Century Bank in city_name, state_name - Detailed Financial Reports, Location

Century Bank in Lucedale, Mississippi (MS), AL
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Century Bank routing number info

Century Bank - Overview

General
FDIC Certificate #: 11448
Status: Active
Federal Reserve ID: 58636
Bank Holding Company (Regulatory Top Holder): Bancorp Of Lucedale, Inc. (RSSDID: 2468275, Location: Lucedale, MS)
Date Established: June 01, 1903
WWW: http://www.centurybank.net
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 10 (Domestic: 10, Interstate: Yes)
OTS Docket #: 11294
FDIC's unique #: 7311
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 4282 Main Street, Lucedale, MS 39452
County: George
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Jackson Ms
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Combined Statistical Area (CSA): Gulfport-Biloxi-Pascagoula, MS (#274)
Core Based Statistical Area (CBSA): Pascagoula, MS (#37700)
CBSA Metro Statistical Area: Pascagoula, MS (#37700)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $241.0 mil
Equity capital: $24.2 mil
Deposits held in domestic offices: $196.1 mil
Return on assets (ROA): 0.75% ($1.8 mil)
Quarterly return on assets: 1.12% ($2.7 mil)
Return on Equity (ROE): 7.98% ($1.9 mil)
Quarterly return on equity: 11.48% ($2.8 mil)
Net income: $1.8 mil
Quarterly Net income: $0.7 mil
Pretax return on assets: 0.83% ($2,000.5 mil)
Quarterly Pretax return on assets: 0.86% ($2,072.8 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, 2011)

Dollar figures in thousands
105Total employees (full-time equivalent)
$241,025Total assets
$18,230Cash and due from depository institutions
$9,506Interest-bearing balances
$68,987Securities
$175Federal funds sold & reverse repurchase agreements
$130,151Net loans & leases
$1,875Loan loss allowance
$0Trading account assets
$8,958Bank premises and fixed assets
$1,715Other real estate owned
$85Goodwill and other intangibles
$241,025Life insurance assets
$12,724All other assets
$216,821Total liabilities and capital
$196,085Total liabilities
$138,757Total deposits
$196,085Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$16,970Trading liabilities
$0Other borrowed funds
$3,766Subordinated debt
$24,204All other liabilities
$24,204Total equity capital
$24,204Total bank equity capital
$0Perpetual preferred stock
$516Common stock
$7,168Surplus
$16,520Undivided profits
Memoranda
$0Noncurrent loans and leases
$908Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,183Income earned, not collected on loans
$0Earning assets
$1,748Long-term assets (5+ years)
$208,819Average Assets, year-to-date
$48,135Average Assets, quarterly
$244,962Volatile liabilities
$242,533Insider loans
$173,756FHLB advances
$241,039Loans and leases held for sale
$7,662Unused loan commitments
$2,080Tier 1 (core) risk-based capital
$24,626Tier 2 risk-based capital
$0Total risk weighted assets
$5,582Total unused commitments
$10,740Restructured Loans and leases
$1,372Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$11,192Total interest income
$1,577Total interest expense
$9,615Net interest income
$686Provision for loan and lease losses
$3,199Total noninterest income
$0Fiduciary activities
$2,109Service charges on deposit accounts
$0Trading account gains & fees
$1,090Additional noninterest income
$9,800Total noninterest expense
$4,488Salaries and employee benefits
$1,245Premises and equipment expense
$4,067Additional noninterest expense
$2,328Pre-tax net operating income
-$296Securities gains (losses)
$199Applicable income taxes
$1,833Income before extraordinary items
$0Extraordinary gains - net
$1,833Net income attributable to bank
$0Net charge-offs
$1,833Cash dividends
$804Sale, conversion, retirement of capital stock, net
$257Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.22%Yield on earning assets
0.74%Cost of funding earning assets
4.48%Net interest margin
1.49%Noninterest income to earning assets
4.57%Noninterest expense to earning assets
0.86%Net operating income to assets
0.75%Return on assets (ROA)
0.83%Pretax return on assets
7.98%Return on equity (ROE)
6.86%Retained earnings to average equity (YTD only)
0.60%Net charge-offs to loans
85.32%Credit loss provision to net charge-offs
3.75%Efficiency ratio
76,479Assets per employee
2.30%Cash dividends to net income (YTD only)
Condition Ratios (%)
14.02%Loss allowance to loans
1.42%Loss allowance to noncurrent loans
85.89%Noncurrent assets plus other real estate owned to assets
1.73%Noncurrent loans to loans
1.65%Net loans and leases to deposits
66.37%Net loans and leases to core deposits
69.84%Equity capital to assets
10.04%Core capital (leverage) ratio
10.22%Tier 1 risk-based capital ratio
14.17%Total risk-based capital ratio
Memoranda
$15Average assets
$244,962Average earning assets
$22,963Average equity
$214,439Average loans

List of branches

4 Alabama Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
7	32883	Mobile County Bank Branch	Union Church Road And Highway 90, Grand Bay, AL 36541	August 31, 1985	Full Service Brick and Mortar
8	272260	5127 Moffat Road Branch	5127 Moffat Road, Mobile, AL 36618	July 01, 1934	Full Service Brick and Mortar
9	259133	Tillman's Corner	5370 Hwy 90 West, Mobile, AL 36628	April 06, 1999	Full Service Brick and Mortar
11	442261	West Moffett Commercial Park Shoppin	7875 Moffett Road, Semmes, AL 36575	July 21, 2005	Full Service Brick and Mortar

6 Mississippi Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	7311	Century Bank	4282 Main Street, Lucedale, MS 39452	June 01, 1903	Full Service Brick and Mortar
2	224648	East Central Branch	Highways 613 And 614, Hurley, MS 39555	January 06, 1975	Full Service Brick and Mortar
4	224650	Escatawpa Branch	New Sarracenia Road And Highway 63, Escatawpa, MS 39552	June 23, 1983	Full Service Brick and Mortar
5	224651	Market Place Branch	1002 Highway 63 South, Lucedale, MS 39452	May 01, 1989	Full Service Brick and Mortar
6	357581	Vancleave Branch	11621 Highway 57, Vancleave, MS 39565	November 05, 1999	Full Service Brick and Mortar
10	422400	Walmart Branch	11228 Hwy. 63 South, Lucedale, MS 39452	July 17, 2002	Full Service Brick and Mortar

Century Bank in Lucedale, Mississippi (MS), AL
Overview, Financial Summary, Detailed Financial Reports, Branches

Century Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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Century Bank in Lucedale, Mississippi (MS), ALOverview, Financial Summary, Detailed Financial Reports, Branches

Century Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Century Bank in Lucedale, Mississippi (MS), AL
Overview, Financial Summary, Detailed Financial Reports, Branches