The Planters Bank in Osceola, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 10, 1999

The Planters Bank in Osceola, Arkansas (AR)
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The Planters Bank - Overview

General
FDIC Certificate #: 16155
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Regions Bank (#12368)
Federal Reserve ID: 581741
Date Established: May 15, 1944
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 14702
FDIC's unique #: 10367
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: May 15, 1944
Last Structure Change Effective Date: September 10, 1999
Last Structure Change Process Date: October 13, 1999
Last Data Update: October 13, 1999
Data Source Date: April 05, 2012
Location
Address: 1300 West Keiser Avenue, Osceola, AR 72370
County: Mississippi
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Atlanta
FDIC Field Office: Memphis
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Core Based Statistical Area (CBSA): Blytheville, AR (#14180)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $58.3 mil

1992 - 1999 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, 1998)

Dollar figures in thousands
19Total employees (full-time equivalent)
$56,137Total assets
$2,146Cash and due from depository institutions
$0Interest-bearing balances
$10,631Securities
$0Federal funds sold & reverse repurchase agreements
$40,771Net loans & leases
$427Loan loss allowance
$0Trading account assets
$1,174Bank premises and fixed assets
$58Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,357All other assets
$56,137Total liabilities and capital
$51,741Total liabilities
$50,583Total deposits
$41,880Interest-bearing deposits
$50,583Deposits held in domestic offices
0.00%% insured (estimated)
$750Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$408All other liabilities
$4,396Total equity capital
$4,396Total bank equity capital
$4,396Perpetual preferred stock
$0Common stock
$100Surplus
$1,400Undivided profits
Memoranda
$2,896Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$143Earning assets
$0Long-term assets (5+ years)
$949Average Assets, year-to-date
$51,402Average Assets, quarterly
$190Volatile liabilities
$55,440Insider loans
$55,678FHLB advances
$12,970Loans and leases held for sale
$643Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$6,737Total unused commitments
$0Restructured Loans and leases
$40,338Derivatives

Income and Expense (December 31, 1998)

Dollar figures in thousands
$4,376Total interest income
$2,072Total interest expense
$2,304Net interest income
$110Provision for loan and lease losses
$622Total noninterest income
$0Fiduciary activities
$467Service charges on deposit accounts
$0Trading account gains & fees
$155Additional noninterest income
$1,303Total noninterest expense
$572Salaries and employee benefits
$170Premises and equipment expense
$561Additional noninterest expense
$1,513Pre-tax net operating income
$0Securities gains (losses)
$542Applicable income taxes
$971Income before extraordinary items
$0Extraordinary gains - net
$971Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$122Sale, conversion, retirement of capital stock, net
$1,193Net operating income

Performance and Condition Ratios (December 31, 1998)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.64%Yield on earning assets
4.09%Cost of funding earning assets
4.55%Net interest margin
1.23%Noninterest income to earning assets
2.57%Noninterest expense to earning assets
1.75%Net operating income to assets
1.75%Return on assets (ROA)
2.73%Pretax return on assets
21.47%Return on equity (ROE)
-4.91%Retained earnings to average equity (YTD only)
0.31%Net charge-offs to loans
90.16%Credit loss provision to net charge-offs
13.30%Efficiency ratio
44,532Assets per employee
2.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
122.86%Loss allowance to loans
1.04%Loss allowance to noncurrent loans
298.60%Noncurrent assets plus other real estate owned to assets
0.36%Noncurrent loans to loans
0.35%Net loans and leases to deposits
80.60%Net loans and leases to core deposits
106.28%Equity capital to assets
7.83%Core capital (leverage) ratio
7.84%Tier 1 risk-based capital ratio
10.88%Total risk-based capital ratio
Memoranda
$12Average assets
$55,440Average earning assets
$4,522Average equity
$50,633Average loans

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