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

This bank is inactive as of December 15, 1995

  • SouthTrust Bank of Southwest Florida National Association in Fort Myers, Florida (FL)
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SouthTrust Bank of Southwest Florida National Association - Overview

  • General
  • FDIC Certificate #: 26630
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SouthTrust Bank of Florida, National Association (#21679)
    Federal Reserve ID: 154837
    Date Established: April 07, 1986
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 16 (Interstate: No)
    FDIC's unique #: 35362
    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: April 07, 1986
    Last Structure Change Effective Date: December 15, 1995
    Last Structure Change Process Date: December 27, 1995
    Last Data Update: December 27, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 1530 Heitman Street, Fort Myers, FL 33901
    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: $444.3 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)
  • $132Total assets
  • $394,758Cash and due from depository institutions
  • $14,598Interest-bearing balances
  • $346Securities
  • $36,740Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $318,769Loan loss allowance
  • $3,816Trading account assets
  • $0Bank premises and fixed assets
  • $5,612Other real estate owned
  • $2,303Goodwill and other intangibles
  • $5,922Life insurance assets
  • $10,814All other assets
  • $0Total liabilities and capital
  • $394,758Total liabilities
  • $356,195Total deposits
  • $285,543Interest-bearing deposits
  • $246,589Deposits held in domestic offices
  • 285543.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $68,830Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,822Total equity capital
  • $1,822Total bank equity capital
  • $38,563Perpetual preferred stock
  • $0Common stock
  • $1,100Surplus
  • $32,143Undivided profits
  • Memoranda
  • $5,320Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,157Income earned, not collected on loans
  • $2,337Earning assets
  • $355,855Long-term assets (5+ years)
  • $77,649Average Assets, year-to-date
  • $336,681Average Assets, quarterly
  • $383,877Volatile liabilities
  • $110,383Insider loans
  • $2,605FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $37,201Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $28,445Total risk weighted assets
  • $258,821Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $20,705Total interest expense
  • $8,656Net interest income
  • $12,049Provision for loan and lease losses
  • $900Total noninterest income
  • $1,672Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,262Trading account gains & fees
  • $0Additional noninterest income
  • $410Total noninterest expense
  • $11,468Salaries and employee benefits
  • $4,400Premises and equipment expense
  • $1,830Additional noninterest expense
  • $5,238Pre-tax net operating income
  • $1,353Securities gains (losses)
  • $0Applicable income taxes
  • $681Income before extraordinary items
  • $672Extraordinary gains - net
  • $0Net income attributable to bank
  • $672Net charge-offs
  • $735Cash 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
  • 6.87%Cost of funding earning assets
  • 2.87%Net interest margin
  • 4.00%Noninterest income to earning assets
  • 0.55%Noninterest expense to earning assets
  • 3.81%Net operating income to assets
  • 0.20%Return on assets (ROA)
  • 0.20%Pretax return on assets
  • 0.40%Return on equity (ROE)
  • 1.91%Retained earnings to average equity (YTD only)
  • 1.91%Net charge-offs to loans
  • 0.28%Credit loss provision to net charge-offs
  • 122.45%Efficiency ratio
  • 77,349Assets per employee
  • 2.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.18%Loss allowance to noncurrent loans
  • 53.32%Noncurrent assets plus other real estate owned to assets
  • 2.40%Noncurrent loans to loans
  • 2.22%Net loans and leases to deposits
  • 111.64%Net loans and leases to core deposits
  • 130.65%Equity capital to assets
  • 9.77%Core capital (leverage) ratio
  • 7.59%Tier 1 risk-based capital ratio
  • 10.99%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $336,681Average earning assets
  • $35,099Average equity
  • $301,311Average loans

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