The Bank Of Venice
Venice, FL — Domestic Branch of a Domestic Bank
Acquired Sep 2009
Vitals
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Total Assets91.3M 6.2 %
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Total Deposits71.9M 27.2 %
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Total Net Loans63.0M 2.4 %
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Net Income
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Book Value12.8M -11.6 %
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Book Value x225.5M -11.6 %
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Book Value x338.3M -11.6 %
Balance Sheet Highlights
Financial Highlights | The Bank Of Venice | All Insured Commercial Banks in Florida |
Balance Sheet $(000) | ||
Total Assets | 91,335 | 297,543 |
Total Net Loans | 63,025 | 209,413 |
Total Deposits | 71,943 | 241,215 |
Total Equity | 12,757 | 29,147 |
Profitability | ||
Net Income | — | 1,453 |
Return on Average Assets | — | .546 |
Return on Average Equity | — | 5.686 |
Net Interest Margin | 2.346 | 3.016 |
Efficiency Ratio | 169.649 | 110.145 |
Noninterest Income/Revenue | 6.336 | 19.089 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 87.604 | 84.31 |
Securities/Assets | .114 | .312 |
Total Equity/Total Assets | .14 | .098 |
Tangible Equity/Tangible Assets | .069 | -.144 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 5,927 | 26,595 |
Tier 2 Capital | 722 | 3,285 |
Total Capital | 6,649 | 29,844 |
Total Risk Weighted Assets | 56,726 | 221,982 |
Leverage Ratio | 6.51 | 10.104 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 10.45 | 13.84 |
Total Capital Ratio | 11.72 | 15.111 |
Timeline for The Bank Of Venice
Tib Financial Corp.
Tib Financial Corp. became a new parent organization for The Bank Of Venice.
View Profile May 01 2007The Bank Of Venice
The Bank Of Venice was established 21 years ago and is currently headquartered in Venice, FL.
Jan 13 2003Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Tib Bank | Buyer | 1,730,150 | Pooling of Interests | Discontinued | 9/26/2009 |
Relationships | Role | Relationship Start | Relationship End |
Tib Financial Corp. | Parent | 5/1/2007 | 9/25/2009 |
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