FDIC Certificate #: 101 Status: Active Federal Reserve ID: 967943 Bank Holding Company (Regulatory Top Holder): Prescott Bancshares, Inc (RSSDID: 2236586, Location: Prescott, AR) Date Established: August 10, 1904 WWW:http://www.bankofprescott.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 12621 FDIC's unique #: 81 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: No Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: East 2nd And Main Streets, Prescott, AR 71857 County: Nevada Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Shreveport Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Core Based Statistical Area (CBSA): Hope, AR (#26260) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $73.4 mil Equity capital: $9.5 mil Deposits held in domestic offices: $60.3 mil Return on assets (ROA): 0.88% ($0.6 mil) Quarterly return on assets: 0.77% ($0.6 mil) Return on Equity (ROE): 6.78% ($0.7 mil) Quarterly return on equity: 5.84% ($0.6 mil) Net income: $0.6 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.28% ($939.9 mil) Quarterly Pretax return on assets: 1.20% ($881.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
21Total employees (full-time equivalent)
$73,427Total assets
$1,894Cash and due from depository institutions
$214Interest-bearing balances
$37,022Securities
$0Federal funds sold & reverse repurchase agreements
$32,400Net loans & leases
$437Loan loss allowance
$0Trading account assets
$308Bank premises and fixed assets
$221Other real estate owned
$0Goodwill and other intangibles
$73,427Life insurance assets
$1,582All other assets
$63,914Total liabilities and capital
$60,276Total liabilities
$49,105Total deposits
$60,276Interest-bearing deposits
$91Deposits held in domestic offices
400.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,789Trading liabilities
$0Other borrowed funds
$449Subordinated debt
$9,513All other liabilities
$9,513Total equity capital
$9,513Total bank equity capital
$0Perpetual preferred stock
$24Common stock
$1,976Surplus
$7,513Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$648Income earned, not collected on loans
$0Earning assets
$546Long-term assets (5+ years)
$69,636Average Assets, year-to-date
$9,856Average Assets, quarterly
$73,629Volatile liabilities
$73,462Insider loans
$48,831FHLB advances
$73,728Loans and leases held for sale
$265Unused loan commitments
$265Tier 1 (core) risk-based capital
$9,101Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,723Restructured Loans and leases
$1,301Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,394Total interest income
$576Total interest expense
$2,818Net interest income
$288Provision for loan and lease losses
$318Total noninterest income
$0Fiduciary activities
$193Service charges on deposit accounts
$0Trading account gains & fees
$125Additional noninterest income
$1,889Total noninterest expense
$1,151Salaries and employee benefits
$211Premises and equipment expense
$527Additional noninterest expense
$959Pre-tax net operating income
-$20Securities gains (losses)
$294Applicable income taxes
$645Income before extraordinary items
$0Extraordinary gains - net
$645Net income attributable to bank
$0Net charge-offs
$645Cash dividends
$225Sale, conversion, retirement of capital stock, net
$552Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.86%Yield on earning assets
0.82%Cost of funding earning assets
4.04%Net interest margin
0.46%Noninterest income to earning assets
2.71%Noninterest expense to earning assets
0.89%Net operating income to assets
0.88%Return on assets (ROA)
1.28%Pretax return on assets
6.78%Return on equity (ROE)
0.98%Retained earnings to average equity (YTD only)
0.68%Net charge-offs to loans
128.00%Credit loss provision to net charge-offs
5.54%Efficiency ratio
60,236Assets per employee
3.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
85.58%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
67.44%Noncurrent assets plus other real estate owned to assets
1.18%Noncurrent loans to loans
1.97%Net loans and leases to deposits
53.75%Net loans and leases to core deposits
55.29%Equity capital to assets
12.96%Core capital (leverage) ratio
12.34%Tier 1 risk-based capital ratio
18.64%Total risk-based capital ratio
Memoranda
$20Average assets
$73,629Average earning assets
$9,516Average equity
$69,832Average loans
List of branches
1 Arkansas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
81
Bank Of Prescott
East 2nd And Main Streets, Prescott, AR 71857
August 10, 1904
Full Service Brick and Mortar
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