Sycamore Bank in city_name, state_name - Detailed Financial Reports, Location

Sycamore Bank in Senatobia, Mississippi (MS)
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Sycamore Bank routing number info

Sycamore Bank - Overview

General
FDIC Certificate #: 11423
Status: Active
Federal Reserve ID: 924843
Bank Holding Company (Regulatory Top Holder): Tate Financial Corporation (RSSDID: 1119589, Location: Senatobia, MS)
Date Established: March 13, 1900
WWW: http://www.sycamorebank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
FDIC's unique #: 7294
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 301 East Main Street, Senatobia, MS 38668
County: Tate
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: West
Core Based Statistical Area (CBSA): Memphis, TN-MS-AR (#32820)
CBSA Metro Statistical Area: Memphis, TN-MS-AR (#32820)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $177.0 mil
Equity capital: $19.2 mil
Deposits held in domestic offices: $156.7 mil
Return on assets (ROA): 0.35% ($0.6 mil)
Quarterly return on assets: -0.59% (-$1.0 mil)
Return on Equity (ROE): 3.20% ($0.6 mil)
Quarterly return on equity: -5.33% (-$1.0 mil)
Net income: $0.6 mil
Quarterly Net income: -$0.3 mil
Pretax return on assets: 0.39% ($690.1 mil)
Quarterly Pretax return on assets: -1.28% (-$2,265.1 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, 2011)

Dollar figures in thousands
62Total employees (full-time equivalent)
$176,959Total assets
$4,003Cash and due from depository institutions
$7Interest-bearing balances
$30,043Securities
$11,075Federal funds sold & reverse repurchase agreements
$113,400Net loans & leases
$1,940Loan loss allowance
$0Trading account assets
$6,096Bank premises and fixed assets
$3,020Other real estate owned
$0Goodwill and other intangibles
$176,959Life insurance assets
$9,322All other assets
$157,754Total liabilities and capital
$156,718Total liabilities
$138,871Total deposits
$156,718Interest-bearing deposits
$84Deposits held in domestic offices
332.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$704Subordinated debt
$19,205All other liabilities
$19,205Total equity capital
$19,205Total bank equity capital
$0Perpetual preferred stock
$564Common stock
$13,432Surplus
$5,209Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,476Income earned, not collected on loans
$0Earning assets
$825Long-term assets (5+ years)
$154,525Average Assets, year-to-date
$26,475Average Assets, quarterly
$177,894Volatile liabilities
$176,684Insider loans
$127,254FHLB advances
$177,777Loans and leases held for sale
$3,927Unused loan commitments
$3,927Tier 1 (core) risk-based capital
$18,010Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$9,395Restructured Loans and leases
$3,250Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$7,807Total interest income
$989Total interest expense
$6,818Net interest income
$543Provision for loan and lease losses
$762Total noninterest income
$0Fiduciary activities
$1,184Service charges on deposit accounts
$0Trading account gains & fees
-$422Additional noninterest income
$6,347Total noninterest expense
$3,205Salaries and employee benefits
$1,166Premises and equipment expense
$1,976Additional noninterest expense
$690Pre-tax net operating income
$0Securities gains (losses)
$76Applicable income taxes
$614Income before extraordinary items
$0Extraordinary gains - net
$614Net income attributable to bank
$0Net charge-offs
$614Cash dividends
$862Sale, conversion, retirement of capital stock, net
$578Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.08%Yield on earning assets
0.64%Cost of funding earning assets
4.44%Net interest margin
0.50%Noninterest income to earning assets
4.13%Noninterest expense to earning assets
0.35%Net operating income to assets
0.35%Return on assets (ROA)
0.39%Pretax return on assets
3.20%Return on equity (ROE)
0.19%Retained earnings to average equity (YTD only)
0.74%Net charge-offs to loans
62.99%Credit loss provision to net charge-offs
1.43%Efficiency ratio
83,734Assets per employee
2.85%Cash dividends to net income (YTD only)
Condition Ratios (%)
94.14%Loss allowance to loans
1.68%Loss allowance to noncurrent loans
131.44%Noncurrent assets plus other real estate owned to assets
2.54%Noncurrent loans to loans
1.28%Net loans and leases to deposits
72.36%Net loans and leases to core deposits
76.30%Equity capital to assets
10.85%Core capital (leverage) ratio
10.13%Tier 1 risk-based capital ratio
14.15%Total risk-based capital ratio
Memoranda
$15Average assets
$177,894Average earning assets
$19,211Average equity
$153,675Average loans

List of branches

5 Mississippi Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	7294	Sycamore Bank	301 East Main Street, Senatobia, MS 38668	March 13, 1900	Full Service Brick and Mortar
2	224611	Independence Branch	Highway 305, Independence, MS 38638	August 21, 1974	Full Service Brick and Mortar
4	7302	Coldwater Branch	Main Street, Coldwater, MS 38618	May 02, 1927	Full Service Brick and Mortar
9	441495	Southaven Branch	6830 Getwell Road, Southaven, MS 38672	July 08, 2005	Full Service Brick and Mortar
10	468831	Hernando Branch	1025 East Commerce Street, Hernando, MS 38632	October 23, 2007	Full Service Brick and Mortar

Claude Whittle

⚠

Mar 27, 2023 @ 6:18 pm

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Sycamore Bank in Senatobia, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

Sycamore Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Sycamore Bank in Senatobia, Mississippi (MS)Overview, Financial Summary, Detailed Financial Reports, Branches

Sycamore Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Sycamore Bank in Senatobia, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches