FDIC Certificate #: 9360 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Guaranty Bank and Trust Company (#15953) Federal Reserve ID: 770947 Date Established: Febuary 01, 1902 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) FDIC's unique #: 6009 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: August 07, 1998 Last Structure Change Process Date: September 14, 1998 Last Data Update: September 14, 1998 Data Source Date: April 05, 2012
Location
Address: 101 West Washington Street, Hollandale, MS 38748 County: Washington Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Jackson Ms Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Greenville, MS (#24740) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $56.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
28Total employees (full-time equivalent)
$61,028Total assets
$3,069Cash and due from depository institutions
$0Interest-bearing balances
$21,512Securities
$9,700Federal funds sold & reverse repurchase agreements
$24,695Net loans & leases
$573Loan loss allowance
$0Trading account assets
$630Bank premises and fixed assets
$332Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,090All other assets
$61,028Total liabilities and capital
$54,058Total liabilities
$53,306Total deposits
$41,843Interest-bearing deposits
$53,306Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$337Other borrowed funds
$0Subordinated debt
$415All other liabilities
$6,970Total equity capital
$6,970Total bank equity capital
$6,970Perpetual preferred stock
$0Common stock
$200Surplus
$5,485Undivided profits
Memoranda
$1,285Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,420Earning assets
$684Long-term assets (5+ years)
$667Average Assets, year-to-date
$55,907Average Assets, quarterly
$5,432Volatile liabilities
$60,412Insider loans
$59,222FHLB advances
$11,097Loans and leases held for sale
$44Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,913Total unused commitments
$0Restructured Loans and leases
$29,504Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$4,202Total interest income
$2,056Total interest expense
$2,146Net interest income
$240Provision for loan and lease losses
$229Total noninterest income
$0Fiduciary activities
$194Service charges on deposit accounts
$0Trading account gains & fees
$35Additional noninterest income
$1,749Total noninterest expense
$1,011Salaries and employee benefits
$225Premises and equipment expense
$513Additional noninterest expense
$386Pre-tax net operating income
$2Securities gains (losses)
$87Applicable income taxes
$301Income before extraordinary items
$0Extraordinary gains - net
$301Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$765Sale, conversion, retirement of capital stock, net
$140Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.49%Yield on earning assets
3.66%Cost of funding earning assets
3.82%Net interest margin
0.41%Noninterest income to earning assets
3.12%Noninterest expense to earning assets
0.50%Net operating income to assets
0.50%Return on assets (ROA)
0.64%Pretax return on assets
4.38%Return on equity (ROE)
2.34%Retained earnings to average equity (YTD only)
2.87%Net charge-offs to loans
31.37%Credit loss provision to net charge-offs
0.82%Efficiency ratio
73,642Assets per employee
2.18%Cash dividends to net income (YTD only)
Condition Ratios (%)
46.51%Loss allowance to loans
2.27%Loss allowance to noncurrent loans
40.35%Noncurrent assets plus other real estate owned to assets
2.87%Noncurrent loans to loans
5.62%Net loans and leases to deposits
46.33%Net loans and leases to core deposits
58.04%Equity capital to assets
11.42%Core capital (leverage) ratio
11.62%Tier 1 risk-based capital ratio
23.60%Total risk-based capital ratio
Memoranda
$25Average assets
$60,412Average earning assets
$6,871Average equity
$56,114Average loans
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