FDIC Certificate #: 1751 Status: Inactive Closing history: Change in Location Acquiring institution:Community First Banking Company (#34610) Federal Reserve ID: 392844 Date Established: Febuary 06, 1901 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 1163 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: March 10, 2003 Last Structure Change Process Date: April 17, 2003 Last Data Update: April 17, 2003 Data Source Date: April 05, 2012
Location
Address: 904 South Main Street, Mountain Home, AR 72653 County: Sharp Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Little Rock Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western
History of Changes
Merger - Without Assistance
Office Sold
Change in Location
Financial Summary
Total assets: $17.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
7Total employees (full-time equivalent)
$16,975Total assets
$1,041Cash and due from depository institutions
$100Interest-bearing balances
$4,610Securities
$375Federal funds sold & reverse repurchase agreements
$10,179Net loans & leases
$149Loan loss allowance
$0Trading account assets
$42Bank premises and fixed assets
$52Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$676All other assets
$16,975Total liabilities and capital
$15,658Total liabilities
$15,503Total deposits
$14,525Interest-bearing deposits
$15,503Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$155All other liabilities
$1,317Total equity capital
$1,317Total bank equity capital
$1,317Perpetual preferred stock
$0Common stock
$155Surplus
$473Undivided profits
Memoranda
$689Noncurrent loans and leases
$212Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$242Earning assets
$0Long-term assets (5+ years)
$160Average Assets, year-to-date
$15,264Average Assets, quarterly
$3,314Volatile liabilities
$15,160Insider loans
$16,488FHLB advances
$4,044Loans and leases held for sale
$87Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$212Total unused commitments
$0Restructured Loans and leases
$115Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$976Total interest income
$364Total interest expense
$612Net interest income
$116Provision for loan and lease losses
$216Total noninterest income
$0Fiduciary activities
$79Service charges on deposit accounts
$0Trading account gains & fees
$137Additional noninterest income
$584Total noninterest expense
$273Salaries and employee benefits
$62Premises and equipment expense
$249Additional noninterest expense
$128Pre-tax net operating income
$0Securities gains (losses)
$61Applicable income taxes
$67Income before extraordinary items
$0Extraordinary gains - net
$67Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$11Sale, conversion, retirement of capital stock, net
$70Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.20%Yield on earning assets
2.68%Cost of funding earning assets
4.51%Net interest margin
1.59%Noninterest income to earning assets
4.31%Noninterest expense to earning assets
0.44%Net operating income to assets
0.44%Return on assets (ROA)
0.84%Pretax return on assets
5.16%Return on equity (ROE)
-0.23%Retained earnings to average equity (YTD only)
0.13%Net charge-offs to loans
1054.55%Credit loss provision to net charge-offs
22.18%Efficiency ratio
70,531Assets per employee
2.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
104.48%Loss allowance to loans
1.44%Loss allowance to noncurrent loans
61.57%Noncurrent assets plus other real estate owned to assets
1.73%Noncurrent loans to loans
2.34%Net loans and leases to deposits
65.66%Net loans and leases to core deposits
88.83%Equity capital to assets
7.76%Core capital (leverage) ratio
7.75%Tier 1 risk-based capital ratio
13.81%Total risk-based capital ratio
Memoranda
$15Average assets
$15,160Average earning assets
$1,298Average equity
$13,559Average loans
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