Community Bank of Manatee

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

FDIC


Community Bank of Manatee is headquartered in Saint Petersburg and is the 27th largest bank in the state of Florida. It is also the 713st largest bank in the nation. It was established in 1995 and as of December of 2012, it had grown to 210 employees at 24 locations. Community Bank of Manatee has a 3-star health rating.

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Data for Q4 2012


Institution Statistics


C1 Bank
FDIC Certificate #34092
BankRate ReportView
Year Established1995
Employees210
Primary RegulatorFDIC

Assets and Liabilities

Assets$937.35 million
Loans$658.58 million
Deposits$760.04 million
Equity Capital$95.93 million
Loan Loss Allowance$2.61 million
Unbacked Noncurrent Loans$23.32 million
Real Estate Owned$19.03 million

Historic Data - December 2011

Assets$729.28 million
Equity Capital$74.59 million
Loan Loss Allowance$5.79 million
Unbacked Noncurrent Loans$24.40 million
Real Estate Owned$14.35 million

Profit Margin - Quarterly

Net Interest Margin4.32%
Return on Assets1.46%
Return on Equity14.89%
Interest Income$39.72 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 December 31, 2012 Community Bank of Manatee had $42.34 million in non-current loans and owned real-estate with $98.54 million in equity and loan loss allowances on hand to cover it. This gives Community Bank of Manatee a Texas Ratio of 42.97% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Community Bank of Manatee held steady from 48.21% as of December 31, 2011 to 42.97% as of December 31, 2012, resulting in a positive change of 10.87%.This indicates that the balance sheet and financial strength for Community Bank of Manatee has held steady in recent periods.
Deposit Growth5
In the past year, Community Bank of Manatee has increased its total deposits by $202.38 million, resulting in 36.29% 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 $937.35 million in assets with $98.54 million in equity, resulting in a capitalization level of 10.51%, which is above average.
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