Bank of Commerce in city_name, state_name - Detailed Financial Reports, Location

Bank of Commerce in Baton Rouge, Louisiana (LA)
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Bank of Commerce - Overview

General
FDIC Certificate #: 25338
Status: Inactive
Closing history: Corrections
Acquiring institution: Deposit Guaranty National Bank (#9784)
Federal Reserve ID: 925532
Date Established: August 06, 1984
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 11812
FDIC's unique #: 17525
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: August 06, 1984
Last Structure Change Effective Date: July 01, 1997
Last Structure Change Process Date: July 31, 1997
Last Data Update: August 14, 1997
Data Source Date: April 05, 2012
Location
Address: 7777 Jefferson Highway, Baton Rouge, LA 70809
County: East Baton Rouge
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): Baton Rouge, LA (#760)
Combined Statistical Area (CSA): Baton Rouge-Pierre Part, LA (#132)
Core Based Statistical Area (CBSA): Baton Rouge, LA (#12940)
CBSA Metro Statistical Area: Baton Rouge, LA (#12940)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $66.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$25Total assets
$69,289Cash and due from depository institutions
$3,694Interest-bearing balances
$0Securities
$14,810Federal funds sold & reverse repurchase agreements
$5,300Net loans & leases
$42,017Loan loss allowance
$645Trading account assets
$0Bank premises and fixed assets
$2,471Other real estate owned
$390Goodwill and other intangibles
$607Life insurance assets
$0All other assets
$0Total liabilities and capital
$69,289Total liabilities
$63,950Total deposits
$63,529Interest-bearing deposits
$51,943Deposits held in domestic offices
63529.00%% insured (estimated)
$83Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$421Total equity capital
$421Total bank equity capital
$5,339Perpetual preferred stock
$0Common stock
$2,500Surplus
$1,250Undivided profits
Memoranda
$1,589Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$201Income earned, not collected on loans
$228Earning assets
$62,127Long-term assets (5+ years)
$12,614Average Assets, year-to-date
$63,408Average Assets, quarterly
$66,113Volatile liabilities
$8,628Insider loans
$538FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$7,514Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,392Total risk weighted assets
$49,508Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$4,896Total interest expense
$2,376Net interest income
$2,520Provision for loan and lease losses
$168Total noninterest income
$347Fiduciary activities
$0Service charges on deposit accounts
$132Trading account gains & fees
$0Additional noninterest income
$215Total noninterest expense
$2,007Salaries and employee benefits
$1,081Premises and equipment expense
$230Additional noninterest expense
$696Pre-tax net operating income
$692Securities gains (losses)
-$6Applicable income taxes
$227Income before extraordinary items
$459Extraordinary gains - net
$0Net income attributable to bank
$459Net charge-offs
$74Cash dividends
$75Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.59%Cost of funding earning assets
4.17%Net interest margin
4.42%Noninterest income to earning assets
0.61%Noninterest expense to earning assets
3.52%Net operating income to assets
0.73%Return on assets (ROA)
0.72%Pretax return on assets
1.08%Return on equity (ROE)
8.94%Retained earnings to average equity (YTD only)
7.48%Net charge-offs to loans
0.19%Credit loss provision to net charge-offs
227.03%Efficiency ratio
70,003Assets per employee
2.77%Cash dividends to net income (YTD only)
Condition Ratios (%)
16.34%Loss allowance to loans
1.51%Loss allowance to noncurrent loans
320.90%Noncurrent assets plus other real estate owned to assets
0.85%Noncurrent loans to loans
0.47%Net loans and leases to deposits
66.14%Net loans and leases to core deposits
76.53%Equity capital to assets
7.71%Core capital (leverage) ratio
8.30%Tier 1 risk-based capital ratio
10.89%Total risk-based capital ratio
Memoranda
$12Average assets
$63,408Average earning assets
$5,132Average equity
$57,024Average loans

Bank of Commerce in Baton Rouge, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Commerce - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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Bank of Commerce in Baton Rouge, Louisiana (LA)Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Commerce - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

Bank of Commerce in Baton Rouge, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches