First State Bank and Trust Company in Franklinton, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 1994

First State Bank and Trust Company in Franklinton, Louisiana (LA)
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First State Bank and Trust Company - Overview

General
FDIC Certificate #: 8530
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Capital One, National Association (#4297)
Federal Reserve ID: 680439
Date Established: January 01, 1907
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 8 (Interstate: No)
FDIC's unique #: 5438
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 31, 1994
Last Structure Change Process Date: January 25, 1995
Last Data Update: January 25, 1995
Data Source Date: April 05, 2012
Location
Address: 946 Pearl Street, Franklinton, LA 70438
County: Washington
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Baton Rouge
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406)
Core Based Statistical Area (CBSA): Bogalusa, LA (#14220)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $149.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$75Total assets
$146,821Cash and due from depository institutions
$6,277Interest-bearing balances
$0Securities
$85,350Federal funds sold & reverse repurchase agreements
$2,550Net loans & leases
$47,982Loan loss allowance
$1,230Trading account assets
$0Bank premises and fixed assets
$1,643Other real estate owned
$1,378Goodwill and other intangibles
$1,641Life insurance assets
$0All other assets
$0Total liabilities and capital
$146,821Total liabilities
$127,389Total deposits
$126,691Interest-bearing deposits
$106,614Deposits held in domestic offices
126691.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$698Total equity capital
$698Total bank equity capital
$19,432Perpetual preferred stock
$0Common stock
$1,000Surplus
$8,000Undivided profits
Memoranda
$10,432Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,175Income earned, not collected on loans
$407Earning assets
$135,882Long-term assets (5+ years)
$1,018Average Assets, year-to-date
$147,538Average Assets, quarterly
$146,968Volatile liabilities
$9,876Insider loans
$500FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$4,577Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$19,432Total risk weighted assets
$58,004Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$9,865Total interest expense
$3,695Net interest income
$6,170Provision for loan and lease losses
$364Total noninterest income
$1,245Fiduciary activities
$4Service charges on deposit accounts
$700Trading account gains & fees
$0Additional noninterest income
$541Total noninterest expense
$4,040Salaries and employee benefits
$2,047Premises and equipment expense
$973Additional noninterest expense
$1,020Pre-tax net operating income
$3,011Securities gains (losses)
$0Applicable income taxes
$1,031Income before extraordinary items
$1,980Extraordinary gains - net
$0Net income attributable to bank
$1,980Net charge-offs
$428Cash dividends
$100Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.26%Cost of funding earning assets
2.72%Net interest margin
4.54%Noninterest income to earning assets
0.92%Noninterest expense to earning assets
2.97%Net operating income to assets
1.34%Return on assets (ROA)
1.34%Pretax return on assets
2.04%Return on equity (ROE)
10.76%Retained earnings to average equity (YTD only)
10.22%Net charge-offs to loans
0.91%Credit loss provision to net charge-offs
85.05%Efficiency ratio
54,484Assets per employee
1.96%Cash dividends to net income (YTD only)
Condition Ratios (%)
5.05%Loss allowance to loans
2.50%Loss allowance to noncurrent loans
104.68%Noncurrent assets plus other real estate owned to assets
1.74%Noncurrent loans to loans
2.39%Net loans and leases to deposits
37.87%Net loans and leases to core deposits
41.08%Equity capital to assets
13.24%Core capital (leverage) ratio
13.14%Tier 1 risk-based capital ratio
33.50%Total risk-based capital ratio
Memoranda
$35Average assets
$147,538Average earning assets
$18,397Average equity
$135,835Average loans

1

Quinn Cassidy

Jun 28, 2022 @ 5:05 am

I’m trying to find the price of the stock in 1987 and when it sold to Hibernia

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