FDIC Certificate #: 17587 Status: Active Federal Reserve ID: 844138 Date Established: May 01, 1956 WWW:http://www.simmesportstatebank.net Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 11559 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: All Other Specialization < 1 Billion Date of Deposit Insurance: May 01, 1956 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: Highway 1 And Laurel Street, Simmesport, LA 71369 County: Avoyelles 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $62.8 mil Equity capital: $8.5 mil Deposits held in domestic offices: $54.3 mil Return on assets (ROA): 0.90% ($0.6 mil) Quarterly return on assets: 0.44% ($0.3 mil) Return on Equity (ROE): 6.71% ($0.5 mil) Quarterly return on equity: 3.29% ($0.3 mil) Net income: $0.6 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.32% ($829.3 mil) Quarterly Pretax return on assets: 0.39% ($245.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
17Total employees (full-time equivalent)
$62,828Total assets
$4,578Cash and due from depository institutions
$748Interest-bearing balances
$5,782Securities
$7,750Federal funds sold & reverse repurchase agreements
$43,196Net loans & leases
$525Loan loss allowance
$0Trading account assets
$554Bank premises and fixed assets
$367Other real estate owned
$0Goodwill and other intangibles
$62,828Life insurance assets
$601All other assets
$54,358Total liabilities and capital
$54,316Total liabilities
$44,254Total deposits
$54,316Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$42Subordinated debt
$8,470All other liabilities
$8,470Total equity capital
$8,470Total bank equity capital
$0Perpetual preferred stock
$75Common stock
$1,277Surplus
$7,118Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,049Income earned, not collected on loans
$0Earning assets
$346Long-term assets (5+ years)
$57,476Average Assets, year-to-date
$5,663Average Assets, quarterly
$61,984Volatile liabilities
$63,071Insider loans
$38,893FHLB advances
$63,932Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,364Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,488Restructured Loans and leases
$1,076Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,574Total interest income
$907Total interest expense
$2,667Net interest income
$180Provision for loan and lease losses
$205Total noninterest income
$0Fiduciary activities
$186Service charges on deposit accounts
$0Trading account gains & fees
$19Additional noninterest income
$1,875Total noninterest expense
$797Salaries and employee benefits
$133Premises and equipment expense
$945Additional noninterest expense
$817Pre-tax net operating income
$0Securities gains (losses)
$262Applicable income taxes
$555Income before extraordinary items
$0Extraordinary gains - net
$555Net income attributable to bank
$0Net charge-offs
$555Cash dividends
$199Sale, conversion, retirement of capital stock, net
$131Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.19%Yield on earning assets
1.57%Cost of funding earning assets
4.62%Net interest margin
0.36%Noninterest income to earning assets
3.25%Noninterest expense to earning assets
0.90%Net operating income to assets
0.90%Return on assets (ROA)
1.32%Pretax return on assets
6.71%Return on equity (ROE)
5.12%Retained earnings to average equity (YTD only)
0.45%Net charge-offs to loans
90.45%Credit loss provision to net charge-offs
5.01%Efficiency ratio
65,286Assets per employee
3.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
23.60%Loss allowance to loans
1.20%Loss allowance to noncurrent loans
50.05%Noncurrent assets plus other real estate owned to assets
2.25%Noncurrent loans to loans
2.40%Net loans and leases to deposits
79.53%Net loans and leases to core deposits
84.05%Equity capital to assets
13.48%Core capital (leverage) ratio
13.08%Tier 1 risk-based capital ratio
21.51%Total risk-based capital ratio
Memoranda
$23Average assets
$61,984Average earning assets
$8,275Average equity
$57,731Average loans
List of branches
1 Louisiana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
11559
Simmesport State Bank
Highway 1 And Laurel Street, Simmesport, LA 71369
May 01, 1956
Full Service Brick and Mortar
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