FDIC Certificate #: 10525 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Regions Bank (#12368) Federal Reserve ID: 731537 Date Established: August 30, 1906 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) FDIC's unique #: 6740 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: January 01, 1934 Last Structure Change Effective Date: July 16, 1999 Last Structure Change Process Date: August 11, 1999 Last Data Update: August 11, 1999 Data Source Date: April 05, 2012
Location
Address: 1504 Hospital Avenue, Franklin, LA 70538 County: St. Mary 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 Core Based Statistical Area (CBSA): Morgan City, LA (#34020) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $98.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
53Total employees (full-time equivalent)
$107,936Total assets
$5,049Cash and due from depository institutions
$0Interest-bearing balances
$12,273Securities
$5,830Federal funds sold & reverse repurchase agreements
$81,128Net loans & leases
$2,912Loan loss allowance
$0Trading account assets
$1,782Bank premises and fixed assets
$199Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,675All other assets
$107,936Total liabilities and capital
$97,068Total liabilities
$96,577Total deposits
$71,797Interest-bearing deposits
$96,577Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$491All other liabilities
$10,868Total equity capital
$10,868Total bank equity capital
$10,868Perpetual preferred stock
$0Common stock
$300Surplus
$4,700Undivided profits
Memoranda
$5,868Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,063Earning assets
$0Long-term assets (5+ years)
$472Average Assets, year-to-date
$99,231Average Assets, quarterly
$14,018Volatile liabilities
$110,046Insider loans
$108,626FHLB advances
$16,777Loans and leases held for sale
$87Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$10,371Total unused commitments
$0Restructured Loans and leases
$79,942Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$9,256Total interest income
$3,125Total interest expense
$6,131Net interest income
$1,370Provision for loan and lease losses
$1,060Total noninterest income
$0Fiduciary activities
$794Service charges on deposit accounts
$0Trading account gains & fees
$266Additional noninterest income
$3,876Total noninterest expense
$1,832Salaries and employee benefits
$1,146Premises and equipment expense
$898Additional noninterest expense
$1,945Pre-tax net operating income
$0Securities gains (losses)
$615Applicable income taxes
$1,330Income before extraordinary items
$0Extraordinary gains - net
$1,330Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$339Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.17%Yield on earning assets
3.09%Cost of funding earning assets
6.07%Net interest margin
1.05%Noninterest income to earning assets
3.84%Noninterest expense to earning assets
1.21%Net operating income to assets
1.21%Return on assets (ROA)
1.77%Pretax return on assets
12.93%Return on equity (ROE)
12.93%Retained earnings to average equity (YTD only)
0.39%Net charge-offs to loans
404.13%Credit loss provision to net charge-offs
9.78%Efficiency ratio
53,901Assets per employee
2.04%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.47%Loss allowance to noncurrent loans
273.94%Noncurrent assets plus other real estate owned to assets
1.17%Noncurrent loans to loans
1.26%Net loans and leases to deposits
84.00%Net loans and leases to core deposits
101.66%Equity capital to assets
10.07%Core capital (leverage) ratio
10.15%Tier 1 risk-based capital ratio
13.48%Total risk-based capital ratio
Memoranda
$15Average assets
$110,046Average earning assets
$10,286Average equity
$100,984Average loans
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