CNLBank, Southwest Florida in Bonita Springs, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 20, 2009

  • CNLBank, Southwest Florida in Bonita Springs, Florida (FL)
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CNLBank, Southwest Florida - Overview

  • General
  • FDIC Certificate #: 58557
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: CNLBank (#34427)
    Federal Reserve ID: 3590007
    Date Established: July 13, 2007
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 456287
    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: July 13, 2007
    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: 9124 Bonita Beach Road, Bonita Springs, FL 34135
    County: Lee
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: South Florida
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Fort Myers-Cape Coral, FL (#2700)
    Core Based Statistical Area (CBSA): Cape Coral-Fort Myers, FL (#15980)
    CBSA Metro Statistical Area: Cape Coral-Fort Myers, FL (#15980)
  • Financial Summary
  • Total assets: $149.8 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, 2008)

  • Dollar figures in thousands
  • 25Total employees (full-time equivalent)
  • $139,203Total assets
  • $2,677Cash and due from depository institutions
  • $1,977Interest-bearing balances
  • $7,116Securities
  • $407Federal funds sold & reverse repurchase agreements
  • $117,516Net loans & leases
  • $3,073Loan loss allowance
  • $0Trading account assets
  • $8,485Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,002All other assets
  • $139,203Total liabilities and capital
  • $117,296Total liabilities
  • $108,311Total deposits
  • $97,948Interest-bearing deposits
  • $108,311Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $585Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $8,000Other borrowed funds
  • $0Subordinated debt
  • $400All other liabilities
  • $21,907Total equity capital
  • $21,907Total bank equity capital
  • $21,907Perpetual preferred stock
  • $0Common stock
  • $10,000Surplus
  • $15,497Undivided profits
  • Memoranda
  • $-3,590Noncurrent loans and leases
  • $17,901Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,322Earning assets
  • $0Long-term assets (5+ years)
  • $551Average Assets, year-to-date
  • $127,016Average Assets, quarterly
  • $21,722Volatile liabilities
  • $117,591Insider loans
  • $132,013FHLB advances
  • $44,333Loans and leases held for sale
  • $532Unused loan commitments
  • $8,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $17,901Total unused commitments
  • $0Restructured Loans and leases
  • $1,662Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $6,673Total interest income
  • $2,801Total interest expense
  • $3,872Net interest income
  • $1,912Provision for loan and lease losses
  • $107Total noninterest income
  • $0Fiduciary activities
  • $68Service charges on deposit accounts
  • $0Trading account gains & fees
  • $39Additional noninterest income
  • $5,026Total noninterest expense
  • $2,701Salaries and employee benefits
  • $1,093Premises and equipment expense
  • $1,232Additional noninterest expense
  • -$2,959Pre-tax net operating income
  • $0Securities gains (losses)
  • -$1,064Applicable income taxes
  • -$1,895Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,895Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.24%Yield on earning assets
  • 2.62%Cost of funding earning assets
  • 3.62%Net interest margin
  • 0.10%Noninterest income to earning assets
  • 4.70%Noninterest expense to earning assets
  • -1.61%Net operating income to assets
  • -1.61%Return on assets (ROA)
  • -2.52%Pretax return on assets
  • -9.53%Return on equity (ROE)
  • -9.53%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 126,313Assets per employee
  • 5.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.55%Loss allowance to noncurrent loans
  • 71.10%Noncurrent assets plus other real estate owned to assets
  • 3.10%Noncurrent loans to loans
  • 3.58%Net loans and leases to deposits
  • 108.50%Net loans and leases to core deposits
  • 161.95%Equity capital to assets
  • 15.74%Core capital (leverage) ratio
  • 16.79%Tier 1 risk-based capital ratio
  • 16.62%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $117,591Average earning assets
  • $19,895Average equity
  • $106,928Average loans

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