Barnett Bank of West Florida in Pensacola, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 29, 1996

  • Barnett Bank of West Florida in Pensacola, Florida (FL)
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Barnett Bank of West Florida - Overview

  • General
  • FDIC Certificate #: 144
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Barnett Bank, National Association (#3566)
    Federal Reserve ID: 457136
    Date Established: July 03, 1914
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 19 (Interstate: No)
    FDIC's unique #: 111
    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: 100 West Garden Street, Pensacola, FL 32502
    County: Escambia
    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): Pensacola, FL (#6080)
    Core Based Statistical Area (CBSA): Pensacola-Ferry Pass-Brent, FL (#37860)
    CBSA Metro Statistical Area: Pensacola-Ferry Pass-Brent, FL (#37860)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $792.0 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)
  • $221Total assets
  • $767,366Cash and due from depository institutions
  • $25,434Interest-bearing balances
  • $0Securities
  • $92,537Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $597,459Loan loss allowance
  • $10,415Trading account assets
  • $0Bank premises and fixed assets
  • $14,703Other real estate owned
  • $800Goodwill and other intangibles
  • $8,764Life insurance assets
  • $27,669All other assets
  • $0Total liabilities and capital
  • $767,366Total liabilities
  • $670,854Total deposits
  • $609,709Interest-bearing deposits
  • $473,890Deposits held in domestic offices
  • 609709.00%% insured (estimated)
  • $86Federal funds purchased & repurchase agreements
  • $54,040Trading liabilities
  • $0Other borrowed funds
  • $1,340Subordinated debt
  • $0All other liabilities
  • $5,765Total equity capital
  • $5,765Total bank equity capital
  • $96,512Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $72,300Undivided profits
  • Memoranda
  • $23,212Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,491Income earned, not collected on loans
  • $3,309Earning assets
  • $689,996Long-term assets (5+ years)
  • $206,486Average Assets, year-to-date
  • $748,436Average Assets, quarterly
  • $755,480Volatile liabilities
  • $115,740Insider loans
  • $8,239FHLB advances
  • $0Loans and leases held for sale
  • $5,404Unused loan commitments
  • $344,105Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $68,452Total risk weighted assets
  • $634,280Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $61,277Total interest expense
  • $20,496Net interest income
  • $40,781Provision for loan and lease losses
  • $5,530Total noninterest income
  • $9,452Fiduciary activities
  • $0Service charges on deposit accounts
  • $5,361Trading account gains & fees
  • $2Additional noninterest income
  • $4,089Total noninterest expense
  • $31,303Salaries and employee benefits
  • $6,976Premises and equipment expense
  • $3,280Additional noninterest expense
  • $21,047Pre-tax net operating income
  • $13,400Securities gains (losses)
  • $0Applicable income taxes
  • $4,698Income before extraordinary items
  • $8,702Extraordinary gains - net
  • $0Net income attributable to bank
  • $8,702Net charge-offs
  • $4,618Cash 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
  • 9.19%Cost of funding earning assets
  • 3.08%Net interest margin
  • 6.12%Noninterest income to earning assets
  • 1.42%Noninterest expense to earning assets
  • 4.70%Net operating income to assets
  • 1.16%Return on assets (ROA)
  • 1.16%Pretax return on assets
  • 1.79%Return on equity (ROE)
  • 9.50%Retained earnings to average equity (YTD only)
  • 9.50%Net charge-offs to loans
  • 0.80%Credit loss provision to net charge-offs
  • 119.75%Efficiency ratio
  • 57,279Assets per employee
  • 3.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.71%Loss allowance to noncurrent loans
  • 298.34%Noncurrent assets plus other real estate owned to assets
  • 0.56%Noncurrent loans to loans
  • 0.57%Net loans and leases to deposits
  • 97.99%Net loans and leases to core deposits
  • 108.77%Equity capital to assets
  • 12.58%Core capital (leverage) ratio
  • 9.25%Tier 1 risk-based capital ratio
  • 10.79%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $748,436Average earning assets
  • $91,636Average equity
  • $666,521Average loans

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