First Priority Bank
Bradenton, FL — Non-member Bank
Acquired Aug 2008
Vitals
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Total Assets258.6M 0.4 %
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Total Deposits226.7M 1.8 %
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Total Net Loans178.2M -9.4 %
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Net Income
-
Book Value1.5M -95.3 %
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Book Value x23.0M -95.3 %
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Book Value x34.5M -95.3 %
Balance Sheet Highlights
Financial Highlights | First Priority Bank | All Insured Commercial Banks in Florida |
Balance Sheet $(000) | ||
Total Assets | 258,610 | 268,609 |
Total Net Loans | 178,200 | 195,162 |
Total Deposits | 226,698 | 209,965 |
Total Equity | 1,511 | 28,903 |
Profitability | ||
Net Income | — | 2,216 |
Return on Average Assets | — | .9 |
Return on Average Equity | — | 9.246 |
Net Interest Margin | .961 | 3.568 |
Efficiency Ratio | 441.885 | 97.665 |
Noninterest Income/Revenue | 1.168 | 10.144 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 78.607 | 92.716 |
Securities/Assets | .151 | .316 |
Total Equity/Total Assets | .006 | .108 |
Tangible Equity/Tangible Assets | .006 | -.04 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 1,934 | 26,604 |
Tier 2 Capital | 1,934 | 2,723 |
Total Capital | 3,868 | 29,332 |
Total Risk Weighted Assets | 225,390 | 210,647 |
Leverage Ratio | .7 | 12.492 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | .86 | 16.639 |
Total Capital Ratio | 1.72 | 17.835 |
Timeline for First Priority Bank
First Priority Bank was acquired by 15 years
Aug 02 2008First Priority Bank
First Priority Bank was established 20 years ago and is currently headquartered in Bradenton, FL.
Dec 08 2003Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Suntrust Bank | Buyer | 200,200,764 | Failure | 8/2/2008 |
Relationships | Role | Relationship Start | Relationship End |
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