SouthTrust Bank of Central Florida in city_name, state_name

SouthTrust Bank of Central Florida in Ocala, Florida (FL)
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SouthTrust Bank of Central Florida - Overview

General
FDIC Certificate #: 18781
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: SouthTrust Bank of Central Florida (#22146)
Federal Reserve ID: 301930
Date Established: May 15, 1963
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 11 (Interstate: No)
FDIC's unique #: 12642
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: May 15, 1963
Last Structure Change Effective Date: September 01, 1995
Last Structure Change Process Date: September 27, 1995
Last Data Update: September 27, 1995
Data Source Date: April 05, 2012
Location
Address: 2001 S.W. 17th Street, Ocala, FL 34474
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)
Financial Summary
Total assets: $312.3 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)
$114Total assets
$281,332Cash and due from depository institutions
$11,011Interest-bearing balances
$3,000Securities
$57,470Federal funds sold & reverse repurchase agreements
$7,250Net loans & leases
$182,584Loan loss allowance
$2,734Trading account assets
$0Bank premises and fixed assets
$9,921Other real estate owned
$1,158Goodwill and other intangibles
$4,025Life insurance assets
$7,913All other assets
$0Total liabilities and capital
$281,332Total liabilities
$257,501Total deposits
$255,339Interest-bearing deposits
$224,608Deposits held in domestic offices
255339.00%% insured (estimated)
$95Federal funds purchased & repurchase agreements
$78Trading liabilities
$0Other borrowed funds
$830Subordinated debt
$0All other liabilities
$1,254Total equity capital
$1,254Total bank equity capital
$23,831Perpetual preferred stock
$0Common stock
$2,250Surplus
$21,202Undivided profits
Memoranda
$379Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$814Income earned, not collected on loans
$1,061Earning assets
$250,304Long-term assets (5+ years)
$31,418Average Assets, year-to-date
$191,686Average Assets, quarterly
$248,407Volatile liabilities
$24,285Insider loans
$1,845FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$28,346Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$16,533Total risk weighted assets
$188,994Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$12,415Total interest expense
$4,754Net interest income
$7,661Provision for loan and lease losses
$822Total noninterest income
$1,783Fiduciary activities
$0Service charges on deposit accounts
$1,420Trading account gains & fees
$0Additional noninterest income
$363Total noninterest expense
$6,204Salaries and employee benefits
$2,788Premises and equipment expense
$861Additional noninterest expense
$2,555Pre-tax net operating income
$2,418Securities gains (losses)
$0Applicable income taxes
$948Income before extraordinary items
$1,470Extraordinary gains - net
$0Net income attributable to bank
$1,470Net charge-offs
-$34Cash dividends
$0Sale, 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
7.14%Cost of funding earning assets
2.73%Net interest margin
4.41%Noninterest income to earning assets
1.03%Noninterest expense to earning assets
3.57%Net operating income to assets
0.77%Return on assets (ROA)
0.77%Pretax return on assets
1.26%Return on equity (ROE)
9.14%Retained earnings to average equity (YTD only)
9.14%Net charge-offs to loans
-0.03%Credit loss provision to net charge-offs
-2417.65%Efficiency ratio
65,428Assets per employee
2.47%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.48%Loss allowance to noncurrent loans
335.87%Noncurrent assets plus other real estate owned to assets
0.70%Noncurrent loans to loans
0.44%Net loans and leases to deposits
71.51%Net loans and leases to core deposits
78.71%Equity capital to assets
8.47%Core capital (leverage) ratio
7.36%Tier 1 risk-based capital ratio
8.75%Total risk-based capital ratio
Memoranda
$10Average assets
$191,686Average earning assets
$16,078Average equity
$173,892Average loans

SouthTrust Bank of Central Florida in Ocala, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

SouthTrust Bank of Central Florida - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

SouthTrust Bank of Central Florida in Ocala, Florida (FL)Overview, Financial Summary, Detailed Financial Reports, Branches

SouthTrust Bank of Central Florida - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

SouthTrust Bank of Central Florida in Ocala, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches