Vitals
  • Total Assets
    257.4M -21.0 %
  • Total Deposits
    233.7M -20.3 %
  • Total Net Loans
    182.2M -8.6 %
  • Net Income
    37000.0000
  • Book Value
    13.5M -23.7 %
  • Book Value x2
    27.0M -23.7 %
  • Book Value x3
    40.5M -23.7 %
ROAA

.018

ROAE

.379

Efficiency Ratio

78.563

Net Interest Margin

3.212

Balance Sheet Highlights
Financial Highlights Oceanside Bank All Insured Commercial Banks in Florida
Balance Sheet $(000)
Total Assets 257,383 302,301
Total Net Loans 182,210 191,701
Total Deposits 233,749 250,639
Total Equity 13,484 28,304
Profitability
Net Income 37 -1,607
Return on Average Assets .018 -.957
Return on Average Equity .379 -12.301
Net Interest Margin 3.212 3.374
Efficiency Ratio 78.563 95.931
Noninterest Income/Revenue 5.23 8.585
Balance Sheet Ratios
Loan-to-Deposit 77.951 76.927
Securities/Assets .173 .157
Total Equity/Total Assets .052 .094
Tangible Equity/Tangible Assets .052 .093
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 12,848 25,373
Tier 2 Capital 2,292 2,569
Total Capital 15,140 28,055
Total Risk Weighted Assets 180,450 205,142
Leverage Ratio 4.83 8.911
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 7.12 13.042
Total Capital Ratio 8.39 14.355

Timeline for Oceanside Bank

The Jacksonville Bank

Oceanside Bank was acquired by The Jacksonville Bank 13 years

View Profile Nov 17 2010

Atlantic Bancgroup, Inc.

Atlantic Bancgroup, Inc. became a new parent organization for Oceanside Bank.

View Profile May 05 1999

Oceanside Bank

Oceanside Bank was established 26 years ago and is currently headquartered in Jacksonville Beach, FL.

Jul 21 1997
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
The Jacksonville Bank Buyer 507,845 Acquisition Discontinued 11/17/2010
Relationships Role Relationship Start Relationship End
Atlantic Bancgroup, Inc. Parent 5/5/1999 11/16/2010
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