Sun Bank and Trust Company in Brooksville, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 12, 1995

  • Sun Bank and Trust Company in Brooksville, Florida (FL)
  • Show street view No street view available for this location

Sun Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 145
    Status: Inactive
    Closing history: Change in Location
    Acquiring institution: SunTrust Bank, Nature Coast (#27123)
    Federal Reserve ID: 342139
    Date Established: June 08, 1905
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 31 (Interstate: No)
    FDIC's unique #: 112
    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: January 01, 1934
    Last Structure Change Effective Date: May 12, 1995
    Last Structure Change Process Date: May 23, 1995
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 1 East Jefferson Street, Brooksville, FL 34601
    County: Hernando
    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)
  • History of Changes
  • Merger - Without Assistance
    Change in Location
  • Financial Summary
  • Total assets: $1,094.5 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)
  • $391Total assets
  • $1,082,892Cash and due from depository institutions
  • $27,095Interest-bearing balances
  • $175Securities
  • $137,238Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $866,887Loan loss allowance
  • $14,971Trading account assets
  • $0Bank premises and fixed assets
  • $21,029Other real estate owned
  • $2,807Goodwill and other intangibles
  • $18,408Life insurance assets
  • $9,428All other assets
  • $0Total liabilities and capital
  • $1,082,892Total liabilities
  • $991,458Total deposits
  • $930,788Interest-bearing deposits
  • $829,247Deposits held in domestic offices
  • 930788.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $55,760Trading liabilities
  • $0Other borrowed funds
  • $768Subordinated debt
  • $0All other liabilities
  • $4,142Total equity capital
  • $4,142Total bank equity capital
  • $91,434Perpetual preferred stock
  • $0Common stock
  • $4,000Surplus
  • $38,290Undivided profits
  • Memoranda
  • $49,144Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12,520Income earned, not collected on loans
  • $4,617Earning assets
  • $1,004,300Long-term assets (5+ years)
  • $65,447Average Assets, year-to-date
  • $1,044,678Average Assets, quarterly
  • $1,077,277Volatile liabilities
  • $101,867Insider loans
  • $18,585FHLB advances
  • $0Loans and leases held for sale
  • $42Unused loan commitments
  • $144,211Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $84,782Total risk weighted assets
  • $657,890Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $69,300Total interest expense
  • $25,236Net interest income
  • $44,064Provision for loan and lease losses
  • $2,801Total noninterest income
  • $11,370Fiduciary activities
  • $3,526Service charges on deposit accounts
  • $3,841Trading account gains & fees
  • $0Additional noninterest income
  • $4,003Total noninterest expense
  • $32,623Salaries and employee benefits
  • $12,479Premises and equipment expense
  • $4,489Additional noninterest expense
  • $15,655Pre-tax net operating income
  • $20,010Securities gains (losses)
  • $0Applicable income taxes
  • $7,104Income before extraordinary items
  • $12,906Extraordinary gains - net
  • $0Net income attributable to bank
  • $12,906Net charge-offs
  • $1,964Cash dividends
  • $6,000Sale, 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
  • 7.16%Cost of funding earning assets
  • 2.61%Net interest margin
  • 4.55%Noninterest income to earning assets
  • 1.17%Noninterest expense to earning assets
  • 3.37%Net operating income to assets
  • 1.24%Return on assets (ROA)
  • 1.24%Pretax return on assets
  • 1.92%Return on equity (ROE)
  • 14.86%Retained earnings to average equity (YTD only)
  • 7.95%Net charge-offs to loans
  • 0.24%Credit loss provision to net charge-offs
  • 142.62%Efficiency ratio
  • 57,849Assets per employee
  • 2.77%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 46.49%Loss allowance to loans
  • 1.70%Loss allowance to noncurrent loans
  • 119.58%Noncurrent assets plus other real estate owned to assets
  • 1.42%Noncurrent loans to loans
  • 1.42%Net loans and leases to deposits
  • 93.13%Net loans and leases to core deposits
  • 97.90%Equity capital to assets
  • 8.44%Core capital (leverage) ratio
  • 7.98%Tier 1 risk-based capital ratio
  • 12.89%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $1,044,678Average earning assets
  • $86,863Average equity
  • $967,808Average loans

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