FDIC Certificate #: 19067 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:BancorpSouth Bank (#11813) Federal Reserve ID: 888468 Date Established: April 01, 1964 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 9 (Interstate: No) OTS Docket #: 11164 FDIC's unique #: 12901 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: April 01, 1964 Last Structure Change Effective Date: September 01, 2000 Last Structure Change Process Date: September 27, 2000 Last Data Update: September 27, 2000 Data Source Date: April 05, 2012
Location
Address: 2400 North Street, Nacogdoches, TX 75961 County: Nacogdoches Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Houston Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Nacogdoches, TX (#34860) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $349.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
167Total employees (full-time equivalent)
$363,370Total assets
$19,516Cash and due from depository institutions
$0Interest-bearing balances
$77,589Securities
$21,371Federal funds sold & reverse repurchase agreements
$227,990Net loans & leases
$2,498Loan loss allowance
$0Trading account assets
$3,931Bank premises and fixed assets
$514Other real estate owned
$7,028Goodwill and other intangibles
$0Life insurance assets
$5,431All other assets
$363,370Total liabilities and capital
$329,439Total liabilities
$326,840Total deposits
$270,354Interest-bearing deposits
$326,840Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$2,599All other liabilities
$33,931Total equity capital
$33,931Total bank equity capital
$33,931Perpetual preferred stock
$0Common stock
$2,875Surplus
$12,125Undivided profits
Memoranda
$18,931Noncurrent loans and leases
$26,129Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$5,728Earning assets
$0Long-term assets (5+ years)
$1,980Average Assets, year-to-date
$326,950Average Assets, quarterly
$15,894Volatile liabilities
$299,737Insider loans
$361,186FHLB advances
$47,711Loans and leases held for sale
$4,846Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$26,129Total unused commitments
$0Restructured Loans and leases
$2,498Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$22,070Total interest income
$9,413Total interest expense
$12,657Net interest income
$0Provision for loan and lease losses
$2,544Total noninterest income
$0Fiduciary activities
$2,064Service charges on deposit accounts
$0Trading account gains & fees
$480Additional noninterest income
$8,319Total noninterest expense
$4,724Salaries and employee benefits
$1,144Premises and equipment expense
$2,451Additional noninterest expense
$6,882Pre-tax net operating income
$0Securities gains (losses)
$2,151Applicable income taxes
$4,731Income before extraordinary items
$0Extraordinary gains - net
$4,731Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$312Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.99%Yield on earning assets
3.41%Cost of funding earning assets
4.58%Net interest margin
0.92%Noninterest income to earning assets
3.01%Noninterest expense to earning assets
1.58%Net operating income to assets
1.58%Return on assets (ROA)
2.30%Pretax return on assets
17.11%Return on equity (ROE)
17.11%Retained earnings to average equity (YTD only)
0.17%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
22.06%Efficiency ratio
52,168Assets per employee
2.18%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.08%Loss allowance to noncurrent loans
43.61%Noncurrent assets plus other real estate owned to assets
1.72%Noncurrent loans to loans
2.49%Net loans and leases to deposits
69.76%Net loans and leases to core deposits
81.68%Equity capital to assets
9.34%Core capital (leverage) ratio
8.78%Tier 1 risk-based capital ratio
12.18%Total risk-based capital ratio
Memoranda
$13Average assets
$299,737Average earning assets
$27,653Average equity
$276,197Average loans
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