Southern Bancorp Bank of Blytheville, National Association
Southern Bancorp Bank of Blytheville, National Association in Blytheville, Arkansas (AR) Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of May 15, 2010
Southern Bancorp Bank of Blytheville, National Association in Blytheville, Arkansas (AR)
Southern Bancorp Bank of Blytheville, National Association - Overview
General
FDIC Certificate #: 15529 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Southern Bancorp Bank (#1528) Federal Reserve ID: 866943 Date Established: August 10, 1937 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 8 (Interstate: No) OTS Docket #: 15344 FDIC's unique #: 9825 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: August 24, 1937 Last Structure Change Effective Date: May 15, 2010 Last Structure Change Process Date: July 08, 2010 Last Data Update: July 08, 2010 Data Source Date: April 05, 2012
Location
Address: 120 South Second Street, Blytheville, AR 72315 County: Mississippi Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Memphis Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Core Based Statistical Area (CBSA): Blytheville, AR (#14180) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $253.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2009)
Dollar figures in thousands
54Total employees (full-time equivalent)
$252,949Total assets
$46,703Cash and due from depository institutions
$41,066Interest-bearing balances
$105,924Securities
$0Federal funds sold & reverse repurchase agreements
$76,200Net loans & leases
$874Loan loss allowance
$0Trading account assets
$7,968Bank premises and fixed assets
$612Other real estate owned
$7,433Goodwill and other intangibles
$4,569Life insurance assets
$8,109All other assets
$252,949Total liabilities and capital
$228,522Total liabilities
$227,571Total deposits
$198,390Interest-bearing deposits
$227,571Deposits held in domestic offices
63.93%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$149Other borrowed funds
$0Subordinated debt
$802All other liabilities
$24,427Total equity capital
$24,427Total bank equity capital
$24,427Perpetual preferred stock
$0Common stock
$1Surplus
$23,791Undivided profits
Memoranda
$635Noncurrent loans and leases
$15,914Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$339Earning assets
$55Long-term assets (5+ years)
$1,543Average Assets, year-to-date
$223,190Average Assets, quarterly
$86,633Volatile liabilities
$215,942Insider loans
$226,420FHLB advances
$62,417Loans and leases held for sale
$7,642Unused loan commitments
$149Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$15,914Total unused commitments
$0Restructured Loans and leases
$874Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$2,095Total interest income
$929Total interest expense
$1,166Net interest income
$219Provision for loan and lease losses
$1,027Total noninterest income
$36Fiduciary activities
$192Service charges on deposit accounts
$0Trading account gains & fees
$799Additional noninterest income
$1,298Total noninterest expense
$626Salaries and employee benefits
$324Premises and equipment expense
$348Additional noninterest expense
$676Pre-tax net operating income
$156Securities gains (losses)
-$183Applicable income taxes
$1,015Income before extraordinary items
$0Extraordinary gains - net
$1,015Net income attributable to bank
$0Net charge-offs
$1,015Cash dividends
-$1Sale, conversion, retirement of capital stock, net
$10,309Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
1.09%Yield on earning assets
0.48%Cost of funding earning assets
0.61%Net interest margin
0.54%Noninterest income to earning assets
0.68%Noninterest expense to earning assets
0.40%Net operating income to assets
0.47%Return on assets (ROA)
0.39%Pretax return on assets
4.49%Return on equity (ROE)
-41.11%Retained earnings to average equity (YTD only)
-0.00%Net charge-offs to loans
-21900.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
59,188Assets per employee
4.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
1015.67%Loss allowance to loans
1.13%Loss allowance to noncurrent loans
257.82%Noncurrent assets plus other real estate owned to assets
0.38%Noncurrent loans to loans
0.44%Net loans and leases to deposits
33.48%Net loans and leases to core deposits
46.14%Equity capital to assets
9.66%Core capital (leverage) ratio
7.09%Tier 1 risk-based capital ratio
16.32%Total risk-based capital ratio
Memoranda
$17Average assets
$215,942Average earning assets
$22,607Average equity
$191,928Average loans
Total Fiduciary and Related Assets (December 31, 2009)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
Southern Bancorp Bank of Blytheville, National Association
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