FDIC Certificate #: 49 Status: Active Federal Reserve ID: 560438 Date Established: September 01, 1932 WWW:http://www.thebankofevergreen.com 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 #: 30 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: No Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: January 01, 1934 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: 146 West Front Street, Evergreen, AL 36401 County: Conecuh Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Pensacola Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $52.3 mil Equity capital: $4.3 mil Deposits held in domestic offices: $47.6 mil Return on assets (ROA): 0.81% ($0.4 mil) Quarterly return on assets: 1.11% ($0.6 mil) Return on Equity (ROE): 10.08% ($0.4 mil) Quarterly return on equity: 13.54% ($0.5 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.25% ($653.3 mil) Quarterly Pretax return on assets: 1.75% ($914.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
14Total employees (full-time equivalent)
$52,265Total assets
$3,336Cash and due from depository institutions
$1,893Interest-bearing balances
$12,757Securities
$625Federal funds sold & reverse repurchase agreements
$33,839Net loans & leases
$585Loan loss allowance
$0Trading account assets
$572Bank premises and fixed assets
$342Other real estate owned
$0Goodwill and other intangibles
$52,265Life insurance assets
$794All other assets
$47,969Total liabilities and capital
$47,649Total liabilities
$37,122Total deposits
$47,649Interest-bearing deposits
$90Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$320Subordinated debt
$4,296All other liabilities
$4,296Total equity capital
$4,296Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$100Surplus
$4,096Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$926Income earned, not collected on loans
$0Earning assets
$334Long-term assets (5+ years)
$49,114Average Assets, year-to-date
$11,511Average Assets, quarterly
$49,908Volatile liabilities
$51,456Insider loans
$32,806FHLB advances
$51,020Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$4,093Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$670Restructured Loans and leases
$69Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,633Total interest income
$551Total interest expense
$2,082Net interest income
$410Provision for loan and lease losses
$412Total noninterest income
$0Fiduciary activities
$317Service charges on deposit accounts
$0Trading account gains & fees
$95Additional noninterest income
$1,466Total noninterest expense
$859Salaries and employee benefits
$129Premises and equipment expense
$478Additional noninterest expense
$618Pre-tax net operating income
$7Securities gains (losses)
$219Applicable income taxes
$406Income before extraordinary items
$0Extraordinary gains - net
$406Net income attributable to bank
$0Net charge-offs
$406Cash dividends
$325Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.57%Yield on earning assets
1.17%Cost of funding earning assets
4.41%Net interest margin
0.87%Noninterest income to earning assets
3.10%Noninterest expense to earning assets
0.80%Net operating income to assets
0.81%Return on assets (ROA)
1.25%Pretax return on assets
10.08%Return on equity (ROE)
10.08%Retained earnings to average equity (YTD only)
0.93%Net charge-offs to loans
126.15%Credit loss provision to net charge-offs
3.16%Efficiency ratio
58,781Assets per employee
3.73%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.70%Loss allowance to noncurrent loans
63.17%Noncurrent assets plus other real estate owned to assets
2.43%Noncurrent loans to loans
2.69%Net loans and leases to deposits
71.02%Net loans and leases to core deposits
83.79%Equity capital to assets
8.22%Core capital (leverage) ratio
8.02%Tier 1 risk-based capital ratio
12.48%Total risk-based capital ratio
Memoranda
$14Average assets
$49,908Average earning assets
$4,029Average equity
$47,254Average loans
List of branches
1 Alabama Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
30
Bank Of Evergreen
146 West Front Street, Evergreen, AL 36401
September 01, 1932
Full Service Brick and Mortar
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