Cottonport Bank in Cottonport, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Cottonport Bank - Overview

  • General
  • FDIC Certificate #: 8798
    Status: Active
    Federal Reserve ID: 473930
    Bank Holding Company (Regulatory Top Holder): Mansura Bancshares, Inc. (RSSDID: 1081097, Location: Mansura, LA)
    Date Established: July 02, 1902
    WWW: http://www.cottonportbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 12 (Domestic: 12, Interstate: No)
    OTS Docket #: 15460
    FDIC's unique #: 5602
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 153 Cottonport Avenue, Cottonport, LA 71327
    County: Avoyelles
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $336.7 mil
    Equity capital: $32.7 mil
    Deposits held in domestic offices: $298.0 mil
    Return on assets (ROA): 0.87% ($2.9 mil)
    Quarterly return on assets: 0.75% ($2.5 mil)
    Return on Equity (ROE): 9.15% ($3.0 mil)
    Quarterly return on equity: 7.81% ($2.6 mil)
    Net income: $2.8 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.14% ($3,838.4 mil)
    Quarterly Pretax return on assets: 0.95% ($3,198.7 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, 2011)

  • Dollar figures in thousands
  • 138Total employees (full-time equivalent)
  • $336,701Total assets
  • $21,257Cash and due from depository institutions
  • $6,938Interest-bearing balances
  • $119,693Securities
  • $10,000Federal funds sold & reverse repurchase agreements
  • $172,938Net loans & leases
  • $1,665Loan loss allowance
  • $0Trading account assets
  • $8,557Bank premises and fixed assets
  • $847Other real estate owned
  • $865Goodwill and other intangibles
  • $336,701Life insurance assets
  • $2,544All other assets
  • $303,976Total liabilities and capital
  • $298,032Total liabilities
  • $212,927Total deposits
  • $298,032Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 5071.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $873Subordinated debt
  • $32,725All other liabilities
  • $32,725Total equity capital
  • $32,725Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $5,800Surplus
  • $26,725Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $448Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,220Income earned, not collected on loans
  • $0Earning assets
  • $1,594Long-term assets (5+ years)
  • $309,569Average Assets, year-to-date
  • $76,741Average Assets, quarterly
  • $324,709Volatile liabilities
  • $338,627Insider loans
  • $179,357FHLB advances
  • $338,969Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $30,136Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $34,390Restructured Loans and leases
  • $1,864Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,545Total interest income
  • $2,591Total interest expense
  • $11,954Net interest income
  • $406Provision for loan and lease losses
  • $3,502Total noninterest income
  • $0Fiduciary activities
  • $1,050Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,452Additional noninterest income
  • $11,382Total noninterest expense
  • $6,582Salaries and employee benefits
  • $2,035Premises and equipment expense
  • $2,765Additional noninterest expense
  • $3,668Pre-tax net operating income
  • $18Securities gains (losses)
  • $873Applicable income taxes
  • $2,813Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,813Net income attributable to bank
  • $0Net charge-offs
  • $2,813Cash dividends
  • $519Sale, conversion, retirement of capital stock, net
  • $540Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.89%Yield on earning assets
  • 0.87%Cost of funding earning assets
  • 4.02%Net interest margin
  • 1.18%Noninterest income to earning assets
  • 3.83%Noninterest expense to earning assets
  • 0.86%Net operating income to assets
  • 0.87%Return on assets (ROA)
  • 1.14%Pretax return on assets
  • 9.15%Return on equity (ROE)
  • 7.40%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 78.23%Credit loss provision to net charge-offs
  • 7.85%Efficiency ratio
  • 73,137Assets per employee
  • 2.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 19.20%Loss allowance to loans
  • 0.95%Loss allowance to noncurrent loans
  • 39.45%Noncurrent assets plus other real estate owned to assets
  • 1.50%Noncurrent loans to loans
  • 2.42%Net loans and leases to deposits
  • 58.03%Net loans and leases to core deposits
  • 60.29%Equity capital to assets
  • 9.72%Core capital (leverage) ratio
  • 8.89%Tier 1 risk-based capital ratio
  • 16.80%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $324,709Average earning assets
  • $30,730Average equity
  • $297,534Average loans

List of branches

  • 12 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05602Cottonport Bank153 Cottonport Avenue, Cottonport, LA 71327July 02, 1902Full Service Brick and Mortar
    1218990Plaucheville BranchHighway 107, Plaucheville, LA 71362January 23, 1974Full Service Brick and Mortar
    212554Cen-La Branch105 North Main Street, Marksville, LA 71351January 19, 1963Full Service Brick and Mortar
    3246240Effie BranchState Highway 115, Effie, LA 71331June 02, 1976Full Service Brick and Mortar
    510487Mansura BranchHighway 1, Mansura, LA 71350September 20, 1945Full Service Brick and Mortar
    610540Moreauville BranchHighway 451, Moreauville, LA 71355January 01, 1946Full Service Brick and Mortar
    7237943Bordelonville BranchBayou Des Glaise, Bordelonville, LA 71320August 23, 1977Full Service Brick and Mortar
    8218991Bunkie Branch122 Southwest Main Street, Bunkie, LA 71322July 08, 1996Full Service Brick and Mortar
    9218992Simmesport Branch117 Bernard Plaza, Simmesport, LA 71369November 06, 1996Full Service Brick and Mortar
    10218993New Roads Branch420 Hospital Road, New Roads, LA 70760June 22, 1998Full Service Brick and Mortar
    11359522The Cottonport Armored Service, L.L.c.129 South Main Street, Marksville, LA 71351October 08, 1999Limited Service Messenger
    13444013Brusly Branch110 West St. Francis Street, Brusly, LA 70719August 22, 2005Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Cottonport Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents