FDIC Certificate #: 3884 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Regions Bank (#12368) Federal Reserve ID: 560849 Date Established: January 01, 1917 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Interstate: No) OTS Docket #: 11512 FDIC's unique #: 2533 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 20, 1998 Last Structure Change Process Date: Febuary 03, 1999 Last Data Update: Febuary 03, 1999 Data Source Date: April 05, 2012
Location
Address: 101 North Main Street, Nashville, AR 71852 County: Howard Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Atlanta FDIC Field Office: Shreveport Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $78.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
38Total employees (full-time equivalent)
$88,064Total assets
$3,067Cash and due from depository institutions
$273Interest-bearing balances
$23,714Securities
$2,875Federal funds sold & reverse repurchase agreements
$55,765Net loans & leases
$1,244Loan loss allowance
$0Trading account assets
$791Bank premises and fixed assets
$4Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,848All other assets
$88,064Total liabilities and capital
$80,668Total liabilities
$75,162Total deposits
$67,265Interest-bearing deposits
$75,162Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$5,000Other borrowed funds
$0Subordinated debt
$506All other liabilities
$7,396Total equity capital
$7,396Total bank equity capital
$7,396Perpetual preferred stock
$0Common stock
$307Surplus
$5,870Undivided profits
Memoranda
$1,219Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,706Earning assets
$0Long-term assets (5+ years)
$820Average Assets, year-to-date
$82,627Average Assets, quarterly
$24,554Volatile liabilities
$84,813Insider loans
$85,919FHLB advances
$15,760Loans and leases held for sale
$1,745Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,105Total unused commitments
$0Restructured Loans and leases
$59,314Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$6,771Total interest income
$3,303Total interest expense
$3,468Net interest income
$60Provision for loan and lease losses
$377Total noninterest income
$0Fiduciary activities
$271Service charges on deposit accounts
$0Trading account gains & fees
$106Additional noninterest income
$2,108Total noninterest expense
$1,146Salaries and employee benefits
$202Premises and equipment expense
$760Additional noninterest expense
$1,677Pre-tax net operating income
$3Securities gains (losses)
$516Applicable income taxes
$1,164Income before extraordinary items
$0Extraordinary gains - net
$1,164Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$134Sale, conversion, retirement of capital stock, net
$850Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.49%Yield on earning assets
4.14%Cost of funding earning assets
4.35%Net interest margin
0.47%Noninterest income to earning assets
2.64%Noninterest expense to earning assets
1.37%Net operating income to assets
1.37%Return on assets (ROA)
1.98%Pretax return on assets
16.45%Return on equity (ROE)
4.44%Retained earnings to average equity (YTD only)
0.24%Net charge-offs to loans
44.78%Credit loss provision to net charge-offs
12.96%Efficiency ratio
54,824Assets per employee
2.32%Cash dividends to net income (YTD only)
Condition Ratios (%)
73.02%Loss allowance to loans
2.18%Loss allowance to noncurrent loans
72.92%Noncurrent assets plus other real estate owned to assets
1.94%Noncurrent loans to loans
2.99%Net loans and leases to deposits
74.19%Net loans and leases to core deposits
93.88%Equity capital to assets
8.40%Core capital (leverage) ratio
8.23%Tier 1 risk-based capital ratio
12.05%Total risk-based capital ratio
Memoranda
$13Average assets
$84,813Average earning assets
$7,075Average equity
$79,770Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The First National Bank of Nashville.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: