Institution Statistics
| Florida Bank | | FDIC Certificate # | 26280 | | BankRate Report | View | | Year Established | 1985 | | Employees | 124 | | Primary Regulator | FED |
Assets and Liabilities | | Assets | $695.29 million | | Loans | $442.43 million | | Deposits | $578.10 million | | Equity Capital | $46.42 million | | Loan Loss Allowance | $17.86 million | | Unbacked Noncurrent Loans | $40.21 million | | Real Estate Owned | $7.25 million |
Historic Data - March 2011 | | Assets | $816.68 million | | Equity Capital | $45.98 million | | Loan Loss Allowance | $21.30 million | | Unbacked Noncurrent Loans | $58.29 million | | Real Estate Owned | $6.60 million |
Profit Margin - Quarterly | | Net Interest Margin | 2.73% | | Return on Assets | 0% | | Return on Equity | -0.03% | | Interest Income | $6.89 million |
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Institution Health
Overall Score:
2 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 had $47.46 million in non-current loans and owned real-estate with $64.28 million in equity and loan loss allowances on hand to cover it. This gives Florida Bank a Texas Ratio of 73.84% 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 decreased slightly from 96.45% as of March 31, 2011 to 73.84% as of March 31, 2012, resulting in a positive change of 23.44%.This indicates that the balance sheet and financial strength for Florida Bank has improved slightly in recent periods. | | Deposit Growth |  | | In the past year, Florida Bank has decreased its total deposits by -$111.28 million, resulting in -16.14% 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 has shown is poor. | | 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 has $695.29 million in assets with $64.28 million in equity, resulting in a capitalization level of 9.24%, which is average. |
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