Mississippi National Bankers Bank in Ridgeland, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 31, 2011

  • Mississippi National Bankers Bank in Ridgeland, Mississippi (MS)
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Mississippi National Bankers Bank - Overview

  • General
  • FDIC Certificate #: 57118
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First National Banker's Bank (#25247)
    Federal Reserve ID: 2951683
    Date Established: December 27, 2000
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 357995
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: December 27, 2000
    Last Structure Change Effective Date: March 31, 2011
    Last Structure Change Process Date: April 12, 2011
    Last Data Update: April 12, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 Concourse Boulevard, Ridgeland, MS 39157
    County: Madison
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Jackson Ms
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Jackson, MS (#3560)
    Combined Statistical Area (CSA): Jackson-Yazoo City, MS (#298)
    Core Based Statistical Area (CBSA): Jackson, MS (#27140)
    CBSA Metro Statistical Area: Jackson, MS (#27140)
  • Financial Summary
  • Total assets: $132.9 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, 2010)

  • Dollar figures in thousands
  • 11Total employees (full-time equivalent)
  • $132,865Total assets
  • $57,366Cash and due from depository institutions
  • $56,969Interest-bearing balances
  • $2,038Securities
  • $15,325Federal funds sold & reverse repurchase agreements
  • $52,297Net loans & leases
  • $1,270Loan loss allowance
  • $0Trading account assets
  • $2,217Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $2,027Life insurance assets
  • $3,622All other assets
  • $132,865Total liabilities and capital
  • $112,605Total liabilities
  • $28,505Total deposits
  • $0Interest-bearing deposits
  • $28,505Deposits held in domestic offices
  • 92.90%% insured (estimated)
  • $83,325Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $775All other liabilities
  • $20,260Total equity capital
  • $20,260Total bank equity capital
  • $20,260Perpetual preferred stock
  • $0Common stock
  • $610Surplus
  • $18,546Undivided profits
  • Memoranda
  • $1,104Noncurrent loans and leases
  • $5,258Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,143Earning assets
  • $0Long-term assets (5+ years)
  • $288Average Assets, year-to-date
  • $126,629Average Assets, quarterly
  • $7,590Volatile liabilities
  • $163,232Insider loans
  • $148,905FHLB advances
  • $83,325Loans and leases held for sale
  • $2,696Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,258Total unused commitments
  • $756Restructured Loans and leases
  • $775Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $2,827Total interest income
  • $126Total interest expense
  • $2,701Net interest income
  • $1,100Provision for loan and lease losses
  • $749Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $749Additional noninterest income
  • $2,336Total noninterest expense
  • $1,321Salaries and employee benefits
  • $189Premises and equipment expense
  • $826Additional noninterest expense
  • $14Pre-tax net operating income
  • $0Securities gains (losses)
  • -$33Applicable income taxes
  • $47Income before extraordinary items
  • $0Extraordinary gains - net
  • $47Net income attributable to bank
  • $0Net charge-offs
  • $47Cash dividends
  • $1,406Sale, conversion, retirement of capital stock, net
  • $366Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 1.80%Yield on earning assets
  • 0.08%Cost of funding earning assets
  • 1.72%Net interest margin
  • 0.48%Noninterest income to earning assets
  • 1.49%Noninterest expense to earning assets
  • 0.03%Net operating income to assets
  • 0.03%Return on assets (ROA)
  • 0.01%Pretax return on assets
  • 0.23%Return on equity (ROE)
  • -1.55%Retained earnings to average equity (YTD only)
  • 2.48%Net charge-offs to loans
  • 78.24%Credit loss provision to net charge-offs
  • 0.79%Efficiency ratio
  • 67,710Assets per employee
  • 12.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 778.72%Loss allowance to loans
  • 2.37%Loss allowance to noncurrent loans
  • 40.41%Noncurrent assets plus other real estate owned to assets
  • 2.37%Noncurrent loans to loans
  • 5.87%Net loans and leases to deposits
  • 183.47%Net loans and leases to core deposits
  • 183.47%Equity capital to assets
  • 15.25%Core capital (leverage) ratio
  • 11.64%Tier 1 risk-based capital ratio
  • 32.98%Total risk-based capital ratio
  • Memoranda
  • $34Average assets
  • $163,232Average earning assets
  • $20,544Average equity
  • $156,980Average loans

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