The Bank of North Arkansas in Melbourne, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 01, 2000

The Bank of North Arkansas in Melbourne, Arkansas (AR)
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The Bank of North Arkansas - Overview

General
FDIC Certificate #: 1530
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: BancorpSouth Bank (#11813)
Federal Reserve ID: 19749
Date Established: July 29, 1896
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
OTS Docket #: 12607
FDIC's unique #: 1009
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 01, 2000
Last Structure Change Process Date: September 11, 2000
Last Data Update: September 11, 2000
Data Source Date: April 05, 2012
Location
Address: Main And Spring Streets, Melbourne, AR 72556
County: Izard
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Little Rock
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $84.0 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, 1999)

Dollar figures in thousands
32Total employees (full-time equivalent)
$82,257Total assets
$3,790Cash and due from depository institutions
$3Interest-bearing balances
$15,234Securities
$0Federal funds sold & reverse repurchase agreements
$60,127Net loans & leases
$796Loan loss allowance
$0Trading account assets
$1,562Bank premises and fixed assets
$264Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,280All other assets
$82,257Total liabilities and capital
$75,596Total liabilities
$72,625Total deposits
$59,917Interest-bearing deposits
$72,625Deposits held in domestic offices
0.00%% insured (estimated)
$2,550Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$421All other liabilities
$6,661Total equity capital
$6,661Total bank equity capital
$6,661Perpetual preferred stock
$0Common stock
$2,000Surplus
$425Undivided profits
Memoranda
$4,236Noncurrent loans and leases
$4,161Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$242Earning assets
$0Long-term assets (5+ years)
$475Average Assets, year-to-date
$75,364Average Assets, quarterly
$8,088Volatile liabilities
$78,816Insider loans
$80,742FHLB advances
$11,866Loans and leases held for sale
$641Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,161Total unused commitments
$0Restructured Loans and leases
$684Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$6,079Total interest income
$2,444Total interest expense
$3,635Net interest income
$180Provision for loan and lease losses
$476Total noninterest income
$0Fiduciary activities
$288Service charges on deposit accounts
$0Trading account gains & fees
$188Additional noninterest income
$1,983Total noninterest expense
$904Salaries and employee benefits
$338Premises and equipment expense
$741Additional noninterest expense
$1,948Pre-tax net operating income
$2Securities gains (losses)
$646Applicable income taxes
$1,304Income before extraordinary items
$0Extraordinary gains - net
$1,304Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$47Sale, conversion, retirement of capital stock, net
$900Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.29%Yield on earning assets
3.33%Cost of funding earning assets
4.96%Net interest margin
0.65%Noninterest income to earning assets
2.70%Noninterest expense to earning assets
1.65%Net operating income to assets
1.65%Return on assets (ROA)
2.47%Pretax return on assets
19.10%Return on equity (ROE)
5.92%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
382.98%Credit loss provision to net charge-offs
45.28%Efficiency ratio
48,236Assets per employee
2.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
69.02%Loss allowance to loans
1.31%Loss allowance to noncurrent loans
328.93%Noncurrent assets plus other real estate owned to assets
0.62%Noncurrent loans to loans
0.40%Net loans and leases to deposits
82.79%Net loans and leases to core deposits
94.97%Equity capital to assets
8.10%Core capital (leverage) ratio
8.62%Tier 1 risk-based capital ratio
12.63%Total risk-based capital ratio
Memoranda
$14Average assets
$78,816Average earning assets
$6,827Average equity
$73,348Average loans

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