Citizens First Bank in El Dorado, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 13, 1998

  • Citizens First Bank in El Dorado, Arkansas (AR)
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Citizens First Bank - Overview

  • General
  • FDIC Certificate #: 95
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank (#12368)
    Federal Reserve ID: 525147
    Date Established: January 01, 1933
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 6 (Interstate: No)
    OTS Docket #: 12148
    FDIC's unique #: 75
    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: August 13, 1998
    Last Structure Change Process Date: September 10, 1998
    Last Data Update: September 10, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 East Peach Street, El Dorado, AR 71731
    County: Union
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Shreveport
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Core Based Statistical Area (CBSA): El Dorado, AR (#20980)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $116.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 51Total employees (full-time equivalent)
  • $125,779Total assets
  • $3,397Cash and due from depository institutions
  • $80Interest-bearing balances
  • $40,829Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $68,606Net loans & leases
  • $1,302Loan loss allowance
  • $0Trading account assets
  • $5,858Bank premises and fixed assets
  • $83Other real estate owned
  • $5,958Goodwill and other intangibles
  • $0Life insurance assets
  • $1,048All other assets
  • $125,779Total liabilities and capital
  • $109,427Total liabilities
  • $106,017Total deposits
  • $91,839Interest-bearing deposits
  • $106,017Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $602Other borrowed funds
  • $0Subordinated debt
  • $808All other liabilities
  • $16,352Total equity capital
  • $16,352Total bank equity capital
  • $16,352Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $14,773Undivided profits
  • Memoranda
  • $579Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $332Earning assets
  • $53Long-term assets (5+ years)
  • $465Average Assets, year-to-date
  • $109,515Average Assets, quarterly
  • $27,369Volatile liabilities
  • $123,112Insider loans
  • $124,497FHLB advances
  • $24,007Loans and leases held for sale
  • $2,773Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $93Total risk weighted assets
  • $3,287Total unused commitments
  • $0Restructured Loans and leases
  • $76,275Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $8,287Total interest income
  • $3,717Total interest expense
  • $4,570Net interest income
  • $135Provision for loan and lease losses
  • $754Total noninterest income
  • $31Fiduciary activities
  • $526Service charges on deposit accounts
  • $0Trading account gains & fees
  • $197Additional noninterest income
  • $3,660Total noninterest expense
  • $1,569Salaries and employee benefits
  • $563Premises and equipment expense
  • $1,528Additional noninterest expense
  • $1,529Pre-tax net operating income
  • -$15Securities gains (losses)
  • $594Applicable income taxes
  • $920Income before extraordinary items
  • $0Extraordinary gains - net
  • $920Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $190Sale, conversion, retirement of capital stock, net
  • $700Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.83%Yield on earning assets
  • 3.51%Cost of funding earning assets
  • 4.32%Net interest margin
  • 0.71%Noninterest income to earning assets
  • 3.46%Noninterest expense to earning assets
  • 0.76%Net operating income to assets
  • 0.75%Return on assets (ROA)
  • 1.23%Pretax return on assets
  • 5.76%Return on equity (ROE)
  • 1.38%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 71.05%Credit loss provision to net charge-offs
  • 8.76%Efficiency ratio
  • 60,086Assets per employee
  • 2.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 76.09%Loss allowance to loans
  • 1.86%Loss allowance to noncurrent loans
  • 392.17%Noncurrent assets plus other real estate owned to assets
  • 0.33%Noncurrent loans to loans
  • 0.47%Net loans and leases to deposits
  • 64.71%Net loans and leases to core deposits
  • 81.08%Equity capital to assets
  • 13.00%Core capital (leverage) ratio
  • 8.60%Tier 1 risk-based capital ratio
  • 13.52%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $123,112Average earning assets
  • $15,969Average equity
  • $105,782Average loans

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