SouthTrust Bank of Florida, National Association in St. Petersburg, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 02, 1997

  • SouthTrust Bank of Florida, National Association in St. Petersburg, Florida (FL)
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SouthTrust Bank of Florida, National Association - Overview

  • General
  • FDIC Certificate #: 21679
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SouthTrust Bank (#849)
    Federal Reserve ID: 764834
    Date Established: June 26, 1974
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 144 (Interstate: No)
    OTS Docket #: 10563
    FDIC's unique #: 15001
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: June 26, 1974
    Last Structure Change Effective Date: June 02, 1997
    Last Structure Change Process Date: June 13, 1997
    Last Data Update: June 14, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 150 2nd Avenue North, St. Petersburg, FL 33733
    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: $5,344.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $1,521Total assets
  • $4,892,694Cash and due from depository institutions
  • $263,327Interest-bearing balances
  • $44,302Securities
  • $742,050Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $3,612,464Loan loss allowance
  • $51,058Trading account assets
  • $0Bank premises and fixed assets
  • $102,964Other real estate owned
  • $4,690Goodwill and other intangibles
  • $62,793Life insurance assets
  • $104,406All other assets
  • $0Total liabilities and capital
  • $4,892,694Total liabilities
  • $4,464,939Total deposits
  • $4,014,770Interest-bearing deposits
  • $3,445,951Deposits held in domestic offices
  • 4014770.00%% insured (estimated)
  • $83Federal funds purchased & repurchase agreements
  • $87,970Trading liabilities
  • $0Other borrowed funds
  • $313,000Subordinated debt
  • $4,600All other liabilities
  • $44,599Total equity capital
  • $44,599Total bank equity capital
  • $427,755Perpetual preferred stock
  • $0Common stock
  • $10,000Surplus
  • $288,303Undivided profits
  • Memoranda
  • $129,452Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $25,145Income earned, not collected on loans
  • $21,134Earning assets
  • $4,398,816Long-term assets (5+ years)
  • $1,042,643Average Assets, year-to-date
  • $4,217,401Average Assets, quarterly
  • $4,672,731Volatile liabilities
  • $650,567Insider loans
  • $6,510FHLB advances
  • $0Loans and leases held for sale
  • $450Unused loan commitments
  • $588,084Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $324,419Total risk weighted assets
  • $3,553,862Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $312,542Total interest expense
  • $147,459Net interest income
  • $165,083Provision for loan and lease losses
  • $15,365Total noninterest income
  • $31,080Fiduciary activities
  • $0Service charges on deposit accounts
  • $20,934Trading account gains & fees
  • $0Additional noninterest income
  • $10,146Total noninterest expense
  • $122,990Salaries and employee benefits
  • $51,428Premises and equipment expense
  • $15,830Additional noninterest expense
  • $55,732Pre-tax net operating income
  • $57,808Securities gains (losses)
  • $77Applicable income taxes
  • $22,502Income before extraordinary items
  • $35,383Extraordinary gains - net
  • $0Net income attributable to bank
  • $35,383Net charge-offs
  • $7,459Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.21%Cost of funding earning assets
  • 3.87%Net interest margin
  • 4.34%Noninterest income to earning assets
  • 0.82%Noninterest expense to earning assets
  • 3.23%Net operating income to assets
  • 0.84%Return on assets (ROA)
  • 0.84%Pretax return on assets
  • 1.37%Return on equity (ROE)
  • 9.49%Retained earnings to average equity (YTD only)
  • 9.49%Net charge-offs to loans
  • 0.23%Credit loss provision to net charge-offs
  • 205.99%Efficiency ratio
  • 58,642Assets per employee
  • 3.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.39%Loss allowance to noncurrent loans
  • 203.05%Noncurrent assets plus other real estate owned to assets
  • 0.61%Noncurrent loans to loans
  • 0.69%Net loans and leases to deposits
  • 89.98%Net loans and leases to core deposits
  • 101.33%Equity capital to assets
  • 8.74%Core capital (leverage) ratio
  • 7.25%Tier 1 risk-based capital ratio
  • 9.13%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $4,217,401Average earning assets
  • $373,016Average equity
  • $3,807,947Average loans

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