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- Banks in Florida (FL)
- Tomoka State Bank
Tomoka State Bank in Ormond Beach, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of January 03, 1997
- Tomoka State Bank in Ormond Beach, Florida (FL)
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Tomoka State Bank - Overview
- General
- FDIC Certificate #: 32942
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Colonial Bank (#27325)
Federal Reserve ID: 1448168
Date Established: May 04, 1990
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
FDIC's unique #: 46118
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 04, 1990
Last Structure Change Effective Date: January 03, 1997
Last Structure Change Process Date: January 22, 1997
Last Data Update: January 22, 1997
Data Source Date: April 05, 2012 - Location
- Address: 201 South Nova Road, Ormond Beach, FL 32074
County: Volusia
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
Metropolitan Statistical Area (MSA): Daytona Beach, FL (#2020)
Combined Statistical Area (CSA): Orlando-Deltona-Daytona Beach, FL (#422)
Core Based Statistical Area (CBSA): Deltona-Daytona Beach-Ormond Beach, FL (#19660)
CBSA Metro Statistical Area: Deltona-Daytona Beach-Ormond Beach, FL (#19660) - Financial Summary
- Total assets: $76.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1996)
- Dollar figures in thousands
- 0Total employees (full-time equivalent)
- $35Total assets
- $76,391Cash and due from depository institutions
- $7,584Interest-bearing balances
- $0Securities
- $13,015Federal funds sold & reverse repurchase agreements
- $2,300Net loans & leases
- $50,910Loan loss allowance
- $601Trading account assets
- $0Bank premises and fixed assets
- $1,828Other real estate owned
- $0Goodwill and other intangibles
- $751Life insurance assets
- $3All other assets
- $0Total liabilities and capital
- $76,391Total liabilities
- $70,088Total deposits
- $68,188Interest-bearing deposits
- $54,398Deposits held in domestic offices
- 68188.00%% insured (estimated)
- $87Federal funds purchased & repurchase agreements
- $1,533Trading liabilities
- $0Other borrowed funds
- $0Subordinated debt
- $0All other liabilities
- $367Total equity capital
- $367Total bank equity capital
- $6,303Perpetual preferred stock
- $0Common stock
- $2,025Surplus
- $1,215Undivided profits
- Memoranda
- $3,063Noncurrent loans and leases
- $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $639Income earned, not collected on loans
- $354Earning assets
- $66,225Long-term assets (5+ years)
- $7,039Average Assets, year-to-date
- $70,356Average Assets, quarterly
- $73,926Volatile liabilities
- $5,295Insider loans
- $2,013FHLB advances
- $0Loans and leases held for sale
- $0Unused loan commitments
- $7,436Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $6,323Total risk weighted assets
- $58,064Total unused commitments
- $0Restructured Loans and leases
- $0Derivatives
Income and Expense (December 31, 1996)
- Dollar figures in thousands
- $0Total interest income
- $5,526Total interest expense
- $2,193Net interest income
- $3,333Provision for loan and lease losses
- $280Total noninterest income
- $572Fiduciary activities
- $0Service charges on deposit accounts
- $313Trading account gains & fees
- $0Additional noninterest income
- $259Total noninterest expense
- $2,197Salaries and employee benefits
- $1,110Premises and equipment expense
- $308Additional noninterest expense
- $779Pre-tax net operating income
- $1,428Securities gains (losses)
- $16Applicable income taxes
- $498Income before extraordinary items
- $946Extraordinary gains - net
- $0Net income attributable to bank
- $946Net charge-offs
- $66Cash dividends
- $80Sale, 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
- 8.82%Cost of funding earning assets
- 3.50%Net interest margin
- 5.32%Noninterest income to earning assets
- 0.91%Noninterest expense to earning assets
- 3.51%Net operating income to assets
- 1.33%Return on assets (ROA)
- 1.34%Pretax return on assets
- 2.05%Return on equity (ROE)
- 16.13%Retained earnings to average equity (YTD only)
- 14.76%Net charge-offs to loans
- 0.14%Credit loss provision to net charge-offs
- 424.24%Efficiency ratio
- 56,056Assets per employee
- 2.18%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 8.46%Loss allowance to loans
- 1.17%Loss allowance to noncurrent loans
- 94.05%Noncurrent assets plus other real estate owned to assets
- 0.84%Noncurrent loans to loans
- 1.24%Net loans and leases to deposits
- 74.66%Net loans and leases to core deposits
- 79.02%Equity capital to assets
- 8.25%Core capital (leverage) ratio
- 8.29%Tier 1 risk-based capital ratio
- 10.89%Total risk-based capital ratio
- Memoranda
- $12Average assets
- $70,356Average earning assets
- $5,866Average equity
- $62,652Average loans
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- Banks in Florida (FL)
- Tomoka State Bank
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