Florida Bank, National Association
Tampa, FL — Domestic Branch of a Domestic Bank
Acquired Jul 2004
Vitals
-
Total Assets1.0B 12.0 %
-
Total Deposits872.3M 13.4 %
-
Total Net Loans811.2M 11.9 %
-
Net Income
-
Book Value76.9M 2.3 %
-
Book Value x2153.8M 2.3 %
-
Book Value x3230.7M 2.3 %
Balance Sheet Highlights
Financial Highlights | Florida Bank, National Association | All Insured Commercial Banks in Florida |
Balance Sheet $(000) | ||
Total Assets | 1,026,978 | 216,780 |
Total Net Loans | 811,179 | 145,836 |
Total Deposits | 872,324 | 179,446 |
Total Equity | 76,906 | 19,475 |
Profitability | ||
Net Income | — | 2,151 |
Return on Average Assets | — | 1.092 |
Return on Average Equity | — | 12.305 |
Net Interest Margin | 3.238 | 4.015 |
Efficiency Ratio | 77.924 | 71.231 |
Noninterest Income/Revenue | 15.917 | 14.455 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 92.991 | 79.498 |
Securities/Assets | .003 | .399 |
Total Equity/Total Assets | .075 | .09 |
Tangible Equity/Tangible Assets | .075 | -.051 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 76,906 | 18,557 |
Tier 2 Capital | 11,133 | 1,765 |
Total Capital | 88,039 | 20,370 |
Total Risk Weighted Assets | 889,907 | 154,089 |
Leverage Ratio | 7.83 | 9.454 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 8.64 | 13.347 |
Total Capital Ratio | 9.89 | 14.46 |
Timeline for Florida Bank, National Association
Mercantile Bank
Florida Bank, National Association was acquired by Mercantile Bank 19 years
View Profile Jul 16 2004Florida Banks, Inc.
Florida Banks, Inc. became a new parent organization for Florida Bank, National Association.
View Profile Aug 04 1998Florida Bank, National Association
Florida Bank, National Association was established 35 years ago and is currently headquartered in Tampa, FL.
Jul 11 1988Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Mercantile Bank | Buyer | 5,658,971 | Acquisition | Discontinued | 7/16/2004 |
Relationships | Role | Relationship Start | Relationship End |
Florida Banks, Inc. | Parent | 8/4/1998 | 7/15/2004 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
Academy Bank, National Association
|
Colorado Springs | CO | 1.0B |
Community National Bank
|
Midland | TX | 996.4M |
Lubbock National Bank
|
Lubbock | TX | 989.7M |
Evans Bank, National Association
|
Angola | NY | 1.1B |
Community National Bank & Trust
|
Chanute | KS | 970.7M |
The Security National Bank Of Sioux City, Iowa
|
Sioux City | IA | 990.5M |
Firstcapital Bank Of Texas, National Association
|
Midland | TX | 970.3M |
Forcht Bank, National Association
|
Lexington | KY | 1.0B |
Armed Forces Bank, National Association
|
Fort Leavenworth | KS | 1.1B |
The Moody National Bank
|
Galveston | TX | 965.9M |