FDIC Certificate #: 35003 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Guaranty Bank (#14028) Federal Reserve ID: 2746759 Date Established: January 26, 1999 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 73826 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 26, 1999 Last Structure Change Effective Date: January 13, 2001 Last Structure Change Process Date: Febuary 26, 2001 Last Data Update: Febuary 26, 2001 Data Source Date: April 05, 2012
Location
Address: 401 North 2nd Street, Homer, LA 71040 County: Claiborne 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
Financial Summary
Total assets: $32.3 mil
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
13Total employees (full-time equivalent)
$32,286Total assets
$1,957Cash and due from depository institutions
$51Interest-bearing balances
$2,348Securities
$650Federal funds sold & reverse repurchase agreements
$26,228Net loans & leases
$580Loan loss allowance
$0Trading account assets
$842Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$261All other assets
$32,286Total liabilities and capital
$29,689Total liabilities
$28,604Total deposits
$24,007Interest-bearing deposits
$28,604Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,008Other borrowed funds
$0Subordinated debt
$77All other liabilities
$2,597Total equity capital
$2,597Total bank equity capital
$2,597Perpetual preferred stock
$0Common stock
$3,500Surplus
$0Undivided profits
Memoranda
$-903Noncurrent loans and leases
$2,054Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$6Earning assets
$0Long-term assets (5+ years)
$251Average Assets, year-to-date
$29,277Average Assets, quarterly
$3,270Volatile liabilities
$27,599Insider loans
$30,188FHLB advances
$6,207Loans and leases held for sale
$446Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,054Total unused commitments
$0Restructured Loans and leases
$331Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$2,171Total interest income
$1,104Total interest expense
$1,067Net interest income
$437Provision for loan and lease losses
$143Total noninterest income
$0Fiduciary activities
$118Service charges on deposit accounts
$0Trading account gains & fees
$25Additional noninterest income
$1,138Total noninterest expense
$592Salaries and employee benefits
$181Premises and equipment expense
$365Additional noninterest expense
-$365Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$365Income before extraordinary items
$0Extraordinary gains - net
-$365Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$46Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.69%Yield on earning assets
4.42%Cost of funding earning assets
4.27%Net interest margin
0.57%Noninterest income to earning assets
4.56%Noninterest expense to earning assets
-1.32%Net operating income to assets
-1.32%Return on assets (ROA)
-1.32%Pretax return on assets
-13.09%Return on equity (ROE)
-13.09%Retained earnings to average equity (YTD only)
0.21%Net charge-offs to loans
950.00%Credit loss provision to net charge-offs
1.57%Efficiency ratio
94,050Assets per employee
2.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.16%Loss allowance to noncurrent loans
9666.67%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.02%Net loans and leases to deposits
91.69%Net loans and leases to core deposits
117.10%Equity capital to assets
8.04%Core capital (leverage) ratio
8.61%Tier 1 risk-based capital ratio
9.93%Total risk-based capital ratio
Memoranda
$11Average assets
$27,599Average earning assets
$2,787Average equity
$24,983Average loans
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