Bank of Amity in Amity, Arkansas (AR)



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Bank of Amity
GeneralFDIC Certificate #: 5618
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Chambers Bank (#5615)
Federal Reserve ID: 369444
Date Established: November 30, 1905
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 3826
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: September 18, 2000
Last Structure Change Process Date: October 10, 2000
Last Data Update: October 10, 2000
Data Source Date: April 05, 2012
LocationAddress: Public Square And Highways 8 And 84, Amity, AR 71921
County: Clark
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): Arkadelphia, AR (#11660)
CBSA Micro Statistical Area: Yes
Financial SummaryTotal assets: $62.0 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, 1999)
(Dollar figures in thousands)
Total employees (full-time equivalent)14
Total assets$61,393
Cash and due from depository institutions$3,195
Interest-bearing balances$0
Securities$16,978
Federal funds sold & reverse repurchase agreements$1,000
Net loans & leases$38,769
Loan loss allowance $621
Trading account assets$0
Bank premises and fixed assets$617
Other real estate owned$3
Goodwill and other intangibles$0
All other assets$831
Life insurance assets$0
Total liabilities and capital$61,393
Total liabilities$55,099
Total deposits$54,697
Interest-bearing deposits$49,294
Deposits held in domestic offices$54,697
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $402
Total equity capital$6,294
Total bank equity capital$6,294
Perpetual preferred stock$6,294
Common stock$0
Surplus$100
Undivided profits $2,400
Memoranda
Noncurrent loans and leases $3,794
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $1,580
Income earned, not collected on loans $0
Earning assets $316
Long-term assets (5+ years) $0
Average Assets, year-to-date $369
Average Assets, quarterly $56,747
Volatile liabilities $1,316
Insider loans $62,512
FHLB advances $62,522
Loans and leases held for sale $17,633
Unused loan commitments $961
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $1,580
Restructured Loans and leases $0
Derivatives$539
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Income and Expense (December 31, 1999)
(Dollar figures in thousands)
Total interest income $4,517
Total interest expense $2,317
Net interest income $2,200
Provision for loan and lease losses $0
Total noninterest income $192
Fiduciary activities $0
Service charges on deposit accounts $163
Trading account gains & fees $0
Additional noninterest income $29
Total noninterest expense $896
Salaries and employee benefits $385
Premises and equipment expense $125
Additional noninterest expense $386
Pre-tax net operating income $1,496
Securities gains (losses) $1
Applicable income taxes $453
Income before extraordinary items $1,044
Extraordinary gains - net $0
Net income attributable to bank $1,044
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net -$32
Net operating income $1,000
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Performance and Condition Ratios (December 31, 1999)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets7.72%
Cost of funding earning assets 3.96%
Net interest margin 3.76%
Noninterest income to earning assets 0.33%
Noninterest expense to earning assets 1.53%
Net operating income to assets 1.67%
Return on assets (ROA) 1.67%
Pretax return on assets 2.39%
Return on equity (ROE) 16.65%
Retained earnings to average equity (YTD only) 0.70%
Net charge-offs to loans -0.09%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$37,458
Cash dividends to net income (YTD only)4.39%
Condition Ratios (%)
Loss allowance to loans 95.79%
Loss allowance to noncurrent loans 1.58%
Noncurrent assets plus other real estate owned to assets 196.52%
Noncurrent loans to loans 0.52%
Net loans and leases to deposits0.80%
Net loans and leases to core deposits 70.88%
Equity capital to assets 104.60%
Core capital (leverage) ratio 10.25%
Tier 1 risk-based capital ratio 10.18%
Total risk-based capital ratio 14.82%
Memoranda
Average assets$16
Average earning assets$62,512
Average equity $6,271
Average loans $58,507
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