New Traditions Bank
Orlando, FL — Domestic Branch of a Domestic Bank
Acquired Apr 2015
Vitals
-
Total Assets529.9M 0.2 %
-
Total Deposits469.2M -1.2 %
-
Total Net Loans349.3M 6.4 %
-
Net Income-892000.0000 -196.5 %
-
Book Value58.8M 11.9 %
-
Book Value x2117.6M 11.9 %
-
Book Value x3176.3M 11.9 %
Balance Sheet Highlights
Financial Highlights | New Traditions Bank | All Insured Commercial Banks in Florida |
Balance Sheet $(000) | ||
Total Assets | 529,906 | 491,715 |
Total Net Loans | 349,301 | 312,131 |
Total Deposits | 469,183 | 407,972 |
Total Equity | 58,782 | 52,100 |
Profitability | ||
Net Income | -892 | 756 |
Return on Average Assets | -.685 | .621 |
Return on Average Equity | -6.174 | 5.803 |
Net Interest Margin | 3.608 | 3.562 |
Efficiency Ratio | 130.022 | 79.548 |
Noninterest Income/Revenue | 4.446 | 13.7 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 74.449 | 75.133 |
Securities/Assets | .002 | .169 |
Total Equity/Total Assets | .111 | .106 |
Tangible Equity/Tangible Assets | .102 | .103 |
Capital Adequacy | ||
Tier 1 Common Capital | 56,885 | 46,267 |
Tier 1 Capital | 56,885 | 46,758 |
Tier 2 Capital | 1,129 | 3,554 |
Total Capital | 58,014 | 50,330 |
Total Risk Weighted Assets | 379,745 | 331,093 |
Leverage Ratio | 10.96 | 10.196 |
Common Equity Tier 1 Capital Ratio | 14.98 | 15.407 |
Tier 1 Capital Ratio | 14.98 | 15.487 |
Total Capital Ratio | 15.28 | 16.646 |
Timeline for New Traditions Bank
New Traditions National Bank
Acquisition: New Traditions Bank acquired a new subsidiary, New Traditions National Bank , 10 years
View Profile Nov 01 2013Old Florida Bancshares, Inc.
Old Florida Bancshares, Inc. became a new parent organization for New Traditions Bank.
View Profile Nov 01 2013New Traditions Bank
New Traditions Bank was established 15 years ago and is currently headquartered in Orlando, FL.
Aug 25 2008Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Iberiabank | Buyer | 20,717,821 | Acquisition | Discontinued | 4/1/2015 |
New Traditions National Bank | Seller | Acquisition | Discontinued | 11/1/2013 |
Relationships | Role | Relationship Start | Relationship End |
Old Florida Bancshares, Inc. | Parent | 11/1/2013 | 3/31/2015 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
Benchmark Bank
|
Plano | TX | 527.5M |
Community Bank, North Mississippi
|
Amory | MS | 532.9M |
Security State Bank
|
Pearsall | TX | 534.4M |
Security Bank & Trust Company
|
Glencoe | MN | 516.5M |
Greenfield Banking Company
|
Greenfield | IN | 533.6M |
The Heritage Bank
|
Hinesville | GA | 526.1M |
Puget Sound Bank
|
Bellevue | WA | 525.4M |
Steuben Trust Company
|
Hornell | NY | 527.9M |
American Community Bank & Trust
|
Woodstock | IL | 549.0M |
Beach Community Bank
|
Fort Walton Beach | FL | 531.0M |