Bank of Hot Springs in Hot Springs, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1995

Bank of Hot Springs in Hot Springs, Arkansas (AR)
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Bank of Hot Springs - Overview

General
FDIC Certificate #: 20992
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Horizon Bank (#80)
Federal Reserve ID: 279440
Date Established: March 12, 1973
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
OTS Docket #: 10063
FDIC's unique #: 14497
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: March 12, 1973
Last Structure Change Effective Date: July 01, 1995
Last Structure Change Process Date: July 17, 1995
Last Data Update: July 17, 1995
Data Source Date: April 05, 2012
Location
Address: 1234 Central Avenue, Hot Springs, AR 71901
County: Garland
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): Hot Springs, AR (#26300)
CBSA Metro Statistical Area: Hot Springs, AR (#26300)
Financial Summary
Total assets: $151.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$66Total assets
$131,147Cash and due from depository institutions
$4,325Interest-bearing balances
$470Securities
$43,978Federal funds sold & reverse repurchase agreements
$1,645Net loans & leases
$76,453Loan loss allowance
$1,257Trading account assets
$0Bank premises and fixed assets
$2,086Other real estate owned
$0Goodwill and other intangibles
$1,614Life insurance assets
$1,046All other assets
$0Total liabilities and capital
$131,147Total liabilities
$120,674Total deposits
$116,067Interest-bearing deposits
$100,298Deposits held in domestic offices
116067.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$1,900Trading liabilities
$0Other borrowed funds
$1,882Subordinated debt
$0All other liabilities
$825Total equity capital
$825Total bank equity capital
$10,473Perpetual preferred stock
$0Common stock
$12Surplus
$7,560Undivided profits
Memoranda
$2,901Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$127Income earned, not collected on loans
$457Earning assets
$122,546Long-term assets (5+ years)
$25,926Average Assets, year-to-date
$125,066Average Assets, quarterly
$127,796Volatile liabilities
$20,103Insider loans
$2,790FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$9,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$10,110Total risk weighted assets
$80,631Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$8,710Total interest expense
$3,366Net interest income
$5,344Provision for loan and lease losses
$180Total noninterest income
$853Fiduciary activities
$9Service charges on deposit accounts
$212Trading account gains & fees
$0Additional noninterest income
$632Total noninterest expense
$3,487Salaries and employee benefits
$1,779Premises and equipment expense
$363Additional noninterest expense
$1,345Pre-tax net operating income
$2,530Securities gains (losses)
-$58Applicable income taxes
$802Income before extraordinary items
$1,670Extraordinary gains - net
$0Net income attributable to bank
$1,670Net charge-offs
$101Cash dividends
$440Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.46%Cost of funding earning assets
2.88%Net interest margin
4.58%Noninterest income to earning assets
0.73%Noninterest expense to earning assets
2.99%Net operating income to assets
1.37%Return on assets (ROA)
1.34%Pretax return on assets
1.98%Return on equity (ROE)
16.00%Retained earnings to average equity (YTD only)
11.78%Net charge-offs to loans
0.14%Credit loss provision to net charge-offs
178.22%Efficiency ratio
55,059Assets per employee
1.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
26.35%Loss allowance to loans
1.62%Loss allowance to noncurrent loans
989.76%Noncurrent assets plus other real estate owned to assets
0.10%Noncurrent loans to loans
0.16%Net loans and leases to deposits
65.87%Net loans and leases to core deposits
78.12%Equity capital to assets
7.99%Core capital (leverage) ratio
8.18%Tier 1 risk-based capital ratio
12.54%Total risk-based capital ratio
Memoranda
$14Average assets
$125,066Average earning assets
$10,438Average equity
$116,798Average loans

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