Wilmot State Bank in Wilmot, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 16, 1996

Wilmot State Bank in Wilmot, Arkansas (AR)
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Wilmot State Bank - Overview

General
FDIC Certificate #: 15550
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Delta Trust & Bank (#92)
Federal Reserve ID: 688341
Date Established: October 12, 1937
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 9844
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: November 10, 1937
Last Structure Change Effective Date: September 16, 1996
Last Structure Change Process Date: November 07, 1996
Last Data Update: November 07, 1996
Data Source Date: April 05, 2012
Location
Address: 418 East Main Street, Wilmot, AR 71676
County: Ashley
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
Financial Summary
Total assets: $10.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$6Total assets
$11,384Cash and due from depository institutions
$370Interest-bearing balances
$0Securities
$3,429Federal funds sold & reverse repurchase agreements
$3,795Net loans & leases
$3,643Loan loss allowance
$34Trading account assets
$0Bank premises and fixed assets
$20Other real estate owned
$0Goodwill and other intangibles
$127Life insurance assets
$0All other assets
$0Total liabilities and capital
$11,384Total liabilities
$10,143Total deposits
$10,088Interest-bearing deposits
$8,669Deposits held in domestic offices
10088.00%% insured (estimated)
$75Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$55Total equity capital
$55Total bank equity capital
$1,241Perpetual preferred stock
$0Common stock
$120Surplus
$755Undivided profits
Memoranda
$366Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$50Income earned, not collected on loans
$98Earning assets
$10,867Long-term assets (5+ years)
$352Average Assets, year-to-date
$11,091Average Assets, quarterly
$11,234Volatile liabilities
$3,311Insider loans
$789FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,251Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,241Total risk weighted assets
$5,527Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$772Total interest expense
$360Net interest income
$412Provision for loan and lease losses
$0Total noninterest income
$23Fiduciary activities
$0Service charges on deposit accounts
$16Trading account gains & fees
$0Additional noninterest income
$7Total noninterest expense
$297Salaries and employee benefits
$156Premises and equipment expense
$28Additional noninterest expense
$113Pre-tax net operating income
$138Securities gains (losses)
$1Applicable income taxes
$25Income before extraordinary items
$114Extraordinary gains - net
$0Net income attributable to bank
$114Net charge-offs
$15Cash dividends
$554Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.52%Cost of funding earning assets
3.51%Net interest margin
4.01%Noninterest income to earning assets
0.22%Noninterest expense to earning assets
2.89%Net operating income to assets
1.02%Return on assets (ROA)
1.03%Pretax return on assets
1.25%Return on equity (ROE)
7.50%Retained earnings to average equity (YTD only)
-28.95%Net charge-offs to loans
0.34%Credit loss provision to net charge-offs
0.00%Efficiency ratio
68,276Assets per employee
1.90%Cash dividends to net income (YTD only)
Condition Ratios (%)
485.96%Loss allowance to loans
0.92%Loss allowance to noncurrent loans
68.00%Noncurrent assets plus other real estate owned to assets
0.44%Noncurrent loans to loans
1.36%Net loans and leases to deposits
36.11%Net loans and leases to core deposits
53.76%Equity capital to assets
10.90%Core capital (leverage) ratio
11.52%Tier 1 risk-based capital ratio
22.45%Total risk-based capital ratio
Memoranda
$23Average assets
$11,091Average earning assets
$1,520Average equity
$10,263Average loans

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