FDIC Certificate #: 97 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Regions Bank (#12368) Federal Reserve ID: 339540 Date Established: January 01, 1907 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 10 (Interstate: No) OTS Docket #: 14576 FDIC's unique #: 77 Numeric code: 13 Regulator: FED Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes Oakar Institutions: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: October 22, 1998 Last Structure Change Process Date: November 10, 1998 Last Data Update: November 10, 1998 Data Source Date: April 05, 2012
Location
Address: 835 Central Avenue, Hot Springs, AR 71901 County: Garland Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Atlanta FDIC Field Office: Little Rock Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Core Based Statistical Area (CBSA): Hot Springs, AR (#26300) CBSA Metro Statistical Area: Hot Springs, AR (#26300)
Financial Summary
Total assets: $446.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
156Total employees (full-time equivalent)
$437,773Total assets
$13,757Cash and due from depository institutions
$0Interest-bearing balances
$60,751Securities
$5,000Federal funds sold & reverse repurchase agreements
$343,278Net loans & leases
$5,951Loan loss allowance
$0Trading account assets
$8,250Bank premises and fixed assets
$146Other real estate owned
$356Goodwill and other intangibles
$0Life insurance assets
$6,235All other assets
$437,773Total liabilities and capital
$405,388Total liabilities
$401,542Total deposits
$323,625Interest-bearing deposits
$401,542Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$3,846All other liabilities
$32,385Total equity capital
$32,385Total bank equity capital
$32,385Perpetual preferred stock
$0Common stock
$100Surplus
$15,742Undivided profits
Memoranda
$16,543Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,180Earning assets
$0Long-term assets (5+ years)
$1,986Average Assets, year-to-date
$409,029Average Assets, quarterly
$77,611Volatile liabilities
$423,079Insider loans
$434,379FHLB advances
$34,608Loans and leases held for sale
$6,052Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$35,080Total unused commitments
$0Restructured Loans and leases
$289,299Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$32,158Total interest income
$12,010Total interest expense
$20,148Net interest income
$200Provision for loan and lease losses
$3,736Total noninterest income
$560Fiduciary activities
$1,394Service charges on deposit accounts
$0Trading account gains & fees
$1,782Additional noninterest income
$11,683Total noninterest expense
$5,277Salaries and employee benefits
$1,866Premises and equipment expense
$4,540Additional noninterest expense
$12,001Pre-tax net operating income
$1Securities gains (losses)
$4,432Applicable income taxes
$7,570Income before extraordinary items
$0Extraordinary gains - net
$7,570Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$275Sale, conversion, retirement of capital stock, net
$6,400Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.18%Yield on earning assets
3.05%Cost of funding earning assets
5.12%Net interest margin
0.95%Noninterest income to earning assets
2.97%Noninterest expense to earning assets
1.79%Net operating income to assets
1.79%Return on assets (ROA)
2.84%Pretax return on assets
24.45%Return on equity (ROE)
3.78%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
72.73%Credit loss provision to net charge-offs
44.37%Efficiency ratio
48,501Assets per employee
2.81%Cash dividends to net income (YTD only)
Condition Ratios (%)
84.54%Loss allowance to loans
1.70%Loss allowance to noncurrent loans
504.32%Noncurrent assets plus other real estate owned to assets
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