FDIC Certificate #: 29442 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:IBERIABANK fsb (#33538) Federal Reserve ID: 260671 Date Established: January 01, 1934 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 3455 FDIC's unique #: 42276 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes Oakar Institutions: Yes State Chartered: No Date of Deposit Insurance: October 28, 1935 Last Structure Change Effective Date: June 17, 2002 Last Structure Change Process Date: June 25, 2002 Last Data Update: June 25, 2002 Data Source Date: April 05, 2012
Location
Address: 522 Third St, Newport, AR 72112 County: Jackson Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Little Rock Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $38.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
13Total employees (full-time equivalent)
$39,267Total assets
$2,746Cash and due from depository institutions
$2,436Interest-bearing balances
$6,747Securities
$0Federal funds sold & reverse repurchase agreements
$27,291Net loans & leases
$98Loan loss allowance
$0Trading account assets
$1,359Bank premises and fixed assets
$17Other real estate owned
$59Goodwill and other intangibles
$0Life insurance assets
$1,048All other assets
$39,267Total liabilities and capital
$34,777Total liabilities
$29,228Total deposits
$29,228Interest-bearing deposits
$29,228Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$5,365Other borrowed funds
$0Subordinated debt
$184All other liabilities
$4,490Total equity capital
$4,490Total bank equity capital
$4,490Perpetual preferred stock
$0Common stock
$100Surplus
$1,810Undivided profits
Memoranda
$2,580Noncurrent loans and leases
$276Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$577Earning assets
$0Long-term assets (5+ years)
$285Average Assets, year-to-date
$36,474Average Assets, quarterly
$0Volatile liabilities
$42,226Insider loans
$39,736FHLB advances
$9,341Loans and leases held for sale
$701Unused loan commitments
$5,365Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$276Total unused commitments
$5Restructured Loans and leases
$98Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$2,893Total interest income
$1,779Total interest expense
$1,114Net interest income
$80Provision for loan and lease losses
$164Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$164Additional noninterest income
$1,051Total noninterest expense
$442Salaries and employee benefits
$237Premises and equipment expense
$372Additional noninterest expense
$147Pre-tax net operating income
$0Securities gains (losses)
$84Applicable income taxes
$63Income before extraordinary items
$0Extraordinary gains - net
$63Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$52Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.36%Yield on earning assets
4.52%Cost of funding earning assets
2.83%Net interest margin
0.42%Noninterest income to earning assets
2.67%Noninterest expense to earning assets
0.15%Net operating income to assets
0.15%Return on assets (ROA)
0.35%Pretax return on assets
1.41%Return on equity (ROE)
1.41%Retained earnings to average equity (YTD only)
0.19%Net charge-offs to loans
153.85%Credit loss provision to net charge-offs
4.37%Efficiency ratio
81,847Assets per employee
3.02%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.36%Loss allowance to noncurrent loans
16.98%Noncurrent assets plus other real estate owned to assets
1.51%Noncurrent loans to loans
2.11%Net loans and leases to deposits
93.37%Net loans and leases to core deposits
108.07%Equity capital to assets
11.43%Core capital (leverage) ratio
11.30%Tier 1 risk-based capital ratio
22.59%Total risk-based capital ratio
Memoranda
$23Average assets
$42,226Average earning assets
$4,466Average equity
$39,328Average loans
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