SouthTrust Bank of Central Alabama in Alexander City, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 13, 1995

  • SouthTrust Bank of Central Alabama in Alexander City, Alabama (AL)
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SouthTrust Bank of Central Alabama - Overview

  • General
  • FDIC Certificate #: 56
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SouthTrust Bank (#849)
    Federal Reserve ID: 318237
    Date Established: March 20, 1906
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Interstate: No)
    FDIC's unique #: 37
    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: January 01, 1934
    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: 101 Jefferson Street, Alexander City, AL 35010
    County: Tallapoosa
    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
    Combined Statistical Area (CSA): Montgomery-Alexander City, AL (#388)
    Core Based Statistical Area (CBSA): Alexander City, AL (#10760)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $131.5 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)
  • $67Total assets
  • $131,453Cash and due from depository institutions
  • $3,266Interest-bearing balances
  • $0Securities
  • $47,794Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $75,568Loan loss allowance
  • $989Trading account assets
  • $0Bank premises and fixed assets
  • $2,753Other real estate owned
  • $305Goodwill and other intangibles
  • $1,767Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $131,453Total liabilities
  • $121,938Total deposits
  • $117,240Interest-bearing deposits
  • $101,036Deposits held in domestic offices
  • 117240.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $3,700Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $998Total equity capital
  • $998Total bank equity capital
  • $9,515Perpetual preferred stock
  • $0Common stock
  • $10Surplus
  • $3,023Undivided profits
  • Memoranda
  • $6,482Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $57Income earned, not collected on loans
  • $427Earning assets
  • $123,362Long-term assets (5+ years)
  • $28,905Average Assets, year-to-date
  • $132,181Average Assets, quarterly
  • $131,214Volatile liabilities
  • $17,942Insider loans
  • $2,489FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $10,358Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $10,031Total risk weighted assets
  • $81,811Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,171Total interest expense
  • $3,821Net interest income
  • $5,350Provision for loan and lease losses
  • $96Total noninterest income
  • $1,103Fiduciary activities
  • $0Service charges on deposit accounts
  • $859Trading account gains & fees
  • $0Additional noninterest income
  • $244Total noninterest expense
  • $4,163Salaries and employee benefits
  • $1,773Premises and equipment expense
  • $402Additional noninterest expense
  • $1,988Pre-tax net operating income
  • $2,194Securities gains (losses)
  • $8Applicable income taxes
  • $554Income before extraordinary items
  • $1,648Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,648Net charge-offs
  • $95Cash dividends
  • $2,904Sale, 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
  • 7.43%Cost of funding earning assets
  • 3.10%Net interest margin
  • 4.33%Noninterest income to earning assets
  • 0.89%Noninterest expense to earning assets
  • 3.37%Net operating income to assets
  • 1.24%Return on assets (ROA)
  • 1.25%Pretax return on assets
  • 1.67%Return on equity (ROE)
  • 14.85%Retained earnings to average equity (YTD only)
  • -11.32%Net charge-offs to loans
  • 0.13%Credit loss provision to net charge-offs
  • 101.05%Efficiency ratio
  • 64,513Assets per employee
  • 1.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 176.21%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 1735.09%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.07%Net loans and leases to deposits
  • 64.46%Net loans and leases to core deposits
  • 73.37%Equity capital to assets
  • 7.24%Core capital (leverage) ratio
  • 7.69%Tier 1 risk-based capital ratio
  • 12.26%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $132,181Average earning assets
  • $11,099Average equity
  • $123,446Average loans
1
Melba Yarbrough
⚠
I used to have an account with south trust bank when it was open in Alexander City. I was just wondering how do I find out what happened to any money I had left in the account. My name at that time was Melba Berry. Please let me know something about it. Thanks.

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