1st Performance National Bank in Jacksonville, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 27, 1994

  • 1st Performance National Bank in Jacksonville, Florida (FL)
  • Show street view No street view available for this location

1st Performance National Bank - Overview

  • General
  • FDIC Certificate #: 22419
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Compass Bank (#30514)
    Federal Reserve ID: 332233
    Date Established: Febuary 18, 1977
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 16 (Interstate: No)
    FDIC's unique #: 15618
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: Febuary 18, 1977
    Last Structure Change Effective Date: January 27, 1994
    Last Structure Change Process Date: Febuary 10, 1994
    Last Data Update: Febuary 10, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 76 South Laura Street, Jacksonville, FL 32201
    County: Duval
    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): Jacksonville, FL (#3600)
    Core Based Statistical Area (CBSA): Jacksonville, FL (#27260)
    CBSA Metro Statistical Area: Jacksonville, FL (#27260)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $278.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $159Total assets
  • $278,641Cash and due from depository institutions
  • $12,757Interest-bearing balances
  • $0Securities
  • $698Federal funds sold & reverse repurchase agreements
  • $127,100Net loans & leases
  • $70,749Loan loss allowance
  • $527Trading account assets
  • $49,863Bank premises and fixed assets
  • $10,753Other real estate owned
  • $0Goodwill and other intangibles
  • $1,125Life insurance assets
  • $5,596All other assets
  • $0Total liabilities and capital
  • $278,641Total liabilities
  • $253,855Total deposits
  • $242,622Interest-bearing deposits
  • $207,952Deposits held in domestic offices
  • 242622.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $9,525Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,708Total equity capital
  • $1,708Total bank equity capital
  • $24,786Perpetual preferred stock
  • $0Common stock
  • $1,311Surplus
  • $21,939Undivided profits
  • Memoranda
  • $1,536Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $192Income earned, not collected on loans
  • $401Earning assets
  • $248,410Long-term assets (5+ years)
  • $12,687Average Assets, year-to-date
  • $272,478Average Assets, quarterly
  • $274,451Volatile liabilities
  • $34,750Insider loans
  • $745FHLB advances
  • $0Loans and leases held for sale
  • $1,073Unused loan commitments
  • $14,497Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $19,190Total risk weighted assets
  • $103,859Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $16,018Total interest expense
  • $6,886Net interest income
  • $9,132Provision for loan and lease losses
  • $2,236Total noninterest income
  • $3,699Fiduciary activities
  • $0Service charges on deposit accounts
  • $2,552Trading account gains & fees
  • $60Additional noninterest income
  • $1,087Total noninterest expense
  • $11,140Salaries and employee benefits
  • $4,538Premises and equipment expense
  • $1,744Additional noninterest expense
  • $4,858Pre-tax net operating income
  • -$545Securities gains (losses)
  • $404Applicable income taxes
  • -$51Income before extraordinary items
  • -$90Extraordinary gains - net
  • $341Net income attributable to bank
  • $251Net charge-offs
  • $3,202Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.66%Cost of funding earning assets
  • 2.86%Net interest margin
  • 3.80%Noninterest income to earning assets
  • 1.54%Noninterest expense to earning assets
  • 4.63%Net operating income to assets
  • -0.13%Return on assets (ROA)
  • 0.09%Pretax return on assets
  • 0.07%Return on equity (ROE)
  • 1.01%Retained earnings to average equity (YTD only)
  • 1.01%Net charge-offs to loans
  • 2.33%Credit loss provision to net charge-offs
  • 69.83%Efficiency ratio
  • 79,822Assets per employee
  • 1.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.74%Loss allowance to noncurrent loans
  • 274.48%Noncurrent assets plus other real estate owned to assets
  • 0.07%Noncurrent loans to loans
  • 0.27%Net loans and leases to deposits
  • 29.16%Net loans and leases to core deposits
  • 32.54%Equity capital to assets
  • 8.90%Core capital (leverage) ratio
  • 7.20%Tier 1 risk-based capital ratio
  • 18.48%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $272,478Average earning assets
  • $24,932Average equity
  • $240,579Average loans

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