FDIC Certificate #: 33577 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Regions Bank (#12368) Federal Reserve ID: 1954584 Date Established: March 27, 1992 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Interstate: No) FDIC's unique #: 47522 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) Insured commercial Banks: Yes FDIC Insured: Yes SAIF Insured: Yes Oakar Institutions: Yes State Chartered: No Date of Deposit Insurance: March 27, 1992 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: 400 East Harrison Street, Batesville, AR 72503 County: Independence 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 Core Based Statistical Area (CBSA): Batesville, AR (#12900) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $51.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
19Total employees (full-time equivalent)
$52,540Total assets
$1,236Cash and due from depository institutions
$0Interest-bearing balances
$10,313Securities
$6,195Federal funds sold & reverse repurchase agreements
$31,608Net loans & leases
$340Loan loss allowance
$0Trading account assets
$1,712Bank premises and fixed assets
$0Other real estate owned
$797Goodwill and other intangibles
$0Life insurance assets
$679All other assets
$52,540Total liabilities and capital
$47,507Total liabilities
$47,064Total deposits
$43,170Interest-bearing deposits
$47,064Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$443All other liabilities
$5,033Total equity capital
$5,033Total bank equity capital
$5,033Perpetual preferred stock
$0Common stock
$1,000Surplus
$3,466Undivided profits
Memoranda
$567Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$61Earning assets
$0Long-term assets (5+ years)
$524Average Assets, year-to-date
$48,116Average Assets, quarterly
$313Volatile liabilities
$51,857Insider loans
$52,611FHLB advances
$6,220Loans and leases held for sale
$34Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,145Total unused commitments
$0Restructured Loans and leases
$33,113Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$3,857Total interest income
$2,273Total interest expense
$1,584Net interest income
$62Provision for loan and lease losses
$491Total noninterest income
$0Fiduciary activities
$326Service charges on deposit accounts
$0Trading account gains & fees
$165Additional noninterest income
$1,432Total noninterest expense
$568Salaries and employee benefits
$250Premises and equipment expense
$614Additional noninterest expense
$581Pre-tax net operating income
$26Securities gains (losses)
$186Applicable income taxes
$421Income before extraordinary items
$0Extraordinary gains - net
$421Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$22Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.16%Yield on earning assets
4.81%Cost of funding earning assets
3.35%Net interest margin
1.04%Noninterest income to earning assets
3.03%Noninterest expense to earning assets
0.78%Net operating income to assets
0.81%Return on assets (ROA)
1.17%Pretax return on assets
8.77%Return on equity (ROE)
8.77%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
281.82%Credit loss provision to net charge-offs
29.23%Efficiency ratio
64,675Assets per employee
2.77%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.06%Loss allowance to noncurrent loans
557.38%Noncurrent assets plus other real estate owned to assets
0.12%Noncurrent loans to loans
0.19%Net loans and leases to deposits
67.16%Net loans and leases to core deposits
77.39%Equity capital to assets
9.58%Core capital (leverage) ratio
7.97%Tier 1 risk-based capital ratio
12.64%Total risk-based capital ratio
Memoranda
$14Average assets
$51,857Average earning assets
$4,799Average equity
$47,245Average loans
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