FDIC Certificate #: 29866 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Home Bank (#28094) Federal Reserve ID: 1004573 Date Established: March 01, 1937 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 4229 FDIC's unique #: 42700 Numeric code: 37 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: April 02, 1937 Last Structure Change Effective Date: July 15, 2011 Last Structure Change Process Date: August 12, 2011 Last Data Update: August 12, 2011 Data Source Date: April 05, 2012
Location
Address: 3798 Veterans Boulevard, Metairie, LA 70002 County: Jefferson 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 Metropolitan Statistical Area (MSA): New Orleans, LA (#5560) Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406) Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380) CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
Financial Summary
Total assets: $255.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
53Total employees (full-time equivalent)
$262,059Total assets
$9,537Cash and due from depository institutions
$7,599Interest-bearing balances
$48,284Securities
$717Federal funds sold & reverse repurchase agreements
$189,220Net loans & leases
$1,840Loan loss allowance
$0Trading account assets
$6,819Bank premises and fixed assets
$1,359Other real estate owned
$910Goodwill and other intangibles
$0Life insurance assets
$5,213All other assets
$262,059Total liabilities and capital
$235,059Total liabilities
$199,377Total deposits
$183,289Interest-bearing deposits
$199,377Deposits held in domestic offices
94.45%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$34,712Other borrowed funds
$0Subordinated debt
$970All other liabilities
$27,000Total equity capital
$27,000Total bank equity capital
$27,000Perpetual preferred stock
$0Common stock
$15,407Surplus
$1,117Undivided profits
Memoranda
$10,476Noncurrent loans and leases
$19,167Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$6,166Earning assets
$0Long-term assets (5+ years)
$1,498Average Assets, year-to-date
$245,820Average Assets, quarterly
$0Volatile liabilities
$268,926Insider loans
$263,295FHLB advances
$77,401Loans and leases held for sale
$0Unused loan commitments
$34,712Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$19,167Total unused commitments
$2,668Restructured Loans and leases
$1,840Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$13,718Total interest income
$4,460Total interest expense
$9,258Net interest income
$2,800Provision for loan and lease losses
$741Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$741Additional noninterest income
$7,676Total noninterest expense
$3,869Salaries and employee benefits
$1,346Premises and equipment expense
$2,461Additional noninterest expense
-$477Pre-tax net operating income
$1,011Securities gains (losses)
$44Applicable income taxes
$490Income before extraordinary items
$0Extraordinary gains - net
$490Net income attributable to bank
$0Net charge-offs
$490Cash dividends
$2,573Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.48%Yield on earning assets
1.78%Cost of funding earning assets
3.70%Net interest margin
0.30%Noninterest income to earning assets
3.07%Noninterest expense to earning assets
-0.16%Net operating income to assets
0.18%Return on assets (ROA)
0.20%Pretax return on assets
1.81%Return on equity (ROE)
1.81%Retained earnings to average equity (YTD only)
1.36%Net charge-offs to loans
108.82%Credit loss provision to net charge-offs
0.90%Efficiency ratio
76,768Assets per employee
4.94%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.96%Loss allowance to noncurrent loans
29.84%Noncurrent assets plus other real estate owned to assets
2.87%Noncurrent loans to loans
3.23%Net loans and leases to deposits
94.91%Net loans and leases to core deposits
120.76%Equity capital to assets
10.30%Core capital (leverage) ratio
10.31%Tier 1 risk-based capital ratio
16.34%Total risk-based capital ratio
Memoranda
$17Average assets
$268,926Average earning assets
$27,094Average equity
$250,354Average loans
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