FDIC Certificate #: 16536 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Citizens Bank of Philadelphia, Mississippi (#12204) Federal Reserve ID: 728340 Date Established: January 27, 1947 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 10688 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: January 27, 1947 Last Structure Change Effective Date: May 17, 2002 Last Structure Change Process Date: June 03, 2002 Last Data Update: June 03, 2002 Data Source Date: April 05, 2012
Location
Address: 100 East Main Street, Louisville, MS 39339 County: Winston 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
Financial Summary
Total assets: $71.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
24Total employees (full-time equivalent)
$69,738Total assets
$3,132Cash and due from depository institutions
$755Interest-bearing balances
$43,362Securities
$4,125Federal funds sold & reverse repurchase agreements
$16,080Net loans & leases
$638Loan loss allowance
$0Trading account assets
$1,246Bank premises and fixed assets
$368Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,425All other assets
$69,738Total liabilities and capital
$61,259Total liabilities
$56,002Total deposits
$50,293Interest-bearing deposits
$56,002Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$5,000Other borrowed funds
$0Subordinated debt
$257All other liabilities
$8,479Total equity capital
$8,479Total bank equity capital
$8,479Perpetual preferred stock
$0Common stock
$750Surplus
$5,100Undivided profits
Memoranda
$2,629Noncurrent loans and leases
$1,029Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$471Earning assets
$0Long-term assets (5+ years)
$181Average Assets, year-to-date
$64,322Average Assets, quarterly
$38,860Volatile liabilities
$68,999Insider loans
$69,975FHLB advances
$4,563Loans and leases held for sale
$841Unused loan commitments
$5,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,029Total unused commitments
$0Restructured Loans and leases
$313Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$4,208Total interest income
$2,443Total interest expense
$1,765Net interest income
$180Provision for loan and lease losses
$714Total noninterest income
$5Fiduciary activities
$537Service charges on deposit accounts
$0Trading account gains & fees
$172Additional noninterest income
$2,159Total noninterest expense
$1,001Salaries and employee benefits
$426Premises and equipment expense
$732Additional noninterest expense
$140Pre-tax net operating income
$32Securities gains (losses)
-$23Applicable income taxes
$195Income before extraordinary items
$0Extraordinary gains - net
$195Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$456Sale, conversion, retirement of capital stock, net
$113Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.64%Yield on earning assets
3.86%Cost of funding earning assets
2.79%Net interest margin
1.13%Noninterest income to earning assets
3.41%Noninterest expense to earning assets
0.24%Net operating income to assets
0.28%Return on assets (ROA)
0.25%Pretax return on assets
2.31%Return on equity (ROE)
0.97%Retained earnings to average equity (YTD only)
2.40%Net charge-offs to loans
39.47%Credit loss provision to net charge-offs
0.70%Efficiency ratio
87,092Assets per employee
2.91%Cash dividends to net income (YTD only)
Condition Ratios (%)
57.95%Loss allowance to loans
3.82%Loss allowance to noncurrent loans
135.46%Noncurrent assets plus other real estate owned to assets
1.20%Noncurrent loans to loans
2.82%Net loans and leases to deposits
28.71%Net loans and leases to core deposits
31.26%Equity capital to assets
12.16%Core capital (leverage) ratio
11.05%Tier 1 risk-based capital ratio
31.57%Total risk-based capital ratio
Memoranda
$33Average assets
$68,999Average earning assets
$8,454Average equity
$63,344Average loans
Total Fiduciary and Related Assets (December 31, 2001)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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