FDIC Certificate #: 27365 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Branch Banking and Trust Company (#9846) Federal Reserve ID: 1220524 Date Established: November 01, 1988 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 13069 FDIC's unique #: 39685 Numeric code: 21 Regulator: FDIC 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: November 01, 1988 Last Structure Change Effective Date: November 09, 2001 Last Structure Change Process Date: November 21, 2001 Last Data Update: November 21, 2001 Data Source Date: April 05, 2012
Location
Address: 402 Main Street, Oxford, AL 36203 County: Calhoun Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Shelby Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Anniston, AL (#450) Core Based Statistical Area (CBSA): Anniston-Oxford, AL (#11500) CBSA Metro Statistical Area: Anniston-Oxford, AL (#11500)
Financial Summary
Total assets: $91.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
37Total employees (full-time equivalent)
$94,954Total assets
$1,590Cash and due from depository institutions
$164Interest-bearing balances
$30,180Securities
$7,610Federal funds sold & reverse repurchase agreements
$52,455Net loans & leases
$1,437Loan loss allowance
$0Trading account assets
$1,635Bank premises and fixed assets
$193Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,291All other assets
$94,954Total liabilities and capital
$85,857Total liabilities
$81,339Total deposits
$74,717Interest-bearing deposits
$81,339Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,500Other borrowed funds
$0Subordinated debt
$1,018All other liabilities
$9,097Total equity capital
$9,097Total bank equity capital
$9,097Perpetual preferred stock
$0Common stock
$2Surplus
$1,849Undivided profits
Memoranda
$7,246Noncurrent loans and leases
$6,329Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,171Earning assets
$0Long-term assets (5+ years)
$423Average Assets, year-to-date
$90,409Average Assets, quarterly
$30,553Volatile liabilities
$95,832Insider loans
$95,082FHLB advances
$29,362Loans and leases held for sale
$457Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$6,329Total unused commitments
$0Restructured Loans and leases
$733Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$7,796Total interest income
$4,434Total interest expense
$3,362Net interest income
$406Provision for loan and lease losses
$1,097Total noninterest income
$0Fiduciary activities
$717Service charges on deposit accounts
$0Trading account gains & fees
$380Additional noninterest income
$2,906Total noninterest expense
$1,197Salaries and employee benefits
$313Premises and equipment expense
$1,396Additional noninterest expense
$1,147Pre-tax net operating income
$1Securities gains (losses)
$169Applicable income taxes
$979Income before extraordinary items
$0Extraordinary gains - net
$979Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$546Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.91%Yield on earning assets
5.07%Cost of funding earning assets
3.84%Net interest margin
1.25%Noninterest income to earning assets
3.32%Noninterest expense to earning assets
1.02%Net operating income to assets
1.02%Return on assets (ROA)
1.20%Pretax return on assets
11.82%Return on equity (ROE)
11.82%Retained earnings to average equity (YTD only)
0.97%Net charge-offs to loans
74.36%Credit loss provision to net charge-offs
2.84%Efficiency ratio
65,172Assets per employee
2.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.67%Loss allowance to noncurrent loans
122.72%Noncurrent assets plus other real estate owned to assets
1.44%Noncurrent loans to loans
2.17%Net loans and leases to deposits
64.49%Net loans and leases to core deposits
100.92%Equity capital to assets
9.58%Core capital (leverage) ratio
9.39%Tier 1 risk-based capital ratio
15.29%Total risk-based capital ratio
Memoranda
$17Average assets
$95,832Average earning assets
$8,285Average equity
$87,475Average loans
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