FDIC Certificate #: 11255 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Simmons First Bank of Northwest Arkansas (#15233) Federal Reserve ID: 54740 Date Established: January 01, 1903 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 7183 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: May 03, 1999 Last Structure Change Process Date: June 08, 1999 Last Data Update: June 08, 1999 Data Source Date: April 05, 2012
Location
Address: West Side Square, Lincoln, AR 72744 County: Washington 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 Metropolitan Statistical Area (MSA): Fayetteville-Springdale-Rogers, AR (#2580) Core Based Statistical Area (CBSA): Fayetteville-Springdale-Rogers, AR-MO (#22220) CBSA Metro Statistical Area: Fayetteville-Springdale-Rogers, AR-MO (#22220)
Financial Summary
Total assets: $76.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
35Total employees (full-time equivalent)
$75,965Total assets
$3,836Cash and due from depository institutions
$867Interest-bearing balances
$12,198Securities
$3,125Federal funds sold & reverse repurchase agreements
$53,973Net loans & leases
$820Loan loss allowance
$0Trading account assets
$980Bank premises and fixed assets
$373Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,480All other assets
$75,965Total liabilities and capital
$69,848Total liabilities
$68,995Total deposits
$59,763Interest-bearing deposits
$68,995Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$525Other borrowed funds
$0Subordinated debt
$328All other liabilities
$6,117Total equity capital
$6,117Total bank equity capital
$6,117Perpetual preferred stock
$0Common stock
$200Surplus
$200Undivided profits
Memoranda
$5,717Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$529Earning assets
$0Long-term assets (5+ years)
$938Average Assets, year-to-date
$70,163Average Assets, quarterly
$4,242Volatile liabilities
$74,292Insider loans
$75,236FHLB advances
$14,179Loans and leases held for sale
$431Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,472Total unused commitments
$0Restructured Loans and leases
$53,134Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$6,216Total interest income
$3,028Total interest expense
$3,188Net interest income
$480Provision for loan and lease losses
$531Total noninterest income
$0Fiduciary activities
$381Service charges on deposit accounts
$0Trading account gains & fees
$150Additional noninterest income
$2,212Total noninterest expense
$1,214Salaries and employee benefits
$270Premises and equipment expense
$728Additional noninterest expense
$1,027Pre-tax net operating income
$0Securities gains (losses)
$370Applicable income taxes
$657Income before extraordinary items
$0Extraordinary gains - net
$657Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$429Sale, conversion, retirement of capital stock, net
$400Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.00%Yield on earning assets
4.38%Cost of funding earning assets
4.62%Net interest margin
0.77%Noninterest income to earning assets
3.20%Noninterest expense to earning assets
0.88%Net operating income to assets
0.88%Return on assets (ROA)
1.38%Pretax return on assets
10.66%Return on equity (ROE)
4.17%Retained earnings to average equity (YTD only)
0.81%Net charge-offs to loans
111.89%Credit loss provision to net charge-offs
3.51%Efficiency ratio
59,478Assets per employee
2.17%Cash dividends to net income (YTD only)
Condition Ratios (%)
60.88%Loss allowance to loans
1.50%Loss allowance to noncurrent loans
155.01%Noncurrent assets plus other real estate owned to assets
0.70%Noncurrent loans to loans
0.97%Net loans and leases to deposits
78.23%Net loans and leases to core deposits
98.02%Equity capital to assets
8.05%Core capital (leverage) ratio
8.07%Tier 1 risk-based capital ratio
11.51%Total risk-based capital ratio
Memoranda
$13Average assets
$74,292Average earning assets
$6,162Average equity
$69,066Average loans
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