The Bank of Berry in Berry, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 2002

  • The Bank of Berry in Berry, Alabama (AL)
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The Bank of Berry - Overview

  • General
  • 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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