Manufacturers Bank of Florida in Tampa, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 07, 2001

  • Manufacturers Bank of Florida in Tampa, Florida (FL)
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Manufacturers Bank of Florida - Overview

  • General
  • FDIC Certificate #: 26560
    Status: Inactive
    Closing history: Office Sold
    Acquiring institution: Israel Discount Bank of New York (#19977)
    Federal Reserve ID: 269432
    Date Established: Febuary 03, 1986
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 14786
    FDIC's unique #: 35259
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 03, 1986
    Last Structure Change Effective Date: December 07, 2001
    Last Structure Change Process Date: Febuary 07, 2002
    Last Data Update: Febuary 07, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 4144 North Armenia Avenue, Tampa, FL 33677
    County: Hillsborough
    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): Tampa-St. Petersburg-Clearwater, FL (#8280)
    Core Based Statistical Area (CBSA): Tampa-St. Petersburg-Clearwater, FL (#45300)
    CBSA Metro Statistical Area: Tampa-St. Petersburg-Clearwater, FL (#45300)
  • History of Changes
  • Merger - Without Assistance
    Office Sold
  • Financial Summary
  • Total assets: $296.2 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
  • 80Total employees (full-time equivalent)
  • $270,595Total assets
  • $4,466Cash and due from depository institutions
  • $100Interest-bearing balances
  • $22,936Securities
  • $8,484Federal funds sold & reverse repurchase agreements
  • $222,942Net loans & leases
  • $2,889Loan loss allowance
  • $0Trading account assets
  • $6,530Bank premises and fixed assets
  • $50Other real estate owned
  • $314Goodwill and other intangibles
  • $0Life insurance assets
  • $4,873All other assets
  • $270,595Total liabilities and capital
  • $249,257Total liabilities
  • $212,820Total deposits
  • $177,127Interest-bearing deposits
  • $212,820Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,086Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $34,674Other borrowed funds
  • $0Subordinated debt
  • $677All other liabilities
  • $21,338Total equity capital
  • $21,338Total bank equity capital
  • $21,338Perpetual preferred stock
  • $0Common stock
  • $2,472Surplus
  • $9,073Undivided profits
  • Memoranda
  • $9,793Noncurrent loans and leases
  • $39,446Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $796Earning assets
  • $0Long-term assets (5+ years)
  • $1,224Average Assets, year-to-date
  • $254,462Average Assets, quarterly
  • $90,755Volatile liabilities
  • $257,283Insider loans
  • $264,615FHLB advances
  • $81,591Loans and leases held for sale
  • $861Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,250Tier 2 risk-based capital
  • $1,835Total risk weighted assets
  • $39,446Total unused commitments
  • $0Restructured Loans and leases
  • $2,751Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $20,343Total interest income
  • $9,542Total interest expense
  • $10,801Net interest income
  • $95Provision for loan and lease losses
  • $1,549Total noninterest income
  • $0Fiduciary activities
  • $939Service charges on deposit accounts
  • $0Trading account gains & fees
  • $610Additional noninterest income
  • $7,545Total noninterest expense
  • $3,817Salaries and employee benefits
  • $1,516Premises and equipment expense
  • $2,212Additional noninterest expense
  • $4,710Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,824Applicable income taxes
  • $2,886Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,886Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $239Sale, conversion, retirement of capital stock, net
  • $1,218Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.57%Yield on earning assets
  • 4.02%Cost of funding earning assets
  • 4.55%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 3.18%Noninterest expense to earning assets
  • 1.12%Net operating income to assets
  • 1.12%Return on assets (ROA)
  • 1.83%Pretax return on assets
  • 14.30%Return on equity (ROE)
  • 8.26%Retained earnings to average equity (YTD only)
  • 0.12%Net charge-offs to loans
  • 39.75%Credit loss provision to net charge-offs
  • 20.10%Efficiency ratio
  • 60,850Assets per employee
  • 3.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 42.20%Loss allowance to loans
  • 1.28%Loss allowance to noncurrent loans
  • 362.94%Noncurrent assets plus other real estate owned to assets
  • 0.31%Noncurrent loans to loans
  • 0.35%Net loans and leases to deposits
  • 104.76%Net loans and leases to core deposits
  • 159.26%Equity capital to assets
  • 7.89%Core capital (leverage) ratio
  • 7.62%Tier 1 risk-based capital ratio
  • 9.13%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $257,283Average earning assets
  • $20,186Average equity
  • $237,320Average loans

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