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


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
  • 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

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

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank of Ringgold.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents