Industrial National Bank in Tallahassee, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1995

Industrial National Bank in Tallahassee, Florida (FL)
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Industrial National Bank - Overview

General
FDIC Certificate #: 16427
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Capital City Bank (#9622)
Federal Reserve ID: 72137
Date Established: March 12, 1940
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)
FDIC's unique #: 10599
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: May 20, 1946
Last Structure Change Effective Date: January 01, 1995
Last Structure Change Process Date: Febuary 24, 1995
Last Data Update: Febuary 24, 1995
Data Source Date: April 05, 2012
Location
Address: 2111 North Monroe Street, Tallahassee, FL 32303
County: Leon
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Gainesville
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Tallahassee, FL (#8240)
Core Based Statistical Area (CBSA): Tallahassee, FL (#45220)
CBSA Metro Statistical Area: Tallahassee, FL (#45220)
Financial Summary
Total assets: $57.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$28Total assets
$57,883Cash and due from depository institutions
$4,784Interest-bearing balances
$0Securities
$18,319Federal funds sold & reverse repurchase agreements
$3,000Net loans & leases
$29,327Loan loss allowance
$601Trading account assets
$0Bank premises and fixed assets
$988Other real estate owned
$458Goodwill and other intangibles
$1,007Life insurance assets
$0All other assets
$0Total liabilities and capital
$57,883Total liabilities
$51,318Total deposits
$51,175Interest-bearing deposits
$37,069Deposits held in domestic offices
51175.00%% insured (estimated)
$93Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$143Total equity capital
$143Total bank equity capital
$6,565Perpetual preferred stock
$0Common stock
$450Surplus
$1,868Undivided profits
Memoranda
$4,247Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$180Income earned, not collected on loans
$199Earning assets
$50,646Long-term assets (5+ years)
$1,098Average Assets, year-to-date
$57,739Average Assets, quarterly
$57,966Volatile liabilities
$2,924Insider loans
$717FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$4,028Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,585Total risk weighted assets
$31,933Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$3,596Total interest expense
$1,106Net interest income
$2,490Provision for loan and lease losses
$14Total noninterest income
$847Fiduciary activities
$0Service charges on deposit accounts
$610Trading account gains & fees
$0Additional noninterest income
$237Total noninterest expense
$2,112Salaries and employee benefits
$899Premises and equipment expense
$201Additional noninterest expense
$1,012Pre-tax net operating income
$1,211Securities gains (losses)
-$18Applicable income taxes
$380Income before extraordinary items
$813Extraordinary gains - net
$0Net income attributable to bank
$813Net charge-offs
$112Cash dividends
$550Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.95%Cost of funding earning assets
2.14%Net interest margin
4.81%Noninterest income to earning assets
1.64%Noninterest expense to earning assets
4.08%Net operating income to assets
1.43%Return on assets (ROA)
1.41%Pretax return on assets
2.07%Return on equity (ROE)
12.45%Retained earnings to average equity (YTD only)
4.03%Net charge-offs to loans
0.38%Credit loss provision to net charge-offs
12.50%Efficiency ratio
63,290Assets per employee
2.07%Cash dividends to net income (YTD only)
Condition Ratios (%)
67.65%Loss allowance to loans
2.01%Loss allowance to noncurrent loans
333.89%Noncurrent assets plus other real estate owned to assets
1.10%Noncurrent loans to loans
0.60%Net loans and leases to deposits
57.31%Net loans and leases to core deposits
60.78%Equity capital to assets
11.34%Core capital (leverage) ratio
11.58%Tier 1 risk-based capital ratio
20.62%Total risk-based capital ratio
Memoranda
$22Average assets
$57,739Average earning assets
$6,533Average equity
$51,778Average loans

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