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

This bank is inactive as of December 05, 1995

Bank of Webb in Webb, Mississippi (MS)
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Bank of Webb - Overview

General
FDIC Certificate #: 8874
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: State Bank & Trust Company (#8878)
Federal Reserve ID: 1000342
Date Established: August 26, 1902
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 5667
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: December 05, 1995
Last Structure Change Process Date: December 14, 1995
Last Data Update: December 14, 1995
Data Source Date: April 05, 2012
Location
Address: 127 Main Street, Webb, MS 38966
County: Tallahatchie
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Memphis
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $7.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$7Total assets
$7,248Cash and due from depository institutions
$713Interest-bearing balances
$0Securities
$2,293Federal funds sold & reverse repurchase agreements
$500Net loans & leases
$3,588Loan loss allowance
$74Trading account assets
$0Bank premises and fixed assets
$62Other real estate owned
$0Goodwill and other intangibles
$92Life insurance assets
$0All other assets
$0Total liabilities and capital
$7,248Total liabilities
$6,101Total deposits
$6,007Interest-bearing deposits
$4,557Deposits held in domestic offices
6007.00%% insured (estimated)
$83Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$94Total equity capital
$94Total bank equity capital
$1,147Perpetual preferred stock
$0Common stock
$200Surplus
$800Undivided profits
Memoranda
$147Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$29Income earned, not collected on loans
$46Earning assets
$6,381Long-term assets (5+ years)
$590Average Assets, year-to-date
$7,084Average Assets, quarterly
$7,117Volatile liabilities
$1,233Insider loans
$9FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,147Total risk weighted assets
$3,964Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$531Total interest expense
$165Net interest income
$366Provision for loan and lease losses
$69Total noninterest income
$48Fiduciary activities
$0Service charges on deposit accounts
$40Trading account gains & fees
$0Additional noninterest income
$8Total noninterest expense
$276Salaries and employee benefits
$153Premises and equipment expense
$41Additional noninterest expense
$82Pre-tax net operating income
$69Securities gains (losses)
$0Applicable income taxes
$4Income before extraordinary items
$65Extraordinary gains - net
$0Net income attributable to bank
$65Net charge-offs
$31Cash dividends
$40Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.43%Cost of funding earning assets
2.62%Net interest margin
5.81%Noninterest income to earning assets
0.76%Noninterest expense to earning assets
4.38%Net operating income to assets
0.92%Return on assets (ROA)
0.92%Pretax return on assets
0.97%Return on equity (ROE)
5.67%Retained earnings to average equity (YTD only)
2.18%Net charge-offs to loans
0.91%Credit loss provision to net charge-offs
222.58%Efficiency ratio
66,667Assets per employee
1.04%Cash dividends to net income (YTD only)
Condition Ratios (%)
61.54%Loss allowance to loans
2.02%Loss allowance to noncurrent loans
255.17%Noncurrent assets plus other real estate owned to assets
0.40%Noncurrent loans to loans
0.79%Net loans and leases to deposits
59.73%Net loans and leases to core deposits
75.16%Equity capital to assets
15.83%Core capital (leverage) ratio
15.69%Tier 1 risk-based capital ratio
28.93%Total risk-based capital ratio
Memoranda
$30Average assets
$7,084Average earning assets
$1,146Average equity
$6,302Average loans

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