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

This bank is inactive as of January 13, 1995

SouthTrust Bank of Selma, National Association in Selma, Alabama (AL)
Show street view No street view available for this location

SouthTrust Bank of Selma, National Association - Overview

General
FDIC Certificate #: 858
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: SouthTrust Bank (#849)
Federal Reserve ID: 480237
Date Established: September 22, 1913
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
FDIC's unique #: 544
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: 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: 2605 Citizens Parkway, Selma, AL 36701
County: Dallas
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
Core Based Statistical Area (CBSA): Selma, AL (#42820)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $73.2 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)
$40Total assets
$73,235Cash and due from depository institutions
$5,451Interest-bearing balances
$0Securities
$17,865Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$48,325Loan loss allowance
$615Trading account assets
$0Bank premises and fixed assets
$641Other real estate owned
$14Goodwill and other intangibles
$939Life insurance assets
$0All other assets
$0Total liabilities and capital
$73,235Total liabilities
$67,253Total deposits
$65,974Interest-bearing deposits
$53,922Deposits held in domestic offices
65974.00%% insured (estimated)
$88Federal funds purchased & repurchase agreements
$700Trading liabilities
$0Other borrowed funds
$184Subordinated debt
$0All other liabilities
$395Total equity capital
$395Total bank equity capital
$5,982Perpetual preferred stock
$0Common stock
$150Surplus
$3,458Undivided profits
Memoranda
$2,374Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$184Income earned, not collected on loans
$409Earning assets
$66,190Long-term assets (5+ years)
$9,534Average Assets, year-to-date
$72,877Average Assets, quarterly
$73,375Volatile liabilities
$9,995Insider loans
$2,815FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,079Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,126Total risk weighted assets
$49,245Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$5,199Total interest expense
$1,980Net interest income
$3,219Provision for loan and lease losses
$78Total noninterest income
$805Fiduciary activities
$0Service charges on deposit accounts
$691Trading account gains & fees
$0Additional noninterest income
$114Total noninterest expense
$2,753Salaries and employee benefits
$1,296Premises and equipment expense
$262Additional noninterest expense
$1,195Pre-tax net operating income
$1,193Securities gains (losses)
$14Applicable income taxes
$329Income before extraordinary items
$878Extraordinary gains - net
$0Net income attributable to bank
$878Net charge-offs
$26Cash dividends
$509Sale, 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
7.78%Cost of funding earning assets
2.96%Net interest margin
4.82%Noninterest income to earning assets
1.20%Noninterest expense to earning assets
4.12%Net operating income to assets
1.19%Return on assets (ROA)
1.20%Pretax return on assets
1.66%Return on equity (ROE)
14.92%Retained earnings to average equity (YTD only)
6.27%Net charge-offs to loans
0.06%Credit loss provision to net charge-offs
300.00%Efficiency ratio
68,415Assets per employee
1.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
57.97%Loss allowance to loans
1.26%Loss allowance to noncurrent loans
334.24%Noncurrent assets plus other real estate owned to assets
0.27%Noncurrent loans to loans
0.38%Net loans and leases to deposits
73.25%Net loans and leases to core deposits
84.98%Equity capital to assets
8.17%Core capital (leverage) ratio
8.28%Tier 1 risk-based capital ratio
12.44%Total risk-based capital ratio
Memoranda
$14Average assets
$72,877Average earning assets
$5,885Average equity
$66,827Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with SouthTrust Bank of Selma, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.