FDIC Certificate #: 34143 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First National Bank of Florida (#27538) Federal Reserve ID: 2376428 Date Established: March 08, 1996 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) FDIC's unique #: 56287 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: March 08, 1996 Last Structure Change Effective Date: June 15, 2001 Last Structure Change Process Date: July 18, 2001 Last Data Update: July 18, 2001 Data Source Date: April 05, 2012
Location
Address: 605 East Elkcam Circle, Marco Island, FL 34145 County: Collier 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): Naples, FL (#5345) Core Based Statistical Area (CBSA): Naples-Marco Island, FL (#34940) CBSA Metro Statistical Area: Naples-Marco Island, FL (#34940)
Financial Summary
Total assets: $178.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
62Total employees (full-time equivalent)
$162,641Total assets
$5,520Cash and due from depository institutions
$17Interest-bearing balances
$17,749Securities
$3,371Federal funds sold & reverse repurchase agreements
$128,394Net loans & leases
$1,585Loan loss allowance
$0Trading account assets
$5,894Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,713All other assets
$162,641Total liabilities and capital
$150,496Total liabilities
$146,914Total deposits
$130,211Interest-bearing deposits
$146,914Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,000Other borrowed funds
$0Subordinated debt
$582All other liabilities
$12,145Total equity capital
$12,145Total bank equity capital
$12,145Perpetual preferred stock
$0Common stock
$2,915Surplus
$8,412Undivided profits
Memoranda
$818Noncurrent loans and leases
$28,512Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$446Earning assets
$0Long-term assets (5+ years)
$867Average Assets, year-to-date
$149,531Average Assets, quarterly
$9,853Volatile liabilities
$135,463Insider loans
$155,396FHLB advances
$28,769Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$28,512Total unused commitments
$0Restructured Loans and leases
$1,585Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$10,296Total interest income
$5,030Total interest expense
$5,266Net interest income
$1,075Provision for loan and lease losses
$480Total noninterest income
$0Fiduciary activities
$354Service charges on deposit accounts
$0Trading account gains & fees
$126Additional noninterest income
$3,974Total noninterest expense
$2,111Salaries and employee benefits
$603Premises and equipment expense
$1,260Additional noninterest expense
$697Pre-tax net operating income
$0Securities gains (losses)
$263Applicable income taxes
$434Income before extraordinary items
$0Extraordinary gains - net
$434Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$295Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.29%Yield on earning assets
4.05%Cost of funding earning assets
4.24%Net interest margin
0.39%Noninterest income to earning assets
3.20%Noninterest expense to earning assets
0.32%Net operating income to assets
0.32%Return on assets (ROA)
0.51%Pretax return on assets
4.24%Return on equity (ROE)
4.24%Retained earnings to average equity (YTD only)
0.29%Net charge-offs to loans
364.41%Credit loss provision to net charge-offs
6.01%Efficiency ratio
69,161Assets per employee
2.62%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.22%Loss allowance to noncurrent loans
355.38%Noncurrent assets plus other real estate owned to assets
0.27%Noncurrent loans to loans
0.34%Net loans and leases to deposits
87.39%Net loans and leases to core deposits
105.98%Equity capital to assets
7.47%Core capital (leverage) ratio
7.85%Tier 1 risk-based capital ratio
9.41%Total risk-based capital ratio
Memoranda
$11Average assets
$135,463Average earning assets
$10,238Average equity
$124,144Average loans
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