Deposit Guaranty National Bank in Jackson, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 01, 1998

  • Deposit Guaranty National Bank in Jackson, Mississippi (MS)
  • Show street view No street view available for this location

Deposit Guaranty National Bank - Overview

  • General
  • FDIC Certificate #: 9784
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First American National Bank (#4956)
    Federal Reserve ID: 400637
    Date Established: June 15, 1925
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 160 (Interstate: No)
    OTS Docket #: 14697
    FDIC's unique #: 6265
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: September 01, 1998
    Last Structure Change Process Date: September 23, 1998
    Last Data Update: September 23, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 210 East Capitol Street, Jackson, MS 39205
    County: Hinds
    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
    Metropolitan Statistical Area (MSA): Jackson, MS (#3560)
    Combined Statistical Area (CSA): Jackson-Yazoo City, MS (#298)
    Core Based Statistical Area (CBSA): Jackson, MS (#27140)
    CBSA Metro Statistical Area: Jackson, MS (#27140)
  • Financial Summary
  • Total assets: $7,289.4 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
  • 2,929Total employees (full-time equivalent)
  • $6,947,491Total assets
  • $451,111Cash and due from depository institutions
  • $201Interest-bearing balances
  • $1,593,625Securities
  • $59,260Federal funds sold & reverse repurchase agreements
  • $4,371,641Net loans & leases
  • $64,651Loan loss allowance
  • $1,459Trading account assets
  • $160,063Bank premises and fixed assets
  • $4,478Other real estate owned
  • $176,868Goodwill and other intangibles
  • $0Life insurance assets
  • $128,986All other assets
  • $6,947,491Total liabilities and capital
  • $6,255,305Total liabilities
  • $5,409,522Total deposits
  • $4,103,664Interest-bearing deposits
  • $5,409,522Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $524,439Federal funds purchased & repurchase agreements
  • $10Trading liabilities
  • $268,352Other borrowed funds
  • $0Subordinated debt
  • $52,982All other liabilities
  • $692,186Total equity capital
  • $692,186Total bank equity capital
  • $692,186Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $423,529Undivided profits
  • Memoranda
  • $268,457Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $33,927Earning assets
  • $324Long-term assets (5+ years)
  • $39,789Average Assets, year-to-date
  • $6,026,186Average Assets, quarterly
  • $1,921,351Volatile liabilities
  • $6,887,058Insider loans
  • $6,888,500FHLB advances
  • $1,174,960Loans and leases held for sale
  • $117,568Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $241,178Total risk weighted assets
  • $1,235,542Total unused commitments
  • $0Restructured Loans and leases
  • $4,976,854Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $489,241Total interest income
  • $198,689Total interest expense
  • $290,552Net interest income
  • $7,500Provision for loan and lease losses
  • $130,503Total noninterest income
  • $19,084Fiduciary activities
  • $45,955Service charges on deposit accounts
  • $3,472Trading account gains & fees
  • $61,992Additional noninterest income
  • $264,420Total noninterest expense
  • $116,426Salaries and employee benefits
  • $34,523Premises and equipment expense
  • $113,471Additional noninterest expense
  • $149,135Pre-tax net operating income
  • $2,089Securities gains (losses)
  • $53,505Applicable income taxes
  • $97,719Income before extraordinary items
  • $0Extraordinary gains - net
  • $97,719Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $12,595Sale, conversion, retirement of capital stock, net
  • $140,499Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.18%Yield on earning assets
  • 3.32%Cost of funding earning assets
  • 4.86%Net interest margin
  • 2.18%Noninterest income to earning assets
  • 4.42%Noninterest expense to earning assets
  • 1.40%Net operating income to assets
  • 1.42%Return on assets (ROA)
  • 2.20%Pretax return on assets
  • 14.05%Return on equity (ROE)
  • -6.15%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 59.55%Credit loss provision to net charge-offs
  • 12.44%Efficiency ratio
  • 58,601Assets per employee
  • 2.37%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 143.78%Loss allowance to loans
  • 1.46%Loss allowance to noncurrent loans
  • 190.56%Noncurrent assets plus other real estate owned to assets
  • 0.55%Noncurrent loans to loans
  • 0.76%Net loans and leases to deposits
  • 80.81%Net loans and leases to core deposits
  • 88.72%Equity capital to assets
  • 9.96%Core capital (leverage) ratio
  • 8.37%Tier 1 risk-based capital ratio
  • 11.09%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $6,887,058Average earning assets
  • $695,413Average equity
  • $5,981,739Average loans
1
Karen Isaac
⚠
Jun 3, 2022 @ 3:03 am
I’m am wondering what happened to the Easy Save Account I opened with the Deposit Guaranty National Bank on April 13,1995. It was open in Starkville Mississippi they just closed down with no information concerning my account and I have heard nothing from the bank. Concern Customer Karen Isaac
2
Willard Cantrell
⚠
Jul 13, 2023 @ 5:17 pm
What do I need to do to withdraw the funds from my cd I had with deposit guaranty national bank
3
Jennifer Weeks
⚠
Oct 27, 2023 @ 2:14 pm
What do i do about a savings account opened in 1994 , i have all original paperwork & receipts, at the deposit guarantee national bank !?!?
4
Julius Noflin
⚠
Dec 19, 2023 @ 8:08 am
How do I retrieve funds from my Easy Save account opened on August 29,1994?

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 Deposit Guaranty National 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