Community Bank, Indianola, National Association - Overview
General
FDIC Certificate #: 1089 Status: Inactive Closing history: Change in Primary Regulatory Agency Acquiring institution:Community Bank, National Association (#34688) Federal Reserve ID: 901844 Date Established: January 01, 1932 WWW:http://www.communitybank.net Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) OTS Docket #: 10801 FDIC's unique #: 734 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: January 24, 2005 Last Structure Change Process Date: Febuary 14, 2005 Last Data Update: Febuary 14, 2005 Data Source Date: April 05, 2012
Location
Address: 147 Highway 82, Indianola, MS 38751 County: Sunflower Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Jackson Ms Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Indianola, MS (#26940) CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Name Change
Change in Primary Regulatory Agency
Financial Summary
Total assets: $92.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2004)
Dollar figures in thousands
27Total employees (full-time equivalent)
$92,281Total assets
$4,223Cash and due from depository institutions
$77Interest-bearing balances
$14,315Securities
$0Federal funds sold & reverse repurchase agreements
$69,110Net loans & leases
$781Loan loss allowance
$0Trading account assets
$2,562Bank premises and fixed assets
$21Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,050All other assets
$92,281Total liabilities and capital
$84,087Total liabilities
$82,944Total deposits
$70,350Interest-bearing deposits
$82,944Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$904Other borrowed funds
$0Subordinated debt
$239All other liabilities
$8,194Total equity capital
$8,194Total bank equity capital
$8,194Perpetual preferred stock
$0Common stock
$588Surplus
$5,732Undivided profits
Memoranda
$1,874Noncurrent loans and leases
$7,127Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$146Earning assets
$0Long-term assets (5+ years)
$893Average Assets, year-to-date
$83,502Average Assets, quarterly
$3,543Volatile liabilities
$92,517Insider loans
$92,629FHLB advances
$17,749Loans and leases held for sale
$5,931Unused loan commitments
$904Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,127Total unused commitments
$0Restructured Loans and leases
$781Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$4,602Total interest income
$953Total interest expense
$3,649Net interest income
$37Provision for loan and lease losses
$536Total noninterest income
$0Fiduciary activities
$426Service charges on deposit accounts
$0Trading account gains & fees
$110Additional noninterest income
$2,578Total noninterest expense
$1,310Salaries and employee benefits
$280Premises and equipment expense
$988Additional noninterest expense
$1,570Pre-tax net operating income
$0Securities gains (losses)
$564Applicable income taxes
$1,006Income before extraordinary items
$0Extraordinary gains - net
$1,006Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$67Sale, conversion, retirement of capital stock, net
$925Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.57%Yield on earning assets
1.15%Cost of funding earning assets
4.42%Net interest margin
0.65%Noninterest income to earning assets
3.12%Noninterest expense to earning assets
1.09%Net operating income to assets
1.09%Return on assets (ROA)
1.70%Pretax return on assets
12.65%Return on equity (ROE)
1.02%Retained earnings to average equity (YTD only)
0.10%Net charge-offs to loans
55.22%Credit loss provision to net charge-offs
23.99%Efficiency ratio
61,601Assets per employee
3.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
91.95%Loss allowance to loans
1.12%Loss allowance to noncurrent loans
534.93%Noncurrent assets plus other real estate owned to assets
0.18%Noncurrent loans to loans
0.21%Net loans and leases to deposits
83.32%Net loans and leases to core deposits
105.98%Equity capital to assets
8.88%Core capital (leverage) ratio
8.95%Tier 1 risk-based capital ratio
11.48%Total risk-based capital ratio
Memoranda
$13Average assets
$92,517Average earning assets
$7,956Average equity
$82,627Average loans
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