FDIC Certificate #: 58202 Status: Inactive Closing history: Change in Location Acquiring institution:Omni Bank (#27397) Federal Reserve ID: 3379293 Date Established: November 15, 2005 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 441955 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: November 15, 2005 Last Structure Change Effective Date: June 20, 2008 Last Structure Change Process Date: July 09, 2008 Last Data Update: July 09, 2008 Data Source Date: April 05, 2012
Location
Address: 7054 Jefferson Highway, Baton Rouge, LA 70806 County: East Baton Rouge Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Baton Rouge Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Baton Rouge, LA (#760) Combined Statistical Area (CSA): Baton Rouge-Pierre Part, LA (#132) Core Based Statistical Area (CBSA): Baton Rouge, LA (#12940) CBSA Metro Statistical Area: Baton Rouge, LA (#12940)
History of Changes
Merger - Without Assistance
Change in Location
Financial Summary
Total assets: $44.3 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2007)
Dollar figures in thousands
19Total employees (full-time equivalent)
$48,543Total assets
$785Cash and due from depository institutions
$0Interest-bearing balances
$0Securities
$11,175Federal funds sold & reverse repurchase agreements
$32,307Net loans & leases
$387Loan loss allowance
$0Trading account assets
$3,069Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,207All other assets
$48,543Total liabilities and capital
$44,321Total liabilities
$43,896Total deposits
$40,227Interest-bearing deposits
$43,896Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$425All other liabilities
$4,222Total equity capital
$4,222Total bank equity capital
$4,222Perpetual preferred stock
$0Common stock
$1,000Surplus
$5,253Undivided profits
Memoranda
$-2,031Noncurrent loans and leases
$26,476Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$240Average Assets, year-to-date
$43,482Average Assets, quarterly
$145Volatile liabilities
$40,409Insider loans
$46,447FHLB advances
$19,563Loans and leases held for sale
$1,433Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$26,476Total unused commitments
$0Restructured Loans and leases
$387Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$3,189Total interest income
$1,484Total interest expense
$1,705Net interest income
$175Provision for loan and lease losses
$67Total noninterest income
$0Fiduciary activities
$28Service charges on deposit accounts
$0Trading account gains & fees
$39Additional noninterest income
$2,905Total noninterest expense
$1,380Salaries and employee benefits
$735Premises and equipment expense
$790Additional noninterest expense
-$1,308Pre-tax net operating income
$0Securities gains (losses)
-$465Applicable income taxes
-$843Income before extraordinary items
$0Extraordinary gains - net
-$843Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.33%Yield on earning assets
4.34%Cost of funding earning assets
4.99%Net interest margin
0.20%Noninterest income to earning assets
8.50%Noninterest expense to earning assets
-2.09%Net operating income to assets
-2.09%Return on assets (ROA)
-3.24%Pretax return on assets
-22.05%Return on equity (ROE)
-22.05%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
163,939Assets per employee
2.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.18%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
73.60%Net loans and leases to core deposits
132.77%Equity capital to assets
8.70%Core capital (leverage) ratio
8.55%Tier 1 risk-based capital ratio
11.37%Total risk-based capital ratio
Memoranda
$12Average assets
$40,409Average earning assets
$3,823Average equity
$34,185Average loans
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