Florida Bank of Commerce

Florida Bank of Commerce is headquartered in Orlando and is the 103^rd largest bank in the state of Florida. It is also the 2,742^nd largest bank in the nation. It was established in 2005 and as of March of 2012, it had grown to 47 employees at 6 locations. Florida Bank of Commerce has a 3-star health rating.

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Data for Q1 2012

Institution Statistics Florida Bank of Commerce FDIC Certificate # 58081 BankRate Report View Year Established 2005 Employees 47 Primary Regulator FDIC Assets and Liabilities Assets $233.96 million Loans $148.87 million Deposits $206.13 million Equity Capital $25.64 million Loan Loss Allowance $3.29 million Unbacked Noncurrent Loans $5.66 million Real Estate Owned $3.21 million Historic Data - March 2011 Assets $240.17 million Equity Capital $25.18 million Loan Loss Allowance $3.87 million Unbacked Noncurrent Loans $5.68 million Real Estate Owned $5.77 million Profit Margin - Quarterly Net Interest Margin 3.72% Return on Assets 0.15% Return on Equity 1.39% Interest Income $2.21 million

Institution Health Overall Score: 3 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 Florida Bank of Commerce had $8.86 million in non-current loans and owned real-estate with $28.93 million in equity and loan loss allowances on hand to cover it. This gives Florida Bank of Commerce a Texas Ratio of 30.64% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Florida Bank of Commerce decreased slightly from 39.40% as of March 31, 2011 to 30.64% as of March 31, 2012, resulting in a positive change of 22.24%.This indicates that the balance sheet and financial strength for Florida Bank of Commerce has improved slightly in recent periods. Deposit Growth In the past year, Florida Bank of Commerce has decreased its total deposits by -$6.54 million, resulting in -3.08% 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 Florida Bank of Commerce has shown is below average. 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. Florida Bank of Commerce has $233.96 million in assets with $28.93 million in equity, resulting in a capitalization level of 12.37%, which is excellent.

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