First Cahawba Bank in city_name, state_name - Detailed Financial Reports, Location

First Cahawba Bank in Selma, Alabama (AL)
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First Cahawba Bank routing number info

First Cahawba Bank - Overview

General
FDIC Certificate #: 58636
Status: Active
Federal Reserve ID: 3633016
Date Established: September 10, 2007
WWW: http://www.firstcahawba.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 460562
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: Commercial Lending Specialization
Date of Deposit Insurance: September 10, 2007
Last Structure Change Effective Date: September 10, 2007
Last Structure Change Process Date: September 19, 2007
Last Data Update: September 19, 2007
Data Source Date: April 05, 2012
Location
Address: 2610 Citizens Parkway, Selma, AL 36701
County: Dallas
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
Core Based Statistical Area (CBSA): Selma, AL (#42820)
CBSA Micro Statistical Area: Yes
History of Changes
Change in Geographic Region/Area/Territory/Field Office
New Institution
Financial Summary
Total assets: $85.7 mil
Equity capital: $10.0 mil
Deposits held in domestic offices: $70.6 mil
Return on assets (ROA): 0.28% ($0.2 mil)
Quarterly return on assets: -0.13% (-$0.1 mil)
Return on Equity (ROE): 2.19% ($0.2 mil)
Quarterly return on equity: -1.08% (-$0.1 mil)
Net income: $0.2 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: 0.28% ($239.9 mil)
Quarterly Pretax return on assets: -0.13% (-$111.4 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)
$85,676Total assets
$14,307Cash and due from depository institutions
$3,583Interest-bearing balances
$15,829Securities
$0Federal funds sold & reverse repurchase agreements
$52,330Net loans & leases
$560Loan loss allowance
$0Trading account assets
$2,072Bank premises and fixed assets
$155Other real estate owned
$0Goodwill and other intangibles
$85,676Life insurance assets
$983All other assets
$75,680Total liabilities and capital
$70,580Total liabilities
$53,552Total deposits
$70,580Interest-bearing deposits
$88Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,000Trading liabilities
$0Other borrowed funds
$100Subordinated debt
$9,996All other liabilities
$9,996Total equity capital
$9,996Total bank equity capital
$0Perpetual preferred stock
$1,145Common stock
$10,775Surplus
$-1,924Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,904Income earned, not collected on loans
$0Earning assets
$257Long-term assets (5+ years)
$71,742Average Assets, year-to-date
$18,846Average Assets, quarterly
$77,999Volatile liabilities
$83,477Insider loans
$52,518FHLB advances
$80,991Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$9,884Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$11,018Restructured Loans and leases
$1,919Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$3,112Total interest income
$508Total interest expense
$2,604Net interest income
$372Provision for loan and lease losses
$338Total noninterest income
$0Fiduciary activities
$314Service charges on deposit accounts
$0Trading account gains & fees
$24Additional noninterest income
$2,527Total noninterest expense
$1,349Salaries and employee benefits
$184Premises and equipment expense
$994Additional noninterest expense
$43Pre-tax net operating income
$172Securities gains (losses)
$0Applicable income taxes
$215Income before extraordinary items
$0Extraordinary gains - net
$215Net income attributable to bank
$0Net charge-offs
$215Cash dividends
$417Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.43%Yield on earning assets
0.72%Cost of funding earning assets
3.70%Net interest margin
0.48%Noninterest income to earning assets
3.60%Noninterest expense to earning assets
0.06%Net operating income to assets
0.28%Return on assets (ROA)
0.28%Pretax return on assets
2.19%Return on equity (ROE)
2.19%Retained earnings to average equity (YTD only)
0.86%Net charge-offs to loans
89.21%Credit loss provision to net charge-offs
1.00%Efficiency ratio
85,894Assets per employee
4.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.06%Loss allowance to noncurrent loans
29.41%Noncurrent assets plus other real estate owned to assets
2.40%Noncurrent loans to loans
3.60%Net loans and leases to deposits
74.14%Net loans and leases to core deposits
77.45%Equity capital to assets
11.67%Core capital (leverage) ratio
12.20%Tier 1 risk-based capital ratio
18.82%Total risk-based capital ratio
Memoranda
$20Average assets
$77,999Average earning assets
$9,829Average equity
$70,288Average loans

List of branches

2 Alabama Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	460562	First Cahawba Bank	2610 Citizens Parkway, Selma, AL 36701	September 10, 2007	Full Service Brick and Mortar
1	479641	Downtown Office Branch	801 Alabama Ave, Selma, AL 36701	March 01, 2008	Full Service Brick and Mortar

First Cahawba Bank in Selma, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Cahawba Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First Cahawba Bank in Selma, Alabama (AL)Overview, Financial Summary, Detailed Financial Reports, Branches

First Cahawba Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First Cahawba Bank in Selma, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches