FDIC Certificate #: 26214 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Regions Bank (#12368) Federal Reserve ID: 274931 Date Established: May 13, 1985 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 9 (Interstate: No) FDIC's unique #: 32545 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 13, 1985 Last Structure Change Effective Date: July 16, 1999 Last Structure Change Process Date: August 11, 1999 Last Data Update: August 11, 1999 Data Source Date: April 05, 2012
Location
Address: 13303 North Dale Mabry, Tampa, FL 33618 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: $207.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
69Total employees (full-time equivalent)
$221,362Total assets
$10,968Cash and due from depository institutions
$0Interest-bearing balances
$84,489Securities
$27,750Federal funds sold & reverse repurchase agreements
$92,536Net loans & leases
$997Loan loss allowance
$0Trading account assets
$3,666Bank premises and fixed assets
$228Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,725All other assets
$221,362Total liabilities and capital
$206,532Total liabilities
$205,377Total deposits
$181,391Interest-bearing deposits
$205,377Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$306Other borrowed funds
$0Subordinated debt
$849All other liabilities
$14,830Total equity capital
$14,830Total bank equity capital
$14,830Perpetual preferred stock
$0Common stock
$2,420Surplus
$4,780Undivided profits
Memoranda
$7,630Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$148Earning assets
$0Long-term assets (5+ years)
$472Average Assets, year-to-date
$204,775Average Assets, quarterly
$88,940Volatile liabilities
$207,065Insider loans
$215,419FHLB advances
$17,386Loans and leases held for sale
$240Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$11,825Total unused commitments
$0Restructured Loans and leases
$118,448Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$15,680Total interest income
$7,767Total interest expense
$7,913Net interest income
$32Provision for loan and lease losses
$1,317Total noninterest income
$0Fiduciary activities
$852Service charges on deposit accounts
$0Trading account gains & fees
$465Additional noninterest income
$6,739Total noninterest expense
$2,997Salaries and employee benefits
$1,298Premises and equipment expense
$2,444Additional noninterest expense
$2,459Pre-tax net operating income
$9Securities gains (losses)
$1,215Applicable income taxes
$1,253Income before extraordinary items
$0Extraordinary gains - net
$1,253Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$35Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.08%Yield on earning assets
4.00%Cost of funding earning assets
4.08%Net interest margin
0.68%Noninterest income to earning assets
3.47%Noninterest expense to earning assets
0.60%Net operating income to assets
0.61%Return on assets (ROA)
1.19%Pretax return on assets
8.69%Return on equity (ROE)
8.69%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
91.43%Credit loss provision to net charge-offs
71.17%Efficiency ratio
73,012Assets per employee
3.21%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.07%Loss allowance to noncurrent loans
673.65%Noncurrent assets plus other real estate owned to assets
0.17%Noncurrent loans to loans
0.16%Net loans and leases to deposits
45.06%Net loans and leases to core deposits
49.22%Equity capital to assets
6.70%Core capital (leverage) ratio
7.04%Tier 1 risk-based capital ratio
12.33%Total risk-based capital ratio
Memoranda
$13Average assets
$207,065Average earning assets
$14,427Average equity
$194,090Average loans
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