Orion Bank
Naples, FL — State Member Bank
Acquired Nov 2009
Vitals
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Total Assets2.6B -3.9 %
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Total Deposits2.2B 7.2 %
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Total Net Loans1.8B -9.6 %
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Net Income
-
Book Value64.3M -60.6 %
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Book Value x2128.6M -60.6 %
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Book Value x3192.8M -60.6 %
Balance Sheet Highlights
Financial Highlights | Orion Bank | All Insured Commercial Banks in Florida |
Balance Sheet $(000) | ||
Total Assets | 2,612,515 | 307,704 |
Total Net Loans | 1,793,498 | 208,453 |
Total Deposits | 2,169,446 | 251,126 |
Total Equity | 64,282 | 29,625 |
Profitability | ||
Net Income | — | 2,670 |
Return on Average Assets | — | .602 |
Return on Average Equity | — | 6.111 |
Net Interest Margin | 1.444 | 3.06 |
Efficiency Ratio | 152.112 | 109.217 |
Noninterest Income/Revenue | 2.657 | 19.296 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 82.671 | 82.476 |
Securities/Assets | .122 | .312 |
Total Equity/Total Assets | .025 | .096 |
Tangible Equity/Tangible Assets | .025 | -.175 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 12,732 | 26,370 |
Tier 2 Capital | 12,732 | 3,336 |
Total Capital | 25,464 | 29,750 |
Total Risk Weighted Assets | 1,955,804 | 226,208 |
Leverage Ratio | .47 | 9.658 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | .65 | 13.352 |
Total Capital Ratio | 1.3 | 14.666 |
Timeline for Orion Bank
Orion Bank was acquired by 14 years
Nov 14 2009Gulf Coast National Bank
Acquisition: Orion Bank acquired a new subsidiary, Gulf Coast National Bank, 22 years
View Profile Jan 28 2002Firstbaby Corporation, Inc.
Firstbaby Corporation, Inc. became a new subsidiary organization for Orion Bank.
View Profile Sep 30 1991Firstbancorp Mortgage, Inc
Firstbancorp Mortgage, Inc became a new subsidiary organization for Orion Bank.
View Profile May 02 1990Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Iberiabank | Buyer | 20,717,821 | Failure | 11/14/2009 | |
Gulf Coast National Bank | Seller | 393,923 | Pooling of Interests | Discontinued | 1/28/2002 |
Relationships | Role | Relationship Start | Relationship End |
Orion Bancorp, Inc. | Parent | 5/19/1988 | 11/13/2009 |
Firstbancorp Mortgage, Inc | Subsidary | 5/2/1990 | 12/31/1995 |
Firstbaby Corporation, Inc. | Subsidary | 9/30/1991 | 3/31/1994 |
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