Barnett Bank of Manatee County, National Association in Manatee County, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 29, 1996

  • Barnett Bank of Manatee County, National Association in Manatee County, Florida (FL)
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Barnett Bank of Manatee County, National Association - Overview

  • General
  • FDIC Certificate #: 19111
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Barnett Bank, National Association (#3566)
    Federal Reserve ID: 615730
    Date Established: May 11, 1964
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 15 (Interstate: No)
    FDIC's unique #: 12943
    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: May 11, 1964
    Last Structure Change Effective Date: June 29, 1996
    Last Structure Change Process Date: July 11, 1996
    Last Data Update: July 11, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 4311 Manatee Avenue West, Manatee County, FL 33506
    County: Manatee
    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): Sarasota-Bradenton, FL (#7510)
    Combined Statistical Area (CSA): Sarasota-Bradenton-Punta Gorda, FL (#494)
    Core Based Statistical Area (CBSA): North Port-Bradenton-Sarasota, FL (#35840)
    CBSA Metro Statistical Area: North Port-Bradenton-Sarasota, FL (#35840)
  • Financial Summary
  • Total assets: $872.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $240Total assets
  • $906,859Cash and due from depository institutions
  • $38,147Interest-bearing balances
  • $0Securities
  • $103,009Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $733,820Loan loss allowance
  • $7,254Trading account assets
  • $0Bank premises and fixed assets
  • $10,455Other real estate owned
  • $1,776Goodwill and other intangibles
  • $15,935Life insurance assets
  • $3,717All other assets
  • $0Total liabilities and capital
  • $906,859Total liabilities
  • $840,517Total deposits
  • $808,439Interest-bearing deposits
  • $712,080Deposits held in domestic offices
  • 808439.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $25,478Trading liabilities
  • $0Other borrowed funds
  • $1,498Subordinated debt
  • $0All other liabilities
  • $5,102Total equity capital
  • $5,102Total bank equity capital
  • $66,342Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $23,289Undivided profits
  • Memoranda
  • $42,053Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,802Income earned, not collected on loans
  • $4,907Earning assets
  • $836,829Long-term assets (5+ years)
  • $161,443Average Assets, year-to-date
  • $937,580Average Assets, quarterly
  • $913,455Volatile liabilities
  • $53,936Insider loans
  • $5,482FHLB advances
  • $0Loans and leases held for sale
  • $3,417Unused loan commitments
  • $288,602Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $62,188Total risk weighted assets
  • $592,533Total unused commitments
  • $0Restructured Loans and leases
  • $70,000Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $70,597Total interest expense
  • $28,519Net interest income
  • $42,078Provision for loan and lease losses
  • $1,599Total noninterest income
  • $9,019Fiduciary activities
  • $0Service charges on deposit accounts
  • $4,528Trading account gains & fees
  • $318Additional noninterest income
  • $4,173Total noninterest expense
  • $28,553Salaries and employee benefits
  • $8,160Premises and equipment expense
  • $4,211Additional noninterest expense
  • $16,182Pre-tax net operating income
  • $20,945Securities gains (losses)
  • $0Applicable income taxes
  • $7,521Income before extraordinary items
  • $13,424Extraordinary gains - net
  • $0Net income attributable to bank
  • $13,424Net charge-offs
  • $1,901Cash dividends
  • $9,000Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.16%Cost of funding earning assets
  • 3.30%Net interest margin
  • 4.86%Noninterest income to earning assets
  • 1.04%Noninterest expense to earning assets
  • 3.30%Net operating income to assets
  • 1.43%Return on assets (ROA)
  • 1.43%Pretax return on assets
  • 2.23%Return on equity (ROE)
  • 21.06%Retained earnings to average equity (YTD only)
  • 6.94%Net charge-offs to loans
  • 0.26%Credit loss provision to net charge-offs
  • 84.11%Efficiency ratio
  • 55,361Assets per employee
  • 3.78%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 67.04%Loss allowance to loans
  • 0.98%Loss allowance to noncurrent loans
  • 190.79%Noncurrent assets plus other real estate owned to assets
  • 0.62%Noncurrent loans to loans
  • 0.51%Net loans and leases to deposits
  • 90.77%Net loans and leases to core deposits
  • 93.96%Equity capital to assets
  • 7.32%Core capital (leverage) ratio
  • 6.83%Tier 1 risk-based capital ratio
  • 10.50%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $937,580Average earning assets
  • $63,741Average equity
  • $865,008Average loans

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