Assumption Bank and Trust Company in Napoleonville, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1997

Assumption Bank and Trust Company in Napoleonville, Louisiana (LA)
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Assumption Bank and Trust Company - Overview

General
FDIC Certificate #: 13073
Status: Inactive
Closing history: Corrections
Acquiring institution: ArgentBank (#12612)
Federal Reserve ID: 943433
Date Established: January 01, 1933
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
FDIC's unique #: 8264
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: January 01, 1934
Last Structure Change Effective Date: July 01, 1997
Last Structure Change Process Date: August 06, 1997
Last Data Update: October 21, 1997
Data Source Date: April 05, 2012
Location
Address: 110 Franklin Street, Napoleonville, LA 70390
County: Assumption
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
Combined Statistical Area (CSA): Baton Rouge-Pierre Part, LA (#132)
Core Based Statistical Area (CBSA): Pierre Part, LA (#38200)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $108.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$55Total assets
$111,802Cash and due from depository institutions
$4,366Interest-bearing balances
$99Securities
$34,094Federal funds sold & reverse repurchase agreements
$10,400Net loans & leases
$59,641Loan loss allowance
$1,190Trading account assets
$0Bank premises and fixed assets
$2,092Other real estate owned
$31Goodwill and other intangibles
$1,178Life insurance assets
$0All other assets
$0Total liabilities and capital
$111,802Total liabilities
$101,968Total deposits
$101,378Interest-bearing deposits
$87,083Deposits held in domestic offices
101378.00%% insured (estimated)
$87Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$590Total equity capital
$590Total bank equity capital
$9,834Perpetual preferred stock
$0Common stock
$800Surplus
$2,000Undivided profits
Memoranda
$7,034Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$950Income earned, not collected on loans
$406Earning assets
$104,234Long-term assets (5+ years)
$23,698Average Assets, year-to-date
$108,022Average Assets, quarterly
$107,988Volatile liabilities
$4,327Insider loans
$2,986FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,630Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$9,845Total risk weighted assets
$58,150Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$7,936Total interest expense
$3,211Net interest income
$4,725Provision for loan and lease losses
$36Total noninterest income
$581Fiduciary activities
$0Service charges on deposit accounts
$443Trading account gains & fees
$0Additional noninterest income
$138Total noninterest expense
$3,722Salaries and employee benefits
$1,835Premises and equipment expense
$595Additional noninterest expense
$1,292Pre-tax net operating income
$1,548Securities gains (losses)
$7Applicable income taxes
$420Income before extraordinary items
$1,135Extraordinary gains - net
$0Net income attributable to bank
$1,135Net charge-offs
$42Cash dividends
$417Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.96%Cost of funding earning assets
3.22%Net interest margin
4.74%Noninterest income to earning assets
0.58%Noninterest expense to earning assets
3.73%Net operating income to assets
1.05%Return on assets (ROA)
1.05%Pretax return on assets
1.44%Return on equity (ROE)
11.92%Retained earnings to average equity (YTD only)
7.54%Net charge-offs to loans
0.07%Credit loss provision to net charge-offs
85.71%Efficiency ratio
70,147Assets per employee
2.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
36.74%Loss allowance to loans
1.96%Loss allowance to noncurrent loans
125.26%Noncurrent assets plus other real estate owned to assets
0.88%Noncurrent loans to loans
1.56%Net loans and leases to deposits
58.83%Net loans and leases to core deposits
61.45%Equity capital to assets
8.80%Core capital (leverage) ratio
9.24%Tier 1 risk-based capital ratio
16.93%Total risk-based capital ratio
Memoranda
$18Average assets
$108,022Average earning assets
$9,525Average equity
$99,718Average loans

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