Bank of Flora in Flora, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 03, 1993

  • Bank of Flora in Flora, Mississippi (MS)
  • Show street view No street view available for this location

Bank of Flora - Overview

  • General
  • FDIC Certificate #: 12440
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: BankPlus (#5903)
    Federal Reserve ID: 702537
    Date Established: January 22, 1904
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 7920
    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: May 03, 1993
    Last Structure Change Process Date: May 26, 1993
    Last Data Update: May 26, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 614-618 East Main, Flora, MS 39071
    County: Madison
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Jackson Ms
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Jackson, MS (#3560)
    Combined Statistical Area (CSA): Jackson-Yazoo City, MS (#298)
    Core Based Statistical Area (CBSA): Jackson, MS (#27140)
    CBSA Metro Statistical Area: Jackson, MS (#27140)
  • Financial Summary
  • Total assets: $27.1 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $17Total assets
  • $26,213Cash and due from depository institutions
  • $1,805Interest-bearing balances
  • $0Securities
  • $9,613Federal funds sold & reverse repurchase agreements
  • $250Net loans & leases
  • $13,592Loan loss allowance
  • $289Trading account assets
  • $0Bank premises and fixed assets
  • $465Other real estate owned
  • $129Goodwill and other intangibles
  • $359Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $26,213Total liabilities
  • $23,735Total deposits
  • $23,565Interest-bearing deposits
  • $19,869Deposits held in domestic offices
  • 23565.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $170Total equity capital
  • $170Total bank equity capital
  • $2,478Perpetual preferred stock
  • $0Common stock
  • $600Surplus
  • $1,767Undivided profits
  • Memoranda
  • $111Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $588Income earned, not collected on loans
  • $137Earning assets
  • $23,455Long-term assets (5+ years)
  • $4,785Average Assets, year-to-date
  • $26,190Average Assets, quarterly
  • $26,123Volatile liabilities
  • $2,910Insider loans
  • $6FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,478Total risk weighted assets
  • $14,214Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,917Total interest expense
  • $846Net interest income
  • $1,071Provision for loan and lease losses
  • $118Total noninterest income
  • $259Fiduciary activities
  • $0Service charges on deposit accounts
  • $201Trading account gains & fees
  • $0Additional noninterest income
  • $58Total noninterest expense
  • $896Salaries and employee benefits
  • $445Premises and equipment expense
  • $126Additional noninterest expense
  • $325Pre-tax net operating income
  • $316Securities gains (losses)
  • $46Applicable income taxes
  • $155Income before extraordinary items
  • $207Extraordinary gains - net
  • $0Net income attributable to bank
  • $207Net charge-offs
  • $77Cash dividends
  • $185Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.14%Cost of funding earning assets
  • 3.59%Net interest margin
  • 4.55%Noninterest income to earning assets
  • 1.10%Noninterest expense to earning assets
  • 3.80%Net operating income to assets
  • 0.68%Return on assets (ROA)
  • 0.79%Pretax return on assets
  • 1.38%Return on equity (ROE)
  • 8.49%Retained earnings to average equity (YTD only)
  • 0.90%Net charge-offs to loans
  • 0.60%Credit loss provision to net charge-offs
  • 153.25%Efficiency ratio
  • 67,368Assets per employee
  • 1.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 89.37%Loss allowance to loans
  • 2.08%Loss allowance to noncurrent loans
  • 49.15%Noncurrent assets plus other real estate owned to assets
  • 2.74%Noncurrent loans to loans
  • 4.24%Net loans and leases to deposits
  • 57.68%Net loans and leases to core deposits
  • 65.80%Equity capital to assets
  • 9.45%Core capital (leverage) ratio
  • 9.48%Tier 1 risk-based capital ratio
  • 17.43%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $26,190Average earning assets
  • $2,438Average equity
  • $23,561Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank of Flora.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents