FDIC Certificate #: 15587 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:National Bank of Commerce (#4978) Federal Reserve ID: 18144 Date Established: March 23, 1938 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Interstate: No) OTS Docket #: 11788 FDIC's unique #: 9874 Numeric code: 13 Regulator: FED Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes Oakar Institutions: Yes State Chartered: Yes Date of Deposit Insurance: March 23, 1938 Last Structure Change Effective Date: June 19, 1998 Last Structure Change Process Date: July 09, 1998 Last Data Update: July 09, 1998 Data Source Date: April 05, 2012
Location
Address: 115 Block Street, Marion, AR 72364 County: Crittenden Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Memphis Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Memphis, TN-AR-MS (#4920) Core Based Statistical Area (CBSA): Memphis, TN-MS-AR (#32820) CBSA Metro Statistical Area: Memphis, TN-MS-AR (#32820)
Financial Summary
Total assets: $58.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
32Total employees (full-time equivalent)
$66,440Total assets
$10,565Cash and due from depository institutions
$6,028Interest-bearing balances
$17,625Securities
$3,200Federal funds sold & reverse repurchase agreements
$32,182Net loans & leases
$478Loan loss allowance
$0Trading account assets
$1,604Bank premises and fixed assets
$0Other real estate owned
$78Goodwill and other intangibles
$0Life insurance assets
$1,186All other assets
$66,440Total liabilities and capital
$62,070Total liabilities
$61,857Total deposits
$48,993Interest-bearing deposits
$61,857Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$213All other liabilities
$4,370Total equity capital
$4,370Total bank equity capital
$4,370Perpetual preferred stock
$0Common stock
$150Surplus
$1,200Undivided profits
Memoranda
$3,020Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$30Earning assets
$0Long-term assets (5+ years)
$299Average Assets, year-to-date
$59,035Average Assets, quarterly
$7,956Volatile liabilities
$57,709Insider loans
$61,588FHLB advances
$10,189Loans and leases held for sale
$3,948Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,950Total unused commitments
$0Restructured Loans and leases
$39,625Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$4,319Total interest income
$1,732Total interest expense
$2,587Net interest income
$216Provision for loan and lease losses
$606Total noninterest income
$0Fiduciary activities
$524Service charges on deposit accounts
$0Trading account gains & fees
$82Additional noninterest income
$2,125Total noninterest expense
$1,099Salaries and employee benefits
$286Premises and equipment expense
$740Additional noninterest expense
$852Pre-tax net operating income
$38Securities gains (losses)
$310Applicable income taxes
$580Income before extraordinary items
$0Extraordinary gains - net
$580Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$26Sale, conversion, retirement of capital stock, net
$375Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.32%Yield on earning assets
3.34%Cost of funding earning assets
4.98%Net interest margin
1.17%Noninterest income to earning assets
4.09%Noninterest expense to earning assets
0.96%Net operating income to assets
1.01%Return on assets (ROA)
1.54%Pretax return on assets
13.72%Return on equity (ROE)
4.85%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
830.77%Credit loss provision to net charge-offs
41.08%Efficiency ratio
66,239Assets per employee
2.08%Cash dividends to net income (YTD only)
Condition Ratios (%)
64.66%Loss allowance to loans
1.46%Loss allowance to noncurrent loans
1593.33%Noncurrent assets plus other real estate owned to assets
0.05%Noncurrent loans to loans
0.09%Net loans and leases to deposits
52.03%Net loans and leases to core deposits
62.29%Equity capital to assets
6.58%Core capital (leverage) ratio
6.91%Tier 1 risk-based capital ratio
10.83%Total risk-based capital ratio
Memoranda
$12Average assets
$57,709Average earning assets
$4,226Average equity
$51,932Average loans
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