Lakeside National Bank of Lake Charles in Lake Charles, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 03, 1995

  • Lakeside National Bank of Lake Charles in Lake Charles, Louisiana (LA)
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Lakeside National Bank of Lake Charles - Overview

  • General
  • FDIC Certificate #: 17954
    Status: Inactive
    Closing history: Office Sold
    Acquiring institution: The First National Bank of Lake Charles (#4292)
    Federal Reserve ID: 44639
    Date Established: January 06, 1959
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Interstate: No)
    FDIC's unique #: 11887
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 06, 1959
    Last Structure Change Effective Date: August 03, 1995
    Last Structure Change Process Date: August 21, 1995
    Last Data Update: August 21, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: One Lakeside Plaza, Lake Charles, LA 70601
    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
  • Merger - Without Assistance
    Corrections
    Office Sold
  • Financial Summary
  • Total assets: $169.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $155Total assets
  • $177,094Cash and due from depository institutions
  • $21,194Interest-bearing balances
  • $4,846Securities
  • $48,500Federal funds sold & reverse repurchase agreements
  • $9,120Net loans & leases
  • $88,578Loan loss allowance
  • $3,038Trading account assets
  • $0Bank premises and fixed assets
  • $8,205Other real estate owned
  • $12Goodwill and other intangibles
  • $1,485Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $177,094Total liabilities
  • $160,341Total deposits
  • $159,750Interest-bearing deposits
  • $113,185Deposits held in domestic offices
  • 159750.00%% insured (estimated)
  • $80Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $591Total equity capital
  • $591Total bank equity capital
  • $16,753Perpetual preferred stock
  • $0Common stock
  • $1,250Surplus
  • $2,740Undivided profits
  • Memoranda
  • $12,763Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,418Income earned, not collected on loans
  • $602Earning assets
  • $151,044Long-term assets (5+ years)
  • $3,870Average Assets, year-to-date
  • $181,018Average Assets, quarterly
  • $174,705Volatile liabilities
  • $3,964Insider loans
  • $1,621FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $20,357Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $16,949Total risk weighted assets
  • $90,009Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $11,528Total interest expense
  • $2,720Net interest income
  • $8,808Provision for loan and lease losses
  • $0Total noninterest income
  • $3,240Fiduciary activities
  • $313Service charges on deposit accounts
  • $2,100Trading account gains & fees
  • $0Additional noninterest income
  • $827Total noninterest expense
  • $9,432Salaries and employee benefits
  • $4,524Premises and equipment expense
  • $1,584Additional noninterest expense
  • $3,324Pre-tax net operating income
  • $2,616Securities gains (losses)
  • $0Applicable income taxes
  • $868Income before extraordinary items
  • $1,748Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,748Net charge-offs
  • -$67Cash dividends
  • $650Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.41%Cost of funding earning assets
  • 1.75%Net interest margin
  • 5.66%Noninterest income to earning assets
  • 2.08%Noninterest expense to earning assets
  • 6.06%Net operating income to assets
  • 0.97%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 1.45%Return on equity (ROE)
  • 10.67%Retained earnings to average equity (YTD only)
  • 6.70%Net charge-offs to loans
  • -0.07%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 78,287Assets per employee
  • 1.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.19%Loss allowance to loans
  • 3.32%Loss allowance to noncurrent loans
  • 214.25%Noncurrent assets plus other real estate owned to assets
  • 0.81%Noncurrent loans to loans
  • 1.55%Net loans and leases to deposits
  • 55.45%Net loans and leases to core deposits
  • 56.86%Equity capital to assets
  • 9.46%Core capital (leverage) ratio
  • 9.91%Tier 1 risk-based capital ratio
  • 18.83%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $181,018Average earning assets
  • $16,383Average equity
  • $155,544Average loans

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