FDIC Certificate #: 58107 Status: Active Federal Reserve ID: 3384372 Bank Holding Company (Regulatory Top Holder): Fortune Financial Corporation (RSSDID: 3384363, Location: Arnold, MO) Date Established: December 01, 2005 WWW:http://www.fortunefincorp.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 439886 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: December 01, 2005 Last Structure Change Effective Date: November 13, 2007 Last Structure Change Process Date: March 18, 2008 Last Data Update: March 18, 2008 Data Source Date: April 05, 2012
Location
Address: 3494 Jeffco Boulevard, Arnold, MO 63010 County: Jefferson Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: St. Louis Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040) Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476) Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180) CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
History of Changes
Change in Location
Financial Summary
Total assets: $151.3 mil Equity capital: $14.3 mil Deposits held in domestic offices: $123.6 mil Return on assets (ROA): 0.05% ($0.1 mil) Quarterly return on assets: -0.81% (-$1.2 mil) Return on Equity (ROE): 0.49% ($0.1 mil) Quarterly return on equity: -8.48% (-$1.2 mil) Net income: $0.1 mil Quarterly Net income: -$0.3 mil Pretax return on assets: 0.07% ($105.9 mil) Quarterly Pretax return on assets: -1.28% (-$1,936.3 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
40Total employees (full-time equivalent)
$151,273Total assets
$6,589Cash and due from depository institutions
$255Interest-bearing balances
$22,236Securities
$2,010Federal funds sold & reverse repurchase agreements
$111,115Net loans & leases
$1,754Loan loss allowance
$0Trading account assets
$5,272Bank premises and fixed assets
$899Other real estate owned
$771Goodwill and other intangibles
$151,273Life insurance assets
$2,381All other assets
$136,967Total liabilities and capital
$123,608Total liabilities
$109,643Total deposits
$123,608Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$13,000Trading liabilities
$0Other borrowed funds
$359Subordinated debt
$14,306All other liabilities
$14,306Total equity capital
$14,306Total bank equity capital
$0Perpetual preferred stock
$5,375Common stock
$8,034Surplus
$897Undivided profits
Memoranda
$0Noncurrent loans and leases
$1,846Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$5,913Income earned, not collected on loans
$126Earning assets
$525Long-term assets (5+ years)
$135,616Average Assets, year-to-date
$15,826Average Assets, quarterly
$149,435Volatile liabilities
$152,111Insider loans
$111,608FHLB advances
$153,144Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$13,482Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$5,810Restructured Loans and leases
$2,330Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$6,765Total interest income
$2,353Total interest expense
$4,412Net interest income
$1,005Provision for loan and lease losses
$1,549Total noninterest income
$0Fiduciary activities
$69Service charges on deposit accounts
$0Trading account gains & fees
$1,480Additional noninterest income
$4,906Total noninterest expense
$2,303Salaries and employee benefits
$595Premises and equipment expense
$2,008Additional noninterest expense
$50Pre-tax net operating income
$61Securities gains (losses)
$41Applicable income taxes
$70Income before extraordinary items
$0Extraordinary gains - net
$70Net income attributable to bank
$0Net charge-offs
$70Cash dividends
$833Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.01%Yield on earning assets
1.74%Cost of funding earning assets
3.27%Net interest margin
1.15%Noninterest income to earning assets
3.64%Noninterest expense to earning assets
0.02%Net operating income to assets
0.05%Return on assets (ROA)
0.07%Pretax return on assets
0.49%Return on equity (ROE)
0.49%Retained earnings to average equity (YTD only)
0.78%Net charge-offs to loans
120.65%Credit loss provision to net charge-offs
1.27%Efficiency ratio
81,748Assets per employee
3.78%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.55%Loss allowance to noncurrent loans
29.66%Noncurrent assets plus other real estate owned to assets
4.50%Noncurrent loans to loans
5.24%Net loans and leases to deposits
89.89%Net loans and leases to core deposits
98.85%Equity capital to assets
9.46%Core capital (leverage) ratio
8.80%Tier 1 risk-based capital ratio
12.08%Total risk-based capital ratio
Memoranda
$13Average assets
$149,435Average earning assets
$14,329Average equity
$134,957Average loans
List of branches
1 Missouri Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
439886
Fortunebank
3494 Jeffco Boulevard, Arnold, MO 63010
December 01, 2005
Full Service Brick and Mortar
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