Ameribank in Clearwater, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 15, 1993

  • Ameribank in Clearwater, Florida (FL)
  • Show street view No street view available for this location

Ameribank - Overview

  • General
  • FDIC Certificate #: 21824
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: SouthTrust Bank of Florida, National Association (#21679)
    Federal Reserve ID: 409032
    Date Established: November 14, 1974
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 15118
    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: November 14, 1974
    Last Structure Change Effective Date: December 15, 1993
    Last Structure Change Process Date: December 30, 1993
    Last Data Update: December 30, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 1551 South Belcher Road, Clearwater, FL 33518
    County: Pinellas
    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)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $55.6 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $34Total assets
  • $56,002Cash and due from depository institutions
  • $3,924Interest-bearing balances
  • $197Securities
  • $17,620Federal funds sold & reverse repurchase agreements
  • $2,900Net loans & leases
  • $28,256Loan loss allowance
  • $509Trading account assets
  • $0Bank premises and fixed assets
  • $1,054Other real estate owned
  • $1,585Goodwill and other intangibles
  • $663Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $56,002Total liabilities
  • $51,334Total deposits
  • $51,185Interest-bearing deposits
  • $41,008Deposits held in domestic offices
  • 51185.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $149Total equity capital
  • $149Total bank equity capital
  • $4,668Perpetual preferred stock
  • $0Common stock
  • $1,400Surplus
  • $1,400Undivided profits
  • Memoranda
  • $1,868Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $122Income earned, not collected on loans
  • $152Earning assets
  • $48,973Long-term assets (5+ years)
  • $1,197Average Assets, year-to-date
  • $54,720Average Assets, quarterly
  • $54,489Volatile liabilities
  • $3,280Insider loans
  • $52FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,327Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,668Total risk weighted assets
  • $31,229Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,708Total interest expense
  • $1,415Net interest income
  • $2,293Provision for loan and lease losses
  • $63Total noninterest income
  • $593Fiduciary activities
  • $0Service charges on deposit accounts
  • $451Trading account gains & fees
  • $0Additional noninterest income
  • $142Total noninterest expense
  • $2,301Salaries and employee benefits
  • $990Premises and equipment expense
  • $333Additional noninterest expense
  • $978Pre-tax net operating income
  • $522Securities gains (losses)
  • $453Applicable income taxes
  • $370Income before extraordinary items
  • $605Extraordinary gains - net
  • $0Net income attributable to bank
  • $605Net charge-offs
  • $102Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.85%Cost of funding earning assets
  • 3.00%Net interest margin
  • 4.85%Noninterest income to earning assets
  • 1.26%Noninterest expense to earning assets
  • 4.87%Net operating income to assets
  • 0.58%Return on assets (ROA)
  • 1.11%Pretax return on assets
  • 1.78%Return on equity (ROE)
  • 13.91%Retained earnings to average equity (YTD only)
  • 13.91%Net charge-offs to loans
  • 0.37%Credit loss provision to net charge-offs
  • 61.76%Efficiency ratio
  • 79,730Assets per employee
  • 1.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.77%Loss allowance to noncurrent loans
  • 417.21%Noncurrent assets plus other real estate owned to assets
  • 3.05%Noncurrent loans to loans
  • 0.42%Net loans and leases to deposits
  • 55.20%Net loans and leases to core deposits
  • 58.98%Equity capital to assets
  • 8.34%Core capital (leverage) ratio
  • 8.53%Tier 1 risk-based capital ratio
  • 14.95%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $54,720Average earning assets
  • $4,350Average equity
  • $47,231Average loans

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