SouthTrust Bank of Walker County in Jasper, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 13, 1995

SouthTrust Bank of Walker County in Jasper, Alabama (AL)
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SouthTrust Bank of Walker County - Overview

General
FDIC Certificate #: 26735
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: SouthTrust Bank (#849)
Federal Reserve ID: 162234
Date Established: August 04, 1986
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 35849
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: August 04, 1986
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: 2805 Highway 78 East, Jasper, AL 35501
County: Walker
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
Combined Statistical Area (CSA): Birmingham-Hoover-Cullman, AL (#142)
Core Based Statistical Area (CBSA): Birmingham-Hoover, AL (#13820)
CBSA Metro Statistical Area: Birmingham-Hoover, AL (#13820)
Financial Summary
Total assets: $43.3 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)
$20Total assets
$43,311Cash and due from depository institutions
$1,347Interest-bearing balances
$0Securities
$10,100Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$30,021Loan loss allowance
$348Trading account assets
$0Bank premises and fixed assets
$836Other real estate owned
$500Goodwill and other intangibles
$507Life insurance assets
$0All other assets
$0Total liabilities and capital
$43,311Total liabilities
$39,652Total deposits
$33,959Interest-bearing deposits
$28,138Deposits held in domestic offices
33959.00%% insured (estimated)
$78Federal funds purchased & repurchase agreements
$5,459Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$234Total equity capital
$234Total bank equity capital
$3,659Perpetual preferred stock
$0Common stock
$10Surplus
$1,544Undivided profits
Memoranda
$2,105Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$5Income earned, not collected on loans
$192Earning assets
$40,121Long-term assets (5+ years)
$4,817Average Assets, year-to-date
$40,144Average Assets, quarterly
$42,160Volatile liabilities
$14,757Insider loans
$1,342FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,361Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,768Total risk weighted assets
$32,951Total unused commitments
$0Restructured Loans and leases
$2,000Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$2,890Total interest expense
$1,137Net interest income
$1,753Provision for loan and lease losses
$130Total noninterest income
$436Fiduciary activities
$0Service charges on deposit accounts
$362Trading account gains & fees
$0Additional noninterest income
$74Total noninterest expense
$1,278Salaries and employee benefits
$519Premises and equipment expense
$138Additional noninterest expense
$621Pre-tax net operating income
$781Securities gains (losses)
$0Applicable income taxes
$241Income before extraordinary items
$540Extraordinary gains - net
$0Net income attributable to bank
$540Net charge-offs
$50Cash dividends
$303Sale, 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
7.97%Cost of funding earning assets
3.13%Net interest margin
4.83%Noninterest income to earning assets
1.20%Noninterest expense to earning assets
3.52%Net operating income to assets
1.35%Return on assets (ROA)
1.35%Pretax return on assets
1.95%Return on equity (ROE)
15.00%Retained earnings to average equity (YTD only)
6.58%Net charge-offs to loans
0.19%Credit loss provision to net charge-offs
260.00%Efficiency ratio
58,383Assets per employee
2.17%Cash dividends to net income (YTD only)
Condition Ratios (%)
56.11%Loss allowance to loans
1.15%Loss allowance to noncurrent loans
6960.00%Noncurrent assets plus other real estate owned to assets
1.17%Noncurrent loans to loans
0.02%Net loans and leases to deposits
88.40%Net loans and leases to core deposits
121.73%Equity capital to assets
8.45%Core capital (leverage) ratio
8.92%Tier 1 risk-based capital ratio
11.44%Total risk-based capital ratio
Memoranda
$12Average assets
$40,144Average earning assets
$3,600Average equity
$36,276Average loans

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