FDIC Certificate #: 58961 Status: Active Federal Reserve ID: 4165907 Date Established: July 26, 2010 WWW:http://www.lakesidebanking.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 #: 483420 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: July 26, 2010 Last Structure Change Effective Date: Febuary 24, 2011 Last Structure Change Process Date: Febuary 24, 2011 Last Data Update: Febuary 24, 2011 Data Source Date: April 05, 2012
Location
Address: 4735 Nelson Road, Lake Charles, LA 70606 County: Calcasieu 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 Metropolitan Statistical Area (MSA): Lake Charles, LA (#3960) Combined Statistical Area (CSA): Lake Charles-Jennings, LA (#324) Core Based Statistical Area (CBSA): Lake Charles, LA (#29340) CBSA Metro Statistical Area: Lake Charles, LA (#29340)
History of Changes
Change in Location
Financial Summary
Total assets: $62.1 mil Equity capital: $11.2 mil Deposits held in domestic offices: $50.7 mil Return on assets (ROA): -1.69% (-$1.0 mil) Quarterly return on assets: -1.11% (-$0.7 mil) Return on Equity (ROE): -6.36% (-$0.7 mil) Quarterly return on equity: -5.90% (-$0.6 mil) Net income: -$0.7 mil Quarterly Net income: -$0.2 mil Pretax return on assets: -2.57% (-$1,595.5 mil) Quarterly Pretax return on assets: -1.70% (-$1,055.4 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
14Total employees (full-time equivalent)
$62,082Total assets
$18,512Cash and due from depository institutions
$17,830Interest-bearing balances
$13,562Securities
$300Federal funds sold & reverse repurchase agreements
$26,754Net loans & leases
$246Loan loss allowance
$0Trading account assets
$1,906Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$62,082Life insurance assets
$1,048All other assets
$50,868Total liabilities and capital
$50,741Total liabilities
$49,638Total deposits
$50,741Interest-bearing deposits
$76Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$127Subordinated debt
$11,214All other liabilities
$11,214Total equity capital
$11,214Total bank equity capital
$0Perpetual preferred stock
$1,311Common stock
$11,798Surplus
$-1,895Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$127Long-term assets (5+ years)
$58,446Average Assets, year-to-date
$14,421Average Assets, quarterly
$42,923Volatile liabilities
$60,351Insider loans
$29,563FHLB advances
$59,007Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,148Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$11,544Restructured Loans and leases
$2,409Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,012Total interest income
$358Total interest expense
$654Net interest income
$212Provision for loan and lease losses
$22Total noninterest income
$0Fiduciary activities
$15Service charges on deposit accounts
$0Trading account gains & fees
$7Additional noninterest income
$1,569Total noninterest expense
$805Salaries and employee benefits
$197Premises and equipment expense
$567Additional noninterest expense
-$1,105Pre-tax net operating income
$0Securities gains (losses)
-$378Applicable income taxes
-$727Income before extraordinary items
$0Extraordinary gains - net
-$727Net income attributable to bank
$0Net charge-offs
-$727Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.51%Yield on earning assets
0.89%Cost of funding earning assets
1.62%Net interest margin
0.05%Noninterest income to earning assets
3.89%Noninterest expense to earning assets
-1.69%Net operating income to assets
-1.69%Return on assets (ROA)
-2.57%Pretax return on assets
-6.36%Return on equity (ROE)
-6.36%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
232,101Assets per employee
4.43%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.91%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
52.73%Net loans and leases to core deposits
76.95%Equity capital to assets
18.06%Core capital (leverage) ratio
17.20%Tier 1 risk-based capital ratio
34.33%Total risk-based capital ratio
Memoranda
$35Average assets
$42,923Average earning assets
$11,432Average equity
$40,288Average loans
List of branches
1 Louisiana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
483420
Lakeside Bank
4735 Nelson Road, Lake Charles, LA 70606
July 26, 2010
Full Service Brick and Mortar
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