FDIC Certificate #: 14273 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:Trustmark National Bank (#4988) Federal Reserve ID: 633837 Date Established: January 01, 1920 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 9 (Interstate: No) OTS Docket #: 11565 FDIC's unique #: 8917 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: April 20, 1934 Last Structure Change Effective Date: April 15, 2011 Last Structure Change Process Date: April 18, 2011 Last Data Update: April 18, 2011 Data Source Date: April 05, 2012
Location
Address: 114 South Pearl Street, Carthage, MS 39051 County: Leake Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Jackson Ms Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West
Financial Summary
Total assets: $228.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
66Total employees (full-time equivalent)
$225,790Total assets
$36,051Cash and due from depository institutions
$30,340Interest-bearing balances
$7,117Securities
$1,000Federal funds sold & reverse repurchase agreements
$153,856Net loans & leases
$6,310Loan loss allowance
$0Trading account assets
$8,603Bank premises and fixed assets
$11,424Other real estate owned
$0Goodwill and other intangibles
$3,656Life insurance assets
$7,739All other assets
$225,790Total liabilities and capital
$221,239Total liabilities
$196,227Total deposits
$176,828Interest-bearing deposits
$196,227Deposits held in domestic offices
99.46%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$23,095Other borrowed funds
$0Subordinated debt
$1,917All other liabilities
$4,551Total equity capital
$4,551Total bank equity capital
$4,551Perpetual preferred stock
$0Common stock
$600Surplus
$11,000Undivided profits
Memoranda
$-7,049Noncurrent loans and leases
$9,405Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$17,488Earning assets
$0Long-term assets (5+ years)
$857Average Assets, year-to-date
$192,313Average Assets, quarterly
$9,191Volatile liabilities
$240,100Insider loans
$225,089FHLB advances
$74,901Loans and leases held for sale
$5,281Unused loan commitments
$23,095Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,405Total unused commitments
$2,460Restructured Loans and leases
$2,405Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$11,676Total interest income
$4,524Total interest expense
$7,152Net interest income
$7,300Provision for loan and lease losses
$1,309Total noninterest income
$0Fiduciary activities
$1,181Service charges on deposit accounts
$0Trading account gains & fees
$128Additional noninterest income
$11,264Total noninterest expense
$3,510Salaries and employee benefits
$1,153Premises and equipment expense
$6,601Additional noninterest expense
-$10,103Pre-tax net operating income
-$332Securities gains (losses)
$0Applicable income taxes
-$10,435Income before extraordinary items
$0Extraordinary gains - net
-$10,435Net income attributable to bank
$0Net charge-offs
-$10,435Cash dividends
$5,004Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.66%Yield on earning assets
2.19%Cost of funding earning assets
3.47%Net interest margin
0.63%Noninterest income to earning assets
5.46%Noninterest expense to earning assets
-4.21%Net operating income to assets
-4.35%Return on assets (ROA)
-4.35%Pretax return on assets
-94.48%Return on equity (ROE)
-94.48%Retained earnings to average equity (YTD only)
2.79%Net charge-offs to loans
145.88%Credit loss provision to net charge-offs
-0.56%Efficiency ratio
133,128Assets per employee
3.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.94%Loss allowance to noncurrent loans
36.08%Noncurrent assets plus other real estate owned to assets
13.05%Noncurrent loans to loans
10.92%Net loans and leases to deposits
78.41%Net loans and leases to core deposits
126.81%Equity capital to assets
2.02%Core capital (leverage) ratio
2.24%Tier 1 risk-based capital ratio
2.71%Total risk-based capital ratio
Memoranda
$4Average assets
$240,100Average earning assets
$11,045Average equity
$206,339Average loans
Total Fiduciary and Related Assets (December 31, 2010)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$37Managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
2Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$37Other retirement accounts
$37Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
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