FDIC Certificate #: 16520 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Regions Bank (#12368) Federal Reserve ID: 693149 Date Established: October 01, 1946 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 5 (Interstate: No) FDIC's unique #: 10674 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 02, 1947 Last Structure Change Effective Date: October 09, 1998 Last Structure Change Process Date: November 05, 1998 Last Data Update: November 05, 1998 Data Source Date: April 05, 2012
Location
Address: 202 South Court Street, Clinton, AR 72031 County: Van Buren 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: $70.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
29Total employees (full-time equivalent)
$70,795Total assets
$4,112Cash and due from depository institutions
$0Interest-bearing balances
$27,960Securities
$0Federal funds sold & reverse repurchase agreements
$37,189Net loans & leases
$717Loan loss allowance
$0Trading account assets
$606Bank premises and fixed assets
$122Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$806All other assets
$70,795Total liabilities and capital
$65,542Total liabilities
$64,999Total deposits
$56,530Interest-bearing deposits
$64,999Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$182Other borrowed funds
$0Subordinated debt
$361All other liabilities
$5,253Total equity capital
$5,253Total bank equity capital
$5,253Perpetual preferred stock
$0Common stock
$400Surplus
$2,100Undivided profits
Memoranda
$2,753Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$110Earning assets
$0Long-term assets (5+ years)
$329Average Assets, year-to-date
$65,149Average Assets, quarterly
$1,445Volatile liabilities
$68,805Insider loans
$70,999FHLB advances
$6,792Loans and leases held for sale
$460Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,116Total unused commitments
$0Restructured Loans and leases
$37,991Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$5,061Total interest income
$1,988Total interest expense
$3,073Net interest income
$63Provision for loan and lease losses
$384Total noninterest income
$0Fiduciary activities
$255Service charges on deposit accounts
$0Trading account gains & fees
$129Additional noninterest income
$1,769Total noninterest expense
$929Salaries and employee benefits
$165Premises and equipment expense
$675Additional noninterest expense
$1,625Pre-tax net operating income
-$31Securities gains (losses)
$552Applicable income taxes
$1,042Income before extraordinary items
$0Extraordinary gains - net
$1,042Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$72Sale, conversion, retirement of capital stock, net
$950Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.91%Yield on earning assets
3.11%Cost of funding earning assets
4.80%Net interest margin
0.60%Noninterest income to earning assets
2.77%Noninterest expense to earning assets
1.54%Net operating income to assets
1.51%Return on assets (ROA)
2.32%Pretax return on assets
20.88%Return on equity (ROE)
1.84%Retained earnings to average equity (YTD only)
0.19%Net charge-offs to loans
87.50%Credit loss provision to net charge-offs
23.44%Efficiency ratio
51,172Assets per employee
2.44%Cash dividends to net income (YTD only)
Condition Ratios (%)
91.17%Loss allowance to loans
1.89%Loss allowance to noncurrent loans
651.82%Noncurrent assets plus other real estate owned to assets
0.33%Noncurrent loans to loans
0.29%Net loans and leases to deposits
57.21%Net loans and leases to core deposits
63.69%Equity capital to assets
7.42%Core capital (leverage) ratio
7.31%Tier 1 risk-based capital ratio
13.82%Total risk-based capital ratio
Memoranda
$15Average assets
$68,805Average earning assets
$4,990Average equity
$63,976Average loans
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