FDIC Certificate #: 109 Status: Active Federal Reserve ID: 458142 Bank Holding Company (Regulatory Top Holder): Pioneer Bancshares, Inc. Of Horatio, Ark (RSSDID: 1139091, Location: Horatio, AR) Date Established: May 05, 1905 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 #: 88 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: Consumer Lending Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: Pride And Main, Horatio, AR 71842 County: Sevier Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Shreveport Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $124.6 mil Equity capital: $13.2 mil Deposits held in domestic offices: $111.2 mil Return on assets (ROA): 1.22% ($1.5 mil) Quarterly return on assets: 1.27% ($1.6 mil) Return on Equity (ROE): 11.81% ($1.5 mil) Quarterly return on equity: 12.05% ($1.6 mil) Net income: $1.5 mil Quarterly Net income: $0.4 mil Pretax return on assets: 1.86% ($2,317.7 mil) Quarterly Pretax return on assets: 1.63% ($2,031.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
31Total employees (full-time equivalent)
$124,606Total assets
$14,056Cash and due from depository institutions
$11,505Interest-bearing balances
$16,953Securities
$3,000Federal funds sold & reverse repurchase agreements
$88,119Net loans & leases
$1,501Loan loss allowance
$0Trading account assets
$754Bank premises and fixed assets
$52Other real estate owned
$0Goodwill and other intangibles
$124,606Life insurance assets
$1,672All other assets
$111,413Total liabilities and capital
$111,247Total liabilities
$105,955Total deposits
$111,247Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$166Subordinated debt
$13,193All other liabilities
$13,193Total equity capital
$13,193Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$1,000Surplus
$12,093Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$617Income earned, not collected on loans
$8Earning assets
$898Long-term assets (5+ years)
$119,577Average Assets, year-to-date
$7,991Average Assets, quarterly
$120,639Volatile liabilities
$123,377Insider loans
$77,205FHLB advances
$123,131Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$13,013Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,725Restructured Loans and leases
$235Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$7,107Total interest income
$2,104Total interest expense
$5,003Net interest income
$638Provision for loan and lease losses
$371Total noninterest income
$0Fiduciary activities
$245Service charges on deposit accounts
$0Trading account gains & fees
$126Additional noninterest income
$2,495Total noninterest expense
$1,411Salaries and employee benefits
$316Premises and equipment expense
$768Additional noninterest expense
$2,241Pre-tax net operating income
$2Securities gains (losses)
$777Applicable income taxes
$1,466Income before extraordinary items
$0Extraordinary gains - net
$1,466Net income attributable to bank
$0Net charge-offs
$1,466Cash dividends
$424Sale, conversion, retirement of capital stock, net
$128Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.12%Yield on earning assets
1.81%Cost of funding earning assets
4.31%Net interest margin
0.32%Noninterest income to earning assets
2.15%Noninterest expense to earning assets
1.21%Net operating income to assets
1.22%Return on assets (ROA)
1.86%Pretax return on assets
11.81%Return on equity (ROE)
10.78%Retained earnings to average equity (YTD only)
0.50%Net charge-offs to loans
150.47%Credit loss provision to net charge-offs
6.79%Efficiency ratio
46,427Assets per employee
4.02%Cash dividends to net income (YTD only)
Condition Ratios (%)
8.73%Loss allowance to loans
1.67%Loss allowance to noncurrent loans
243.27%Noncurrent assets plus other real estate owned to assets
0.54%Noncurrent loans to loans
0.69%Net loans and leases to deposits
79.21%Net loans and leases to core deposits
85.40%Equity capital to assets
10.59%Core capital (leverage) ratio
10.57%Tier 1 risk-based capital ratio
16.86%Total risk-based capital ratio
Memoranda
$18Average assets
$120,639Average earning assets
$12,410Average equity
$116,126Average loans
List of branches
1 Arkansas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
88
Horatio State Bank
Pride And Main, Horatio, AR 71842
May 05, 1905
Full Service Brick and Mortar
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