Barnett Bank of the St. Johns in Saint Augustine, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 29, 1996

  • Barnett Bank of the St. Johns in Saint Augustine, Florida (FL)
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Barnett Bank of the St. Johns - Overview

  • General
  • FDIC Certificate #: 25867
    Status: Inactive
    Closing history: Change in Location
    Acquiring institution: Barnett Bank, National Association (#3566)
    Federal Reserve ID: 940937
    Date Established: January 02, 1985
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 10 (Interstate: No)
    FDIC's unique #: 32108
    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 02, 1985
    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: 60 Cathedral Place, Saint Augustine, FL 32084
    County: St. Johns
    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
    Change in Location
  • Financial Summary
  • Total assets: $473.6 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)
  • $153Total assets
  • $462,412Cash and due from depository institutions
  • $23,452Interest-bearing balances
  • $0Securities
  • $50,573Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $370,071Loan loss allowance
  • $3,565Trading account assets
  • $640Bank premises and fixed assets
  • $8,652Other real estate owned
  • $238Goodwill and other intangibles
  • $8,786Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $462,412Total liabilities
  • $426,250Total deposits
  • $411,942Interest-bearing deposits
  • $359,503Deposits held in domestic offices
  • 411942.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $8,867Trading liabilities
  • $640Other borrowed funds
  • $1,045Subordinated debt
  • $0All other liabilities
  • $3,756Total equity capital
  • $3,756Total bank equity capital
  • $36,162Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $9,463Undivided profits
  • Memoranda
  • $25,699Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,165Income earned, not collected on loans
  • $2,608Earning assets
  • $421,284Long-term assets (5+ years)
  • $118,191Average Assets, year-to-date
  • $461,904Average Assets, quarterly
  • $461,442Volatile liabilities
  • $31,499Insider loans
  • $4,775FHLB advances
  • $0Loans and leases held for sale
  • $2,927Unused loan commitments
  • $107,049Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $35,982Total risk weighted assets
  • $330,026Total unused commitments
  • $0Restructured Loans and leases
  • $20,369Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $36,164Total interest expense
  • $13,119Net interest income
  • $23,045Provision for loan and lease losses
  • $1,269Total noninterest income
  • $6,123Fiduciary activities
  • $0Service charges on deposit accounts
  • $3,178Trading account gains & fees
  • $56Additional noninterest income
  • $2,889Total noninterest expense
  • $15,724Salaries and employee benefits
  • $4,887Premises and equipment expense
  • $1,832Additional noninterest expense
  • $9,005Pre-tax net operating income
  • $12,175Securities gains (losses)
  • $0Applicable income taxes
  • $4,317Income before extraordinary items
  • $7,858Extraordinary gains - net
  • $0Net income attributable to bank
  • $7,858Net charge-offs
  • $1,325Cash dividends
  • $3,000Sale, 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
  • 8.47%Cost of funding earning assets
  • 3.07%Net interest margin
  • 5.40%Noninterest income to earning assets
  • 1.43%Noninterest expense to earning assets
  • 3.68%Net operating income to assets
  • 1.70%Return on assets (ROA)
  • 1.70%Pretax return on assets
  • 2.64%Return on equity (ROE)
  • 23.27%Retained earnings to average equity (YTD only)
  • 14.38%Net charge-offs to loans
  • 0.36%Credit loss provision to net charge-offs
  • 95.77%Efficiency ratio
  • 53,908Assets per employee
  • 3.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 38.18%Loss allowance to loans
  • 0.95%Loss allowance to noncurrent loans
  • 112.64%Noncurrent assets plus other real estate owned to assets
  • 0.74%Noncurrent loans to loans
  • 0.85%Net loans and leases to deposits
  • 89.84%Net loans and leases to core deposits
  • 94.65%Equity capital to assets
  • 7.82%Core capital (leverage) ratio
  • 7.84%Tier 1 risk-based capital ratio
  • 10.90%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $461,904Average earning assets
  • $33,776Average equity
  • $426,950Average loans

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