SouthTrust Bank of Marshall County, National Association in Boaz, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 13, 1995

SouthTrust Bank of Marshall County, National Association in Boaz, Alabama (AL)
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SouthTrust Bank of Marshall County, National Association - Overview

General
FDIC Certificate #: 14227
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: SouthTrust Bank (#849)
Federal Reserve ID: 175038
Date Established: March 26, 1934
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 7 (Interstate: No)
FDIC's unique #: 8884
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: March 26, 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: 201 Billy Dyar Boulevard, Boaz, AL 35957
County: Marshall
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Shelby
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Core Based Statistical Area (CBSA): Albertville, AL (#10700)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $231.4 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)
$85Total assets
$231,445Cash and due from depository institutions
$6,380Interest-bearing balances
$0Securities
$70,543Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$145,955Loan loss allowance
$2,005Trading account assets
$0Bank premises and fixed assets
$5,133Other real estate owned
$5Goodwill and other intangibles
$3,429Life insurance assets
$0All other assets
$0Total liabilities and capital
$231,445Total liabilities
$217,702Total deposits
$205,353Interest-bearing deposits
$172,391Deposits held in domestic offices
205353.00%% insured (estimated)
$71Federal funds purchased & repurchase agreements
$8,875Trading liabilities
$0Other borrowed funds
$1,988Subordinated debt
$0All other liabilities
$1,486Total equity capital
$1,486Total bank equity capital
$13,743Perpetual preferred stock
$0Common stock
$560Surplus
$2,316Undivided profits
Memoranda
$10,867Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$74Income earned, not collected on loans
$974Earning assets
$216,498Long-term assets (5+ years)
$54,829Average Assets, year-to-date
$219,813Average Assets, quarterly
$230,659Volatile liabilities
$28,037Insider loans
$4,184FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$18,656Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$14,307Total risk weighted assets
$136,617Total unused commitments
$0Restructured Loans and leases
$1,000Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$15,601Total interest expense
$6,598Net interest income
$9,003Provision for loan and lease losses
$335Total noninterest income
$2,123Fiduciary activities
$0Service charges on deposit accounts
$1,262Trading account gains & fees
$0Additional noninterest income
$861Total noninterest expense
$6,154Salaries and employee benefits
$2,716Premises and equipment expense
$579Additional noninterest expense
$2,859Pre-tax net operating income
$4,637Securities gains (losses)
$10Applicable income taxes
$1,473Income before extraordinary items
$3,174Extraordinary gains - net
$0Net income attributable to bank
$3,174Net charge-offs
$139Cash dividends
$2,712Sale, 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
7.58%Cost of funding earning assets
3.20%Net interest margin
4.37%Noninterest income to earning assets
1.03%Noninterest expense to earning assets
2.99%Net operating income to assets
1.44%Return on assets (ROA)
1.44%Pretax return on assets
2.11%Return on equity (ROE)
22.29%Retained earnings to average equity (YTD only)
3.25%Net charge-offs to loans
0.10%Credit loss provision to net charge-offs
241.01%Efficiency ratio
55,312Assets per employee
2.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
85.44%Loss allowance to loans
1.36%Loss allowance to noncurrent loans
2709.46%Noncurrent assets plus other real estate owned to assets
0.03%Noncurrent loans to loans
0.05%Net loans and leases to deposits
71.08%Net loans and leases to core deposits
77.56%Equity capital to assets
5.94%Core capital (leverage) ratio
6.20%Tier 1 risk-based capital ratio
10.47%Total risk-based capital ratio
Memoranda
$12Average assets
$219,813Average earning assets
$14,237Average equity
$205,874Average loans

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