First National Bank of Fort Myers in Fort Myers, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 16, 2001

  • First National Bank of Fort Myers in Fort Myers, Florida (FL)
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First National Bank of Fort Myers - Overview

  • General
  • FDIC Certificate #: 27450
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First National Bank of Florida (#27538)
    Federal Reserve ID: 1359590
    Date Established: Febuary 03, 1989
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    OTS Docket #: 9530
    FDIC's unique #: 39944
    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: Febuary 03, 1989
    Last Structure Change Effective Date: Febuary 16, 2001
    Last Structure Change Process Date: March 09, 2001
    Last Data Update: March 09, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 2915 Colonial Boulevard, Fort Myers, FL 33912
    County: Lee
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: New York
    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: $110.0 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 30Total employees (full-time equivalent)
  • $110,032Total assets
  • $6,538Cash and due from depository institutions
  • $763Interest-bearing balances
  • $9,598Securities
  • $1,175Federal funds sold & reverse repurchase agreements
  • $85,783Net loans & leases
  • $997Loan loss allowance
  • $0Trading account assets
  • $3,101Bank premises and fixed assets
  • $120Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,717All other assets
  • $110,032Total liabilities and capital
  • $102,051Total liabilities
  • $95,195Total deposits
  • $79,043Interest-bearing deposits
  • $95,195Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $6,091Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $765All other liabilities
  • $7,981Total equity capital
  • $7,981Total bank equity capital
  • $7,981Perpetual preferred stock
  • $0Common stock
  • $3,655Surplus
  • $3,655Undivided profits
  • Memoranda
  • $671Noncurrent loans and leases
  • $17,733Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $38Earning assets
  • $0Long-term assets (5+ years)
  • $434Average Assets, year-to-date
  • $97,319Average Assets, quarterly
  • $8,665Volatile liabilities
  • $104,348Insider loans
  • $108,712FHLB advances
  • $19,876Loans and leases held for sale
  • $5,823Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $17,733Total unused commitments
  • $0Restructured Loans and leases
  • $997Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $7,896Total interest income
  • $4,080Total interest expense
  • $3,816Net interest income
  • $189Provision for loan and lease losses
  • $1,248Total noninterest income
  • $0Fiduciary activities
  • $557Service charges on deposit accounts
  • $0Trading account gains & fees
  • $691Additional noninterest income
  • $3,673Total noninterest expense
  • $1,550Salaries and employee benefits
  • $956Premises and equipment expense
  • $1,167Additional noninterest expense
  • $1,202Pre-tax net operating income
  • -$1Securities gains (losses)
  • $418Applicable income taxes
  • $783Income before extraordinary items
  • $0Extraordinary gains - net
  • $783Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $28Sale, conversion, retirement of capital stock, net
  • $183Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.60%Yield on earning assets
  • 4.44%Cost of funding earning assets
  • 4.15%Net interest margin
  • 1.36%Noninterest income to earning assets
  • 4.00%Noninterest expense to earning assets
  • 0.75%Net operating income to assets
  • 0.75%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 10.41%Return on equity (ROE)
  • 7.98%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 675.00%Credit loss provision to net charge-offs
  • 49.68%Efficiency ratio
  • 72,532Assets per employee
  • 3.67%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 23.37%Loss allowance to loans
  • 1.15%Loss allowance to noncurrent loans
  • 2623.68%Noncurrent assets plus other real estate owned to assets
  • 0.14%Noncurrent loans to loans
  • 0.04%Net loans and leases to deposits
  • 90.11%Net loans and leases to core deposits
  • 105.37%Equity capital to assets
  • 7.25%Core capital (leverage) ratio
  • 7.33%Tier 1 risk-based capital ratio
  • 9.41%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $104,348Average earning assets
  • $7,520Average equity
  • $91,866Average loans

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