Bank of LaPlace of St. John the Baptist Parish, Louisiana - Overview
General
FDIC Certificate #: 23194 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Union Planters Bank, National Association (#4979) Federal Reserve ID: 257037 Date Established: September 10, 1980 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 10524 FDIC's unique #: 16250 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: September 10, 1980 Last Structure Change Effective Date: Febuary 19, 1999 Last Structure Change Process Date: March 01, 1999 Last Data Update: March 01, 1999 Data Source Date: April 05, 2012
Location
Address: 900 Belle Terre Drive, Laplace, LA 70068 County: St. John The Baptist 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): New Orleans, LA (#5560) Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406) Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380) CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
Financial Summary
Total assets: $63.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
36Total employees (full-time equivalent)
$63,897Total assets
$13,553Cash and due from depository institutions
$11,023Interest-bearing balances
$1,752Securities
$0Federal funds sold & reverse repurchase agreements
$45,355Net loans & leases
$1,206Loan loss allowance
$0Trading account assets
$2,320Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$917All other assets
$63,897Total liabilities and capital
$56,669Total liabilities
$55,870Total deposits
$41,232Interest-bearing deposits
$55,870Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$799All other liabilities
$7,228Total equity capital
$7,228Total bank equity capital
$7,228Perpetual preferred stock
$0Common stock
$750Surplus
$3,908Undivided profits
Memoranda
$2,570Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$20Earning assets
$0Long-term assets (5+ years)
$383Average Assets, year-to-date
$58,130Average Assets, quarterly
$12,697Volatile liabilities
$66,038Insider loans
$64,992FHLB advances
$4,250Loans and leases held for sale
$444Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,689Total risk weighted assets
$10,549Total unused commitments
$0Restructured Loans and leases
$42,269Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$5,612Total interest income
$2,370Total interest expense
$3,242Net interest income
$752Provision for loan and lease losses
$2,312Total noninterest income
$0Fiduciary activities
$633Service charges on deposit accounts
$0Trading account gains & fees
$1,679Additional noninterest income
$4,935Total noninterest expense
$2,596Salaries and employee benefits
$674Premises and equipment expense
$1,665Additional noninterest expense
-$133Pre-tax net operating income
$92Securities gains (losses)
-$18Applicable income taxes
-$23Income before extraordinary items
$0Extraordinary gains - net
-$23Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$59Sale, conversion, retirement of capital stock, net
$550Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.05%Yield on earning assets
3.82%Cost of funding earning assets
5.23%Net interest margin
3.73%Noninterest income to earning assets
7.95%Noninterest expense to earning assets
-0.12%Net operating income to assets
-0.03%Return on assets (ROA)
-0.06%Pretax return on assets
-0.35%Return on equity (ROE)
-8.71%Retained earnings to average equity (YTD only)
0.13%Net charge-offs to loans
1274.58%Credit loss provision to net charge-offs
10.49%Efficiency ratio
88,855Assets per employee
1.77%Cash dividends to net income (YTD only)
Condition Ratios (%)
-2391.30%Loss allowance to loans
2.59%Loss allowance to noncurrent loans
6030.00%Noncurrent assets plus other real estate owned to assets
0.03%Noncurrent loans to loans
0.04%Net loans and leases to deposits
81.18%Net loans and leases to core deposits
87.86%Equity capital to assets
11.31%Core capital (leverage) ratio
11.03%Tier 1 risk-based capital ratio
17.08%Total risk-based capital ratio
Memoranda
$18Average assets
$66,038Average earning assets
$6,582Average equity
$62,039Average loans
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Bank of LaPlace of St. John the Baptist Parish, Louisiana
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