First American Bank and Trust in Vacherie, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First American Bank and Trust - Overview

  • General
  • FDIC Certificate #: 8149
    Status: Active
    Federal Reserve ID: 101037
    Bank Holding Company (Regulatory Top Holder): One American Corp. (RSSDID: 1083729, Location: Vacherie, LA)
    Date Established: December 03, 1910
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 24 (Domestic: 24, Interstate: No)
    OTS Docket #: 11973
    FDIC's unique #: 5194
    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: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 02, 2010
    Last Structure Change Process Date: June 03, 2010
    Last Data Update: June 03, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 2785 Hwy 20, Vacherie, LA 70090
    County: St. James
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): New Orleans, LA (#5560)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $704.1 mil
    Equity capital: $83.5 mil
    Deposits held in domestic offices: $612.5 mil
    Return on assets (ROA): 0.66% ($4.6 mil)
    Quarterly return on assets: 0.84% ($5.9 mil)
    Return on Equity (ROE): 5.77% ($4.8 mil)
    Quarterly return on equity: 7.10% ($6.0 mil)
    Net income: $4.7 mil
    Quarterly Net income: $1.5 mil
    Pretax return on assets: 0.91% ($6,407.0 mil)
    Quarterly Pretax return on assets: 1.18% ($8,308.0 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
  • 212Total employees (full-time equivalent)
  • $704,071Total assets
  • $29,808Cash and due from depository institutions
  • $19,803Interest-bearing balances
  • $203,287Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $432,622Net loans & leases
  • $12,335Loan loss allowance
  • $0Trading account assets
  • $26,200Bank premises and fixed assets
  • $1,113Other real estate owned
  • $0Goodwill and other intangibles
  • $704,071Life insurance assets
  • $11,041All other assets
  • $620,540Total liabilities and capital
  • $612,539Total liabilities
  • $438,176Total deposits
  • $612,539Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 5768.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,233Subordinated debt
  • $83,531All other liabilities
  • $83,531Total equity capital
  • $83,531Total bank equity capital
  • $0Perpetual preferred stock
  • $1,500Common stock
  • $23,500Surplus
  • $58,531Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $10,996Income earned, not collected on loans
  • $0Earning assets
  • $2,365Long-term assets (5+ years)
  • $655,712Average Assets, year-to-date
  • $194,456Average Assets, quarterly
  • $710,363Volatile liabilities
  • $700,078Insider loans
  • $444,645FHLB advances
  • $705,000Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $79,832Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $68,302Restructured Loans and leases
  • $10,130Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $31,675Total interest income
  • $4,838Total interest expense
  • $26,837Net interest income
  • $7,350Provision for loan and lease losses
  • $7,984Total noninterest income
  • $0Fiduciary activities
  • $5,094Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,890Additional noninterest income
  • $21,228Total noninterest expense
  • $12,446Salaries and employee benefits
  • $4,348Premises and equipment expense
  • $4,434Additional noninterest expense
  • $6,243Pre-tax net operating income
  • $228Securities gains (losses)
  • $1,799Applicable income taxes
  • $4,672Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,672Net income attributable to bank
  • $0Net charge-offs
  • $4,672Cash dividends
  • $5,451Sale, conversion, retirement of capital stock, net
  • $1,800Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.80%Yield on earning assets
  • 0.73%Cost of funding earning assets
  • 4.06%Net interest margin
  • 1.21%Noninterest income to earning assets
  • 3.22%Noninterest expense to earning assets
  • 0.63%Net operating income to assets
  • 0.66%Return on assets (ROA)
  • 0.91%Pretax return on assets
  • 5.77%Return on equity (ROE)
  • 3.55%Retained earnings to average equity (YTD only)
  • 1.21%Net charge-offs to loans
  • 134.84%Credit loss provision to net charge-offs
  • 2.49%Efficiency ratio
  • 60,877Assets per employee
  • 3.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 38.53%Loss allowance to loans
  • 2.77%Loss allowance to noncurrent loans
  • 112.18%Noncurrent assets plus other real estate owned to assets
  • 1.72%Noncurrent loans to loans
  • 2.47%Net loans and leases to deposits
  • 70.63%Net loans and leases to core deposits
  • 74.22%Equity capital to assets
  • 11.86%Core capital (leverage) ratio
  • 11.32%Tier 1 risk-based capital ratio
  • 17.95%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $710,363Average earning assets
  • $80,915Average equity
  • $660,209Average loans

List of branches

  • 24 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05194First American Bank And Trust2785 Hwy 20, Vacherie, LA 70090December 03, 1910Full Service Brick and Mortar
    1218025Gramercy Branch190 North Airline Highway, Gramercy, LA 70052July 09, 1969Full Service Brick and Mortar
    2218026South Vacherie Branch19942 Highway 643, Vacherie, LA 70090November 11, 1974Full Service Brick and Mortar
    4218028Lutcher Branch2161 Highway 3125, Lutcher, LA 70071December 30, 1985Full Service Brick and Mortar
    5218029Thibodaux Branch406 North Canal Boulevard, Thibodaux, LA 70301April 24, 1989Full Service Brick and Mortar
    67539James Park Branch11 James Boulevard, St. Rose, LA 70087January 02, 1924Full Service Brick and Mortar
    7225547Boutte Branch13355 Highway 90, Boutte, LA 70039November 01, 1965Full Service Brick and Mortar
    8225548Norco Branch903 First Street, Norco, LA 70079December 18, 1939Full Service Brick and Mortar
    9225550Des Allemands Branch17228 Highway 90, Des Allemands, LA 70030October 25, 1972Full Service Brick and Mortar
    11225552Luling Branch13919 River Road, Suite 100, Luling, LA 70070July 16, 1981Full Service Brick and Mortar
    1211042Williams Branch3145 Williams Boulevard, Kenner, LA 70065December 14, 1950Full Service Brick and Mortar
    13239779Veterans Branch1800 Veterans Boulevard, Metairie, LA 70005November 24, 1964Full Service Brick and Mortar
    1542160Laplace Branch124 Belle Terre Drive, Laplace, LA 70068January 01, 1907Full Service Brick and Mortar
    1632034Hammond Branch1800 Southwest Railroad Avenue, Hammond, LA 70403December 31, 1984Full Service Brick and Mortar
    17218030Napoleonville Branch4741 Louisiana Highway 1, Napoleonville, LA 70390September 02, 1997Full Service Brick and Mortar
    19218032Audubon Avenue Branch1116 Audubon Avenue, Thibodaux, LA 70301March 15, 1999Full Service Brick and Mortar
    20357025Donaldsonville Branch200 Marchand Drive, Donaldsonville, LA 70346July 17, 2000Full Service Brick and Mortar
    2117395Harvey Branch1701 Manhattan Boulevard, Harvey, LA 70058May 21, 1984Full Service Brick and Mortar
    22257881Veterans/Division Branch3620 Veterans Memorial Boulevard, Metairie, LA 70002July 01, 1986Full Service Brick and Mortar
    25445193Gonzales Branch404 North Burnside, Gonzales, LA 70737October 17, 2005Full Service Brick and Mortar
    26446820Pierre Part Branch3420 Highway 70 South, Pierre Part, LA 70339January 03, 2006Full Service Brick and Mortar
    27473960Jones Creek Branch5412 Jones Creek Road, Baton Rouge, LA 70817April 14, 2008Full Service Brick and Mortar
    28483202Mandeville Branch4360 Highway 22, Mandeville, LA 70471December 01, 2008Full Service Brick and Mortar
    29500183Houma Office1249 St. Charles Street, Houma, LA 70360December 03, 2009Full Service Brick and Mortar

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