FDIC Certificate #: 58704 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Investar Bank (#58316) Federal Reserve ID: 3798278 Date Established: July 01, 2008 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 463210 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: July 01, 2008 Last Structure Change Effective Date: October 03, 2011 Last Structure Change Process Date: October 14, 2011 Last Data Update: October 14, 2011 Data Source Date: April 05, 2012
Location
Address: 38567 Hwy 42, Prairieville, LA 70769 County: Ascension 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 Metropolitan Statistical Area (MSA): Baton Rouge, LA (#760) Combined Statistical Area (CSA): Baton Rouge-Pierre Part, LA (#132) Core Based Statistical Area (CBSA): Baton Rouge, LA (#12940) CBSA Metro Statistical Area: Baton Rouge, LA (#12940)
Financial Summary
Total assets: $50.7 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2010)
Dollar figures in thousands
10Total employees (full-time equivalent)
$46,047Total assets
$11,853Cash and due from depository institutions
$11,083Interest-bearing balances
$2,840Securities
$1,000Federal funds sold & reverse repurchase agreements
$27,958Net loans & leases
$367Loan loss allowance
$0Trading account assets
$832Bank premises and fixed assets
$305Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,259All other assets
$46,047Total liabilities and capital
$33,811Total liabilities
$33,752Total deposits
$29,946Interest-bearing deposits
$33,752Deposits held in domestic offices
95.74%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1Other borrowed funds
$0Subordinated debt
$58All other liabilities
$12,236Total equity capital
$12,236Total bank equity capital
$12,236Perpetual preferred stock
$0Common stock
$1,425Surplus
$12,947Undivided profits
Memoranda
$-2,136Noncurrent loans and leases
$1,658Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$116Average Assets, year-to-date
$42,881Average Assets, quarterly
$1,833Volatile liabilities
$44,705Insider loans
$45,678FHLB advances
$7,252Loans and leases held for sale
$1,461Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,658Total unused commitments
$0Restructured Loans and leases
$367Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$1,753Total interest income
$671Total interest expense
$1,082Net interest income
$150Provision for loan and lease losses
$27Total noninterest income
$0Fiduciary activities
$26Service charges on deposit accounts
$0Trading account gains & fees
$1Additional noninterest income
$1,604Total noninterest expense
$957Salaries and employee benefits
$188Premises and equipment expense
$459Additional noninterest expense
-$645Pre-tax net operating income
$0Securities gains (losses)
-$226Applicable income taxes
-$419Income before extraordinary items
$0Extraordinary gains - net
-$419Net income attributable to bank
$0Net charge-offs
-$419Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.20%Yield on earning assets
1.61%Cost of funding earning assets
2.59%Net interest margin
0.06%Noninterest income to earning assets
3.84%Noninterest expense to earning assets
-0.94%Net operating income to assets
-0.94%Return on assets (ROA)
-1.44%Pretax return on assets
-3.37%Return on equity (ROE)
-3.37%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
144,635Assets per employee
4.60%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.30%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.66%Noncurrent loans to loans
0.00%Net loans and leases to deposits
82.83%Net loans and leases to core deposits
105.50%Equity capital to assets
26.57%Core capital (leverage) ratio
25.19%Tier 1 risk-based capital ratio
36.75%Total risk-based capital ratio
Memoranda
$38Average assets
$44,705Average earning assets
$12,416Average equity
$41,728Average loans
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