Community Bank, Destin
Miramar Beach, FL — Domestic Branch of a Domestic Bank
Acquired Jan 2013
Vitals
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Total Assets101.5M 22.6 %
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Total Deposits77.5M 6.0 %
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Total Net Loans62.6M 7.3 %
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Net Income181000.0000 37.1 %
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Book Value23.3M 151.0 %
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Book Value x246.6M 151.0 %
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Book Value x369.9M 151.0 %
Balance Sheet Highlights
Financial Highlights | Community Bank, Destin | All Insured Commercial Banks in Florida |
Balance Sheet $(000) | ||
Total Assets | 101,540 | 373,243 |
Total Net Loans | 62,618 | 224,738 |
Total Deposits | 77,521 | 309,522 |
Total Equity | 23,298 | 37,900 |
Profitability | ||
Net Income | 181 | 1,183 |
Return on Average Assets | .463 | .191 |
Return on Average Equity | 2.884 | .528 |
Net Interest Margin | 4.903 | 3.605 |
Efficiency Ratio | 76.533 | 85.241 |
Noninterest Income/Revenue | 1.178 | 12.721 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 80.776 | 72.339 |
Securities/Assets | .041 | .196 |
Total Equity/Total Assets | .229 | .102 |
Tangible Equity/Tangible Assets | .095 | .099 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 9,398 | 33,626 |
Tier 2 Capital | 93 | 3,018 |
Total Capital | 9,491 | 36,719 |
Total Risk Weighted Assets | 57,551 | 239,672 |
Leverage Ratio | 10.67 | 9.508 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 16.33 | 14.712 |
Total Capital Ratio | 16.49 | 15.956 |
Timeline for Community Bank, Destin
Community Bank, Coast
Community Bank, Destin was acquired by Community Bank, Coast 11 years
View Profile Jan 01 2013Community Bancshares Of Mississippi, Inc.
Community Bancshares Of Mississippi, Inc. became a new parent organization for Community Bank, Destin.
View Profile Jul 20 2012Community Bank, Destin
Community Bank, Destin was established 16 years ago and is currently headquartered in Miramar Beach, FL.
Jun 11 2007Community Holding Company Of Florida, Inc.
Community Holding Company Of Florida, Inc. became a new parent organization for Community Bank, Destin.
View Profile Jun 11 2007Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Community Bank, Coast | Buyer | 754,789 | Pooling of Interests | Discontinued | 1/1/2013 |
Relationships | Role | Relationship Start | Relationship End |
Community Bancshares Of Mississippi, Inc. | Parent | 7/20/2012 | 12/31/2012 |
Community Holding Company Of Florida, Inc. | Parent | 6/11/2007 | 7/19/2012 |
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