BankSouth in Dothan, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches


BankSouth - Overview

  • General
  • FDIC Certificate #: 77
    Status: Active
    Federal Reserve ID: 194936
    Bank Holding Company (Regulatory Top Holder): Bancsouth Corporation (RSSDID: 1084061, Location: Dothan, AL)
    Date Established: January 01, 1928
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 10489
    FDIC's unique #: 57
    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: Commercial Lending Specialization
    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: 3251 Ross Clark Circle, Dothan, AL 36303
    County: Houston
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Montgomery
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Dothan, AL (#2180)
    Combined Statistical Area (CSA): Dothan-Enterprise-Ozark, AL (#222)
    Core Based Statistical Area (CBSA): Dothan, AL (#20020)
    CBSA Metro Statistical Area: Dothan, AL (#20020)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $193.8 mil
    Equity capital: $31.2 mil
    Deposits held in domestic offices: $158.3 mil
    Return on assets (ROA): 1.36% ($2.6 mil)
    Quarterly return on assets: 1.73% ($3.4 mil)
    Return on Equity (ROE): 9.01% ($2.8 mil)
    Quarterly return on equity: 10.86% ($3.4 mil)
    Net income: $2.8 mil
    Quarterly Net income: $0.8 mil
    Pretax return on assets: 1.44% ($2,791.2 mil)
    Quarterly Pretax return on assets: 1.82% ($3,527.7 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
  • 29Total employees (full-time equivalent)
  • $193,831Total assets
  • $2,952Cash and due from depository institutions
  • $173Interest-bearing balances
  • $14,482Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $170,682Net loans & leases
  • $3,914Loan loss allowance
  • $0Trading account assets
  • $2,216Bank premises and fixed assets
  • $1,435Other real estate owned
  • $0Goodwill and other intangibles
  • $193,831Life insurance assets
  • $2,064All other assets
  • $162,601Total liabilities and capital
  • $158,277Total liabilities
  • $142,469Total deposits
  • $158,277Interest-bearing deposits
  • $76Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,750Trading liabilities
  • $0Other borrowed funds
  • $574Subordinated debt
  • $31,230All other liabilities
  • $31,230Total equity capital
  • $31,230Total bank equity capital
  • $0Perpetual preferred stock
  • $25Common stock
  • $10,000Surplus
  • $21,205Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,345Income earned, not collected on loans
  • $0Earning assets
  • $797Long-term assets (5+ years)
  • $185,337Average Assets, year-to-date
  • $12,533Average Assets, quarterly
  • $204,003Volatile liabilities
  • $195,289Insider loans
  • $151,041FHLB advances
  • $198,328Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $31,157Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $36,086Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,708Total interest income
  • $1,787Total interest expense
  • $7,921Net interest income
  • $321Provision for loan and lease losses
  • -$234Total noninterest income
  • $0Fiduciary activities
  • $151Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$385Additional noninterest income
  • $4,419Total noninterest expense
  • $3,032Salaries and employee benefits
  • $412Premises and equipment expense
  • $975Additional noninterest expense
  • $2,947Pre-tax net operating income
  • $0Securities gains (losses)
  • $166Applicable income taxes
  • $2,781Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,781Net income attributable to bank
  • $0Net charge-offs
  • $2,781Cash dividends
  • $1,364Sale, conversion, retirement of capital stock, net
  • $1,803Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.97%Yield on earning assets
  • 0.91%Cost of funding earning assets
  • 4.05%Net interest margin
  • -0.12%Noninterest income to earning assets
  • 2.26%Noninterest expense to earning assets
  • 1.36%Net operating income to assets
  • 1.36%Return on assets (ROA)
  • 1.44%Pretax return on assets
  • 9.01%Return on equity (ROE)
  • 3.17%Retained earnings to average equity (YTD only)
  • 0.75%Net charge-offs to loans
  • 23.53%Credit loss provision to net charge-offs
  • 2.40%Efficiency ratio
  • 57,487Assets per employee
  • 6.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 64.83%Loss allowance to loans
  • 2.24%Loss allowance to noncurrent loans
  • 291.00%Noncurrent assets plus other real estate owned to assets
  • 1.43%Noncurrent loans to loans
  • 0.77%Net loans and leases to deposits
  • 107.84%Net loans and leases to core deposits
  • 132.95%Equity capital to assets
  • 16.11%Core capital (leverage) ratio
  • 15.71%Tier 1 risk-based capital ratio
  • 20.63%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $204,003Average earning assets
  • $30,871Average equity
  • $195,464Average loans

List of branches

  • 3 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    057Banksouth3251 Ross Clark Circle, Dothan, AL 36303January 01, 1928Full Service Brick and Mortar
    1180980Cottonwood Branch204 North Main Street, Cottonwood, AL 36320May 06, 1988Full Service Brick and Mortar
    218Abbeville Branch17 North Court Square, Abbeville, AL 36310August 15, 1931Full Service Brick and Mortar

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