Bank of Kilmichael in Kilmichael, Mississippi (MS)



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Bank of Kilmichael routing number info

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Bank of Kilmichael
GeneralFDIC Certificate #: 9775
Status: Active
Federal Reserve ID: 780049
Bank Holding Company (Regulatory Top Holder): Kilmichael Bancorp, Inc. (RSSDID: 3097850, Location: Kilmichael, MS)
Date Established: September 16, 1904
WWW: http://www.bankofkilmichael.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
OTS Docket #: 12029
FDIC's unique #: 6259
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 04, 2008
Last Structure Change Process Date: January 14, 2009
Last Data Update: January 14, 2009
Data Source Date: April 05, 2012
LocationAddress: 120 North Depot Avenue, Kilmichael, MS 39747
County: Montgomery
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
History of ChangesChange in Location
Financial SummaryTotal assets: $106.4 mil
Equity capital: $8.9 mil
Deposits held in domestic offices: $96.5 mil
Return on assets (ROA): 1.13% ($1.2 mil)
Quarterly return on assets: 2.47% ($2.6 mil)
Return on Equity (ROE): 13.85% ($1.2 mil)
Quarterly return on equity: 29.92% ($2.7 mil)
Net income: $1.1 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 1.13% ($1,202.3 mil)
Quarterly Pretax return on assets: 2.47% ($2,628.0 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)23
Total assets$106,398
Cash and due from depository institutions$14,964
Interest-bearing balances$10,786
Securities$21,656
Federal funds sold & reverse repurchase agreements$2,000
Net loans & leases$62,089
Loan loss allowance $863
Trading account assets$0
Bank premises and fixed assets$1,660
Other real estate owned$85
Goodwill and other intangibles$0
All other assets$3,944
Life insurance assets$106,398
Total liabilities and capital$97,475
Total liabilities$96,502
Total deposits$81,973
Interest-bearing deposits$96,502
Deposits held in domestic offices$93
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $973
All other liabilities $8,923
Total equity capital$8,923
Total bank equity capital$8,923
Perpetual preferred stock$0
Common stock$200
Surplus$4,964
Undivided profits $3,759
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $535
Earning assets $0
Long-term assets (5+ years) $646
Average Assets, year-to-date $96,531
Average Assets, quarterly $9,261
Volatile liabilities $99,165
Insider loans $104,930
FHLB advances $72,709
Loans and leases held for sale $105,082
Unused loan commitments $2,302
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $8,500
Total risk weighted assets $417
Total unused commitments $1,885
Restructured Loans and leases $3,967
Derivatives$447
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,621
Total interest expense $1,074
Net interest income $3,547
Provision for loan and lease losses $204
Total noninterest income $1,273
Fiduciary activities $0
Service charges on deposit accounts $614
Trading account gains & fees $0
Additional noninterest income $659
Total noninterest expense $3,193
Salaries and employee benefits $1,998
Premises and equipment expense $354
Additional noninterest expense $841
Pre-tax net operating income $1,423
Securities gains (losses) -$306
Applicable income taxes $0
Income before extraordinary items $1,117
Extraordinary gains - net $0
Net income attributable to bank $1,117
Net charge-offs $0
Cash dividends $1,117
Sale, conversion, retirement of capital stock, net $31
Net operating income $225
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.11%
Cost of funding earning assets 1.19%
Net interest margin 3.92%
Noninterest income to earning assets 1.41%
Noninterest expense to earning assets 3.53%
Net operating income to assets 1.43%
Return on assets (ROA) 1.13%
Pretax return on assets 1.13%
Return on equity (ROE) 13.85%
Retained earnings to average equity (YTD only) 11.06%
Net charge-offs to loans 0.06%
Credit loss provision to net charge-offs 658.06%
Efficiency ratio52.48%
Assets per employee$66,245
Cash dividends to net income (YTD only)4.63%
Condition Ratios (%)
Loss allowance to loans 20.14%
Loss allowance to noncurrent loans 1.37%
Noncurrent assets plus other real estate owned to assets 161.31%
Noncurrent loans to loans 2.79%
Net loans and leases to deposits0.85%
Net loans and leases to core deposits 64.34%
Equity capital to assets 69.78%
Core capital (leverage) ratio 8.39%
Tier 1 risk-based capital ratio 8.09%
Total risk-based capital ratio 11.69%
Memoranda
Average assets$13
Average earning assets$99,165
Average equity $8,063
Average loans $90,404
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$32
Number of Accounts1
Personal trust and agency accounts$32
Employee benefit-defined contribution accounts$32
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts2
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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3 Mississippi Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
06259Bank Of Kilmichael120 North Depot Avenue, Kilmichael, MS 39747September 16, 1904Full Service Brick and Mortar
1481019Winona Branch509 North Applegate, Winona, MS 38967September 06, 2008Full Service Brick and Mortar
2514527Mathiston Branch24944 Hwy 15, Mathiston, MS 39752October 18, 2010Full Service Brick and Mortar
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