Brundidge Banking Company, Inc. in Brundidge, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 1995

  • Brundidge Banking Company, Inc. in Brundidge, Alabama (AL)
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Brundidge Banking Company, Inc. - Overview

  • General
  • FDIC Certificate #: 74
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Colonial Bank (#9609)
    Federal Reserve ID: 535632
    Date Established: August 04, 1900
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Interstate: No)
    OTS Docket #: 10570
    FDIC's unique #: 54
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 01, 1995
    Last Structure Change Process Date: April 25, 1995
    Last Data Update: April 25, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 North Main Street, Brundidge, AL 36010
    County: Pike
    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
    Core Based Statistical Area (CBSA): Troy, AL (#45980)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $53.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $30Total assets
  • $53,878Cash and due from depository institutions
  • $3,870Interest-bearing balances
  • $1,200Securities
  • $15,158Federal funds sold & reverse repurchase agreements
  • $1,945Net loans & leases
  • $30,816Loan loss allowance
  • $309Trading account assets
  • $0Bank premises and fixed assets
  • $1,084Other real estate owned
  • $0Goodwill and other intangibles
  • $1,005Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $53,878Total liabilities
  • $50,192Total deposits
  • $46,182Interest-bearing deposits
  • $39,862Deposits held in domestic offices
  • 46182.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3,675Subordinated debt
  • $0All other liabilities
  • $335Total equity capital
  • $335Total bank equity capital
  • $3,686Perpetual preferred stock
  • $0Common stock
  • $499Surplus
  • $180Undivided profits
  • Memoranda
  • $3,007Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $305Income earned, not collected on loans
  • $533Earning assets
  • $49,119Long-term assets (5+ years)
  • $22,818Average Assets, year-to-date
  • $54,559Average Assets, quarterly
  • $53,944Volatile liabilities
  • $11,635Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $793Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,873Total risk weighted assets
  • $32,307Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,133Total interest expense
  • $1,921Net interest income
  • $2,212Provision for loan and lease losses
  • $151Total noninterest income
  • $341Fiduciary activities
  • $0Service charges on deposit accounts
  • $307Trading account gains & fees
  • $0Additional noninterest income
  • $34Total noninterest expense
  • $1,904Salaries and employee benefits
  • $971Premises and equipment expense
  • $301Additional noninterest expense
  • $632Pre-tax net operating income
  • $498Securities gains (losses)
  • $173Applicable income taxes
  • $207Income before extraordinary items
  • $464Extraordinary gains - net
  • $0Net income attributable to bank
  • $464Net charge-offs
  • $105Cash dividends
  • $50Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.30%Cost of funding earning assets
  • 3.86%Net interest margin
  • 4.44%Noninterest income to earning assets
  • 0.68%Noninterest expense to earning assets
  • 3.82%Net operating income to assets
  • 0.63%Return on assets (ROA)
  • 0.85%Pretax return on assets
  • 1.23%Return on equity (ROE)
  • 12.57%Retained earnings to average equity (YTD only)
  • 11.21%Net charge-offs to loans
  • 0.34%Credit loss provision to net charge-offs
  • 143.81%Efficiency ratio
  • 74,579Assets per employee
  • 1.80%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 10.78%Loss allowance to loans
  • 0.99%Loss allowance to noncurrent loans
  • 101.31%Noncurrent assets plus other real estate owned to assets
  • 0.57%Noncurrent loans to loans
  • 0.98%Net loans and leases to deposits
  • 66.73%Net loans and leases to core deposits
  • 89.13%Equity capital to assets
  • 6.84%Core capital (leverage) ratio
  • 7.06%Tier 1 risk-based capital ratio
  • 11.99%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $54,559Average earning assets
  • $3,693Average equity
  • $49,804Average loans

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