FDIC Certificate #: 34085 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The First National Bank of Fort Smith (#3864) Federal Reserve ID: 2356710 Date Established: November 02, 1995 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 4 (Interstate: No) OTS Docket #: 14357 FDIC's unique #: 56223 Numeric code: 13 Regulator: FED 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: November 02, 1995 Last Structure Change Effective Date: December 01, 2008 Last Structure Change Process Date: December 08, 2008 Last Data Update: December 08, 2008 Data Source Date: April 05, 2012
Location
Address: 801 North Dixieland, Rogers, AR 72756 County: Benton 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 Metropolitan Statistical Area (MSA): Fayetteville-Springdale-Rogers, AR (#2580) Core Based Statistical Area (CBSA): Fayetteville-Springdale-Rogers, AR-MO (#22220) CBSA Metro Statistical Area: Fayetteville-Springdale-Rogers, AR-MO (#22220)
Financial Summary
Total assets: $175.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
43Total employees (full-time equivalent)
$168,088Total assets
$2,767Cash and due from depository institutions
$85Interest-bearing balances
$18,114Securities
$0Federal funds sold & reverse repurchase agreements
$112,803Net loans & leases
$1,238Loan loss allowance
$0Trading account assets
$9,071Bank premises and fixed assets
$3,668Other real estate owned
$15,841Goodwill and other intangibles
$2,196Life insurance assets
$5,824All other assets
$168,088Total liabilities and capital
$137,627Total liabilities
$122,166Total deposits
$108,232Interest-bearing deposits
$122,166Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$13,489Other borrowed funds
$0Subordinated debt
$1,972All other liabilities
$30,461Total equity capital
$30,461Total bank equity capital
$30,461Perpetual preferred stock
$0Common stock
$322Surplus
$26,246Undivided profits
Memoranda
$3,893Noncurrent loans and leases
$45,658Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,977Earning assets
$0Long-term assets (5+ years)
$1,435Average Assets, year-to-date
$131,002Average Assets, quarterly
$9,334Volatile liabilities
$171,372Insider loans
$170,532FHLB advances
$39,433Loans and leases held for sale
$986Unused loan commitments
$13,489Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,724Total risk weighted assets
$45,658Total unused commitments
$0Restructured Loans and leases
$1,239Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$10,928Total interest income
$5,531Total interest expense
$5,397Net interest income
$500Provision for loan and lease losses
$1,367Total noninterest income
$0Fiduciary activities
$906Service charges on deposit accounts
$0Trading account gains & fees
$461Additional noninterest income
$4,641Total noninterest expense
$2,257Salaries and employee benefits
$754Premises and equipment expense
$1,630Additional noninterest expense
$1,623Pre-tax net operating income
$0Securities gains (losses)
$576Applicable income taxes
$1,047Income before extraordinary items
$0Extraordinary gains - net
$1,047Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$421Sale, conversion, retirement of capital stock, net
$500Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.12%Yield on earning assets
4.11%Cost of funding earning assets
4.01%Net interest margin
1.02%Noninterest income to earning assets
3.45%Noninterest expense to earning assets
0.61%Net operating income to assets
0.61%Return on assets (ROA)
0.95%Pretax return on assets
3.48%Return on equity (ROE)
1.82%Retained earnings to average equity (YTD only)
0.36%Net charge-offs to loans
118.76%Credit loss provision to net charge-offs
5.04%Efficiency ratio
60,645Assets per employee
3.91%Cash dividends to net income (YTD only)
Condition Ratios (%)
47.76%Loss allowance to loans
1.09%Loss allowance to noncurrent loans
31.13%Noncurrent assets plus other real estate owned to assets
4.55%Noncurrent loans to loans
3.49%Net loans and leases to deposits
92.34%Net loans and leases to core deposits
133.13%Equity capital to assets
18.12%Core capital (leverage) ratio
9.92%Tier 1 risk-based capital ratio
11.32%Total risk-based capital ratio
Memoranda
$12Average assets
$171,372Average earning assets
$30,113Average equity
$134,583Average loans
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