BankAlabama-Huntsville in Huntsville, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 01, 1996

BankAlabama-Huntsville in Huntsville, Alabama (AL)
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BankAlabama-Huntsville - Overview

General
FDIC Certificate #: 27208
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Union Planters Bank of Alabama (#29291)
Federal Reserve ID: 1186983
Date Established: April 04, 1988
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 9 (Interstate: No)
FDIC's unique #: 39111
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: April 04, 1988
Last Structure Change Effective Date: December 01, 1996
Last Structure Change Process Date: January 13, 1997
Last Data Update: January 13, 1997
Data Source Date: April 05, 2012
Location
Address: 312 Clinton Avenue West, Huntsville, AL 35801
County: Madison
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Shelby
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Huntsville, AL (#3440)
Combined Statistical Area (CSA): Huntsville-Decatur, AL (#290)
Core Based Statistical Area (CBSA): Huntsville, AL (#26620)
CBSA Metro Statistical Area: Huntsville, AL (#26620)
Financial Summary
Total assets: $96.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$68Total assets
$98,871Cash and due from depository institutions
$7,967Interest-bearing balances
$0Securities
$21,233Federal funds sold & reverse repurchase agreements
$3,247Net loans & leases
$60,531Loan loss allowance
$602Trading account assets
$0Bank premises and fixed assets
$2,788Other real estate owned
$194Goodwill and other intangibles
$2,911Life insurance assets
$0All other assets
$0Total liabilities and capital
$98,871Total liabilities
$92,130Total deposits
$89,624Interest-bearing deposits
$74,772Deposits held in domestic offices
89624.00%% insured (estimated)
$82Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,739Subordinated debt
$0All other liabilities
$767Total equity capital
$767Total bank equity capital
$6,741Perpetual preferred stock
$0Common stock
$1Surplus
$6,692Undivided profits
Memoranda
$48Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$737Income earned, not collected on loans
$749Earning assets
$85,011Long-term assets (5+ years)
$12,969Average Assets, year-to-date
$81,949Average Assets, quarterly
$94,458Volatile liabilities
$13,728Insider loans
$2,609FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$9,798Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,704Total risk weighted assets
$69,507Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$6,911Total interest expense
$3,244Net interest income
$3,667Provision for loan and lease losses
$377Total noninterest income
$1,417Fiduciary activities
$0Service charges on deposit accounts
$819Trading account gains & fees
$0Additional noninterest income
$598Total noninterest expense
$3,802Salaries and employee benefits
$1,647Premises and equipment expense
$796Additional noninterest expense
$1,359Pre-tax net operating income
$905Securities gains (losses)
$5Applicable income taxes
$375Income before extraordinary items
$535Extraordinary gains - net
$0Net income attributable to bank
$535Net charge-offs
$288Cash dividends
$0Sale, conversion, retirement of capital stock, net
$800Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.58%Cost of funding earning assets
4.50%Net interest margin
5.08%Noninterest income to earning assets
1.96%Noninterest expense to earning assets
5.27%Net operating income to assets
0.65%Return on assets (ROA)
0.65%Pretax return on assets
1.11%Return on equity (ROE)
9.74%Retained earnings to average equity (YTD only)
9.74%Net charge-offs to loans
0.53%Credit loss provision to net charge-offs
130.90%Efficiency ratio
74,784Assets per employee
1.45%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.98%Loss allowance to noncurrent loans
81.68%Noncurrent assets plus other real estate owned to assets
0.94%Noncurrent loans to loans
1.21%Net loans and leases to deposits
67.54%Net loans and leases to core deposits
77.97%Equity capital to assets
6.82%Core capital (leverage) ratio
7.29%Tier 1 risk-based capital ratio
9.65%Total risk-based capital ratio
Memoranda
$11Average assets
$81,949Average earning assets
$5,495Average equity
$72,165Average loans

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