Logan County Bank in Scranton, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches


Logan County Bank - Overview

  • General
  • FDIC Certificate #: 5632
    Status: Active
    Federal Reserve ID: 932642
    Date Established: April 04, 1926
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 3837
    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: Other Specialized Lending < 1 Billion
    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: 600 Main Street, Scranton, AR 72863
    County: Logan
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Little Rock
    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: $70.9 mil
    Equity capital: $12.8 mil
    Deposits held in domestic offices: $57.9 mil
    Return on assets (ROA): 1.29% ($0.9 mil)
    Quarterly return on assets: 1.31% ($0.9 mil)
    Return on Equity (ROE): 7.23% ($0.9 mil)
    Quarterly return on equity: 7.27% ($0.9 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.57% ($1,113.1 mil)
    Quarterly Pretax return on assets: 1.47% ($1,042.2 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
  • 14Total employees (full-time equivalent)
  • $70,901Total assets
  • $5,273Cash and due from depository institutions
  • $3,102Interest-bearing balances
  • $41,022Securities
  • $300Federal funds sold & reverse repurchase agreements
  • $22,945Net loans & leases
  • $333Loan loss allowance
  • $0Trading account assets
  • $425Bank premises and fixed assets
  • $61Other real estate owned
  • $0Goodwill and other intangibles
  • $70,901Life insurance assets
  • $875All other assets
  • $58,117Total liabilities and capital
  • $57,872Total liabilities
  • $49,423Total deposits
  • $57,872Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $245Subordinated debt
  • $12,784All other liabilities
  • $12,784Total equity capital
  • $12,784Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $500Surplus
  • $12,184Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $150Income earned, not collected on loans
  • $0Earning assets
  • $427Long-term assets (5+ years)
  • $67,369Average Assets, year-to-date
  • $22,497Average Assets, quarterly
  • $69,287Volatile liabilities
  • $70,309Insider loans
  • $27,213FHLB advances
  • $72,111Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,633Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $558Restructured Loans and leases
  • $168Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,753Total interest income
  • $547Total interest expense
  • $2,206Net interest income
  • $86Provision for loan and lease losses
  • $80Total noninterest income
  • $0Fiduciary activities
  • $37Service charges on deposit accounts
  • $0Trading account gains & fees
  • $43Additional noninterest income
  • $1,125Total noninterest expense
  • $625Salaries and employee benefits
  • $204Premises and equipment expense
  • $296Additional noninterest expense
  • $1,075Pre-tax net operating income
  • $13Securities gains (losses)
  • $193Applicable income taxes
  • $895Income before extraordinary items
  • $0Extraordinary gains - net
  • $895Net income attributable to bank
  • $0Net charge-offs
  • $895Cash dividends
  • $74Sale, conversion, retirement of capital stock, net
  • $160Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.17%Yield on earning assets
  • 0.83%Cost of funding earning assets
  • 3.34%Net interest margin
  • 0.12%Noninterest income to earning assets
  • 1.70%Noninterest expense to earning assets
  • 1.28%Net operating income to assets
  • 1.29%Return on assets (ROA)
  • 1.57%Pretax return on assets
  • 7.23%Return on equity (ROE)
  • 5.94%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 116.22%Credit loss provision to net charge-offs
  • 15.69%Efficiency ratio
  • 49,213Assets per employee
  • 5.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 17.88%Loss allowance to loans
  • 1.43%Loss allowance to noncurrent loans
  • 222.00%Noncurrent assets plus other real estate owned to assets
  • 0.30%Noncurrent loans to loans
  • 0.64%Net loans and leases to deposits
  • 39.65%Net loans and leases to core deposits
  • 41.03%Equity capital to assets
  • 18.03%Core capital (leverage) ratio
  • 17.52%Tier 1 risk-based capital ratio
  • 46.42%Total risk-based capital ratio
  • Memoranda
  • $48Average assets
  • $69,287Average earning assets
  • $12,375Average equity
  • $66,000Average loans

List of branches

  • 2 Arkansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03837Logan County Bank600 Main Street, Scranton, AR 72863April 04, 1926Full Service Brick and Mortar
    1207920Conrad Street Branch57 East State Highway 197, Subiaco, AR 72865December 01, 1988Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Logan County Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents