SouthTrust Bank in Auburn, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 13, 1995

SouthTrust Bank in Auburn, Alabama (AL)
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SouthTrust Bank - Overview

General
FDIC Certificate #: 21154
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: SouthTrust Bank (#849)
Federal Reserve ID: 811532
Date Established: July 09, 1973
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
FDIC's unique #: 14624
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: July 09, 1973
Last Structure Change Effective Date: January 13, 1995
Last Structure Change Process Date: January 27, 1995
Last Data Update: January 27, 1995
Data Source Date: April 05, 2012
Location
Address: 311 North Gay Street, Auburn, AL 36831
County: Lee
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Montgomery
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Auburn-Opelika, AL (#580)
Combined Statistical Area (CSA): Columbus-Auburn-Opelika, GA-AL (#194)
Core Based Statistical Area (CBSA): Auburn-Opelika, AL (#12220)
CBSA Metro Statistical Area: Auburn-Opelika, AL (#12220)
Financial Summary
Total assets: $104.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$55Total assets
$104,874Cash and due from depository institutions
$2,887Interest-bearing balances
$19Securities
$29,193Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$69,025Loan loss allowance
$973Trading account assets
$0Bank premises and fixed assets
$1,802Other real estate owned
$399Goodwill and other intangibles
$1,568Life insurance assets
$0All other assets
$0Total liabilities and capital
$104,874Total liabilities
$96,264Total deposits
$93,254Interest-bearing deposits
$76,682Deposits held in domestic offices
93254.00%% insured (estimated)
$82Federal funds purchased & repurchase agreements
$2,075Trading liabilities
$0Other borrowed funds
$410Subordinated debt
$0All other liabilities
$525Total equity capital
$525Total bank equity capital
$8,610Perpetual preferred stock
$0Common stock
$10Surplus
$2,963Undivided profits
Memoranda
$5,637Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$74Income earned, not collected on loans
$407Earning assets
$98,237Long-term assets (5+ years)
$12,485Average Assets, year-to-date
$105,688Average Assets, quarterly
$106,943Volatile liabilities
$17,972Insider loans
$1,721FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,366Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$8,815Total risk weighted assets
$73,586Total unused commitments
$0Restructured Loans and leases
$2,000Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$7,579Total interest expense
$2,992Net interest income
$4,587Provision for loan and lease losses
$250Total noninterest income
$1,247Fiduciary activities
$0Service charges on deposit accounts
$1,140Trading account gains & fees
$0Additional noninterest income
$107Total noninterest expense
$3,741Salaries and employee benefits
$1,541Premises and equipment expense
$361Additional noninterest expense
$1,839Pre-tax net operating income
$1,843Securities gains (losses)
$0Applicable income taxes
$521Income before extraordinary items
$1,322Extraordinary gains - net
$0Net income attributable to bank
$1,322Net charge-offs
$274Cash dividends
$1,764Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.72%Cost of funding earning assets
3.05%Net interest margin
4.67%Noninterest income to earning assets
1.27%Noninterest expense to earning assets
3.81%Net operating income to assets
1.25%Return on assets (ROA)
1.25%Pretax return on assets
1.74%Return on equity (ROE)
14.27%Retained earnings to average equity (YTD only)
-4.77%Net charge-offs to loans
0.42%Credit loss provision to net charge-offs
91.24%Efficiency ratio
64,124Assets per employee
1.91%Cash dividends to net income (YTD only)
Condition Ratios (%)
133.43%Loss allowance to loans
1.39%Loss allowance to noncurrent loans
1314.86%Noncurrent assets plus other real estate owned to assets
0.45%Noncurrent loans to loans
0.11%Net loans and leases to deposits
74.02%Net loans and leases to core deposits
88.76%Equity capital to assets
8.21%Core capital (leverage) ratio
8.25%Tier 1 risk-based capital ratio
11.98%Total risk-based capital ratio
Memoranda
$13Average assets
$105,688Average earning assets
$9,266Average equity
$98,189Average loans

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