The Commercial Bank of Roanoke, Alabama - Overview
General
FDIC Certificate #: 64 Status: Inactive Closing history: Corrections Acquiring institution:Superior Bank (#17750) Federal Reserve ID: 530534 Date Established: May 12, 1931 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 44 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 19, 1998 Last Structure Change Process Date: Febuary 03, 1999 Last Data Update: March 14, 2000 Data Source Date: April 05, 2012
Location
Address: 548 Main Street, Roanoke, AL 36274 County: Randolph 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
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $40.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
20Total employees (full-time equivalent)
$41,480Total assets
$1,667Cash and due from depository institutions
$200Interest-bearing balances
$18,729Securities
$4,125Federal funds sold & reverse repurchase agreements
$16,083Net loans & leases
$380Loan loss allowance
$0Trading account assets
$110Bank premises and fixed assets
$244Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$522All other assets
$41,480Total liabilities and capital
$37,097Total liabilities
$36,831Total deposits
$29,001Interest-bearing deposits
$36,831Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$266All other liabilities
$4,383Total equity capital
$4,383Total bank equity capital
$4,383Perpetual preferred stock
$0Common stock
$3Surplus
$1,198Undivided profits
Memoranda
$3,182Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$156Earning assets
$0Long-term assets (5+ years)
$180Average Assets, year-to-date
$39,137Average Assets, quarterly
$10,185Volatile liabilities
$41,867Insider loans
$41,486FHLB advances
$3,222Loans and leases held for sale
$207Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$172Total unused commitments
$0Restructured Loans and leases
$18,609Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$3,092Total interest income
$1,302Total interest expense
$1,790Net interest income
$401Provision for loan and lease losses
$219Total noninterest income
$0Fiduciary activities
$188Service charges on deposit accounts
$0Trading account gains & fees
$31Additional noninterest income
$1,397Total noninterest expense
$811Salaries and employee benefits
$140Premises and equipment expense
$446Additional noninterest expense
$211Pre-tax net operating income
$1Securities gains (losses)
$18Applicable income taxes
$194Income before extraordinary items
$0Extraordinary gains - net
$194Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$111Sale, conversion, retirement of capital stock, net
$120Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.80%Yield on earning assets
3.29%Cost of funding earning assets
4.52%Net interest margin
0.55%Noninterest income to earning assets
3.53%Noninterest expense to earning assets
0.46%Net operating income to assets
0.46%Return on assets (ROA)
0.51%Pretax return on assets
4.34%Return on equity (ROE)
1.65%Retained earnings to average equity (YTD only)
0.64%Net charge-offs to loans
361.26%Credit loss provision to net charge-offs
5.51%Efficiency ratio
69,537Assets per employee
2.07%Cash dividends to net income (YTD only)
Condition Ratios (%)
61.86%Loss allowance to loans
2.31%Loss allowance to noncurrent loans
243.59%Noncurrent assets plus other real estate owned to assets
0.96%Noncurrent loans to loans
0.95%Net loans and leases to deposits
43.67%Net loans and leases to core deposits
47.85%Equity capital to assets
10.57%Core capital (leverage) ratio
10.32%Tier 1 risk-based capital ratio
23.46%Total risk-based capital ratio
Memoranda
$25Average assets
$41,867Average earning assets
$4,472Average equity
$39,617Average loans
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