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877-763-0244
3560 Kraft Road
Naples, FL 34105

First National Bank of the Gulf Coast is headquartered in Naples and is the 26th largest bank in the state of Florida. It is also the 782nd largest bank in the nation. It was established in 2007 and as of March of 2014, it had grown to 126 employees at 6 locations. First National Bank of the Gulf Coast has a A health rating.

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Health

Data for Q1 2014

Institution Health

A

Texas Ratio

GRADE:
A

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 First National Bank of the Gulf Coast had $9.22 million in non-current loans and owned real-estate with $95.26 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 9.68% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B

The Texas Ratio for First National Bank of the Gulf Coast decreased slightly from 11.19% as of March 31, 2013 to 9.68% as of March 31, 2014, resulting in a positive change of 13.49%.This indicates that the balance sheet and financial strength for First National Bank of the Gulf Coast has improved slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, First National Bank of the Gulf Coast has increased its total deposits by $164.41 million, resulting in 33.64% 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

GRADE:
A

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 $864.82 million in assets with $95.26 million in equity, resulting in a capitalization level of 11.01%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58532
Year Established2007
Employees126
Primary RegulatorOCC
Assets and Liabilities
Assets$864.83 million
Loans$551.78 million
Deposits$653.11 million
Equity Capital$88.96 million
Loan Loss Allowance$6.30 million
Unbacked Noncurrent Loans$9.11 million
Real Estate Owned$116,000
Historic Data - March 2013
Assets$643.63 million
Equity Capital$67.24 million
Loan Loss Allowance$5.44 million
Unbacked Noncurrent Loans$9.11 million
Real Estate Owned$1.58 million
Profit Margin - Quarterly
Net Interest Margin3.34%
Return on Assets-0.01%
Return on Equity-0.1%
Interest Income$6.89 million
Rates

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

Locations


First National Bank of the Gulf Coast 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