The Village Bank of Florida in Tampa, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 16, 1999

  • The Village Bank of Florida in Tampa, Florida (FL)
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The Village Bank of Florida - Overview

  • General
  • 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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