FDIC Certificate #: 15554 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First National Bank (#22271) Federal Reserve ID: 598338 Date Established: October 04, 1937 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 14094 FDIC's unique #: 9848 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: November 09, 1937 Last Structure Change Effective Date: April 03, 2002 Last Structure Change Process Date: May 21, 2002 Last Data Update: May 21, 2002 Data Source Date: April 05, 2012
Location
Address: Highway 78 And Maple Street, Carbon Hill, AL 35549 County: Walker Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Shelby Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Combined Statistical Area (CSA): Birmingham-Hoover-Cullman, AL (#142) Core Based Statistical Area (CBSA): Birmingham-Hoover, AL (#13820) CBSA Metro Statistical Area: Birmingham-Hoover, AL (#13820)
Financial Summary
Total assets: $33.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
15Total employees (full-time equivalent)
$32,739Total assets
$2,905Cash and due from depository institutions
$838Interest-bearing balances
$16,695Securities
$3,300Federal funds sold & reverse repurchase agreements
$8,788Net loans & leases
$67Loan loss allowance
$0Trading account assets
$449Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$602All other assets
$32,739Total liabilities and capital
$27,427Total liabilities
$27,253Total deposits
$23,216Interest-bearing deposits
$27,253Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$174All other liabilities
$5,312Total equity capital
$5,312Total bank equity capital
$5,312Perpetual preferred stock
$0Common stock
$200Surplus
$500Undivided profits
Memoranda
$4,612Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$40Earning assets
$0Long-term assets (5+ years)
$262Average Assets, year-to-date
$29,621Average Assets, quarterly
$3,359Volatile liabilities
$31,993Insider loans
$32,655FHLB advances
$4,474Loans and leases held for sale
$206Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$67Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$2,071Total interest income
$933Total interest expense
$1,138Net interest income
$0Provision for loan and lease losses
$175Total noninterest income
$0Fiduciary activities
$144Service charges on deposit accounts
$0Trading account gains & fees
$31Additional noninterest income
$1,201Total noninterest expense
$913Salaries and employee benefits
$97Premises and equipment expense
$191Additional noninterest expense
$112Pre-tax net operating income
$0Securities gains (losses)
-$8Applicable income taxes
$120Income before extraordinary items
$0Extraordinary gains - net
$120Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$3Sale, conversion, retirement of capital stock, net
$40Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.13%Yield on earning assets
3.21%Cost of funding earning assets
3.92%Net interest margin
0.60%Noninterest income to earning assets
4.13%Noninterest expense to earning assets
0.38%Net operating income to assets
0.38%Return on assets (ROA)
0.35%Pretax return on assets
2.24%Return on equity (ROE)
1.49%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
37.33%Efficiency ratio
91,470Assets per employee
2.18%Cash dividends to net income (YTD only)
Condition Ratios (%)
33.33%Loss allowance to loans
0.76%Loss allowance to noncurrent loans
167.50%Noncurrent assets plus other real estate owned to assets
0.12%Noncurrent loans to loans
0.45%Net loans and leases to deposits
32.25%Net loans and leases to core deposits
38.58%Equity capital to assets
16.23%Core capital (leverage) ratio
16.16%Tier 1 risk-based capital ratio
40.89%Total risk-based capital ratio
Memoranda
$41Average assets
$31,993Average earning assets
$5,363Average equity
$29,065Average loans
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