McNulty Banking Company
St. Petersburg, FL · Owner: Holdco of Pinellas County Inc
$56.6M
total assets, June 30, 1987
$56.6M
total assets, June 30, 1987
McNulty Banking Company was a state nonmember bank in St. Petersburg, FL, owned by Holdco of Pinellas County Inc. It failed on Aug 14, 1987, and Barnett BK Of Pinellas C took over its deposits. At its last report it held $56.6 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1987
This bank failed
- Failed on
- Aug 14, 1987
- Assets
- $56.6M
- Deposits
- $53.2M
- Estimated cost
- $6.8M
- Deposits went to
- Barnett BK Of Pinellas C, ST. Petersburg, FL
Total assets
$56.6M
-28.9% in a year · -10.1% in a quarter
Deposits
$53.2M
-26.4% in a year · -9.3% in a quarter
Loans
$33.3M
-39.7% in a year · -14.3% in a quarter
Profit so far
-$1.5M
Jan 1 to Jun 30, 1987
Capital ratio
-0.25%
-2.37 pts in a year
Return on assets
-4.67%
+0.69 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 260 First Avenue South, St. Petersburg, FL, 33701
- County
- Pinellas
- Holding company
- Holdco of Pinellas County Inc
- Established
- Jan 8, 1971
- Failed
- Aug 14, 1987
- Employees
- 52
- Id
- b20345
Quarter by quarter
March 31, 1984 to June 30, 1987
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is McNulty Banking Company?
$56.6 million in total assets and $53.2 million in deposits as of June 30, 1987, with assets down 28.9% from a year before. Its loans were $33.3 million.
Is McNulty Banking Company profitable?
No: it lost $1.47 million from January 1 to June 30, 1987. Its return on assets was -4.67% a year; about 1% is typical.
Who owns McNulty Banking Company?
McNulty Banking Company is owned by Holdco of Pinellas County Inc, its holding company.
When did McNulty Banking Company fail?
Aug 14, 1987. Barnett BK Of Pinellas C of ST. Petersburg, FL took over its deposits. The estimated cost of the failure was $6.80 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.