New South Bank in Batesville, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 1994

New South Bank in Batesville, Mississippi (MS)
Show street view No street view available for this location

New South Bank - Overview

General
FDIC Certificate #: 29391
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Renasant Bank (#12437)
Federal Reserve ID: 551472
Date Established: March 22, 1935
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 3377
FDIC's unique #: 42225
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
SAIF Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: March 22, 1935
Last Structure Change Effective Date: December 31, 1994
Last Structure Change Process Date: Febuary 06, 1995
Last Data Update: Febuary 06, 1995
Data Source Date: April 05, 2012
Location
Address: 100 Bates Street, Batesville, MS 38606
County: Panola
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Memphis
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $22.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$10Total assets
$20,768Cash and due from depository institutions
$299Interest-bearing balances
$209Securities
$837Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$18,892Loan loss allowance
$171Trading account assets
$0Bank premises and fixed assets
$403Other real estate owned
$0Goodwill and other intangibles
$265Life insurance assets
$72All other assets
$0Total liabilities and capital
$20,768Total liabilities
$19,006Total deposits
$18,968Interest-bearing deposits
$18,222Deposits held in domestic offices
18968.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$38Total equity capital
$38Total bank equity capital
$1,762Perpetual preferred stock
$0Common stock
$75Surplus
$597Undivided profits
Memoranda
$1,090Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$104Income earned, not collected on loans
$106Earning assets
$19,938Long-term assets (5+ years)
$9,524Average Assets, year-to-date
$20,687Average Assets, quarterly
$20,596Volatile liabilities
$2,200Insider loans
$8FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$917Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,690Total risk weighted assets
$12,910Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$1,735Total interest expense
$667Net interest income
$1,068Provision for loan and lease losses
$20Total noninterest income
$290Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$290Total noninterest expense
$675Salaries and employee benefits
$330Premises and equipment expense
$87Additional noninterest expense
$258Pre-tax net operating income
$663Securities gains (losses)
-$96Applicable income taxes
$279Income before extraordinary items
$288Extraordinary gains - net
$0Net income attributable to bank
$288Net charge-offs
$0Cash dividends
$140Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.75%Cost of funding earning assets
3.36%Net interest margin
5.39%Noninterest income to earning assets
1.46%Noninterest expense to earning assets
3.40%Net operating income to assets
1.69%Return on assets (ROA)
1.39%Pretax return on assets
2.74%Return on equity (ROE)
17.36%Retained earnings to average equity (YTD only)
8.92%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
47,791Assets per employee
2.08%Cash dividends to net income (YTD only)
Condition Ratios (%)
48.61%Loss allowance to loans
0.90%Loss allowance to noncurrent loans
164.42%Noncurrent assets plus other real estate owned to assets
0.50%Noncurrent loans to loans
0.55%Net loans and leases to deposits
99.60%Net loans and leases to core deposits
112.67%Equity capital to assets
8.48%Core capital (leverage) ratio
8.20%Tier 1 risk-based capital ratio
13.09%Total risk-based capital ratio
Memoranda
$14Average assets
$20,687Average earning assets
$1,659Average equity
$19,828Average loans

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 New South 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.