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

First National Bank of Commerce in New Orleans, Louisiana (LA)
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First National Bank of Commerce - Overview

General
FDIC Certificate #: 4298
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank One, Louisiana, National Association (#4306)
Federal Reserve ID: 78335
Date Established: May 22, 1933
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 53 (Interstate: No)
FDIC's unique #: 2819
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: January 01, 1934
Last Structure Change Effective Date: November 16, 1998
Last Structure Change Process Date: Febuary 01, 1999
Last Data Update: Febuary 01, 1999
Data Source Date: April 05, 2012
Location
Address: 210 Baronne Street, New Orleans, LA 70112
County: Orleans
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Chicago
FDIC Field Office: Baton Rouge
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): New Orleans, LA (#5560)
Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406)
Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380)
CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
Financial Summary
Total assets: $5,556.6 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
1,585Total employees (full-time equivalent)
$5,930,306Total assets
$245,787Cash and due from depository institutions
$20Interest-bearing balances
$1,455,663Securities
$104,500Federal funds sold & reverse repurchase agreements
$3,895,416Net loans & leases
$58,849Loan loss allowance
$8,261Trading account assets
$78,712Bank premises and fixed assets
$606Other real estate owned
$11,415Goodwill and other intangibles
$0Life insurance assets
$129,946All other assets
$5,930,306Total liabilities and capital
$5,508,003Total liabilities
$4,439,073Total deposits
$3,600,125Interest-bearing deposits
$4,404,566Deposits held in domestic offices
0.00%% insured (estimated)
$551,068Federal funds purchased & repurchase agreements
$0Trading liabilities
$456,912Other borrowed funds
$0Subordinated debt
$60,950All other liabilities
$422,303Total equity capital
$422,303Total bank equity capital
$422,303Perpetual preferred stock
$0Common stock
$9,275Surplus
$95,428Undivided profits
Memoranda
$317,600Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$27,264Earning assets
$3,834Long-term assets (5+ years)
$39,930Average Assets, year-to-date
$5,463,860Average Assets, quarterly
$783,891Volatile liabilities
$5,960,381Insider loans
$5,876,645FHLB advances
$1,528,805Loans and leases held for sale
$76,830Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$23,551Total risk weighted assets
$4,884,199Total unused commitments
$0Restructured Loans and leases
$4,196,533Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$459,953Total interest income
$220,005Total interest expense
$239,948Net interest income
$45,086Provision for loan and lease losses
$136,681Total noninterest income
$14,350Fiduciary activities
$28,491Service charges on deposit accounts
$0Trading account gains & fees
$93,840Additional noninterest income
$222,448Total noninterest expense
$74,215Salaries and employee benefits
$17,043Premises and equipment expense
$131,190Additional noninterest expense
$109,095Pre-tax net operating income
$348Securities gains (losses)
$34,702Applicable income taxes
$74,741Income before extraordinary items
$0Extraordinary gains - net
$74,741Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$36,635Sale, conversion, retirement of capital stock, net
$30,633Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.35%Yield on earning assets
3.99%Cost of funding earning assets
4.36%Net interest margin
2.48%Noninterest income to earning assets
4.04%Noninterest expense to earning assets
1.25%Net operating income to assets
1.25%Return on assets (ROA)
1.84%Pretax return on assets
18.92%Return on equity (ROE)
11.17%Retained earnings to average equity (YTD only)
0.93%Net charge-offs to loans
123.07%Credit loss provision to net charge-offs
4.21%Efficiency ratio
58,121Assets per employee
3.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
40.99%Loss allowance to loans
1.49%Loss allowance to noncurrent loans
215.85%Noncurrent assets plus other real estate owned to assets
0.47%Noncurrent loans to loans
0.69%Net loans and leases to deposits
87.75%Net loans and leases to core deposits
106.32%Equity capital to assets
7.12%Core capital (leverage) ratio
6.99%Tier 1 risk-based capital ratio
9.59%Total risk-based capital ratio
Memoranda
$11Average assets
$5,960,381Average earning assets
$394,940Average equity
$5,508,243Average loans

First National Bank of Commerce in New Orleans, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Commerce - 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 of Commerce in New Orleans, Louisiana (LA)Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Commerce - 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 of Commerce in New Orleans, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches