FDIC Certificate #: 63 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First National Bank (#22271) Federal Reserve ID: 521934 Date Established: May 19, 1919 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 43 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: May 09, 2002 Last Structure Change Process Date: May 23, 2002 Last Data Update: May 23, 2002 Data Source Date: April 05, 2012
Location
Address: First Avenue And Main Street, Parrish, AL 35580 County: Walker 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 Combined Statistical Area (CSA): Birmingham-Hoover-Cullman, AL (#142) Core Based Statistical Area (CBSA): Birmingham-Hoover, AL (#13820) CBSA Metro Statistical Area: Birmingham-Hoover, AL (#13820)
Financial Summary
Total assets: $21.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
9Total employees (full-time equivalent)
$21,749Total assets
$1,435Cash and due from depository institutions
$45Interest-bearing balances
$11,159Securities
$1,895Federal funds sold & reverse repurchase agreements
$6,157Net loans & leases
$35Loan loss allowance
$0Trading account assets
$828Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$275All other assets
$21,749Total liabilities and capital
$18,597Total liabilities
$18,550Total deposits
$16,186Interest-bearing deposits
$18,550Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$47All other liabilities
$3,152Total equity capital
$3,152Total bank equity capital
$3,152Perpetual preferred stock
$0Common stock
$120Surplus
$240Undivided profits
Memoranda
$2,792Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$118Earning assets
$0Long-term assets (5+ years)
$166Average Assets, year-to-date
$19,256Average Assets, quarterly
$9,463Volatile liabilities
$22,135Insider loans
$21,987FHLB advances
$3,085Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$35Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$1,442Total interest income
$662Total interest expense
$780Net interest income
$0Provision for loan and lease losses
$106Total noninterest income
$0Fiduciary activities
$84Service charges on deposit accounts
$0Trading account gains & fees
$22Additional noninterest income
$811Total noninterest expense
$486Salaries and employee benefits
$89Premises and equipment expense
$236Additional noninterest expense
$75Pre-tax net operating income
$0Securities gains (losses)
$27Applicable income taxes
$48Income before extraordinary items
$0Extraordinary gains - net
$48Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$15Sale, conversion, retirement of capital stock, net
$24Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.43%Yield on earning assets
3.41%Cost of funding earning assets
4.02%Net interest margin
0.55%Noninterest income to earning assets
4.18%Noninterest expense to earning assets
0.22%Net operating income to assets
0.22%Return on assets (ROA)
0.34%Pretax return on assets
1.51%Return on equity (ROE)
0.75%Retained earnings to average equity (YTD only)
0.22%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
5.00%Efficiency ratio
91,535Assets per employee
2.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
50.00%Loss allowance to loans
0.57%Loss allowance to noncurrent loans
29.66%Noncurrent assets plus other real estate owned to assets
0.54%Noncurrent loans to loans
1.91%Net loans and leases to deposits
33.19%Net loans and leases to core deposits
39.81%Equity capital to assets
14.49%Core capital (leverage) ratio
14.09%Tier 1 risk-based capital ratio
33.45%Total risk-based capital ratio
Memoranda
$34Average assets
$22,135Average earning assets
$3,187Average equity
$19,410Average loans
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