FDIC Certificate #: 314 Status: Active Federal Reserve ID: 741956 Date Established: January 01, 1903 Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 252 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Agricultural Specialization 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: 102 Davenport Avenue, Mer Rouge, LA 71261 County: Morehouse 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 Combined Statistical Area (CSA): Monroe-Bastrop, LA (#384) Core Based Statistical Area (CBSA): Bastrop, LA (#12820) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $41.7 mil Equity capital: $5.1 mil Deposits held in domestic offices: $36.5 mil Return on assets (ROA): 0.69% ($0.3 mil) Quarterly return on assets: 0.49% ($0.2 mil) Return on Equity (ROE): 5.75% ($0.3 mil) Quarterly return on equity: 4.01% ($0.2 mil) Net income: $0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.83% ($346.4 mil) Quarterly Pretax return on assets: 0.50% ($208.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
10Total employees (full-time equivalent)
$41,740Total assets
$3,199Cash and due from depository institutions
$500Interest-bearing balances
$8,647Securities
$13,200Federal funds sold & reverse repurchase agreements
$15,579Net loans & leases
$256Loan loss allowance
$0Trading account assets
$602Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$41,740Life insurance assets
$513All other assets
$36,633Total liabilities and capital
$36,454Total liabilities
$27,813Total deposits
$36,454Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$179Subordinated debt
$5,107All other liabilities
$5,107Total equity capital
$5,107Total bank equity capital
$0Perpetual preferred stock
$600Common stock
$3,022Surplus
$1,485Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$475Income earned, not collected on loans
$0Earning assets
$316Long-term assets (5+ years)
$37,926Average Assets, year-to-date
$6,737Average Assets, quarterly
$41,953Volatile liabilities
$42,785Insider loans
$20,453FHLB advances
$43,004Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$4,882Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,063Restructured Loans and leases
$339Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,565Total interest income
$191Total interest expense
$1,374Net interest income
$0Provision for loan and lease losses
$118Total noninterest income
$0Fiduciary activities
$80Service charges on deposit accounts
$0Trading account gains & fees
$38Additional noninterest income
$1,144Total noninterest expense
$629Salaries and employee benefits
$186Premises and equipment expense
$329Additional noninterest expense
$348Pre-tax net operating income
$0Securities gains (losses)
$57Applicable income taxes
$291Income before extraordinary items
$0Extraordinary gains - net
$291Net income attributable to bank
$0Net charge-offs
$291Cash dividends
-$3Sale, conversion, retirement of capital stock, net
$210Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.08%Yield on earning assets
0.50%Cost of funding earning assets
3.59%Net interest margin
0.31%Noninterest income to earning assets
2.99%Noninterest expense to earning assets
0.69%Net operating income to assets
0.69%Return on assets (ROA)
0.83%Pretax return on assets
5.75%Return on equity (ROE)
1.60%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
76,676Assets per employee
4.17%Cash dividends to net income (YTD only)
Condition Ratios (%)
72.16%Loss allowance to loans
1.62%Loss allowance to noncurrent loans
53.89%Noncurrent assets plus other real estate owned to assets
1.14%Noncurrent loans to loans
3.00%Net loans and leases to deposits
42.74%Net loans and leases to core deposits
45.43%Equity capital to assets
12.24%Core capital (leverage) ratio
11.35%Tier 1 risk-based capital ratio
23.87%Total risk-based capital ratio
Memoranda
$25Average assets
$41,953Average earning assets
$5,064Average equity
$38,323Average loans
List of branches
1 Louisiana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
252
The Mer Rouge State Bank
102 Davenport Avenue, Mer Rouge, LA 71261
January 01, 1903
Full Service Brick and Mortar
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