Sunshine State Community Bank
Port Orange, FL — Non-member Bank
Acquired Feb 2011
Vitals
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Total Assets125.5M -11.8 %
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Total Deposits116.7M -8.7 %
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Total Net Loans81.2M -19.0 %
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Net Income-6088000.0000 10.7 %
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Book Value1.7M -77.2 %
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Book Value x23.4M -77.2 %
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Book Value x35.0M -77.2 %
Balance Sheet Highlights
| Financial Highlights | Sunshine State Community Bank | All Insured Commercial Banks in Florida |
| Balance Sheet $(000) | ||
| Total Assets | 125,531 | 312,421 |
| Total Net Loans | 81,152 | 199,330 |
| Total Deposits | 116,715 | 260,242 |
| Total Equity | 1,680 | 27,969 |
| Profitability | ||
| Net Income | -6,088 | -3,114 |
| Return on Average Assets | -4.314 | -1.238 |
| Return on Average Equity | -136.926 | -15.904 |
| Net Interest Margin | 3.285 | 3.384 |
| Efficiency Ratio | 130.681 | 98.354 |
| Noninterest Income/Revenue | 3.583 | 8.188 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 69.53 | 76.554 |
| Securities/Assets | .129 | .165 |
| Total Equity/Total Assets | .013 | .09 |
| Tangible Equity/Tangible Assets | .013 | .088 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 1,797 | 25,761 |
| Tier 2 Capital | 1,178 | 2,714 |
| Total Capital | 2,975 | 28,516 |
| Total Risk Weighted Assets | 91,372 | 211,169 |
| Leverage Ratio | 1.33 | 8.566 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 1.97 | 12.752 |
| Total Capital Ratio | 3.26 | 14.072 |
Timeline for Sunshine State Community Bank
Florida Community Bank, National Association
Sunshine State Community Bank was acquired by Florida Community Bank, National Association 13 years
View Profile Feb 12 2011
Sunshine Bankshares, Inc.
Sunshine Bankshares, Inc. became a new parent organization for Sunshine State Community Bank.
View Profile Jan 01 2005
Sunshine State Community Bank
Sunshine State Community Bank was established 23 years ago and is currently headquartered in Port Orange, FL.
Jul 24 2000| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Florida Community Bank, National Association | Buyer | 8,387,105 | Failure | 2/12/2011 |
| Relationships | Role | Relationship Start | Relationship End |
| Sunshine Bankshares, Inc. | Parent | 1/1/2005 | 2/11/2011 |
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