FDIC Certificate #: 15695 Status: Active Federal Reserve ID: 478430 Bank Holding Company (Regulatory Top Holder): First Linden Bancshares, Inc. (RSSDID: 2059954, Location: Linden, AL) Date Established: May 07, 1904 WWW:http://www.firstbanklinden.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 9963 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 114 East Coats Avenue, Linden, AL 36748 County: Marengo Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Montgomery Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $81.3 mil Equity capital: $11.3 mil Deposits held in domestic offices: $69.4 mil Return on assets (ROA): 0.90% ($0.7 mil) Quarterly return on assets: 0.58% ($0.5 mil) Return on Equity (ROE): 6.77% ($0.7 mil) Quarterly return on equity: 4.24% ($0.5 mil) Net income: $0.7 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.95% ($772.0 mil) Quarterly Pretax return on assets: 0.60% ($487.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
19Total employees (full-time equivalent)
$81,267Total assets
$6,722Cash and due from depository institutions
$0Interest-bearing balances
$27,460Securities
$8,852Federal funds sold & reverse repurchase agreements
$36,197Net loans & leases
$478Loan loss allowance
$0Trading account assets
$664Bank premises and fixed assets
$320Other real estate owned
$0Goodwill and other intangibles
$81,267Life insurance assets
$1,052All other assets
$69,984Total liabilities and capital
$69,371Total liabilities
$60,603Total deposits
$69,371Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$613Subordinated debt
$11,283All other liabilities
$11,283Total equity capital
$11,283Total bank equity capital
$0Perpetual preferred stock
$600Common stock
$600Surplus
$10,083Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$77Income earned, not collected on loans
$0Earning assets
$812Long-term assets (5+ years)
$72,509Average Assets, year-to-date
$5,492Average Assets, quarterly
$81,573Volatile liabilities
$82,089Insider loans
$47,753FHLB advances
$82,791Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,586Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,965Restructured Loans and leases
$1,114Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,689Total interest income
$820Total interest expense
$2,869Net interest income
$167Provision for loan and lease losses
$317Total noninterest income
$0Fiduciary activities
$244Service charges on deposit accounts
$0Trading account gains & fees
$73Additional noninterest income
$2,377Total noninterest expense
$1,186Salaries and employee benefits
$89Premises and equipment expense
$1,102Additional noninterest expense
$642Pre-tax net operating income
$129Securities gains (losses)
$37Applicable income taxes
$734Income before extraordinary items
$0Extraordinary gains - net
$734Net income attributable to bank
$0Net charge-offs
$734Cash dividends
$27Sale, conversion, retirement of capital stock, net
$348Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.13%Yield on earning assets
1.14%Cost of funding earning assets
3.99%Net interest margin
0.44%Noninterest income to earning assets
3.30%Noninterest expense to earning assets
0.75%Net operating income to assets
0.90%Return on assets (ROA)
0.95%Pretax return on assets
6.77%Return on equity (ROE)
3.56%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
618.52%Credit loss provision to net charge-offs
29.96%Efficiency ratio
74,608Assets per employee
4.28%Cash dividends to net income (YTD only)
Condition Ratios (%)
47.41%Loss allowance to loans
1.30%Loss allowance to noncurrent loans
620.78%Noncurrent assets plus other real estate owned to assets
0.49%Noncurrent loans to loans
0.21%Net loans and leases to deposits
52.18%Net loans and leases to core deposits
59.88%Equity capital to assets
13.88%Core capital (leverage) ratio
12.79%Tier 1 risk-based capital ratio
22.17%Total risk-based capital ratio
Memoranda
$23Average assets
$81,573Average earning assets
$10,841Average equity
$71,947Average loans
List of branches
1 Alabama Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
9963
First Bank Of Linden
114 East Coats Avenue, Linden, AL 36748
May 07, 1904
Full Service Brick and Mortar
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