FDIC Certificate #: 17784 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Whitney Bank (#33029) Federal Reserve ID: 27931 Date Established: August 03, 1957 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 15 (Interstate: No) OTS Docket #: 10386 FDIC's unique #: 11735 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: August 03, 1957 Last Structure Change Effective Date: July 22, 1999 Last Structure Change Process Date: October 28, 1999 Last Data Update: October 28, 1999 Data Source Date: April 05, 2012
Location
Address: 126 East Main Street, Ville Platte, LA 70586 County: Evangeline 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
Financial Summary
Total assets: $249.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
185Total employees (full-time equivalent)
$230,184Total assets
$14,560Cash and due from depository institutions
$69Interest-bearing balances
$73,179Securities
$7,725Federal funds sold & reverse repurchase agreements
$102,241Net loans & leases
$2,571Loan loss allowance
$0Trading account assets
$6,243Bank premises and fixed assets
$1,129Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$25,107All other assets
$230,184Total liabilities and capital
$207,133Total liabilities
$202,998Total deposits
$154,942Interest-bearing deposits
$202,998Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,220Other borrowed funds
$0Subordinated debt
$915All other liabilities
$23,051Total equity capital
$23,051Total bank equity capital
$23,051Perpetual preferred stock
$0Common stock
$448Surplus
$8,000Undivided profits
Memoranda
$14,603Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$4,016Earning assets
$0Long-term assets (5+ years)
$907Average Assets, year-to-date
$183,214Average Assets, quarterly
$53,783Volatile liabilities
$229,919Insider loans
$229,694FHLB advances
$22,933Loans and leases held for sale
$419Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$17,747Total unused commitments
$0Restructured Loans and leases
$134,949Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$15,418Total interest income
$6,789Total interest expense
$8,629Net interest income
$1,340Provision for loan and lease losses
$8,496Total noninterest income
$0Fiduciary activities
$2,136Service charges on deposit accounts
$0Trading account gains & fees
$6,360Additional noninterest income
$11,837Total noninterest expense
$4,868Salaries and employee benefits
$1,641Premises and equipment expense
$5,328Additional noninterest expense
$3,948Pre-tax net operating income
$334Securities gains (losses)
$1,236Applicable income taxes
$3,046Income before extraordinary items
$0Extraordinary gains - net
$3,046Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$440Sale, conversion, retirement of capital stock, net
$1,406Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.48%Yield on earning assets
3.73%Cost of funding earning assets
4.75%Net interest margin
4.67%Noninterest income to earning assets
6.51%Noninterest expense to earning assets
1.22%Net operating income to assets
1.32%Return on assets (ROA)
1.86%Pretax return on assets
13.21%Return on equity (ROE)
7.11%Retained earnings to average equity (YTD only)
0.42%Net charge-offs to loans
304.55%Credit loss provision to net charge-offs
12.02%Efficiency ratio
69,121Assets per employee
1.24%Cash dividends to net income (YTD only)
Condition Ratios (%)
46.16%Loss allowance to loans
2.45%Loss allowance to noncurrent loans
64.02%Noncurrent assets plus other real estate owned to assets
2.24%Noncurrent loans to loans
3.83%Net loans and leases to deposits
50.37%Net loans and leases to core deposits
56.78%Equity capital to assets
10.01%Core capital (leverage) ratio
9.61%Tier 1 risk-based capital ratio
16.78%Total risk-based capital ratio
Memoranda
$18Average assets
$229,919Average earning assets
$23,059Average equity
$181,804Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with American Security Bank of Ville Platte.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: