First National Bank of Florida at Bonita Springs in city_name, state_name

First National Bank of Florida at Bonita Springs in Bonita Springs, Florida (FL)
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First National Bank of Florida at Bonita Springs - Overview

General
FDIC Certificate #: 18950
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Colonial Bank (#9609)
Federal Reserve ID: 107132
Date Established: November 18, 1963
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 11 (Interstate: No)
OTS Docket #: 10606
FDIC's unique #: 12795
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: November 18, 1963
Last Structure Change Effective Date: Febuary 13, 1998
Last Structure Change Process Date: March 18, 1998
Last Data Update: March 18, 1998
Data Source Date: April 05, 2012
Location
Address: Tamiami Trail, Bonita Springs, FL 33923
County: Lee
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): Fort Myers-Cape Coral, FL (#2700)
Core Based Statistical Area (CBSA): Cape Coral-Fort Myers, FL (#15980)
CBSA Metro Statistical Area: Cape Coral-Fort Myers, FL (#15980)
Financial Summary
Total assets: $255.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
123Total employees (full-time equivalent)
$255,756Total assets
$10,380Cash and due from depository institutions
$46Interest-bearing balances
$64,850Securities
$0Federal funds sold & reverse repurchase agreements
$170,796Net loans & leases
$2,196Loan loss allowance
$0Trading account assets
$6,591Bank premises and fixed assets
$619Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,520All other assets
$255,756Total liabilities and capital
$238,338Total liabilities
$227,318Total deposits
$200,616Interest-bearing deposits
$227,318Deposits held in domestic offices
0.00%% insured (estimated)
$9,043Federal funds purchased & repurchase agreements
$0Trading liabilities
$400Other borrowed funds
$0Subordinated debt
$1,577All other liabilities
$17,418Total equity capital
$17,418Total bank equity capital
$17,418Perpetual preferred stock
$2,850Common stock
$942Surplus
$1,061Undivided profits
Memoranda
$12,565Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,015Earning assets
$0Long-term assets (5+ years)
$1,033Average Assets, year-to-date
$235,692Average Assets, quarterly
$49,015Volatile liabilities
$246,336Insider loans
$250,580FHLB advances
$23,089Loans and leases held for sale
$3,389Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$35,620Total unused commitments
$0Restructured Loans and leases
$147,880Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$18,232Total interest income
$8,248Total interest expense
$9,984Net interest income
$1,195Provision for loan and lease losses
$2,141Total noninterest income
$0Fiduciary activities
$1,168Service charges on deposit accounts
$0Trading account gains & fees
$973Additional noninterest income
$9,494Total noninterest expense
$4,556Salaries and employee benefits
$1,938Premises and equipment expense
$3,000Additional noninterest expense
$1,436Pre-tax net operating income
$293Securities gains (losses)
$330Applicable income taxes
$1,399Income before extraordinary items
$0Extraordinary gains - net
$1,399Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$677Sale, conversion, retirement of capital stock, net
$742Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.04%Yield on earning assets
3.64%Cost of funding earning assets
4.40%Net interest margin
0.94%Noninterest income to earning assets
4.19%Noninterest expense to earning assets
0.47%Net operating income to assets
0.57%Return on assets (ROA)
0.70%Pretax return on assets
8.25%Return on equity (ROE)
3.88%Retained earnings to average equity (YTD only)
0.41%Net charge-offs to loans
176.51%Credit loss provision to net charge-offs
3.89%Efficiency ratio
78,301Assets per employee
2.08%Cash dividends to net income (YTD only)
Condition Ratios (%)
53.04%Loss allowance to loans
1.27%Loss allowance to noncurrent loans
72.84%Noncurrent assets plus other real estate owned to assets
1.42%Noncurrent loans to loans
1.74%Net loans and leases to deposits
75.14%Net loans and leases to core deposits
79.93%Equity capital to assets
6.81%Core capital (leverage) ratio
6.65%Tier 1 risk-based capital ratio
11.53%Total risk-based capital ratio
Memoranda
$13Average assets
$246,336Average earning assets
$16,954Average equity
$226,849Average loans

First National Bank of Florida at Bonita Springs in Bonita Springs, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Florida at Bonita Springs - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

Comment about this bank, ask questions, or add new information about it:

First National Bank of Florida at Bonita Springs in Bonita Springs, Florida (FL)Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Florida at Bonita Springs - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

Comment about this bank, ask questions, or add new information about it:

First National Bank of Florida at Bonita Springs in Bonita Springs, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches