FDIC Certificate #: 58377 Status: Active Federal Reserve ID: 3468450 Bank Holding Company (Regulatory Top Holder): Central Financial Holdings, Inc. (RSSDID: 3468478, Location: Tampa, FL) Date Established: Febuary 26, 2007 WWW:http://www.centralbankfl.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 448948 Numeric code: 21 Regulator: FDIC 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: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: Febuary 26, 2007 Last Structure Change Effective Date: August 20, 2009 Last Structure Change Process Date: August 25, 2009 Last Data Update: August 25, 2009 Data Source Date: April 05, 2012
Location
Address: 20701 Bruce B. Downs Blvd, Tampa, FL 33647 County: Hillsborough Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Tampa Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Tampa-St. Petersburg-Clearwater, FL (#8280) Core Based Statistical Area (CBSA): Tampa-St. Petersburg-Clearwater, FL (#45300) CBSA Metro Statistical Area: Tampa-St. Petersburg-Clearwater, FL (#45300)
Financial Summary
Total assets: $72.8 mil Equity capital: $10.7 mil Deposits held in domestic offices: $61.9 mil Return on assets (ROA): 1.24% ($0.9 mil) Quarterly return on assets: -0.97% (-$0.7 mil) Return on Equity (ROE): 10.18% ($1.1 mil) Quarterly return on equity: -6.80% (-$0.7 mil) Net income: $1.0 mil Quarterly Net income: -$0.2 mil Pretax return on assets: 0.47% ($342.0 mil) Quarterly Pretax return on assets: -1.54% (-$1,120.6 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
15Total employees (full-time equivalent)
$72,765Total assets
$3,868Cash and due from depository institutions
$2,451Interest-bearing balances
$13,200Securities
$0Federal funds sold & reverse repurchase agreements
$49,728Net loans & leases
$1,922Loan loss allowance
$0Trading account assets
$4,756Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$72,765Life insurance assets
$1,213All other assets
$62,086Total liabilities and capital
$61,916Total liabilities
$57,451Total deposits
$61,916Interest-bearing deposits
$87Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$170Subordinated debt
$10,679All other liabilities
$10,679Total equity capital
$10,679Total bank equity capital
$0Perpetual preferred stock
$6,950Common stock
$6,950Surplus
$-3,221Undivided profits
Memoranda
$0Noncurrent loans and leases
$99Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$209Income earned, not collected on loans
$0Earning assets
$216Long-term assets (5+ years)
$65,379Average Assets, year-to-date
$14,577Average Assets, quarterly
$77,687Volatile liabilities
$76,231Insider loans
$60,819FHLB advances
$76,067Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,264Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,876Restructured Loans and leases
$1,982Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,713Total interest income
$956Total interest expense
$2,757Net interest income
$994Provision for loan and lease losses
$1,218Total noninterest income
$0Fiduciary activities
$17Service charges on deposit accounts
$0Trading account gains & fees
$1,201Additional noninterest income
$2,614Total noninterest expense
$1,499Salaries and employee benefits
$149Premises and equipment expense
$966Additional noninterest expense
$367Pre-tax net operating income
$0Securities gains (losses)
-$594Applicable income taxes
$961Income before extraordinary items
$0Extraordinary gains - net
$961Net income attributable to bank
$0Net charge-offs
$961Cash dividends
$829Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.26%Yield on earning assets
1.36%Cost of funding earning assets
3.91%Net interest margin
1.73%Noninterest income to earning assets
3.71%Noninterest expense to earning assets
1.24%Net operating income to assets
1.24%Return on assets (ROA)
0.47%Pretax return on assets
10.18%Return on equity (ROE)
10.18%Retained earnings to average equity (YTD only)
1.59%Net charge-offs to loans
119.90%Credit loss provision to net charge-offs
1.64%Efficiency ratio
65,761Assets per employee
4.85%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.72%Loss allowance to noncurrent loans
919.62%Noncurrent assets plus other real estate owned to assets
0.29%Noncurrent loans to loans
0.40%Net loans and leases to deposits
80.32%Net loans and leases to core deposits
86.77%Equity capital to assets
14.68%Core capital (leverage) ratio
13.49%Tier 1 risk-based capital ratio
16.88%Total risk-based capital ratio
Memoranda
$18Average assets
$77,687Average earning assets
$9,438Average equity
$70,527Average loans
List of branches
1 Florida Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
448948
Central Bank
20701 Bruce B. Downs Blvd, Tampa, FL 33647
Febuary 26, 2007
Full Service Brick and Mortar
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