FDIC Certificate #: 16282 Status: Active Federal Reserve ID: 311144 Bank Holding Company (Regulatory Top Holder): Bearden Bancshares, Inc. (RSSDID: 2993722, Location: Bearden, AR) Date Established: July 05, 1945 Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 10470 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: July 05, 1945 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: Second And Cedar, Bearden, AR 71720 County: Ouachita 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): Camden, AR (#15780) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $34.9 mil Equity capital: $5.8 mil Deposits held in domestic offices: $28.8 mil Return on assets (ROA): 1.16% ($0.4 mil) Quarterly return on assets: 1.54% ($0.5 mil) Return on Equity (ROE): 7.07% ($0.4 mil) Quarterly return on equity: 9.05% ($0.5 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.16% ($404.6 mil) Quarterly Pretax return on assets: 1.54% ($537.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
8Total employees (full-time equivalent)
$34,875Total assets
$3,053Cash and due from depository institutions
$0Interest-bearing balances
$5,781Securities
$6,025Federal funds sold & reverse repurchase agreements
$19,631Net loans & leases
$271Loan loss allowance
$0Trading account assets
$98Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$34,875Life insurance assets
$287All other assets
$29,090Total liabilities and capital
$28,822Total liabilities
$21,143Total deposits
$28,822Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$268Subordinated debt
$5,785All other liabilities
$5,785Total equity capital
$5,785Total bank equity capital
$0Perpetual preferred stock
$8Common stock
$1,380Surplus
$4,397Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$151Income earned, not collected on loans
$0Earning assets
$138Long-term assets (5+ years)
$31,437Average Assets, year-to-date
$6,399Average Assets, quarterly
$35,162Volatile liabilities
$34,193Insider loans
$21,805FHLB advances
$34,322Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,765Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,870Restructured Loans and leases
$3,018Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,374Total interest income
$181Total interest expense
$1,193Net interest income
$16Provision for loan and lease losses
$57Total noninterest income
$0Fiduciary activities
$54Service charges on deposit accounts
$0Trading account gains & fees
$3Additional noninterest income
$821Total noninterest expense
$422Salaries and employee benefits
$19Premises and equipment expense
$380Additional noninterest expense
$413Pre-tax net operating income
-$4Securities gains (losses)
$0Applicable income taxes
$409Income before extraordinary items
$0Extraordinary gains - net
$409Net income attributable to bank
$0Net charge-offs
$409Cash dividends
$6Sale, conversion, retirement of capital stock, net
$345Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.40%Yield on earning assets
0.58%Cost of funding earning assets
3.82%Net interest margin
0.18%Noninterest income to earning assets
2.63%Noninterest expense to earning assets
1.17%Net operating income to assets
1.16%Return on assets (ROA)
1.16%Pretax return on assets
7.07%Return on equity (ROE)
1.11%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
266.67%Credit loss provision to net charge-offs
71.50%Efficiency ratio
65,680Assets per employee
4.36%Cash dividends to net income (YTD only)
Condition Ratios (%)
84.35%Loss allowance to loans
1.36%Loss allowance to noncurrent loans
179.47%Noncurrent assets plus other real estate owned to assets
0.43%Noncurrent loans to loans
0.76%Net loans and leases to deposits
68.11%Net loans and leases to core deposits
70.72%Equity capital to assets
16.59%Core capital (leverage) ratio
16.80%Tier 1 risk-based capital ratio
26.44%Total risk-based capital ratio
Memoranda
$28Average assets
$35,162Average earning assets
$5,787Average equity
$31,235Average loans
List of branches
1 Arkansas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
10470
Bank Of Bearden
Second And Cedar, Bearden, AR 71720
July 05, 1945
Full Service Brick and Mortar
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