Union Planters Bank of Northwest Mississippi in city_name, state_name

Union Planters Bank of Northwest Mississippi in Clarksdale, Mississippi (MS)
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Union Planters Bank of Northwest Mississippi - Overview

General
FDIC Certificate #: 8229
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Union Planters Bank, National Association (#4979)
Federal Reserve ID: 128445
Date Established: September 15, 1900
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 34 (Interstate: No)
OTS Docket #: 11679
FDIC's unique #: 5247
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: 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: 205 East 2nd Street, Clarksdale, MS 38614
County: Coahoma
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
Core Based Statistical Area (CBSA): Clarksdale, MS (#17260)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $598.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
268Total employees (full-time equivalent)
$598,397Total assets
$30,250Cash and due from depository institutions
$102Interest-bearing balances
$226,042Securities
$7,590Federal funds sold & reverse repurchase agreements
$313,777Net loans & leases
$5,553Loan loss allowance
$0Trading account assets
$7,103Bank premises and fixed assets
$347Other real estate owned
$114Goodwill and other intangibles
$0Life insurance assets
$13,174All other assets
$598,397Total liabilities and capital
$555,425Total liabilities
$539,246Total deposits
$438,168Interest-bearing deposits
$539,246Deposits held in domestic offices
0.00%% insured (estimated)
$11,216Federal funds purchased & repurchase agreements
$0Trading liabilities
$59Other borrowed funds
$0Subordinated debt
$4,904All other liabilities
$42,972Total equity capital
$42,972Total bank equity capital
$42,972Perpetual preferred stock
$0Common stock
$2,452Surplus
$37,244Undivided profits
Memoranda
$3,276Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,648Earning assets
$27Long-term assets (5+ years)
$4,462Average Assets, year-to-date
$547,511Average Assets, quarterly
$75,833Volatile liabilities
$559,184Insider loans
$574,340FHLB advances
$76,850Loans and leases held for sale
$7,502Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$57,899Total unused commitments
$0Restructured Loans and leases
$345,139Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$41,704Total interest income
$17,350Total interest expense
$24,354Net interest income
$1,222Provision for loan and lease losses
$7,569Total noninterest income
$261Fiduciary activities
$5,664Service charges on deposit accounts
$0Trading account gains & fees
$1,644Additional noninterest income
$16,653Total noninterest expense
$8,240Salaries and employee benefits
$2,445Premises and equipment expense
$5,968Additional noninterest expense
$14,048Pre-tax net operating income
-$748Securities gains (losses)
$2,908Applicable income taxes
$10,392Income before extraordinary items
$0Extraordinary gains - net
$10,392Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$821Sale, conversion, retirement of capital stock, net
$9,644Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.15%Yield on earning assets
3.39%Cost of funding earning assets
4.76%Net interest margin
1.48%Noninterest income to earning assets
3.26%Noninterest expense to earning assets
1.96%Net operating income to assets
1.86%Return on assets (ROA)
2.38%Pretax return on assets
25.43%Return on equity (ROE)
1.83%Retained earnings to average equity (YTD only)
0.25%Net charge-offs to loans
148.84%Credit loss provision to net charge-offs
18.60%Efficiency ratio
52,060Assets per employee
2.23%Cash dividends to net income (YTD only)
Condition Ratios (%)
92.80%Loss allowance to loans
1.74%Loss allowance to noncurrent loans
209.71%Noncurrent assets plus other real estate owned to assets
0.50%Noncurrent loans to loans
0.83%Net loans and leases to deposits
58.19%Net loans and leases to core deposits
66.25%Equity capital to assets
7.18%Core capital (leverage) ratio
6.83%Tier 1 risk-based capital ratio
11.62%Total risk-based capital ratio
Memoranda
$13Average assets
$559,184Average earning assets
$40,870Average equity
$511,507Average loans

Union Planters Bank of Northwest Mississippi in Clarksdale, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

Union Planters Bank of Northwest Mississippi - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

Comment about this bank, ask questions, or add new information about it:

Union Planters Bank of Northwest Mississippi in Clarksdale, Mississippi (MS)Overview, Financial Summary, Detailed Financial Reports, Branches

Union Planters Bank of Northwest Mississippi - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

Comment about this bank, ask questions, or add new information about it:

Union Planters Bank of Northwest Mississippi in Clarksdale, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches