The First National Bank of Lake Charles in Lake Charles, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 16, 1998

  • The First National Bank of Lake Charles in Lake Charles, Louisiana (LA)
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The First National Bank of Lake Charles - Overview

  • General
  • FDIC Certificate #: 4292
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank One, Louisiana, National Association (#4306)
    Federal Reserve ID: 807030
    Date Established: November 13, 1889
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 9 (Interstate: No)
    FDIC's unique #: 2813
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 16, 1998
    Last Structure Change Process Date: Febuary 01, 1999
    Last Data Update: Febuary 01, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: One Lakeside Plaza, Lake Charles, LA 70602
    County: Calcasieu
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Shreveport
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Lake Charles, LA (#3960)
    Combined Statistical Area (CSA): Lake Charles-Jennings, LA (#324)
    Core Based Statistical Area (CBSA): Lake Charles, LA (#29340)
    CBSA Metro Statistical Area: Lake Charles, LA (#29340)
  • Financial Summary
  • Total assets: $500.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 193Total employees (full-time equivalent)
  • $574,475Total assets
  • $56,794Cash and due from depository institutions
  • $25,799Interest-bearing balances
  • $120,886Securities
  • $75,959Federal funds sold & reverse repurchase agreements
  • $297,882Net loans & leases
  • $2,700Loan loss allowance
  • $3,381Trading account assets
  • $12,965Bank premises and fixed assets
  • $222Other real estate owned
  • $223Goodwill and other intangibles
  • $0Life insurance assets
  • $6,163All other assets
  • $574,475Total liabilities and capital
  • $522,902Total liabilities
  • $515,348Total deposits
  • $418,498Interest-bearing deposits
  • $515,348Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,862Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $4,692All other liabilities
  • $51,573Total equity capital
  • $51,573Total bank equity capital
  • $51,573Perpetual preferred stock
  • $0Common stock
  • $1,500Surplus
  • $29,118Undivided profits
  • Memoranda
  • $20,955Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,173Earning assets
  • $18Long-term assets (5+ years)
  • $3,727Average Assets, year-to-date
  • $523,907Average Assets, quarterly
  • $140,068Volatile liabilities
  • $560,952Insider loans
  • $563,173FHLB advances
  • $72,931Loans and leases held for sale
  • $14,339Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $358Total risk weighted assets
  • $48,104Total unused commitments
  • $0Restructured Loans and leases
  • $332,398Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $36,580Total interest income
  • $16,402Total interest expense
  • $20,178Net interest income
  • $620Provision for loan and lease losses
  • $7,885Total noninterest income
  • $1,306Fiduciary activities
  • $4,396Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,183Additional noninterest income
  • $17,529Total noninterest expense
  • $7,020Salaries and employee benefits
  • $2,754Premises and equipment expense
  • $7,755Additional noninterest expense
  • $9,914Pre-tax net operating income
  • -$108Securities gains (losses)
  • $3,135Applicable income taxes
  • $6,671Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,671Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $713Sale, conversion, retirement of capital stock, net
  • $6,586Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.25%Yield on earning assets
  • 3.25%Cost of funding earning assets
  • 4.00%Net interest margin
  • 1.56%Noninterest income to earning assets
  • 3.47%Noninterest expense to earning assets
  • 1.20%Net operating income to assets
  • 1.19%Return on assets (ROA)
  • 1.75%Pretax return on assets
  • 12.80%Return on equity (ROE)
  • 0.16%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 86.96%Credit loss provision to net charge-offs
  • 14.77%Efficiency ratio
  • 62,249Assets per employee
  • 2.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 98.73%Loss allowance to loans
  • 0.90%Loss allowance to noncurrent loans
  • 52.19%Noncurrent assets plus other real estate owned to assets
  • 0.94%Noncurrent loans to loans
  • 1.72%Net loans and leases to deposits
  • 57.80%Net loans and leases to core deposits
  • 66.90%Equity capital to assets
  • 8.98%Core capital (leverage) ratio
  • 9.39%Tier 1 risk-based capital ratio
  • 15.36%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $560,952Average earning assets
  • $52,122Average equity
  • $504,673Average loans

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