First Commercial Bank of Tampa Bay

Headquarters

4600 West Kennedy Boulevard
Tampa, FL 33609
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.70% →
1-Year CD N.A. 0.75% →
2-Year CD N.A. 0.81% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

First Commercial Bank of Tampa Bay is an FDIC insured institution located in Tampa, FL. It was founded in 1989 and has approximately $0.1 billion in assets.

Closed by FDIC on June 17. 2011.

FDIC Insured Yes
FDIC Certificate # 27583
Date Established 1989
Assets $ 98.62 million
Loans $ 68.31 million
Deposits $ 92.64 million
Capital $ 1.53 million
 

For a more detailed analysis of First Commercial Bank of Tampa Bay's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - January 15, 2021

Your Current Location: Virginia, VA 20146

 

Loan Rates - January 15, 2021

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First Commercial Bank of Tampa Bay

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.701% 2.625% 1.00 $2,495 $1,005 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to First Commercial Bank of Tampa Bay
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Branches

First Commercial Bank of Tampa Bay branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


First Commercial Bank of Tampa Bay Locations


Financial Details

First Commercial Bank of Tampa Bay Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Commercial Bank of Tampa Bay. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
First Commercial Bank of Tampa Bay U.S. Bank Average
305.84% 6.14%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2020, First Commercial Bank of Tampa Bay had $11,661,000 in non-current loans and $4,989,000 in owned real estate. To cover these potential losses it had $1,528,000 in equity and $3,916,000 in loans loss reserves. That gives it a Texas Ratio of 305.84%.

Return on Equity
First Commercial Bank of Tampa Bay U.S. Bank Average
-104.24% 9.23%

First Commercial Bank of Tampa Bay has a Return on Equity of -104.24% versus the BestCashCow average of 9.23%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
First Commercial Bank of Tampa Bay U.S. Bank Average
1.55% 12.07%

First Commercial Bank of Tampa Bay has a Capitalization of 1.55% versus the BestCashCow average of 12.07. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

First Commercial Bank of Tampa Bay Balance Sheet Analysis

As of March 31, 2011, First Commercial Bank of Tampa Bay had assets of $98,624,000, loans of $68,311,000, and deposits of $92,641,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

September 30, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 68.31 million
Loan loss allowance $ 3.92 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 4.99 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 92.64 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 98.62 million

Summary Income Statement

September 30, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in First Commercial Bank of Tampa Bay’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, First Commercial Bank of Tampa Bay’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About First Commercial Bank Of Tampa Bay

Branches and Savings

Is First Commercial Bank Of Tampa Bay FDIC insured?

Yes. It is covered under FDIC Certificate #27583.

Why does First Commercial Bank Of Tampa Bay pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First Commercial Bank Of Tampa Bay CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First Commercial Bank Of Tampa Bay a commercial bank?

Yes

Where are First Commercial Bank Of Tampa Bay locations?

See branch locations nearby.

Is First Commercial Bank Of Tampa Bay open on Saturdays?

Is First Commercial Bank Of Tampa Bay open on Sundays?

What time does First Commercial Bank Of Tampa Bay open?

What time does First Commercial Bank Of Tampa Bay close?

Are First Commercial Bank Of Tampa Bay ATMs Open 24/7?

Do First Commercial Bank Of Tampa Bay ATMs accept cash deposits?

Can First Commercial Bank Of Tampa Bay customers use other ATMs?

Do First Commercial Bank Of Tampa Bay branches have notaries?

Will First Commercial Bank Of Tampa Bay notarize my document?

What address for First Commercial Bank Of Tampa Bay should I put for incoming ACH transfers?

Will the First Commercial Bank Of Tampa Bay branch print checks?

Do First Commercial Bank Of Tampa Bay checks expire?

Does First Commercial Bank Of Tampa Bay require US citizenship to open account?

Can First Commercial Bank Of Tampa Bay close my account?

Does First Commercial Bank Of Tampa Bay Report to credit bureaus?

Does First Commercial Bank Of Tampa Bay Use Equifax?

What is First Commercial Bank Of Tampa Bay's ACH Routing Number?

What is First Commercial Bank Of Tampa Bay's SWIFT code?

Products

Does First Commercial Bank Of Tampa Bay offer mortgages?

Compare mortgage rates here.

Does First Commercial Bank Of Tampa Bay offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Commercial Bank Of Tampa Bay offer personal loans?

Compare personal loan rates here.

Does First Commercial Bank Of Tampa Bay offer student loans?

Will First Commercial Bank Of Tampa Bay cash a check?

Will First Commercial Bank Of Tampa Bay redeem a savings bond?

Does First Commercial Bank Of Tampa Bay cash savings bonds?

Will First Commercial Bank Of Tampa Bay cash money orders?

Can First Commercial Bank Of Tampa Bay issue a money order?

Does First Commercial Bank Of Tampa Bay do currency exchange?

Background on The Bank

Who owns First Commercial Bank Of Tampa Bay?

How long has First Commercial Bank Of Tampa Bay been around?

Can First Commercial Bank Of Tampa Bay transfer to other banks?

Does First Commercial Bank Of Tampa Bay have quick pay?

Does First Commercial Bank Of Tampa Bay accept rolled coins?

Will First Commercial Bank Of Tampa Bay accept loose change?

Where is First Commercial Bank Of Tampa Bay headquarters?

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