FDIC Certificate #: 19541 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Iberiabank (#28100) Federal Reserve ID: 472335 Date Established: January 15, 1966 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 22 (Interstate: No) FDIC's unique #: 13341 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 15, 1966 Last Structure Change Effective Date: June 01, 2011 Last Structure Change Process Date: June 08, 2011 Last Data Update: June 08, 2011 Data Source Date: April 05, 2012
Location
Address: 4440 Nelson Road, Lake Charles, LA 70605 County: Calcasieu Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Shreveport Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Lake Charles, LA (#3960) Combined Statistical Area (CSA): Lake Charles-Jennings, LA (#324) Core Based Statistical Area (CBSA): Lake Charles, LA (#29340) CBSA Metro Statistical Area: Lake Charles, LA (#29340)
Financial Summary
Total assets: $721.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
212Total employees (full-time equivalent)
$705,735Total assets
$25,232Cash and due from depository institutions
$15,138Interest-bearing balances
$230,196Securities
$81Federal funds sold & reverse repurchase agreements
$402,761Net loans & leases
$5,396Loan loss allowance
$0Trading account assets
$22,300Bank premises and fixed assets
$311Other real estate owned
$0Goodwill and other intangibles
$11,949Life insurance assets
$24,854All other assets
$705,735Total liabilities and capital
$628,415Total liabilities
$574,809Total deposits
$408,743Interest-bearing deposits
$574,809Deposits held in domestic offices
77.28%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$48,089Other borrowed funds
$0Subordinated debt
$5,517All other liabilities
$77,320Total equity capital
$77,320Total bank equity capital
$77,320Perpetual preferred stock
$0Common stock
$600Surplus
$33,800Undivided profits
Memoranda
$42,920Noncurrent loans and leases
$82,012Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$9,147Earning assets
$0Long-term assets (5+ years)
$3,406Average Assets, year-to-date
$648,176Average Assets, quarterly
$206,469Volatile liabilities
$729,286Insider loans
$705,282FHLB advances
$95,060Loans and leases held for sale
$577Unused loan commitments
$48,089Tier 1 (core) risk-based capital
$2,974Tier 2 risk-based capital
$1,105Total risk weighted assets
$82,012Total unused commitments
$0Restructured Loans and leases
$5,627Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$35,228Total interest income
$5,267Total interest expense
$29,961Net interest income
$2,398Provision for loan and lease losses
$8,206Total noninterest income
$0Fiduciary activities
$5,338Service charges on deposit accounts
$0Trading account gains & fees
$2,868Additional noninterest income
$23,770Total noninterest expense
$10,679Salaries and employee benefits
$3,618Premises and equipment expense
$9,473Additional noninterest expense
$11,999Pre-tax net operating income
-$6Securities gains (losses)
$2,730Applicable income taxes
$9,263Income before extraordinary items
$0Extraordinary gains - net
$9,263Net income attributable to bank
$0Net charge-offs
$9,263Cash dividends
$2,423Sale, conversion, retirement of capital stock, net
$2,954Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.31%Yield on earning assets
0.79%Cost of funding earning assets
4.52%Net interest margin
1.24%Noninterest income to earning assets
3.58%Noninterest expense to earning assets
1.27%Net operating income to assets
1.27%Return on assets (ROA)
1.64%Pretax return on assets
12.39%Return on equity (ROE)
8.44%Retained earnings to average equity (YTD only)
0.59%Net charge-offs to loans
98.97%Credit loss provision to net charge-offs
5.94%Efficiency ratio
62,279Assets per employee
3.33%Cash dividends to net income (YTD only)
Condition Ratios (%)
31.89%Loss allowance to loans
1.32%Loss allowance to noncurrent loans
58.99%Noncurrent assets plus other real estate owned to assets
1.34%Noncurrent loans to loans
2.24%Net loans and leases to deposits
70.07%Net loans and leases to core deposits
83.78%Equity capital to assets
10.96%Core capital (leverage) ratio
10.96%Tier 1 risk-based capital ratio
16.35%Total risk-based capital ratio
Memoranda
$18Average assets
$729,286Average earning assets
$74,756Average equity
$663,452Average loans
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