Barnett Bank of Northwest Florida in Fort Walton Beach, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 29, 1996

  • Barnett Bank of Northwest Florida in Fort Walton Beach, Florida (FL)
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Barnett Bank of Northwest Florida - Overview

  • General
  • FDIC Certificate #: 5660
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Barnett Bank, National Association (#3566)
    Federal Reserve ID: 906531
    Date Established: January 01, 1913
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 7 (Interstate: No)
    FDIC's unique #: 3849
    Numeric code: 13
    Regulator: FED
    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: January 01, 1934
    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: 189 North Elgin Parkway, Fort Walton Beach, FL 32549
    County: Okaloosa
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Pensacola
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Fort Walton Beach, FL (#2750)
    Core Based Statistical Area (CBSA): Crestview-Fort Walton Beach-Destin, FL (#18880)
    CBSA Metro Statistical Area: Crestview-Fort Walton Beach-Destin, FL (#18880)
  • Financial Summary
  • Total assets: $300.7 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)
  • $99Total assets
  • $285,770Cash and due from depository institutions
  • $12,753Interest-bearing balances
  • $0Securities
  • $28,012Federal funds sold & reverse repurchase agreements
  • $1,000Net loans & leases
  • $235,604Loan loss allowance
  • $2,358Trading account assets
  • $0Bank premises and fixed assets
  • $3,924Other real estate owned
  • $289Goodwill and other intangibles
  • $4,188Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $285,770Total liabilities
  • $263,531Total deposits
  • $246,473Interest-bearing deposits
  • $201,795Deposits held in domestic offices
  • 246473.00%% insured (estimated)
  • $85Federal funds purchased & repurchase agreements
  • $15,127Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,931Total equity capital
  • $1,931Total bank equity capital
  • $22,239Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $5,832Undivided profits
  • Memoranda
  • $15,407Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $473Income earned, not collected on loans
  • $1,409Earning assets
  • $264,616Long-term assets (5+ years)
  • $81,909Average Assets, year-to-date
  • $267,134Average Assets, quarterly
  • $284,394Volatile liabilities
  • $35,709Insider loans
  • $2,484FHLB advances
  • $0Loans and leases held for sale
  • $3,703Unused loan commitments
  • $67,582Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $22,224Total risk weighted assets
  • $224,007Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $21,143Total interest expense
  • $7,701Net interest income
  • $13,442Provision for loan and lease losses
  • $1,347Total noninterest income
  • $3,223Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,342Trading account gains & fees
  • $1Additional noninterest income
  • $1,880Total noninterest expense
  • $10,376Salaries and employee benefits
  • $3,226Premises and equipment expense
  • $1,057Additional noninterest expense
  • $6,093Pre-tax net operating income
  • $4,942Securities gains (losses)
  • $0Applicable income taxes
  • $1,764Income before extraordinary items
  • $3,178Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,178Net charge-offs
  • $947Cash dividends
  • $0Sale, 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
  • 8.58%Cost of funding earning assets
  • 3.12%Net interest margin
  • 5.45%Noninterest income to earning assets
  • 1.31%Noninterest expense to earning assets
  • 4.21%Net operating income to assets
  • 1.19%Return on assets (ROA)
  • 1.19%Pretax return on assets
  • 1.85%Return on equity (ROE)
  • 15.62%Retained earnings to average equity (YTD only)
  • 15.62%Net charge-offs to loans
  • 0.43%Credit loss provision to net charge-offs
  • 142.24%Efficiency ratio
  • 62,262Assets per employee
  • 2.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.99%Loss allowance to noncurrent loans
  • 498.52%Noncurrent assets plus other real estate owned to assets
  • 0.27%Noncurrent loans to loans
  • 0.20%Net loans and leases to deposits
  • 95.59%Net loans and leases to core deposits
  • 104.30%Equity capital to assets
  • 7.78%Core capital (leverage) ratio
  • 7.76%Tier 1 risk-based capital ratio
  • 9.92%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $267,134Average earning assets
  • $20,350Average equity
  • $246,543Average loans

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