American Bank in city_name, state_name - Detailed Financial Reports, Location

American Bank in Norco, Louisiana (LA)
Show street view No street view available for this location

American Bank - Overview

General
FDIC Certificate #: 19345
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Capital One, National Association (#4297)
Federal Reserve ID: 815138
Date Established: January 08, 1965
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
OTS Docket #: 11632
FDIC's unique #: 13155
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: January 08, 1965
Last Structure Change Effective Date: March 01, 1995
Last Structure Change Process Date: March 22, 1995
Last Data Update: March 22, 1995
Data Source Date: April 05, 2012
Location
Address: Apple Street And Norco Square, Norco, LA 70079
County: St. Charles
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): New Orleans, LA (#5560)
Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406)
Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380)
CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
Financial Summary
Total assets: $88.6 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$57Total assets
$88,572Cash and due from depository institutions
$6,251Interest-bearing balances
$34Securities
$18,621Federal funds sold & reverse repurchase agreements
$7,550Net loans & leases
$51,999Loan loss allowance
$808Trading account assets
$0Bank premises and fixed assets
$2,489Other real estate owned
$394Goodwill and other intangibles
$1,268Life insurance assets
$0All other assets
$0Total liabilities and capital
$88,572Total liabilities
$79,341Total deposits
$78,569Interest-bearing deposits
$64,340Deposits held in domestic offices
78569.00%% insured (estimated)
$94Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$236Subordinated debt
$0All other liabilities
$536Total equity capital
$536Total bank equity capital
$9,231Perpetual preferred stock
$0Common stock
$484Surplus
$3,516Undivided profits
Memoranda
$5,231Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$358Income earned, not collected on loans
$305Earning assets
$78,204Long-term assets (5+ years)
$13,815Average Assets, year-to-date
$93,646Average Assets, quarterly
$90,636Volatile liabilities
$2,698Insider loans
$366FHLB advances
$0Loans and leases held for sale
$643Unused loan commitments
$2,594Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$9,275Total risk weighted assets
$50,888Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$7,090Total interest expense
$1,884Net interest income
$5,206Provision for loan and lease losses
-$370Total noninterest income
$1,669Fiduciary activities
$0Service charges on deposit accounts
$629Trading account gains & fees
$0Additional noninterest income
$1,040Total noninterest expense
$4,110Salaries and employee benefits
$1,734Premises and equipment expense
$646Additional noninterest expense
$1,730Pre-tax net operating income
$3,135Securities gains (losses)
-$342Applicable income taxes
$873Income before extraordinary items
$1,920Extraordinary gains - net
$0Net income attributable to bank
$1,920Net charge-offs
-$293Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.36%Cost of funding earning assets
2.22%Net interest margin
6.14%Noninterest income to earning assets
1.97%Noninterest expense to earning assets
4.85%Net operating income to assets
2.30%Return on assets (ROA)
2.05%Pretax return on assets
2.98%Return on equity (ROE)
23.21%Retained earnings to average equity (YTD only)
23.21%Net charge-offs to loans
-0.53%Credit loss provision to net charge-offs
126.28%Efficiency ratio
59,782Assets per employee
1.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.53%Loss allowance to noncurrent loans
225.70%Noncurrent assets plus other real estate owned to assets
0.85%Noncurrent loans to loans
0.68%Net loans and leases to deposits
66.18%Net loans and leases to core deposits
68.32%Equity capital to assets
10.42%Core capital (leverage) ratio
10.15%Tier 1 risk-based capital ratio
18.23%Total risk-based capital ratio
Memoranda
$19Average assets
$93,646Average earning assets
$8,274Average equity
$84,822Average loans

American Bank in Norco, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

American Bank - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

Comment about this bank, ask questions, or add new information about it:

American Bank in Norco, Louisiana (LA)Overview, Financial Summary, Detailed Financial Reports, Branches

American Bank - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

Comment about this bank, ask questions, or add new information about it:

American Bank in Norco, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches