Vanguard Bank & Trust Company
Valparaiso, FL — Domestic Branch of a Domestic Bank
Acquired Dec 2008
Vitals
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Total Assets625.5M -3.7 %
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Total Deposits539.3M 2.9 %
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Total Net Loans528.9M -6.8 %
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Net Income
-
Book Value59.4M -13.0 %
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Book Value x2118.8M -13.0 %
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Book Value x3178.3M -13.0 %
Balance Sheet Highlights
| Financial Highlights | Vanguard Bank & Trust Company | All Insured Commercial Banks in Florida |
| Balance Sheet $(000) | ||
| Total Assets | 625,486 | 269,398 |
| Total Net Loans | 528,859 | 201,418 |
| Total Deposits | 539,274 | 211,511 |
| Total Equity | 59,516 | 28,277 |
| Profitability | ||
| Net Income | — | 3,110 |
| Return on Average Assets | — | .724 |
| Return on Average Equity | — | 7.258 |
| Net Interest Margin | 3.661 | 3.538 |
| Efficiency Ratio | 82.908 | 99.7 |
| Noninterest Income/Revenue | 12.241 | |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 98.069 | 92.417 |
| Securities/Assets | .064 | .296 |
| Total Equity/Total Assets | .095 | .105 |
| Tangible Equity/Tangible Assets | .088 | -.036 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 54,551 | 26,262 |
| Tier 2 Capital | 7,575 | 2,865 |
| Total Capital | 62,126 | 29,055 |
| Total Risk Weighted Assets | 599,532 | 211,732 |
| Leverage Ratio | 8.72 | 12.271 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 9.1 | 15.887 |
| Total Capital Ratio | 10.36 | 17.105 |
Timeline for Vanguard Bank & Trust Company
Coastal Bank And Trust Of Florida
Vanguard Bank & Trust Company was acquired by Coastal Bank And Trust Of Florida 15 years
View Profile Dec 13 2008
Vbt Investment Company, Inc.
Vbt Investment Company, Inc. became a new subsidiary organization for Vanguard Bank & Trust Company.
View Profile Feb 10 2006
Ready Bank Of Walton Florida
Acquisition: Vanguard Bank & Trust Company acquired a new subsidiary, Ready Bank Of Walton Florida, 24 years
View Profile Oct 31 1999
Synovus Financial Corp.
Synovus Financial Corp. became a new parent organization for Vanguard Bank & Trust Company.
View Profile Dec 01 1989
Vanguard Bank Of Mary Esther
Acquisition: Vanguard Bank & Trust Company acquired a new subsidiary, Vanguard Bank Of Mary Esther, 37 years
View Profile Jan 01 1987
Want to see more?
Complete timeline for Vanguard Bank & Trust Company is available.
View Complete Timeline| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Coastal Bank And Trust Of Florida | Buyer | 1,733,808 | Pooling of Interests | Discontinued | 12/13/2008 |
| Ready Bank Of Walton Florida | Seller | 65,446 | Pooling of Interests | Discontinued | 10/31/1999 |
| Vanguard Bank Of Mary Esther | Seller | 19,460 | Discontinued | 1/1/1987 |
| Relationships | Role | Relationship Start | Relationship End |
| Synovus Financial Corp. | Parent | 12/1/1989 | 12/12/2008 |
| Vanguard Banks | Parent | 6/30/1985 | 11/30/1989 |
| Vanguard Banks | Parent | 8/31/1983 | 6/29/1985 |
| Vbt Investment Company, Inc. | Subsidary | 6/30/2007 | 12/12/2008 |
| Vbt Investment Company, Inc. | Subsidary | 2/10/2006 | 6/29/2007 |
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