FDIC Certificate #: 108 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:Chambers Bank (#5615) Federal Reserve ID: 649548 Date Established: June 01, 1912 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 7 (Interstate: No) OTS Docket #: 9925 FDIC's unique #: 87 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 01, 1934 Last Structure Change Effective Date: November 24, 2008 Last Structure Change Process Date: December 08, 2008 Last Data Update: December 08, 2008 Data Source Date: April 05, 2012
Location
Address: 1685 East Joyce Boulevard, Fayetteville, AR 72703 County: Washington Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Little Rock Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Fayetteville-Springdale-Rogers, AR (#2580) Core Based Statistical Area (CBSA): Fayetteville-Springdale-Rogers, AR-MO (#22220) CBSA Metro Statistical Area: Fayetteville-Springdale-Rogers, AR-MO (#22220)
Financial Summary
Total assets: $287.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
73Total employees (full-time equivalent)
$290,394Total assets
$4,839Cash and due from depository institutions
$127Interest-bearing balances
$5,895Securities
$380Federal funds sold & reverse repurchase agreements
$260,230Net loans & leases
$3,337Loan loss allowance
$0Trading account assets
$5,662Bank premises and fixed assets
$600Other real estate owned
$4,660Goodwill and other intangibles
$0Life insurance assets
$8,128All other assets
$290,394Total liabilities and capital
$250,716Total liabilities
$224,332Total deposits
$210,767Interest-bearing deposits
$224,332Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$25,000Other borrowed funds
$0Subordinated debt
$1,384All other liabilities
$39,678Total equity capital
$39,678Total bank equity capital
$39,678Perpetual preferred stock
$0Common stock
$1Surplus
$16,520Undivided profits
Memoranda
$23,157Noncurrent loans and leases
$25,917Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,788Earning assets
$0Long-term assets (5+ years)
$4,502Average Assets, year-to-date
$266,632Average Assets, quarterly
$3,344Volatile liabilities
$314,579Insider loans
$299,873FHLB advances
$93,879Loans and leases held for sale
$75Unused loan commitments
$25,000Tier 1 (core) risk-based capital
$3,774Tier 2 risk-based capital
$501Total risk weighted assets
$25,917Total unused commitments
$0Restructured Loans and leases
$3,337Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$25,615Total interest income
$12,295Total interest expense
$13,320Net interest income
$1,775Provision for loan and lease losses
$859Total noninterest income
$0Fiduciary activities
$544Service charges on deposit accounts
$0Trading account gains & fees
$315Additional noninterest income
$7,857Total noninterest expense
$4,307Salaries and employee benefits
$1,419Premises and equipment expense
$2,131Additional noninterest expense
$4,547Pre-tax net operating income
$0Securities gains (losses)
$1,731Applicable income taxes
$2,816Income before extraordinary items
$0Extraordinary gains - net
$2,816Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,191Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.85%Yield on earning assets
4.25%Cost of funding earning assets
4.60%Net interest margin
0.30%Noninterest income to earning assets
2.71%Noninterest expense to earning assets
0.90%Net operating income to assets
0.90%Return on assets (ROA)
1.45%Pretax return on assets
7.30%Return on equity (ROE)
7.30%Retained earnings to average equity (YTD only)
0.42%Net charge-offs to loans
149.03%Credit loss provision to net charge-offs
5.31%Efficiency ratio
55,413Assets per employee
3.98%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.27%Loss allowance to noncurrent loans
88.09%Noncurrent assets plus other real estate owned to assets
1.51%Noncurrent loans to loans
1.44%Net loans and leases to deposits
116.00%Net loans and leases to core deposits
199.48%Equity capital to assets
13.66%Core capital (leverage) ratio
11.99%Tier 1 risk-based capital ratio
12.79%Total risk-based capital ratio
Memoranda
$14Average assets
$314,579Average earning assets
$38,574Average equity
$289,551Average loans
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