The New Iberia Bank in New Iberia, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 20, 1998

  • The New Iberia Bank in New Iberia, Louisiana (LA)
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The New Iberia Bank - Overview

  • General
  • FDIC Certificate #: 4294
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank (#12368)
    Federal Reserve ID: 330734
    Date Established: March 27, 1887
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 12 (Interstate: No)
    FDIC's unique #: 2815
    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 20, 1998
    Last Structure Change Process Date: July 15, 1998
    Last Data Update: July 15, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 800 South Lewis Street, New Iberia, LA 70560
    County: Iberia
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Combined Statistical Area (CSA): Lafayette-Acadiana, LA (#318)
    Core Based Statistical Area (CBSA): New Iberia, LA (#35340)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $352.9 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
  • 148Total employees (full-time equivalent)
  • $330,200Total assets
  • $14,586Cash and due from depository institutions
  • $0Interest-bearing balances
  • $101,084Securities
  • $22,251Federal funds sold & reverse repurchase agreements
  • $184,463Net loans & leases
  • $2,690Loan loss allowance
  • $0Trading account assets
  • $5,072Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,744All other assets
  • $330,200Total liabilities and capital
  • $301,169Total liabilities
  • $295,934Total deposits
  • $245,805Interest-bearing deposits
  • $295,934Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $4,263Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $972All other liabilities
  • $29,031Total equity capital
  • $29,031Total bank equity capital
  • $29,031Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $9,000Undivided profits
  • Memoranda
  • $19,531Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,234Earning assets
  • $0Long-term assets (5+ years)
  • $1,131Average Assets, year-to-date
  • $307,798Average Assets, quarterly
  • $73,636Volatile liabilities
  • $311,936Insider loans
  • $320,647FHLB advances
  • $51,857Loans and leases held for sale
  • $1,648Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $240Total risk weighted assets
  • $37,516Total unused commitments
  • $0Restructured Loans and leases
  • $198,024Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $23,829Total interest income
  • $10,924Total interest expense
  • $12,905Net interest income
  • $730Provision for loan and lease losses
  • $2,046Total noninterest income
  • $6Fiduciary activities
  • $1,363Service charges on deposit accounts
  • $0Trading account gains & fees
  • $677Additional noninterest income
  • $9,025Total noninterest expense
  • $4,842Salaries and employee benefits
  • $1,045Premises and equipment expense
  • $3,138Additional noninterest expense
  • $5,196Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,488Applicable income taxes
  • $3,708Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,708Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,587Sale, conversion, retirement of capital stock, net
  • $690Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.21%Yield on earning assets
  • 3.76%Cost of funding earning assets
  • 4.45%Net interest margin
  • 0.70%Noninterest income to earning assets
  • 3.11%Noninterest expense to earning assets
  • 1.19%Net operating income to assets
  • 1.19%Return on assets (ROA)
  • 1.67%Pretax return on assets
  • 13.74%Return on equity (ROE)
  • 11.19%Retained earnings to average equity (YTD only)
  • 0.85%Net charge-offs to loans
  • 46.00%Credit loss provision to net charge-offs
  • 3.73%Efficiency ratio
  • 59,655Assets per employee
  • 2.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 18.61%Loss allowance to loans
  • 1.44%Loss allowance to noncurrent loans
  • 120.41%Noncurrent assets plus other real estate owned to assets
  • 0.68%Noncurrent loans to loans
  • 1.19%Net loans and leases to deposits
  • 62.33%Net loans and leases to core deposits
  • 74.28%Equity capital to assets
  • 8.79%Core capital (leverage) ratio
  • 8.86%Tier 1 risk-based capital ratio
  • 14.43%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $311,936Average earning assets
  • $26,982Average equity
  • $290,295Average loans

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