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

This bank is inactive as of January 01, 1996

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

General
FDIC Certificate #: 4307
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Capital One, National Association (#4297)
Federal Reserve ID: 184357
Date Established: April 06, 1902
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Interstate: No)
FDIC's unique #: 2824
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: January 01, 1996
Last Structure Change Process Date: Febuary 14, 1996
Last Data Update: Febuary 14, 1996
Data Source Date: April 05, 2012
Location
Address: 216 Lake Street, Lake Providence, LA 71254
County: East Carroll
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
Financial Summary
Total assets: $54.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$26Total assets
$54,764Cash and due from depository institutions
$2,241Interest-bearing balances
$0Securities
$16,527Federal funds sold & reverse repurchase agreements
$14,415Net loans & leases
$19,714Loan loss allowance
$282Trading account assets
$0Bank premises and fixed assets
$822Other real estate owned
$0Goodwill and other intangibles
$1,045Life insurance assets
$0All other assets
$0Total liabilities and capital
$54,764Total liabilities
$50,364Total deposits
$49,887Interest-bearing deposits
$41,294Deposits held in domestic offices
49887.00%% insured (estimated)
$84Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$477Total equity capital
$477Total bank equity capital
$4,400Perpetual preferred stock
$0Common stock
$300Surplus
$500Undivided profits
Memoranda
$3,600Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2Income earned, not collected on loans
$632Earning assets
$50,656Long-term assets (5+ years)
$1,717Average Assets, year-to-date
$53,294Average Assets, quarterly
$51,911Volatile liabilities
$4,994Insider loans
$594FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,849Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,355Total risk weighted assets
$26,187Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$4,326Total interest expense
$1,923Net interest income
$2,403Provision for loan and lease losses
$15Total noninterest income
$297Fiduciary activities
$0Service charges on deposit accounts
$256Trading account gains & fees
$0Additional noninterest income
$41Total noninterest expense
$1,497Salaries and employee benefits
$848Premises and equipment expense
$314Additional noninterest expense
$335Pre-tax net operating income
$1,188Securities gains (losses)
$0Applicable income taxes
$374Income before extraordinary items
$814Extraordinary gains - net
$0Net income attributable to bank
$814Net charge-offs
$13Cash dividends
$510Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.77%Cost of funding earning assets
3.90%Net interest margin
4.87%Noninterest income to earning assets
0.60%Noninterest expense to earning assets
3.03%Net operating income to assets
1.53%Return on assets (ROA)
1.53%Pretax return on assets
2.23%Return on equity (ROE)
19.44%Retained earnings to average equity (YTD only)
7.26%Net charge-offs to loans
0.06%Credit loss provision to net charge-offs
115.38%Efficiency ratio
55,444Assets per employee
2.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
62.65%Loss allowance to loans
1.41%Loss allowance to noncurrent loans
14100.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.01%Net loans and leases to deposits
39.52%Net loans and leases to core deposits
43.91%Equity capital to assets
8.03%Core capital (leverage) ratio
8.25%Tier 1 risk-based capital ratio
16.63%Total risk-based capital ratio
Memoranda
$18Average assets
$53,294Average earning assets
$4,187Average equity
$49,331Average loans

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