Abbeville Building & Loan (A State-Chartered Savings Bank) - Overview
General
FDIC Certificate #: 30332 Status: Active Federal Reserve ID: 114774 Date Established: January 01, 1890 WWW:http://www.abbemae.com Trust Powers Granted: No Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 5179 FDIC's unique #: 43166 Numeric code: 42 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: August 09, 1948 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 1212 Charity Street, Abbeville, LA 70510 County: Vermilion Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Baton Rouge Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Combined Statistical Area (CSA): Lafayette-Acadiana, LA (#318) Core Based Statistical Area (CBSA): Abbeville, LA (#10020) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $41.6 mil Equity capital: $11.3 mil Deposits held in domestic offices: $28.2 mil Return on assets (ROA): 1.70% ($0.7 mil) Quarterly return on assets: 2.73% ($1.1 mil) Return on Equity (ROE): 6.51% ($0.7 mil) Quarterly return on equity: 10.31% ($1.1 mil) Net income: $0.7 mil Quarterly Net income: $0.3 mil Pretax return on assets: 2.58% ($1,073.4 mil) Quarterly Pretax return on assets: 4.12% ($1,714.2 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
18Total employees (full-time equivalent)
$41,606Total assets
$1,797Cash and due from depository institutions
$1,564Interest-bearing balances
$77Securities
$0Federal funds sold & reverse repurchase agreements
$35,733Net loans & leases
$535Loan loss allowance
$0Trading account assets
$470Bank premises and fixed assets
$0Other real estate owned
$3,019Goodwill and other intangibles
$41,606Life insurance assets
$510All other assets
$30,333Total liabilities and capital
$28,242Total liabilities
$25,673Total deposits
$28,242Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,000Trading liabilities
$0Other borrowed funds
$1,091Subordinated debt
$11,273All other liabilities
$11,273Total equity capital
$11,273Total bank equity capital
$11,273Perpetual preferred stock
$0Common stock
$0Surplus
$0Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,683Income earned, not collected on loans
$0Earning assets
$201Long-term assets (5+ years)
$37,374Average Assets, year-to-date
$20,941Average Assets, quarterly
$41,584Volatile liabilities
$42,114Insider loans
$31,890FHLB advances
$42,471Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,971Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$24,041Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,296Total interest income
$450Total interest expense
$1,846Net interest income
$100Provision for loan and lease losses
$1,164Total noninterest income
$0Fiduciary activities
$7Service charges on deposit accounts
$0Trading account gains & fees
$1,157Additional noninterest income
$1,837Total noninterest expense
$923Salaries and employee benefits
$142Premises and equipment expense
$772Additional noninterest expense
$1,073Pre-tax net operating income
$0Securities gains (losses)
$364Applicable income taxes
$709Income before extraordinary items
$0Extraordinary gains - net
$709Net income attributable to bank
$0Net charge-offs
$709Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.16%Yield on earning assets
1.21%Cost of funding earning assets
4.95%Net interest margin
3.12%Noninterest income to earning assets
4.93%Noninterest expense to earning assets
1.70%Net operating income to assets
1.70%Return on assets (ROA)
2.58%Pretax return on assets
6.51%Return on equity (ROE)
6.51%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
61,030Assets per employee
2.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.48%Loss allowance to noncurrent loans
31.79%Noncurrent assets plus other real estate owned to assets
4.05%Noncurrent loans to loans
4.64%Net loans and leases to deposits
126.52%Net loans and leases to core deposits
130.07%Equity capital to assets
27.09%Core capital (leverage) ratio
25.83%Tier 1 risk-based capital ratio
34.40%Total risk-based capital ratio
Memoranda
$36Average assets
$41,584Average earning assets
$10,895Average equity
$37,275Average loans
List of branches
1 Louisiana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
43166
Abbeville Building & Loan (A State-C
1212 Charity Street, Abbeville, LA 70510
January 01, 1890
Full Service Brick and Mortar
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Abbeville Building & Loan (A State-Chartered Savings Bank)
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