First America Bank
Bradenton, FL — Domestic Branch of a Domestic Bank
Acquired May 2015
Vitals
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Total Assets269.8M 0.9 %
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Total Deposits225.1M 0.6 %
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Total Net Loans184.4M 4.8 %
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Net Income340000.0000 89.9 %
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Book Value31.2M 3.6 %
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Book Value x262.4M 3.6 %
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Book Value x393.6M 3.6 %
Balance Sheet Highlights
Financial Highlights | First America Bank | All Insured Commercial Banks in Florida |
Balance Sheet $(000) | ||
Total Assets | 269,777 | 491,715 |
Total Net Loans | 184,378 | 312,131 |
Total Deposits | 225,103 | 407,972 |
Total Equity | 31,207 | 52,100 |
Profitability | ||
Net Income | 340 | 756 |
Return on Average Assets | .514 | .621 |
Return on Average Equity | 4.379 | 5.803 |
Net Interest Margin | 3.212 | 3.562 |
Efficiency Ratio | 78.369 | 79.548 |
Noninterest Income/Revenue | 18.719 | 13.7 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 81.908 | 75.133 |
Securities/Assets | .004 | .169 |
Total Equity/Total Assets | .116 | .106 |
Tangible Equity/Tangible Assets | .111 | .103 |
Capital Adequacy | ||
Tier 1 Common Capital | 27,954 | 46,267 |
Tier 1 Capital | 27,954 | 46,758 |
Tier 2 Capital | 3,698 | 3,554 |
Total Capital | 31,652 | 50,330 |
Total Risk Weighted Assets | 225,009 | 331,093 |
Leverage Ratio | 10.69 | 10.196 |
Common Equity Tier 1 Capital Ratio | 12.42 | 15.407 |
Tier 1 Capital Ratio | 12.42 | 15.487 |
Total Capital Ratio | 14.07 | 16.646 |
Timeline for First America Bank
Harbor Community Bank
First America Bank was acquired by Harbor Community Bank 9 years
View Profile May 09 2015Manatee River Community Bank
Acquisition: First America Bank acquired a new subsidiary, Manatee River Community Bank, 14 years
View Profile Nov 01 2009First America Holdings Corporation
First America Holdings Corporation became a new parent organization for First America Bank.
View Profile Feb 01 2007First America Bank
First America Bank was established 19 years ago and is currently headquartered in Bradenton, FL.
Jun 01 2004Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Harbor Community Bank | Buyer | 1,785,472 | Acquisition | Discontinued | 5/9/2015 |
Manatee River Community Bank | Seller | 152,659 | Acquisition | Discontinued | 11/1/2009 |
Relationships | Role | Relationship Start | Relationship End |
First America Holdings Corporation | Parent | 2/1/2007 | 5/8/2015 |
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