Piggott State Bank in Piggott, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Piggott State Bank in Piggott, Arkansas (AR)
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Piggott State Bank routing number info

Piggott State Bank - Overview

  • General
  • FDIC Certificate #: 5628
    Status: Active
    Federal Reserve ID: 173342
    Bank Holding Company (Regulatory Top Holder): Piggott Bankstock, Inc. (RSSDID: 1098321, Location: Piggott, AR)
    Date Established: March 10, 1930
    WWW: http://www.piggottstatebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 3834
    Numeric code: 13
    Regulator: FED
    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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 05, 2010
    Last Structure Change Process Date: December 16, 2010
    Last Data Update: December 16, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 271 West Cherry Street, Piggott, AR 72454
    County: Clay
    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: Western
  • History of Changes
  • Change in Supervisory Agency
    Change in Primary Regulatory Agency
    Institution Becomes a Member of FRS (Federal Reserve System)
  • Financial Summary
  • Total assets: $78.3 mil
    Equity capital: $8.7 mil
    Deposits held in domestic offices: $68.0 mil
    Return on assets (ROA): 1.49% ($1.2 mil)
    Quarterly return on assets: 1.28% ($1.0 mil)
    Return on Equity (ROE): 13.75% ($1.2 mil)
    Quarterly return on equity: 11.44% ($1.0 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 2.05% ($1,606.0 mil)
    Quarterly Pretax return on assets: 1.72% ($1,347.4 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, 2011)

  • Dollar figures in thousands
  • 16Total employees (full-time equivalent)
  • $78,340Total assets
  • $15,409Cash and due from depository institutions
  • $14,478Interest-bearing balances
  • $32,789Securities
  • $1,900Federal funds sold & reverse repurchase agreements
  • $27,031Net loans & leases
  • $670Loan loss allowance
  • $0Trading account assets
  • $555Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $78,340Life insurance assets
  • $656All other assets
  • $69,648Total liabilities and capital
  • $67,980Total liabilities
  • $60,798Total deposits
  • $67,980Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $785Trading liabilities
  • $0Other borrowed funds
  • $883Subordinated debt
  • $8,692All other liabilities
  • $8,692Total equity capital
  • $8,692Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $975Surplus
  • $7,617Undivided 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
  • $337Long-term assets (5+ years)
  • $76,198Average Assets, year-to-date
  • $35,965Average Assets, quarterly
  • $76,600Volatile liabilities
  • $77,523Insider loans
  • $30,256FHLB advances
  • $78,233Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,563Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,918Restructured Loans and leases
  • $154Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,177Total interest income
  • $505Total interest expense
  • $2,672Net interest income
  • $0Provision for loan and lease losses
  • $375Total noninterest income
  • $0Fiduciary activities
  • $265Service charges on deposit accounts
  • $0Trading account gains & fees
  • $110Additional noninterest income
  • $1,704Total noninterest expense
  • $728Salaries and employee benefits
  • $211Premises and equipment expense
  • $765Additional noninterest expense
  • $1,343Pre-tax net operating income
  • $227Securities gains (losses)
  • $427Applicable income taxes
  • $1,143Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,143Net income attributable to bank
  • $0Net charge-offs
  • $1,143Cash dividends
  • $9Sale, conversion, retirement of capital stock, net
  • $850Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.28%Yield on earning assets
  • 0.68%Cost of funding earning assets
  • 3.60%Net interest margin
  • 0.50%Noninterest income to earning assets
  • 2.29%Noninterest expense to earning assets
  • 1.28%Net operating income to assets
  • 1.49%Return on assets (ROA)
  • 2.05%Pretax return on assets
  • 13.75%Return on equity (ROE)
  • 3.52%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 149.22%Efficiency ratio
  • 55,924Assets per employee
  • 4.90%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 74.37%Loss allowance to loans
  • 2.42%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
  • 39.76%Net loans and leases to core deposits
  • 43.25%Equity capital to assets
  • 11.10%Core capital (leverage) ratio
  • 9.67%Tier 1 risk-based capital ratio
  • 25.00%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $76,600Average earning assets
  • $8,315Average equity
  • $74,266Average loans

List of branches

  • 2 Arkansas Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    03834Piggott State Bank271 West Cherry Street, Piggott, AR 72454March 10, 1930Full Service Brick and Mortar
    1207917Drive-In Branch182 North Second Street, Piggott, AR 72454January 06, 1969Limited Service Facility

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