FDIC Certificate #: 33933 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First NBC Bank (#58302) Federal Reserve ID: 2239279 Date Established: September 09, 1994 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 11884 FDIC's unique #: 55102 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: September 09, 1994 Last Structure Change Effective Date: November 30, 2010 Last Structure Change Process Date: December 01, 2010 Last Data Update: December 01, 2010 Data Source Date: April 05, 2012
Location
Address: 233 Carondelet Street, Suite 200, New Orleans, LA 70130 County: Orleans 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 Metropolitan Statistical Area (MSA): New Orleans, LA (#5560) Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406) Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380) CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
Financial Summary
Total assets: $81.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
Dollar figures in thousands
31Total employees (full-time equivalent)
$82,668Total assets
$4,495Cash and due from depository institutions
$227Interest-bearing balances
$8,173Securities
$1,242Federal funds sold & reverse repurchase agreements
$59,313Net loans & leases
$1,620Loan loss allowance
$0Trading account assets
$3,595Bank premises and fixed assets
$0Other real estate owned
$186Goodwill and other intangibles
$2,616Life insurance assets
$5,664All other assets
$82,668Total liabilities and capital
$75,517Total liabilities
$70,592Total deposits
$60,349Interest-bearing deposits
$70,592Deposits held in domestic offices
84.65%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,850Other borrowed funds
$0Subordinated debt
$1,075All other liabilities
$7,151Total equity capital
$7,151Total bank equity capital
$7,151Perpetual preferred stock
$1,644Common stock
$4,881Surplus
$1,041Undivided profits
Memoranda
$-415Noncurrent loans and leases
$8,979Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$255Earning assets
$0Long-term assets (5+ years)
$269Average Assets, year-to-date
$68,955Average Assets, quarterly
$0Volatile liabilities
$78,494Insider loans
$84,727FHLB advances
$27,155Loans and leases held for sale
$0Unused loan commitments
$3,850Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,979Total unused commitments
$927Restructured Loans and leases
$777Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$4,845Total interest income
$1,056Total interest expense
$3,789Net interest income
$0Provision for loan and lease losses
$1,191Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1,191Additional noninterest income
$4,979Total noninterest expense
$2,116Salaries and employee benefits
$1,092Premises and equipment expense
$1,771Additional noninterest expense
$1Pre-tax net operating income
$173Securities gains (losses)
-$19Applicable income taxes
$193Income before extraordinary items
$0Extraordinary gains - net
$193Net income attributable to bank
$0Net charge-offs
$193Cash dividends
-$238Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.35%Yield on earning assets
1.60%Cost of funding earning assets
5.75%Net interest margin
1.81%Noninterest income to earning assets
7.55%Noninterest expense to earning assets
0.03%Net operating income to assets
0.25%Return on assets (ROA)
0.22%Pretax return on assets
2.76%Return on equity (ROE)
2.76%Retained earnings to average equity (YTD only)
-0.44%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
99,639Assets per employee
2.67%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.66%Loss allowance to noncurrent loans
635.29%Noncurrent assets plus other real estate owned to assets
0.31%Noncurrent loans to loans
0.42%Net loans and leases to deposits
84.02%Net loans and leases to core deposits
125.43%Equity capital to assets
8.65%Core capital (leverage) ratio
8.39%Tier 1 risk-based capital ratio
11.28%Total risk-based capital ratio
Memoranda
$13Average assets
$78,494Average earning assets
$7,002Average equity
$65,943Average loans
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