Citizens First Bank in El Dorado, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 13, 1998

Citizens First Bank in El Dorado, Arkansas (AR)
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Citizens First Bank - Overview

General
FDIC Certificate #: 95
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Regions Bank (#12368)
Federal Reserve ID: 525147
Date Established: January 01, 1933
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 6 (Interstate: No)
OTS Docket #: 12148
FDIC's unique #: 75
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: August 13, 1998
Last Structure Change Process Date: September 10, 1998
Last Data Update: September 10, 1998
Data Source Date: April 05, 2012
Location
Address: 100 East Peach Street, El Dorado, AR 71731
County: Union
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Shreveport
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Core Based Statistical Area (CBSA): El Dorado, AR (#20980)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $116.6 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
51Total employees (full-time equivalent)
$125,779Total assets
$3,397Cash and due from depository institutions
$80Interest-bearing balances
$40,829Securities
$0Federal funds sold & reverse repurchase agreements
$68,606Net loans & leases
$1,302Loan loss allowance
$0Trading account assets
$5,858Bank premises and fixed assets
$83Other real estate owned
$5,958Goodwill and other intangibles
$0Life insurance assets
$1,048All other assets
$125,779Total liabilities and capital
$109,427Total liabilities
$106,017Total deposits
$91,839Interest-bearing deposits
$106,017Deposits held in domestic offices
0.00%% insured (estimated)
$2,000Federal funds purchased & repurchase agreements
$0Trading liabilities
$602Other borrowed funds
$0Subordinated debt
$808All other liabilities
$16,352Total equity capital
$16,352Total bank equity capital
$16,352Perpetual preferred stock
$0Common stock
$1,000Surplus
$14,773Undivided profits
Memoranda
$579Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$332Earning assets
$53Long-term assets (5+ years)
$465Average Assets, year-to-date
$109,515Average Assets, quarterly
$27,369Volatile liabilities
$123,112Insider loans
$124,497FHLB advances
$24,007Loans and leases held for sale
$2,773Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$93Total risk weighted assets
$3,287Total unused commitments
$0Restructured Loans and leases
$76,275Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$8,287Total interest income
$3,717Total interest expense
$4,570Net interest income
$135Provision for loan and lease losses
$754Total noninterest income
$31Fiduciary activities
$526Service charges on deposit accounts
$0Trading account gains & fees
$197Additional noninterest income
$3,660Total noninterest expense
$1,569Salaries and employee benefits
$563Premises and equipment expense
$1,528Additional noninterest expense
$1,529Pre-tax net operating income
-$15Securities gains (losses)
$594Applicable income taxes
$920Income before extraordinary items
$0Extraordinary gains - net
$920Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$190Sale, conversion, retirement of capital stock, net
$700Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.83%Yield on earning assets
3.51%Cost of funding earning assets
4.32%Net interest margin
0.71%Noninterest income to earning assets
3.46%Noninterest expense to earning assets
0.76%Net operating income to assets
0.75%Return on assets (ROA)
1.23%Pretax return on assets
5.76%Return on equity (ROE)
1.38%Retained earnings to average equity (YTD only)
0.29%Net charge-offs to loans
71.05%Credit loss provision to net charge-offs
8.76%Efficiency ratio
60,086Assets per employee
2.47%Cash dividends to net income (YTD only)
Condition Ratios (%)
76.09%Loss allowance to loans
1.86%Loss allowance to noncurrent loans
392.17%Noncurrent assets plus other real estate owned to assets
0.33%Noncurrent loans to loans
0.47%Net loans and leases to deposits
64.71%Net loans and leases to core deposits
81.08%Equity capital to assets
13.00%Core capital (leverage) ratio
8.60%Tier 1 risk-based capital ratio
13.52%Total risk-based capital ratio
Memoranda
$15Average assets
$123,112Average earning assets
$15,969Average equity
$105,782Average loans

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