FDIC Certificate #: 58644 Status: Active Federal Reserve ID: 3688548 Date Established: January 28, 2008 WWW:http://www.firstcolonybank.net 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 #: 461032 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: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: January 28, 2008 Last Structure Change Effective Date: March 09, 2009 Last Structure Change Process Date: March 20, 2009 Last Data Update: March 20, 2009 Data Source Date: April 05, 2012
Location
Address: 711 North Orlando Avenue, Maitland, FL 32751 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)
History of Changes
Change in Location
Financial Summary
Total assets: $126.9 mil Equity capital: $15.1 mil Deposits held in domestic offices: $111.6 mil Return on assets (ROA): 0.89% ($1.1 mil) Quarterly return on assets: 1.11% ($1.4 mil) Return on Equity (ROE): 7.68% ($1.2 mil) Quarterly return on equity: 9.60% ($1.4 mil) Net income: $1.1 mil Quarterly Net income: $0.4 mil Pretax return on assets: 0.89% ($1,129.2 mil) Quarterly Pretax return on assets: 1.11% ($1,408.3 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
15Total employees (full-time equivalent)
$126,872Total assets
$32,916Cash and due from depository institutions
$30,330Interest-bearing balances
$15,908Securities
$0Federal funds sold & reverse repurchase agreements
$76,558Net loans & leases
$1,505Loan loss allowance
$0Trading account assets
$737Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$126,872Life insurance assets
$753All other assets
$111,788Total liabilities and capital
$111,637Total liabilities
$93,966Total deposits
$111,637Interest-bearing deposits
$61Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$151Subordinated debt
$15,084All other liabilities
$15,084Total equity capital
$15,084Total bank equity capital
$0Perpetual preferred stock
$7,600Common stock
$7,884Surplus
$-400Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$590Income earned, not collected on loans
$0Earning assets
$333Long-term assets (5+ years)
$122,796Average Assets, year-to-date
$25,564Average Assets, quarterly
$123,884Volatile liabilities
$129,114Insider loans
$82,461FHLB advances
$131,314Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$14,847Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,482Restructured Loans and leases
$1,914Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,145Total interest income
$1,004Total interest expense
$4,141Net interest income
$310Provision for loan and lease losses
$86Total noninterest income
$0Fiduciary activities
$46Service charges on deposit accounts
$0Trading account gains & fees
$40Additional noninterest income
$2,812Total noninterest expense
$1,547Salaries and employee benefits
$420Premises and equipment expense
$845Additional noninterest expense
$1,105Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,105Income before extraordinary items
$0Extraordinary gains - net
$1,105Net income attributable to bank
$0Net charge-offs
$1,105Cash 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)
4.31%Yield on earning assets
0.84%Cost of funding earning assets
3.47%Net interest margin
0.07%Noninterest income to earning assets
2.36%Noninterest expense to earning assets
0.89%Net operating income to assets
0.89%Return on assets (ROA)
0.89%Pretax return on assets
7.68%Return on equity (ROE)
7.68%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
66,525Assets per employee
8.46%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.93%Loss allowance to noncurrent loans
255.08%Noncurrent assets plus other real estate owned to assets
0.47%Noncurrent loans to loans
0.76%Net loans and leases to deposits
68.58%Net loans and leases to core deposits
73.30%Equity capital to assets
11.89%Core capital (leverage) ratio
11.31%Tier 1 risk-based capital ratio
18.00%Total risk-based capital ratio
Memoranda
$19Average assets
$123,884Average earning assets
$14,390Average equity
$119,369Average loans
List of branches
1 Florida Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
461032
First Colony Bank Of Florida
711 North Orlando Avenue, Maitland, FL 32751
January 28, 2008
Full Service Brick and Mortar
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