FDIC Certificate #: 13170 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:United Mississippi Bank (#21083) Federal Reserve ID: 146533 Date Established: August 24, 1908 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 8332 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: August 29, 2011 Last Structure Change Process Date: September 16, 2011 Last Data Update: September 16, 2011 Data Source Date: April 05, 2012
Location
Address: Church And Harvard Streets, Melville, LA 71353 County: St. Landry Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Baton Rouge Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Lafayette, LA (#3880) Combined Statistical Area (CSA): Lafayette-Acadiana, LA (#318) Core Based Statistical Area (CBSA): Opelousas-Eunice, LA (#36660) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $8.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
7Total employees (full-time equivalent)
$7,961Total assets
$2,575Cash and due from depository institutions
$1,636Interest-bearing balances
$773Securities
$1,900Federal funds sold & reverse repurchase agreements
$2,614Net loans & leases
$72Loan loss allowance
$0Trading account assets
$45Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$54All other assets
$7,961Total liabilities and capital
$7,005Total liabilities
$6,971Total deposits
$4,017Interest-bearing deposits
$6,971Deposits held in domestic offices
100.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$34All other liabilities
$956Total equity capital
$956Total bank equity capital
$956Perpetual preferred stock
$0Common stock
$50Surplus
$300Undivided profits
Memoranda
$606Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$118Earning assets
$0Long-term assets (5+ years)
$44Average Assets, year-to-date
$6,923Average Assets, quarterly
$735Volatile liabilities
$8,522Insider loans
$8,252FHLB advances
$300Loans and leases held for sale
$16Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$31Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$332Total interest income
$51Total interest expense
$281Net interest income
$0Provision for loan and lease losses
$105Total noninterest income
$0Fiduciary activities
$80Service charges on deposit accounts
$0Trading account gains & fees
$25Additional noninterest income
$472Total noninterest expense
$175Salaries and employee benefits
$74Premises and equipment expense
$223Additional noninterest expense
-$86Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$86Income before extraordinary items
$0Extraordinary gains - net
-$86Net income attributable to bank
$0Net charge-offs
-$86Cash dividends
$2Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.39%Yield on earning assets
0.67%Cost of funding earning assets
3.71%Net interest margin
1.39%Noninterest income to earning assets
6.24%Noninterest expense to earning assets
-1.01%Net operating income to assets
-1.01%Return on assets (ROA)
-1.01%Pretax return on assets
-8.68%Return on equity (ROE)
-8.68%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
-43.00%Efficiency ratio
122,280Assets per employee
1.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.68%Loss allowance to noncurrent loans
61.02%Noncurrent assets plus other real estate owned to assets
1.48%Noncurrent loans to loans
4.39%Net loans and leases to deposits
37.50%Net loans and leases to core deposits
39.18%Equity capital to assets
12.01%Core capital (leverage) ratio
11.27%Tier 1 risk-based capital ratio
38.38%Total risk-based capital ratio
Memoranda
$40Average assets
$8,522Average earning assets
$991Average equity
$7,568Average 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 Merchants & Farmers Bank.
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: