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

This bank is inactive as of January 13, 1995

SouthTrust Bank of Ozark in Ozark, Alabama (AL)
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SouthTrust Bank of Ozark - Overview

General
FDIC Certificate #: 15844
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: SouthTrust Bank (#849)
Federal Reserve ID: 521532
Date Established: October 20, 1934
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
FDIC's unique #: 10084
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: August 26, 1941
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: 242 West Reynolds Street, Ozark, AL 36360
County: Dale
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): Dothan, AL (#2180)
Combined Statistical Area (CSA): Dothan-Enterprise-Ozark, AL (#222)
Core Based Statistical Area (CBSA): Enterprise-Ozark, AL (#21460)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $108.4 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)
$46Total assets
$108,423Cash and due from depository institutions
$4,189Interest-bearing balances
$0Securities
$41,721Federal funds sold & reverse repurchase agreements
$200Net loans & leases
$58,725Loan loss allowance
$765Trading account assets
$0Bank premises and fixed assets
$1,462Other real estate owned
$0Goodwill and other intangibles
$1,500Life insurance assets
$626All other assets
$0Total liabilities and capital
$108,423Total liabilities
$100,461Total deposits
$98,690Interest-bearing deposits
$84,776Deposits held in domestic offices
98690.00%% insured (estimated)
$92Federal funds purchased & repurchase agreements
$1,140Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$631Total equity capital
$631Total bank equity capital
$7,962Perpetual preferred stock
$0Common stock
$10Surplus
$3,040Undivided profits
Memoranda
$4,912Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$126Income earned, not collected on loans
$409Earning assets
$100,646Long-term assets (5+ years)
$16,755Average Assets, year-to-date
$106,815Average Assets, quarterly
$110,016Volatile liabilities
$8,867Insider loans
$471FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$16,188Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,785Total risk weighted assets
$67,127Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$6,727Total interest expense
$2,935Net interest income
$3,792Provision for loan and lease losses
$55Total noninterest income
$1,053Fiduciary activities
$0Service charges on deposit accounts
$870Trading account gains & fees
$0Additional noninterest income
$183Total noninterest expense
$3,002Salaries and employee benefits
$1,303Premises and equipment expense
$255Additional noninterest expense
$1,444Pre-tax net operating income
$1,788Securities gains (losses)
$0Applicable income taxes
$545Income before extraordinary items
$1,243Extraordinary gains - net
$0Net income attributable to bank
$1,243Net charge-offs
$35Cash dividends
$1,682Sale, 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
6.73%Cost of funding earning assets
2.94%Net interest margin
3.80%Noninterest income to earning assets
1.05%Noninterest expense to earning assets
3.01%Net operating income to assets
1.16%Return on assets (ROA)
1.16%Pretax return on assets
1.67%Return on equity (ROE)
14.19%Retained earnings to average equity (YTD only)
-5.01%Net charge-offs to loans
0.06%Credit loss provision to net charge-offs
157.14%Efficiency ratio
61,156Assets per employee
2.36%Cash dividends to net income (YTD only)
Condition Ratios (%)
135.32%Loss allowance to loans
1.29%Loss allowance to noncurrent loans
607.14%Noncurrent assets plus other real estate owned to assets
0.12%Noncurrent loans to loans
0.21%Net loans and leases to deposits
59.50%Net loans and leases to core deposits
64.56%Equity capital to assets
7.34%Core capital (leverage) ratio
7.15%Tier 1 risk-based capital ratio
11.60%Total risk-based capital ratio
Memoranda
$13Average assets
$106,815Average earning assets
$8,761Average equity
$99,881Average loans

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