FDIC Certificate #: 58034 Status: Active Federal Reserve ID: 3389582 Date Established: October 31, 2005 WWW:http://www.chipolacommunitybank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 436937 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: Commercial Lending Specialization Date of Deposit Insurance: October 31, 2005 Last Structure Change Effective Date: July 05, 2011 Last Structure Change Process Date: July 19, 2011 Last Data Update: July 19, 2011 Data Source Date: April 05, 2012
Location
Address: 4701 Highway 90, Marianna, FL 32446 County: Jackson Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Pensacola Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $40.2 mil Equity capital: $1.4 mil Deposits held in domestic offices: $37.7 mil Return on assets (ROA): -2.26% (-$0.9 mil) Quarterly return on assets: -3.13% (-$1.3 mil) Return on Equity (ROE): -55.45% (-$0.6 mil) Quarterly return on equity: -81.15% (-$0.8 mil) Net income: -$1.0 mil Quarterly Net income: -$0.3 mil Pretax return on assets: -2.26% (-$909.3 mil) Quarterly Pretax return on assets: -3.13% (-$1,259.3 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
10Total employees (full-time equivalent)
$40,233Total assets
$3,205Cash and due from depository institutions
$2,349Interest-bearing balances
$7,773Securities
$917Federal funds sold & reverse repurchase agreements
$21,537Net loans & leases
$764Loan loss allowance
$0Trading account assets
$2,682Bank premises and fixed assets
$3,601Other real estate owned
$0Goodwill and other intangibles
$40,233Life insurance assets
$518All other assets
$38,820Total liabilities and capital
$37,686Total liabilities
$4,411Total deposits
$37,686Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$988Trading liabilities
$0Other borrowed funds
$146Subordinated debt
$1,413All other liabilities
$1,413Total equity capital
$1,413Total bank equity capital
$0Perpetual preferred stock
$1,216Common stock
$7,835Surplus
$-7,638Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,238Income earned, not collected on loans
$0Earning assets
$114Long-term assets (5+ years)
$32,576Average Assets, year-to-date
$6,956Average Assets, quarterly
$43,157Volatile liabilities
$41,434Insider loans
$26,419FHLB advances
$41,106Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,166Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$798Restructured Loans and leases
$3,445Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,795Total interest income
$509Total interest expense
$1,286Net interest income
$182Provision for loan and lease losses
$121Total noninterest income
$0Fiduciary activities
$94Service charges on deposit accounts
$0Trading account gains & fees
$27Additional noninterest income
$2,202Total noninterest expense
$736Salaries and employee benefits
$302Premises and equipment expense
$1,164Additional noninterest expense
-$977Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$977Income before extraordinary items
$0Extraordinary gains - net
-$977Net income attributable to bank
$0Net charge-offs
-$977Cash dividends
$566Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.97%Yield on earning assets
1.41%Cost of funding earning assets
3.56%Net interest margin
0.34%Noninterest income to earning assets
6.10%Noninterest expense to earning assets
-2.26%Net operating income to assets
-2.26%Return on assets (ROA)
-2.26%Pretax return on assets
-55.45%Return on equity (ROE)
-55.45%Retained earnings to average equity (YTD only)
2.28%Net charge-offs to loans
32.16%Credit loss provision to net charge-offs
-1.40%Efficiency ratio
156,503Assets per employee
4.02%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.43%Loss allowance to noncurrent loans
61.71%Noncurrent assets plus other real estate owned to assets
12.03%Noncurrent loans to loans
5.55%Net loans and leases to deposits
57.15%Net loans and leases to core deposits
59.59%Equity capital to assets
3.51%Core capital (leverage) ratio
2.84%Tier 1 risk-based capital ratio
4.41%Total risk-based capital ratio
Memoranda
$6Average assets
$43,157Average earning assets
$1,762Average equity
$36,094Average loans
List of branches
1 Florida Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
436937
Chipola Community Bank
4701 Highway 90, Marianna, FL 32446
October 31, 2005
Full Service Brick and Mortar
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