FDIC Certificate #: 19657 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:First NBC Bank (#58302) Federal Reserve ID: 185037 Date Established: January 03, 1967 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 18 (Interstate: No) OTS Docket #: 14434 FDIC's unique #: 13456 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 03, 1967 Last Structure Change Effective Date: November 18, 2011 Last Structure Change Process Date: November 21, 2011 Last Data Update: November 21, 2011 Data Source Date: April 05, 2012
Location
Address: 29092 Krentel Road, Lacombe, LA 70445 County: St. Tammany 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: $383.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
168Total employees (full-time equivalent)
$421,849Total assets
$48,341Cash and due from depository institutions
$43,773Interest-bearing balances
$9,426Securities
$1,475Federal funds sold & reverse repurchase agreements
$239,953Net loans & leases
$9,293Loan loss allowance
$0Trading account assets
$16,389Bank premises and fixed assets
$81,061Other real estate owned
$0Goodwill and other intangibles
$12,690Life insurance assets
$25,204All other assets
$421,849Total liabilities and capital
$388,108Total liabilities
$361,917Total deposits
$301,720Interest-bearing deposits
$361,917Deposits held in domestic offices
93.84%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$22,718Other borrowed funds
$0Subordinated debt
$3,473All other liabilities
$33,741Total equity capital
$33,741Total bank equity capital
$33,741Perpetual preferred stock
$0Common stock
$1,895Surplus
$37,105Undivided profits
Memoranda
$-5,259Noncurrent loans and leases
$29,824Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$34,781Earning assets
$0Long-term assets (5+ years)
$1,091Average Assets, year-to-date
$294,627Average Assets, quarterly
$15,626Volatile liabilities
$415,993Insider loans
$419,311FHLB advances
$90,909Loans and leases held for sale
$4,919Unused loan commitments
$22,494Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,917Total risk weighted assets
$29,824Total unused commitments
$18,339Restructured Loans and leases
$4,213Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$17,208Total interest income
$6,429Total interest expense
$10,779Net interest income
$413Provision for loan and lease losses
$5,303Total noninterest income
$0Fiduciary activities
$2,385Service charges on deposit accounts
$0Trading account gains & fees
$2,918Additional noninterest income
$20,810Total noninterest expense
$7,321Salaries and employee benefits
$3,440Premises and equipment expense
$10,049Additional noninterest expense
-$5,141Pre-tax net operating income
$0Securities gains (losses)
-$1,807Applicable income taxes
-$3,334Income before extraordinary items
$0Extraordinary gains - net
-$3,334Net income attributable to bank
$0Net charge-offs
-$3,334Cash dividends
$3,302Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.78%Yield on earning assets
2.16%Cost of funding earning assets
3.62%Net interest margin
1.78%Noninterest income to earning assets
6.99%Noninterest expense to earning assets
-0.80%Net operating income to assets
-0.80%Return on assets (ROA)
-1.24%Pretax return on assets
-9.35%Return on equity (ROE)
-9.35%Retained earnings to average equity (YTD only)
1.27%Net charge-offs to loans
12.51%Credit loss provision to net charge-offs
-1.43%Efficiency ratio
129,399Assets per employee
2.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.73%Loss allowance to noncurrent loans
26.72%Noncurrent assets plus other real estate owned to assets
27.46%Noncurrent loans to loans
13.95%Net loans and leases to deposits
66.30%Net loans and leases to core deposits
88.47%Equity capital to assets
8.00%Core capital (leverage) ratio
6.29%Tier 1 risk-based capital ratio
7.80%Total risk-based capital ratio
Memoranda
$9Average assets
$415,993Average earning assets
$35,654Average equity
$297,797Average loans
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