FDIC Certificate #: 21232 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Delta Bank (#26564) Federal Reserve ID: 180153 Date Established: October 01, 1973 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 10203 FDIC's unique #: 14684 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: October 01, 1973 Last Structure Change Effective Date: January 01, 2002 Last Structure Change Process Date: Febuary 20, 2002 Last Data Update: Febuary 20, 2002 Data Source Date: April 05, 2012
Location
Address: 302 Louisiana Avenue, Ferriday, LA 71334 County: Concordia 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 Core Based Statistical Area (CBSA): Natchez, MS-LA (#35020) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $76.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
23Total employees (full-time equivalent)
$76,202Total assets
$4,619Cash and due from depository institutions
$2,407Interest-bearing balances
$20,062Securities
$6,900Federal funds sold & reverse repurchase agreements
$42,414Net loans & leases
$875Loan loss allowance
$0Trading account assets
$696Bank premises and fixed assets
$4Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,507All other assets
$76,202Total liabilities and capital
$70,349Total liabilities
$68,524Total deposits
$59,182Interest-bearing deposits
$68,524Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$604Other borrowed funds
$0Subordinated debt
$1,221All other liabilities
$5,853Total equity capital
$5,853Total bank equity capital
$5,853Perpetual preferred stock
$0Common stock
$578Surplus
$1,422Undivided profits
Memoranda
$3,853Noncurrent loans and leases
$4,028Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$671Earning assets
$7Long-term assets (5+ years)
$666Average Assets, year-to-date
$71,783Average Assets, quarterly
$15,280Volatile liabilities
$71,870Insider loans
$75,728FHLB advances
$20,698Loans and leases held for sale
$668Unused loan commitments
$604Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,028Total unused commitments
$6Restructured Loans and leases
$549Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$5,586Total interest income
$2,606Total interest expense
$2,980Net interest income
$168Provision for loan and lease losses
$889Total noninterest income
$0Fiduciary activities
$718Service charges on deposit accounts
$0Trading account gains & fees
$171Additional noninterest income
$2,524Total noninterest expense
$930Salaries and employee benefits
$301Premises and equipment expense
$1,293Additional noninterest expense
$1,177Pre-tax net operating income
$142Securities gains (losses)
$436Applicable income taxes
$883Income before extraordinary items
$0Extraordinary gains - net
$883Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$110Sale, conversion, retirement of capital stock, net
$293Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.30%Yield on earning assets
3.87%Cost of funding earning assets
4.43%Net interest margin
1.32%Noninterest income to earning assets
3.75%Noninterest expense to earning assets
1.10%Net operating income to assets
1.23%Return on assets (ROA)
1.84%Pretax return on assets
15.75%Return on equity (ROE)
10.52%Retained earnings to average equity (YTD only)
0.25%Net charge-offs to loans
152.73%Credit loss provision to net charge-offs
12.23%Efficiency ratio
65,236Assets per employee
3.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
33.18%Loss allowance to loans
2.02%Loss allowance to noncurrent loans
130.40%Noncurrent assets plus other real estate owned to assets
0.89%Noncurrent loans to loans
1.55%Net loans and leases to deposits
61.90%Net loans and leases to core deposits
88.59%Equity capital to assets
7.68%Core capital (leverage) ratio
7.76%Tier 1 risk-based capital ratio
13.45%Total risk-based capital ratio
Memoranda
$15Average assets
$71,870Average earning assets
$5,608Average equity
$67,340Average loans
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