First National Bank of the Gulf Coast

First National Bank of the Gulf Coast is headquartered in Naples and is the 52^nd largest bank in the state of Florida. It is also the 1,450^th largest bank in the nation. It was established in 2007 and as of March of 2012, it had grown to 79 employees at 2 locations. First National Bank of the Gulf Coast has a 5-star health rating.

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Data for Q1 2012

Institution Statistics First National Bank of the Gulf Coast FDIC Certificate # 58532 BankRate Report View Year Established 2007 Employees 79 Primary Regulator OCC Assets and Liabilities Assets $460.32 million Loans $233.40 million Deposits $340.19 million Equity Capital $63.47 million Loan Loss Allowance $4.41 million Unbacked Noncurrent Loans $2.62 million Real Estate Owned $694,000 Historic Data - March 2011 Assets $329.38 million Equity Capital $25.84 million Loan Loss Allowance $1.34 million Unbacked Noncurrent Loans $821,000 Profit Margin - Quarterly Net Interest Margin 3.23% Return on Assets -1.14% Return on Equity -7.61% Interest Income $3.80 million

Institution Health Overall Score: 5 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 First National Bank of the Gulf Coast had $3.31 million in non-current loans and owned real-estate with $67.88 million in equity and loan loss allowances on hand to cover it. This gives First National Bank of the Gulf Coast a Texas Ratio of 4.88% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First National Bank of the Gulf Coast held steady from 3.02% as of March 31, 2011 to 4.88% as of March 31, 2012, resulting in a negative change of 61.45%. This indicates that the balance sheet and financial strength for First National Bank of the Gulf Coast has held steady in recent periods. Deposit Growth In the past year, First National Bank of the Gulf Coast has increased its total deposits by $69.09 million, resulting in 25.48% 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 has shown is excellent. 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. First National Bank of the Gulf Coast has $460.32 million in assets with $67.88 million in equity, resulting in a capitalization level of 14.75%, which is excellent.

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