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Bank Directory
The Bank of Commerce
783 South Orange Ave.
Sarasota, Fla. 34236
Phone: (941) 373-0522
Web site: bankofcommercefl.com
Established: Sept. 1, 2000
Lead executive: Charles Murphy, president and CEO
6/30/04 6/30/05
Total employees 30 39
Offices 1 2
Total assets 169,864 236,219
Net loans & leases 141,953 184,372
Total liabilities 156,793 221,152
Total deposits 150,347 209,800
Equity capital 13,071 15,067
Noncurrent loans/leases 0 0
Insider loans 9,556 6,909
Total interest income 4,295 6,376
Total interest expense 1,408 2,485
Net interest income 2,887 3,891
Total noninterest income 103 198
Total noninterest expense 1,852 2,195
Salaries, benefits 1,077 1,301
Pre-tax operating income 987 1,671
Net income 610 1,078
Performance Ratios (%)
Yield on earning assets 5.47% 5.96%
Net interest margin 3.67% 3.64%
Nonint. exp./earning assets 2.36% 2.05%
Return on assets (ROA) 0.75% 0.96%
Return on equity (ROE) 9.37% 14.90%
Net charge-offs to loans 0.02% 0
Efficiency ratio 61.94% 53.68%
Assets/employee ($millions) 5.66 6.06
Loss allowance to loans 1.14% 1.11%
Noncurrent assets, OREO 0 0
Noncurrent loans to loans 0 0
Net loans, leases / deposits 94.42% 87.88%
Equity capital to assets 7.69% 6.38%
Bank of Florida - Southwest
1185 Immokalee Road
Naples, Fla. 34110
Phone: (239) 254-2100
Web site: bankofflorida.com
Established: Aug. 24, 1999
Lead executive: Michael L. McMullan, president & chief executive officer
6/30/04 6/30/05
Total employees 44 31
Offices 2 2
Total assets 210,323 256,945
Net loans & leases 189,631 223,156
Total liabilities 195,734 234,333
Total deposits 187,502 228,974
Equity capital 14,589 22,612
Noncurrent loans/leases 1,257 599
Insider loans 13,249 11,471
Total interest income 4,568 6,929
Total interest expense 1,686 2,743
Net interest income 2,882 4,186
Total noninterest income 316 617
Total noninterest expense 2,575 3,173
Salaries, benefits 1,142 911
Pre-tax operating income 299 1,296
Net income 304 1,296
Performance Ratios (%)
Yield on earning assets 5.28% 5.91%
Net interest margin 3.33% 3.57%
Nonint. exp./earning assets 2.97% 2.71%
Return on assets (ROA) 0.32% 1.03%
Return on equity (ROE) 4.47% 13.02%
Net charge-offs to loans 0 0
Efficiency ratio 80.52% 66.06%
Assets/employee ($millions) 4.78 8.29
Loss allowance to loans 0.72% 0.89%
Noncurrent assets, OREO 0.60% 0.23%
Noncurrent loans to loans 0.66% 0.27%
Net loans, leases / deposits 101.14% 97.46%
Equity capital to assets 6.94% 8.80%
Bank of Naples
4099 Tamiami Trail N.
Naples, Fla. 34109
Phone: (239) 430-2500
Web site: bankofnaples.com
Established: May 8, 2000
S-Corp: yes
Lead executive: Robert W. Carney Jr., president and CEO
6/30/04 6/30/05
Total employees 14 14
Offices 1 1
Total assets 87,631 75,805
Net loans & leases 63,920 64,099
Total liabilities 81,588 69,226
Total deposits 81,496 67,087
Equity capital 6,043 6,579
Noncurrent loans/leases 244 0
Insider loans 1,466 1,528
Total interest income 1,989 2,201
Total interest expense 557 603
Net interest income 1,432 1,598
Total noninterest income 102 78
Total noninterest expense 982 1,035
Salaries, benefits 459 482
Pre-tax operating income 398 455
Net income 398 455
Performance Ratios (%)
Yield on earning assets 5.33% 5.93%
Net interest margin 3.84% 4.30%
Nonint. exp./earning assets 2.63% 2.79%
Return on assets (ROA) 1.02% 1.18%
Return on equity (ROE) 13.61% 14.09%
Net charge-offs to loans 0.29% 0.26%
Efficiency ratio 64.02% 61.75%
Assets/employee ($millions) 6.26 5.41
Loss allowance to loans 1.18% 1.38%
Noncurrent assets, OREO 0.28% 0
Noncurrent loans to loans 0.38% 0
Net loans, leases / deposits 78.43% 95.55%
Equity capital to assets 6.90% 8.68%
Bank of St. Petersburg
201 North Franklin St.
Tampa, Fla. 33602
Phone: (813) 569-7510
Web site: bankofstpetersburg.com
Established: July 3, 1985
S-Corp: yes
Lead executive: Joseph L. Caballero, president and CEO
6/30/04 6/30/05
Total employees 45 59
Offices 3 5
Total assets 125,874 256,692
Net loans & leases 100,979 211,228
Total liabilities 100,139 231,451
Total deposits 94,870 193,486
Equity capital 25,735 25,241
Noncurrent loans/leases 62 94
Insider loans 11,181 11,154
Total interest income 2,417 5,671
Total interest expense 620 1,989
Net interest income 1,797 3,682
Total noninterest income 141 252
Total noninterest expense 2,414 3,173
Salaries, benefits 1,243 1,850
Pre-tax operating income -1,005 318
Net income -1,005 318
Performance Ratios (%)
Yield on earning assets 4.80% 5.85%
Net interest margin 3.57% 3.80%
Nonint. exp./earning assets 4.79% 3.27%
Return on assets (ROA) -1.78% 0.30%
Return on equity (ROE) -9.37% 2.54%
Net charge-offs to loans 0 0
Efficiency ratio 120.33% 78.57%
Assets/employee ($millions) 2.80 4.35
Loss allowance to loans 1.29% 1.18%
Noncurrent assets, OREO 0.05% 0.04%
Noncurrent loans to loans 0.06% 0.04%
Net loans, leases / deposits 106.44% 109.17%
Equity capital to assets 20.45% 9.83%
The Bank of Tampa
4400 North Armenia Ave.
Tampa, Fla. 33603
Phone: (813) 872-1201
Web site: bankoftampa.com
Established: March 30, 1973
Lead executive: A. Gerald Divers, president
6/30/04 6/30/05
Total employees 190 193
Offices 9 9
Total assets 695,994 752,154
Net loans & leases 433,424 464,537
Total liabilities 650,351 695,921
Total deposits 628,204 656,072
Equity capital 45,643 56,233
Noncurrent loans/leases 3,631 557
Insider loans 25,418 37,248
Total interest income 14,444 18,210
Total interest expense 1,687 3,249
Net interest income 12,757 14,961
Total noninterest income 2,077 1,894
Total noninterest expense 9,439 10,390
Salaries, benefits 5,375 5,864
Pre-tax operating income 3,368 5,618
Net income 2,346 3,711
Performance Ratios (%)
Yield on earning assets 4.86% 5.40%
Net interest margin 4.30% 4.44%
Nonint. exp./earning assets 3.18% 3.08%
Return on assets (ROA) 0.71% 1.01%
Return on equity (ROE) 10.38% 13.59%
Net charge-offs to loans 0.05% 0.42%
Efficiency ratio 63.63% 61.64%
Assets/employee ($millions) 3.66 3.90
Loss allowance to loans 1.64% 1.16%
Noncurrent assets, OREO 0.52% 0.07%
Noncurrent loans to loans 0.82% 0.12%
Net loans, leases / deposits 68.99% 70.81%
Equity capital to assets 6.56% 7.48%
The Bank of Venice
240 Nokomis Ave., S.
Venice, Fla. 34285
Phone: (941) 485-3699
Web site: bankofvenice.com
Established: Jan. 13, 2003
S-Corp: yes
Lead executive: David Voigt, president
6/30/04 6/30/05
Total employees 10 12
Offices 2 2
Total assets 33,736 48,288
Net loans & leases 20,665 38,868
Total liabilities 27,998 40,406
Total deposits 27,938 40,319
Equity capital 5,738 7,882
Noncurrent loans/leases 0 0
Insider loans 2,310 2,243
Total interest income 559 1,086
Total interest expense 128 245
Net interest income 431 841
Total noninterest income 24 61
Total noninterest expense 556 613
Salaries, benefits 322 315
Pre-tax operating income -156 178
Net income -156 178
Performance Ratios (%)
Yield on earning assets 4.64% 5.40%
Net interest margin 3.57% 4.18%
Nonint. exp./earning assets 4.61% 3.05%
Return on assets (ROA) -1.09% 0.79%
Return on equity (ROE) -5.34% 4.58%
Net charge-offs to loans 0 0.21%
Efficiency ratio 122.20% 67.96%
Assets/employee ($millions) 3.37 4.02
Loss allowance to loans 1.07% 0.95%
Loss allowance to noncurrent loans N/A N/A
Noncurrent assets, OREO 0 0
Noncurrent loans to loans 0 0
Net loans, leases / deposits 73.97% 96.40%
Equity capital to assets 17.01% 16.32%
Bay Cities Bank
2202 N. Westshore Blvd., Suite 150
Tampa, Fla. 33607
Phone: (813) 281-0009
Web site: bay-cities-bank.com
Established: Nov. 10, 1999
Lead executive: Gregory W. Bryant, president and CEO
6/30/04 6/30/05
Total employees 28 45
Offices 2 4
Total assets 176,265 239,666
loans & leases 107,316 144,186
Total liabilities 162,402 221,061
Total deposits 151,051 198,794
Equity capital 13,863 18,605
Noncurrent loans/leases 400 104
Insider loans 5,433 7,143
Total interest income 4,398 5,541
Total interest expense 1,656 2,112
Net interest income 2,742 3,429
Total noninterest income 185 466
Total noninterest expense 1,788 2,784
Salaries, benefits 858 1,498
Pre-tax operating income 831 1,061
Net income 515 674
Performance Ratios (%)
Yield on earning assets 5.58% 5.60%
Net interest margin 3.48% 3.46%
Nonint. exp./earning assets 2.27% 2.81%
Return on assets (ROA) 0.62% 0.63%
Return on equity (ROE) 7.78% 7.84%
Net charge-offs to loans 0 0
Efficiency ratio 61.09% 71.48%
Assets/employee ($millions) 6.30 5.33
Loss allowance to loans 1.51% 1.24%
Noncurrent assets, OREO 0.23% 0.04%
Noncurrent loans to loans 0.37% 0.07%
Net loans, leases / deposits 71.05% 72.53%
Equity capital to assets 7.86% 7.76%
Bay Financial Savings Bank
5537 Sheldon Road, Suite D
Tampa, Fla. 33615
Phone: (813) 886-5626
Web site: bayfinancial.com
Established: Oct. 25, 1984
Lead executive: A.R. Nernberg, chairman and CEO
6/30/04 6/30/05
Total employees 27 11
Offices 1 1
Total assets 119,508 105,991
Net loans & leases 112,236 76,335
Total liabilities 98,225 83,407
Total deposits 83,862 76,133
Equity capital 21,283 22,584
Noncurrent loans/leases 4,010 3,690
Insider loans 2,008 964
Total interest income 3,291 3,152
Total interest expense 1,416 1,473
Net interest income 1,875 1,679
Total noninterest income 231 151
Total noninterest expense 1,180 667
Salaries, benefits 782 363
Pre-tax operating income 916 1,153
Net income 558 715
Performance Ratios (%)
Yield on earning assets 5.91% 5.56%
Net interest margin 3.36% 2.96%
Nonint. exp./earning assets 2.12% 1.18%
Return on assets (ROA) 0.97% 1.22%
Return on equity (ROE) 5.32% 6.44%
Net charge-offs to loans 0.16% 0.25%
Efficiency ratio 56.03% 36.45%
Assets/employee ($millions) 4.43 9.64
Loss allowance to loans 2.33% 3.00%
Noncurrent assets, OREO 3.60% 4.06%
Noncurrent loans to loans 3.49% 4.69%
Net loans, leases / deposits 133.83% 100.27%
Equity capital to assets 17.81% 21.31%
Centerstate Bank West Florida
6930 Gall Blvd.
Zephyrhills, Fla. 33541
Phone: (813) 783-8122 Fax: (813) 783-3599
Web site: cnbpasco.com
Established: Nov. 3, 1989
Lead executive: James S. Stalnaker Jr., president and CEO
6/30/04 6/30/05
Total employees 72 71
Offices 7 7
Total assets 198,444 242,451
Net loans & leases 154,149 177,243
Total liabilities 183,399 225,500
Total deposits 180,244 209,948
Equity capital 15,045 16,951
Noncurrent loans/leases 210 301
Insider loans 6,171 4,770
Total interest income 4,685 6,100
Total interest expense 1,403 1,925
Net interest income 3,282 4,175
Total noninterest income 2,611 729
Total noninterest expense 2,769 2,850
Salaries, benefits 1,475 1,535
Pre-tax operating income 2,854 1,814
Net income 1,795 1,134
Performance Ratios (%)
Yield on earning assets 5.27% 6.14%
Net interest margin 3.69% 4.20%
Nonint. exp./earning assets 3.12% 2.87%
Return on assets (ROA) 1.83% 1.01%
Return on equity (ROE) 24.91% 13.86%
Net charge-offs to loans 0.04% 0.02%
Efficiency ratio 46.99% 58.12%
Assets/employee ($millions) 2.76 3.41
Loss allowance to loans 1.27% 1.34%
Noncurrent assets, OREO 0.19% 0.15%
Noncurrent loans to loans 0.13% 0.17%
Net loans, leases / deposits 85.52% 84.42%
Equity capital to assets 7.58% 6.99%
Century Bank FSB
1680 Fruitville Road
Sarasota, Fla. 34236
Phone: (941) 366-1050
Web site: centurybankfl.com
Established: Jan. 23, 1985
Lead executive: John P. O'Neill, president and COO
6/30/04 6/30/05
Total employees 104 114
Offices 7 7
Total assets 452,115 552,042
Net loans & leases 390,214 487,493
Total liabilities 423,842 514,637
Total deposits 321,709 417,356
Equity capital 28,273 37,405
Noncurrent loans/leases 3,462 973
Insider loans 100 200
Total interest income 11,838 15,870
Total interest expense 5,293 6,772
Net interest income 6,545 9,098
Total noninterest income 1,795 1,367
Total noninterest expense 4,746 4,440
Salaries, benefits 2,411 2,649
Pre-tax operating income 3,319 5,725
Net income 2,421 3,810
Performance Ratios (%)
Yield on earning assets 5.81% 6.29%
Net interest margin 3.21% 3.60%
Nonint. exp./earning assets 2.33% 1.76%
Return on assets (ROA) 1.12% 1.44%
Return on equity (ROE) 17.76% 21.43%
Net charge-offs to loans 0.05% 0.03%
Efficiency ratio 56.91% 42.43%
Assets/employee ($millions) 4.35 4.84
Loss allowance to loans 0.81% 0.71%
Noncurrent assets, OREO 0.82% 0.23%
Noncurrent loans to loans 0.88% 0.20%
Net loans, leases / deposits 121.29% 116.81%
Equity capital to assets 6.25% 6.78%
Century Bank of Florida
716 West Fletcher Ave.
Tampa, Fla. 33612
Phone: (813) 961-3300 Fax: (813) 962-0534
Web site: centurybk.com
Established: Sept. 11, 2000
Lead executive: Jose Vivero, chair, president and CEO
6/30/04 6/30/05
Total employees 12 10
Offices 1 1
Total assets 74,689 83,514
Net loans & leases 42,093 49,984
Total liabilities 66,475 74,464
Total deposits 56,778 74,065
Equity capital 8,214 9,050
Noncurrent loans/leases 134 144
Insider loans 2,777 3,050
Total interest income 1,729 2,258
Total interest expense 424 538
Net interest income 1,305 1,720
Total noninterest income 185 259
Total noninterest expense 1,061 1,337
Salaries, benefits 567 771
Pre-tax operating income 353 533
Net income 252 408
Performance Ratios (%)
Yield on earning assets 5.98% 5.91%
Net interest margin 4.51% 4.50%
Nonint. exp./earning assets 3.67% 3.50%
Return on assets (ROA) 0.77% 0.96%
Return on equity (ROE) 6.12% 9.25%
Net charge-offs to loans 0 0.01%
Efficiency ratio 71.21% 67.56%
Assets/employee ($millions) 6.22 8.35
Loss allowance to loans 1.26% 1.48%
Noncurrent assets, OREO 0.18% 0.17%
Noncurrent loans to loans 0.31% 0.28%
Net loans, leases / deposits 74.14% 67.49%
Equity capital to assets 11.00% 10.84%
Charlotte State Bank
1100 Tamiami Trail
Port Charlotte, Fla. 33953
Phone: (941) 624-5400 Fax: (941) 624-2308
Web site: charlottestatebank.com
Established: Nov. 3, 1987
S-Corp: yes
Lead executive: C. G. Brown III, president
6/30/04 6/30/05
Total employees 77 91
Offices 5 5
Total assets 165,874 237,792
Net loans & leases 121,373 145,444
Total liabilities 152,896 222,610
Total deposits 147,995 217,858
Equity capital 12,978 15,182
Noncurrent loans/leases 0 26
Insider loans 0 0
Total interest income 4,097 5,704
Total interest expense 578 782
Net interest income 3,519 4,922
Total noninterest income 1,319 1,382
Total noninterest expense 3,322 3,778
Salaries, benefits 1,868 2,146
Pre-tax operating income 1,384 2,394
Net income 1,384 2,394
Performance Ratios (%)
Yield on earning assets 5.74% 5.05%
Net interest margin 4.93% 4.35%
Nonint. exp./earning assets 4.65% 3.34%
Return on assets (ROA) 1.75% 1.95%
Return on equity (ROE) 21.77% 32.94%
Net charge-offs to loans -0.02% -0.00%
Efficiency ratio 68.17% 59.55%
Assets/employee ($millions) 2.15 2.61
Loss allowance to loans 1.24% 1.15%
Noncurrent assets, OREO 0 0.01%
Noncurrent loans to loans 0 0.02%
Net loans, leases / deposits 82.01% 66.76%
Equity capital to assets 7.82% 6.38%
Coast Bank of Florida
1301 6th Ave., W.
Bradenton, Fla. 34205
Phone: (941) 752-5900 Fax: (941) 345-1048
Web site: coastbankflorida.com
Established: April 7, 2000
Lead executive: Brian Peters, president COO
6/31/04 6/30/05
Total employees 115 153
Domestic Offices 8 11
Total assets 334,523 468,039
Net loans & leases 256,969 359,645
Total liabilities 306,285 434,400
Total deposits 280,565 394,961
Equity capital 28,238 33,639
Noncurrent loans/leases 1,770 1,071
Insider loans 3,911 4,748
Total interest income 7,985 11,306
Total interest expense 3,334 5,196
Net interest income 4,651 6,110
Total noninterest income 1,537 1,205
Total noninterest expense 4,766 6,748
Salaries, benefits 2,549 3,346
Pre-tax operating income 602 -1,317
Net income 373 -830
Performance Ratios (%)
Yield on earning assets 5.77% 5.81%
Net interest margin 3.36% 3.14%
Nonint. exp./earning assets 3.44% 3.47%
Return on assets (ROA) 0.25% -0.39%
Return on equity (ROE) 2.93% -5.30%
Net charge-offs to loans 0.98% 0.97%
Efficiency ratio 77.02% 92.25%
Assets/employee ($millions) 2.91 3.06
Loss allowance to loans 1.08% 0.88%
Noncurrent assets, OREO 0.53% 0.26%
Noncurrent loans to loans 0.68% 0.30%
Net loans, leases / deposits 91.59% 91.06%
Equity capital to assets 8.44% 7.19%
Community Bank of Manatee
6000 State Road 70 East
Bradenton, Fla. 34203
Phone: (941) 756-0099 Fax: (941) 756-0013
Web site: communitybanknow.com
Established: Nov. 17, 1995
Lead executive: William H. Sedgeman, chairman and CEO
6/30/04 6/30/05
Total employees 29 37
Offices 4 4
Total assets 151,067 195,195
Net loans & leases 111,899 133,935
Total liabilities 140,733 182,859
Total deposits 132,820 173,086
Equity capital 10,334 12,336
Noncurrent loans/leases 1,635 26
Insider loans 474 474
Total interest income 3,670 4,808
Total interest expense 1,500 1,810
Net interest income 2,170 2,998
Total noninterest income 791 495
Total noninterest expense 1,751 2,311
Salaries, benefits 944 1,333
Pre-tax operating income 800 1,032
Net income 484 630
Performance Ratios (%)
Yield on earning assets 5.62% 5.93%
Net interest margin 3.33% 3.70%
Nonint. exp./earning assets 2.68% 2.85%
Return on assets (ROA) 0.68% 0.72%
Return on equity (ROE) 9.63% 10.64%
Net charge-offs to loans 0.17% 0.38%
Efficiency ratio 59.14% 66.16%
Assets/employee ($millions) 5.21 5.28
Loss allowance to loans 1.58% 1.02%
Noncurrent assets, OREO 1.08% 0.01%
Noncurrent loans to loans 1.44% 0.02%
Net loans, leases / deposits 84.25% 77.38%
Equity capital to assets 6.84% 6.32%
Community Bank of Naples NA
5150 N. Tamiami Trail
Naples, Fla. 34103
Phone: (239) 649-1500
Web site: cbnaples.com
Established: Dec. 31, 1998
Lead executive: Greg Murphy, president
6/30/04 6/30/05
Total employees 46 60
Offices 4 4
Total assets 267,105 363,623
Net loans & leases 219,595 283,855
Total liabilities 246,501 337,662
Total deposits 203,787 269,607
Equity capital 20,604 25,961
Noncurrent loans/leases 611 237
Insider loans 11,331 10,364
Total interest income 6,250 9,082
Total interest expense 1,492 2,460
Net interest income 4,758 6,622
Total noninterest income 709 844
Total noninterest expense 2,083 2,860
Salaries, benefits 1,468 1,800
Pre-tax operating income 3,231 4,024
Net income 2,009 2,497
Performance Ratios (%)
Yield on earning assets 5.31% 5.90%
Net interest margin 4.04% 4.30%
Nonint. exp./earning assets 1.77% 1.86%
Return on assets (ROA) 1.56% 1.49%
Return on equity (ROE) 20.45% 20.27%
Net charge-offs to loans 0.07% 0.05%
Efficiency ratio 38.10% 38.31%
Assets/employee ($millions) 5.81 6.06
Loss allowance to loans 1.30% 1.28%
Noncurrent assets, OREO 0.23% 0.07%
Noncurrent loans to loans 0.27% 0.08%
Net loans, leases / deposits 107.76% 105.28%
Equity capital to assets 7.71% 7.14%
Community National Bank of Sarasota County
201 Center Road
Venice, Fla. 34292
Phone: (941) 497-6660
Fax: (941) 497-5022
Web site: cnbsara.com
Established: Feb. 16, 1988
S-Corp: yes
Lead executive: Roger L. Baldinger, president and CEO
6/30/04 6/30/05
Total employees 33 40
Offices 4 4
Total assets 98,740 105,134
Net loans & leases 83,041 93,240
Total liabilities 91,146 96,115
Total deposits 90,261 92,955
Equity capital 7,594 9,019
Noncurrent loans/leases 102 109
Insider loans 1,014 999
Total interest income 2,713 3,403
Total interest expense 451 584
Net interest income 2,262 2,819
Total noninterest income 228 411
Total noninterest expense 1,443 1,639
Salaries, benefits 755 897
Pre-tax operating income 1,000 1,439
Net income 1,000 1,439
Performance Ratios (%)
Yield on earning assets 6.50% 7.04%
Net interest margin 5.42% 5.83%
Nonint. exp./earning assets 3.46% 3.39%
Return on assets (ROA) 2.07% 2.63%
Return on equity (ROE) 27.06% 33.30%
Net charge-offs to loans 0.03% -0.01%
Efficiency ratio 57.95% 50.74%
Assets/employee ($millions) 2.99 2.63
Loss allowance to loans 0.91% 1.03%
Noncurrent assets, OREO 0.10% 0.10%
Noncurrent loans to loans 0.12% 0.12%
Net loans, leases / deposits 92.00% 100.31%
Equity capital to assets 7.69% 8.58%
Cornerstone Community Bank
6300 4th St., N.
St. Petersburg, Fla. 33702
Phone: (727) 526-5678
Web site: cornerstonebankfl.com
Established: March 15, 1999
Lead executive: Robert L. Carr, chairman president and CEO
6/30/04 6/30/05
Total employees 43 53
Offices 5 6
Total assets 163,763 214,514
Net loans & leases 129,835 169,079
Total liabilities 149,648 198,728
Total deposits 142,047 182,204
Equity capital 14,115 15,786
Noncurrent loans/leases 1 30
Insider loans 3,614 4,109
Total interest income 3,871 5,390
Total interest expense 1,221 1,999
Net interest income 2,650 3,391
Total noninterest income 381 375
Total noninterest expense 1,844 2,266
Salaries, benefits 988 1,177
Pre-tax operating income 933 1,335
Net income 586 851
Performance Ratios (%)
Yield on earning assets 5.62% 5.83%
Net interest margin 3.85% 3.67%
Nonint. exp./earning assets 2.68% 2.45%
Return on assets (ROA) 0.78% 0.84%
Return on equity (ROE) 8.46% 11.09%
Net charge-offs to loans 0.10% 0
Efficiency ratio 60.11% 59.61%
Assets/employee ($millions) 3.81 4.05
Loss allowance to loans 1.15% 1.11%
Noncurrent assets, OREO 0.00% 0.01%
Noncurrent loans to loans 0.00% 0.02%
Net loans, leases / deposits 91.40% 92.80%
Equity capital to assets 8.62% 7.36%
Englewood Bank
1111 South McCall Road
Englewood, Fla. 34223
Phone: (941) 473-4503
Web site: englewoodbank.com
Established: April 4, 1988
S-Corp: yes
Lead executive: Charles G. Brown, CEO
6/30/04 6/30/05
Total employees 71 78
Offices 6 6
Total assets 171,723 181,632
Net loans & leases 76,934 96,751
Total liabilities 149,558 158,436
Total deposits 145,862 155,433
Equity capital 22,165 23,196
Noncurrent loans/leases 38 2,313
Insider loans 0 0
Total interest income 3,019 3,946
Total interest expense 530 507
Net interest income 2,489 3,439
Total noninterest income 260 487
Total noninterest expense 2,208 2,979
Salaries, benefits 1,234 1,722
Pre-tax operating income 541 922
Net income 542 922
Performance Ratios (%)
Yield on earning assets 4.11% 5.14%
Net interest margin 3.39% 4.48%
Nonint. exp./earning assets 3.01% 3.88%
Return on assets (ROA) 0.64% 1.02%
Return on equity (ROE) 5.60% 8.00%
Net charge-offs to loans -0.06% -0.08%
Efficiency ratio 77.63% 73.89%
Assets/employee ($millions) 2.42 2.33
Loss allowance to loans 1.52% 1.24%
Noncurrent assets, OREO 0.02% 1.27%
Noncurrent loans to loans 0.05% 2.36%
Net loans, leases / deposits 52.74% 62.25%
Equity capital to assets 12.91% 12.77%
First America Bank
410 43rd St., W., Suite C
Bradenton, Fla. 34209
Phone: (941) 727-2500
Web site: firstamericabank.com
Established: June 1, 2004
Lead executive: Daniel S. Hager, chairman and CEO
6/30/04 6/30/05
Total employees 14 15
Offices 1 1
Total assets 14,701 47,938
Net loans & leases 939 21,417
Total liabilities 5,074 39,155
Total deposits 5,060 39,036
Equity capital 9,627 8,783
Noncurrent loans/leases 0 0
Insider loans 0 0
Total interest income 15 937
Total interest expense 7 393
Net interest income 8 544
Total noninterest income 0 34
Total noninterest expense 547 1,037
Salaries, benefits 83 557
Pre-tax operating income -550 -547
Net income -373 -341
Performance Ratios (%)
Yield on earning assets 0.22% 4.65%
Net interest margin 0.12% 2.70%
Nonint. exp./earning assets 7.94% 5.14%
Return on assets (ROA) -5.07% -1.56%
Return on equity (ROE) -7.75% -7.64%
Net charge-offs to loans 0 0
Efficiency ratio 6,837.50% 179.41%
Assets/employee ($millions) 1.05 3.20
Loss allowance to loans 1.16% 1.15%
Noncurrent assets, OREO 0 0
Noncurrent loans to loans 0 0
Net loans, leases / deposits 18.56% 54.86%
Equity capital to assets 65.49% 18.32%
First Citrus Bank
13850 Sheldon Road
Tampa, Fla. 33626
Phone: (813) 926-5588
Web site: firstcitrus.com
Established: Feb. 1, 1999
Lead executive: John M. Barrett, president and CEO
6/30/04 6/30/05
Total employees 41 40
Offices 3 3
Total assets 130,218 161,426
Net loans & leases 104,285 119,545
Total liabilities 113,942 143,951
Total deposits 111,981 143,707
Equity capital 16,276 17,475
Noncurrent loans/leases 92 882
Insider loans 3,763 4,270
Total interest income 3,462 4,460
Total interest expense 1,003 1,363
Net interest income 2,459 3,097
Total noninterest income 177 166
Total noninterest expense 1,952 2,230
Salaries, benefits 1,099 1,160
Pre-tax operating income 409 932
Net income 250 578
Performance Ratios (%)
Yield on earning assets 5.89% 6.28%
Net interest margin 4.19% 4.36%
Nonint. exp./earning assets 3.32% 3.14%
Return on assets (ROA) 0.40% 0.76%
Return on equity (ROE) 3.10% 6.75%
Net charge-offs to loans 0.05% 0
Efficiency ratio 74.05% 68.34%
Assets/employee ($millions) 3.18 4.04
Loss allowance to loans 1.15% 1.23%
Noncurrent assets, OREO 0.07% 0.81%
Noncurrent loans to loans 0.09% 0.73%
Net loans, leases / deposits 93.13% 83.19%
Equity capital to assets 12.50% 10.83%
First Commercial Bank of Tampa Bay
4600 W. Kennedy Blvd.
Tampa, Fla. 33609
Phone: (813) 287-0500
Web site: fcbtampa.com
Established: Sept. 13, 1989
Lead executive: Albert M. Salem Jr., chairman, president and CEO
6/30/04 6/30/05
Total employees 28 33
Offices 1 2
Total assets 136,314 155,003
Net loans & leases 102,217 109,956
Total liabilities 126,457 143,478
Total deposits 117,122 133,828
Equity capital 9,857 11,525
Noncurrent loans/leases 341 820
Insider loans 1,109 3,217
Total interest income 3,411 4,521
Total interest expense 1,267 1,602
Net interest income 2,144 2,919
Total noninterest income 239 239
Total noninterest expense 1,750 1,990
Salaries, benefits 894 1,033
Pre-tax operating income 485 1,075
Net income 310 688
Performance Ratios (%)
Yield on earning assets 5.75% 6.38%
Net interest margin 3.62% 4.12%
Nonint. exp./earning assets 2.95% 2.81%
Return on assets (ROA) 0.50% 0.92%
Return on equity (ROE) 6.91% 12.33%
Net charge-offs to loans 0.02% 0.01%
Efficiency ratio 73.44% 63.01%
Assets/employee ($millions) 4.87 4.70
Loss allowance to loans 1.30% 1.37%
Noncurrent assets, OREO 0.25% 0.53%
Noncurrent loans to loans 0.33% 0.74%
Net loans, leases / deposits 87.27% 82.16%
Equity capital to assets 7.23% 7.44%
First Community Bank of America
6100 4th St., N.
St. Petersburg, Fla. 33703
Phone: (727) 520-8837
Web site: efirstcommbank.com
Established: Feb. 11, 1985
Lead executive: Kenneth P. Cherven, president and CEO
6/30/04 6/30/05
Total employees 52 69
Offices 4 4
Total assets 210,468 272,589
Net loans & leases 180,441 234,868
Total liabilities 193,937 251,661
Total deposits 178,070 232,437
Equity capital 16,531 20,928
Noncurrent loans/leases 90 9
Insider loans 803 760
Total interest income 5,351 7,485
Total interest expense 1,536 2,028
Net interest income 3,815 5,457
Total noninterest income 577 496
Total noninterest expense 2,621 3,584
Salaries, benefits 1,640 2,256
Pre-tax operating income 1,510 2,008
Net income 957 1,265
Performance Ratios (%)
Yield on earning assets 5.77% 6.21%
Net interest margin 4.11% 4.53%
Nonint. exp./earning assets 2.83% 2.98%
Return on assets (ROA) 0.97% 0.98%
Return on equity (ROE) 11.89% 12.66%
Net charge-offs to loans 0 0.02%
Efficiency ratio 59.68% 60.20%
Assets/employee ($millions) 4.05 3.95
Loss allowance to loans 1.26% 1.25%
Noncurrent assets, OREO 0.04% 0.00%
Noncurrent loans to loans 0.05% 0.00%
Net loans, leases / deposits 101.33% 101.05%
Equity capital to assets 7.85% 7.68%
First Community Bank of Southwest Florida
1565 Red Cedar Drive
Fort Myers, Fla. 33907
Phone: (239) 939-4100
Web site: fcb-yourbank.com
Established: March 1, 1999
Lead executive: Edward Black, president and CEO
6/30/04 6/30/05
Total employees 60 66
Offices 2 2
Total assets 194,801 327,884
Net loans & leases 167,301 280,596
Total liabilities 178,220 299,805
Total deposits 158,099 278,109
Equity capital 16,581 28,079
Noncurrent loans/leases 1,467 472
Insider loans 4,687 7,663
Total interest income 5,371 11,834
Total interest expense 1,702 3,840
Net interest income 3,669 7,994
Total noninterest income 666 766
Total noninterest expense 2,138 2,760
Salaries, benefits 1,304 1,792
Pre-tax operating income 1,701 5,391
Net income 1,057 3,358
Performance Ratios (%)
Yield on earning assets 7.12% 8.77%
Net interest margin 4.87% 5.93%
Nonint. exp./earning assets 2.84% 2.05%
Return on assets (ROA) 1.30% 2.32%
Return on equity (ROE) 15.55% 27.52%
Net charge-offs to loans 0 0.02%
Efficiency ratio 49.32% 31.51%
Assets/employee ($millions) 3.25 4.97
Loss allowance to loans 1.07% 1.08%
Noncurrent assets, OREO 0.83% 0.15%
Noncurrent loans to loans 0.87% 0.17%
Net loans, leases / deposits 105.82% 100.89%
Equity capital to assets 8.51% 8.56%
First Florida Bank
8850 Tamiami Trail N.
Naples, Fla. 34108
Phone: (239) 597-8989
Web site: firstfloridabank.com
Established: Aug. 30, 1999
Lead executive: Robert O. Smedley, president and CEO
6/30/04 6/30/05
Total employees 49 55
Offices 3 3
Total assets 219,732 322,237
Net loans & leases 193,534 292,230
Total liabilities 197,421 287,159
Total deposits 191,826 285,290
Equity capital 22,311 35,078
Noncurrent loans/leases 541 3,295
Insider loans 910 1,014
Total interest income 6,574 10,614
Total interest expense 1,945 3,684
Net interest income 4,629 6,930
Total noninterest income 245 212
Total noninterest expense 2,478 2,388
Salaries, benefits 1,428 1,203
Pre-tax operating income 1,885 3,966
Net income 1,178 2,436
Performance Ratios (%)
Yield on earning assets 7.21% 7.38%
Net interest margin 5.08% 4.82%
Nonint. exp./earning assets 2.72% 1.66%
Return on assets (ROA) 1.21% 1.61%
Return on equity (ROE) 12.08% 16.40%
Net charge-offs to loans 0 0.13%
Efficiency ratio 50.84% 33.44%
Assets/employee ($millions) 4.48 5.86
Loss allowance to loans 1.00% 1.06%
Noncurrent assets, OREO 0.25% 1.02%
Noncurrent loans to loans 0.28% 1.12%
Net loans, leases / deposits 100.89% 102.43%
Equity capital to assets 10.15% 10.89%
First Home Bank
9190 Seminole Blvd.
Seminole, Fla. 33772
Phone: (727) 394-2265
Web site: firsthomebank.com
Established: Feb. 12, 1999
S-Corp: yes
Lead executive: Jeffory H. Forbes, president and CEO
6/30/04 6/30/05
Total employees 22 20
Offices 1 1
Total assets 72,997 77,478
Net loans & leases 58,565 64,533
Total liabilities 66,572 70,477
Total deposits 59,934 63,457
Equity capital 6,425 7,001
Noncurrent loans/leases 225 0
Insider loans 490 350
Total interest income 2,059 2,241
Total interest expense 489 593
Net interest income 1,570 1,648
Total noninterest income 243 252
Total noninterest expense 995 1,143
Salaries, benefits 517 630
Pre-tax operating income 776 715
Net income 791 715
Performance Ratios (%)
Yield on earning assets 6.17% 6.35%
Net interest margin 4.70% 4.67%
Nonint. exp./earning assets 2.98% 3.24%
Return on assets (ROA) 2.26% 1.92%
Return on equity (ROE) 25.23% 20.92%
Net charge-offs to loans -0.01% -0.03%
Efficiency ratio 54.88% 60.16%
Assets/employee ($millions) 3.32 3.87
Loss allowance to loans 1.48% 1.42%
Noncurrent assets, OREO 0.31% 0
Noncurrent loans to loans 0.38% 0
Net loans, leases / deposits 97.72% 101.70%
Equity capital to assets 8.80% 9.04%
First Kensington Bank
13246 N. Dale Mabry Highway
Tampa, Fla. 33624
Phone: 813-961-6200
Web site: 1stkensington.com
Established: Feb. 28, 2000
Lead executive: Gerald K. Archibald, president, chief executive officer
6/30/04 6/30/05
Total employees 50 59
Offices 11 12
Total assets 289,491 279,879
Net loans & leases 100,030 115,020
Total liabilities 263,944 252,228
Total deposits 263,654 248,952
Equity capital 25,547 27,651
Noncurrent loans/leases 19 0
Insider loans 2,249 1,286
Total interest income 6,982 7,390
Total interest expense 2,567 2,609
Net interest income 4,415 4,781
Total noninterest income 124 164
Total noninterest expense 2,201 2,414
Salaries, benefits 1,144 1,379
Pre-tax operating income 2,278 2,464
Net income 1,471 1,511
Performance Ratios (%)
Yield on earning assets 4.97% 5.56%
Net interest margin 3.14% 3.60%
Nonint. exp./earning assets 1.57% 1.82%
Return on assets (ROA) 1.01% 1.10%
Return on equity (ROE) 11.84% 11.03%
Net charge-offs to loans 0 -0.04%
Efficiency ratio 48.49% 48.82%
Assets/employee ($millions) 5.79 4.74
Loss allowance to loans 0.95% 0.94%
Noncurrent assets, OREO 0.01% 0
Noncurrent loans to loans 0.02% 0
Net loans, leases / deposits 37.94% 46.20%
Equity capital to assets 8.82% 9.88%
1st National Bank & Trust
5817 Manatee Ave., W.
Bradenton, Fla. 34209
Phone: (941) 794-6969
Web site: firstnbt.com
Established: July 18, 1986
Lead executive: Francis I. "Rip" duPont III, chairman and CEO
6/30/04 6/30/05
Total employees 78 92
Offices 8 8
Total assets 304,785 347,095
Net loans & leases 223,555 252,670
Total liabilities 280,760 318,646
Total deposits 262,334 292,367
Equity capital 24,025 28,449
Noncurrent loans/leases 1,362 0
Insider loans 2,648 5,651
Total interest income 7,430 9,516
Total interest expense 1,996 2,947
Net interest income 5,434 6,569
Total noninterest income 1,142 1,344
Total noninterest expense 4,230 4,713
Salaries, benefits 2,621 2,943
Pre-tax operating income 2,146 3,006
Net income 1,384 1,944
Performance Ratios (%)
Yield on earning assets 5.45% 6.14%
Net interest margin 3.98% 4.24%
Nonint. exp./earning assets 3.10% 3.04%
Return on assets (ROA) 0.94% 1.17%
Return on equity (ROE) 11.90% 14.17%
Net charge-offs to loans 0.00% -0.00%
Efficiency ratio 64.32% 59.56%
Assets/employee ($millions) 3.91 3.77
Loss allowance to loans 1.00% 1.00%
Noncurrent assets, OREO 0.45% 0
Noncurrent loans to loans 0.60% 0
Net loans, leases / deposits 85.22% 86.42%
Equity capital to assets 7.88% 8.20%
First National Bank of Pasco
13315 U.S. Highway 301
Dade City, Fla. 33525
Phone: (352) 521-0141
Web site: fnbpasco.com
Established: Nov. 3, 1986
Lead executive: J. Lamar Roberts president and CEO
6/30/04 6/30/05
Total employees 34 37
Offices 3 3
Total assets 88,596 104,083
Net loans & leases 64,635 72,870
Total liabilities 81,663 95,831
Total deposits 73,953 91,454
Equity capital 6,933 8,252
Noncurrent loans/leases 294 161
Insider loans 1,549 820
Total interest income 2,575 2,991
Total interest expense 406 542
Net interest income 2,169 2,449
Total noninterest income 477 424
Total noninterest expense 1,867 1,928
Salaries, benefits 963 1,028
Pre-tax operating income 719 945
Net income 481 608
Performance Ratios (%)
Yield on earning assets 6.48% 6.46%
Net interest margin 5.46% 5.29%
Nonint. exp./earning assets 4.70% 4.16%
Return on assets (ROA) 1.12% 1.22%
Return on equity (ROE) 14.01% 15.39%
Net charge-offs to loans 0 -0.01%
Efficiency ratio 70.56% 67.11%
Assets/employee ($millions) 2.61 2.81
Loss allowance to loans 1.02% 1.08%
Noncurrent assets, OREO 0.41% 0.17%
Noncurrent loans to loans 0.45% 0.22%
Net loans, leases / deposits 87.40% 79.68%
Equity capital to assets 7.83% 7.93%
First Priority Bank
4702 Cortez Road W.
Bradenton, Fla. 34207
Phone: (941) 750-6400
Web site: fpbank.com
Established: Dec. 8, 2003
Lead executive: George Najmy, president and CEO
6/30/04 6/30/05
Total employees 17 28
Offices 1 2
Total assets 41,978 101,798
Net loans & leases 22,296 84,015
Total liabilities 34,430 86,440
Total deposits 34,366 86,215
Equity capital 7,548 15,358
Noncurrent loans/leases 0 0
Insider loans 3,073 1,931
Total interest income 423 2,321
Total interest expense 332 1,021
Net interest income 91 1,300
Total noninterest income 23 423
Total noninterest expense 873 1,587
Salaries, benefits 470 1,007
Pre-tax operating income -1,039 -220
Net income -641 -152
Performance Ratios (%)
Yield on earning assets 3.14% 6.06%
Net interest margin 0.68% 3.39%
Nonint. exp./earning assets 6.48% 4.14%
Return on assets (ROA) -4.37% -0.37%
Return on equity (ROE) -16.28% -2.47%
Net charge-offs to loans 0 0
Efficiency ratio 765.79% 92.11%
Assets/employee ($millions) 2.47 3.64
Loss allowance to loans 1.25% 1.08%
Noncurrent assets, OREO 0 0
Noncurrent loans to loans 0 0
Net loans, leases / deposits 64.88% 97.45%
Equity capital to assets 17.98% 15.09%
First State Bank
22 South Links Ave.
Sarasota, Fla. 34236
Phone: (941) 929-9000
Web site: firststatefl.com
Established: Oct. 27, 1988
Lead executive: Corey J. Coughlin, president and CEO
6/30/04 6/30/05
Total employees 69 83
Offices 6 6
Total assets 231,714 314,313
Net loans & leases 196,350 279,217
Total liabilities 214,211 271,296
Total deposits 209,826 267,130
Equity capital 17,503 43,017
Noncurrent loans/leases 1,016 921
Insider loans 734 2,910
Total interest income 6,587 9,171
Total interest expense 2,291 3,097
Net interest income 4,296 6,074
Total noninterest income 546 698
Total noninterest expense 3,112 3,780
Salaries, benefits 1,686 2,227
Pre-tax operating income 1,539 2,767
Net income 960 1,726
Performance Ratios (%)
Yield on earning assets 6.27% 6.53%
Net interest margin 4.09% 4.32%
Nonint. exp./earning assets 2.96% 2.69%
Return on assets (ROA) 0.86% 1.17%
Return on equity (ROE) 11.61% 8.18%
Net charge-offs to loans -0.02% -0.02%
Efficiency ratio 64.27% 55.82%
Assets/employee ($millions) 3.36 3.79
Loss allowance to loans 1.25% 1.05%
Noncurrent assets, OREO 0.44% 0.29%
Noncurrent loans to loans 0.51% 0.33%
Net loans, leases / deposits 93.58% 104.52%
Equity capital to assets 7.55% 13.69%
Flagship National Bank
6000 26th St., W.
Bradenton, Fla. 34207
Phone: (941) 752-1433
Web site: flagshipnationalbank.com
Established: May 18, 1999
S-Corp: yes
Lead executive: Stephen Jonsson, president and CEO
6/30/04 6/30/05
Total employees 21 31
Offices 2 3
Total assets 113,867 142,695
Net loans & leases 80,026 109,613
Total liabilities 107,316 131,892
Total deposits 105,562 122,300
Equity capital 6,551 10,803
Noncurrent loans/leases 368 27
Insider loans 3,020 4,388
Total interest income 2,600 3,693
Total interest expense 992 1,330
Net interest income 1,608 2,363
Total noninterest income 101 174
Total noninterest expense 1,191 1,575
Salaries, benefits 570 785
Pre-tax operating income 360 747
Net income 360 748
Performance Ratios (%)
Yield on earning assets 5.46% 6.11%
Net interest margin 3.38% 3.91%
Nonint. exp./earning assets 2.50% 2.61%
Return on assets (ROA) 0.69% 1.13%
Return on equity (ROE) 10.97% 15.64%
Net charge-offs to loans 0.29% 0.06%
Efficiency ratio 69.69% 62.08%
Assets/employee ($millions) 5.42 4.60
Loss allowance to loans 1.01% 0.98%
Noncurrent assets, OREO 0.88% 0.32%
Noncurrent loans to loans 0.46% 0.02%
Net loans, leases / deposits 75.81% 89.63%
Equity capital to assets 5.75% 7.57%
Florida Capital Bank NA
710 E. Tarpon Ave.
Tarpon Springs, Fla. 34689
Web site: flcb.com
Established: Aug. 12, 1985
Lead executive: Charles E. Hughes Jr., CEO
6/30/04 6/30/05
Total employees 14 71
Offices 1 3
Total assets 24,956 58,651
Net loans & leases 12,281 31,452
Total liabilities 21,932 41,232
Total deposits 21,811 40,492
Equity capital 3,024 17,419
Noncurrent loans/leases 0 48
Insider loans 33 769
Total interest income 591 1,128
Total interest expense 135 253
Net interest income 456 875
Total noninterest income 124 188
Total noninterest expense 611 2,393
Salaries, benefits 323 1,528
Pre-tax operating income 29 -1,453
Net income 25 -1,453
Performance Ratios (%)
Yield on earning assets 5.10% 5.32%
Net interest margin 3.93% 4.12%
Nonint. exp./earning assets 5.27% 11.28%
Return on assets (ROA) 0.20% -5.96%
Return on equity (ROE) 1.65% -16.83%
Efficiency ratio 105.34% 217.03%
Assets/employee ($millions) 1.78 0.83
Loss allowance to loans 3.28% 1.58%
Noncurrent assets, OREO 0 0.08%
Noncurrent loans to loans 0 0.15%
Net loans, leases / deposits 56.31% 77.67%
Equity capital to assets 12.12% 29.70%
Florida Community Bank
1400 N. 15th St.
Immokalee, Fla. 34142
Phone: (239) 657-3171
Web site: N/A
Established: July 7, 1923
Lead executive: Stephen Price, CEO
6/30/04 6/30/05
Total employees 156 160
Offices 9 10
Total assets 600,685 788,415
Net loans & leases 489,286 658,695
Total liabilities 543,926 717,126
Total deposits 501,177 648,796
Equity capital 56,759 71,289
Noncurrent loans/leases 2,402 217
Insider loans 8,924 10,249
Total interest income 18,627 25,332
Total interest expense 4,160 6,674
Net interest income 14,467 18,658
Total noninterest income 1,827 1,921
Total noninterest expense 5,751 5,860
Salaries, benefits 3,887 3,668
Pre-tax operating income 10,043 14,719
Net income 6,260 9,047
Performance Ratios (%)
Yield on earning assets 7.22% 7.54%
Net interest margin 5.61% 5.56%
Nonint. exp./earning assets 2.23% 1.75%
Return on assets (ROA) 2.22% 2.50%
Return on equity (ROE) 23.10% 27.15%
Net charge-offs to loans 0.06% -0.03%
Efficiency ratio 35.30% 28.48%
Assets/employee ($millions) 3.85 4.93
Loss allowance to loans 1.69% 1.48%
Noncurrent assets, OREO 1.36% 0.31%
Noncurrent loans to loans 0.48% 0.03%
Net loans, leases / deposits 97.63% 101.53%
Equity capital to assets 9.45% 9.04%
Florida Gulf Bank
9101 College Pointe Court
Fort Myers, Fla. 33919
Phone: (239) 332-4440
Fax: (239) 332-4987
Web site: floridagulfbank.com
Established: Feb. 5, 2001
Lead executive: Bill Valenti, president and CEO
6/30/04 6/30/05
Total employees 45 70
Offices 3 5
Total assets 175,150 276,379
Net loans & leases 104,871 148,273
Total liabilities 158,931 258,922
Total deposits 137,607 217,818
Equity capital 16,219 17,457
Noncurrent loans/leases 126 119
Insider loans 2,641 3,670
Total interest income 3,156 5,486
Total interest expense 702 1,711
Net interest income 2,454 3,775
Total noninterest income 398 607
Total noninterest expense 2,013 3,044
Salaries, benefits 1,150 1,728
Pre-tax operating income 579 988
Net income 359 613
Performance Ratios (%)
Yield on earning assets 4.59% 4.93%
Net interest margin 3.57% 3.39%
Nonint. exp./earning assets 2.93% 2.73%
Return on assets (ROA) 0.48% 0.51%
Return on equity (ROE) 5.71% 7.20%
Net charge-offs to loans 0 0
Efficiency ratio 70.58% 69.47%
Assets/employee ($millions) 3.89 3.95
Loss allowance to loans 1.38% 1.37%
Noncurrent assets, OREO 0.27% 0.04%
Noncurrent loans to loans 0.12% 0.08%
Net loans, leases / deposits 76.21% 68.07%
Equity capital to assets 9.26% 6.32%
GulfStream Community Bank
9037 U.S. Highway 19 N.
Port Richey, Fla. 34668
Phone: (727) 846-0066
Web site: gulfstreamcommunitybank.com
Established: Oct. 11, 2000
Lead executive: Philip H. Chesnut, president and CEO
6/30/04 6/30/05
Total employees 15 15
Offices 1 1
Total assets 45,194 57,695
Net loans & leases 31,241 39,251
Total liabilities 39,948 48,948
Total deposits 39,912 48,900
Equity capital 5,246 8,747
Noncurrent loans/leases 0 0
Insider loans 240 1,992
Total interest income 994 1,358
Total interest expense 342 460
Net interest income 652 898
Total noninterest income 78 82
Total noninterest expense 540 652
Salaries, benefits 274 357
Pre-tax operating income 154 298
Net income 95 185
Performance Ratios (%)
Yield on earning assets 5.63% 5.48%
Net interest margin 3.69% 3.62%
Nonint. exp./earning assets 3.06% 2.63%
Return on assets (ROA) 0.45% 0.68%
Return on equity (ROE) 4.09% 4.28%
Net charge-offs to loans 0 -0.14%
Efficiency ratio 73.97% 66.53%
Assets/employee ($millions) 3.01 3.85
Loss allowance to loans 0.70% 0.79%
Noncurrent assets, OREO 0 0
Noncurrent loans to loans 0 0
Net loans, leases / deposits 78.27% 80.27%
Equity capital to assets 11.61% 15.16%
Heritage Bank of Florida
23000 State Road 54
Lutz, Fla. 33549
Phone: (813) 909-8663
Web site: heritagebankfl.com
Established: Aug. 3, 1999
Lead executive: Richard E. Adams, president and CEO
6/30/04 6/30/05
Total employees 22 24
Offices 2 2
Total assets 102,171 134,170
Net loans & leases 81,384 111,993
Total liabilities 93,213 123,975
Total deposits 87,072 108,704
Equity capital 8,958 10,195
Noncurrent loans/leases 0 115
Insider loans 2,194 2,808
Total interest income 2,635 3,811
Total interest expense 747 1,243
Net interest income 1,888 2,568
Total noninterest income 199 250
Total noninterest expense 1,054 1,265
Salaries, benefits 459 556
Pre-tax operating income 758 1,225
Net income 465 745
Performance Ratios (%)
Yield on earning assets 6.05% 6.83%
Net interest margin 4.33% 4.60%
Nonint. exp./earning assets 2.42% 2.27%
Return on assets (ROA) 1.01% 1.25%
Return on equity (ROE) 10.66% 15.18%
Net charge-offs to loans 0.44% 0.48%
Efficiency ratio 50.50% 44.89%
Assets/employee ($millions) 4.64 5.59
Loss allowance to loans 0.96% 1.01%
Noncurrent assets, OREO 0.08% 0.09%
Noncurrent loans to loans 0 0.10%
Net loans, leases / deposits 93.47% 103.03%
Equity capital to assets 8.77% 7.60%
Hillsboro Bank
509 W. Alexander St.
Plant City, Fla. 33566
Phone: (813) 707-6506
Web site: N/A
Established: July 6, 1998
Lead executive: Gary Booth, president
6/30/04 6/30/05
Total employees 17 18
Offices 1 1
Total assets 68,187 78,548
Net loans & leases 30,727 38,164
Total liabilities 59,802 69,415
Total deposits 59,256 68,875
Equity capital 8,385 9,133
Noncurrent loans/leases 193 125
Insider loans 539 533
Total interest income 1,516 1,842
Total interest expense 272 333
Net interest income 1,244 1,509
Total noninterest income 150 116
Total noninterest expense 826 929
Salaries, benefits 444 497
Pre-tax operating income 561 693
Net income 372 453
Performance Ratios (%)
Yield on earning assets 5.29% 5.32%
Net interest margin 4.34% 4.36%
Nonint. exp./earning assets 2.88% 2.68%
Return on assets (ROA) 1.17% 1.22%
Return on equity (ROE) 8.95% 10.10%
Net charge-offs to loans -0.23% 0.03%
Efficiency ratio 59.25% 57.17%
Assets/employee ($millions) 4.01 4.36
Loss allowance to loans 1.66% 1.25%
Noncurrent assets, OREO 0.28% 0.16%
Noncurrent loans to loans 0.62% 0.32%
Net loans, leases / deposits 51.85% 55.41%
Equity capital to assets 12.30% 11.63%
Horizon Bank
900 53rd Ave., E.
Bradenton, Fla. 34203
Phone: (941) 753-2265
Web site: horizonbankfl.com
Established: Oct. 25, 1999
Lead executive: Charles S. Conoley, president and CEO
6/30/04 6/30/05
Total employees 29 31
Offices 2 2
Total assets 110,695 134,554
Net loans & leases 89,631 113,649
Total liabilities 103,323 124,838
Total deposits 101,206 117,514
Equity capital 7,372 9,716
Noncurrent loans/leases 142 994
Insider loans 3,094 3,922
Total interest income 2,982 4,015
Total interest expense 1,033 1,395
Net interest income 1,949 2,620
Total noninterest income 8 215
Total noninterest expense 1,448 1,511
Salaries, benefits 719 798
Pre-tax operating income 323 1,124
Net income 323 679
Performance Ratios (%)
Yield on earning assets 6.77% 6.74%
Net interest margin 4.43% 4.40%
Nonint. exp./earning assets 3.29% 2.54%
Return on assets (ROA) 0.64% 1.05%
Return on equity (ROE) 9.50% 14.95%
Net charge-offs to loans 0.09% 0.07%
Efficiency ratio 73.99% 53.30%
Assets/employee ($millions) 3.82 4.34
Loss allowance to loans 0.94% 0.96%
Noncurrent assets, OREO 0.13% 0.74%
Noncurrent loans to loans 0.16% 0.87%
Net loans, leases / deposits 88.56% 96.71%
Equity capital to assets 6.66% 7.22%
LandMark Bank of Florida
544 S. Washington Blvd.
Sarasota, Fla. 34236
Phone: (941) 954-5100
Web site: landmarkbankfl.com
Established: Feb. 4, 2000
Lead executive: Thomas G. Quale, president and CEO
6/30/04 6/30/05
Total employees 35 47
Offices 3 4
Total assets 151,915 219,416
Net loans & leases 106,993 165,538
Total liabilities 142,504 204,569
Total deposits 135,395 188,984
Equity capital 9,411 14,847
Noncurrent loans/leases 0 41
Insider loans 1,486 2,563
Total interest income 3,355 5,558
Total interest expense 1,018 1,713
Net interest income 2,337 3,845
Total noninterest income 196 257
Total noninterest expense 1,831 2,415
Salaries, benefits 1,075 1,428
Pre-tax operating income 547 1,284
Net income 340 843
Performance Ratios (%)
Yield on earning assets 5.05% 6.15%
Net interest margin 3.51% 4.25%
Nonint. exp./earning assets 2.75% 2.67%
Return on assets (ROA) 0.48% 0.86%
Return on equity (ROE) 7.18% 11.92%
Net charge-offs to loans 0 0.00%
Efficiency ratio 72.29% 58.87%
Assets/employee ($millions) 4.34 4.67
Loss allowance to loans 1.10% 1.10%
Noncurrent assets, OREO 0 0.02%
Noncurrent loans to loans 0 0.02%
Net loans, leases / deposits 79.02% 87.59%
Equity capital to assets 6.19% 6.77%
Manatee River Community Bank
430 8th Ave., W.
Palmetto, Fla. 34221
Phone: (941) 722-2992
Web site: manateeriverbank.com
Established: Dec. 7, 1998
S-Corp: yes
Lead executive: Allen Langford, president and CEO
6/30/04 6/30/05
Total employees 29 33
Offices 1 1
Total assets 108,381 121,550
Net loans & leases 82,708 100,621
Total liabilities 100,466 113,000
Total deposits 98,529 111,633
Equity capital 7,915 8,550
Noncurrent loans/leases 327 0
Insider loans 1,370 1,846
Total interest income 2,507 3,102
Total interest expense 1,078 1,328
Net interest income 1,429 1,774
Total noninterest income 233 270
Total noninterest expense 1,266 1,517
Salaries, benefits 762 912
Pre-tax operating income 351 490
Net income 407 498
Performance Ratios (%)
Yield on earning assets 5.52% 5.68%
Net interest margin 3.14% 3.25%
Nonint. exp./earning assets 2.79% 2.78%
Return on assets (ROA) 0.81% 0.84%
Return on equity (ROE) 11.14% 11.91%
Net charge-offs to loans 0 0.00%
Efficiency ratio 76.17% 74.22%
Assets/employee ($millions) 3.74 3.68
Loss allowance to loans 0.59% 0.47%
Noncurrent assets, OREO 0.30% -0.01%
Noncurrent loans to loans 0.39% 0
Net loans, leases / deposits 83.94% 90.14%
Equity capital to assets 7.30% 7.03%
Marco Community Bank
1770 San Marco Road
Marco Island, Fla. 34145
Phone: (239) 389-5200
Web site: marcocommunitybank.com
Established: Aug. 18, 2003
Lead executive: Tom Whelan, acting president
6/30/04 6/30/05
Total employees 16 24
Offices 1 1
Total assets 81,534 138,547
Net loans & leases 60,519 116,073
Total liabilities 75,977 126,027
Total deposits 75,823 125,550
Equity capital 5,557 12,520
Noncurrent loans/leases 0 0
Insider loans 0 0
Total interest income 997 3,722
Total interest expense 317 1,157
Net interest income 680 2,565
Total noninterest income 20 152
Total noninterest expense 680 1,384
Salaries, benefits 340 711
Pre-tax operating income -456 1,109
Net income -285 692
Performance Ratios (%)
Yield on earning assets 3.93% 6.04%
Net interest margin 2.68% 4.16%
Nonint. exp./earning assets 2.68% 2.25%
Return on assets (ROA) -1.08% 1.07%
Return on equity (ROE) -10.02% 11.71%
Net charge-offs to loans 0 0.00%
Efficiency ratio 97.14% 50.94%
Assets/employee ($millions) 5.10 5.77
Loss allowance to loans 1.15% 1.11%
Noncurrent assets, OREO 0 0
Noncurrent loans to loans 0 0
Net loans, leases / deposits 79.82% 92.45%
Equity capital to assets 6.82% 9.04%
Old Florida Bank
6321 Daniels Parkway
Fort Myers, Fla. 33912
Phone: (239) 561-6222
Web site: oldflbank.com
Established: Sept. 10, 1998
Lead executive: Larry Johnson, president and CEO
6/30/04 6/30/05
Total employees 60 67
Offices 4 5
Total assets 202,861 277,276
Net loans & leases 158,913 214,414
Total liabilities 181,807 254,837
Total deposits 158,486 245,623
Equity capital 21,054 22,439
Noncurrent loans/leases 174 11
Insider loans 2,231 2,048
Total interest income 4,904 7,312
Total interest expense 1,493 2,870
Net interest income 3,411 4,442
Total noninterest income 220 398
Total noninterest expense 3,122 3,115
Salaries, benefits 1,701 1,666
Pre-tax operating income 326 1,380
Net income 211 888
Performance Ratios (%)
Yield on earning assets 5.98% 6.23%
Net interest margin 4.16% 3.78%
Nonint. exp./earning assets 3.81% 2.65%
Return on assets (ROA) 0.23% 0.69%
Return on equity (ROE) 2.00% 8.10%
Net charge-offs to loans 0 0.03%
Efficiency ratio 83.83% 63.12%
Assets/employee ($millions) 3.38 4.14
Loss allowance to loans 1.00% 1.00%
Noncurrent assets, OREO 0.09% 0.00%
Noncurrent loans to loans 0.11% 0.01%
Net loans, leases / deposits 100.27% 87.29%
Equity capital to assets 10.38% 8.09%
Old Harbor Bank
2605 Enterprise Road E., Suite 100
Clearwater, Fla. 33759
Phone: (727) 451-2265
Web site: oldharborbank.com
Established: July 14, 2003
Lead executive: Barry K. Miller, chairman and president
6/30/04 6/30/05
Total employees 11 31
Offices 2 3
Total assets 55,402 107,975
Net loans & leases 30,818 77,304
Total liabilities 48,670 93,962
Total deposits 48,635 88,700
Equity capital 6,732 14,013
Noncurrent loans/leases 0 0
Insider loans 1,689 3,746
Total interest income 833 2,584
Total interest expense 293 1,000
Net interest income 540 1,584
Total noninterest income 12 26
Total noninterest expense 679 1,384
Salaries, benefits 386 846
Pre-tax operating income -319 -114
Net income -200 -72
Performance Ratios (%)
Yield on earning assets 4.33% 5.63%
Net interest margin 2.80% 3.45%
Nonint. exp./earning assets 3.53% 3.02%
Return on assets (ROA) -0.97% -0.15%
Return on equity (ROE) -5.79% -1.03%
Net charge-offs to loans 0 0
Efficiency ratio 123.01% 85.96%
Assets/employee ($millions) 5.04 3.48
Loss allowance to loans 1.18% 1.22%
Noncurrent assets, OREO 0 0
Noncurrent loans to loans 0 0
Net loans, leases / deposits 63.37% 87.15%
Equity capital to assets 12.15% 12.98%
Orion Bank
3838 N. Tamiami Trail
Naples, Fla. 34103
Phone: (800) 648-4262
Web site: orionbank.com
Established: Feb. 28, 1977
Lead executive: Jerry J. Williams, chairman, president and CEO
6/30/04 6/30/05
Total employees 177 223
Offices 14 16
Total assets 1,115,574 1,421,207
Net loans & leases 907,888 1,151,660
Total liabilities 1,022,273 1,298,373
Total deposits 873,088 1,092,732
Equity capital 93,301 122,834
Noncurrent loans/leases 19 65
Insider loans 20,224 13,887
Total interest income 26,834 39,968
Total interest expense 6,847 10,769
Net interest income 19,987 29,199
Total noninterest income 3,865 2,840
Total noninterest expense 11,604 13,259
Salaries, benefits 6,166 8,260
Pre-tax operating income 11,498 17,730
Net income 7,534 10,873
Performance Ratios (%)
Yield on earning assets 5.73% 6.53%
Net interest margin 4.27% 4.77%
Nonint. exp./earning assets 2.48% 2.17%
Return on assets (ROA) 1.47% 1.63%
Return on equity (ROE) 17.77% 18.65%
Net charge-offs to loans 0.01% 0.01%
Efficiency ratio 48.65% 41.38%
Assets/employee ($millions) 6.30 6.37
Loss allowance to loans 0.66% 0.66%
Noncurrent assets, OREO 0.00% 0.00%
Noncurrent loans to loans 0.00% 0.01%
Net loans, leases / deposits 103.99% 105.39%
Equity capital to assets 8.36% 8.64%
The Palm Bank
612 S. Dale Mabry Highway
Tampa, Fla. 33609
Phone: (813) 873-7256
Web site: thepalmbank.com
Established: Feb. 11, 2003
S-Corp: yes
Lead executive: Chris Anderson, president and CEO
6/30/04 6/30/05
Total employees 18 27
Offices 2 2
Total assets 63,322 105,043
Net loans & leases 36,726 69,226
Total liabilities 53,201 94,517
Total deposits 50,048 89,256
Equity capital 10,121 10,526
Noncurrent loans/leases 0 223
Insider loans 2,454 1,595
Total interest income 1,115 2,371
Total interest expense 254 764
Net interest income 861 1,607
Total noninterest income 80 135
Total noninterest expense 880 1,417
Salaries, benefits 470 795
Pre-tax operating income -92 84
Net income -92 84
Performance Ratios (%)
Yield on earning assets 4.43% 5.66%
Net interest margin 3.42% 3.84%
Nonint. exp./earning assets 3.49% 3.38%
Return on assets (ROA) -0.34% 0.18%
Return on equity (ROE) -1.76% 1.61%
Net charge-offs to loans 0 0.01%
Efficiency ratio 93.52% 81.34%
Assets/employee ($millions) 3.52 3.89
Loss allowance to loans 1.16% 1.25%
Noncurrent assets, OREO 0 0.21%
Noncurrent loans to loans 0 0.32%
Net loans, leases / deposits 73.38% 77.56%
Equity capital to assets 15.98% 10.02%
Pelican National Bank
811 Anchor Rode Drive
Naples, Fla. 34103
Phone: (239) 403-0076
Web site: pelicannational.com
Established: Aug. 25, 1997
Lead executive: Charles C. Huffman, president and CEO
6/30/04 6/30/05
Total employees 70 68
Offices 5 6
Total assets 258,303 204,645
Net loans & leases 105,180 113,568
Total liabilities 243,378 189,553
Total deposits 231,108 150,641
Equity capital 14,925 15,092
Noncurrent loans/leases 211 655
Insider loans 97 580
Total interest income 5,345 5,222
Total interest expense 2,193 2,417
Net interest income 3,152 2,805
Total noninterest income 145 136
Total noninterest expense 3,288 3,421
Salaries, benefits 1,816 1,778
Pre-tax operating income -66 -480
Net income -40 -296
Performance Ratios (%)
Yield on earning assets 4.54% 5.45%
Net interest margin 2.68% 2.93%
Nonint. exp./earning assets 2.79% 3.57%
Return on assets (ROA) -0.03% -0.29%
Return on equity (ROE) -0.54% -3.91%
Net charge-offs to loans 0.32% -0.05%
Efficiency ratio 99.73% 116.32%
Assets/employee ($millions) 3.69 3.01
Loss allowance to loans 1.15% 0.86%
Noncurrent assets, OREO 0.08% 0.35%
Noncurrent loans to loans 0.20% 0.57%
Net loans, leases / deposits 45.51% 75.39%
Equity capital to assets 5.78% 7.37%
Peninsula Bank
3100 S. McCall Road
Englewood, Fla. 34224
Phone: (941) 474-7734
Web site: peninsulabank.com
Established: Jan. 21, 1986
Lead executive: Simon Portnoy, chairman, president
6/30/04 6/30/05
Total employees 91 100
Offices 8 9
Total assets 352,859 433,215
Net loans & leases 214,816 280,950
Total liabilities 324,377 400,341
Total deposits 319,068 395,411
Equity capital 28,482 32,874
Noncurrent loans/leases 436 975
Insider loans 18,003 13,002
Total interest income 8,876 11,275
Total interest expense 3,360 4,399
Net interest income 5,516 6,876
Total noninterest income 1,216 1,244
Total noninterest expense 3,372 3,687
Salaries, benefits 1,674 1,898
Pre-tax operating income 3,245 4,166
Net income 2,138 2,600
Performance Ratios (%)
Yield on earning assets 5.60% 6.01%
Net interest margin 3.48% 3.67%
Nonint. exp./earning assets 2.13% 1.97%
Return on assets (ROA) 1.24% 1.28%
Return on equity (ROE) 15.47% 16.44%
Net charge-offs to loans 0.11% 0.09%
Efficiency ratio 50.09% 45.41%
Assets/employee ($millions) 3.88 4.33
Loss allowance to loans 0.81% 0.76%
Noncurrent assets, OREO 1.33% 1.16%
Noncurrent loans to loans 0.20% 0.34%
Net loans, leases / deposits 67.33% 71.05%
Equity capital to assets 8.07% 7.59%
People's Community Bank of the West Coast
25 South Links Ave.
Sarasota, Fla. 34236
Phone: (941) 365-5934
Web site: peoplescb.com
Established: Oct. 4, 1999
Lead executive: Neil McCurry Jr., CEO
6/30/04 6/30/05
Total employees 36 48
Offices 3 4
Total assets 171,462 254,133
Net loans & leases 134,612 202,180
Total liabilities 156,211 233,967
Total deposits 149,344 207,007
Equity capital 15,251 20,166
Noncurrent loans/leases 0 56
Insider loans 1,838 3,591
Total interest income 3,577 6,442
Total interest expense 1,077 2,291
Net interest income 2,500 4,151
Total noninterest income 215 428
Total noninterest expense 1,793 2,500
Salaries, benefits 1,073 1,621
Pre-tax operating income 430 1,654
Net income 267 1,023
Performance Ratios (%)
Yield on earning assets 5.35% 6.22%
Net interest margin 3.74% 4.01%
Nonint. exp./earning assets 2.68% 2.41%
Return on assets (ROA) 0.37% 0.93%
Return on equity (ROE) 4.04% 11.68%
Net charge-offs to loans 0.03% -0.04%
Efficiency ratio 66.04% 54.60%
Assets/employee ($millions) 4.76 5.29
Loss allowance to loans 1.11% 1.16%
Noncurrent assets, OREO 0 0.02%
Noncurrent loans to loans 0 0.03%
Net loans, leases / deposits 90.14% 97.67%
Equity capital to assets 8.89% 7.94%
Pilot Bank
5140 E. Fowler Ave.
Tampa, Fla. 33617
Phone: (813) 349-4530
Web site: pilotbank.com
Established: Sept. 4, 1987
Lead executive: John Puffer III, chairman, president and CEO
6/30/04 6/30/05
Total employees 56 62
Offices 4 6
Total assets 137,619 152,520
Net loans & leases 86,258 99,631
Total liabilities 127,373 139,181
Total deposits 117,378 134,173
Equity capital 10,246 13,339
Noncurrent loans/leases 388 239
Insider loans 261 1,950
Total interest income 3,536 3,892
Total interest expense 876 1,051
Net interest income 2,660 2,841
Total noninterest income 730 752
Total noninterest expense 2,376 2,814
Salaries, benefits 1,292 1,531
Pre-tax operating income 804 569
Net income 567 416
Performance Ratios (%)
Yield on earning assets 5.94% 6.30%
Net interest margin 4.47% 4.60%
Nonint. exp./earning assets 3.99% 4.55%
Return on assets (ROA) 0.83% 0.58%
Return on equity (ROE) 11.02% 6.55%
Net charge-offs to loans -0.08% 0.28%
Efficiency ratio 70.09% 78.32%
Assets/employee ($millions) 2.46 2.46
Loss allowance to loans 1.24% 1.30%
Noncurrent assets, OREO 0.88% 0.16%
Noncurrent loans to loans 0.44% 0.24%
Net loans, leases / deposits 73.49% 74.26%
Equity capital to assets 7.45% 8.75%
Platinum Bank
802 W. Lumsden Road
Brandon, Fla. 33511
Phone: (813) 655-1234
Web site: platinumbank.com
Established: Dec. 8, 1997
S-Corp: yes
Lead executive: Jerry M. Kyle, president and CEO
6/30/04 6/30/05
Total employees 37 43
Offices 4 5
Total assets 212,349 282,960
Net loans & leases 145,573 167,430
Total liabilities 198,092 266,280
Total deposits 192,723 249,295
Equity capital 14,257 16,680
Noncurrent loans/leases 0 0
Insider loans 5,282 8,975
Total interest income 5,169 6,462
Total interest expense 1,846 2,188
Net interest income 3,323 4,274
Total noninterest income 226 239
Total noninterest expense 2,194 2,589
Salaries, benefits 1,387 1,667
Pre-tax operating income 1,253 1,777
Net income 1,269 1,776
Performance Ratios (%)
Yield on earning assets 5.51% 5.60%
Net interest margin 3.55% 3.70%
Nonint. exp./earning assets 2.34% 2.24%
Return on assets (ROA) 1.26% 1.42%
Return on equity (ROE) 17.49% 21.74%
Net charge-offs to loans 0 0
Efficiency ratio 61.82% 57.37%
Assets/employee ($millions) 5.74 6.58
Loss allowance to loans 1.16% 1.21%
Noncurrent assets, OREO 0 0
Noncurrent loans to loans 0 0
Net loans, leases / deposits 75.53% 67.16%
Equity capital to assets 6.71% 5.89%
Raymond James Bank FSB
710 Carillon Parkway
St. Petersburg, Fla. 33716
Phone: (877) 874-2265
Fax: (727) 567-8618
Web site: raymondjamesbank.com
Established: May 6, 1994
Lead executive: Thomas A. James, chairman and CEO
6/30/04 6/30/05
Total employees 63 61
Offices 1 1
Total assets 911,527 1,151,547
Net loans & leases 637,301 891,867
Total liabilities 836,331 1,068,523
Total deposits 772,866 993,738
Equity capital 75,196 83,024
Noncurrent loans/leases 4,175 986
Insider loans 1,330 299
Total interest income 13,350 21,545
Total interest expense 4,875 10,898
Net interest income 8,475 10,647
Total noninterest income 532 312
Total noninterest expense 3,570 3,909
Salaries, benefits 2,091 2,402
Pre-tax operating income 5,010 5,822
Net income 3,161 3,701
Performance Ratios (%)
Yield on earning assets 3.12% 4.21%
Net interest margin 1.98% 2.08%
Nonint. exp./earning assets 0.84% 0.76%
Return on assets (ROA) 0.72% 0.71%
Return on equity (ROE) 8.65% 9.14%
Net charge-offs to loans 0 0
Efficiency ratio 39.64% 35.67%
Assets/employee ($millions) 14.47 18.88
Loss allowance to loans 1.07% 0.92%
Noncurrent assets, OREO 0.46% 0.09%
Noncurrent loans to loans 0.65% 0.11%
Net loans, lease
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