First Commercial Bank, Franklin, Louisiana in Franklin, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1994

First Commercial Bank, Franklin, Louisiana in Franklin, Louisiana (LA)
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First Commercial Bank, Franklin, Louisiana - Overview

General
FDIC Certificate #: 13171
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Capital One, National Association (#4297)
Federal Reserve ID: 482530
Date Established: August 22, 1906
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 8 (Interstate: No)
FDIC's unique #: 8333
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: July 01, 1994
Last Structure Change Process Date: July 14, 1994
Last Data Update: July 14, 1994
Data Source Date: April 05, 2012
Location
Address: 521 Main Street, Franklin, LA 70538
County: St. Mary
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Baton Rouge
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Core Based Statistical Area (CBSA): Morgan City, LA (#34020)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $164.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$84Total assets
$167,858Cash and due from depository institutions
$8,590Interest-bearing balances
$7Securities
$91,142Federal funds sold & reverse repurchase agreements
$2,850Net loans & leases
$58,133Loan loss allowance
$1,326Trading account assets
$0Bank premises and fixed assets
$2,622Other real estate owned
$582Goodwill and other intangibles
$3,939Life insurance assets
$0All other assets
$0Total liabilities and capital
$167,858Total liabilities
$151,562Total deposits
$150,056Interest-bearing deposits
$125,659Deposits held in domestic offices
150056.00%% insured (estimated)
$86Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,506Total equity capital
$1,506Total bank equity capital
$16,296Perpetual preferred stock
$0Common stock
$600Surplus
$5,400Undivided profits
Memoranda
$10,296Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,165Income earned, not collected on loans
$540Earning assets
$152,132Long-term assets (5+ years)
$32,154Average Assets, year-to-date
$169,772Average Assets, quarterly
$165,111Volatile liabilities
$12,719Insider loans
$88FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$7,952Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$16,296Total risk weighted assets
$74,730Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$10,703Total interest expense
$3,994Net interest income
$6,709Provision for loan and lease losses
$75Total noninterest income
$1,459Fiduciary activities
$0Service charges on deposit accounts
$820Trading account gains & fees
$0Additional noninterest income
$639Total noninterest expense
$5,084Salaries and employee benefits
$2,404Premises and equipment expense
$793Additional noninterest expense
$1,887Pre-tax net operating income
$3,009Securities gains (losses)
$0Applicable income taxes
$969Income before extraordinary items
$2,040Extraordinary gains - net
$402Net income attributable to bank
$2,442Net charge-offs
-$56Cash dividends
$550Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.93%Cost of funding earning assets
2.58%Net interest margin
4.34%Noninterest income to earning assets
0.94%Noninterest expense to earning assets
3.29%Net operating income to assets
1.20%Return on assets (ROA)
1.44%Pretax return on assets
2.01%Return on equity (ROE)
15.79%Retained earnings to average equity (YTD only)
12.24%Net charge-offs to loans
-0.09%Credit loss provision to net charge-offs
-133.93%Efficiency ratio
62,243Assets per employee
2.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
22.52%Loss allowance to loans
2.23%Loss allowance to noncurrent loans
113.82%Noncurrent assets plus other real estate owned to assets
1.04%Noncurrent loans to loans
1.96%Net loans and leases to deposits
38.74%Net loans and leases to core deposits
42.33%Equity capital to assets
9.71%Core capital (leverage) ratio
9.79%Tier 1 risk-based capital ratio
21.81%Total risk-based capital ratio
Memoranda
$23Average assets
$169,772Average earning assets
$15,464Average equity
$154,548Average loans

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