Signature Bank in Saint Petersburg, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 03, 2007

  • Signature Bank in Saint Petersburg, Florida (FL)
  • Show street view No street view available for this location

Signature Bank - Overview

  • General
  • FDIC Certificate #: 35234
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Whitney National Bank (#18538)
    Federal Reserve ID: 2848671
    Date Established: September 22, 1999
    WWW: http://www.signaturebkfl.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Interstate: No)
    FDIC's unique #: 76791
    Numeric code: 21
    Regulator: FDIC
    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: September 22, 1999
    Last Structure Change Effective Date: March 03, 2007
    Last Structure Change Process Date: April 12, 2007
    Last Data Update: April 12, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: Chamber Commerce Building, 100 Second Avenue North, Saint Petersburg, FL 33701
    County: Pinellas
    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)
  • Financial Summary
  • Total assets: $268.9 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, 2006)

  • Dollar figures in thousands
  • 58Total employees (full-time equivalent)
  • $268,937Total assets
  • $5,820Cash and due from depository institutions
  • $995Interest-bearing balances
  • $33,268Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $213,804Net loans & leases
  • $2,721Loan loss allowance
  • $0Trading account assets
  • $7,708Bank premises and fixed assets
  • $1,500Other real estate owned
  • $0Goodwill and other intangibles
  • $2,605Life insurance assets
  • $6,837All other assets
  • $268,937Total liabilities and capital
  • $248,706Total liabilities
  • $222,998Total deposits
  • $207,364Interest-bearing deposits
  • $222,998Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,602Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $22,000Other borrowed funds
  • $0Subordinated debt
  • $1,106All other liabilities
  • $20,231Total equity capital
  • $20,231Total bank equity capital
  • $20,231Perpetual preferred stock
  • $0Common stock
  • $4,861Surplus
  • $11,447Undivided profits
  • Memoranda
  • $3,923Noncurrent loans and leases
  • $60,089Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $192Earning assets
  • $0Long-term assets (5+ years)
  • $1,402Average Assets, year-to-date
  • $248,067Average Assets, quarterly
  • $26,172Volatile liabilities
  • $252,060Insider loans
  • $268,276FHLB advances
  • $75,013Loans and leases held for sale
  • $2,163Unused loan commitments
  • $22,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $60,089Total unused commitments
  • $24Restructured Loans and leases
  • $2,721Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $17,581Total interest income
  • $7,314Total interest expense
  • $10,267Net interest income
  • $1,677Provision for loan and lease losses
  • $1,139Total noninterest income
  • $0Fiduciary activities
  • $452Service charges on deposit accounts
  • $0Trading account gains & fees
  • $687Additional noninterest income
  • $7,687Total noninterest expense
  • $4,533Salaries and employee benefits
  • $1,226Premises and equipment expense
  • $1,928Additional noninterest expense
  • $2,042Pre-tax net operating income
  • $0Securities gains (losses)
  • $582Applicable income taxes
  • $1,460Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,460Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,106Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.60%Yield on earning assets
  • 3.16%Cost of funding earning assets
  • 4.44%Net interest margin
  • 0.49%Noninterest income to earning assets
  • 3.32%Noninterest expense to earning assets
  • 0.58%Net operating income to assets
  • 0.58%Return on assets (ROA)
  • 0.81%Pretax return on assets
  • 7.92%Return on equity (ROE)
  • 7.92%Retained earnings to average equity (YTD only)
  • 0.56%Net charge-offs to loans
  • 151.63%Credit loss provision to net charge-offs
  • 3.36%Efficiency ratio
  • 67,394Assets per employee
  • 4.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 1417.19%Noncurrent assets plus other real estate owned to assets
  • 0.63%Noncurrent loans to loans
  • 0.09%Net loans and leases to deposits
  • 95.88%Net loans and leases to core deposits
  • 128.34%Equity capital to assets
  • 7.52%Core capital (leverage) ratio
  • 7.73%Tier 1 risk-based capital ratio
  • 8.90%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $252,060Average earning assets
  • $18,444Average equity
  • $231,241Average loans

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