Acadian Bank in Thibodaux, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 01, 1997

Acadian Bank in Thibodaux, Louisiana (LA)
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Acadian Bank - Overview

General
FDIC Certificate #: 21109
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Union Planters Bank of Louisiana (#27253)
Federal Reserve ID: 848332
Date Established: June 12, 1973
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Interstate: No)
FDIC's unique #: 14590
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: June 12, 1973
Last Structure Change Effective Date: December 01, 1997
Last Structure Change Process Date: December 31, 1997
Last Data Update: December 31, 1997
Data Source Date: April 05, 2012
Location
Address: 1001 Canal Boulevard, Thibodaux, LA 70301
County: Lafourche
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
Metropolitan Statistical Area (MSA): Houma, LA (#3350)
Core Based Statistical Area (CBSA): Houma-Bayou Cane-Thibodaux, LA (#26380)
CBSA Metro Statistical Area: Houma-Bayou Cane-Thibodaux, LA (#26380)
Financial Summary
Total assets: $81.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$52Total assets
$80,449Cash and due from depository institutions
$4,362Interest-bearing balances
$0Securities
$16,840Federal funds sold & reverse repurchase agreements
$1,425Net loans & leases
$54,307Loan loss allowance
$654Trading account assets
$0Bank premises and fixed assets
$2,278Other real estate owned
$33Goodwill and other intangibles
$1,204Life insurance assets
$0All other assets
$0Total liabilities and capital
$80,449Total liabilities
$74,710Total deposits
$73,568Interest-bearing deposits
$58,796Deposits held in domestic offices
73568.00%% insured (estimated)
$82Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,142Total equity capital
$1,142Total bank equity capital
$5,739Perpetual preferred stock
$0Common stock
$581Surplus
$2,005Undivided profits
Memoranda
$3,153Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$232Income earned, not collected on loans
$354Earning assets
$72,572Long-term assets (5+ years)
$2,800Average Assets, year-to-date
$75,898Average Assets, quarterly
$78,708Volatile liabilities
$11,107Insider loans
$1,352FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$13,216Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,710Total risk weighted assets
$59,703Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$5,860Total interest expense
$2,144Net interest income
$3,716Provision for loan and lease losses
$100Total noninterest income
$688Fiduciary activities
$0Service charges on deposit accounts
$529Trading account gains & fees
$0Additional noninterest income
$159Total noninterest expense
$2,943Salaries and employee benefits
$1,430Premises and equipment expense
$540Additional noninterest expense
$973Pre-tax net operating income
$1,361Securities gains (losses)
$0Applicable income taxes
$373Income before extraordinary items
$988Extraordinary gains - net
$0Net income attributable to bank
$988Net charge-offs
$53Cash dividends
$257Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.53%Cost of funding earning assets
3.12%Net interest margin
5.41%Noninterest income to earning assets
1.00%Noninterest expense to earning assets
4.28%Net operating income to assets
1.30%Return on assets (ROA)
1.30%Pretax return on assets
1.79%Return on equity (ROE)
18.40%Retained earnings to average equity (YTD only)
13.62%Net charge-offs to loans
0.11%Credit loss provision to net charge-offs
188.68%Efficiency ratio
66,826Assets per employee
1.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
26.01%Loss allowance to loans
1.19%Loss allowance to noncurrent loans
281.90%Noncurrent assets plus other real estate owned to assets
0.33%Noncurrent loans to loans
0.42%Net loans and leases to deposits
73.82%Net loans and leases to core deposits
86.95%Equity capital to assets
7.13%Core capital (leverage) ratio
7.19%Tier 1 risk-based capital ratio
9.56%Total risk-based capital ratio
Memoranda
$11Average assets
$75,898Average earning assets
$5,368Average equity
$68,705Average loans

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