Citrus Bank, National Association
Vero Beach, FL — Domestic Branch of a Domestic Bank
Acquired Aug 2008
Vitals
-
Total Assets116.1M -10.6 %
-
Total Deposits97.7M -8.1 %
-
Total Net Loans68.9M -3.0 %
-
Net Income
-
Book Value17.8M -10.6 %
-
Book Value x235.6M -10.6 %
-
Book Value x353.3M -10.6 %
Balance Sheet Highlights
Financial Highlights | Citrus Bank, National Association | All Insured Commercial Banks in Florida |
Balance Sheet $(000) | ||
Total Assets | 116,130 | 268,609 |
Total Net Loans | 68,886 | 195,162 |
Total Deposits | 97,725 | 209,965 |
Total Equity | 17,778 | 28,903 |
Profitability | ||
Net Income | — | 2,216 |
Return on Average Assets | — | .9 |
Return on Average Equity | — | 9.246 |
Net Interest Margin | 3.466 | 3.568 |
Efficiency Ratio | 119.876 | 97.665 |
Noninterest Income/Revenue | 3.389 | 10.144 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 70.49 | 92.716 |
Securities/Assets | .234 | .316 |
Total Equity/Total Assets | .153 | .108 |
Tangible Equity/Tangible Assets | .153 | -.04 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 17,763 | 26,604 |
Tier 2 Capital | 1,052 | 2,723 |
Total Capital | 18,815 | 29,332 |
Total Risk Weighted Assets | 82,225 | 210,647 |
Leverage Ratio | 15.1 | 12.492 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 21.6 | 16.639 |
Total Capital Ratio | 22.88 | 17.835 |
Timeline for Citrus Bank, National Association
1St United Bank
Citrus Bank, National Association was acquired by 1St United Bank 15 years
View Profile Aug 15 2008Citrus Bank, National Association
Citrus Bank, National Association was established 34 years ago and is currently headquartered in Vero Beach, FL.
Apr 13 1990Citrus Financial Services, Inc.
Citrus Financial Services, Inc. became a new parent organization for Citrus Bank, National Association.
View Profile Apr 13 1990Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
1St United Bank | Buyer | 1,679,443 | Acquisition | Discontinued | 8/15/2008 |
Relationships | Role | Relationship Start | Relationship End |
Citrus Financial Services, Inc. | Parent | 4/13/1990 | 8/14/2008 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
River Community Bank, National Association
|
Martinsville | VA | 115.7M |
First National Bank Of Bosque County
|
Valley Mills | TX | 115.4M |
First Century Bank, National Association
|
Gainesville | GA | 117.3M |
The Fisher National Bank
|
Fisher | IL | 114.6M |
First National Bank Of Decatur County
|
Bainbridge | GA | 114.5M |
North Georgia National Bank
|
Calhoun | GA | 116.8M |
Western National Bank
|
Duluth | MN | 119.4M |
The Tipton Latham Bank, National Association
|
Tipton | MO | 117.9M |
F & M Community Bank, National Association
|
Preston | MN | 118.0M |
The American National Bank Of Beaver Dam
|
Beaver Dam | WI | 118.0M |