The Quincy State Bank in Quincy, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 20, 2004

  • The Quincy State Bank in Quincy, Florida (FL)
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The Quincy State Bank - Overview

  • General
  • FDIC Certificate #: 21295
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Capital City Bank (#9622)
    Federal Reserve ID: 778532
    Date Established: August 20, 1889
    WWW: http://www.quincystatebank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 14736
    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: October 30, 1973
    Last Structure Change Effective Date: March 20, 2004
    Last Structure Change Process Date: April 12, 2004
    Last Data Update: April 12, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 4 East Washington Street, Quincy, FL 32351
    County: Gadsden
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Gainesville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Tallahassee, FL (#8240)
    Core Based Statistical Area (CBSA): Tallahassee, FL (#45220)
    CBSA Metro Statistical Area: Tallahassee, FL (#45220)
  • Financial Summary
  • Total assets: $127.2 mil

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

2000 - 2011 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, 2003)

  • Dollar figures in thousands
  • 33Total employees (full-time equivalent)
  • $127,168Total assets
  • $5,995Cash and due from depository institutions
  • $200Interest-bearing balances
  • $9,970Securities
  • $18,539Federal funds sold & reverse repurchase agreements
  • $89,492Net loans & leases
  • $1,285Loan loss allowance
  • $0Trading account assets
  • $2,084Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,088All other assets
  • $127,168Total liabilities and capital
  • $115,644Total liabilities
  • $101,702Total deposits
  • $79,746Interest-bearing deposits
  • $101,702Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $10,217Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $3,000Other borrowed funds
  • $0Subordinated debt
  • $725All other liabilities
  • $11,524Total equity capital
  • $11,524Total bank equity capital
  • $11,524Perpetual preferred stock
  • $0Common stock
  • $400Surplus
  • $2,593Undivided profits
  • Memoranda
  • $8,531Noncurrent loans and leases
  • $26,220Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $351Earning assets
  • $0Long-term assets (5+ years)
  • $321Average Assets, year-to-date
  • $118,201Average Assets, quarterly
  • $22,390Volatile liabilities
  • $125,764Insider loans
  • $123,195FHLB advances
  • $27,762Loans and leases held for sale
  • $2,363Unused loan commitments
  • $3,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $26,220Total unused commitments
  • $161Restructured Loans and leases
  • $1,285Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $6,790Total interest income
  • $1,249Total interest expense
  • $5,541Net interest income
  • $90Provision for loan and lease losses
  • $2,128Total noninterest income
  • $0Fiduciary activities
  • $1,439Service charges on deposit accounts
  • $0Trading account gains & fees
  • $689Additional noninterest income
  • $3,285Total noninterest expense
  • $1,701Salaries and employee benefits
  • $275Premises and equipment expense
  • $1,309Additional noninterest expense
  • $4,294Pre-tax net operating income
  • $167Securities gains (losses)
  • $1,698Applicable income taxes
  • $2,763Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,763Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $45Sale, conversion, retirement of capital stock, net
  • $1,488Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.84%Yield on earning assets
  • 1.07%Cost of funding earning assets
  • 4.77%Net interest margin
  • 1.83%Noninterest income to earning assets
  • 2.83%Noninterest expense to earning assets
  • 2.11%Net operating income to assets
  • 2.20%Return on assets (ROA)
  • 3.55%Pretax return on assets
  • 25.10%Return on equity (ROE)
  • 11.58%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 200.00%Credit loss provision to net charge-offs
  • 97.42%Efficiency ratio
  • 42,835Assets per employee
  • 3.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 53.85%Loss allowance to loans
  • 1.42%Loss allowance to noncurrent loans
  • 366.10%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.39%Net loans and leases to deposits
  • 87.99%Net loans and leases to core deposits
  • 106.34%Equity capital to assets
  • 9.06%Core capital (leverage) ratio
  • 9.12%Tier 1 risk-based capital ratio
  • 10.11%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $125,764Average earning assets
  • $11,008Average equity
  • $116,249Average loans

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