First American Bank of Tangipahoa in Hammond, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 24, 1996

First American Bank of Tangipahoa in Hammond, Louisiana (LA)
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First American Bank of Tangipahoa - Overview

General
FDIC Certificate #: 25805
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First American Bank and Trust (#8149)
Federal Reserve ID: 493237
Date Established: December 31, 1984
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 32034
Numeric code: 21
Regulator: FDIC
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: December 31, 1984
Last Structure Change Effective Date: September 24, 1996
Last Structure Change Process Date: November 07, 1996
Last Data Update: November 07, 1996
Data Source Date: April 05, 2012
Location
Address: 1100 Roma Avenue, Hammond, LA 70403
County: Tangipahoa
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
Core Based Statistical Area (CBSA): Hammond, LA (#25220)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $6.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$6Total assets
$7,743Cash and due from depository institutions
$213Interest-bearing balances
$0Securities
$448Federal funds sold & reverse repurchase agreements
$2,475Net loans & leases
$4,491Loan loss allowance
$91Trading account assets
$0Bank premises and fixed assets
$8Other real estate owned
$22Goodwill and other intangibles
$86Life insurance assets
$0All other assets
$0Total liabilities and capital
$7,743Total liabilities
$6,584Total deposits
$6,502Interest-bearing deposits
$5,572Deposits held in domestic offices
6502.00%% insured (estimated)
$99Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$82Total equity capital
$82Total bank equity capital
$1,159Perpetual preferred stock
$0Common stock
$438Surplus
$351Undivided profits
Memoranda
$370Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$37Earning assets
$7,414Long-term assets (5+ years)
$0Average Assets, year-to-date
$7,500Average Assets, quarterly
$7,782Volatile liabilities
$1,302Insider loans
$258FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$191Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,159Total risk weighted assets
$4,659Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$658Total interest expense
$277Net interest income
$381Provision for loan and lease losses
$0Total noninterest income
$119Fiduciary activities
$0Service charges on deposit accounts
$103Trading account gains & fees
$0Additional noninterest income
$16Total noninterest expense
$364Salaries and employee benefits
$136Premises and equipment expense
$31Additional noninterest expense
$197Pre-tax net operating income
$136Securities gains (losses)
$0Applicable income taxes
$41Income before extraordinary items
$95Extraordinary gains - net
$0Net income attributable to bank
$95Net charge-offs
-$7Cash dividends
$104Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.44%Cost of funding earning assets
3.97%Net interest margin
5.46%Noninterest income to earning assets
1.71%Noninterest expense to earning assets
5.22%Net operating income to assets
1.27%Return on assets (ROA)
1.27%Pretax return on assets
1.81%Return on equity (ROE)
8.08%Retained earnings to average equity (YTD only)
-0.77%Net charge-offs to loans
-0.15%Credit loss provision to net charge-offs
0.00%Efficiency ratio
72,800Assets per employee
1.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
109.47%Loss allowance to loans
1.99%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.28%Noncurrent loans to loans
0.00%Net loans and leases to deposits
69.07%Net loans and leases to core deposits
86.37%Equity capital to assets
14.97%Core capital (leverage) ratio
15.00%Tier 1 risk-based capital ratio
24.87%Total risk-based capital ratio
Memoranda
$26Average assets
$7,500Average earning assets
$1,176Average equity
$6,973Average loans

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