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

This bank is inactive as of August 01, 1995

First Bank of Arkansas in Trumann, Arkansas (AR)
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First Bank of Arkansas - Overview

General
FDIC Certificate #: 17119
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Bank of Arkansas (#18639)
Federal Reserve ID: 744247
Date Established: July 01, 1952
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Interstate: No)
OTS Docket #: 11012
FDIC's unique #: 11162
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: July 01, 1952
Last Structure Change Effective Date: August 01, 1995
Last Structure Change Process Date: August 21, 1995
Last Data Update: August 21, 1995
Data Source Date: April 05, 2012
Location
Address: 825 Highway 463 North, Trumann, AR 72472
County: Poinsett
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
Combined Statistical Area (CSA): Jonesboro-Paragould, AR (#308)
Core Based Statistical Area (CBSA): Jonesboro, AR (#27860)
CBSA Metro Statistical Area: Jonesboro, AR (#27860)
Financial Summary
Total assets: $58.0 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$18Total assets
$56,241Cash and due from depository institutions
$2,372Interest-bearing balances
$19Securities
$13,838Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$38,100Loan loss allowance
$567Trading account assets
$0Bank premises and fixed assets
$835Other real estate owned
$0Goodwill and other intangibles
$779Life insurance assets
$317All other assets
$0Total liabilities and capital
$56,241Total liabilities
$51,657Total deposits
$51,294Interest-bearing deposits
$47,407Deposits held in domestic offices
51294.00%% insured (estimated)
$86Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$363Total equity capital
$363Total bank equity capital
$4,584Perpetual preferred stock
$0Common stock
$100Surplus
$2,795Undivided profits
Memoranda
$1,689Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$31Income earned, not collected on loans
$403Earning assets
$51,957Long-term assets (5+ years)
$4,267Average Assets, year-to-date
$53,789Average Assets, quarterly
$55,111Volatile liabilities
$11,839Insider loans
$189FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,811Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,413Total risk weighted assets
$41,717Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$3,583Total interest expense
$1,842Net interest income
$1,741Provision for loan and lease losses
$0Total noninterest income
$142Fiduciary activities
$0Service charges on deposit accounts
$107Trading account gains & fees
$0Additional noninterest income
$35Total noninterest expense
$1,004Salaries and employee benefits
$443Premises and equipment expense
$147Additional noninterest expense
$414Pre-tax net operating income
$879Securities gains (losses)
$0Applicable income taxes
$309Income before extraordinary items
$570Extraordinary gains - net
$0Net income attributable to bank
$570Net charge-offs
$19Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.13%Cost of funding earning assets
3.67%Net interest margin
3.46%Noninterest income to earning assets
0.28%Noninterest expense to earning assets
2.00%Net operating income to assets
1.06%Return on assets (ROA)
1.06%Pretax return on assets
1.63%Return on equity (ROE)
13.02%Retained earnings to average equity (YTD only)
13.02%Net charge-offs to loans
0.05%Credit loss provision to net charge-offs
0.00%Efficiency ratio
51,620Assets per employee
3.12%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.47%Loss allowance to noncurrent loans
1829.03%Noncurrent assets plus other real estate owned to assets
0.06%Noncurrent loans to loans
0.08%Net loans and leases to deposits
74.28%Net loans and leases to core deposits
96.57%Equity capital to assets
8.15%Core capital (leverage) ratio
8.05%Tier 1 risk-based capital ratio
10.58%Total risk-based capital ratio
Memoranda
$12Average assets
$53,789Average earning assets
$4,378Average equity
$50,253Average loans

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