Bank of Ringgold in city_name, state_name - Detailed Financial Reports, Location

Bank of Ringgold in Ringgold, Louisiana (LA)
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Bank of Ringgold routing number info

Bank of Ringgold - Overview

General
FDIC 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
Location
Address: 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 Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total 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
17Total employees (full-time equivalent)
$68,915Total assets
$7,348Cash and due from depository institutions
$3,805Interest-bearing balances
$30,665Securities
$12,375Federal funds sold & reverse repurchase agreements
$16,108Net loans & leases
$521Loan loss allowance
$0Trading account assets
$1,430Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$68,915Life insurance assets
$989All other assets
$59,543Total liabilities and capital
$53,750Total liabilities
$34,103Total deposits
$53,750Interest-bearing deposits
$87Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,319Trading liabilities
$0Other borrowed funds
$474Subordinated debt
$9,372All other liabilities
$9,372Total equity capital
$9,372Total bank equity capital
$0Perpetual preferred stock
$150Common stock
$2,000Surplus
$7,222Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,060Income earned, not collected on loans
$0Earning assets
$255Long-term assets (5+ years)
$62,953Average Assets, year-to-date
$10,020Average Assets, quarterly
$65,584Volatile liabilities
$67,368Insider loans
$23,545FHLB advances
$67,844Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$9,589Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$993Restructured Loans and leases
$1,212Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$1,702Total interest income
$177Total interest expense
$1,525Net interest income
$0Provision for loan and lease losses
$287Total noninterest income
$0Fiduciary activities
$125Service charges on deposit accounts
$0Trading account gains & fees
$162Additional noninterest income
$1,585Total noninterest expense
$911Salaries and employee benefits
$208Premises and equipment expense
$466Additional noninterest expense
$227Pre-tax net operating income
$0Securities gains (losses)
$32Applicable income taxes
$195Income before extraordinary items
$0Extraordinary gains - net
$195Net income attributable to bank
$0Net charge-offs
$195Cash dividends
$60Sale, conversion, retirement of capital stock, net
$22Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
2.84%Yield on earning assets
0.30%Cost of funding earning assets
2.54%Net interest margin
0.48%Noninterest income to earning assets
2.64%Noninterest expense to earning assets
0.30%Net operating income to assets
0.30%Return on assets (ROA)
0.35%Pretax return on assets
2.09%Return on equity (ROE)
1.85%Retained earnings to average equity (YTD only)
0.38%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
3.78%Efficiency ratio
87,472Assets per employee
4.05%Cash dividends to net income (YTD only)
Condition Ratios (%)
11.28%Loss allowance to loans
3.13%Loss allowance to noncurrent loans
49.15%Noncurrent assets plus other real estate owned to assets
1.54%Noncurrent loans to loans
6.37%Net loans and leases to deposits
29.97%Net loans and leases to core deposits
32.31%Equity capital to assets
13.60%Core capital (leverage) ratio
14.13%Tier 1 risk-based capital ratio
40.73%Total risk-based capital ratio
Memoranda
$42Average assets
$65,584Average earning assets
$9,342Average equity
$59,977Average loans

List of branches

3 Louisiana Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	902	Bank Of Ringgold	2369 Mill Street, Ringgold, LA 71068	January 04, 1904	Full Service Brick and Mortar
1	189437	Castor Branch	Pine And Front Streets, Castor, LA 71016	December 19, 1984	Limited Service Facility
2	477902	Cypress Branch	4798 Palmetto Road, Benton, LA 71006	June 09, 2008	Full Service Brick and Mortar

Bank of Ringgold in Ringgold, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Ringgold - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Bank of Ringgold in Ringgold, Louisiana (LA)Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Ringgold - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Bank of Ringgold in Ringgold, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches