Community Bank and Trust of Florida

Community Bank and Trust of Florida is headquartered in Ocala and is the 45^th largest bank in the state of Florida. It is also the 1,238^th largest bank in the nation. It was established in 1998 and as of March of 2012, it had grown to 108 employees at 8 locations. Community Bank and Trust of Florida has a 4-star health rating.

Community Bank and Trust of Florida Savings Account Rates

Community Bank and Trust of Florida CD Rates

Community Bank and Trust of Florida IRA Rates

Data for Q1 2012

Institution Statistics Community Bank and Trust of Florida FDIC Certificate # 34683 BankRate Report View Year Established 1998 Employees 108 Primary Regulator FDIC Assets and Liabilities Assets $547.98 million Loans $280.91 million Deposits $479.45 million Equity Capital $66.97 million Loan Loss Allowance $9.07 million Unbacked Noncurrent Loans $4.32 million Real Estate Owned $6.68 million Historic Data - March 2011 Assets $549.61 million Equity Capital $45.86 million Loan Loss Allowance $7.11 million Unbacked Noncurrent Loans $12.21 million Real Estate Owned $5.22 million Profit Margin - Quarterly Net Interest Margin 3.74% Return on Assets 0.58% Return on Equity 4.78% Interest Income $5.42 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Community Bank and Trust of Florida had $11 million in non-current loans and owned real-estate with $76.04 million in equity and loan loss allowances on hand to cover it. This gives Community Bank and Trust of Florida a Texas Ratio of 14.47% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Community Bank and Trust of Florida decreased significantly from 32.91% as of March 31, 2011 to 14.47% as of March 31, 2012, resulting in a positive change of 56.02%.This indicates that the balance sheet and financial strength for Community Bank and Trust of Florida has improved significantly in recent periods. Deposit Growth In the past year, Community Bank and Trust of Florida has decreased its total deposits by -$8.16 million, resulting in -1.67% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Community Bank and Trust of Florida has shown is below average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Community Bank and Trust of Florida has $547.98 million in assets with $76.04 million in equity, resulting in a capitalization level of 13.88%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.