SunTrust Bank, Alabama, National Association in Florence, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2000

  • SunTrust Bank, Alabama, National Association in Florence, Alabama (AL)
  • Show street view No street view available for this location

SunTrust Bank, Alabama, National Association - Overview

  • General
  • FDIC Certificate #: 2797
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SunTrust Bank (#867)
    Federal Reserve ID: 623137
    Date Established: January 01, 1889
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 9 (Interstate: No)
    FDIC's unique #: 1826
    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: January 01, 1934
    Last Structure Change Effective Date: January 01, 2000
    Last Structure Change Process Date: March 29, 2000
    Last Data Update: March 29, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 South Court Street, Florence, AL 35630
    County: Lauderdale
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Shelby
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Florence, AL (#2650)
    Core Based Statistical Area (CBSA): Florence-Muscle Shoals, AL (#22520)
    CBSA Metro Statistical Area: Florence-Muscle Shoals, AL (#22520)
  • Financial Summary
  • Total assets: $380.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 1999)

  • Dollar figures in thousands
  • 135Total employees (full-time equivalent)
  • $380,737Total assets
  • $11,942Cash and due from depository institutions
  • $198Interest-bearing balances
  • $51,723Securities
  • $15,000Federal funds sold & reverse repurchase agreements
  • $288,001Net loans & leases
  • $5,244Loan loss allowance
  • $0Trading account assets
  • $7,529Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $6,542All other assets
  • $380,737Total liabilities and capital
  • $351,539Total liabilities
  • $281,253Total deposits
  • $241,126Interest-bearing deposits
  • $281,253Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $46,020Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $20,554Other borrowed funds
  • $0Subordinated debt
  • $3,712All other liabilities
  • $29,198Total equity capital
  • $29,198Total bank equity capital
  • $29,198Perpetual preferred stock
  • $0Common stock
  • $300Surplus
  • $11,700Undivided profits
  • Memoranda
  • $17,198Noncurrent loans and leases
  • $97,683Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,441Earning assets
  • $0Long-term assets (5+ years)
  • $1,717Average Assets, year-to-date
  • $354,922Average Assets, quarterly
  • $73,598Volatile liabilities
  • $372,719Insider loans
  • $377,545FHLB advances
  • $82,874Loans and leases held for sale
  • $2,469Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $97,683Total unused commitments
  • $0Restructured Loans and leases
  • $3,932Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $26,029Total interest income
  • $11,896Total interest expense
  • $14,133Net interest income
  • $600Provision for loan and lease losses
  • $4,248Total noninterest income
  • $745Fiduciary activities
  • $1,698Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,805Additional noninterest income
  • $11,099Total noninterest expense
  • $4,983Salaries and employee benefits
  • $1,213Premises and equipment expense
  • $4,903Additional noninterest expense
  • $6,682Pre-tax net operating income
  • -$162Securities gains (losses)
  • $2,421Applicable income taxes
  • $4,099Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,099Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $303Sale, conversion, retirement of capital stock, net
  • $4,600Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.43%Yield on earning assets
  • 3.39%Cost of funding earning assets
  • 4.03%Net interest margin
  • 1.21%Noninterest income to earning assets
  • 3.17%Noninterest expense to earning assets
  • 1.13%Net operating income to assets
  • 1.10%Return on assets (ROA)
  • 1.75%Pretax return on assets
  • 13.67%Return on equity (ROE)
  • -1.67%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 198.02%Credit loss provision to net charge-offs
  • 24.03%Efficiency ratio
  • 60,383Assets per employee
  • 2.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 112.22%Loss allowance to loans
  • 1.79%Loss allowance to noncurrent loans
  • 363.91%Noncurrent assets plus other real estate owned to assets
  • 0.38%Noncurrent loans to loans
  • 0.49%Net loans and leases to deposits
  • 102.40%Net loans and leases to core deposits
  • 115.22%Equity capital to assets
  • 7.67%Core capital (leverage) ratio
  • 7.84%Tier 1 risk-based capital ratio
  • 9.44%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $372,719Average earning assets
  • $29,991Average equity
  • $350,491Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with SunTrust Bank, Alabama, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents