Community Bank of Manatee

Community Bank of Manatee Locations
2025 Lakewood Ranch Boulevard
Lakewood Ranch, FL 34211
www.communitybanknow.com



Community Bank of Manatee is headquartered in Lakewood Ranch and is the 30th largest bank in the state of Florida. It is also the 796th largest bank in the nation. It was established in 1995 and as of March of 2012, it had grown to 175 employees at 19 locations. Community Bank of Manatee has a 3-star health rating.

Related Posts

C1 Bank Clients Who Deposit $1 Million To Receive A New Mercedes-Benz With Launch Of Revolutionary CD Product (Forum) - 4/30/2012

Tampa Bay Buccaneers Pewter Partners, C1 Bank and Mercedes-Benz dealer, Crown Eurocars unite to offer what is quite possibly the most powerful banking product ever TAMPA, Fla., April 26, 2012 /PRNewswire/ -- Trevor Burgess, CEO of Community Bank an

Bank Does The Opposite Of Bank Of America By Giving $5 Per Month (Forum) - 10/11/2011

Community Bank in the Tampa metro area is the latest small bank to come out with a marketing campaign to win over Bank of America customers who don't want the $5 per month debit card fee. Community Bank came out with a checking account promotion that rewa


Data for Q1 2012


Institution Statistics


Community Bank & Company
FDIC Certificate #34092
BankRate ReportView
Year Established1995
Employees175
Primary RegulatorFDIC

Assets and Liabilities

Assets$826.85 million
Loans$555.89 million
Deposits$652.39 million
Equity Capital$77.10 million
Loan Loss Allowance$5.71 million
Unbacked Noncurrent Loans$29.53 million
Real Estate Owned$12.56 million

Historic Data - March 2011

Assets$302.53 million
Equity Capital$30.40 million
Loan Loss Allowance$4.24 million
Unbacked Noncurrent Loans$11.91 million
Real Estate Owned$3.31 million

Profit Margin - Quarterly

Net Interest Margin4.23%
Return on Assets0.53%
Return on Equity5.39%
Interest Income$8.97 million

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio2
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 of Manatee had $42.09 million in non-current loans and owned real-estate with $82.82 million in equity and loan loss allowances on hand to cover it. This gives Community Bank of Manatee a Texas Ratio of 50.83% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for Community Bank of Manatee increased slightly from 43.94% as of March 31, 2011 to 50.83% as of March 31, 2012, resulting in a negative change of 15.66%. This indicates that the balance sheet and financial strength for Community Bank of Manatee has declined slightly in recent periods.
Deposit Growth5
In the past year, Community Bank of Manatee has increased its total deposits by $407.68 million, resulting in 166.59% 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 of Manatee has shown is excellent.
Capitalization4
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 of Manatee has $826.85 million in assets with $82.82 million in equity, resulting in a capitalization level of 10.02%, which is above average.
Write Review

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