SINCLAIR NATIONAL BANK in Gravette, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 07, 2001

  • SINCLAIR NATIONAL BANK in Gravette, Arkansas (AR)
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SINCLAIR NATIONAL BANK - Overview

  • General
  • FDIC Certificate #: 34248
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Delta Trust & Bank (#92)
    Federal Reserve ID: 2505004
    Date Established: October 16, 1996
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 57007
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: October 16, 1996
    Last Structure Change Effective Date: September 07, 2001
    Last Structure Change Process Date: September 10, 2001
    Last Data Update: September 10, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 113 S.E. Second Street, Gravette, AR 72736
    County: Benton
    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
    Metropolitan Statistical Area (MSA): Fayetteville-Springdale-Rogers, AR (#2580)
    Core Based Statistical Area (CBSA): Fayetteville-Springdale-Rogers, AR-MO (#22220)
    CBSA Metro Statistical Area: Fayetteville-Springdale-Rogers, AR-MO (#22220)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $29.8 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 21Total employees (full-time equivalent)
  • $25,439Total assets
  • $486Cash and due from depository institutions
  • $21Interest-bearing balances
  • $2,934Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $19,211Net loans & leases
  • $298Loan loss allowance
  • $0Trading account assets
  • $1,219Bank premises and fixed assets
  • $294Other real estate owned
  • $996Goodwill and other intangibles
  • $0Life insurance assets
  • $299All other assets
  • $25,439Total liabilities and capital
  • $22,148Total liabilities
  • $20,361Total deposits
  • $19,351Interest-bearing deposits
  • $20,361Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $660Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $858Other borrowed funds
  • $0Subordinated debt
  • $269All other liabilities
  • $3,291Total equity capital
  • $3,291Total bank equity capital
  • $3,291Perpetual preferred stock
  • $0Common stock
  • $800Surplus
  • $3,950Undivided profits
  • Memoranda
  • $-1,459Noncurrent loans and leases
  • $709Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $666Earning assets
  • $0Long-term assets (5+ years)
  • $178Average Assets, year-to-date
  • $22,166Average Assets, quarterly
  • $8,690Volatile liabilities
  • $26,224Insider loans
  • $26,464FHLB advances
  • $6,317Loans and leases held for sale
  • $9Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $709Total unused commitments
  • $0Restructured Loans and leases
  • $222Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $1,977Total interest income
  • $1,049Total interest expense
  • $928Net interest income
  • $266Provision for loan and lease losses
  • $79Total noninterest income
  • $0Fiduciary activities
  • $56Service charges on deposit accounts
  • $0Trading account gains & fees
  • $23Additional noninterest income
  • $2,230Total noninterest expense
  • $694Salaries and employee benefits
  • $241Premises and equipment expense
  • $1,295Additional noninterest expense
  • -$1,489Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$1,489Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,489Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $160Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.65%Yield on earning assets
  • 4.59%Cost of funding earning assets
  • 4.06%Net interest margin
  • 0.35%Noninterest income to earning assets
  • 9.76%Noninterest expense to earning assets
  • -5.68%Net operating income to assets
  • -5.68%Return on assets (ROA)
  • -5.68%Pretax return on assets
  • -40.56%Return on equity (ROE)
  • -40.56%Retained earnings to average equity (YTD only)
  • 0.85%Net charge-offs to loans
  • 166.25%Credit loss provision to net charge-offs
  • -7.64%Efficiency ratio
  • 215,988Assets per employee
  • 1.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.53%Loss allowance to noncurrent loans
  • 44.74%Noncurrent assets plus other real estate owned to assets
  • 3.77%Noncurrent loans to loans
  • 3.41%Net loans and leases to deposits
  • 94.35%Net loans and leases to core deposits
  • 126.77%Equity capital to assets
  • 12.94%Core capital (leverage) ratio
  • 9.33%Tier 1 risk-based capital ratio
  • 12.82%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $26,224Average earning assets
  • $3,671Average equity
  • $22,845Average loans

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