SouthTrust Bank of Baldwin County in Bay Minette, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 13, 1995

  • SouthTrust Bank of Baldwin County in Bay Minette, Alabama (AL)
  • Show street view No street view available for this location

SouthTrust Bank of Baldwin County - Overview

  • General
  • FDIC Certificate #: 15536
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SouthTrust Bank (#849)
    Federal Reserve ID: 676731
    Date Established: October 25, 1932
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Interstate: No)
    FDIC's unique #: 9832
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: September 10, 1937
    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: 120 Courthouse Square, Bay Minette, AL 36507
    County: Baldwin
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Pensacola
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Mobile, AL (#5160)
    Combined Statistical Area (CSA): Mobile-Daphne-Fairhope, AL (#380)
    Core Based Statistical Area (CBSA): Daphne-Fairhope-Foley, AL (#19300)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $234.9 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)
  • $87Total assets
  • $234,897Cash and due from depository institutions
  • $8,653Interest-bearing balances
  • $0Securities
  • $71,390Federal funds sold & reverse repurchase agreements
  • $5,700Net loans & leases
  • $141,721Loan loss allowance
  • $1,859Trading account assets
  • $0Bank premises and fixed assets
  • $4,235Other real estate owned
  • $0Goodwill and other intangibles
  • $2,327Life insurance assets
  • $871All other assets
  • $0Total liabilities and capital
  • $234,897Total liabilities
  • $221,424Total deposits
  • $220,150Interest-bearing deposits
  • $184,618Deposits held in domestic offices
  • 220150.00%% insured (estimated)
  • $81Federal funds purchased & repurchase agreements
  • $175Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,099Total equity capital
  • $1,099Total bank equity capital
  • $13,473Perpetual preferred stock
  • $0Common stock
  • $10Surplus
  • $6,715Undivided profits
  • Memoranda
  • $6,748Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4Income earned, not collected on loans
  • $928Earning assets
  • $218,811Long-term assets (5+ years)
  • $36,527Average Assets, year-to-date
  • $217,414Average Assets, quarterly
  • $232,089Volatile liabilities
  • $12,865Insider loans
  • $6,276FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $22,587Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $13,385Total risk weighted assets
  • $126,056Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $15,249Total interest expense
  • $6,763Net interest income
  • $8,486Provision for loan and lease losses
  • $220Total noninterest income
  • $1,111Fiduciary activities
  • $0Service charges on deposit accounts
  • $964Trading account gains & fees
  • $0Additional noninterest income
  • $147Total noninterest expense
  • $5,490Salaries and employee benefits
  • $2,284Premises and equipment expense
  • $642Additional noninterest expense
  • $2,564Pre-tax net operating income
  • $3,887Securities gains (losses)
  • $0Applicable income taxes
  • $1,345Income before extraordinary items
  • $2,542Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,542Net charge-offs
  • -$44Cash dividends
  • $1,348Sale, 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
  • 7.53%Cost of funding earning assets
  • 3.34%Net interest margin
  • 4.19%Noninterest income to earning assets
  • 0.55%Noninterest expense to earning assets
  • 2.71%Net operating income to assets
  • 1.17%Return on assets (ROA)
  • 1.17%Pretax return on assets
  • 1.79%Return on equity (ROE)
  • 18.78%Retained earnings to average equity (YTD only)
  • 8.82%Net charge-offs to loans
  • -0.03%Credit loss provision to net charge-offs
  • -500.00%Efficiency ratio
  • 56,611Assets per employee
  • 2.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 53.03%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 46475.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 64.37%Net loans and leases to core deposits
  • 68.31%Equity capital to assets
  • 5.74%Core capital (leverage) ratio
  • 5.87%Tier 1 risk-based capital ratio
  • 10.62%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $217,414Average earning assets
  • $13,533Average equity
  • $202,461Average loans

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