FDIC Certificate #: 5606 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Peoples Bank & Trust Company (#860) Federal Reserve ID: 415033 Date Established: January 01, 1902 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 3817 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: January 01, 1934 Last Structure Change Effective Date: April 13, 1998 Last Structure Change Process Date: April 27, 1998 Last Data Update: April 27, 1998 Data Source Date: April 05, 2012
Location
Address: 835 Main Street, Montevallo, AL 35115 County: Shelby Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Shelby Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Birmingham, AL (#1000) Combined Statistical Area (CSA): Birmingham-Hoover-Cullman, AL (#142) Core Based Statistical Area (CBSA): Birmingham-Hoover, AL (#13820) CBSA Metro Statistical Area: Birmingham-Hoover, AL (#13820)
Financial Summary
Total assets: $81.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
28Total employees (full-time equivalent)
$66,344Total assets
$1,934Cash and due from depository institutions
$0Interest-bearing balances
$31,810Securities
$3,405Federal funds sold & reverse repurchase agreements
$27,981Net loans & leases
$425Loan loss allowance
$0Trading account assets
$368Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$846All other assets
$66,344Total liabilities and capital
$55,695Total liabilities
$54,956Total deposits
$48,992Interest-bearing deposits
$54,956Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$469Other borrowed funds
$0Subordinated debt
$270All other liabilities
$10,649Total equity capital
$10,649Total bank equity capital
$10,649Perpetual preferred stock
$7Common stock
$24Surplus
$1,176Undivided profits
Memoranda
$9,442Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$137Earning assets
$0Long-term assets (5+ years)
$283Average Assets, year-to-date
$63,196Average Assets, quarterly
$22,658Volatile liabilities
$67,092Insider loans
$67,558FHLB advances
$4,675Loans and leases held for sale
$1,394Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,052Total unused commitments
$0Restructured Loans and leases
$30,474Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$4,808Total interest income
$2,297Total interest expense
$2,511Net interest income
$38Provision for loan and lease losses
$369Total noninterest income
$0Fiduciary activities
$274Service charges on deposit accounts
$0Trading account gains & fees
$95Additional noninterest income
$1,609Total noninterest expense
$1,070Salaries and employee benefits
$164Premises and equipment expense
$375Additional noninterest expense
$1,233Pre-tax net operating income
$6Securities gains (losses)
$343Applicable income taxes
$896Income before extraordinary items
$0Extraordinary gains - net
$896Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$2Sale, conversion, retirement of capital stock, net
$214Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.56%Yield on earning assets
3.61%Cost of funding earning assets
3.95%Net interest margin
0.58%Noninterest income to earning assets
2.53%Noninterest expense to earning assets
1.33%Net operating income to assets
1.34%Return on assets (ROA)
1.85%Pretax return on assets
8.70%Return on equity (ROE)
6.62%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
-1900.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
55,868Assets per employee
2.37%Cash dividends to net income (YTD only)
Condition Ratios (%)
23.88%Loss allowance to loans
1.50%Loss allowance to noncurrent loans
310.22%Noncurrent assets plus other real estate owned to assets
0.21%Noncurrent loans to loans
0.48%Net loans and leases to deposits
50.92%Net loans and leases to core deposits
55.13%Equity capital to assets
16.05%Core capital (leverage) ratio
15.93%Tier 1 risk-based capital ratio
34.59%Total risk-based capital ratio
Memoranda
$36Average assets
$67,092Average earning assets
$10,295Average equity
$63,561Average loans
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