FDIC Certificate #: 24678 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:American Horizons Bank (#34794) Federal Reserve ID: 851958 Date Established: September 01, 1983 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) OTS Docket #: 12531 FDIC's unique #: 17133 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: September 01, 1983 Last Structure Change Effective Date: November 30, 2002 Last Structure Change Process Date: January 02, 2003 Last Data Update: January 02, 2003 Data Source Date: April 05, 2012
Location
Address: 400 North Vienna Street, Ruston, LA 71270 County: Lincoln Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Shreveport Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Core Based Statistical Area (CBSA): Ruston, LA (#40820) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $105.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
43Total employees (full-time equivalent)
$98,891Total assets
$5,176Cash and due from depository institutions
$1,337Interest-bearing balances
$12,161Securities
$3,200Federal funds sold & reverse repurchase agreements
$72,981Net loans & leases
$644Loan loss allowance
$0Trading account assets
$3,194Bank premises and fixed assets
$217Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,962All other assets
$98,891Total liabilities and capital
$92,613Total liabilities
$91,881Total deposits
$80,121Interest-bearing deposits
$91,881Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$732All other liabilities
$6,278Total equity capital
$6,278Total bank equity capital
$6,278Perpetual preferred stock
$0Common stock
$1,000Surplus
$3,460Undivided profits
Memoranda
$1,818Noncurrent loans and leases
$7,983Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$747Earning assets
$0Long-term assets (5+ years)
$686Average Assets, year-to-date
$89,679Average Assets, quarterly
$13,662Volatile liabilities
$83,954Insider loans
$97,229FHLB advances
$22,365Loans and leases held for sale
$2,063Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,983Total unused commitments
$507Restructured Loans and leases
$644Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$6,097Total interest income
$3,009Total interest expense
$3,088Net interest income
$185Provision for loan and lease losses
$775Total noninterest income
$0Fiduciary activities
$549Service charges on deposit accounts
$0Trading account gains & fees
$226Additional noninterest income
$3,355Total noninterest expense
$1,716Salaries and employee benefits
$644Premises and equipment expense
$995Additional noninterest expense
$323Pre-tax net operating income
$3Securities gains (losses)
$116Applicable income taxes
$210Income before extraordinary items
$0Extraordinary gains - net
$210Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$179Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.03%Yield on earning assets
3.96%Cost of funding earning assets
4.07%Net interest margin
1.02%Noninterest income to earning assets
4.42%Noninterest expense to earning assets
0.25%Net operating income to assets
0.25%Return on assets (ROA)
0.39%Pretax return on assets
3.56%Return on equity (ROE)
3.56%Retained earnings to average equity (YTD only)
0.33%Net charge-offs to loans
103.35%Credit loss provision to net charge-offs
2.84%Efficiency ratio
86,850Assets per employee
2.30%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.87%Loss allowance to noncurrent loans
86.21%Noncurrent assets plus other real estate owned to assets
0.97%Noncurrent loans to loans
1.01%Net loans and leases to deposits
79.43%Net loans and leases to core deposits
104.98%Equity capital to assets
6.35%Core capital (leverage) ratio
6.31%Tier 1 risk-based capital ratio
8.63%Total risk-based capital ratio
Memoranda
$10Average assets
$83,954Average earning assets
$5,896Average equity
$75,907Average loans
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