FDIC Certificate #: 34255 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:Simmons First National Bank (#3890) Federal Reserve ID: 2481210 Date Established: September 16, 1996 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 15627 FDIC's unique #: 57014 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: September 16, 1996 Last Structure Change Effective Date: May 15, 2010 Last Structure Change Process Date: May 18, 2010 Last Data Update: May 18, 2010 Data Source Date: April 05, 2012
Location
Address: 3333 East Battlefield, Springfield, MO 65804 County: Greene Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Springfield Mo Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Springfield, MO (#7920) Core Based Statistical Area (CBSA): Springfield, MO (#44180) CBSA Metro Statistical Area: Springfield, MO (#44180)
Financial Summary
Total assets: $100.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
19Total employees (full-time equivalent)
$124,511Total assets
$2,870Cash and due from depository institutions
$695Interest-bearing balances
$3,080Securities
$40,298Federal funds sold & reverse repurchase agreements
$65,860Net loans & leases
$2,075Loan loss allowance
$0Trading account assets
$2,452Bank premises and fixed assets
$8,414Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,537All other assets
$124,511Total liabilities and capital
$121,769Total liabilities
$121,393Total deposits
$118,051Interest-bearing deposits
$121,393Deposits held in domestic offices
90.65%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$376All other liabilities
$2,742Total equity capital
$2,742Total bank equity capital
$2,742Perpetual preferred stock
$0Common stock
$1,500Surplus
$5,556Undivided profits
Memoranda
$-4,314Noncurrent loans and leases
$1,516Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$7,695Earning assets
$0Long-term assets (5+ years)
$441Average Assets, year-to-date
$109,933Average Assets, quarterly
$1,405Volatile liabilities
$128,408Insider loans
$135,493FHLB advances
$56,060Loans and leases held for sale
$2,328Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,516Total unused commitments
$0Restructured Loans and leases
$1,018Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$5,102Total interest income
$2,940Total interest expense
$2,162Net interest income
$3,805Provision for loan and lease losses
-$302Total noninterest income
$0Fiduciary activities
$37Service charges on deposit accounts
$0Trading account gains & fees
-$339Additional noninterest income
$3,742Total noninterest expense
$1,196Salaries and employee benefits
$367Premises and equipment expense
$2,179Additional noninterest expense
-$5,687Pre-tax net operating income
$0Securities gains (losses)
-$504Applicable income taxes
-$5,183Income before extraordinary items
$0Extraordinary gains - net
-$5,183Net income attributable to bank
$0Net charge-offs
-$5,183Cash dividends
$2,887Sale, conversion, retirement of capital stock, net
$55Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.31%Yield on earning assets
2.48%Cost of funding earning assets
1.83%Net interest margin
-0.26%Noninterest income to earning assets
3.16%Noninterest expense to earning assets
-4.04%Net operating income to assets
-4.04%Return on assets (ROA)
-4.43%Pretax return on assets
-86.37%Return on equity (ROE)
-87.28%Retained earnings to average equity (YTD only)
3.22%Net charge-offs to loans
131.80%Credit loss provision to net charge-offs
-0.65%Efficiency ratio
201,183Assets per employee
6.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
-1.06%Loss allowance to loans
3.05%Loss allowance to noncurrent loans
26.97%Noncurrent assets plus other real estate owned to assets
12.94%Noncurrent loans to loans
11.33%Net loans and leases to deposits
54.25%Net loans and leases to core deposits
100.81%Equity capital to assets
2.20%Core capital (leverage) ratio
2.06%Tier 1 risk-based capital ratio
3.52%Total risk-based capital ratio
Memoranda
$5Average assets
$128,408Average earning assets
$6,001Average equity
$118,310Average loans
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