FDIC Certificate #: 58783 Status: Active Federal Reserve ID: 3720608 Date Established: March 31, 2008 WWW:http://www.oakworthcapital.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 467896 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: March 31, 2008 Last Structure Change Effective Date: Febuary 24, 2011 Last Structure Change Process Date: Febuary 24, 2011 Last Data Update: Febuary 24, 2011 Data Source Date: April 05, 2012
Location
Address: 2100 Southbridge Parkway, Suite 444, Birmingham, AL 35209 County: Jefferson Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Shelby Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Birmingham, AL (#1000) Combined Statistical Area (CSA): Birmingham-Hoover-Cullman, AL (#142) Core Based Statistical Area (CBSA): Birmingham-Hoover, AL (#13820) CBSA Metro Statistical Area: Birmingham-Hoover, AL (#13820)
History of Changes
Change in Geographic Region/Area/Territory/Field Office
Financial Summary
Total assets: $228.2 mil Equity capital: $38.4 mil Deposits held in domestic offices: $185.4 mil Return on assets (ROA): 0.79% ($1.8 mil) Quarterly return on assets: 0.66% ($1.5 mil) Return on Equity (ROE): 4.26% ($1.6 mil) Quarterly return on equity: 3.77% ($1.4 mil) Net income: $1.6 mil Quarterly Net income: $0.4 mil Pretax return on assets: 1.15% ($2,624.2 mil) Quarterly Pretax return on assets: 0.94% ($2,145.0 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
29Total employees (full-time equivalent)
$228,192Total assets
$37,678Cash and due from depository institutions
$34,291Interest-bearing balances
$39,031Securities
$2,850Federal funds sold & reverse repurchase agreements
$144,522Net loans & leases
$1,923Loan loss allowance
$0Trading account assets
$293Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$228,192Life insurance assets
$3,818All other assets
$189,773Total liabilities and capital
$185,367Total liabilities
$156,361Total deposits
$185,367Interest-bearing deposits
$53Deposits held in domestic offices
2405.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$2,001Subordinated debt
$38,419All other liabilities
$38,419Total equity capital
$38,419Total bank equity capital
$0Perpetual preferred stock
$18,409Common stock
$20,014Surplus
$-4Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$734Long-term assets (5+ years)
$220,694Average Assets, year-to-date
$42,223Average Assets, quarterly
$199,126Volatile liabilities
$216,886Insider loans
$173,381FHLB advances
$214,105Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$37,681Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$55,428Restructured Loans and leases
$7,092Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$7,961Total interest income
$821Total interest expense
$7,140Net interest income
$476Provision for loan and lease losses
$1,135Total noninterest income
$976Fiduciary activities
$96Service charges on deposit accounts
$0Trading account gains & fees
$63Additional noninterest income
$5,511Total noninterest expense
$3,572Salaries and employee benefits
$392Premises and equipment expense
$1,547Additional noninterest expense
$2,288Pre-tax net operating income
$0Securities gains (losses)
$720Applicable income taxes
$1,568Income before extraordinary items
$0Extraordinary gains - net
$1,568Net income attributable to bank
$0Net charge-offs
$1,568Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.14%Yield on earning assets
0.43%Cost of funding earning assets
3.72%Net interest margin
0.59%Noninterest income to earning assets
2.87%Noninterest expense to earning assets
0.79%Net operating income to assets
0.79%Return on assets (ROA)
1.15%Pretax return on assets
4.26%Return on equity (ROE)
4.26%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
66,598Assets per employee
7.87%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.31%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
77.97%Net loans and leases to core deposits
83.06%Equity capital to assets
16.84%Core capital (leverage) ratio
17.60%Tier 1 risk-based capital ratio
21.73%Total risk-based capital ratio
Memoranda
$23Average assets
$199,126Average earning assets
$36,782Average equity
$192,148Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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