First Bank of Arkansas in city_name, state_name - Detailed Financial Reports, Location

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

General
FDIC Certificate #: 18639
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Regions Bank (#12368)
Federal Reserve ID: 689245
Date Established: November 27, 1962
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 9 (Interstate: No)
OTS Docket #: 10991
FDIC's unique #: 12521
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: November 27, 1962
Last Structure Change Effective Date: December 03, 1998
Last Structure Change Process Date: Febuary 03, 1999
Last Data Update: Febuary 03, 1999
Data Source Date: April 05, 2012
Location
Address: 2400 East Highland Drive, Jonesboro, AR 72401
County: Craighead
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Atlanta
FDIC Field Office: Memphis
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Jonesboro, AR (#3700)
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: $436.5 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
132Total employees (full-time equivalent)
$482,838Total assets
$20,610Cash and due from depository institutions
$57Interest-bearing balances
$106,658Securities
$7,000Federal funds sold & reverse repurchase agreements
$329,373Net loans & leases
$8,553Loan loss allowance
$0Trading account assets
$10,428Bank premises and fixed assets
$149Other real estate owned
$638Goodwill and other intangibles
$0Life insurance assets
$7,982All other assets
$482,838Total liabilities and capital
$446,746Total liabilities
$418,303Total deposits
$377,671Interest-bearing deposits
$418,303Deposits held in domestic offices
0.00%% insured (estimated)
$22,240Federal funds purchased & repurchase agreements
$0Trading liabilities
$774Other borrowed funds
$0Subordinated debt
$5,429All other liabilities
$36,092Total equity capital
$36,092Total bank equity capital
$36,092Perpetual preferred stock
$0Common stock
$100Surplus
$24,386Undivided profits
Memoranda
$11,606Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,227Earning assets
$0Long-term assets (5+ years)
$3,807Average Assets, year-to-date
$443,088Average Assets, quarterly
$8,948Volatile liabilities
$469,047Insider loans
$474,068FHLB advances
$138,130Loans and leases held for sale
$11,317Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$48,290Total unused commitments
$0Restructured Loans and leases
$338,215Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$38,011Total interest income
$21,736Total interest expense
$16,275Net interest income
$5,334Provision for loan and lease losses
$3,182Total noninterest income
$261Fiduciary activities
$1,498Service charges on deposit accounts
$0Trading account gains & fees
$1,423Additional noninterest income
$8,512Total noninterest expense
$4,384Salaries and employee benefits
$1,361Premises and equipment expense
$2,767Additional noninterest expense
$5,611Pre-tax net operating income
$0Securities gains (losses)
$1,975Applicable income taxes
$3,636Income before extraordinary items
$0Extraordinary gains - net
$3,636Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$2,003Sale, conversion, retirement of capital stock, net
$750Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.70%Yield on earning assets
4.98%Cost of funding earning assets
3.73%Net interest margin
0.73%Noninterest income to earning assets
1.95%Noninterest expense to earning assets
0.78%Net operating income to assets
0.78%Return on assets (ROA)
1.20%Pretax return on assets
10.51%Return on equity (ROE)
8.34%Retained earnings to average equity (YTD only)
0.56%Net charge-offs to loans
266.30%Credit loss provision to net charge-offs
5.46%Efficiency ratio
43,367Assets per employee
3.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
20.63%Loss allowance to loans
2.53%Loss allowance to noncurrent loans
265.04%Noncurrent assets plus other real estate owned to assets
0.70%Noncurrent loans to loans
0.95%Net loans and leases to deposits
78.74%Net loans and leases to core deposits
108.91%Equity capital to assets
7.47%Core capital (leverage) ratio
7.51%Tier 1 risk-based capital ratio
10.49%Total risk-based capital ratio
Memoranda
$12Average assets
$469,047Average earning assets
$34,584Average equity
$436,725Average loans

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

First Bank of Arkansas - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

Comment about this bank, ask questions, or add new information about it:

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

First Bank of Arkansas - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

Comment about this bank, ask questions, or add new information about it:

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