Community National Bank Of Sarasota County
Venice, FL — National Bank
Acquired Aug 2009
Vitals
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Total Assets92.5M -10.4 %
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Total Deposits92.4M -0.8 %
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Total Net Loans73.1M -17.2 %
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Net Income
-
Book Value
-
Book Value x2
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Book Value x3
Balance Sheet Highlights
| Financial Highlights | Community National Bank Of Sarasota County | All Insured Commercial Banks in Florida |
| Balance Sheet $(000) | ||
| Total Assets | 92,528 | 297,543 |
| Total Net Loans | 73,066 | 209,413 |
| Total Deposits | 92,352 | 241,215 |
| Total Equity | — | 29,147 |
| Profitability | ||
| Net Income | — | 1,453 |
| Return on Average Assets | — | .546 |
| Return on Average Equity | — | 5.686 |
| Net Interest Margin | 2.812 | 3.016 |
| Efficiency Ratio | 2548.276 | 110.145 |
| Noninterest Income/Revenue | 19.089 | |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 79.117 | 84.31 |
| Securities/Assets | .054 | .312 |
| Total Equity/Total Assets | .098 | |
| Tangible Equity/Tangible Assets | -.144 | |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | — | 26,595 |
| Tier 2 Capital | — | 3,285 |
| Total Capital | — | 29,844 |
| Total Risk Weighted Assets | 69,245 | 221,982 |
| Leverage Ratio | — | 10.104 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | — | 13.84 |
| Total Capital Ratio | — | 15.111 |
Timeline for Community National Bank Of Sarasota County
Stearns Bank National Association
Community National Bank Of Sarasota County was acquired by Stearns Bank National Association 14 years
View Profile Aug 08 2009
Community National Bank Insurance Agency, Inc.
Community National Bank Insurance Agency, Inc. became a new subsidiary organization for Community National Bank Of Sarasota County.
View Profile Jul 28 1998
Community National Bank Corporation
Community National Bank Corporation became a new parent organization for Community National Bank Of Sarasota County.
View Profile Dec 31 1993
Community National Bank Of Sarasota County
Community National Bank Of Sarasota County was established 36 years ago and is currently headquartered in Venice, FL.
Feb 16 1988
Gulf & Southern Financial Corporation
Gulf & Southern Financial Corporation became a new parent organization for Community National Bank Of Sarasota County.
View Profile Feb 16 1988| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Stearns Bank National Association | Buyer | 1,829,262 | Failure | 8/8/2009 |
| Relationships | Role | Relationship Start | Relationship End |
| Community National Bank Corporation | Parent | 12/31/1993 | 8/7/2009 |
| Gulf & Southern Financial Corporation | Parent | 2/16/1988 | 12/30/1993 |
| Community National Bank Insurance Agency, Inc. | Subsidary | 7/28/1998 | 3/22/2001 |
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