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

First National Bank in Searcy, Arkansas (AR)
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First National Bank - Overview

General
FDIC Certificate #: 15944
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Regions Bank (#12368)
Federal Reserve ID: 934749
Date Established: January 01, 1904
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 8 (Interstate: No)
FDIC's unique #: 10175
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: May 01, 1943
Last Structure Change Effective Date: November 20, 1998
Last Structure Change Process Date: Febuary 03, 1999
Last Data Update: Febuary 03, 1999
Data Source Date: April 05, 2012
Location
Address: 200 West Race Street, Searcy, AR 72143
County: White
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Atlanta
FDIC Field Office: Little Rock
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Combined Statistical Area (CSA): Little Rock-North Little Rock-Pine Bluff, AR (#340)
Core Based Statistical Area (CBSA): Searcy, AR (#42620)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $279.2 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
96Total employees (full-time equivalent)
$300,984Total assets
$11,321Cash and due from depository institutions
$1,304Interest-bearing balances
$109,367Securities
$18,229Federal funds sold & reverse repurchase agreements
$155,076Net loans & leases
$2,258Loan loss allowance
$0Trading account assets
$3,328Bank premises and fixed assets
$120Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,543All other assets
$300,984Total liabilities and capital
$264,591Total liabilities
$262,957Total deposits
$233,139Interest-bearing deposits
$262,957Deposits held in domestic offices
0.00%% insured (estimated)
$166Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,468All other liabilities
$36,393Total equity capital
$36,393Total bank equity capital
$36,393Perpetual preferred stock
$0Common stock
$1,000Surplus
$2,500Undivided profits
Memoranda
$32,893Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,330Earning assets
$16Long-term assets (5+ years)
$1,601Average Assets, year-to-date
$283,976Average Assets, quarterly
$29,953Volatile liabilities
$330,654Insider loans
$322,719FHLB advances
$37,918Loans and leases held for sale
$2,687Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$991Total risk weighted assets
$14,716Total unused commitments
$0Restructured Loans and leases
$171,315Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$24,527Total interest income
$12,639Total interest expense
$11,888Net interest income
$1,470Provision for loan and lease losses
$1,509Total noninterest income
$77Fiduciary activities
$1,107Service charges on deposit accounts
$0Trading account gains & fees
$325Additional noninterest income
$5,688Total noninterest expense
$2,884Salaries and employee benefits
$925Premises and equipment expense
$1,879Additional noninterest expense
$6,239Pre-tax net operating income
$17Securities gains (losses)
$1,738Applicable income taxes
$4,518Income before extraordinary items
$0Extraordinary gains - net
$4,518Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$323Sale, conversion, retirement of capital stock, net
$791Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.88%Yield on earning assets
4.06%Cost of funding earning assets
3.82%Net interest margin
0.49%Noninterest income to earning assets
1.83%Noninterest expense to earning assets
1.36%Net operating income to assets
1.37%Return on assets (ROA)
1.89%Pretax return on assets
12.88%Return on equity (ROE)
10.63%Retained earnings to average equity (YTD only)
0.19%Net charge-offs to loans
455.11%Credit loss provision to net charge-offs
23.87%Efficiency ratio
42,457Assets per employee
3.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
17.51%Loss allowance to loans
1.44%Loss allowance to noncurrent loans
169.77%Noncurrent assets plus other real estate owned to assets
0.48%Noncurrent loans to loans
0.85%Net loans and leases to deposits
58.97%Net loans and leases to core deposits
68.86%Equity capital to assets
12.09%Core capital (leverage) ratio
12.75%Tier 1 risk-based capital ratio
21.24%Total risk-based capital ratio
Memoranda
$22Average assets
$330,654Average earning assets
$35,067Average equity
$311,086Average loans

First National Bank in Searcy, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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First National Bank in Searcy, Arkansas (AR)Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank - 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 National Bank in Searcy, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches