First Western Bank in city_name, state_name - Detailed Financial Reports, Location

First Western Bank in Booneville, Arkansas (AR)
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First Western Bank routing number info

First Western Bank - Overview

General
FDIC Certificate #: 13083
Status: Active
Federal Reserve ID: 34742
Bank Holding Company (Regulatory Top Holder): First Western Bancshares Employee Stock Ownership Trust (RSSDID: 2628994, Location: Booneville, AR)
Date Established: April 18, 1910
WWW: http://www.fwbank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 9 (Domestic: 9, Interstate: No)
OTS Docket #: 14048
FDIC's unique #: 8272
Numeric code: 21
Regulator: FDIC
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: Yes
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: 80 W Main St, Booneville, AR 72927
County: Logan
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
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $282.1 mil
Equity capital: $24.3 mil
Deposits held in domestic offices: $249.4 mil
Return on assets (ROA): 0.54% ($1.5 mil)
Quarterly return on assets: 0.79% ($2.2 mil)
Return on Equity (ROE): 6.33% ($1.5 mil)
Quarterly return on equity: 9.08% ($2.2 mil)
Net income: $1.5 mil
Quarterly Net income: $0.5 mil
Pretax return on assets: 0.54% ($1,523.1 mil)
Quarterly Pretax return on assets: 0.83% ($2,341.0 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
92Total employees (full-time equivalent)
$282,050Total assets
$13,436Cash and due from depository institutions
$9,126Interest-bearing balances
$27,934Securities
$0Federal funds sold & reverse repurchase agreements
$209,309Net loans & leases
$2,023Loan loss allowance
$0Trading account assets
$9,396Bank premises and fixed assets
$10,115Other real estate owned
$570Goodwill and other intangibles
$282,050Life insurance assets
$11,290All other assets
$257,727Total liabilities and capital
$249,395Total liabilities
$230,470Total deposits
$249,395Interest-bearing deposits
$94Deposits held in domestic offices
550.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$4,000Trading liabilities
$0Other borrowed funds
$3,782Subordinated debt
$24,323All other liabilities
$24,323Total equity capital
$24,323Total bank equity capital
$0Perpetual preferred stock
$1Common stock
$13,326Surplus
$10,996Undivided profits
Memoranda
$0Noncurrent loans and leases
$1,984Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$997Income earned, not collected on loans
$0Earning assets
$1,224Long-term assets (5+ years)
$246,369Average Assets, year-to-date
$32,290Average Assets, quarterly
$276,227Volatile liabilities
$277,137Insider loans
$213,512FHLB advances
$273,591Loans and leases held for sale
$5,778Unused loan commitments
$5,623Tier 1 (core) risk-based capital
$23,450Tier 2 risk-based capital
$155Total risk weighted assets
$0Total unused commitments
$19,378Restructured Loans and leases
$3,047Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$13,989Total interest income
$3,317Total interest expense
$10,672Net interest income
$524Provision for loan and lease losses
$1,492Total noninterest income
$0Fiduciary activities
$630Service charges on deposit accounts
$0Trading account gains & fees
$862Additional noninterest income
$10,247Total noninterest expense
$5,075Salaries and employee benefits
$1,821Premises and equipment expense
$3,351Additional noninterest expense
$1,393Pre-tax net operating income
$100Securities gains (losses)
-$9Applicable income taxes
$1,502Income before extraordinary items
$0Extraordinary gains - net
$1,502Net income attributable to bank
$0Net charge-offs
$1,502Cash dividends
$806Sale, conversion, retirement of capital stock, net
$165Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.92%Yield on earning assets
1.40%Cost of funding earning assets
4.52%Net interest margin
0.63%Noninterest income to earning assets
4.34%Noninterest expense to earning assets
0.51%Net operating income to assets
0.54%Return on assets (ROA)
0.54%Pretax return on assets
6.33%Return on equity (ROE)
5.63%Retained earnings to average equity (YTD only)
0.41%Net charge-offs to loans
65.01%Credit loss provision to net charge-offs
2.38%Efficiency ratio
84,240Assets per employee
3.07%Cash dividends to net income (YTD only)
Condition Ratios (%)
10.99%Loss allowance to loans
0.96%Loss allowance to noncurrent loans
202.91%Noncurrent assets plus other real estate owned to assets
3.94%Noncurrent loans to loans
0.47%Net loans and leases to deposits
83.93%Net loans and leases to core deposits
93.97%Equity capital to assets
8.62%Core capital (leverage) ratio
8.57%Tier 1 risk-based capital ratio
10.98%Total risk-based capital ratio
Memoranda
$12Average assets
$276,227Average earning assets
$23,740Average equity
$236,332Average loans

List of branches

9 Arkansas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	8272	First Western Bank	80 W Main St, Booneville, AR 72927	April 18, 1910	Full Service Brick and Mortar
1	228953	Caulksville-Ratcliff Branch	9418 West State Hwy 22, Caulksville, AR 72951	November 05, 1965	Full Service Brick and Mortar
2	228954	Magazine Branch	89 East Priddy Street, Magazine, AR 72943	Febuary 15, 1965	Full Service Brick and Mortar
5	228957	East Branch	1663 East Main, Booneville, AR 72927	September 20, 1996	Full Service Brick and Mortar
6	289635	Rogers West Branch	2722 West Walnut, Rogers, AR 72756	July 03, 1995	Full Service Brick and Mortar
7	207913	Bella Vista Branch	575 Memorial Drive, Bella Vista, AR 72714	October 31, 1993	Full Service Brick and Mortar
8	334400	Downtown West Walnut Branch	401 West Walnut, Rogers, AR 72756	May 31, 2000	Full Service Brick and Mortar
11	443963	Fort Smith Branch	8399 Rogers Avenue, Suite A-1, Fort Smith, AR 72903	August 22, 2005	Full Service Brick and Mortar
12	450661	Pinnacle Hills Branch	2601 Champions Boulevard, Rogers, AR 72758	April 17, 2006	Full Service Brick and Mortar

First Western Bank in Booneville, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Western Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First Western Bank in Booneville, Arkansas (AR)Overview, Financial Summary, Detailed Financial Reports, Branches

First Western Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First Western Bank in Booneville, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches