CBC NATIONAL BANK in city_name, state_name - Detailed Financial Reports, Location

CBC NATIONAL BANK in Fernandina Beach, Florida (FL), SC, GA
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CBC NATIONAL BANK routing number info

CBC NATIONAL BANK - Overview

General
FDIC Certificate #: 35309
Status: Active
Federal Reserve ID: 2855914
Bank Holding Company (Regulatory Top Holder): Coastal Banking Company, Inc. (RSSDID: 2855905, Location: Beaufort, SC)
Date Established: May 10, 2000
WWW: http://www.cbcnationalbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 5 (Domestic: 5, Interstate: Yes)
FDIC's unique #: 77699
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: May 10, 2000
Last Structure Change Effective Date: August 10, 2008
Last Structure Change Process Date: September 26, 2008
Last Data Update: September 26, 2008
Data Source Date: April 05, 2012
Location
Address: 1891 South 14th Street, Fernandina Beach, FL 32034
County: Nassau
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
Participated in Absorption/Consolidation/Merger
Change in Geographic Region/Area/Territory/Field Office
Change in Location
Financial Summary
Total assets: $477.6 mil
Equity capital: $40.0 mil
Deposits held in domestic offices: $356.2 mil
Return on assets (ROA): 0.33% ($1.6 mil)
Quarterly return on assets: 0.90% ($4.3 mil)
Return on Equity (ROE): 3.58% ($1.4 mil)
Quarterly return on equity: 10.48% ($4.2 mil)
Net income: $1.4 mil
Quarterly Net income: $1.0 mil
Pretax return on assets: 0.33% ($1,576.1 mil)
Quarterly Pretax return on assets: 0.68% ($3,247.8 mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
350Total employees (full-time equivalent)
$477,611Total assets
$4,090Cash and due from depository institutions
$479Interest-bearing balances
$22,506Securities
$243Federal funds sold & reverse repurchase agreements
$285,567Net loans & leases
$5,222Loan loss allowance
$0Trading account assets
$7,489Bank premises and fixed assets
$15,424Other real estate owned
$519Goodwill and other intangibles
$477,611Life insurance assets
$141,773All other assets
$437,567Total liabilities and capital
$356,163Total liabilities
$335,683Total deposits
$356,163Interest-bearing deposits
$91Deposits held in domestic offices
8766.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$68,447Trading liabilities
$0Other borrowed funds
$4,191Subordinated debt
$40,044All other liabilities
$40,044Total equity capital
$40,044Total bank equity capital
$0Perpetual preferred stock
$3,350Common stock
$42,761Surplus
$-6,067Undivided profits
Memoranda
$0Noncurrent loans and leases
$36,122Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$15,937Income earned, not collected on loans
$357Earning assets
$942Long-term assets (5+ years)
$308,795Average Assets, year-to-date
$75,542Average Assets, quarterly
$428,811Volatile liabilities
$459,387Insider loans
$252,480FHLB advances
$453,823Loans and leases held for sale
$1,974Unused loan commitments
$1,974Tier 1 (core) risk-based capital
$38,066Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$15,981Restructured Loans and leases
$3,801Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$17,870Total interest income
$4,898Total interest expense
$12,972Net interest income
$2,865Provision for loan and lease losses
$17,410Total noninterest income
$0Fiduciary activities
$403Service charges on deposit accounts
$0Trading account gains & fees
$17,007Additional noninterest income
$26,110Total noninterest expense
$14,270Salaries and employee benefits
$1,794Premises and equipment expense
$10,046Additional noninterest expense
$1,407Pre-tax net operating income
-$8Securities gains (losses)
$0Applicable income taxes
$1,399Income before extraordinary items
$0Extraordinary gains - net
$1,399Net income attributable to bank
$0Net charge-offs
$1,399Cash dividends
$3,651Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.34%Yield on earning assets
1.46%Cost of funding earning assets
3.87%Net interest margin
5.20%Noninterest income to earning assets
7.80%Noninterest expense to earning assets
0.33%Net operating income to assets
0.33%Return on assets (ROA)
0.33%Pretax return on assets
3.58%Return on equity (ROE)
3.58%Retained earnings to average equity (YTD only)
1.20%Net charge-offs to loans
78.47%Credit loss provision to net charge-offs
1.17%Efficiency ratio
85,807Assets per employee
1.36%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.80%Loss allowance to noncurrent loans
32.77%Noncurrent assets plus other real estate owned to assets
6.57%Noncurrent loans to loans
5.48%Net loans and leases to deposits
80.18%Net loans and leases to core deposits
100.54%Equity capital to assets
8.38%Core capital (leverage) ratio
8.39%Tier 1 risk-based capital ratio
15.08%Total risk-based capital ratio
Memoranda
$16Average assets
$428,811Average earning assets
$39,035Average equity
$334,856Average loans

List of branches

1 Florida Branch as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	77699	Cbc National Bank	1891 South 14th Street, Fernandina Beach, FL 32034	May 10, 2000	Full Service Brick and Mortar

1 Georgia Branch as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
5	5397	The Georgia Bank Branch	2023 East Depot Street, Meigs, GA 31765	November 23, 1903	Full Service Brick and Mortar

3 South Carolina Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
1	418618	Messenger Service Branch	36 Sea Island Parkway, Beaufort, SC 29902	May 15, 2002	Limited Service Messenger
3	462451	Port Royal Branch	1700 Ribaut Road, Port Royal, SC 29935	March 23, 2007	Full Service Brick and Mortar
6	481046	Sea Island Branch	36 Sea Island Parkway, Beaufort, SC 29907	August 10, 2008	Full Service Brick and Mortar

CBC NATIONAL BANK in Fernandina Beach, Florida (FL), SC, GA
Overview, Financial Summary, Detailed Financial Reports, Branches

CBC NATIONAL BANK - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

CBC NATIONAL BANK in Fernandina Beach, Florida (FL), SC, GAOverview, Financial Summary, Detailed Financial Reports, Branches

CBC NATIONAL BANK - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

CBC NATIONAL BANK in Fernandina Beach, Florida (FL), SC, GA
Overview, Financial Summary, Detailed Financial Reports, Branches