sSouthTrust Bank of Northwest Florida in city_name, state_name

sSouthTrust Bank of Northwest Florida in Marianna, Florida (FL)
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sSouthTrust Bank of Northwest Florida - Overview

General
FDIC Certificate #: 15451
Status: Inactive
Closing history: Name Change
Acquiring institution: SouthTrust Bank (#849)
Federal Reserve ID: 623838
Date Established: January 01, 1934
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 18 (Interstate: No)
FDIC's unique #: 9762
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, 1937
Last Structure Change Effective Date: June 02, 1997
Last Structure Change Process Date: June 13, 1997
Last Data Update: June 14, 1997
Data Source Date: April 05, 2012
Location
Address: 4393 Lafayette Street, Marianna, FL 32446
County: Jackson
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Pensacola
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
History of Changes
Merger - Without Assistance
Name Change
Financial Summary
Total assets: $407.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$176Total assets
$395,321Cash and due from depository institutions
$20,347Interest-bearing balances
$0Securities
$88,443Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$263,037Loan loss allowance
$3,278Trading account assets
$0Bank premises and fixed assets
$15,919Other real estate owned
$330Goodwill and other intangibles
$5,009Life insurance assets
$2,236All other assets
$0Total liabilities and capital
$395,321Total liabilities
$364,343Total deposits
$343,194Interest-bearing deposits
$285,456Deposits held in domestic offices
343194.00%% insured (estimated)
$91Federal funds purchased & repurchase agreements
$16,008Trading liabilities
$0Other borrowed funds
$223Subordinated debt
$0All other liabilities
$4,918Total equity capital
$4,918Total bank equity capital
$30,978Perpetual preferred stock
$0Common stock
$703Surplus
$9,582Undivided profits
Memoranda
$20,693Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,171Income earned, not collected on loans
$2,038Earning assets
$351,480Long-term assets (5+ years)
$67,809Average Assets, year-to-date
$362,235Average Assets, quarterly
$384,000Volatile liabilities
$54,997Insider loans
$1,814FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$34,810Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$29,199Total risk weighted assets
$275,110Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$27,766Total interest expense
$13,037Net interest income
$14,729Provision for loan and lease losses
$1,500Total noninterest income
$3,150Fiduciary activities
$0Service charges on deposit accounts
$2,616Trading account gains & fees
$0Additional noninterest income
$534Total noninterest expense
$11,539Salaries and employee benefits
$5,019Premises and equipment expense
$1,631Additional noninterest expense
$4,889Pre-tax net operating income
$4,840Securities gains (losses)
-$4Applicable income taxes
$1,915Income before extraordinary items
$2,921Extraordinary gains - net
$0Net income attributable to bank
$2,921Net charge-offs
$663Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.63%Cost of funding earning assets
4.05%Net interest margin
4.58%Noninterest income to earning assets
0.98%Noninterest expense to earning assets
3.59%Net operating income to assets
0.81%Return on assets (ROA)
0.81%Pretax return on assets
1.34%Return on equity (ROE)
9.97%Retained earnings to average equity (YTD only)
9.97%Net charge-offs to loans
0.28%Credit loss provision to net charge-offs
226.24%Efficiency ratio
62,699Assets per employee
2.25%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.23%Loss allowance to noncurrent loans
279.93%Noncurrent assets plus other real estate owned to assets
0.38%Noncurrent loans to loans
0.44%Net loans and leases to deposits
76.64%Net loans and leases to core deposits
86.47%Equity capital to assets
7.84%Core capital (leverage) ratio
7.68%Tier 1 risk-based capital ratio
10.61%Total risk-based capital ratio
Memoranda
$12Average assets
$362,235Average earning assets
$29,302Average equity
$321,832Average loans

sSouthTrust Bank of Northwest Florida in Marianna, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

sSouthTrust Bank of Northwest Florida - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

sSouthTrust Bank of Northwest Florida in Marianna, Florida (FL)Overview, Financial Summary, Detailed Financial Reports, Branches

sSouthTrust Bank of Northwest Florida - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

sSouthTrust Bank of Northwest Florida in Marianna, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches