Vitals
  • Total Assets
    187.0M
  • Total Deposits
    153.3M
  • Total Net Loans
    131.0M
  • Net Income
    1.4M
  • Book Value
    12.7M
  • Book Value x2
    25.5M
  • Book Value x3
    38.2M
ROAA

1.16

ROAE

15.428

Efficiency Ratio

44.238

Net Interest Margin

3.979

Balance Sheet Highlights
Financial Highlights Sarasota Bank All Insured Commercial Banks in Florida
Balance Sheet $(000)
Total Assets 186,965 198,060
Total Net Loans 131,017 128,060
Total Deposits 153,305 162,602
Total Equity 12,744 17,800
Profitability
Net Income 1,429 2,880
Return on Average Assets 1.16 1.042
Return on Average Equity 15.428 11.473
Net Interest Margin 3.979 4.034
Efficiency Ratio 44.238 72.963
Noninterest Income/Revenue 3.698 14.774
Balance Sheet Ratios
Loan-to-Deposit 85.462 78.509
Securities/Assets .112 .428
Total Equity/Total Assets .068 .09
Tangible Equity/Tangible Assets .068 -.08
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 12,633 16,832
Tier 2 Capital 1,699 1,569
Total Capital 14,332 18,465
Total Risk Weighted Assets 135,605 140,432
Leverage Ratio 7.55 9.304
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 9.32 13.275
Total Capital Ratio 10.57 14.404

Timeline for Sarasota Bank

Colonial Bank

Sarasota Bank was acquired by Colonial Bank 20 years

View Profile Dec 05 2003

Colonial Bancgroup, Inc., The

Colonial Bancgroup, Inc., The became a new parent organization for Sarasota Bank.

View Profile Oct 24 2003

Sarasota Bank

Sarasota Bank was established 31 years ago and is currently headquartered in Sarasota, FL.

Sep 15 1992

Sarasota Bancorporation, Inc.

Sarasota Bancorporation, Inc. became a new parent organization for Sarasota Bank.

View Profile Sep 15 1992
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Colonial Bank Buyer 25,455,112 Acquisition Discontinued 12/5/2003
Relationships Role Relationship Start Relationship End
Colonial Bancgroup, Inc., The Parent 10/24/2003 12/4/2003
Sarasota Bancorporation, Inc. Parent 9/15/1992 10/23/2003
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