FDIC Certificate #: 1743 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Peoples Bank & Trust Company (#860) Federal Reserve ID: 350938 Date Established: January 01, 1913 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) FDIC's unique #: 1155 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: August 21, 1998 Last Structure Change Process Date: October 05, 1998 Last Data Update: October 05, 1998 Data Source Date: April 05, 2012
Location
Address: 304 Barnett Boulevard, Tallassee, AL 36078 County: Elmore Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Montgomery Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Montgomery, AL (#5240) Combined Statistical Area (CSA): Montgomery-Alexander City, AL (#388) Core Based Statistical Area (CBSA): Montgomery, AL (#33860) CBSA Metro Statistical Area: Montgomery, AL (#33860)
Financial Summary
Total assets: $90.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
53Total employees (full-time equivalent)
$91,685Total assets
$2,339Cash and due from depository institutions
$0Interest-bearing balances
$37,536Securities
$2,800Federal funds sold & reverse repurchase agreements
$45,912Net loans & leases
$682Loan loss allowance
$0Trading account assets
$644Bank premises and fixed assets
$155Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,299All other assets
$91,685Total liabilities and capital
$77,692Total liabilities
$76,512Total deposits
$63,374Interest-bearing deposits
$76,512Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$500Other borrowed funds
$0Subordinated debt
$680All other liabilities
$13,993Total equity capital
$13,993Total bank equity capital
$13,993Perpetual preferred stock
$0Common stock
$42Surplus
$1,278Undivided profits
Memoranda
$12,673Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$107Earning assets
$0Long-term assets (5+ years)
$502Average Assets, year-to-date
$86,248Average Assets, quarterly
$10,385Volatile liabilities
$90,242Insider loans
$91,396FHLB advances
$10,685Loans and leases held for sale
$1,169Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,543Total unused commitments
$0Restructured Loans and leases
$50,959Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$7,098Total interest income
$2,820Total interest expense
$4,278Net interest income
$134Provision for loan and lease losses
$1,156Total noninterest income
$0Fiduciary activities
$816Service charges on deposit accounts
$0Trading account gains & fees
$340Additional noninterest income
$3,250Total noninterest expense
$1,889Salaries and employee benefits
$355Premises and equipment expense
$996Additional noninterest expense
$2,050Pre-tax net operating income
$11Securities gains (losses)
$454Applicable income taxes
$1,607Income before extraordinary items
$0Extraordinary gains - net
$1,607Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$134Sale, conversion, retirement of capital stock, net
$225Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.43%Yield on earning assets
3.35%Cost of funding earning assets
5.08%Net interest margin
1.37%Noninterest income to earning assets
3.86%Noninterest expense to earning assets
1.77%Net operating income to assets
1.78%Return on assets (ROA)
2.28%Pretax return on assets
12.04%Return on equity (ROE)
10.35%Retained earnings to average equity (YTD only)
0.31%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
16.30%Efficiency ratio
59,625Assets per employee
1.73%Cash dividends to net income (YTD only)
Condition Ratios (%)
14.00%Loss allowance to loans
1.46%Loss allowance to noncurrent loans
637.38%Noncurrent assets plus other real estate owned to assets
0.29%Noncurrent loans to loans
0.23%Net loans and leases to deposits
60.01%Net loans and leases to core deposits
69.22%Equity capital to assets
15.26%Core capital (leverage) ratio
15.18%Tier 1 risk-based capital ratio
27.30%Total risk-based capital ratio
Memoranda
$29Average assets
$90,242Average earning assets
$13,346Average equity
$84,149Average loans
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