Twin City Bank in North Little Rock, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 20, 2009

  • Twin City Bank in North Little Rock, Arkansas (AR)
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Twin City Bank - Overview

  • General
  • FDIC Certificate #: 33472
    Status: Inactive
    Closing history: Absorption - Without Assistance
    Acquiring institution: Centennial Bank (#11241)
    Federal Reserve ID: 2907484
    Date Established: July 26, 1991
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 17 (Interstate: No)
    OTS Docket #: 13401
    FDIC's unique #: 47178
    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: July 26, 1991
    Last Structure Change Effective Date: June 20, 2009
    Last Structure Change Process Date: June 22, 2009
    Last Data Update: June 22, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 2716 Lakewood Village Place, North Little Rock, AR 72116
    County: Pulaski
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Little Rock-North Little Rock, AR (#4400)
    Combined Statistical Area (CSA): Little Rock-North Little Rock-Pine Bluff, AR (#340)
    Core Based Statistical Area (CBSA): Little Rock-North Little Rock-Conway, AR (#30780)
    CBSA Metro Statistical Area: Little Rock-North Little Rock-Conway, AR (#30780)
  • Financial Summary
  • Total assets: $728.5 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, 2008)

  • Dollar figures in thousands
  • 117Total employees (full-time equivalent)
  • $722,947Total assets
  • $35,603Cash and due from depository institutions
  • $16,892Interest-bearing balances
  • $118,845Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $521,988Net loans & leases
  • $8,340Loan loss allowance
  • $0Trading account assets
  • $17,356Bank premises and fixed assets
  • $105Other real estate owned
  • $2,519Goodwill and other intangibles
  • $15,315Life insurance assets
  • $26,531All other assets
  • $722,947Total liabilities and capital
  • $652,849Total liabilities
  • $523,099Total deposits
  • $424,692Interest-bearing deposits
  • $523,099Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $76,717Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $50,000Other borrowed funds
  • $0Subordinated debt
  • $3,033All other liabilities
  • $70,098Total equity capital
  • $70,098Total bank equity capital
  • $70,098Perpetual preferred stock
  • $0Common stock
  • $170Surplus
  • $55,089Undivided profits
  • Memoranda
  • $14,839Noncurrent loans and leases
  • $134,356Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,554Earning assets
  • $0Long-term assets (5+ years)
  • $2,916Average Assets, year-to-date
  • $657,725Average Assets, quarterly
  • $46,203Volatile liabilities
  • $719,045Insider loans
  • $734,764FHLB advances
  • $186,260Loans and leases held for sale
  • $46,278Unused loan commitments
  • $50,000Tier 1 (core) risk-based capital
  • $40,842Tier 2 risk-based capital
  • $943Total risk weighted assets
  • $134,356Total unused commitments
  • $0Restructured Loans and leases
  • $8,013Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $37,023Total interest income
  • $12,753Total interest expense
  • $24,270Net interest income
  • $2,796Provision for loan and lease losses
  • $6,902Total noninterest income
  • $0Fiduciary activities
  • $4,048Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,854Additional noninterest income
  • $17,521Total noninterest expense
  • $6,824Salaries and employee benefits
  • $2,740Premises and equipment expense
  • $7,957Additional noninterest expense
  • $10,855Pre-tax net operating income
  • $0Securities gains (losses)
  • $3,681Applicable income taxes
  • $7,174Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,174Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,458Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.68%Yield on earning assets
  • 1.96%Cost of funding earning assets
  • 3.72%Net interest margin
  • 1.06%Noninterest income to earning assets
  • 2.69%Noninterest expense to earning assets
  • 1.00%Net operating income to assets
  • 1.00%Return on assets (ROA)
  • 1.51%Pretax return on assets
  • 10.83%Return on equity (ROE)
  • 10.83%Retained earnings to average equity (YTD only)
  • 0.48%Net charge-offs to loans
  • 113.75%Credit loss provision to net charge-offs
  • 5.55%Efficiency ratio
  • 54,684Assets per employee
  • 6.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.57%Loss allowance to noncurrent loans
  • 234.67%Noncurrent assets plus other real estate owned to assets
  • 0.51%Noncurrent loans to loans
  • 0.67%Net loans and leases to deposits
  • 99.79%Net loans and leases to core deposits
  • 126.22%Equity capital to assets
  • 9.70%Core capital (leverage) ratio
  • 9.53%Tier 1 risk-based capital ratio
  • 10.73%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $719,045Average earning assets
  • $66,217Average equity
  • $651,708Average loans

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