The Business Bank in Baton Rouge, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 2004

  • The Business Bank in Baton Rouge, Louisiana (LA)
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The Business Bank - Overview

  • General
  • FDIC Certificate #: 34886
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: BancorpSouth Bank (#11813)
    Federal Reserve ID: 2728111
    Date Established: October 19, 1998
    WWW: http://www.thebusinessbank.biz
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 15939
    FDIC's unique #: 61949
    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: October 19, 1998
    Last Structure Change Effective Date: December 31, 2004
    Last Structure Change Process Date: January 06, 2005
    Last Data Update: January 06, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 6100 Corporate Boulevard, Suite 100, Baton Rouge, LA 70808
    County: East Baton Rouge
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Baton Rouge, LA (#760)
    Combined Statistical Area (CSA): Baton Rouge-Pierre Part, LA (#132)
    Core Based Statistical Area (CBSA): Baton Rouge, LA (#12940)
    CBSA Metro Statistical Area: Baton Rouge, LA (#12940)
  • Financial Summary
  • Total assets: $165.4 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, 2003)

  • Dollar figures in thousands
  • 28Total employees (full-time equivalent)
  • $150,936Total assets
  • $2,936Cash and due from depository institutions
  • $39Interest-bearing balances
  • $24,865Securities
  • $3,050Federal funds sold & reverse repurchase agreements
  • $113,919Net loans & leases
  • $1,586Loan loss allowance
  • $0Trading account assets
  • $1,040Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $5,126All other assets
  • $150,936Total liabilities and capital
  • $138,336Total liabilities
  • $111,480Total deposits
  • $92,751Interest-bearing deposits
  • $111,480Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $8,124Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $18,350Other borrowed funds
  • $0Subordinated debt
  • $382All other liabilities
  • $12,600Total equity capital
  • $12,600Total bank equity capital
  • $12,600Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $9,000Undivided profits
  • Memoranda
  • $2,600Noncurrent loans and leases
  • $38,850Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $933Earning assets
  • $0Long-term assets (5+ years)
  • $513Average Assets, year-to-date
  • $141,873Average Assets, quarterly
  • $4,591Volatile liabilities
  • $152,395Insider loans
  • $153,062FHLB advances
  • $39,835Loans and leases held for sale
  • $10,894Unused loan commitments
  • $18,350Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,000Total risk weighted assets
  • $38,850Total unused commitments
  • $0Restructured Loans and leases
  • $1,565Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $7,222Total interest income
  • $2,365Total interest expense
  • $4,857Net interest income
  • $662Provision for loan and lease losses
  • $598Total noninterest income
  • $0Fiduciary activities
  • $297Service charges on deposit accounts
  • $0Trading account gains & fees
  • $301Additional noninterest income
  • $3,247Total noninterest expense
  • $1,857Salaries and employee benefits
  • $442Premises and equipment expense
  • $948Additional noninterest expense
  • $1,546Pre-tax net operating income
  • -$9Securities gains (losses)
  • $480Applicable income taxes
  • $1,057Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,057Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $507Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.07%Yield on earning assets
  • 1.66%Cost of funding earning assets
  • 3.41%Net interest margin
  • 0.42%Noninterest income to earning assets
  • 2.28%Noninterest expense to earning assets
  • 0.70%Net operating income to assets
  • 0.69%Return on assets (ROA)
  • 1.01%Pretax return on assets
  • 8.70%Return on equity (ROE)
  • 8.70%Retained earnings to average equity (YTD only)
  • 0.48%Net charge-offs to loans
  • 130.57%Credit loss provision to net charge-offs
  • 4.36%Efficiency ratio
  • 59,523Assets per employee
  • 5.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.37%Loss allowance to noncurrent loans
  • 169.99%Noncurrent assets plus other real estate owned to assets
  • 0.62%Noncurrent loans to loans
  • 0.81%Net loans and leases to deposits
  • 102.19%Net loans and leases to core deposits
  • 124.34%Equity capital to assets
  • 8.35%Core capital (leverage) ratio
  • 8.20%Tier 1 risk-based capital ratio
  • 10.01%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $152,395Average earning assets
  • $12,148Average equity
  • $142,500Average loans

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