Bank of Lake Village in Lake Village, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches


Bank of Lake Village - Overview

  • General
  • FDIC Certificate #: 15547
    Status: Active
    Federal Reserve ID: 476445
    Bank Holding Company (Regulatory Top Holder): Southeast Arkansas Bank Corporation (RSSDID: 1137033, Location: Lake Village, AR)
    Date Established: January 01, 1934
    WWW: http://www.bankoflakevillage.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 11215
    FDIC's unique #: 9841
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: August 12, 2011
    Last Structure Change Process Date: August 26, 2011
    Last Data Update: August 26, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 Main Street, Lake Village, AR 71653
    County: Chicot
    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
  • History of Changes
  • Change in Location
    Change in Primary Regulatory Agency
    Change in Supervisory Agency
    Institution Becomes a Member of FRS (Federal Reserve System)
  • Financial Summary
  • Total assets: $60.0 mil
    Equity capital: $6.5 mil
    Deposits held in domestic offices: $53.4 mil
    Return on assets (ROA): 0.70% ($0.4 mil)
    Quarterly return on assets: 0.39% ($0.2 mil)
    Return on Equity (ROE): 6.38% ($0.4 mil)
    Quarterly return on equity: 3.60% ($0.2 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.98% ($588.0 mil)
    Quarterly Pretax return on assets: 0.36% ($216.0 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
  • 17Total employees (full-time equivalent)
  • $59,996Total assets
  • $2,183Cash and due from depository institutions
  • $767Interest-bearing balances
  • $16,512Securities
  • $12,850Federal funds sold & reverse repurchase agreements
  • $25,382Net loans & leases
  • $514Loan loss allowance
  • $0Trading account assets
  • $1,212Bank premises and fixed assets
  • $249Other real estate owned
  • $0Goodwill and other intangibles
  • $59,996Life insurance assets
  • $1,608All other assets
  • $53,532Total liabilities and capital
  • $53,420Total liabilities
  • $39,273Total deposits
  • $53,420Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $112Subordinated debt
  • $6,464All other liabilities
  • $6,464Total equity capital
  • $6,464Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $3,550Surplus
  • $2,314Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,434Income earned, not collected on loans
  • $2,140Earning assets
  • $720Long-term assets (5+ years)
  • $55,511Average Assets, year-to-date
  • $14,762Average Assets, quarterly
  • $58,409Volatile liabilities
  • $59,156Insider loans
  • $28,179FHLB advances
  • $59,217Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,284Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,512Restructured Loans and leases
  • $2,425Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,458Total interest income
  • $303Total interest expense
  • $2,155Net interest income
  • $0Provision for loan and lease losses
  • $185Total noninterest income
  • $0Fiduciary activities
  • $127Service charges on deposit accounts
  • $0Trading account gains & fees
  • $58Additional noninterest income
  • $1,802Total noninterest expense
  • $888Salaries and employee benefits
  • $243Premises and equipment expense
  • $671Additional noninterest expense
  • $538Pre-tax net operating income
  • $34Securities gains (losses)
  • $165Applicable income taxes
  • $407Income before extraordinary items
  • $0Extraordinary gains - net
  • $407Net income attributable to bank
  • $0Net charge-offs
  • $407Cash dividends
  • $104Sale, conversion, retirement of capital stock, net
  • $562Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.60%Yield on earning assets
  • 0.57%Cost of funding earning assets
  • 4.03%Net interest margin
  • 0.35%Noninterest income to earning assets
  • 3.37%Noninterest expense to earning assets
  • 0.66%Net operating income to assets
  • 0.70%Return on assets (ROA)
  • 0.98%Pretax return on assets
  • 6.38%Return on equity (ROE)
  • -2.43%Retained earnings to average equity (YTD only)
  • 0.34%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 5.17%Efficiency ratio
  • 77,009Assets per employee
  • 3.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 138.08%Loss allowance to loans
  • 1.98%Loss allowance to noncurrent loans
  • 21.12%Noncurrent assets plus other real estate owned to assets
  • 4.47%Noncurrent loans to loans
  • 9.40%Net loans and leases to deposits
  • 47.51%Net loans and leases to core deposits
  • 47.78%Equity capital to assets
  • 10.77%Core capital (leverage) ratio
  • 10.61%Tier 1 risk-based capital ratio
  • 22.30%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $58,409Average earning assets
  • $6,380Average equity
  • $53,435Average loans

List of branches

  • 2 Arkansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09841Bank Of Lake Village101 Main Street, Lake Village, AR 71653January 01, 1934Full Service Brick and Mortar
    1234524Highway BranchU.S. Highway 65/82, Lake Village, AR 71653December 29, 1975Full Service Brick and Mortar

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