Union Planters Bank of Northeast Mississippi, National Association in New Albany, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1998

Union Planters Bank of Northeast Mississippi, National Association in New Albany, Mississippi (MS)
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Union Planters Bank of Northeast Mississippi, National Association - Overview

General
FDIC Certificate #: 19445
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Union Planters Bank, National Association (#4979)
Federal Reserve ID: 582542
Date Established: January 01, 1905
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 12 (Interstate: No)
OTS Docket #: 13083
FDIC's unique #: 13246
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: June 05, 1965
Last Structure Change Effective Date: January 01, 1998
Last Structure Change Process Date: January 26, 1998
Last Data Update: January 26, 1998
Data Source Date: April 05, 2012
Location
Address: 112 East Bankhead Street, New Albany, MS 38652
County: Union
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Memphis
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $296.8 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
127Total employees (full-time equivalent)
$296,837Total assets
$27,053Cash and due from depository institutions
$0Interest-bearing balances
$68,908Securities
$0Federal funds sold & reverse repurchase agreements
$191,948Net loans & leases
$2,664Loan loss allowance
$0Trading account assets
$4,747Bank premises and fixed assets
$573Other real estate owned
$68Goodwill and other intangibles
$0Life insurance assets
$3,540All other assets
$296,837Total liabilities and capital
$278,005Total liabilities
$264,215Total deposits
$226,698Interest-bearing deposits
$264,215Deposits held in domestic offices
0.00%% insured (estimated)
$9,200Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$4,590All other liabilities
$18,832Total equity capital
$18,832Total bank equity capital
$18,832Perpetual preferred stock
$0Common stock
$800Surplus
$13,085Undivided profits
Memoranda
$4,947Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,051Earning assets
$0Long-term assets (5+ years)
$1,792Average Assets, year-to-date
$260,856Average Assets, quarterly
$28,556Volatile liabilities
$277,436Insider loans
$287,833FHLB advances
$46,232Loans and leases held for sale
$1,897Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$16,889Total unused commitments
$0Restructured Loans and leases
$163,816Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$21,177Total interest income
$9,584Total interest expense
$11,593Net interest income
$385Provision for loan and lease losses
$2,833Total noninterest income
$41Fiduciary activities
$2,086Service charges on deposit accounts
$0Trading account gains & fees
$706Additional noninterest income
$7,606Total noninterest expense
$3,947Salaries and employee benefits
$1,201Premises and equipment expense
$2,458Additional noninterest expense
$6,435Pre-tax net operating income
$0Securities gains (losses)
$2,116Applicable income taxes
$4,319Income before extraordinary items
$0Extraordinary gains - net
$4,319Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$281Sale, conversion, retirement of capital stock, net
$3,636Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.30%Yield on earning assets
3.76%Cost of funding earning assets
4.54%Net interest margin
1.11%Noninterest income to earning assets
2.98%Noninterest expense to earning assets
1.56%Net operating income to assets
1.56%Return on assets (ROA)
2.32%Pretax return on assets
23.64%Return on equity (ROE)
3.74%Retained earnings to average equity (YTD only)
0.15%Net charge-offs to loans
137.01%Credit loss provision to net charge-offs
24.27%Efficiency ratio
52,412Assets per employee
2.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
84.19%Loss allowance to loans
1.37%Loss allowance to noncurrent loans
253.47%Noncurrent assets plus other real estate owned to assets
0.55%Noncurrent loans to loans
0.54%Net loans and leases to deposits
72.65%Net loans and leases to core deposits
84.49%Equity capital to assets
6.34%Core capital (leverage) ratio
6.31%Tier 1 risk-based capital ratio
11.07%Total risk-based capital ratio
Memoranda
$12Average assets
$277,436Average earning assets
$18,267Average equity
$255,210Average loans

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