Central Bank of Tampa in city_name, state_name - Detailed Financial Reports, Location

Central Bank of Tampa in Tampa, Florida (FL)
Show street view No street view available for this location

Central Bank of Tampa - Overview

General
FDIC Certificate #: 16502
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Mercantile Bank (#27515)
Federal Reserve ID: 551333
Date Established: November 01, 1946
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
OTS Docket #: 14444
FDIC's unique #: 10662
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: November 01, 1946
Last Structure Change Effective Date: January 01, 2003
Last Structure Change Process Date: January 17, 2003
Last Data Update: January 17, 2003
Data Source Date: April 05, 2012
Location
Address: 2307 West Kennedy Boulevard, Tampa, FL 33677
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: $223.2 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, 2002)

Dollar figures in thousands
62Total employees (full-time equivalent)
$223,175Total assets
$6,662Cash and due from depository institutions
$0Interest-bearing balances
$72,961Securities
$31,292Federal funds sold & reverse repurchase agreements
$100,854Net loans & leases
$1,081Loan loss allowance
$0Trading account assets
$8,301Bank premises and fixed assets
$0Other real estate owned
$59Goodwill and other intangibles
$0Life insurance assets
$3,046All other assets
$223,175Total liabilities and capital
$194,121Total liabilities
$176,870Total deposits
$144,085Interest-bearing deposits
$176,870Deposits held in domestic offices
0.00%% insured (estimated)
$6,221Federal funds purchased & repurchase agreements
$0Trading liabilities
$8,384Other borrowed funds
$0Subordinated debt
$2,646All other liabilities
$29,054Total equity capital
$29,054Total bank equity capital
$29,054Perpetual preferred stock
$0Common stock
$1,646Surplus
$1,997Undivided profits
Memoranda
$25,411Noncurrent loans and leases
$27,636Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$648Earning assets
$0Long-term assets (5+ years)
$1,462Average Assets, year-to-date
$205,107Average Assets, quarterly
$65,519Volatile liabilities
$213,790Insider loans
$219,216FHLB advances
$64,470Loans and leases held for sale
$70Unused loan commitments
$6,600Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$27,636Total unused commitments
$403Restructured Loans and leases
$1,081Derivatives

Income and Expense (December 31, 2002)

Dollar figures in thousands
$13,352Total interest income
$4,196Total interest expense
$9,156Net interest income
$60Provision for loan and lease losses
$1,565Total noninterest income
$0Fiduciary activities
$1,406Service charges on deposit accounts
$0Trading account gains & fees
$159Additional noninterest income
$6,482Total noninterest expense
$4,326Salaries and employee benefits
$855Premises and equipment expense
$1,301Additional noninterest expense
$4,179Pre-tax net operating income
$0Securities gains (losses)
$1,368Applicable income taxes
$2,811Income before extraordinary items
$0Extraordinary gains - net
$2,811Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$187Sale, conversion, retirement of capital stock, net
$1,530Net operating income

Performance and Condition Ratios (December 31, 2002)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.90%Yield on earning assets
2.17%Cost of funding earning assets
4.73%Net interest margin
0.81%Noninterest income to earning assets
3.35%Noninterest expense to earning assets
1.31%Net operating income to assets
1.31%Return on assets (ROA)
1.95%Pretax return on assets
9.92%Return on equity (ROE)
4.52%Retained earnings to average equity (YTD only)
0.18%Net charge-offs to loans
32.09%Credit loss provision to net charge-offs
22.67%Efficiency ratio
59,910Assets per employee
3.60%Cash dividends to net income (YTD only)
Condition Ratios (%)
54.43%Loss allowance to loans
1.06%Loss allowance to noncurrent loans
166.82%Noncurrent assets plus other real estate owned to assets
0.29%Noncurrent loans to loans
0.64%Net loans and leases to deposits
57.02%Net loans and leases to core deposits
79.41%Equity capital to assets
13.02%Core capital (leverage) ratio
12.23%Tier 1 risk-based capital ratio
20.44%Total risk-based capital ratio
Memoranda
$21Average assets
$213,790Average earning assets
$28,351Average equity
$193,608Average loans

Central Bank of Tampa in Tampa, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Central Bank of Tampa - Overview

Assets and Liabilities (December 31, 2002)

Income and Expense (December 31, 2002)

Performance and Condition Ratios (December 31, 2002)

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

Central Bank of Tampa in Tampa, Florida (FL)Overview, Financial Summary, Detailed Financial Reports, Branches

Central Bank of Tampa - Overview

Assets and Liabilities (December 31, 2002)

Income and Expense (December 31, 2002)

Performance and Condition Ratios (December 31, 2002)

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

Central Bank of Tampa in Tampa, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches