FDIC Certificate #: 1372 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Guaranty Bank (#14028) Federal Reserve ID: 487236 Date Established: January 01, 1904 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) FDIC's unique #: 897 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: July 01, 2011 Last Structure Change Process Date: July 11, 2011 Last Data Update: July 11, 2011 Data Source Date: April 05, 2012
Location
Address: 6151 Hwy 10, Greensburg, LA 70441 County: St. Helena 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 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)
Financial Summary
Total assets: $87.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
37Total employees (full-time equivalent)
$89,314Total assets
$7,597Cash and due from depository institutions
$5,886Interest-bearing balances
$7,782Securities
$620Federal funds sold & reverse repurchase agreements
$67,535Net loans & leases
$892Loan loss allowance
$0Trading account assets
$1,681Bank premises and fixed assets
$2,687Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,412All other assets
$89,313Total liabilities and capital
$80,428Total liabilities
$79,810Total deposits
$65,623Interest-bearing deposits
$79,810Deposits held in domestic offices
92.96%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$618All other liabilities
$8,885Total equity capital
$8,885Total bank equity capital
$8,885Perpetual preferred stock
$0Common stock
$155Surplus
$3,000Undivided profits
Memoranda
$5,730Noncurrent loans and leases
$1,267Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,281Earning assets
$0Long-term assets (5+ years)
$351Average Assets, year-to-date
$81,823Average Assets, quarterly
$5,309Volatile liabilities
$93,828Insider loans
$90,192FHLB advances
$23,984Loans and leases held for sale
$1,031Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,267Total unused commitments
$0Restructured Loans and leases
$823Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$5,161Total interest income
$1,134Total interest expense
$4,027Net interest income
$1,486Provision for loan and lease losses
$564Total noninterest income
$0Fiduciary activities
$482Service charges on deposit accounts
$0Trading account gains & fees
$82Additional noninterest income
$3,439Total noninterest expense
$1,706Salaries and employee benefits
$319Premises and equipment expense
$1,414Additional noninterest expense
-$334Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$334Income before extraordinary items
$0Extraordinary gains - net
-$334Net income attributable to bank
$0Net charge-offs
-$334Cash dividends
$1,143Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.12%Yield on earning assets
1.34%Cost of funding earning assets
4.77%Net interest margin
0.67%Noninterest income to earning assets
4.08%Noninterest expense to earning assets
-0.36%Net operating income to assets
-0.36%Return on assets (ROA)
-0.36%Pretax return on assets
-3.57%Return on equity (ROE)
-3.57%Retained earnings to average equity (YTD only)
1.55%Net charge-offs to loans
130.01%Credit loss provision to net charge-offs
1.01%Efficiency ratio
74,907Assets per employee
2.41%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.30%Loss allowance to noncurrent loans
27.19%Noncurrent assets plus other real estate owned to assets
6.68%Noncurrent loans to loans
4.79%Net loans and leases to deposits
84.62%Net loans and leases to core deposits
120.97%Equity capital to assets
9.95%Core capital (leverage) ratio
9.69%Tier 1 risk-based capital ratio
13.47%Total risk-based capital ratio
Memoranda
$15Average assets
$93,828Average earning assets
$9,350Average equity
$84,358Average loans
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