The Farmers Bank & Trust of Cheneyville - Overview
General
FDIC Certificate #: 16445 Status: Inactive Closing history: Corrections Acquiring institution:Sabine State Bank and Trust Company (#8141) Federal Reserve ID: 382733 Date Established: July 01, 1946 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 10613 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: July 01, 1946 Last Structure Change Effective Date: December 17, 2002 Last Structure Change Process Date: December 18, 2002 Last Data Update: December 18, 2002 Data Source Date: April 05, 2012
Location
Address: Main Street, Cheneyville, LA 71325 County: Rapides Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Shreveport Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Alexandria, LA (#220) Core Based Statistical Area (CBSA): Alexandria, LA (#10780) CBSA Metro Statistical Area: Alexandria, LA (#10780)
History of Changes
Absorption - Assisted
Corrections
Financial Summary
Total assets: $35.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
8Total employees (full-time equivalent)
$30,316Total assets
$1,357Cash and due from depository institutions
$0Interest-bearing balances
$1,402Securities
$1,300Federal funds sold & reverse repurchase agreements
$24,905Net loans & leases
$280Loan loss allowance
$0Trading account assets
$304Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,048All other assets
$30,316Total liabilities and capital
$27,710Total liabilities
$27,551Total deposits
$25,050Interest-bearing deposits
$27,551Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$159All other liabilities
$2,606Total equity capital
$2,606Total bank equity capital
$2,606Perpetual preferred stock
$0Common stock
$141Surplus
$736Undivided profits
Memoranda
$1,729Noncurrent loans and leases
$200Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$948Average Assets, year-to-date
$27,607Average Assets, quarterly
$2,084Volatile liabilities
$27,661Insider loans
$29,856FHLB advances
$6,645Loans and leases held for sale
$469Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$200Total unused commitments
$86Restructured Loans and leases
$276Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$2,462Total interest income
$1,234Total interest expense
$1,228Net interest income
$84Provision for loan and lease losses
$94Total noninterest income
$0Fiduciary activities
$76Service charges on deposit accounts
$0Trading account gains & fees
$18Additional noninterest income
$687Total noninterest expense
$291Salaries and employee benefits
$99Premises and equipment expense
$297Additional noninterest expense
$551Pre-tax net operating income
$0Securities gains (losses)
$200Applicable income taxes
$351Income before extraordinary items
$0Extraordinary gains - net
$351Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$104Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.76%Yield on earning assets
4.89%Cost of funding earning assets
4.87%Net interest margin
0.37%Noninterest income to earning assets
2.72%Noninterest expense to earning assets
1.27%Net operating income to assets
1.27%Return on assets (ROA)
1.99%Pretax return on assets
14.23%Return on equity (ROE)
14.23%Retained earnings to average equity (YTD only)
0.45%Net charge-offs to loans
80.77%Credit loss provision to net charge-offs
6.11%Efficiency ratio
51,967Assets per employee
3.79%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.11%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
90.40%Net loans and leases to core deposits
119.13%Equity capital to assets
8.60%Core capital (leverage) ratio
8.47%Tier 1 risk-based capital ratio
11.67%Total risk-based capital ratio
Memoranda
$13Average assets
$27,661Average earning assets
$2,466Average equity
$25,236Average loans
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