Orion Bank in Naples, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 13, 2009

  • Orion Bank in Naples, Florida (FL)
  • Show street view No street view available for this location

Orion Bank - Overview

  • General
  • FDIC Certificate #: 22427
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: Iberiabank (#28100)
    Federal Reserve ID: 270036
    Date Established: Febuary 28, 1977
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 23 (Interstate: No)
    OTS Docket #: 12324
    FDIC's unique #: 15626
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 28, 1977
    Last Structure Change Effective Date: November 13, 2009
    Last Structure Change Process Date: November 16, 2009
    Last Data Update: November 16, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 2150 Goodlette Road North, Naples, FL 34102
    County: Collier
    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): Naples, FL (#5345)
    Core Based Statistical Area (CBSA): Naples-Marco Island, FL (#34940)
    CBSA Metro Statistical Area: Naples-Marco Island, FL (#34940)
  • Financial Summary
  • Total assets: $2,612.5 mil

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

2000 - 2011 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, 2008)

  • Dollar figures in thousands
  • 257Total employees (full-time equivalent)
  • $2,841,164Total assets
  • $226,818Cash and due from depository institutions
  • $201,922Interest-bearing balances
  • $430,836Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,943,554Net loans & leases
  • $54,396Loan loss allowance
  • $0Trading account assets
  • $74,417Bank premises and fixed assets
  • $25,557Other real estate owned
  • $0Goodwill and other intangibles
  • $49,125Life insurance assets
  • $139,982All other assets
  • $2,841,164Total liabilities and capital
  • $2,704,750Total liabilities
  • $2,238,469Total deposits
  • $2,130,348Interest-bearing deposits
  • $2,238,469Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $72,741Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $362,500Other borrowed funds
  • $15,000Subordinated debt
  • $16,040All other liabilities
  • $136,414Total equity capital
  • $136,414Total bank equity capital
  • $136,414Perpetual preferred stock
  • $0Common stock
  • $3,300Surplus
  • $91,229Undivided profits
  • Memoranda
  • $41,885Noncurrent loans and leases
  • $197,329Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $164,628Earning assets
  • $0Long-term assets (5+ years)
  • $11,587Average Assets, year-to-date
  • $2,576,312Average Assets, quarterly
  • $415,950Volatile liabilities
  • $2,797,075Insider loans
  • $2,780,309FHLB advances
  • $686,233Loans and leases held for sale
  • $27,294Unused loan commitments
  • $362,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $197,329Total unused commitments
  • $0Restructured Loans and leases
  • $40,963Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $151,005Total interest income
  • $87,532Total interest expense
  • $63,473Net interest income
  • $54,650Provision for loan and lease losses
  • $5,810Total noninterest income
  • $0Fiduciary activities
  • $2,303Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,507Additional noninterest income
  • $48,851Total noninterest expense
  • $22,543Salaries and employee benefits
  • $8,255Premises and equipment expense
  • $18,053Additional noninterest expense
  • -$34,218Pre-tax net operating income
  • $40Securities gains (losses)
  • -$13,714Applicable income taxes
  • -$20,464Income before extraordinary items
  • $0Extraordinary gains - net
  • -$20,464Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $68,254Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.94%Yield on earning assets
  • 3.44%Cost of funding earning assets
  • 2.50%Net interest margin
  • 0.23%Noninterest income to earning assets
  • 1.92%Noninterest expense to earning assets
  • -0.73%Net operating income to assets
  • -0.73%Return on assets (ROA)
  • -1.22%Pretax return on assets
  • -13.09%Return on equity (ROE)
  • -13.09%Retained earnings to average equity (YTD only)
  • 3.33%Net charge-offs to loans
  • 80.07%Credit loss provision to net charge-offs
  • 0.30%Efficiency ratio
  • 70,509Assets per employee
  • 11.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.72%Loss allowance to noncurrent loans
  • 33.04%Noncurrent assets plus other real estate owned to assets
  • 6.69%Noncurrent loans to loans
  • 8.24%Net loans and leases to deposits
  • 86.83%Net loans and leases to core deposits
  • 107.11%Equity capital to assets
  • 4.80%Core capital (leverage) ratio
  • 5.08%Tier 1 risk-based capital ratio
  • 7.05%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $2,797,075Average earning assets
  • $156,385Average equity
  • $2,542,957Average loans

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