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

First National Bank of Magnolia in Magnolia, Arkansas (AR)
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First National Bank of Magnolia - Overview

General
FDIC Certificate #: 14336
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: BancorpSouth Bank (#11813)
Federal Reserve ID: 80048
Date Established: June 06, 1902
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
FDIC's unique #: 8956
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: May 07, 1934
Last Structure Change Effective Date: September 01, 2000
Last Structure Change Process Date: September 13, 2000
Last Data Update: September 13, 2000
Data Source Date: April 05, 2012
Location
Address: 300 North Jackson Street, Magnolia, AR 71753
County: Columbia
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Shreveport
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Core Based Statistical Area (CBSA): Magnolia, AR (#31620)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $216.9 mil

1992 - 1999 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, 1999)

Dollar figures in thousands
67Total employees (full-time equivalent)
$223,114Total assets
$9,162Cash and due from depository institutions
$0Interest-bearing balances
$80,139Securities
$4,600Federal funds sold & reverse repurchase agreements
$120,087Net loans & leases
$1,437Loan loss allowance
$0Trading account assets
$5,780Bank premises and fixed assets
$237Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,109All other assets
$223,114Total liabilities and capital
$204,970Total liabilities
$200,770Total deposits
$172,821Interest-bearing deposits
$200,770Deposits held in domestic offices
0.00%% insured (estimated)
$2,255Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,326Other borrowed funds
$0Subordinated debt
$619All other liabilities
$18,144Total equity capital
$18,144Total bank equity capital
$18,144Perpetual preferred stock
$0Common stock
$1,173Surplus
$5,425Undivided profits
Memoranda
$11,546Noncurrent loans and leases
$15,985Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,682Earning assets
$0Long-term assets (5+ years)
$984Average Assets, year-to-date
$204,826Average Assets, quarterly
$61,576Volatile liabilities
$229,136Insider loans
$224,228FHLB advances
$45,178Loans and leases held for sale
$3,747Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$15,985Total unused commitments
$0Restructured Loans and leases
$1,437Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$15,737Total interest income
$7,704Total interest expense
$8,033Net interest income
$265Provision for loan and lease losses
$998Total noninterest income
$11Fiduciary activities
$751Service charges on deposit accounts
$0Trading account gains & fees
$236Additional noninterest income
$4,349Total noninterest expense
$2,258Salaries and employee benefits
$732Premises and equipment expense
$1,359Additional noninterest expense
$4,417Pre-tax net operating income
-$5Securities gains (losses)
$1,334Applicable income taxes
$3,078Income before extraordinary items
$0Extraordinary gains - net
$3,078Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$23Sale, conversion, retirement of capital stock, net
$3,049Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.38%Yield on earning assets
3.61%Cost of funding earning assets
3.77%Net interest margin
0.47%Noninterest income to earning assets
2.04%Noninterest expense to earning assets
1.34%Net operating income to assets
1.34%Return on assets (ROA)
1.93%Pretax return on assets
15.63%Return on equity (ROE)
0.15%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
-1152.17%Credit loss provision to net charge-offs
0.00%Efficiency ratio
48,156Assets per employee
3.33%Cash dividends to net income (YTD only)
Condition Ratios (%)
99.06%Loss allowance to loans
1.18%Loss allowance to noncurrent loans
85.43%Noncurrent assets plus other real estate owned to assets
0.86%Noncurrent loans to loans
1.38%Net loans and leases to deposits
59.81%Net loans and leases to core deposits
75.44%Equity capital to assets
8.13%Core capital (leverage) ratio
8.61%Tier 1 risk-based capital ratio
14.63%Total risk-based capital ratio
Memoranda
$16Average assets
$229,136Average earning assets
$19,689Average equity
$213,200Average loans

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

First National Bank of Magnolia - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

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

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

First National Bank of Magnolia - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

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

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