FDIC Certificate #: 11251 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Regions Bank (#12368) Federal Reserve ID: 792042 Date Established: March 23, 1901 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) FDIC's unique #: 7179 Numeric code: 21 Regulator: FDIC 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: September 10, 1999 Last Structure Change Process Date: October 13, 1999 Last Data Update: October 13, 1999 Data Source Date: April 05, 2012
Location
Address: 212 West Walnut Street, Walnut Ridge, AR 72476 County: Lawrence Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Atlanta FDIC Field Office: Little Rock Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $63.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
22Total employees (full-time equivalent)
$67,181Total assets
$2,104Cash and due from depository institutions
$0Interest-bearing balances
$16,126Securities
$6,600Federal funds sold & reverse repurchase agreements
$39,306Net loans & leases
$407Loan loss allowance
$0Trading account assets
$940Bank premises and fixed assets
$74Other real estate owned
$812Goodwill and other intangibles
$0Life insurance assets
$1,219All other assets
$67,181Total liabilities and capital
$61,210Total liabilities
$60,662Total deposits
$51,548Interest-bearing deposits
$60,662Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$548All other liabilities
$5,971Total equity capital
$5,971Total bank equity capital
$5,971Perpetual preferred stock
$0Common stock
$50Surplus
$4,150Undivided profits
Memoranda
$1,771Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$125Earning assets
$0Long-term assets (5+ years)
$904Average Assets, year-to-date
$62,032Average Assets, quarterly
$775Volatile liabilities
$62,581Insider loans
$66,414FHLB advances
$7,082Loans and leases held for sale
$12Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,784Total unused commitments
$0Restructured Loans and leases
$41,848Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$4,655Total interest income
$2,157Total interest expense
$2,498Net interest income
$80Provision for loan and lease losses
$370Total noninterest income
$0Fiduciary activities
$272Service charges on deposit accounts
$0Trading account gains & fees
$98Additional noninterest income
$1,350Total noninterest expense
$556Salaries and employee benefits
$150Premises and equipment expense
$644Additional noninterest expense
$1,438Pre-tax net operating income
$1Securities gains (losses)
$495Applicable income taxes
$944Income before extraordinary items
$0Extraordinary gains - net
$944Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$86Sale, conversion, retirement of capital stock, net
$497Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.05%Yield on earning assets
3.73%Cost of funding earning assets
4.32%Net interest margin
0.64%Noninterest income to earning assets
2.33%Noninterest expense to earning assets
1.51%Net operating income to assets
1.51%Return on assets (ROA)
2.30%Pretax return on assets
16.58%Return on equity (ROE)
7.85%Retained earnings to average equity (YTD only)
0.24%Net charge-offs to loans
93.02%Credit loss provision to net charge-offs
17.65%Efficiency ratio
42,434Assets per employee
3.05%Cash dividends to net income (YTD only)
Condition Ratios (%)
52.65%Loss allowance to loans
1.02%Loss allowance to noncurrent loans
325.60%Noncurrent assets plus other real estate owned to assets
0.30%Noncurrent loans to loans
0.31%Net loans and leases to deposits
64.80%Net loans and leases to core deposits
73.36%Equity capital to assets
8.89%Core capital (leverage) ratio
7.83%Tier 1 risk-based capital ratio
12.34%Total risk-based capital ratio
Memoranda
$13Average assets
$62,581Average earning assets
$5,692Average equity
$57,840Average loans
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