Vitals
  • Total Assets
    156.2M -24.9 %
  • Total Deposits
    141.9M -22.1 %
  • Total Net Loans
    112.2M -20.9 %
  • Net Income
    -3623000.0000
  • Book Value
    3.1M -79.5 %
  • Book Value x2
    6.2M -79.5 %
  • Book Value x3
    9.3M -79.5 %
ROAA

-4.458

ROAE

-158.962

Efficiency Ratio

141.488

Net Interest Margin

2.888

Balance Sheet Highlights
Financial Highlights Independent National Bank All Insured Commercial Banks in Florida
Balance Sheet $(000)
Total Assets 156,218 296,385
Total Net Loans 112,204 187,155
Total Deposits 141,877 246,406
Total Equity 3,094 26,829
Profitability
Net Income -3,623 -1,238
Return on Average Assets -4.458 -1.042
Return on Average Equity -158.962 -14.523
Net Interest Margin 2.888 3.343
Efficiency Ratio 141.488 96.875
Noninterest Income/Revenue 4.915 8.259
Balance Sheet Ratios
Loan-to-Deposit 79.085 77.342
Securities/Assets .057 .162
Total Equity/Total Assets .02 .091
Tangible Equity/Tangible Assets .02 .09
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 3,051 23,956
Tier 2 Capital 1,469 2,688
Total Capital 4,520 26,740
Total Risk Weighted Assets 113,454 201,577
Leverage Ratio 1.91 8.856
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 2.69 12.92
Total Capital Ratio 3.98 14.255

Timeline for Independent National Bank

Centerstate Bank Of Florida, National Association

Independent National Bank was acquired by Centerstate Bank Of Florida, National Association 13 years

View Profile Aug 21 2010

Independent National Bank

Independent National Bank was established 35 years ago and is currently headquartered in Ocala, FL.

Oct 03 1988

Independent Bancshares, Inc.

Independent Bancshares, Inc. became a new parent organization for Independent National Bank.

View Profile Oct 03 1988
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Centerstate Bank Of Florida, National Association Buyer 5,005,472 Failure 8/21/2010
Relationships Role Relationship Start Relationship End
Independent Bancshares, Inc. Parent 10/3/1988 8/20/2010
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