FDIC Certificate #: 9495 Status: Inactive Closing history: Change in Location Acquiring institution:Pulaski Bank and Trust Company (#17562) Federal Reserve ID: 558453 Date Established: Febuary 14, 1925 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 9857 FDIC's unique #: 6100 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: June 13, 2003 Last Structure Change Process Date: July 14, 2003 Last Data Update: July 14, 2003 Data Source Date: April 05, 2012
Location
Address: 6000 Poplar Avenue, Suite 200, Memphis, TN 38119 County: Shelby Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Memphis Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Memphis, TN-AR-MS (#4920) Core Based Statistical Area (CBSA): Memphis, TN-MS-AR (#32820) CBSA Metro Statistical Area: Memphis, TN-MS-AR (#32820)
History of Changes
Merger - Without Assistance
Office Sold
Change in Location
Financial Summary
Total assets: $153.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
43Total employees (full-time equivalent)
$148,449Total assets
$4,696Cash and due from depository institutions
$1,485Interest-bearing balances
$38,930Securities
$12,495Federal funds sold & reverse repurchase agreements
$77,653Net loans & leases
$1,050Loan loss allowance
$0Trading account assets
$3,154Bank premises and fixed assets
$643Other real estate owned
$9,628Goodwill and other intangibles
$0Life insurance assets
$1,250All other assets
$148,449Total liabilities and capital
$127,931Total liabilities
$117,293Total deposits
$104,405Interest-bearing deposits
$117,293Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$9,417Other borrowed funds
$0Subordinated debt
$1,221All other liabilities
$20,518Total equity capital
$20,518Total bank equity capital
$20,518Perpetual preferred stock
$0Common stock
$90Surplus
$19,180Undivided profits
Memoranda
$1,248Noncurrent loans and leases
$11,143Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$596Earning assets
$0Long-term assets (5+ years)
$562Average Assets, year-to-date
$130,563Average Assets, quarterly
$33,298Volatile liabilities
$129,743Insider loans
$145,580FHLB advances
$32,384Loans and leases held for sale
$1,988Unused loan commitments
$9,417Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$11,143Total unused commitments
$0Restructured Loans and leases
$1,050Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$4,380Total interest income
$1,705Total interest expense
$2,675Net interest income
$87Provision for loan and lease losses
$581Total noninterest income
$0Fiduciary activities
$377Service charges on deposit accounts
$0Trading account gains & fees
$204Additional noninterest income
$1,817Total noninterest expense
$981Salaries and employee benefits
$306Premises and equipment expense
$530Additional noninterest expense
$1,352Pre-tax net operating income
$27Securities gains (losses)
$397Applicable income taxes
$982Income before extraordinary items
$0Extraordinary gains - net
$982Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$5Sale, conversion, retirement of capital stock, net
$466Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.83%Yield on earning assets
1.49%Cost of funding earning assets
2.34%Net interest margin
0.51%Noninterest income to earning assets
1.59%Noninterest expense to earning assets
0.74%Net operating income to assets
0.76%Return on assets (ROA)
1.06%Pretax return on assets
6.07%Return on equity (ROE)
3.19%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
1740.00%Credit loss provision to net charge-offs
287.80%Efficiency ratio
54,300Assets per employee
3.45%Cash dividends to net income (YTD only)
Condition Ratios (%)
47.45%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
176.17%Noncurrent assets plus other real estate owned to assets
0.83%Noncurrent loans to loans
0.76%Net loans and leases to deposits
66.20%Net loans and leases to core deposits
91.37%Equity capital to assets
13.82%Core capital (leverage) ratio
7.47%Tier 1 risk-based capital ratio
11.66%Total risk-based capital ratio
Memoranda
$13Average assets
$129,743Average earning assets
$16,180Average equity
$114,270Average loans
Total Fiduciary and Related Assets (December 31, 2002)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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