American State Bank in Jonesboro, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 30, 2005

  • American State Bank in Jonesboro, Arkansas (AR)
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American State Bank - Overview

  • General
  • FDIC Certificate #: 5617
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: BancorpSouth Bank (#11813)
    Federal Reserve ID: 198448
    Date Established: October 01, 1908
    WWW: http://www.american-state-bank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 11 (Interstate: No)
    OTS Docket #: 15446
    FDIC's unique #: 3825
    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 01, 1934
    Last Structure Change Effective Date: November 30, 2005
    Last Structure Change Process Date: December 07, 2005
    Last Data Update: December 07, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 2201 Fair Park, Jonesboro, AR 72401
    County: Craighead
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Memphis
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Jonesboro, AR (#3700)
    Combined Statistical Area (CSA): Jonesboro-Paragould, AR (#308)
    Core Based Statistical Area (CBSA): Jonesboro, AR (#27860)
    CBSA Metro Statistical Area: Jonesboro, AR (#27860)
  • Financial Summary
  • Total assets: $356.7 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, 2004)

  • Dollar figures in thousands
  • 104Total employees (full-time equivalent)
  • $333,550Total assets
  • $15,513Cash and due from depository institutions
  • $1,590Interest-bearing balances
  • $99,073Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $197,420Net loans & leases
  • $1,965Loan loss allowance
  • $0Trading account assets
  • $12,389Bank premises and fixed assets
  • $363Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $8,792All other assets
  • $333,550Total liabilities and capital
  • $309,363Total liabilities
  • $285,040Total deposits
  • $276,727Interest-bearing deposits
  • $285,040Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $5,874Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $12,000Other borrowed funds
  • $0Subordinated debt
  • $6,449All other liabilities
  • $24,187Total equity capital
  • $24,187Total bank equity capital
  • $24,187Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $17,000Undivided profits
  • Memoranda
  • $7,087Noncurrent loans and leases
  • $26,995Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $69Earning assets
  • $0Long-term assets (5+ years)
  • $1,858Average Assets, year-to-date
  • $298,083Average Assets, quarterly
  • $53,979Volatile liabilities
  • $299,792Insider loans
  • $321,521FHLB advances
  • $64,236Loans and leases held for sale
  • $2,132Unused loan commitments
  • $12,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $26,995Total unused commitments
  • $0Restructured Loans and leases
  • $1,965Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $14,259Total interest income
  • $4,479Total interest expense
  • $9,780Net interest income
  • $205Provision for loan and lease losses
  • $2,460Total noninterest income
  • $0Fiduciary activities
  • $1,925Service charges on deposit accounts
  • $0Trading account gains & fees
  • $535Additional noninterest income
  • $8,082Total noninterest expense
  • $4,004Salaries and employee benefits
  • $1,481Premises and equipment expense
  • $2,597Additional noninterest expense
  • $3,953Pre-tax net operating income
  • -$8Securities gains (losses)
  • $1,235Applicable income taxes
  • $2,710Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,710Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $286Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.33%Yield on earning assets
  • 1.67%Cost of funding earning assets
  • 3.66%Net interest margin
  • 0.92%Noninterest income to earning assets
  • 3.02%Noninterest expense to earning assets
  • 0.91%Net operating income to assets
  • 0.90%Return on assets (ROA)
  • 1.32%Pretax return on assets
  • 12.36%Return on equity (ROE)
  • 12.36%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • 71.68%Credit loss provision to net charge-offs
  • 14.54%Efficiency ratio
  • 66,029Assets per employee
  • 3.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.99%Loss allowance to noncurrent loans
  • 2847.83%Noncurrent assets plus other real estate owned to assets
  • 0.13%Noncurrent loans to loans
  • 0.03%Net loans and leases to deposits
  • 69.26%Net loans and leases to core deposits
  • 82.71%Equity capital to assets
  • 7.25%Core capital (leverage) ratio
  • 7.88%Tier 1 risk-based capital ratio
  • 11.25%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $299,792Average earning assets
  • $21,930Average equity
  • $267,513Average loans

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