FDIC Certificate #: 860 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:BankTrust (#26607) Federal Reserve ID: 237936 Date Established: August 02, 1902 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 25 (Interstate: No) OTS Docket #: 9694 FDIC's unique #: 545 Numeric code: 13 Regulator: FED 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: December 14, 2007 Last Structure Change Process Date: January 18, 2008 Last Data Update: January 18, 2008 Data Source Date: April 05, 2012
Location
Address: 310 Broad Street, Selma, AL 36701 County: Dallas 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 Core Based Statistical Area (CBSA): Selma, AL (#42820) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $938.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
277Total employees (full-time equivalent)
$904,594Total assets
$27,167Cash and due from depository institutions
$4,021Interest-bearing balances
$194,505Securities
$0Federal funds sold & reverse repurchase agreements
$625,402Net loans & leases
$6,398Loan loss allowance
$0Trading account assets
$25,387Bank premises and fixed assets
$1,034Other real estate owned
$6,428Goodwill and other intangibles
$8,879Life insurance assets
$24,671All other assets
$904,594Total liabilities and capital
$823,939Total liabilities
$768,876Total deposits
$684,069Interest-bearing deposits
$768,876Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$48,267Other borrowed funds
$0Subordinated debt
$6,796All other liabilities
$80,655Total equity capital
$80,655Total bank equity capital
$80,655Perpetual preferred stock
$0Common stock
$100Surplus
$19,864Undivided profits
Memoranda
$60,691Noncurrent loans and leases
$108,060Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$4,329Earning assets
$0Long-term assets (5+ years)
$4,905Average Assets, year-to-date
$823,928Average Assets, quarterly
$150,987Volatile liabilities
$853,099Insider loans
$891,493FHLB advances
$194,280Loans and leases held for sale
$7,250Unused loan commitments
$47,452Tier 1 (core) risk-based capital
$50,000Tier 2 risk-based capital
$0Total risk weighted assets
$108,060Total unused commitments
$779Restructured Loans and leases
$6,399Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$53,047Total interest income
$23,976Total interest expense
$29,071Net interest income
$45Provision for loan and lease losses
$9,595Total noninterest income
$934Fiduciary activities
$5,700Service charges on deposit accounts
$0Trading account gains & fees
$2,961Additional noninterest income
$25,850Total noninterest expense
$14,028Salaries and employee benefits
$5,172Premises and equipment expense
$6,650Additional noninterest expense
$12,771Pre-tax net operating income
-$18Securities gains (losses)
$3,786Applicable income taxes
$8,967Income before extraordinary items
$0Extraordinary gains - net
$8,967Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$301Sale, conversion, retirement of capital stock, net
$3,350Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.84%Yield on earning assets
3.09%Cost of funding earning assets
3.75%Net interest margin
1.24%Noninterest income to earning assets
3.33%Noninterest expense to earning assets
1.05%Net operating income to assets
1.05%Return on assets (ROA)
1.49%Pretax return on assets
11.44%Return on equity (ROE)
7.17%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
14.95%Credit loss provision to net charge-offs
42.58%Efficiency ratio
66,322Assets per employee
3.27%Cash dividends to net income (YTD only)
Condition Ratios (%)
37.36%Loss allowance to loans
1.01%Loss allowance to noncurrent loans
147.79%Noncurrent assets plus other real estate owned to assets
0.59%Noncurrent loans to loans
0.69%Net loans and leases to deposits
81.34%Net loans and leases to core deposits
108.84%Equity capital to assets
8.92%Core capital (leverage) ratio
8.98%Tier 1 risk-based capital ratio
11.14%Total risk-based capital ratio
Memoranda
$12Average assets
$853,099Average earning assets
$78,377Average equity
$775,949Average loans
Total Fiduciary and Related Assets (December 31, 2006)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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