First Bank of Arkansas in Wynne, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 03, 1997

First Bank of Arkansas in Wynne, Arkansas (AR)
Show street view No street view available for this location

First Bank of Arkansas - Overview

General
FDIC Certificate #: 1295
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Bank of Arkansas (#18639)
Federal Reserve ID: 505840
Date Established: Febuary 07, 1907
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 1 (Interstate: No)
OTS Docket #: 11372
FDIC's unique #: 870
Numeric code: 13
Regulator: FED
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: January 01, 1934
Last Structure Change Effective Date: May 03, 1997
Last Structure Change Process Date: May 07, 1997
Last Data Update: May 23, 1997
Data Source Date: April 05, 2012
Location
Address: 500 North Falls Boulevard, Wynne, AR 72396
County: Cross
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Memphis
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $57.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$12Total assets
$52,366Cash and due from depository institutions
$1,447Interest-bearing balances
$101Securities
$7,779Federal funds sold & reverse repurchase agreements
$6,105Net loans & leases
$35,510Loan loss allowance
$595Trading account assets
$0Bank premises and fixed assets
$710Other real estate owned
$38Goodwill and other intangibles
$777Life insurance assets
$0All other assets
$0Total liabilities and capital
$52,366Total liabilities
$48,711Total deposits
$48,428Interest-bearing deposits
$45,708Deposits held in domestic offices
48428.00%% insured (estimated)
$90Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$283Total equity capital
$283Total bank equity capital
$3,655Perpetual preferred stock
$0Common stock
$100Surplus
$2,962Undivided profits
Memoranda
$593Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$305Income earned, not collected on loans
$521Earning assets
$49,495Long-term assets (5+ years)
$543Average Assets, year-to-date
$45,379Average Assets, quarterly
$50,725Volatile liabilities
$19,293Insider loans
$2,213FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,792Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,671Total risk weighted assets
$36,121Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$3,773Total interest expense
$2,403Net interest income
$1,370Provision for loan and lease losses
$588Total noninterest income
$264Fiduciary activities
$0Service charges on deposit accounts
$170Trading account gains & fees
$0Additional noninterest income
$94Total noninterest expense
$779Salaries and employee benefits
$384Premises and equipment expense
$155Additional noninterest expense
$240Pre-tax net operating income
$267Securities gains (losses)
$0Applicable income taxes
$64Income before extraordinary items
$203Extraordinary gains - net
$0Net income attributable to bank
$203Net charge-offs
$239Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.77%Cost of funding earning assets
5.59%Net interest margin
3.18%Noninterest income to earning assets
0.61%Noninterest expense to earning assets
1.81%Net operating income to assets
0.45%Return on assets (ROA)
0.45%Pretax return on assets
0.59%Return on equity (ROE)
5.98%Retained earnings to average equity (YTD only)
5.98%Net charge-offs to loans
0.71%Credit loss provision to net charge-offs
246.03%Efficiency ratio
47,674Assets per employee
4.36%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.65%Loss allowance to noncurrent loans
195.08%Noncurrent assets plus other real estate owned to assets
0.66%Noncurrent loans to loans
0.84%Net loans and leases to deposits
73.33%Net loans and leases to core deposits
121.88%Equity capital to assets
6.98%Core capital (leverage) ratio
7.18%Tier 1 risk-based capital ratio
10.16%Total risk-based capital ratio
Memoranda
$11Average assets
$45,379Average earning assets
$3,396Average equity
$43,017Average loans

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 First Bank of Arkansas.
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.