Alerion Bank in city_name, state_name - Detailed Financial Reports, Location

Alerion Bank in New Orleans, Louisiana (LA)
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Alerion Bank - Overview

General
FDIC Certificate #: 892
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank One, Louisiana, National Association (#4306)
Federal Reserve ID: 188337
Date Established: December 01, 1917
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 9 (Interstate: No)
OTS Docket #: 9259
FDIC's unique #: 570
Numeric code: 13
Regulator: FED
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: January 01, 1934
Last Structure Change Effective Date: December 23, 1993
Last Structure Change Process Date: January 06, 1994
Last Data Update: January 06, 1994
Data Source Date: April 05, 2012
Location
Address: 200 Carondelet Street, New Orleans, LA 70130
County: Orleans
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Baton Rouge
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): New Orleans, LA (#5560)
Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406)
Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380)
CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
Financial Summary
Total assets: $324.3 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$130Total assets
$347,993Cash and due from depository institutions
$12,170Interest-bearing balances
$0Securities
$128,508Federal funds sold & reverse repurchase agreements
$17,000Net loans & leases
$179,152Loan loss allowance
$4,785Trading account assets
$0Bank premises and fixed assets
$4,510Other real estate owned
$2,834Goodwill and other intangibles
$3,819Life insurance assets
$0All other assets
$0Total liabilities and capital
$347,993Total liabilities
$315,070Total deposits
$292,760Interest-bearing deposits
$242,931Deposits held in domestic offices
292760.00%% insured (estimated)
$79Federal funds purchased & repurchase agreements
$20,269Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$2,041Total equity capital
$2,041Total bank equity capital
$32,923Perpetual preferred stock
$14,000Common stock
$4,000Surplus
$16,000Undivided profits
Memoranda
$-1,077Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,522Income earned, not collected on loans
$1,097Earning assets
$324,660Long-term assets (5+ years)
$74,170Average Assets, year-to-date
$341,290Average Assets, quarterly
$338,336Volatile liabilities
$65,209Insider loans
$39FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$28,759Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$32,923Total risk weighted assets
$213,360Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$24,420Total interest expense
$10,725Net interest income
$13,695Provision for loan and lease losses
$3,040Total noninterest income
$3,647Fiduciary activities
$134Service charges on deposit accounts
$1,876Trading account gains & fees
$6Additional noninterest income
$1,631Total noninterest expense
$12,887Salaries and employee benefits
$5,494Premises and equipment expense
$3,271Additional noninterest expense
$4,122Pre-tax net operating income
$1,415Securities gains (losses)
$1,008Applicable income taxes
$861Income before extraordinary items
$1,562Extraordinary gains - net
$801Net income attributable to bank
$2,363Net charge-offs
$3,904Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.73%Cost of funding earning assets
3.40%Net interest margin
4.34%Noninterest income to earning assets
1.15%Noninterest expense to earning assets
4.08%Net operating income to assets
0.27%Return on assets (ROA)
0.69%Pretax return on assets
0.94%Return on equity (ROE)
7.46%Retained earnings to average equity (YTD only)
7.46%Net charge-offs to loans
1.94%Credit loss provision to net charge-offs
77.87%Efficiency ratio
74,311Assets per employee
2.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.60%Loss allowance to noncurrent loans
105.82%Noncurrent assets plus other real estate owned to assets
2.11%Noncurrent loans to loans
2.46%Net loans and leases to deposits
61.19%Net loans and leases to core deposits
72.29%Equity capital to assets
9.46%Core capital (leverage) ratio
9.70%Tier 1 risk-based capital ratio
15.43%Total risk-based capital ratio
Memoranda
$17Average assets
$341,290Average earning assets
$31,660Average equity
$315,865Average loans

Alerion Bank in New Orleans, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Alerion Bank - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

Alerion Bank in New Orleans, Louisiana (LA)Overview, Financial Summary, Detailed Financial Reports, Branches

Alerion Bank - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

Alerion Bank in New Orleans, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches