FDIC Certificate #: 3852 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Regions Bank (#12368) Federal Reserve ID: 912644 Date Established: September 01, 1888 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 4 (Interstate: No) OTS Docket #: 12502 FDIC's unique #: 2507 Numeric code: 13 Regulator: FED 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: January 01, 1934 Last Structure Change Effective Date: October 22, 1998 Last Structure Change Process Date: November 10, 1998 Last Data Update: November 10, 1998 Data Source Date: April 05, 2012
Location
Address: 5th And Main Streets, Arkadelphia, AR 71923 County: Clark Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Atlanta FDIC Field Office: Little Rock Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Core Based Statistical Area (CBSA): Arkadelphia, AR (#11660) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $51.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
24Total employees (full-time equivalent)
$50,474Total assets
$2,264Cash and due from depository institutions
$0Interest-bearing balances
$16,550Securities
$500Federal funds sold & reverse repurchase agreements
$26,574Net loans & leases
$1,391Loan loss allowance
$0Trading account assets
$1,120Bank premises and fixed assets
$17Other real estate owned
$2,249Goodwill and other intangibles
$0Life insurance assets
$1,200All other assets
$50,474Total liabilities and capital
$43,822Total liabilities
$43,600Total deposits
$34,104Interest-bearing deposits
$43,600Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$222All other liabilities
$6,652Total equity capital
$6,652Total bank equity capital
$6,652Perpetual preferred stock
$0Common stock
$300Surplus
$5,616Undivided profits
Memoranda
$736Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$182Earning assets
$0Long-term assets (5+ years)
$245Average Assets, year-to-date
$43,624Average Assets, quarterly
$7,703Volatile liabilities
$50,548Insider loans
$50,857FHLB advances
$3,780Loans and leases held for sale
$1,368Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,368Total unused commitments
$0Restructured Loans and leases
$28,600Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$3,637Total interest income
$1,431Total interest expense
$2,206Net interest income
$1,040Provision for loan and lease losses
$404Total noninterest income
$0Fiduciary activities
$75Service charges on deposit accounts
$0Trading account gains & fees
$329Additional noninterest income
$1,747Total noninterest expense
$781Salaries and employee benefits
$184Premises and equipment expense
$782Additional noninterest expense
-$177Pre-tax net operating income
$0Securities gains (losses)
-$66Applicable income taxes
-$111Income before extraordinary items
$572Extraordinary gains - net
$461Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$100Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.10%Yield on earning assets
3.19%Cost of funding earning assets
4.91%Net interest margin
0.90%Noninterest income to earning assets
3.89%Noninterest expense to earning assets
-0.22%Net operating income to assets
0.91%Return on assets (ROA)
0.78%Pretax return on assets
7.20%Return on equity (ROE)
7.20%Retained earnings to average equity (YTD only)
0.36%Net charge-offs to loans
1040.00%Credit loss provision to net charge-offs
8.63%Efficiency ratio
60,268Assets per employee
2.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.97%Loss allowance to noncurrent loans
764.29%Noncurrent assets plus other real estate owned to assets
0.37%Noncurrent loans to loans
0.65%Net loans and leases to deposits
60.95%Net loans and leases to core deposits
66.74%Equity capital to assets
13.18%Core capital (leverage) ratio
9.00%Tier 1 risk-based capital ratio
15.29%Total risk-based capital ratio
Memoranda
$17Average assets
$50,548Average earning assets
$6,400Average equity
$44,920Average loans
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