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

First National Bank of Crossett in Crossett, Arkansas (AR)
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First National Bank of Crossett routing number info

First National Bank of Crossett - Overview

General
FDIC Certificate #: 1757
Status: Active
Federal Reserve ID: 514440
Bank Holding Company (Regulatory Top Holder): Ashley Bancstock Company (RSSDID: 1099337, Location: Crossett, AR)
Date Established: December 05, 1903
WWW: http://www.fnbcrossett.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 10449
FDIC's unique #: 1167
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 210 Main Street, Crossett, AR 71635
County: Ashley
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Little Rock
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $142.8 mil
Equity capital: $15.7 mil
Deposits held in domestic offices: $123.2 mil
Return on assets (ROA): 0.32% ($0.5 mil)
Quarterly return on assets: 1.57% ($2.2 mil)
Return on Equity (ROE): 3.01% ($0.5 mil)
Quarterly return on equity: 14.28% ($2.3 mil)
Net income: $0.5 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 0.14% ($199.9 mil)
Quarterly Pretax return on assets: 1.00% ($1,428.0 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, 2011)

Dollar figures in thousands
51Total employees (full-time equivalent)
$142,799Total assets
$6,939Cash and due from depository institutions
$926Interest-bearing balances
$33,507Securities
$4,475Federal funds sold & reverse repurchase agreements
$85,023Net loans & leases
$2,460Loan loss allowance
$0Trading account assets
$1,750Bank premises and fixed assets
$3,106Other real estate owned
$0Goodwill and other intangibles
$142,799Life insurance assets
$7,999All other assets
$127,067Total liabilities and capital
$123,192Total liabilities
$90,321Total deposits
$123,192Interest-bearing deposits
$90Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,499Trading liabilities
$0Other borrowed funds
$1,376Subordinated debt
$15,732All other liabilities
$15,732Total equity capital
$15,732Total bank equity capital
$0Perpetual preferred stock
$64Common stock
$3,136Surplus
$12,532Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$8,610Income earned, not collected on loans
$0Earning assets
$662Long-term assets (5+ years)
$123,931Average Assets, year-to-date
$34,454Average Assets, quarterly
$144,633Volatile liabilities
$141,200Insider loans
$97,784FHLB advances
$145,409Loans and leases held for sale
$5,393Unused loan commitments
$4,158Tier 1 (core) risk-based capital
$15,393Tier 2 risk-based capital
$1,235Total risk weighted assets
$0Total unused commitments
$9,034Restructured Loans and leases
$5,555Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$6,740Total interest income
$1,027Total interest expense
$5,713Net interest income
$2,165Provision for loan and lease losses
$2,214Total noninterest income
$93Fiduciary activities
$1,058Service charges on deposit accounts
$0Trading account gains & fees
$1,063Additional noninterest income
$5,892Total noninterest expense
$2,674Salaries and employee benefits
$865Premises and equipment expense
$2,353Additional noninterest expense
-$130Pre-tax net operating income
$328Securities gains (losses)
-$259Applicable income taxes
$457Income before extraordinary items
$0Extraordinary gains - net
$457Net income attributable to bank
$0Net charge-offs
$457Cash dividends
$2,765Sale, conversion, retirement of capital stock, net
$59Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.30%Yield on earning assets
0.81%Cost of funding earning assets
4.49%Net interest margin
1.74%Noninterest income to earning assets
4.63%Noninterest expense to earning assets
0.09%Net operating income to assets
0.32%Return on assets (ROA)
0.14%Pretax return on assets
3.01%Return on equity (ROE)
2.62%Retained earnings to average equity (YTD only)
3.05%Net charge-offs to loans
78.30%Credit loss provision to net charge-offs
0.74%Efficiency ratio
74,328Assets per employee
2.80%Cash dividends to net income (YTD only)
Condition Ratios (%)
12.91%Loss allowance to loans
2.81%Loss allowance to noncurrent loans
28.57%Noncurrent assets plus other real estate owned to assets
8.20%Noncurrent loans to loans
9.84%Net loans and leases to deposits
69.02%Net loans and leases to core deposits
75.60%Equity capital to assets
11.02%Core capital (leverage) ratio
10.59%Tier 1 risk-based capital ratio
15.74%Total risk-based capital ratio
Memoranda
$17Average assets
$144,633Average earning assets
$15,206Average equity
$127,168Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$17,444Managed Assets
1Number of Accounts
$10,008Personal trust and agency accounts
$7,483Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$2,525Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
53Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$7,436Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$4,435Fiduciary accounts held in foreign offices

List of branches

4 Arkansas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	1167	First National Bank Of Crossett	210 Main Street, Crossett, AR 71635	December 05, 1903	Full Service Brick and Mortar
1	190081	North Branch	1218 Highway 133, Crossett, AR 71635	August 30, 1971	Full Service Brick and Mortar
2	190082	Fountain Hill Branch	105 Highway 160, Fountain Hill, AR 71642	Febuary 15, 1974	Full Service Brick and Mortar
3	190083	Hamburg Branch	603 North Main, Hamburg, AR 71646	November 17, 1997	Full Service Brick and Mortar

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

First National Bank of Crossett - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

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

First National Bank of Crossett - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

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