Florida Parishes Bank in Hammond, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Florida Parishes Bank in Hammond, Louisiana (LA)
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Florida Parishes Bank - Overview

  • General
  • FDIC Certificate #: 29670
    Status: Active
    Federal Reserve ID: 526676
    Date Established: June 16, 1922
    WWW: http://www.bankfpb.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 3862
    FDIC's unique #: 42504
    Numeric code: 34
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: June 02, 1936
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1300 West Morris Avenue, Hammond, LA 70403
    County: Tangipahoa
    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
    Core Based Statistical Area (CBSA): Hammond, LA (#25220)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $174.2 mil
    Equity capital: $16.8 mil
    Deposits held in domestic offices: $131.2 mil
    Return on assets (ROA): 1.19% ($2.1 mil)
    Quarterly return on assets: 0.95% ($1.7 mil)
    Return on Equity (ROE): 12.18% ($2.1 mil)
    Quarterly return on equity: 9.60% ($1.6 mil)
    Net income: $2.1 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.76% ($3,065.1 mil)
    Quarterly Pretax return on assets: 1.38% ($2,403.4 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
  • 60Total employees (full-time equivalent)
  • $174,156Total assets
  • $11,934Cash and due from depository institutions
  • $7,086Interest-bearing balances
  • $24,343Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $126,309Net loans & leases
  • $2,977Loan loss allowance
  • $0Trading account assets
  • $7,805Bank premises and fixed assets
  • $1,101Other real estate owned
  • $0Goodwill and other intangibles
  • $174,156Life insurance assets
  • $2,664All other assets
  • $157,376Total liabilities and capital
  • $131,194Total liabilities
  • $106,663Total deposits
  • $131,194Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $25,362Trading liabilities
  • $0Other borrowed funds
  • $820Subordinated debt
  • $16,780All other liabilities
  • $16,780Total equity capital
  • $16,780Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $3,878Surplus
  • $12,901Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,868Income earned, not collected on loans
  • $0Earning assets
  • $623Long-term assets (5+ years)
  • $157,738Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $174,377Volatile liabilities
  • $172,403Insider loans
  • $120,366FHLB advances
  • $173,804Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $16,548Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,550Restructured Loans and leases
  • $1,413Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,143Total interest income
  • $1,584Total interest expense
  • $8,559Net interest income
  • $657Provision for loan and lease losses
  • $2,118Total noninterest income
  • $0Fiduciary activities
  • $822Service charges on deposit accounts
  • -$16Trading account gains & fees
  • $1,312Additional noninterest income
  • $6,946Total noninterest expense
  • $3,773Salaries and employee benefits
  • $776Premises and equipment expense
  • $2,397Additional noninterest expense
  • $3,074Pre-tax net operating income
  • $0Securities gains (losses)
  • $993Applicable income taxes
  • $2,081Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,081Net income attributable to bank
  • $0Net charge-offs
  • $2,081Cash dividends
  • $498Sale, conversion, retirement of capital stock, net
  • $2,500Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.41%Yield on earning assets
  • 1.00%Cost of funding earning assets
  • 5.41%Net interest margin
  • 1.34%Noninterest income to earning assets
  • 4.39%Noninterest expense to earning assets
  • 1.19%Net operating income to assets
  • 1.19%Return on assets (ROA)
  • 1.76%Pretax return on assets
  • 12.18%Return on equity (ROE)
  • -2.45%Retained earnings to average equity (YTD only)
  • 0.40%Net charge-offs to loans
  • 131.93%Credit loss provision to net charge-offs
  • 7.49%Efficiency ratio
  • 65,056Assets per employee
  • 2.90%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 120.13%Loss allowance to loans
  • 2.30%Loss allowance to noncurrent loans
  • 159.37%Noncurrent assets plus other real estate owned to assets
  • 1.70%Noncurrent loans to loans
  • 1.44%Net loans and leases to deposits
  • 96.28%Net loans and leases to core deposits
  • 105.87%Equity capital to assets
  • 9.64%Core capital (leverage) ratio
  • 9.52%Tier 1 risk-based capital ratio
  • 13.75%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $174,377Average earning assets
  • $17,078Average equity
  • $158,280Average loans

List of branches

  • 3 Louisiana Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    042504Florida Parishes Bank1300 West Morris Avenue, Hammond, LA 70403June 16, 1922Full Service Brick and Mortar
    1483112Barringer Drive Branch490 Barringer Drive, Ponchatoula, LA 70454October 15, 2007Full Service Brick and Mortar
    249551418014 Hwy. 190 East18014 Hwy. 190 East, Hammond, LA 70403December 10, 2008Full Service Brick and Mortar

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