank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Domestic: 6, Interstate: No)
OTS Docket #: 15957
FDIC's unique #: 102
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 342 East Noble Avenue, Williston, FL 32696
County: Levy
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
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $190.5 mil
Equity capital: $15.1 mil
Deposits held in domestic offices: $169.1 mil
Return on assets (ROA): -0.58% (-$1.1 mil)
Quarterly return on assets: -1.44% (-$2.7 mil)
Return on Equity (ROE): -6.84% (-$1.0 mil)
Quarterly return on equity: -17.53% (-$2.6 mil)
Net income: -$1.1 mil
Quarterly Net income: -$0.7 mil
Pretax return on assets: -0.58% (-$1,104.6 mil)
Quarterly Pretax return on assets: -1.44% (-$2,742.5 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)80
Total assets$190,452
Cash and due from depository institutions$8,106
Interest-bearing balances$3,276
Securities$33,250
Federal funds sold & reverse repurchase agreements$22,500
Net loans & leases$105,849
Loan loss allowance $2,674
Trading account assets$0
Bank premises and fixed assets$6,093
Other real estate owned$8,392
Goodwill and other intangibles$27
All other assets$6,235
Life insurance assets$190,452
Total liabilities and capital$175,318
Total liabilities$169,149
Total deposits$130,072
Interest-bearing deposits$169,149
Deposits held in domestic offices$82
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$6,000
Other borrowed funds $0
Subordinated debt $169
All other liabilities $15,134
Total equity capital$15,134
Total bank equity capital$15,134
Perpetual preferred stock$0
Common stock$242
Surplus$1,280
Undivided profits $13,612
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $6,324
Earning assets $0
Long-term assets (5+ years) $810
Average Assets, year-to-date $164,875
Average Assets, quarterly $60,885
Volatile liabilities $187,449
Insider loans $189,531
FHLB advances $129,471
Loans and leases held for sale $190,811
Unused loan commitments $3,913
Tier 1 (core) risk-based capital $784
Tier 2 risk-based capital $15,384
Total risk weighted assets $0
Total unused commitments $3,129
Restructured Loans and leases $9,133
Derivatives$2,538
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $8,909
Total interest expense $1,211
Net interest income $7,698
Provision for loan and lease losses $2,270
Total noninterest income $2,402
Fiduciary activities $0
Service charges on deposit accounts $1,168
Trading account gains & fees $0
Additional noninterest income $1,234
Total noninterest expense $9,118
Salaries and employee benefits $4,336
Premises and equipment expense $1,303
Additional noninterest expense $3,479
Pre-tax net operating income -$1,288
Securities gains (losses) $207
Applicable income taxes $0
Income before extraordinary items -$1,081
Extraordinary gains - net $0
Net income attributable to bank -$1,081
Net charge-offs $0
Cash dividends -$1,081
Sale, conversion, retirement of capital stock, net $2,794
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.51%
Cost of funding earning assets 0.75%
Net interest margin 4.76%
Noninterest income to earning assets 1.49%
Noninterest expense to earning assets 5.64%
Net operating income to assets -0.69%
Return on assets (ROA) -0.58%
Pretax return on assets -0.58%
Return on equity (ROE) -6.84%
Retained earnings to average equity (YTD only) -6.84%
Net charge-offs to loans 2.39%
Credit loss provision to net charge-offs 81.25%
Efficiency ratio0.35%
Assets per employee$90,277
Cash dividends to net income (YTD only)2.38%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.46%
Noncurrent assets plus other real estate owned to assets 42.28%
Noncurrent loans to loans 7.73%
Net loans and leases to deposits5.83%
Net loans and leases to core deposits 62.58%
Equity capital to assets 67.25%
Core capital (leverage) ratio 7.95%
Tier 1 risk-based capital ratio 8.06%
Total risk-based capital ratio 11.88%
Memoranda
Average assets$13
Average earning assets$187,449
Average equity $15,801
Average loans $161,682
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6 Florida Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0102The Perkins State Bank342 East Noble Avenue, Williston, FL 32696August 01, 1913Full Service Brick and Mortar
2181176Chiefland Branch1710 North Main Street, Chiefland, FL 32626December 01, 1986Full Service Brick and Mortar
3181177Southwest Branch120 Southwest 7th Street, Williston, FL 32696March 28, 1988Limited Service Facility
4181178Inglis Branch345 West Highway 40, Inglis, FL 34449April 08, 1994Full Service Brick and Mortar
5181179Bronson Branch331 E Hathaway Ave, Bronson, FL 32621June 08, 1998Full Service Brick and Mortar
6360863Archer Branch400 Cottonwood Center, Archer, FL 32618October 01, 2000Full Service Brick and Mortar
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