CNLBank, First Coast in Jacksonville, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 20, 2009

  • CNLBank, First Coast in Jacksonville, Florida (FL)
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CNLBank, First Coast - Overview

  • General
  • FDIC Certificate #: 58045
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: CNLBank (#34427)
    Federal Reserve ID: 3346295
    Date Established: November 09, 2005
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 437022
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: November 09, 2005
    Last Structure Change Effective Date: April 20, 2009
    Last Structure Change Process Date: April 29, 2009
    Last Data Update: April 29, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 10739 Deerwood Park Boulevard, Suite 100, Jacksonville, FL 32255
    County: Duval
    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)
  • Financial Summary
  • Total assets: $224.3 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, 2008)

  • Dollar figures in thousands
  • 27Total employees (full-time equivalent)
  • $227,354Total assets
  • $9,440Cash and due from depository institutions
  • $8,494Interest-bearing balances
  • $30,166Securities
  • $991Federal funds sold & reverse repurchase agreements
  • $179,164Net loans & leases
  • $2,974Loan loss allowance
  • $0Trading account assets
  • $4,997Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,596All other assets
  • $227,354Total liabilities and capital
  • $203,514Total liabilities
  • $176,503Total deposits
  • $154,651Interest-bearing deposits
  • $176,503Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $17,450Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $7,000Other borrowed funds
  • $0Subordinated debt
  • $2,561All other liabilities
  • $23,840Total equity capital
  • $23,840Total bank equity capital
  • $23,840Perpetual preferred stock
  • $0Common stock
  • $5,000Surplus
  • $16,776Undivided profits
  • Memoranda
  • $2,064Noncurrent loans and leases
  • $36,463Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,000Earning assets
  • $0Long-term assets (5+ years)
  • $828Average Assets, year-to-date
  • $218,815Average Assets, quarterly
  • $38,538Volatile liabilities
  • $205,665Insider loans
  • $221,320FHLB advances
  • $59,202Loans and leases held for sale
  • $4,184Unused loan commitments
  • $7,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $36,463Total unused commitments
  • $2,302Restructured Loans and leases
  • $2,478Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $11,401Total interest income
  • $5,188Total interest expense
  • $6,213Net interest income
  • $1,222Provision for loan and lease losses
  • $109Total noninterest income
  • $0Fiduciary activities
  • $150Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$41Additional noninterest income
  • $5,054Total noninterest expense
  • $2,868Salaries and employee benefits
  • $625Premises and equipment expense
  • $1,561Additional noninterest expense
  • $46Pre-tax net operating income
  • $0Securities gains (losses)
  • $53Applicable income taxes
  • -$7Income before extraordinary items
  • $0Extraordinary gains - net
  • -$7Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $178Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.82%Yield on earning assets
  • 2.65%Cost of funding earning assets
  • 3.17%Net interest margin
  • 0.06%Noninterest income to earning assets
  • 2.58%Noninterest expense to earning assets
  • -0.00%Net operating income to assets
  • -0.00%Return on assets (ROA)
  • 0.02%Pretax return on assets
  • -0.03%Return on equity (ROE)
  • -0.03%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 686.52%Credit loss provision to net charge-offs
  • 7.12%Efficiency ratio
  • 79,943Assets per employee
  • 8.42%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.63%Loss allowance to noncurrent loans
  • 74.35%Noncurrent assets plus other real estate owned to assets
  • 1.76%Noncurrent loans to loans
  • 2.20%Net loans and leases to deposits
  • 101.51%Net loans and leases to core deposits
  • 132.96%Equity capital to assets
  • 10.49%Core capital (leverage) ratio
  • 10.66%Tier 1 risk-based capital ratio
  • 11.79%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $205,665Average earning assets
  • $23,291Average equity
  • $195,896Average loans

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