Smackover State Bank in city_name, state_name - Detailed Financial Reports, Location

Smackover State Bank in Smackover, Arkansas (AR)
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Smackover State Bank routing number info

Smackover State Bank - Overview

General
FDIC Certificate #: 5623
Status: Active
Federal Reserve ID: 676049
Bank Holding Company (Regulatory Top Holder): Smackover Bancshares, Inc. (RSSDID: 1098264, Location: Smackover, AR)
Date Established: April 18, 1928
WWW: http://www.smackoverbank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 3830
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: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: January 01, 1934
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: 708 North Broadway, Smackover, AR 71762
County: Union
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Shreveport
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Core Based Statistical Area (CBSA): El Dorado, AR (#20980)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $185.1 mil
Equity capital: $19.0 mil
Deposits held in domestic offices: $164.7 mil
Return on assets (ROA): 1.19% ($2.2 mil)
Quarterly return on assets: 1.18% ($2.2 mil)
Return on Equity (ROE): 11.33% ($2.2 mil)
Quarterly return on equity: 11.17% ($2.1 mil)
Net income: $2.1 mil
Quarterly Net income: $0.5 mil
Pretax return on assets: 1.63% ($3,016.9 mil)
Quarterly Pretax return on assets: 1.57% ($2,905.9 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
41Total employees (full-time equivalent)
$185,087Total assets
$5,287Cash and due from depository institutions
$889Interest-bearing balances
$84,727Securities
$23,550Federal funds sold & reverse repurchase agreements
$67,622Net loans & leases
$611Loan loss allowance
$0Trading account assets
$2,517Bank premises and fixed assets
$52Other real estate owned
$0Goodwill and other intangibles
$185,087Life insurance assets
$1,332All other assets
$166,090Total liabilities and capital
$164,697Total liabilities
$136,751Total deposits
$164,697Interest-bearing deposits
$87Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,393Subordinated debt
$18,997All other liabilities
$18,997Total equity capital
$18,997Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$2,500Surplus
$15,497Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,213Income earned, not collected on loans
$0Earning assets
$767Long-term assets (5+ years)
$176,788Average Assets, year-to-date
$74,645Average Assets, quarterly
$178,630Volatile liabilities
$182,926Insider loans
$82,794FHLB advances
$179,269Loans and leases held for sale
$13Unused loan commitments
$13Tier 1 (core) risk-based capital
$18,008Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,475Restructured Loans and leases
$533Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$7,419Total interest income
$1,845Total interest expense
$5,574Net interest income
$100Provision for loan and lease losses
$578Total noninterest income
$8Fiduciary activities
$343Service charges on deposit accounts
$0Trading account gains & fees
$227Additional noninterest income
$3,179Total noninterest expense
$1,784Salaries and employee benefits
$366Premises and equipment expense
$1,029Additional noninterest expense
$2,873Pre-tax net operating income
$38Securities gains (losses)
$782Applicable income taxes
$2,129Income before extraordinary items
$0Extraordinary gains - net
$2,129Net income attributable to bank
$0Net charge-offs
$2,129Cash dividends
$335Sale, conversion, retirement of capital stock, net
$1,425Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.34%Yield on earning assets
1.08%Cost of funding earning assets
3.26%Net interest margin
0.34%Noninterest income to earning assets
1.86%Noninterest expense to earning assets
1.18%Net operating income to assets
1.19%Return on assets (ROA)
1.63%Pretax return on assets
11.33%Return on equity (ROE)
3.75%Retained earnings to average equity (YTD only)
0.48%Net charge-offs to loans
29.85%Credit loss provision to net charge-offs
8.87%Efficiency ratio
51,674Assets per employee
4.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
66.93%Loss allowance to loans
0.90%Loss allowance to noncurrent loans
50.37%Noncurrent assets plus other real estate owned to assets
0.68%Noncurrent loans to loans
1.78%Net loans and leases to deposits
41.06%Net loans and leases to core deposits
48.12%Equity capital to assets
10.26%Core capital (leverage) ratio
10.05%Tier 1 risk-based capital ratio
21.75%Total risk-based capital ratio
Memoranda
$22Average assets
$178,630Average earning assets
$18,791Average equity
$170,839Average 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
YesFiduciary powers granted
YesFiduciary or related activity
$2,458Managed Assets
1Number of Accounts
$1,326Personal trust and agency accounts
$1,326Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
12Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$1,132Other retirement accounts
$1,132Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

4 Arkansas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	3830	Smackover State Bank	708 North Broadway, Smackover, AR 71762	April 18, 1928	Full Service Brick and Mortar
1	207905	Norphlet Branch	Padgett Street, Norphlet, AR 71759	June 17, 1959	Full Service Brick and Mortar
2	288185	125 West 5th Branch	125 West 5th, El Dorado, AR 71730	December 05, 1986	Full Service Brick and Mortar
3	439378	El Dorado Branch	602 South Timberlane Drive, El Dorado, AR 71730	September 24, 2004	Full Service Brick and Mortar

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

Smackover State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

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

Smackover State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

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