FDIC Certificate #: 58468 Status: Active Federal Reserve ID: 3577428 Bank Holding Company (Regulatory Top Holder): Community Holding Company Of Florida, Inc. (RSSDID: 3577370, Location: Miramar Beach, FL) Date Established: June 11, 2007 WWW:http://www.communitybankdestin.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 #: 452542 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: June 11, 2007 Last Structure Change Effective Date: September 09, 2010 Last Structure Change Process Date: September 09, 2010 Last Data Update: September 09, 2010 Data Source Date: April 05, 2012
Location
Address: 12590 Emerald Coast Parkway, Miramar Beach, FL 32550 County: Walton Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Dallas FDIC Field Office: Pensacola Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $82.8 mil Equity capital: $9.3 mil Deposits held in domestic offices: $73.1 mil Return on assets (ROA): 0.16% ($0.1 mil) Quarterly return on assets: 0.28% ($0.2 mil) Return on Equity (ROE): 1.47% ($0.1 mil) Quarterly return on equity: 2.51% ($0.2 mil) Net income: $0.1 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.23% ($190.4 mil) Quarterly Pretax return on assets: 0.41% ($339.5 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
21Total employees (full-time equivalent)
$82,804Total assets
$7,264Cash and due from depository institutions
$6,022Interest-bearing balances
$8,609Securities
$0Federal funds sold & reverse repurchase agreements
$58,368Net loans & leases
$737Loan loss allowance
$0Trading account assets
$3,824Bank premises and fixed assets
$716Other real estate owned
$0Goodwill and other intangibles
$82,804Life insurance assets
$4,023All other assets
$73,522Total liabilities and capital
$73,120Total liabilities
$61,745Total deposits
$73,120Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$402Subordinated debt
$9,282All other liabilities
$9,282Total equity capital
$9,282Total bank equity capital
$0Perpetual preferred stock
$6,000Common stock
$8,055Surplus
$-4,773Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$185Long-term assets (5+ years)
$72,999Average Assets, year-to-date
$14,354Average Assets, quarterly
$81,374Volatile liabilities
$83,428Insider loans
$55,094FHLB advances
$80,767Loans and leases held for sale
$1,064Unused loan commitments
$1,064Tier 1 (core) risk-based capital
$6,854Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,033Restructured Loans and leases
$1,209Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,498Total interest income
$825Total interest expense
$2,673Net interest income
$116Provision for loan and lease losses
$226Total noninterest income
$0Fiduciary activities
$25Service charges on deposit accounts
$0Trading account gains & fees
$201Additional noninterest income
$2,637Total noninterest expense
$1,486Salaries and employee benefits
$247Premises and equipment expense
$904Additional noninterest expense
$146Pre-tax net operating income
$40Securities gains (losses)
$54Applicable income taxes
$132Income before extraordinary items
$0Extraordinary gains - net
$132Net income attributable to bank
$0Net charge-offs
$132Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.91%Yield on earning assets
1.16%Cost of funding earning assets
3.75%Net interest margin
0.32%Noninterest income to earning assets
3.70%Noninterest expense to earning assets
0.13%Net operating income to assets
0.16%Return on assets (ROA)
0.23%Pretax return on assets
1.47%Return on equity (ROE)
1.47%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
90,962Assets per employee
3.94%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.25%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.86%Noncurrent loans to loans
0.00%Net loans and leases to deposits
79.82%Net loans and leases to core deposits
88.86%Equity capital to assets
11.21%Core capital (leverage) ratio
8.49%Tier 1 risk-based capital ratio
12.44%Total risk-based capital ratio
Memoranda
$14Average assets
$81,374Average earning assets
$8,978Average equity
$71,260Average loans
List of branches
1 Florida Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
452542
Community Bank, Destin
12590 Emerald Coast Parkway, Miramar Beach, FL 32550
June 11, 2007
Full Service Brick and Mortar
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