SouthTrust Bank of Southwest Florida, National Association in Cape Coral, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 30, 1993

  • SouthTrust Bank of Southwest Florida, National Association in Cape Coral, Florida (FL)
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SouthTrust Bank of Southwest Florida, National Association - Overview

  • General
  • FDIC Certificate #: 25920
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SouthTrust Bank of Southwest Florida National Association (#26630)
    Federal Reserve ID: 154837
    Date Established: March 11, 1985
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Interstate: No)
    FDIC's unique #: 32184
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: March 11, 1985
    Last Structure Change Effective Date: December 30, 1993
    Last Structure Change Process Date: January 06, 1994
    Last Data Update: January 06, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 2503 Del Prado Boulevard, Cape Coral, FL 33904
    County: Lee
    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): Fort Myers-Cape Coral, FL (#2700)
    Core Based Statistical Area (CBSA): Cape Coral-Fort Myers, FL (#15980)
    CBSA Metro Statistical Area: Cape Coral-Fort Myers, FL (#15980)
  • Financial Summary
  • Total assets: $168.4 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $75Total assets
  • $164,402Cash and due from depository institutions
  • $10,004Interest-bearing balances
  • $95Securities
  • $18,650Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $120,248Loan loss allowance
  • $1,641Trading account assets
  • $0Bank premises and fixed assets
  • $3,802Other real estate owned
  • $2,087Goodwill and other intangibles
  • $1,812Life insurance assets
  • $7,799All other assets
  • $0Total liabilities and capital
  • $164,402Total liabilities
  • $145,584Total deposits
  • $134,915Interest-bearing deposits
  • $116,051Deposits held in domestic offices
  • 134915.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $10,041Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $628Total equity capital
  • $628Total bank equity capital
  • $18,818Perpetual preferred stock
  • $0Common stock
  • $1,100Surplus
  • $13,634Undivided profits
  • Memoranda
  • $4,084Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $819Income earned, not collected on loans
  • $645Earning assets
  • $138,993Long-term assets (5+ years)
  • $22,365Average Assets, year-to-date
  • $159,096Average Assets, quarterly
  • $160,088Volatile liabilities
  • $23,420Insider loans
  • $10FHLB advances
  • $0Loans and leases held for sale
  • $3,792Unused loan commitments
  • $17,986Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $11,019Total risk weighted assets
  • $101,577Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $12,371Total interest expense
  • $5,139Net interest income
  • $7,232Provision for loan and lease losses
  • $283Total noninterest income
  • $1,930Fiduciary activities
  • $0Service charges on deposit accounts
  • $671Trading account gains & fees
  • $0Additional noninterest income
  • $1,259Total noninterest expense
  • $6,786Salaries and employee benefits
  • $2,789Premises and equipment expense
  • $1,140Additional noninterest expense
  • $2,857Pre-tax net operating income
  • $2,093Securities gains (losses)
  • $0Applicable income taxes
  • $840Income before extraordinary items
  • $1,253Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,253Net charge-offs
  • $174Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.03%Cost of funding earning assets
  • 3.75%Net interest margin
  • 5.28%Noninterest income to earning assets
  • 1.41%Noninterest expense to earning assets
  • 4.95%Net operating income to assets
  • 0.79%Return on assets (ROA)
  • 0.79%Pretax return on assets
  • 1.32%Return on equity (ROE)
  • 6.89%Retained earnings to average equity (YTD only)
  • 6.89%Net charge-offs to loans
  • 0.15%Credit loss provision to net charge-offs
  • 162.64%Efficiency ratio
  • 67,431Assets per employee
  • 2.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.35%Loss allowance to noncurrent loans
  • 200.37%Noncurrent assets plus other real estate owned to assets
  • 1.77%Noncurrent loans to loans
  • 0.67%Net loans and leases to deposits
  • 89.13%Net loans and leases to core deposits
  • 98.94%Equity capital to assets
  • 11.45%Core capital (leverage) ratio
  • 7.35%Tier 1 risk-based capital ratio
  • 10.85%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $159,096Average earning assets
  • $18,176Average equity
  • $137,038Average loans

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