Southern Community Bank Of Southwest Florida
Bonita Springs, FL — Domestic Branch of a Domestic Bank
Acquired Sep 2004
Vitals
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Total Assets192.5M 36.0 %
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Total Deposits170.8M 34.3 %
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Total Net Loans157.4M 43.1 %
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Net Income834000.0000 119.5 %
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Book Value16.8M 21.6 %
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Book Value x233.6M 21.6 %
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Book Value x350.4M 21.6 %
Balance Sheet Highlights
Financial Highlights | Southern Community Bank Of Southwest Florida | All Insured Commercial Banks in Florida |
Balance Sheet $(000) | ||
Total Assets | 192,501 | 216,780 |
Total Net Loans | 157,364 | 145,836 |
Total Deposits | 170,800 | 179,446 |
Total Equity | 16,814 | 19,475 |
Profitability | ||
Net Income | 834 | 2,151 |
Return on Average Assets | .923 | 1.092 |
Return on Average Equity | 10.432 | 12.305 |
Net Interest Margin | 3.833 | 4.015 |
Efficiency Ratio | 54.258 | 71.231 |
Noninterest Income/Revenue | 3.717 | 14.455 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 92.134 | 79.498 |
Securities/Assets | .083 | .399 |
Total Equity/Total Assets | .087 | .09 |
Tangible Equity/Tangible Assets | .087 | -.051 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 17,239 | 18,557 |
Tier 2 Capital | 1,917 | 1,765 |
Total Capital | 19,156 | 20,370 |
Total Risk Weighted Assets | 186,059 | 154,089 |
Leverage Ratio | 9.19 | 9.454 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 9.27 | 13.347 |
Total Capital Ratio | 10.3 | 14.46 |
Timeline for Southern Community Bank Of Southwest Florida
First National Bank Of Florida
Southern Community Bank Of Southwest Florida was acquired by First National Bank Of Florida 20 years
View Profile Sep 04 2004Southern Community Bank Of Southwest Florida
Southern Community Bank Of Southwest Florida was established 23 years ago and is currently headquartered in Bonita Springs, FL.
Jan 02 2001Southern Community Bancorp
Southern Community Bancorp became a new parent organization for Southern Community Bank Of Southwest Florida.
View Profile Jan 02 2001Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
First National Bank Of Florida | Buyer | 5,642,797 | Acquisition | Discontinued | 9/4/2004 |
Relationships | Role | Relationship Start | Relationship End |
Southern Community Bancorp | Parent | 1/2/2001 | 9/3/2004 |
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