Bank of Ringgold in Ringgold, Louisiana (LA)



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Bank of Ringgold routing number info

Table of contents:
Bank of Ringgold
GeneralFDIC Certificate #: 1377
Status: Active
Federal Reserve ID: 989655
Date Established: January 04, 1904
WWW: http://www.ringgoldbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 902
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: Other Specialized Lending < 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
LocationAddress: 2369 Mill Street, Ringgold, LA 71068
County: Bienville
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
History of ChangesChange in Location
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $68.9 mil
Equity capital: $9.4 mil
Deposits held in domestic offices: $53.8 mil
Return on assets (ROA): 0.30% ($0.2 mil)
Quarterly return on assets: 0.22% ($0.2 mil)
Return on Equity (ROE): 2.09% ($0.2 mil)
Quarterly return on equity: 1.57% ($0.1 mil)
Net income: $0.2 mil
Quarterly Net income: $0.0 mil
Pretax return on assets: 0.35% ($241.2 mil)
Quarterly Pretax return on assets: -0.08% (-$55.1 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)
Total employees (full-time equivalent)17
Total assets$68,915
Cash and due from depository institutions$7,348
Interest-bearing balances$3,805
Securities$30,665
Federal funds sold & reverse repurchase agreements$12,375
Net loans & leases$16,108
Loan loss allowance $521
Trading account assets$0
Bank premises and fixed assets$1,430
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$989
Life insurance assets$68,915
Total liabilities and capital$59,543
Total liabilities$53,750
Total deposits$34,103
Interest-bearing deposits$53,750
Deposits held in domestic offices$87
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$5,319
Other borrowed funds $0
Subordinated debt $474
All other liabilities $9,372
Total equity capital$9,372
Total bank equity capital$9,372
Perpetual preferred stock$0
Common stock$150
Surplus$2,000
Undivided profits $7,222
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 $1,060
Earning assets $0
Long-term assets (5+ years) $255
Average Assets, year-to-date $62,953
Average Assets, quarterly $10,020
Volatile liabilities $65,584
Insider loans $67,368
FHLB advances $23,545
Loans and leases held for sale $67,844
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $9,589
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $993
Derivatives$1,212
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,702
Total interest expense $177
Net interest income $1,525
Provision for loan and lease losses $0
Total noninterest income $287
Fiduciary activities $0
Service charges on deposit accounts $125
Trading account gains & fees $0
Additional noninterest income $162
Total noninterest expense $1,585
Salaries and employee benefits $911
Premises and equipment expense $208
Additional noninterest expense $466
Pre-tax net operating income $227
Securities gains (losses) $0
Applicable income taxes $32
Income before extraordinary items $195
Extraordinary gains - net $0
Net income attributable to bank $195
Net charge-offs $0
Cash dividends $195
Sale, conversion, retirement of capital stock, net $60
Net operating income $22
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets2.84%
Cost of funding earning assets 0.30%
Net interest margin 2.54%
Noninterest income to earning assets 0.48%
Noninterest expense to earning assets 2.64%
Net operating income to assets 0.30%
Return on assets (ROA) 0.30%
Pretax return on assets 0.35%
Return on equity (ROE) 2.09%
Retained earnings to average equity (YTD only) 1.85%
Net charge-offs to loans 0.38%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio3.78%
Assets per employee$87,472
Cash dividends to net income (YTD only)4.05%
Condition Ratios (%)
Loss allowance to loans 11.28%
Loss allowance to noncurrent loans 3.13%
Noncurrent assets plus other real estate owned to assets 49.15%
Noncurrent loans to loans 1.54%
Net loans and leases to deposits6.37%
Net loans and leases to core deposits 29.97%
Equity capital to assets 32.31%
Core capital (leverage) ratio 13.60%
Tier 1 risk-based capital ratio 14.13%
Total risk-based capital ratio 40.73%
Memoranda
Average assets$42
Average earning assets$65,584
Average equity $9,342
Average loans $59,977
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3 Louisiana Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0902Bank Of Ringgold2369 Mill Street, Ringgold, LA 71068January 04, 1904Full Service Brick and Mortar
1189437Castor BranchPine And Front Streets, Castor, LA 71016December 19, 1984Limited Service Facility
2477902Cypress Branch4798 Palmetto Road, Benton, LA 71006June 09, 2008Full Service Brick and Mortar
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