University State Bank in Tampa, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 01, 1995

University State Bank in Tampa, Florida (FL)
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University State Bank - Overview

General
FDIC Certificate #: 20139
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Pilot Bank (#27045)
Federal Reserve ID: 506137
Date Established: Febuary 26, 1970
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 13836
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: Febuary 26, 1970
Last Structure Change Effective Date: August 01, 1995
Last Structure Change Process Date: September 06, 1995
Last Data Update: September 06, 1995
Data Source Date: April 05, 2012
Location
Address: 2901 East Fowler Avenue, Tampa, FL 33682
County: Hillsborough
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)
Financial Summary
Total assets: $22.0 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)
$11Total assets
$20,286Cash and due from depository institutions
$948Interest-bearing balances
$0Securities
$5,719Federal funds sold & reverse repurchase agreements
$2,400Net loans & leases
$9,298Loan loss allowance
$431Trading account assets
$0Bank premises and fixed assets
$1,170Other real estate owned
$429Goodwill and other intangibles
$322Life insurance assets
$0All other assets
$0Total liabilities and capital
$20,286Total liabilities
$18,138Total deposits
$16,859Interest-bearing deposits
$12,469Deposits held in domestic offices
16859.00%% insured (estimated)
$94Federal funds purchased & repurchase agreements
$1,228Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$51Total equity capital
$51Total bank equity capital
$2,148Perpetual preferred stock
$0Common stock
$903Surplus
$1,354Undivided profits
Memoranda
$-109Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$278Income earned, not collected on loans
$52Earning assets
$17,417Long-term assets (5+ years)
$181Average Assets, year-to-date
$20,591Average Assets, quarterly
$20,643Volatile liabilities
$3,274Insider loans
$202FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$375Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,216Total risk weighted assets
$10,908Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$1,359Total interest expense
$518Net interest income
$841Provision for loan and lease losses
-$29Total noninterest income
$410Fiduciary activities
$0Service charges on deposit accounts
$375Trading account gains & fees
$0Additional noninterest income
$35Total noninterest expense
$885Salaries and employee benefits
$341Premises and equipment expense
$142Additional noninterest expense
$402Pre-tax net operating income
$395Securities gains (losses)
$0Applicable income taxes
$0Income before extraordinary items
$395Extraordinary gains - net
$62Net income attributable to bank
$457Net charge-offs
-$58Cash 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
7.69%Cost of funding earning assets
2.93%Net interest margin
4.76%Noninterest income to earning assets
2.32%Noninterest expense to earning assets
5.01%Net operating income to assets
1.92%Return on assets (ROA)
2.22%Pretax return on assets
2.22%Return on equity (ROE)
23.77%Retained earnings to average equity (YTD only)
23.77%Net charge-offs to loans
-0.53%Credit loss provision to net charge-offs
50.00%Efficiency ratio
70,743Assets per employee
1.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.43%Loss allowance to noncurrent loans
155.04%Noncurrent assets plus other real estate owned to assets
3.49%Noncurrent loans to loans
2.86%Net loans and leases to deposits
55.15%Net loans and leases to core deposits
62.77%Equity capital to assets
10.59%Core capital (leverage) ratio
11.00%Tier 1 risk-based capital ratio
20.32%Total risk-based capital ratio
Memoranda
$22Average assets
$20,591Average earning assets
$1,922Average equity
$17,667Average loans

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