FDIC Certificate #: 1033 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Regions Bank (#12368) Federal Reserve ID: 671343 Date Established: January 01, 1897 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 #: 686 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: October 09, 1998 Last Structure Change Process Date: November 05, 1998 Last Data Update: November 05, 1998 Data Source Date: April 05, 2012
Location
Address: Second And Denver Streets, Russellville, AR 72801 County: Pope 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 Core Based Statistical Area (CBSA): Russellville, AR (#40780) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $257.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
91Total employees (full-time equivalent)
$269,824Total assets
$14,446Cash and due from depository institutions
$0Interest-bearing balances
$49,554Securities
$2,500Federal funds sold & reverse repurchase agreements
$196,034Net loans & leases
$3,636Loan loss allowance
$0Trading account assets
$3,491Bank premises and fixed assets
$69Other real estate owned
$182Goodwill and other intangibles
$0Life insurance assets
$3,548All other assets
$269,824Total liabilities and capital
$253,243Total liabilities
$252,302Total deposits
$221,819Interest-bearing deposits
$252,302Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$941All other liabilities
$16,581Total equity capital
$16,581Total bank equity capital
$16,581Perpetual preferred stock
$0Common stock
$100Surplus
$1,700Undivided profits
Memoranda
$14,781Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,455Earning assets
$133Long-term assets (5+ years)
$1,669Average Assets, year-to-date
$248,088Average Assets, quarterly
$35,202Volatile liabilities
$227,625Insider loans
$257,968FHLB advances
$42,880Loans and leases held for sale
$5,622Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$23,331Total unused commitments
$0Restructured Loans and leases
$188,084Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$17,840Total interest income
$8,509Total interest expense
$9,331Net interest income
$2,055Provision for loan and lease losses
$2,000Total noninterest income
$144Fiduciary activities
$907Service charges on deposit accounts
$0Trading account gains & fees
$949Additional noninterest income
$5,952Total noninterest expense
$2,806Salaries and employee benefits
$868Premises and equipment expense
$2,278Additional noninterest expense
$3,324Pre-tax net operating income
$4Securities gains (losses)
$1,171Applicable income taxes
$2,157Income before extraordinary items
$0Extraordinary gains - net
$2,157Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$361Sale, conversion, retirement of capital stock, net
$400Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.50%Yield on earning assets
4.05%Cost of funding earning assets
4.45%Net interest margin
0.95%Noninterest income to earning assets
2.84%Noninterest expense to earning assets
0.95%Net operating income to assets
0.95%Return on assets (ROA)
1.46%Pretax return on assets
13.90%Return on equity (ROE)
11.33%Retained earnings to average equity (YTD only)
0.20%Net charge-offs to loans
569.25%Credit loss provision to net charge-offs
14.90%Efficiency ratio
52,122Assets per employee
2.97%Cash dividends to net income (YTD only)
Condition Ratios (%)
18.54%Loss allowance to loans
1.82%Loss allowance to noncurrent loans
249.90%Noncurrent assets plus other real estate owned to assets
0.56%Noncurrent loans to loans
0.73%Net loans and leases to deposits
77.70%Net loans and leases to core deposits
93.61%Equity capital to assets
6.15%Core capital (leverage) ratio
6.34%Tier 1 risk-based capital ratio
8.72%Total risk-based capital ratio
Memoranda
$10Average assets
$227,625Average earning assets
$15,513Average equity
$209,908Average loans
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