Mobile County Bank in Grand Bay, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 03, 2002

  • Mobile County Bank in Grand Bay, Alabama (AL)
  • Show street view No street view available for this location

Mobile County Bank - Overview

  • General
  • FDIC Certificate #: 26343
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Century Bank (#11448)
    Federal Reserve ID: 548735
    Date Established: August 31, 1985
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 32883
    Numeric code: 13
    Regulator: FED
    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: August 31, 1985
    Last Structure Change Effective Date: June 03, 2002
    Last Structure Change Process Date: July 15, 2002
    Last Data Update: July 15, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: Union Church Road And Highway 90, Grand Bay, AL 36541
    County: Mobile
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Pensacola
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Mobile, AL (#5160)
    Combined Statistical Area (CSA): Mobile-Daphne-Fairhope, AL (#380)
    Core Based Statistical Area (CBSA): Mobile, AL (#33660)
    CBSA Metro Statistical Area: Mobile, AL (#33660)
  • Financial Summary
  • Total assets: $38.8 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
  • 19Total employees (full-time equivalent)
  • $40,285Total assets
  • $3,412Cash and due from depository institutions
  • $100Interest-bearing balances
  • $8,332Securities
  • $5,825Federal funds sold & reverse repurchase agreements
  • $20,647Net loans & leases
  • $264Loan loss allowance
  • $0Trading account assets
  • $1,504Bank premises and fixed assets
  • $13Other real estate owned
  • $92Goodwill and other intangibles
  • $0Life insurance assets
  • $460All other assets
  • $40,285Total liabilities and capital
  • $37,053Total liabilities
  • $36,840Total deposits
  • $28,145Interest-bearing deposits
  • $36,840Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $213All other liabilities
  • $3,232Total equity capital
  • $3,232Total bank equity capital
  • $3,232Perpetual preferred stock
  • $0Common stock
  • $250Surplus
  • $760Undivided profits
  • Memoranda
  • $2,222Noncurrent loans and leases
  • $685Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $42Earning assets
  • $0Long-term assets (5+ years)
  • $266Average Assets, year-to-date
  • $34,904Average Assets, quarterly
  • $2,068Volatile liabilities
  • $37,226Insider loans
  • $38,774FHLB advances
  • $4,224Loans and leases held for sale
  • $600Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $685Total unused commitments
  • $0Restructured Loans and leases
  • $264Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $2,654Total interest income
  • $1,128Total interest expense
  • $1,526Net interest income
  • $92Provision for loan and lease losses
  • $479Total noninterest income
  • $0Fiduciary activities
  • $418Service charges on deposit accounts
  • $0Trading account gains & fees
  • $61Additional noninterest income
  • $1,471Total noninterest expense
  • $630Salaries and employee benefits
  • $217Premises and equipment expense
  • $624Additional noninterest expense
  • $442Pre-tax net operating income
  • $0Securities gains (losses)
  • $96Applicable income taxes
  • $346Income before extraordinary items
  • $0Extraordinary gains - net
  • $346Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $92Sale, conversion, retirement of capital stock, net
  • $99Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.13%Yield on earning assets
  • 3.46%Cost of funding earning assets
  • 4.68%Net interest margin
  • 1.47%Noninterest income to earning assets
  • 4.51%Noninterest expense to earning assets
  • 0.93%Net operating income to assets
  • 0.93%Return on assets (ROA)
  • 1.19%Pretax return on assets
  • 11.20%Return on equity (ROE)
  • 8.00%Retained earnings to average equity (YTD only)
  • 0.45%Net charge-offs to loans
  • 100.00%Credit loss provision to net charge-offs
  • 5.80%Efficiency ratio
  • 72,968Assets per employee
  • 2.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 28.61%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 628.57%Noncurrent assets plus other real estate owned to assets
  • 0.14%Noncurrent loans to loans
  • 0.20%Net loans and leases to deposits
  • 56.05%Net loans and leases to core deposits
  • 63.30%Equity capital to assets
  • 8.02%Core capital (leverage) ratio
  • 7.82%Tier 1 risk-based capital ratio
  • 11.55%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $37,226Average earning assets
  • $3,089Average equity
  • $32,636Average loans

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