FDIC Certificate #: 57429 Status: Active Federal Reserve ID: 3148613 Bank Holding Company (Regulatory Top Holder): Commerce National Bankshares Of Florida, Inc. (RSSDID: 3148622, Location: Winter Park, FL) Date Established: Febuary 03, 2003 WWW:http://www.cnbt-fl.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 363538 Numeric code: 3 Regulator: OCC 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: No Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: Febuary 03, 2003 Last Structure Change Effective Date: July 26, 2007 Last Structure Change Process Date: September 13, 2007 Last Data Update: September 13, 2007 Data Source Date: April 05, 2012
Location
Address: 1201 South Orlando Avenue, Winter Park, FL 32789 County: Orange 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): Orlando, FL (#5960) Combined Statistical Area (CSA): Orlando-Deltona-Daytona Beach, FL (#422) Core Based Statistical Area (CBSA): Orlando-Kissimmee-Sanford, FL (#36740) CBSA Metro Statistical Area: Orlando-Kissimmee-Sanford, FL (#36740)
Financial Summary
Total assets: $91.7 mil Equity capital: $7.2 mil Deposits held in domestic offices: $78.4 mil Return on assets (ROA): -2.67% (-$2.5 mil) Quarterly return on assets: 1.04% ($1.0 mil) Return on Equity (ROE): -30.68% (-$2.1 mil) Quarterly return on equity: 14.00% ($1.0 mil) Net income: -$2.7 mil Quarterly Net income: $0.3 mil Pretax return on assets: -2.67% (-$2,449.0 mil) Quarterly Pretax return on assets: 1.04% ($953.9 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
27Total employees (full-time equivalent)
$91,723Total assets
$7,172Cash and due from depository institutions
$4,407Interest-bearing balances
$5,193Securities
$0Federal funds sold & reverse repurchase agreements
$76,225Net loans & leases
$3,270Loan loss allowance
$0Trading account assets
$153Bank premises and fixed assets
$1,107Other real estate owned
$0Goodwill and other intangibles
$91,723Life insurance assets
$1,873All other assets
$84,540Total liabilities and capital
$78,372Total liabilities
$67,784Total deposits
$78,372Interest-bearing deposits
$82Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$6,000Trading liabilities
$0Other borrowed funds
$168Subordinated debt
$7,183All other liabilities
$7,183Total equity capital
$7,183Total bank equity capital
$0Perpetual preferred stock
$3,500Common stock
$6,080Surplus
$-2,397Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$5,500Income earned, not collected on loans
$0Earning assets
$247Long-term assets (5+ years)
$85,825Average Assets, year-to-date
$28,393Average Assets, quarterly
$101,370Volatile liabilities
$95,948Insider loans
$73,214FHLB advances
$93,904Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,140Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$11,137Restructured Loans and leases
$3,077Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,846Total interest income
$1,062Total interest expense
$3,784Net interest income
$3,602Provision for loan and lease losses
$2,555Total noninterest income
$2,225Fiduciary activities
$20Service charges on deposit accounts
$0Trading account gains & fees
$310Additional noninterest income
$5,565Total noninterest expense
$2,353Salaries and employee benefits
$591Premises and equipment expense
$2,621Additional noninterest expense
-$2,828Pre-tax net operating income
$118Securities gains (losses)
$0Applicable income taxes
-$2,710Income before extraordinary items
$0Extraordinary gains - net
-$2,710Net income attributable to bank
$0Net charge-offs
-$2,710Cash dividends
$1,576Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.12%Yield on earning assets
1.12%Cost of funding earning assets
4.00%Net interest margin
2.70%Noninterest income to earning assets
5.88%Noninterest expense to earning assets
-2.79%Net operating income to assets
-2.67%Return on assets (ROA)
-2.67%Pretax return on assets
-30.68%Return on equity (ROE)
-30.68%Retained earnings to average equity (YTD only)
1.91%Net charge-offs to loans
228.55%Credit loss provision to net charge-offs
0.49%Efficiency ratio
87,790Assets per employee
3.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.11%Loss allowance to noncurrent loans
59.45%Noncurrent assets plus other real estate owned to assets
7.20%Noncurrent loans to loans
6.92%Net loans and leases to deposits
97.26%Net loans and leases to core deposits
113.94%Equity capital to assets
7.83%Core capital (leverage) ratio
7.60%Tier 1 risk-based capital ratio
9.75%Total risk-based capital ratio
Memoranda
$11Average assets
$101,370Average earning assets
$8,833Average equity
$94,610Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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