Wakulla Bank in city_name, state_name - Detailed Financial Reports, Location

Wakulla Bank in Crawfordville, Florida (FL)
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Wakulla Bank - Overview

General
FDIC Certificate #: 21777
Status: Inactive
Closing history: Absorption - Assisted
Acquiring institution: Centennial Bank (#11241)
Federal Reserve ID: 16337
Date Established: October 01, 1974
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 12 (Interstate: No)
FDIC's unique #: 15082
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: October 01, 1974
Last Structure Change Effective Date: October 01, 2010
Last Structure Change Process Date: October 05, 2010
Last Data Update: October 05, 2010
Data Source Date: April 05, 2012
Location
Address: 2932 Crawfordville Highway, Crawfordville, FL 32327
County: Wakulla
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
Core Based Statistical Area (CBSA): Tallahassee, FL (#45220)
CBSA Metro Statistical Area: Tallahassee, FL (#45220)
Financial Summary
Total assets: $402.2 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, 2009)

Dollar figures in thousands
142Total employees (full-time equivalent)
$467,880Total assets
$10,307Cash and due from depository institutions
$263Interest-bearing balances
$70,442Securities
$18,059Federal funds sold & reverse repurchase agreements
$313,110Net loans & leases
$13,007Loan loss allowance
$0Trading account assets
$19,741Bank premises and fixed assets
$9,755Other real estate owned
$0Goodwill and other intangibles
$9,059Life insurance assets
$26,466All other assets
$467,880Total liabilities and capital
$441,817Total liabilities
$406,860Total deposits
$362,834Interest-bearing deposits
$406,860Deposits held in domestic offices
90.17%% insured (estimated)
$2,969Federal funds purchased & repurchase agreements
$0Trading liabilities
$29,000Other borrowed funds
$0Subordinated debt
$2,988All other liabilities
$26,063Total equity capital
$26,063Total bank equity capital
$26,063Perpetual preferred stock
$0Common stock
$350Surplus
$8,500Undivided profits
Memoranda
$17,213Noncurrent loans and leases
$17,492Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$51,583Earning assets
$0Long-term assets (5+ years)
$2,395Average Assets, year-to-date
$401,874Average Assets, quarterly
$159,664Volatile liabilities
$494,099Insider loans
$471,262FHLB advances
$109,705Loans and leases held for sale
$810Unused loan commitments
$29,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$17,492Total unused commitments
$27,116Restructured Loans and leases
$4,621Derivatives

Income and Expense (December 31, 2009)

Dollar figures in thousands
$24,904Total interest income
$11,223Total interest expense
$13,681Net interest income
$29,288Provision for loan and lease losses
$3,320Total noninterest income
$0Fiduciary activities
$1,312Service charges on deposit accounts
$0Trading account gains & fees
$2,008Additional noninterest income
$16,698Total noninterest expense
$7,690Salaries and employee benefits
$2,685Premises and equipment expense
$6,323Additional noninterest expense
-$28,985Pre-tax net operating income
$131Securities gains (losses)
-$11,017Applicable income taxes
-$17,837Income before extraordinary items
$0Extraordinary gains - net
-$17,837Net income attributable to bank
$0Net charge-offs
-$17,837Cash dividends
$19,958Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2009)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.72%Yield on earning assets
2.58%Cost of funding earning assets
3.14%Net interest margin
0.76%Noninterest income to earning assets
3.84%Noninterest expense to earning assets
-3.63%Net operating income to assets
-3.61%Return on assets (ROA)
-5.84%Pretax return on assets
-48.45%Return on equity (ROE)
-48.45%Retained earnings to average equity (YTD only)
5.79%Net charge-offs to loans
146.75%Credit loss provision to net charge-offs
0.02%Efficiency ratio
98,218Assets per employee
3.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.99%Loss allowance to noncurrent loans
25.22%Noncurrent assets plus other real estate owned to assets
13.11%Noncurrent loans to loans
15.82%Net loans and leases to deposits
76.96%Net loans and leases to core deposits
98.73%Equity capital to assets
5.57%Core capital (leverage) ratio
4.87%Tier 1 risk-based capital ratio
6.39%Total risk-based capital ratio
Memoranda
$8Average assets
$494,099Average earning assets
$36,812Average equity
$435,102Average loans

Wakulla Bank in Crawfordville, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Wakulla Bank - Overview

Assets and Liabilities (December 31, 2009)

Income and Expense (December 31, 2009)

Performance and Condition Ratios (December 31, 2009)

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

Wakulla Bank in Crawfordville, Florida (FL)Overview, Financial Summary, Detailed Financial Reports, Branches

Wakulla Bank - Overview

Assets and Liabilities (December 31, 2009)

Income and Expense (December 31, 2009)

Performance and Condition Ratios (December 31, 2009)

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

Wakulla Bank in Crawfordville, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches