FDIC Certificate #: 11244 Status: Inactive Closing history: Office Sold Acquiring institution:Great Southern Bank (#29546) Federal Reserve ID: 947543 Date Established: October 26, 1911 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 7176 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: May 17, 2010 Last Structure Change Process Date: June 01, 2010 Last Data Update: June 01, 2010 Data Source Date: April 05, 2012
Location
Address: 2522 Pinnacle Hills Parkway, Suite 101, Rogers, AR 72758 County: Benton 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 Metropolitan Statistical Area (MSA): Fayetteville-Springdale-Rogers, AR (#2580) Core Based Statistical Area (CBSA): Fayetteville-Springdale-Rogers, AR-MO (#22220) CBSA Metro Statistical Area: Fayetteville-Springdale-Rogers, AR-MO (#22220)
History of Changes
Merger - Without Assistance
Office Sold
Financial Summary
Total assets: $113.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
24Total employees (full-time equivalent)
$112,337Total assets
$2,000Cash and due from depository institutions
$145Interest-bearing balances
$17,985Securities
$7,425Federal funds sold & reverse repurchase agreements
$65,366Net loans & leases
$784Loan loss allowance
$0Trading account assets
$4,454Bank premises and fixed assets
$20Other real estate owned
$10,292Goodwill and other intangibles
$2,767Life insurance assets
$4,795All other assets
$112,337Total liabilities and capital
$92,821Total liabilities
$92,375Total deposits
$81,294Interest-bearing deposits
$92,375Deposits held in domestic offices
87.04%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$446All other liabilities
$19,516Total equity capital
$19,516Total bank equity capital
$19,516Perpetual preferred stock
$0Common stock
$1Surplus
$18,692Undivided profits
Memoranda
$823Noncurrent loans and leases
$19,516Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$312Earning assets
$0Long-term assets (5+ years)
$1,031Average Assets, year-to-date
$90,921Average Assets, quarterly
$19,683Volatile liabilities
$106,082Insider loans
$114,044FHLB advances
$29,621Loans and leases held for sale
$1,359Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$19,516Total unused commitments
$0Restructured Loans and leases
$784Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$1,514Total interest income
$354Total interest expense
$1,160Net interest income
$95Provision for loan and lease losses
$455Total noninterest income
$0Fiduciary activities
$58Service charges on deposit accounts
$0Trading account gains & fees
$397Additional noninterest income
$621Total noninterest expense
$311Salaries and employee benefits
$116Premises and equipment expense
$194Additional noninterest expense
$899Pre-tax net operating income
$49Securities gains (losses)
$35Applicable income taxes
$913Income before extraordinary items
$0Extraordinary gains - net
$913Net income attributable to bank
$0Net charge-offs
$913Cash dividends
$34Sale, conversion, retirement of capital stock, net
$11,752Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
1.60%Yield on earning assets
0.38%Cost of funding earning assets
1.23%Net interest margin
0.48%Noninterest income to earning assets
0.66%Noninterest expense to earning assets
0.82%Net operating income to assets
0.86%Return on assets (ROA)
0.89%Pretax return on assets
4.87%Return on equity (ROE)
-57.82%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
279.41%Credit loss provision to net charge-offs
29.24%Efficiency ratio
38,452Assets per employee
4.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
1287.19%Loss allowance to loans
1.19%Loss allowance to noncurrent loans
251.28%Noncurrent assets plus other real estate owned to assets
0.30%Noncurrent loans to loans
0.47%Net loans and leases to deposits
70.76%Net loans and leases to core deposits
104.16%Equity capital to assets
17.37%Core capital (leverage) ratio
9.00%Tier 1 risk-based capital ratio
12.30%Total risk-based capital ratio
Memoranda
$13Average assets
$106,082Average earning assets
$18,747Average equity
$94,353Average loans
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