Concordia Bank & Trust Company in Vidalia, Louisiana (LA), MS



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Concordia Bank & Trust Company routing number info

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Concordia Bank & Trust Company
GeneralFDIC Certificate #: 8527
Status: Active
Federal Reserve ID: 819556
Bank Holding Company (Regulatory Top Holder): Concordia Capital Corporation (RSSDID: 2557414, Location: Vidalia, LA)
Date Established: July 01, 1903
WWW: http://www.concordiabank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Domestic: 7, Interstate: Yes)
OTS Docket #: 11229
FDIC's unique #: 5435
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: No
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
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
LocationAddress: 904 Carter Street, Vidalia, LA 71373
County: Concordia
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): Natchez, MS-LA (#35020)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $516.6 mil
Equity capital: $56.6 mil
Deposits held in domestic offices: $432.4 mil
Return on assets (ROA): 0.91% ($4.7 mil)
Quarterly return on assets: 0.68% ($3.5 mil)
Return on Equity (ROE): 8.25% ($4.7 mil)
Quarterly return on equity: 6.23% ($3.6 mil)
Net income: $4.5 mil
Quarterly Net income: $0.9 mil
Pretax return on assets: 1.23% ($6,354.5 mil)
Quarterly Pretax return on assets: 0.97% ($5,011.3 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)
Total employees (full-time equivalent)122
Total assets$516,630
Cash and due from depository institutions$77,836
Interest-bearing balances$69,329
Securities$177,975
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$236,420
Loan loss allowance $861
Trading account assets$0
Bank premises and fixed assets$8,070
Other real estate owned$1,964
Goodwill and other intangibles$1,493
All other assets$12,872
Life insurance assets$516,630
Total liabilities and capital$459,991
Total liabilities$432,429
Total deposits$349,026
Interest-bearing deposits$432,429
Deposits held in domestic offices$79
% insured (estimated)24149.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $3,413
All other liabilities $56,639
Total equity capital$56,639
Total bank equity capital$56,639
Perpetual preferred stock$0
Common stock$2,500
Surplus$35,000
Undivided profits $19,139
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $520
Income earned, not collected on loans $3,835
Earning assets $0
Long-term assets (5+ years) $2,843
Average Assets, year-to-date $483,724
Average Assets, quarterly $73,084
Volatile liabilities $501,685
Insider loans $512,122
FHLB advances $254,463
Loans and leases held for sale $511,716
Unused loan commitments $6,686
Tier 1 (core) risk-based capital $6,686
Tier 2 risk-based capital $54,382
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $24,054
Derivatives$8,186
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $20,470
Total interest expense $4,827
Net interest income $15,643
Provision for loan and lease losses $162
Total noninterest income $2,830
Fiduciary activities $11
Service charges on deposit accounts $2,134
Trading account gains & fees $0
Additional noninterest income $685
Total noninterest expense $12,124
Salaries and employee benefits $7,443
Premises and equipment expense $1,301
Additional noninterest expense $3,380
Pre-tax net operating income $6,187
Securities gains (losses) $0
Applicable income taxes $1,638
Income before extraordinary items $4,549
Extraordinary gains - net $0
Net income attributable to bank $4,549
Net charge-offs $0
Cash dividends $4,549
Sale, conversion, retirement of capital stock, net $126
Net operating income $1,600
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.36%
Cost of funding earning assets 1.03%
Net interest margin 3.33%
Noninterest income to earning assets 0.60%
Noninterest expense to earning assets 2.58%
Net operating income to assets 0.91%
Return on assets (ROA) 0.91%
Pretax return on assets 1.23%
Return on equity (ROE) 8.25%
Retained earnings to average equity (YTD only) 5.35%
Net charge-offs to loans 0.05%
Credit loss provision to net charge-offs 128.57%
Efficiency ratio50.39%
Assets per employee$65,631
Cash dividends to net income (YTD only)4.23%
Condition Ratios (%)
Loss allowance to loans 35.17%
Loss allowance to noncurrent loans 0.36%
Noncurrent assets plus other real estate owned to assets 22.45%
Noncurrent loans to loans 1.12%
Net loans and leases to deposits1.62%
Net loans and leases to core deposits 54.67%
Equity capital to assets 60.51%
Core capital (leverage) ratio 10.96%
Tier 1 risk-based capital ratio 10.63%
Total risk-based capital ratio 21.37%
Memoranda
Average assets$22
Average earning assets$501,685
Average equity $55,125
Average loans $469,273
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$2,829
Number of Accounts1
Personal trust and agency accounts$2,829
Employee benefit-defined contribution accounts$2,829
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts14
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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3 Louisiana Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
05435Concordia Bank & Trust Company904 Carter Street, Vidalia, LA 71373July 01, 1903Full Service Brick and Mortar
1218663Ferriday Branch201 Louisiana Avenue, Ferriday, LA 71334August 01, 1937Full Service Brick and Mortar
2218664Monterey Branch6292 Highway 129, Monterey, LA 71354April 05, 1976Full Service Brick and Mortar
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4 Mississippi Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
544755Wilkinson County Branch498 Main Street, Woodville, MS 39669January 01, 1973Full Service Brick and Mortar
6419445Natchez Branch45 Sargeant Road, Natchez, MS 39120August 13, 2002Full Service Brick and Mortar
7492412North Natchez Branch516 Hwy 61 North, Natchez, MS 39120November 13, 2008Full Service Brick and Mortar
8499532Downtown Natchez Branch300 Main Street, Natchez, MS 39120December 07, 2009Full Service Brick and Mortar
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