FDIC Certificate #: 43 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First National Bank (#22271) Federal Reserve ID: 754031 Date Established: January 01, 1911 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 25 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: April 01, 2002 Last Structure Change Process Date: May 20, 2002 Last Data Update: May 20, 2002 Data Source Date: April 05, 2012
Location
Address: Depot Street, Berry, AL 35546 County: Fayette 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: $12.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
7Total employees (full-time equivalent)
$12,690Total assets
$1,112Cash and due from depository institutions
$5Interest-bearing balances
$8,865Securities
$550Federal funds sold & reverse repurchase agreements
$1,841Net loans & leases
$18Loan loss allowance
$0Trading account assets
$144Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$178All other assets
$12,690Total liabilities and capital
$11,097Total liabilities
$11,056Total deposits
$8,967Interest-bearing deposits
$11,056Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$41All other liabilities
$1,593Total equity capital
$1,593Total bank equity capital
$1,593Perpetual preferred stock
$0Common stock
$100Surplus
$100Undivided profits
Memoranda
$1,393Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$115Average Assets, year-to-date
$11,261Average Assets, quarterly
$7,456Volatile liabilities
$12,787Insider loans
$12,794FHLB advances
$1,524Loans and leases held for sale
$12Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$18Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$761Total interest income
$391Total interest expense
$370Net interest income
$0Provision for loan and lease losses
$70Total noninterest income
$0Fiduciary activities
$57Service charges on deposit accounts
$0Trading account gains & fees
$13Additional noninterest income
$367Total noninterest expense
$216Salaries and employee benefits
$43Premises and equipment expense
$108Additional noninterest expense
$73Pre-tax net operating income
$0Securities gains (losses)
$17Applicable income taxes
$56Income before extraordinary items
$0Extraordinary gains - net
$56Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$1Sale, conversion, retirement of capital stock, net
$143Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.66%Yield on earning assets
3.42%Cost of funding earning assets
3.24%Net interest margin
0.61%Noninterest income to earning assets
3.21%Noninterest expense to earning assets
0.44%Net operating income to assets
0.44%Return on assets (ROA)
0.57%Pretax return on assets
3.37%Return on equity (ROE)
-5.24%Retained earnings to average equity (YTD only)
-0.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
83,409Assets per employee
1.81%Cash dividends to net income (YTD only)
Condition Ratios (%)
255.36%Loss allowance to loans
0.97%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
16.65%Net loans and leases to core deposits
19.31%Equity capital to assets
12.55%Core capital (leverage) ratio
12.33%Tier 1 risk-based capital ratio
39.30%Total risk-based capital ratio
Memoranda
$40Average assets
$12,787Average earning assets
$1,659Average equity
$11,420Average loans
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