Village Banc of Naples in Naples, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 2000

Village Banc of Naples in Naples, Florida (FL)
Show street view No street view available for this location

Village Banc of Naples - Overview

General
FDIC Certificate #: 34244
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Harris Trust/Bank of Montreal (#91247)
Federal Reserve ID: 2538187
Date Established: April 25, 1997
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 14580
FDIC's unique #: 57003
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: April 25, 1997
Last Structure Change Effective Date: July 01, 2000
Last Structure Change Process Date: November 01, 2000
Last Data Update: November 01, 2000
Data Source Date: April 05, 2012
Location
Address: 4040 Gulf Shore Boulevard North, Naples, FL 34103
County: Collier
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: South Florida
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Naples, FL (#5345)
Core Based Statistical Area (CBSA): Naples-Marco Island, FL (#34940)
CBSA Metro Statistical Area: Naples-Marco Island, FL (#34940)
Financial Summary
Total assets: $91.3 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, 1999)

Dollar figures in thousands
25Total employees (full-time equivalent)
$80,481Total assets
$1,358Cash and due from depository institutions
$40Interest-bearing balances
$15,960Securities
$2,746Federal funds sold & reverse repurchase agreements
$56,930Net loans & leases
$557Loan loss allowance
$0Trading account assets
$2,055Bank premises and fixed assets
$234Other real estate owned
$68Goodwill and other intangibles
$0Life insurance assets
$1,130All other assets
$80,481Total liabilities and capital
$76,215Total liabilities
$72,991Total deposits
$68,138Interest-bearing deposits
$72,991Deposits held in domestic offices
0.00%% insured (estimated)
$3,000Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$224All other liabilities
$4,266Total equity capital
$4,266Total bank equity capital
$4,266Perpetual preferred stock
$0Common stock
$3,118Surplus
$2,034Undivided profits
Memoranda
$-886Noncurrent loans and leases
$20,580Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$199Earning assets
$0Long-term assets (5+ years)
$272Average Assets, year-to-date
$75,676Average Assets, quarterly
$16,557Volatile liabilities
$63,396Insider loans
$75,563FHLB advances
$16,400Loans and leases held for sale
$995Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$20,580Total unused commitments
$59Restructured Loans and leases
$557Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$4,857Total interest income
$2,518Total interest expense
$2,339Net interest income
$312Provision for loan and lease losses
$161Total noninterest income
$0Fiduciary activities
$21Service charges on deposit accounts
$0Trading account gains & fees
$140Additional noninterest income
$2,507Total noninterest expense
$1,186Salaries and employee benefits
$501Premises and equipment expense
$820Additional noninterest expense
-$319Pre-tax net operating income
$3Securities gains (losses)
-$56Applicable income taxes
-$260Income before extraordinary items
$0Extraordinary gains - net
-$260Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.30%Yield on earning assets
4.30%Cost of funding earning assets
4.00%Net interest margin
0.28%Noninterest income to earning assets
4.28%Noninterest expense to earning assets
-0.41%Net operating income to assets
-0.41%Return on assets (ROA)
-0.50%Pretax return on assets
-5.68%Return on equity (ROE)
-5.68%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
99,120Assets per employee
3.22%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.97%Loss allowance to noncurrent loans
279.90%Noncurrent assets plus other real estate owned to assets
0.54%Noncurrent loans to loans
0.35%Net loans and leases to deposits
78.00%Net loans and leases to core deposits
95.53%Equity capital to assets
5.30%Core capital (leverage) ratio
5.82%Tier 1 risk-based capital ratio
8.55%Total risk-based capital ratio
Memoranda
$10Average assets
$63,396Average earning assets
$4,580Average equity
$58,512Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Village Banc of Naples.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.