Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
239-303-7310
3560 Kraft Road
Naples, FL 34105

First National Bank of the Gulf Coast (FL) is headquartered in Naples and is the 34th largest bank in the state of Florida. It is also the 908th largest bank in the nation. It was established in 2007 and as of December of 2013, it had grown to 106 employees at 4 locations. First National Bank of the Gulf Coast (FL) has a B health rating.

Related Posts



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



Health

Data for Q4 2013

Institution Health

B

Texas Ratio

GRADE:
B

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, 2013 First National Bank of the Gulf Coast (FL) had $17.45 million in non-current loans and owned real-estate with $79.4 million in equity and loan loss allowances on hand to cover it. This gives First National Bank of the Gulf Coast (FL) a Texas Ratio of 21.98% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for First National Bank of the Gulf Coast (FL) increased slightly from 13.41% as of December 31, 2012 to 21.98% as of December 31, 2013, resulting in a negative change of 63.94%. This indicates that the balance sheet and financial strength for First National Bank of the Gulf Coast (FL) has declined slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, First National Bank of the Gulf Coast (FL) has increased its total deposits by $73.13 million, resulting in 15.59% 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 First National Bank of the Gulf Coast (FL) has shown is excellent.

Capitalization

GRADE:
B+

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. First National Bank of the Gulf Coast (FL) has $742.29 million in assets with $79.4 million in equity, resulting in a capitalization level of 10.70%, which is above average.

Institution Statistics

Overall
FDIC Certificate #58532
Year Established2007
Employees106
Primary RegulatorOCC
Assets and Liabilities
Assets$742.29 million
Loans$490.98 million
Deposits$542.37 million
Equity Capital$72.84 million
Loan Loss Allowance$6.56 million
Unbacked Noncurrent Loans$16.80 million
Real Estate Owned$656,000
Historic Data - December 2012
Assets$613.05 million
Equity Capital$66.68 million
Loan Loss Allowance$5.08 million
Unbacked Noncurrent Loans$16.80 million
Real Estate Owned$2.69 million
Profit Margin - Quarterly
Net Interest Margin3.41%
Return on Assets1.75%
Return on Equity16.46%
Interest Income$24.11 million
Rates

Sorry, we do not have rate data for First National Bank of the Gulf Coast (FL)

Locations


First National Bank of the Gulf Coast (FL) Locations
Creekside Office1280 Creekside Street, Unit 104Naples, FL 34108
First National Bank Of The Gulf Coast3560 Kraft RoadNaples, FL 34105
Marco Island Branch690 Bald Eagle DriveMarco Island, FL 34145
Anchor Rode Branch811 Anchor Rode DriveNaples, FL 34103