Southtrust Bank of Marion County in Hamilton, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 13, 1995

Southtrust Bank of Marion County in Hamilton, Alabama (AL)
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Southtrust Bank of Marion County - Overview

General
FDIC Certificate #: 857
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: SouthTrust Bank (#849)
Federal Reserve ID: 324238
Date Established: January 01, 1905
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 5 (Interstate: No)
FDIC's unique #: 543
Numeric code: 13
Regulator: FED
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: 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: 500 Bexar Avenue West, Hamilton, AL 35570
County: Marion
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
Financial Summary
Total assets: $129.1 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)
$54Total assets
$129,051Cash and due from depository institutions
$3,620Interest-bearing balances
$0Securities
$33,872Federal funds sold & reverse repurchase agreements
$900Net loans & leases
$87,336Loan loss allowance
$973Trading account assets
$0Bank premises and fixed assets
$1,740Other real estate owned
$0Goodwill and other intangibles
$1,583Life insurance assets
$0All other assets
$0Total liabilities and capital
$129,051Total liabilities
$119,430Total deposits
$117,744Interest-bearing deposits
$101,780Deposits held in domestic offices
117744.00%% insured (estimated)
$94Federal funds purchased & repurchase agreements
$425Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,261Total equity capital
$1,261Total bank equity capital
$9,621Perpetual preferred stock
$0Common stock
$50Surplus
$1,410Undivided profits
Memoranda
$8,161Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$698Income earned, not collected on loans
$514Earning assets
$122,108Long-term assets (5+ years)
$19,959Average Assets, year-to-date
$129,128Average Assets, quarterly
$130,232Volatile liabilities
$12,947Insider loans
$2,803FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$11,829Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$9,734Total risk weighted assets
$91,249Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$9,525Total interest expense
$3,912Net interest income
$5,613Provision for loan and lease losses
$153Total noninterest income
$683Fiduciary activities
$0Service charges on deposit accounts
$499Trading account gains & fees
$0Additional noninterest income
$184Total noninterest expense
$3,535Salaries and employee benefits
$1,784Premises and equipment expense
$273Additional noninterest expense
$1,478Pre-tax net operating income
$2,608Securities gains (losses)
$37Applicable income taxes
$706Income before extraordinary items
$1,939Extraordinary gains - net
$0Net income attributable to bank
$1,939Net charge-offs
$231Cash dividends
$2,068Sale, 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
7.80%Cost of funding earning assets
3.20%Net interest margin
4.60%Noninterest income to earning assets
0.56%Noninterest expense to earning assets
2.89%Net operating income to assets
1.48%Return on assets (ROA)
1.50%Pretax return on assets
2.05%Return on equity (ROE)
19.24%Retained earnings to average equity (YTD only)
-1.28%Net charge-offs to loans
0.28%Credit loss provision to net charge-offs
66.23%Efficiency ratio
56,147Assets per employee
2.39%Cash dividends to net income (YTD only)
Condition Ratios (%)
106.65%Loss allowance to loans
1.10%Loss allowance to noncurrent loans
139.40%Noncurrent assets plus other real estate owned to assets
0.54%Noncurrent loans to loans
0.79%Net loans and leases to deposits
74.17%Net loans and leases to core deposits
83.00%Equity capital to assets
7.46%Core capital (leverage) ratio
7.34%Tier 1 risk-based capital ratio
10.67%Total risk-based capital ratio
Memoranda
$12Average assets
$129,128Average earning assets
$10,079Average equity
$122,112Average loans

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