FDIC Certificate #: 21456 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Simmons First Bank of South Arkansas (#18590) Federal Reserve ID: 522548 Date Established: March 04, 1974 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 11416 FDIC's unique #: 14841 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: March 04, 1974 Last Structure Change Effective Date: December 07, 2001 Last Structure Change Process Date: January 09, 2002 Last Data Update: January 09, 2002 Data Source Date: April 05, 2012
Location
Address: Highway 65 Near Highway 54, Dumas, AR 71639 County: Desha 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
Financial Summary
Total assets: $35.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
11Total employees (full-time equivalent)
$35,479Total assets
$2,263Cash and due from depository institutions
$5Interest-bearing balances
$9,988Securities
$810Federal funds sold & reverse repurchase agreements
$20,592Net loans & leases
$332Loan loss allowance
$0Trading account assets
$509Bank premises and fixed assets
$0Other real estate owned
$654Goodwill and other intangibles
$0Life insurance assets
$663All other assets
$35,479Total liabilities and capital
$31,547Total liabilities
$31,068Total deposits
$27,457Interest-bearing deposits
$31,068Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$479All other liabilities
$3,932Total equity capital
$3,932Total bank equity capital
$3,932Perpetual preferred stock
$0Common stock
$300Surplus
$3,320Undivided profits
Memoranda
$312Noncurrent loans and leases
$1,261Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$85Earning assets
$0Long-term assets (5+ years)
$391Average Assets, year-to-date
$31,395Average Assets, quarterly
$4,080Volatile liabilities
$34,337Insider loans
$35,117FHLB advances
$8,608Loans and leases held for sale
$859Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,261Total unused commitments
$0Restructured Loans and leases
$298Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$2,529Total interest income
$1,262Total interest expense
$1,267Net interest income
$42Provision for loan and lease losses
$345Total noninterest income
$0Fiduciary activities
$291Service charges on deposit accounts
$0Trading account gains & fees
$54Additional noninterest income
$784Total noninterest expense
$348Salaries and employee benefits
$78Premises and equipment expense
$358Additional noninterest expense
$786Pre-tax net operating income
$0Securities gains (losses)
$237Applicable income taxes
$549Income before extraordinary items
$0Extraordinary gains - net
$549Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$31Sale, conversion, retirement of capital stock, net
$274Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.24%Yield on earning assets
4.11%Cost of funding earning assets
4.13%Net interest margin
1.12%Noninterest income to earning assets
2.55%Noninterest expense to earning assets
1.60%Net operating income to assets
1.60%Return on assets (ROA)
2.29%Pretax return on assets
14.63%Return on equity (ROE)
7.33%Retained earnings to average equity (YTD only)
0.15%Net charge-offs to loans
135.48%Credit loss provision to net charge-offs
26.71%Efficiency ratio
44,231Assets per employee
3.23%Cash dividends to net income (YTD only)
Condition Ratios (%)
49.91%Loss allowance to loans
1.59%Loss allowance to noncurrent loans
390.59%Noncurrent assets plus other real estate owned to assets
0.24%Noncurrent loans to loans
0.41%Net loans and leases to deposits
66.28%Net loans and leases to core deposits
91.68%Equity capital to assets
11.08%Core capital (leverage) ratio
9.62%Tier 1 risk-based capital ratio
13.77%Total risk-based capital ratio
Memoranda
$15Average assets
$34,337Average earning assets
$3,752Average equity
$30,709Average loans
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