Vitals
  • Total Assets
    781.7M
  • Total Deposits
    473.5M
  • Total Net Loans
    164.1M
  • Net Income
    2.0M
  • Book Value
    144.9M
  • Book Value x2
    289.9M
  • Book Value x3
    434.8M
ROAA

.506

ROAE

3.209

Efficiency Ratio

67.905

Net Interest Margin

2.469

Balance Sheet Highlights
Financial Highlights Southern Exchange Bank All Insured Commercial Banks in Florida
Balance Sheet $(000)
Total Assets 781,733 198,060
Total Net Loans 164,078 128,060
Total Deposits 473,485 162,602
Total Equity 144,947 17,800
Profitability
Net Income 1,997 2,880
Return on Average Assets .506 1.042
Return on Average Equity 3.209 11.473
Net Interest Margin 2.469 4.034
Efficiency Ratio 67.905 72.963
Noninterest Income/Revenue 14.813 14.774
Balance Sheet Ratios
Loan-to-Deposit 34.653 78.509
Securities/Assets .543 .428
Total Equity/Total Assets .185 .09
Tangible Equity/Tangible Assets .05 -.08
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 41,878 16,832
Tier 2 Capital 2,795 1,569
Total Capital 44,673 18,465
Total Risk Weighted Assets 309,685 140,432
Leverage Ratio 6.32 9.304
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 13.52 13.275
Total Capital Ratio 14.43 14.404

Timeline for Southern Exchange Bank

First National Bank Of Florida

Southern Exchange Bank was acquired by First National Bank Of Florida 20 years

View Profile Oct 11 2003

F.N.B. Corporation

F.N.B. Corporation became a new parent organization for Southern Exchange Bank.

View Profile Mar 31 2003

Florida Bank Of Commerce

Acquisition: Southern Exchange Bank acquired a new subsidiary, Florida Bank Of Commerce, 22 years

View Profile Feb 16 2002

Columbia Bank

Acquisition: Southern Exchange Bank acquired a new subsidiary, Columbia Bank, 24 years

View Profile Feb 22 2000

City First Bank

Acquisition: Southern Exchange Bank acquired a new subsidiary, City First Bank, 25 years

View Profile Jun 07 1999

Want to see more?

Complete timeline for Southern Exchange Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First National Bank Of Florida Buyer 5,642,797 Pooling of Interests Discontinued 10/11/2003
Florida Bank Of Commerce Seller 63,554 Acquisition Discontinued 2/16/2002
Columbia Bank Seller 221,146 Pooling of Interests Discontinued 2/22/2000
City First Bank Seller 90,556 Acquisition Discontinued 6/7/1999
Commerce Bank Of Tampa Seller 21,631 Failure 2/3/1990
Relationships Role Relationship Start Relationship End
F.N.B. Corporation Parent 3/31/2003 10/10/2003
Charter Banking Corp. Parent 6/7/1999 3/30/2003
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