Arkansas County Bank in De Witt, Arkansas (AR)



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Arkansas County Bank routing number info

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Arkansas County Bank
GeneralFDIC Certificate #: 3858
Status: Active
Federal Reserve ID: 705444
Bank Holding Company (Regulatory Top Holder): Dewitt First Bankshares Corporation (RSSDID: 1099243, Location: Dewitt, AR)
Date Established: April 12, 1912
WWW: http://www.arkansascountybank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 3 (Domestic: 3, Interstate: No)
OTS Docket #: 9959
FDIC's unique #: 2513
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 02, 2012
Last Structure Change Process Date: March 02, 2012
Last Data Update: March 02, 2012
Data Source Date: April 05, 2012
LocationAddress: Cross And Jefferson, De Witt, AR 72042
County: Arkansas
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
History of ChangesChange in Primary Regulatory Agency
Change in Supervisory Agency
Institution Becomes a Member of FRS (Federal Reserve System)
Financial SummaryTotal assets: $157.7 mil
Equity capital: $16.6 mil
Deposits held in domestic offices: $126.2 mil
Return on assets (ROA): 1.50% ($2.4 mil)
Quarterly return on assets: 1.26% ($2.0 mil)
Return on Equity (ROE): 15.50% ($2.6 mil)
Quarterly return on equity: 12.29% ($2.1 mil)
Net income: $2.3 mil
Quarterly Net income: $0.5 mil
Pretax return on assets: 1.50% ($2,365.3 mil)
Quarterly Pretax return on assets: 1.26% ($1,986.9 mil)

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

2000 - 2011 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)58
Total assets$157,687
Cash and due from depository institutions$12,541
Interest-bearing balances$7,279
Securities$36,659
Federal funds sold & reverse repurchase agreements$9,850
Net loans & leases$91,228
Loan loss allowance $892
Trading account assets$0
Bank premises and fixed assets$4,819
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$2,590
Life insurance assets$157,687
Total liabilities and capital$141,081
Total liabilities$126,212
Total deposits$102,487
Interest-bearing deposits$126,212
Deposits held in domestic offices$87
% insured (estimated)7423.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$7,375
Other borrowed funds $0
Subordinated debt $71
All other liabilities $16,606
Total equity capital$16,606
Total bank equity capital$16,606
Perpetual preferred stock$0
Common stock$20
Surplus$7,538
Undivided profits $9,048
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $1,005
Earning assets $0
Long-term assets (5+ years) $1,612
Average Assets, year-to-date $145,016
Average Assets, quarterly $26,566
Volatile liabilities $155,469
Insider loans $160,010
FHLB advances $108,038
Loans and leases held for sale $158,658
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $15,543
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $17,517
Derivatives$9,968
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $7,840
Total interest expense $1,325
Net interest income $6,515
Provision for loan and lease losses $390
Total noninterest income $440
Fiduciary activities $28
Service charges on deposit accounts $279
Trading account gains & fees $0
Additional noninterest income $133
Total noninterest expense $4,242
Salaries and employee benefits $2,547
Premises and equipment expense $484
Additional noninterest expense $1,211
Pre-tax net operating income $2,323
Securities gains (losses) $16
Applicable income taxes $0
Income before extraordinary items $2,339
Extraordinary gains - net $0
Net income attributable to bank $2,339
Net charge-offs $0
Cash dividends $2,339
Sale, conversion, retirement of capital stock, net $202
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.44%
Cost of funding earning assets 0.92%
Net interest margin 4.52%
Noninterest income to earning assets 0.31%
Noninterest expense to earning assets 2.95%
Net operating income to assets 1.49%
Return on assets (ROA) 1.50%
Pretax return on assets 1.50%
Return on equity (ROE) 15.50%
Retained earnings to average equity (YTD only) 15.50%
Net charge-offs to loans 0.21%
Credit loss provision to net charge-offs 193.07%
Efficiency ratio13.43%
Assets per employee$60,992
Cash dividends to net income (YTD only)2.72%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 0.97%
Noncurrent assets plus other real estate owned to assets 88.76%
Noncurrent loans to loans 0.64%
Net loans and leases to deposits1.09%
Net loans and leases to core deposits 72.28%
Equity capital to assets 80.34%
Core capital (leverage) ratio 10.53%
Tier 1 risk-based capital ratio 9.80%
Total risk-based capital ratio 14.39%
Memoranda
Average assets$15
Average earning assets$155,469
Average equity $15,093
Average loans $144,009
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$22,342
Number of Accounts1
Personal trust and agency accounts$22,203
Employee benefit-defined contribution accounts$6,114
Employee benefit-defined benefit accounts$677
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$15,412
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts29
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$139
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$139
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3 Arkansas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
02513Arkansas County BankCross And Jefferson, De Witt, AR 72042April 12, 1912Full Service Brick and Mortar
1364901Lockesburg BranchMain And Redbud Streets, Lockesburg, AR 71846October 01, 2002Full Service Brick and Mortar
232629Arkansas County Bank600 East 22nd Street, Stuttgart, AR 72160May 31, 1985Full Service Brick and Mortar
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