FDIC Certificate #: 14805 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Century Bank, National Association (#3361) Federal Reserve ID: 2928742 Date Established: August 01, 1900 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 14691 FDIC's unique #: 9262 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: October 11, 1934 Last Structure Change Effective Date: Febuary 19, 2002 Last Structure Change Process Date: March 01, 2002 Last Data Update: March 01, 2002 Data Source Date: April 05, 2012
Location
Address: 3601 East 9th Street, Texarkana, AR 71854 County: Miller 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): Texarkana, TX-Texarkana, AR (#8360) Core Based Statistical Area (CBSA): Texarkana, TX-Texarkana, AR (#45500) CBSA Metro Statistical Area: Texarkana, TX-Texarkana, AR (#45500)
Financial Summary
Total assets: $23.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
6Total employees (full-time equivalent)
$23,872Total assets
$559Cash and due from depository institutions
$0Interest-bearing balances
$0Securities
$2,000Federal funds sold & reverse repurchase agreements
$20,421Net loans & leases
$320Loan loss allowance
$0Trading account assets
$275Bank premises and fixed assets
$0Other real estate owned
$143Goodwill and other intangibles
$0Life insurance assets
$474All other assets
$23,872Total liabilities and capital
$20,768Total liabilities
$20,618Total deposits
$18,365Interest-bearing deposits
$20,618Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$150All other liabilities
$3,104Total equity capital
$3,104Total bank equity capital
$3,104Perpetual preferred stock
$0Common stock
$383Surplus
$3,117Undivided profits
Memoranda
$-396Noncurrent loans and leases
$4,247Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3Earning assets
$0Long-term assets (5+ years)
$260Average Assets, year-to-date
$22,421Average Assets, quarterly
$147Volatile liabilities
$18,371Insider loans
$22,913FHLB advances
$4,258Loans and leases held for sale
$535Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,247Total unused commitments
$0Restructured Loans and leases
$271Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$1,327Total interest income
$715Total interest expense
$612Net interest income
$240Provision for loan and lease losses
$89Total noninterest income
$0Fiduciary activities
$75Service charges on deposit accounts
$0Trading account gains & fees
$14Additional noninterest income
$812Total noninterest expense
$249Salaries and employee benefits
$182Premises and equipment expense
$381Additional noninterest expense
-$351Pre-tax net operating income
$0Securities gains (losses)
-$119Applicable income taxes
-$232Income before extraordinary items
$0Extraordinary gains - net
-$232Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.68%Yield on earning assets
4.14%Cost of funding earning assets
3.54%Net interest margin
0.51%Noninterest income to earning assets
4.70%Noninterest expense to earning assets
-1.26%Net operating income to assets
-1.26%Return on assets (ROA)
-1.91%Pretax return on assets
-7.23%Return on equity (ROE)
-7.23%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
115,264Assets per employee
3.98%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.54%Loss allowance to noncurrent loans
10666.67%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.01%Net loans and leases to deposits
99.04%Net loans and leases to core deposits
124.82%Equity capital to assets
13.00%Core capital (leverage) ratio
13.04%Tier 1 risk-based capital ratio
13.71%Total risk-based capital ratio
Memoranda
$15Average assets
$18,371Average earning assets
$3,209Average equity
$17,285Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Century Bank - Arkansas.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: