FDIC Certificate #: 2804 Status: Active Federal Reserve ID: 112332 Bank Holding Company (Regulatory Top Holder): First Hartford Bancshares, Inc. (RSSDID: 1084052, Location: Hartford, AL) Date Established: January 01, 1905 WWW:http://www.fnbhartford.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 1830 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: Yes Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 101 Third Avenue South, Hartford, AL 36344 County: Geneva 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 Combined Statistical Area (CSA): Dothan-Enterprise-Ozark, AL (#222) Core Based Statistical Area (CBSA): Dothan, AL (#20020) CBSA Metro Statistical Area: Dothan, AL (#20020)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $146.5 mil Equity capital: $15.4 mil Deposits held in domestic offices: $125.7 mil Return on assets (ROA): 0.18% ($0.3 mil) Quarterly return on assets: -0.83% (-$1.2 mil) Return on Equity (ROE): 1.78% ($0.3 mil) Quarterly return on equity: -7.89% (-$1.2 mil) Net income: $0.3 mil Quarterly Net income: -$0.3 mil Pretax return on assets: 0.18% ($263.7 mil) Quarterly Pretax return on assets: -0.86% (-$1,259.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
26Total employees (full-time equivalent)
$146,495Total assets
$14,950Cash and due from depository institutions
$0Interest-bearing balances
$77,315Securities
$0Federal funds sold & reverse repurchase agreements
$50,419Net loans & leases
$1,179Loan loss allowance
$0Trading account assets
$1,136Bank premises and fixed assets
$424Other real estate owned
$0Goodwill and other intangibles
$146,495Life insurance assets
$2,251All other assets
$131,143Total liabilities and capital
$125,726Total liabilities
$114,800Total deposits
$125,726Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,000Trading liabilities
$0Other borrowed funds
$417Subordinated debt
$15,352All other liabilities
$15,352Total equity capital
$15,352Total bank equity capital
$0Perpetual preferred stock
$276Common stock
$1,000Surplus
$14,076Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,064Income earned, not collected on loans
$0Earning assets
$1,400Long-term assets (5+ years)
$127,734Average Assets, year-to-date
$73,165Average Assets, quarterly
$141,625Volatile liabilities
$145,781Insider loans
$70,192FHLB advances
$138,554Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$14,938Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$998Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,822Total interest income
$1,791Total interest expense
$4,031Net interest income
$1,410Provision for loan and lease losses
$401Total noninterest income
$0Fiduciary activities
$264Service charges on deposit accounts
$0Trading account gains & fees
$137Additional noninterest income
$3,043Total noninterest expense
$1,267Salaries and employee benefits
$342Premises and equipment expense
$1,434Additional noninterest expense
-$21Pre-tax net operating income
$271Securities gains (losses)
-$8Applicable income taxes
$258Income before extraordinary items
$0Extraordinary gains - net
$258Net income attributable to bank
$0Net charge-offs
$258Cash dividends
$940Sale, conversion, retirement of capital stock, net
$351Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.67%Yield on earning assets
1.44%Cost of funding earning assets
3.24%Net interest margin
0.32%Noninterest income to earning assets
2.44%Noninterest expense to earning assets
-0.01%Net operating income to assets
0.18%Return on assets (ROA)
0.18%Pretax return on assets
1.78%Return on equity (ROE)
-0.64%Retained earnings to average equity (YTD only)
1.84%Net charge-offs to loans
150.00%Credit loss provision to net charge-offs
1.48%Efficiency ratio
68,660Assets per employee
5.63%Cash dividends to net income (YTD only)
Condition Ratios (%)
136.05%Loss allowance to loans
2.28%Loss allowance to noncurrent loans
57.12%Noncurrent assets plus other real estate owned to assets
1.70%Noncurrent loans to loans
4.00%Net loans and leases to deposits
40.10%Net loans and leases to core deposits
44.97%Equity capital to assets
10.48%Core capital (leverage) ratio
10.78%Tier 1 risk-based capital ratio
21.28%Total risk-based capital ratio
Memoranda
$23Average assets
$141,625Average earning assets
$14,475Average equity
$124,603Average loans
List of branches
1 Alabama Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
1830
The First National Bank Of Hartford
101 Third Avenue South, Hartford, AL 36344
January 01, 1905
Full Service Brick and Mortar
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