Florida Bank Of Sarasota
Sarasota, FL — Domestic Branch of a Domestic Bank
Acquired Dec 2008
Vitals
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Total Assets38.6M -20.3 %
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Total Deposits18.3M -38.0 %
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Total Net Loans23.1M -17.9 %
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Net Income
-
Book Value17.6M -5.5 %
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Book Value x235.3M -5.5 %
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Book Value x352.9M -5.5 %
Balance Sheet Highlights
Financial Highlights | Florida Bank Of Sarasota | All Insured Commercial Banks in Florida |
Balance Sheet $(000) | ||
Total Assets | 38,623 | 269,398 |
Total Net Loans | 23,106 | 201,418 |
Total Deposits | 18,300 | 211,511 |
Total Equity | 17,645 | 28,277 |
Profitability | ||
Net Income | — | 3,110 |
Return on Average Assets | — | .724 |
Return on Average Equity | — | 7.258 |
Net Interest Margin | 3.348 | 3.538 |
Efficiency Ratio | 206.87 | 99.7 |
Noninterest Income/Revenue | 12.241 | |
Balance Sheet Ratios | ||
Loan-to-Deposit | 126.262 | 92.417 |
Securities/Assets | .136 | .296 |
Total Equity/Total Assets | .457 | .105 |
Tangible Equity/Tangible Assets | .457 | -.036 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 16,441 | 26,262 |
Tier 2 Capital | 310 | 2,865 |
Total Capital | 16,751 | 29,055 |
Total Risk Weighted Assets | 28,752 | 211,732 |
Leverage Ratio | 50.57 | 12.271 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 57.18 | 15.887 |
Total Capital Ratio | 58.26 | 17.105 |
Timeline for Florida Bank Of Sarasota
Florida Bank
Florida Bank Of Sarasota was acquired by Florida Bank 15 years
View Profile Dec 06 2008Florida Bank Of Sarasota
Florida Bank Of Sarasota was established 17 years ago and is currently headquartered in Sarasota, FL.
Dec 04 2006Fbg Holding Company
Fbg Holding Company became a new parent organization for Florida Bank Of Sarasota.
View Profile Dec 04 2006Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Florida Bank | Buyer | 565,102 | Pooling of Interests | Discontinued | 12/6/2008 |
Relationships | Role | Relationship Start | Relationship End |
Fbg Holding Company | Parent | 12/4/2006 | 12/5/2008 |
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