The Peoples Bank in Elba, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 18, 1995

The Peoples Bank in Elba, Alabama (AL)
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The Peoples Bank - Overview

General
FDIC Certificate #: 19110
Status: Inactive
Closing history: Office Sold
Acquiring institution: The Peoples Bank of Coffee County (#33985)
Federal Reserve ID: 210032
Date Established: May 01, 1964
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 9 (Interstate: No)
FDIC's unique #: 12942
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: May 01, 1964
Last Structure Change Effective Date: Febuary 18, 1995
Last Structure Change Process Date: Febuary 22, 1995
Last Data Update: Febuary 22, 1995
Data Source Date: April 05, 2012
Location
Address: 429 Claxton Avenue, Elba, AL 36323
County: Coffee
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Montgomery
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Combined Statistical Area (CSA): Dothan-Enterprise-Ozark, AL (#222)
Core Based Statistical Area (CBSA): Enterprise-Ozark, AL (#21460)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Corrections
Office Sold
Financial Summary
Total assets: $186.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$104Total assets
$186,408Cash and due from depository institutions
$11,911Interest-bearing balances
$100Securities
$46,730Federal funds sold & reverse repurchase agreements
$20,695Net loans & leases
$100,958Loan loss allowance
$1,402Trading account assets
$0Bank premises and fixed assets
$3,484Other real estate owned
$417Goodwill and other intangibles
$2,107Life insurance assets
$106All other assets
$0Total liabilities and capital
$186,408Total liabilities
$175,479Total deposits
$174,667Interest-bearing deposits
$145,897Deposits held in domestic offices
174667.00%% insured (estimated)
$88Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$812Total equity capital
$812Total bank equity capital
$10,929Perpetual preferred stock
$0Common stock
$62Surplus
$1,773Undivided profits
Memoranda
$9,094Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$429Income earned, not collected on loans
$772Earning assets
$168,483Long-term assets (5+ years)
$20,218Average Assets, year-to-date
$183,880Average Assets, quarterly
$186,101Volatile liabilities
$16,784Insider loans
$3,331FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$5,056Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$11,382Total risk weighted assets
$106,152Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$13,043Total interest expense
$6,218Net interest income
$6,825Provision for loan and lease losses
$445Total noninterest income
$1,558Fiduciary activities
$0Service charges on deposit accounts
$975Trading account gains & fees
$0Additional noninterest income
$583Total noninterest expense
$5,447Salaries and employee benefits
$2,740Premises and equipment expense
$865Additional noninterest expense
$1,842Pre-tax net operating income
$2,491Securities gains (losses)
$0Applicable income taxes
$691Income before extraordinary items
$1,800Extraordinary gains - net
$0Net income attributable to bank
$1,800Net charge-offs
$459Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.74%Cost of funding earning assets
3.69%Net interest margin
4.05%Noninterest income to earning assets
0.92%Noninterest expense to earning assets
3.23%Net operating income to assets
0.98%Return on assets (ROA)
0.98%Pretax return on assets
1.35%Return on equity (ROE)
17.71%Retained earnings to average equity (YTD only)
17.71%Net charge-offs to loans
0.46%Credit loss provision to net charge-offs
96.95%Efficiency ratio
64,535Assets per employee
1.79%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.37%Loss allowance to noncurrent loans
326.81%Noncurrent assets plus other real estate owned to assets
0.45%Noncurrent loans to loans
0.42%Net loans and leases to deposits
57.80%Net loans and leases to core deposits
63.94%Equity capital to assets
5.86%Core capital (leverage) ratio
6.12%Tier 1 risk-based capital ratio
10.72%Total risk-based capital ratio
Memoranda
$12Average assets
$183,880Average earning assets
$10,163Average equity
$168,582Average loans

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