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

First Commercial Bank in Birmingham, Alabama (AL)
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First Commercial Bank - Overview

General
FDIC Certificate #: 26359
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Synovus Bank (#873)
Federal Reserve ID: 44134
Date Established: September 23, 1985
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 14 (Interstate: No)
OTS Docket #: 14773
FDIC's unique #: 32917
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: September 23, 1985
Last Structure Change Effective Date: June 01, 2010
Last Structure Change Process Date: June 14, 2010
Last Data Update: June 14, 2010
Data Source Date: April 05, 2012
Location
Address: 800 Shades Creek Parkway, Birmingham, AL 35209
County: Jefferson
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Shelby
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Birmingham, AL (#1000)
Combined Statistical Area (CSA): Birmingham-Hoover-Cullman, AL (#142)
Core Based Statistical Area (CBSA): Birmingham-Hoover, AL (#13820)
CBSA Metro Statistical Area: Birmingham-Hoover, AL (#13820)
Financial Summary
Total assets: $2,018.9 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, 2009)

Dollar figures in thousands
437Total employees (full-time equivalent)
$1,985,416Total assets
$61,038Cash and due from depository institutions
$14,373Interest-bearing balances
$174,673Securities
$89,565Federal funds sold & reverse repurchase agreements
$1,565,742Net loans & leases
$35,583Loan loss allowance
$13,293Trading account assets
$16,559Bank premises and fixed assets
$15,749Other real estate owned
$428Goodwill and other intangibles
$0Life insurance assets
$48,369All other assets
$1,985,416Total liabilities and capital
$1,781,313Total liabilities
$1,734,167Total deposits
$1,484,776Interest-bearing deposits
$1,674,186Deposits held in domestic offices
41.83%% insured (estimated)
$991Federal funds purchased & repurchase agreements
$13,473Trading liabilities
$20,000Other borrowed funds
$0Subordinated debt
$12,682All other liabilities
$204,103Total equity capital
$204,103Total bank equity capital
$204,103Perpetual preferred stock
$0Common stock
$1Surplus
$88,224Undivided profits
Memoranda
$115,878Noncurrent loans and leases
$843,508Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$65,996Earning assets
$0Long-term assets (5+ years)
$5,290Average Assets, year-to-date
$1,844,353Average Assets, quarterly
$408,328Volatile liabilities
$2,090,290Insider loans
$2,019,046FHLB advances
$265,899Loans and leases held for sale
$150,539Unused loan commitments
$0Tier 1 (core) risk-based capital
$963,054Tier 2 risk-based capital
$137,539Total risk weighted assets
$843,508Total unused commitments
$0Restructured Loans and leases
$22,093Derivatives
$6,056Total assets and liabilities in foreign offices

Income and Expense (December 31, 2009)

Dollar figures in thousands
$85,652Total interest income
$22,881Total interest expense
$62,771Net interest income
$32,390Provision for loan and lease losses
$48,522Total noninterest income
$995Fiduciary activities
$5,006Service charges on deposit accounts
$177Trading account gains & fees
$42,344Additional noninterest income
$65,783Total noninterest expense
$38,205Salaries and employee benefits
$5,450Premises and equipment expense
$22,128Additional noninterest expense
$13,120Pre-tax net operating income
$1,333Securities gains (losses)
$5,094Applicable income taxes
$9,359Income before extraordinary items
$0Extraordinary gains - net
$9,359Net income attributable to bank
$0Net charge-offs
$9,359Cash dividends
$30,028Sale, conversion, retirement of capital stock, net
$7,963Net operating income

Performance and Condition Ratios (December 31, 2009)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.36%Yield on earning assets
1.16%Cost of funding earning assets
3.19%Net interest margin
2.47%Noninterest income to earning assets
3.34%Noninterest expense to earning assets
0.41%Net operating income to assets
0.45%Return on assets (ROA)
0.69%Pretax return on assets
4.50%Return on equity (ROE)
0.67%Retained earnings to average equity (YTD only)
1.72%Net charge-offs to loans
107.87%Credit loss provision to net charge-offs
1.52%Efficiency ratio
59,108Assets per employee
4.54%Cash dividends to net income (YTD only)
Condition Ratios (%)
85.08%Loss allowance to loans
2.22%Loss allowance to noncurrent loans
53.92%Noncurrent assets plus other real estate owned to assets
4.12%Noncurrent loans to loans
4.12%Net loans and leases to deposits
90.29%Net loans and leases to core deposits
106.57%Equity capital to assets
10.28%Core capital (leverage) ratio
9.01%Tier 1 risk-based capital ratio
11.35%Total risk-based capital ratio
Memoranda
$13Average assets
$2,090,290Average earning assets
$208,087Average equity
$1,966,681Average loans

Total Fiduciary and Related Assets (December 31, 2009)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$944,538Managed Assets
1Number of Accounts
$944,538Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$944,538Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
338Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

First Commercial Bank in Birmingham, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Commercial Bank - Overview

Assets and Liabilities (December 31, 2009)

Income and Expense (December 31, 2009)

Performance and Condition Ratios (December 31, 2009)

Total Fiduciary and Related Assets (December 31, 2009)

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

First Commercial Bank in Birmingham, Alabama (AL)Overview, Financial Summary, Detailed Financial Reports, Branches

First Commercial Bank - Overview

Assets and Liabilities (December 31, 2009)

Income and Expense (December 31, 2009)

Performance and Condition Ratios (December 31, 2009)

Total Fiduciary and Related Assets (December 31, 2009)

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

First Commercial Bank in Birmingham, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches