Citizens Federal Savings Bank of Port St. Joe - Overview
General
FDIC Certificate #: 30920 Status: Inactive Closing history: Change in Location Acquiring institution:Superior Bank (#17750) Federal Reserve ID: 952976 Date Established: December 18, 1956 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 6115 FDIC's unique #: 43754 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: December 18, 1956 Last Structure Change Effective Date: Febuary 16, 2002 Last Structure Change Process Date: March 07, 2002 Last Data Update: March 07, 2002 Data Source Date: April 05, 2012
Location
Address: 401 Fifth St, Port Saint Joe, FL 32456 County: Gulf 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
History of Changes
Merger - Without Assistance
Change in Location
Financial Summary
Total assets: $101.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
29Total employees (full-time equivalent)
$101,903Total assets
$5,520Cash and due from depository institutions
$2,411Interest-bearing balances
$2,586Securities
$0Federal funds sold & reverse repurchase agreements
$88,814Net loans & leases
$339Loan loss allowance
$0Trading account assets
$2,330Bank premises and fixed assets
$56Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,597All other assets
$101,903Total liabilities and capital
$93,919Total liabilities
$76,881Total deposits
$71,540Interest-bearing deposits
$76,881Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$16,250Other borrowed funds
$0Subordinated debt
$788All other liabilities
$7,984Total equity capital
$7,984Total bank equity capital
$7,984Perpetual preferred stock
$0Common stock
$2Surplus
$1,584Undivided profits
Memoranda
$6,398Noncurrent loans and leases
$9,030Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$608Earning assets
$0Long-term assets (5+ years)
$551Average Assets, year-to-date
$93,811Average Assets, quarterly
$0Volatile liabilities
$100,635Insider loans
$103,269FHLB advances
$38,022Loans and leases held for sale
$0Unused loan commitments
$16,250Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,030Total unused commitments
$157Restructured Loans and leases
$339Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$7,772Total interest income
$4,438Total interest expense
$3,334Net interest income
$203Provision for loan and lease losses
$707Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$707Additional noninterest income
$2,211Total noninterest expense
$1,156Salaries and employee benefits
$669Premises and equipment expense
$386Additional noninterest expense
$1,627Pre-tax net operating income
$0Securities gains (losses)
$607Applicable income taxes
$1,020Income before extraordinary items
$0Extraordinary gains - net
$1,020Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$153Sale, conversion, retirement of capital stock, net
$254Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.38%Yield on earning assets
4.79%Cost of funding earning assets
3.60%Net interest margin
0.76%Noninterest income to earning assets
2.38%Noninterest expense to earning assets
1.01%Net operating income to assets
1.01%Return on assets (ROA)
1.62%Pretax return on assets
13.56%Return on equity (ROE)
10.18%Retained earnings to average equity (YTD only)
0.18%Net charge-offs to loans
132.68%Credit loss provision to net charge-offs
11.96%Efficiency ratio
54,714Assets per employee
3.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
24.90%Loss allowance to loans
0.38%Loss allowance to noncurrent loans
55.76%Noncurrent assets plus other real estate owned to assets
0.65%Noncurrent loans to loans
0.68%Net loans and leases to deposits
115.52%Net loans and leases to core deposits
161.16%Equity capital to assets
7.83%Core capital (leverage) ratio
7.83%Tier 1 risk-based capital ratio
11.81%Total risk-based capital ratio
Memoranda
$12Average assets
$100,635Average earning assets
$7,522Average equity
$92,738Average loans
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