Bank of Walnut Grove in Walnut Grove, Mississippi (MS)

Show street view No street view available for this location

Bank of Walnut Grove routing number info

Table of contents:
Bank of Walnut Grove
GeneralFDIC Certificate #: 8558
Status: Active
Federal Reserve ID: 116639
Date Established: January 01, 1923
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Domestic: 1, Interstate: No)
FDIC's unique #: 5464
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: Yes
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
LocationAddress: 101 Chadwick Ave, Walnut Grove, MS 39189
County: Leake
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Jackson Ms
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
History of ChangesChange in Location
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $48.5 mil
Equity capital: $7.0 mil
Deposits held in domestic offices: $41.5 mil
Return on assets (ROA): 1.02% ($0.5 mil)
Quarterly return on assets: 0.62% ($0.3 mil)
Return on Equity (ROE): 7.20% ($0.5 mil)
Quarterly return on equity: 4.31% ($0.3 mil)
Net income: $0.5 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 1.06% ($514.6 mil)
Quarterly Pretax return on assets: 0.67% ($325.3 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)13
Total assets$48,549
Cash and due from depository institutions$11,098
Interest-bearing balances$2,430
Federal funds sold & reverse repurchase agreements$5,400
Net loans & leases$24,719
Loan loss allowance $580
Trading account assets$0
Bank premises and fixed assets$182
Other real estate owned$25
Goodwill and other intangibles$0
All other assets$1,277
Life insurance assets$48,549
Total liabilities and capital$41,583
Total liabilities$41,479
Total deposits$33,979
Interest-bearing deposits$41,479
Deposits held in domestic offices$97
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $104
All other liabilities $6,966
Total equity capital$6,966
Total bank equity capital$6,966
Perpetual preferred stock$0
Common stock$90
Undivided profits $676
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 $0
Earning assets $0
Long-term assets (5+ years) $195
Average Assets, year-to-date $38,397
Average Assets, quarterly $15,058
Volatile liabilities $49,037
Insider loans $49,120
FHLB advances $26,243
Loans and leases held for sale $49,352
Unused loan commitments $996
Tier 1 (core) risk-based capital $996
Tier 2 risk-based capital $6,966
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $77
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,139
Total interest expense $406
Net interest income $1,733
Provision for loan and lease losses $15
Total noninterest income $355
Fiduciary activities $0
Service charges on deposit accounts $190
Trading account gains & fees $0
Additional noninterest income $165
Total noninterest expense $1,555
Salaries and employee benefits $1,016
Premises and equipment expense $163
Additional noninterest expense $376
Pre-tax net operating income $518
Securities gains (losses) $0
Applicable income taxes $20
Income before extraordinary items $498
Extraordinary gains - net $0
Net income attributable to bank $498
Net charge-offs $0
Cash dividends $498
Sale, conversion, retirement of capital stock, net $15
Net operating income $243
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.60%
Cost of funding earning assets 1.06%
Net interest margin 4.54%
Noninterest income to earning assets 0.93%
Noninterest expense to earning assets 4.07%
Net operating income to assets 1.02%
Return on assets (ROA) 1.02%
Pretax return on assets 1.06%
Return on equity (ROE) 7.20%
Retained earnings to average equity (YTD only) 3.68%
Net charge-offs to loans 0.06%
Credit loss provision to net charge-offs 100.00%
Efficiency ratio35.53%
Assets per employee$74,473
Cash dividends to net income (YTD only)3.73%
Condition Ratios (%)
Loss allowance to loans 48.80%
Loss allowance to noncurrent loans 2.29%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.05%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 59.59%
Equity capital to assets 62.76%
Core capital (leverage) ratio 14.35%
Tier 1 risk-based capital ratio 14.11%
Total risk-based capital ratio 26.54%
Average assets$28
Average earning assets$49,037
Average equity $6,921
Average loans $38,170
Back to page top, Back to table top

1 Mississippi Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
05464Bank Of Walnut Grove101 Chadwick Ave, Walnut Grove, MS 39189January 01, 1923Full Service Brick and Mortar
Back to page top

User Contributions:

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


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