Mid-State FSB in city_name, state_name - Detailed Financial Reports, Location

Mid-State FSB in Ocala, Florida (FL)
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Mid-State FSB - Overview

General
FDIC Certificate #: 28615
Status: Inactive
Closing history: Change in Location
Acquiring institution: AmSouth Bank of Florida (#27083)
Federal Reserve ID: 194972
Date Established: January 01, 1924
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 1957
FDIC's unique #: 41449
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: April 08, 1935
Last Structure Change Effective Date: December 10, 1993
Last Structure Change Process Date: December 20, 1993
Last Data Update: December 20, 1993
Data Source Date: April 05, 2012
Location
Address: 3232 S W College Road, Ocala, FL 34470
County: Marion
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): Ocala, FL (#5790)
Core Based Statistical Area (CBSA): Ocala, FL (#36100)
CBSA Metro Statistical Area: Ocala, FL (#36100)
History of Changes
Merger - Without Assistance
Change in Location
Financial Summary
Total assets: $734.5 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$286Total assets
$747,013Cash and due from depository institutions
$30,821Interest-bearing balances
$19,910Securities
$146,931Federal funds sold & reverse repurchase agreements
$8,744Net loans & leases
$513,306Loan loss allowance
$5,647Trading account assets
$0Bank premises and fixed assets
$12,902Other real estate owned
$9,848Goodwill and other intangibles
$16,592Life insurance assets
$7,869All other assets
$0Total liabilities and capital
$747,013Total liabilities
$688,808Total deposits
$660,213Interest-bearing deposits
$650,343Deposits held in domestic offices
660213.00%% insured (estimated)
$95Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$24,494Subordinated debt
$0All other liabilities
$4,101Total equity capital
$4,101Total bank equity capital
$58,205Perpetual preferred stock
$0Common stock
$2,092Surplus
$30,348Undivided profits
Memoranda
$25,765Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,373Income earned, not collected on loans
$2,962Earning assets
$688,891Long-term assets (5+ years)
$0Average Assets, year-to-date
$772,404Average Assets, quarterly
$748,831Volatile liabilities
$81,079Insider loans
$0FHLB advances
$24,494Loans and leases held for sale
$0Unused loan commitments
$14,616Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$49,005Total risk weighted assets
$392,197Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$61,751Total interest expense
$35,219Net interest income
$26,532Provision for loan and lease losses
$3,388Total noninterest income
$4,294Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$4,294Total noninterest expense
$19,989Salaries and employee benefits
$8,446Premises and equipment expense
$4,828Additional noninterest expense
$6,715Pre-tax net operating income
$7,449Securities gains (losses)
$320Applicable income taxes
$1,395Income before extraordinary items
$6,374Extraordinary gains - net
$0Net income attributable to bank
$6,374Net charge-offs
$2,788Cash dividends
$0Sale, conversion, retirement of capital stock, net
$348Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.68%Cost of funding earning assets
4.95%Net interest margin
3.73%Noninterest income to earning assets
0.60%Noninterest expense to earning assets
2.81%Net operating income to assets
0.79%Return on assets (ROA)
0.83%Pretax return on assets
1.01%Return on equity (ROE)
11.70%Retained earnings to average equity (YTD only)
11.70%Net charge-offs to loans
0.52%Credit loss provision to net charge-offs
121.52%Efficiency ratio
63,106Assets per employee
2.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.09%Loss allowance to noncurrent loans
129.13%Noncurrent assets plus other real estate owned to assets
1.90%Noncurrent loans to loans
0.84%Net loans and leases to deposits
77.75%Net loans and leases to core deposits
85.04%Equity capital to assets
7.79%Core capital (leverage) ratio
6.65%Tier 1 risk-based capital ratio
12.49%Total risk-based capital ratio
Memoranda
$14Average assets
$772,404Average earning assets
$54,464Average equity
$711,645Average loans

Patricia Vine

⚠

My father and mother, Walter J. Szturma & Josephine B. Szturma, had several CDs #02-70985181, #02-709852215, #02-70985199, #02-70527140 with California Federal Savings & Loan Assoc., Inverness, FL in the 1980-90's. I understand American South Bank of Florida took over this bank. I would like to know if these CDs were ever cashed in by my parents. Thank you.

Mid-State FSB in Ocala, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Mid-State FSB - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

Mid-State FSB in Ocala, Florida (FL)Overview, Financial Summary, Detailed Financial Reports, Branches

Mid-State FSB - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

Mid-State FSB in Ocala, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches