FDIC Certificate #: 8554 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:United Mississippi Bank (#21083) Federal Reserve ID: 925831 Date Established: April 14, 1913 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 5460 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: October 31, 2003 Last Structure Change Process Date: November 06, 2003 Last Data Update: November 06, 2003 Data Source Date: April 05, 2012
Location
Address: Royal Oak Street, Woodville, MS 39669 County: Wilkinson Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Jackson Ms Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West
Financial Summary
Total assets: $56.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
28Total employees (full-time equivalent)
$58,867Total assets
$3,515Cash and due from depository institutions
$499Interest-bearing balances
$18,287Securities
$6,875Federal funds sold & reverse repurchase agreements
$28,373Net loans & leases
$935Loan loss allowance
$0Trading account assets
$1,268Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$549All other assets
$58,867Total liabilities and capital
$50,364Total liabilities
$50,060Total deposits
$41,173Interest-bearing deposits
$50,060Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$304All other liabilities
$8,503Total equity capital
$8,503Total bank equity capital
$8,503Perpetual preferred stock
$0Common stock
$210Surplus
$5,790Undivided profits
Memoranda
$2,503Noncurrent loans and leases
$543Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$261Earning assets
$0Long-term assets (5+ years)
$445Average Assets, year-to-date
$54,034Average Assets, quarterly
$10,827Volatile liabilities
$63,498Insider loans
$60,262FHLB advances
$10,493Loans and leases held for sale
$502Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$543Total unused commitments
$733Restructured Loans and leases
$406Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$3,785Total interest income
$1,182Total interest expense
$2,603Net interest income
$135Provision for loan and lease losses
$394Total noninterest income
$0Fiduciary activities
$296Service charges on deposit accounts
$0Trading account gains & fees
$98Additional noninterest income
$2,138Total noninterest expense
$1,126Salaries and employee benefits
$298Premises and equipment expense
$714Additional noninterest expense
$724Pre-tax net operating income
$67Securities gains (losses)
$0Applicable income taxes
$791Income before extraordinary items
$0Extraordinary gains - net
$791Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$508Sale, conversion, retirement of capital stock, net
$378Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.46%Yield on earning assets
2.02%Cost of funding earning assets
4.44%Net interest margin
0.67%Noninterest income to earning assets
3.65%Noninterest expense to earning assets
1.14%Net operating income to assets
1.25%Return on assets (ROA)
1.25%Pretax return on assets
9.59%Return on equity (ROE)
5.01%Retained earnings to average equity (YTD only)
1.64%Net charge-offs to loans
26.57%Credit loss provision to net charge-offs
1.69%Efficiency ratio
71,338Assets per employee
2.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
47.79%Loss allowance to loans
3.19%Loss allowance to noncurrent loans
358.24%Noncurrent assets plus other real estate owned to assets
0.44%Noncurrent loans to loans
0.89%Net loans and leases to deposits
56.68%Net loans and leases to core deposits
71.71%Equity capital to assets
14.44%Core capital (leverage) ratio
14.00%Tier 1 risk-based capital ratio
25.96%Total risk-based capital ratio
Memoranda
$27Average assets
$63,498Average earning assets
$8,245Average equity
$58,590Average loans
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