FDIC Certificate #: 8733 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Simmons First National Bank (#3890) Federal Reserve ID: 506342 Date Established: June 01, 1910 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 14353 FDIC's unique #: 5563 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: March 26, 1999 Last Structure Change Process Date: March 31, 1999 Last Data Update: March 31, 1999 Data Source Date: April 05, 2012
Location
Address: Main Street, Charleston, AR 72933 County: Franklin 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 Core Based Statistical Area (CBSA): Fort Smith, AR-OK (#22900) CBSA Metro Statistical Area: Fort Smith, AR-OK (#22900)
Financial Summary
Total assets: $89.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
34Total employees (full-time equivalent)
$89,619Total assets
$2,459Cash and due from depository institutions
$0Interest-bearing balances
$24,601Securities
$11,935Federal funds sold & reverse repurchase agreements
$43,653Net loans & leases
$572Loan loss allowance
$0Trading account assets
$2,232Bank premises and fixed assets
$543Other real estate owned
$67Goodwill and other intangibles
$0Life insurance assets
$4,129All other assets
$89,619Total liabilities and capital
$80,127Total liabilities
$73,708Total deposits
$67,430Interest-bearing deposits
$73,708Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$5,754Other borrowed funds
$0Subordinated debt
$665All other liabilities
$9,492Total equity capital
$9,492Total bank equity capital
$9,492Perpetual preferred stock
$0Common stock
$300Surplus
$1,000Undivided profits
Memoranda
$8,192Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$630Earning assets
$0Long-term assets (5+ years)
$386Average Assets, year-to-date
$80,189Average Assets, quarterly
$23,451Volatile liabilities
$87,647Insider loans
$88,962FHLB advances
$7,614Loans and leases held for sale
$147Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$882Total unused commitments
$0Restructured Loans and leases
$49,607Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$6,501Total interest income
$3,404Total interest expense
$3,097Net interest income
$279Provision for loan and lease losses
$486Total noninterest income
$0Fiduciary activities
$311Service charges on deposit accounts
$0Trading account gains & fees
$175Additional noninterest income
$2,278Total noninterest expense
$1,160Salaries and employee benefits
$486Premises and equipment expense
$632Additional noninterest expense
$1,026Pre-tax net operating income
$47Securities gains (losses)
$181Applicable income taxes
$892Income before extraordinary items
$0Extraordinary gains - net
$892Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$489Sale, conversion, retirement of capital stock, net
$180Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.31%Yield on earning assets
4.35%Cost of funding earning assets
3.96%Net interest margin
0.62%Noninterest income to earning assets
2.91%Noninterest expense to earning assets
0.97%Net operating income to assets
1.02%Return on assets (ROA)
1.22%Pretax return on assets
9.65%Return on equity (ROE)
7.71%Retained earnings to average equity (YTD only)
1.00%Net charge-offs to loans
57.06%Credit loss provision to net charge-offs
2.67%Efficiency ratio
62,601Assets per employee
2.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
20.18%Loss allowance to loans
1.29%Loss allowance to noncurrent loans
90.79%Noncurrent assets plus other real estate owned to assets
1.24%Noncurrent loans to loans
1.42%Net loans and leases to deposits
59.22%Net loans and leases to core deposits
63.83%Equity capital to assets
10.59%Core capital (leverage) ratio
10.57%Tier 1 risk-based capital ratio
18.96%Total risk-based capital ratio
Memoranda
$20Average assets
$87,647Average earning assets
$9,240Average equity
$78,219Average loans
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