FDIC Certificate #: 31921 Status: Inactive Closing history: Corrections Acquiring institution:Concordia Bank & Trust Company (#8527) Federal Reserve ID: 918075 Date Established: January 01, 1973 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 7605 FDIC's unique #: 44755 Numeric code: 35 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: March 10, 1978 Last Structure Change Effective Date: May 14, 1999 Last Structure Change Process Date: June 18, 1999 Last Data Update: June 18, 1999 Data Source Date: April 05, 2012
Location
Address: Courthouse Square, Woodville, MS 39669 County: Wilkinson Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Jackson Ms Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West
History of Changes
Merger - Without Assistance
Participated in Reorganization
Corrections
Financial Summary
Total assets: $25.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
8Total employees (full-time equivalent)
$23,409Total assets
$671Cash and due from depository institutions
$456Interest-bearing balances
$10,746Securities
$0Federal funds sold & reverse repurchase agreements
$11,401Net loans & leases
$169Loan loss allowance
$0Trading account assets
$197Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$394All other assets
$23,409Total liabilities and capital
$21,494Total liabilities
$20,932Total deposits
$20,808Interest-bearing deposits
$20,932Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$400Other borrowed funds
$0Subordinated debt
$162All other liabilities
$1,915Total equity capital
$1,915Total bank equity capital
$1,915Perpetual preferred stock
$0Common stock
$65Surplus
$225Undivided profits
Memoranda
$1,625Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$73Earning assets
$0Long-term assets (5+ years)
$84Average Assets, year-to-date
$22,603Average Assets, quarterly
$0Volatile liabilities
$21,735Insider loans
$22,657FHLB advances
$5,633Loans and leases held for sale
$642Unused loan commitments
$400Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$413Total unused commitments
$0Restructured Loans and leases
$9,331Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$1,558Total interest income
$942Total interest expense
$616Net interest income
$0Provision for loan and lease losses
$130Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$130Additional noninterest income
$591Total noninterest expense
$321Salaries and employee benefits
$126Premises and equipment expense
$144Additional noninterest expense
$155Pre-tax net operating income
$0Securities gains (losses)
$47Applicable income taxes
$108Income before extraordinary items
$0Extraordinary gains - net
$108Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$1Sale, conversion, retirement of capital stock, net
$68Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.43%Yield on earning assets
4.49%Cost of funding earning assets
2.94%Net interest margin
0.62%Noninterest income to earning assets
2.82%Noninterest expense to earning assets
0.50%Net operating income to assets
0.50%Return on assets (ROA)
0.71%Pretax return on assets
5.64%Return on equity (ROE)
2.09%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
79,223Assets per employee
2.93%Cash dividends to net income (YTD only)
Condition Ratios (%)
62.96%Loss allowance to loans
1.46%Loss allowance to noncurrent loans
231.51%Noncurrent assets plus other real estate owned to assets
0.31%Noncurrent loans to loans
0.63%Net loans and leases to deposits
54.47%Net loans and leases to core deposits
72.62%Equity capital to assets
8.18%Core capital (leverage) ratio
8.28%Tier 1 risk-based capital ratio
20.80%Total risk-based capital ratio
Memoranda
$22Average assets
$21,735Average earning assets
$1,916Average equity
$20,972Average loans
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