COASTAL BANK AND TRUST OF FLORIDA in Pensacola, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 2010

  • COASTAL BANK AND TRUST OF FLORIDA in Pensacola, Florida (FL)
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COASTAL BANK AND TRUST OF FLORIDA - Overview

  • General
  • FDIC Certificate #: 20830
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Synovus Bank (#873)
    Federal Reserve ID: 391838
    Date Established: October 11, 1972
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 26 (Interstate: No)
    FDIC's unique #: 14390
    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: October 11, 1972
    Last Structure Change Effective Date: June 01, 2010
    Last Structure Change Process Date: June 14, 2010
    Last Data Update: June 14, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 125 West Romana Street, Suite 400, 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)
  • Financial Summary
  • Total assets: $1,733.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)

  • Dollar figures in thousands
  • 212Total employees (full-time equivalent)
  • $1,777,337Total assets
  • $19,816Cash and due from depository institutions
  • $679Interest-bearing balances
  • $119,881Securities
  • $76,825Federal funds sold & reverse repurchase agreements
  • $1,416,605Net loans & leases
  • $38,934Loan loss allowance
  • $0Trading account assets
  • $34,188Bank premises and fixed assets
  • $14,103Other real estate owned
  • $66Goodwill and other intangibles
  • $1,219Life insurance assets
  • $95,853All other assets
  • $1,777,337Total liabilities and capital
  • $1,631,898Total liabilities
  • $1,511,537Total deposits
  • $1,350,221Interest-bearing deposits
  • $1,511,537Deposits held in domestic offices
  • 76.42%% insured (estimated)
  • $7,740Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $101,345Other borrowed funds
  • $0Subordinated debt
  • $11,276All other liabilities
  • $145,439Total equity capital
  • $145,439Total bank equity capital
  • $145,345Perpetual preferred stock
  • $0Common stock
  • $3,210Surplus
  • $135,392Undivided profits
  • Memoranda
  • $6,743Noncurrent loans and leases
  • $158,671Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $94Income earned, not collected on loans
  • $71,661Earning assets
  • $0Long-term assets (5+ years)
  • $6,551Average Assets, year-to-date
  • $1,613,990Average Assets, quarterly
  • $296,608Volatile liabilities
  • $1,807,817Insider loans
  • $1,773,789FHLB advances
  • $324,387Loans and leases held for sale
  • $58,343Unused loan commitments
  • $100,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $360Total risk weighted assets
  • $158,671Total unused commitments
  • $368Restructured Loans and leases
  • $19,346Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $88,082Total interest income
  • $24,652Total interest expense
  • $63,430Net interest income
  • $99,123Provision for loan and lease losses
  • -$2,062Total noninterest income
  • $0Fiduciary activities
  • $6,000Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$8,062Additional noninterest income
  • $39,764Total noninterest expense
  • $13,708Salaries and employee benefits
  • $4,087Premises and equipment expense
  • $21,969Additional noninterest expense
  • -$77,519Pre-tax net operating income
  • $1,114Securities gains (losses)
  • -$10,886Applicable income taxes
  • -$65,519Income before extraordinary items
  • $0Extraordinary gains - net
  • -$65,519Net income attributable to bank
  • $0Net charge-offs
  • -$65,519Cash dividends
  • $90,912Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.31%Yield on earning assets
  • 1.49%Cost of funding earning assets
  • 3.82%Net interest margin
  • -0.12%Noninterest income to earning assets
  • 2.40%Noninterest expense to earning assets
  • -3.68%Net operating income to assets
  • -3.62%Return on assets (ROA)
  • -4.23%Pretax return on assets
  • -39.63%Return on equity (ROE)
  • -39.63%Retained earnings to average equity (YTD only)
  • 5.95%Net charge-offs to loans
  • 109.03%Credit loss provision to net charge-offs
  • 0.24%Efficiency ratio
  • 57,292Assets per employee
  • 8.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.67%Loss allowance to noncurrent loans
  • 54.33%Noncurrent assets plus other real estate owned to assets
  • 4.83%Noncurrent loans to loans
  • 4.92%Net loans and leases to deposits
  • 93.72%Net loans and leases to core deposits
  • 111.55%Equity capital to assets
  • 8.18%Core capital (leverage) ratio
  • 7.94%Tier 1 risk-based capital ratio
  • 9.14%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $1,807,817Average earning assets
  • $165,328Average equity
  • $1,659,635Average loans

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