FDIC Certificate #: 3862 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Regions Bank (#12368) Federal Reserve ID: 433046 Date Established: January 01, 1909 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Interstate: No) OTS Docket #: 12226 FDIC's unique #: 2517 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: 611 West Fourth Street, Fordyce, AR 71742 County: Dallas 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
Financial Summary
Total assets: $44.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
20Total employees (full-time equivalent)
$49,577Total assets
$1,105Cash and due from depository institutions
$0Interest-bearing balances
$15,485Securities
$1,115Federal funds sold & reverse repurchase agreements
$27,185Net loans & leases
$545Loan loss allowance
$0Trading account assets
$1,723Bank premises and fixed assets
$98Other real estate owned
$1,676Goodwill and other intangibles
$0Life insurance assets
$1,190All other assets
$49,577Total liabilities and capital
$43,950Total liabilities
$43,541Total deposits
$38,902Interest-bearing deposits
$43,541Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$409All other liabilities
$5,627Total equity capital
$5,627Total bank equity capital
$5,627Perpetual preferred stock
$0Common stock
$400Surplus
$4,764Undivided profits
Memoranda
$463Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$453Earning assets
$0Long-term assets (5+ years)
$238Average Assets, year-to-date
$43,785Average Assets, quarterly
$5,038Volatile liabilities
$49,013Insider loans
$49,306FHLB advances
$11,262Loans and leases held for sale
$1,103Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,107Total unused commitments
$0Restructured Loans and leases
$32,612Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$3,373Total interest income
$1,626Total interest expense
$1,747Net interest income
$155Provision for loan and lease losses
$346Total noninterest income
$0Fiduciary activities
$209Service charges on deposit accounts
$0Trading account gains & fees
$137Additional noninterest income
$1,382Total noninterest expense
$640Salaries and employee benefits
$170Premises and equipment expense
$572Additional noninterest expense
$556Pre-tax net operating income
$2Securities gains (losses)
$185Applicable income taxes
$373Income before extraordinary items
$0Extraordinary gains - net
$373Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$20Sale, conversion, retirement of capital stock, net
$300Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.85%Yield on earning assets
3.78%Cost of funding earning assets
4.07%Net interest margin
0.81%Noninterest income to earning assets
3.22%Noninterest expense to earning assets
0.76%Net operating income to assets
0.76%Return on assets (ROA)
1.14%Pretax return on assets
6.82%Return on equity (ROE)
1.33%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
775.00%Credit loss provision to net charge-offs
35.55%Efficiency ratio
59,818Assets per employee
2.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
80.43%Loss allowance to loans
1.97%Loss allowance to noncurrent loans
120.31%Noncurrent assets plus other real estate owned to assets
1.11%Noncurrent loans to loans
1.63%Net loans and leases to deposits
62.44%Net loans and leases to core deposits
84.22%Equity capital to assets
11.35%Core capital (leverage) ratio
8.01%Tier 1 risk-based capital ratio
11.84%Total risk-based capital ratio
Memoranda
$13Average assets
$49,013Average earning assets
$5,468Average equity
$42,969Average loans
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