Whitney National Bank of Florida in Pensacola, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1998

  • Whitney National Bank of Florida in Pensacola, Florida (FL)
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Whitney National Bank of Florida - Overview

  • General
  • FDIC Certificate #: 34297
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Whitney National Bank (#18538)
    Federal Reserve ID: 2489159
    Date Established: October 26, 1996
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 57056
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: October 26, 1996
    Last Structure Change Effective Date: January 01, 1998
    Last Structure Change Process Date: January 22, 1998
    Last Data Update: October 19, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 West Garden Street, Pensacola, FL 32501
    County: Escambia
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Pensacola
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Pensacola, FL (#6080)
    Core Based Statistical Area (CBSA): Pensacola-Ferry Pass-Brent, FL (#37860)
    CBSA Metro Statistical Area: Pensacola-Ferry Pass-Brent, FL (#37860)
  • Financial Summary
  • Total assets: $110.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 47Total employees (full-time equivalent)
  • $110,118Total assets
  • $5,448Cash and due from depository institutions
  • $201Interest-bearing balances
  • $21,854Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $75,333Net loans & leases
  • $1,128Loan loss allowance
  • $0Trading account assets
  • $6,148Bank premises and fixed assets
  • $281Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,054All other assets
  • $110,118Total liabilities and capital
  • $83,430Total liabilities
  • $76,276Total deposits
  • $60,555Interest-bearing deposits
  • $76,276Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $6,500Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $654All other liabilities
  • $26,688Total equity capital
  • $26,688Total bank equity capital
  • $26,688Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $22,952Undivided profits
  • Memoranda
  • $3,536Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $500Earning assets
  • $0Long-term assets (5+ years)
  • $488Average Assets, year-to-date
  • $97,388Average Assets, quarterly
  • $25,363Volatile liabilities
  • $112,398Insider loans
  • $109,824FHLB advances
  • $18,920Loans and leases held for sale
  • $5Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $11,165Total unused commitments
  • $0Restructured Loans and leases
  • $84,569Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $8,663Total interest income
  • $3,162Total interest expense
  • $5,501Net interest income
  • $0Provision for loan and lease losses
  • $733Total noninterest income
  • $0Fiduciary activities
  • $577Service charges on deposit accounts
  • $0Trading account gains & fees
  • $156Additional noninterest income
  • $4,077Total noninterest expense
  • $1,823Salaries and employee benefits
  • $633Premises and equipment expense
  • $1,621Additional noninterest expense
  • $2,157Pre-tax net operating income
  • $0Securities gains (losses)
  • $796Applicable income taxes
  • $1,361Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,361Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $127Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.76%Yield on earning assets
  • 3.20%Cost of funding earning assets
  • 5.56%Net interest margin
  • 0.74%Noninterest income to earning assets
  • 4.12%Noninterest expense to earning assets
  • 1.21%Net operating income to assets
  • 1.21%Return on assets (ROA)
  • 1.92%Pretax return on assets
  • 5.28%Return on equity (ROE)
  • 5.28%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 16.98%Efficiency ratio
  • 65,399Assets per employee
  • 2.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.48%Loss allowance to noncurrent loans
  • 225.60%Noncurrent assets plus other real estate owned to assets
  • 0.71%Noncurrent loans to loans
  • 0.65%Net loans and leases to deposits
  • 98.76%Net loans and leases to core deposits
  • 117.97%Equity capital to assets
  • 24.24%Core capital (leverage) ratio
  • 24.69%Tier 1 risk-based capital ratio
  • 31.57%Total risk-based capital ratio
  • Memoranda
  • $33Average assets
  • $112,398Average earning assets
  • $25,793Average equity
  • $98,887Average loans

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