First Arkansas Bank and Trust in Jacksonville, Arkansas (AR)
Other nearby banks:
Show street view
No street view available for this location
First Arkansas Bank and Trust routing number info
Table of contents:
| First Arkansas Bank and Trust | |
|---|---|
| General | FDIC Certificate #: 16849 Status: Active Federal Reserve ID: 466240 Bank Holding Company (Regulatory Top Holder): First Arkansas Bancshares, Inc. (RSSDID: 1096550, Location: Jacksonville, AR) Date Established: November 05, 1949 WWW: http://www.firstarkansasbank.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 25 (Domestic: 25, Interstate: No) OTS Docket #: 14212 FDIC's unique #: 10948 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: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: November 05, 1949 Last Structure Change Effective Date: August 05, 2008 Last Structure Change Process Date: August 05, 2008 Last Data Update: August 05, 2008 Data Source Date: April 05, 2012 |
| Location | Address: 600 West Main Street, Jacksonville, AR 72076 County: Pulaski Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Little Rock Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Little Rock-North Little Rock, AR (#4400) Combined Statistical Area (CSA): Little Rock-North Little Rock-Pine Bluff, AR (#340) Core Based Statistical Area (CBSA): Little Rock-North Little Rock-Conway, AR (#30780) CBSA Metro Statistical Area: Little Rock-North Little Rock-Conway, AR (#30780) |
| History of Changes | Participated in Absorption/Consolidation/Merger |
| Financial Summary | Total assets: $681.5 mil Equity capital: $113.5 mil Deposits held in domestic offices: $518.7 mil Return on assets (ROA): 1.83% ($12.5 mil) Quarterly return on assets: 1.32% ($9.0 mil) Return on Equity (ROE): 11.54% ($13.2 mil) Quarterly return on equity: 8.03% ($9.2 mil) Net income: $12.5 mil Quarterly Net income: $2.3 mil Pretax return on assets: 1.83% ($12,471.0 mil) Quarterly Pretax return on assets: 1.32% ($8,995.5 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 220 |
| Total assets | $681,477 |
| Cash and due from depository institutions | $37,947 |
| Interest-bearing balances | $24,559 |
| Securities | $265,383 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $303,612 |
| Loan loss allowance | $6,088 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $18,167 |
| Other real estate owned | $2,396 |
| Goodwill and other intangibles | $30,072 |
| All other assets | $23,900 |
| Life insurance assets | $681,477 |
| Total liabilities and capital | $567,951 |
| Total liabilities | $518,699 |
| Total deposits | $431,991 |
| Interest-bearing deposits | $518,699 |
| Deposits held in domestic offices | $90 |
| % insured (estimated) | 4748.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $40,000 |
| Other borrowed funds | $0 |
| Subordinated debt | $4,504 |
| All other liabilities | $113,526 |
| Total equity capital | $113,526 |
| Total bank equity capital | $113,526 |
| Perpetual preferred stock | $0 |
| Common stock | $2 |
| Surplus | $61,578 |
| Undivided profits | $51,946 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $3,543 |
| Income earned, not collected on loans | $7,985 |
| Earning assets | $127 |
| Long-term assets (5+ years) | $3,353 |
| Average Assets, year-to-date | $593,554 |
| Average Assets, quarterly | $197,991 |
| Volatile liabilities | $683,624 |
| Insider loans | $685,946 |
| FHLB advances | $451,010 |
| Loans and leases held for sale | $635,415 |
| Unused loan commitments | $10,224 |
| Tier 1 (core) risk-based capital | $6,338 |
| Tier 2 risk-based capital | $78,944 |
| Total risk weighted assets | $3,275 |
| Total unused commitments | $611 |
| Restructured Loans and leases | $64,069 |
| Derivatives | $3,860 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $32,269 |
| Total interest expense | $5,301 |
| Net interest income | $26,968 |
| Provision for loan and lease losses | $1,470 |
| Total noninterest income | $7,740 |
| Fiduciary activities | $290 |
| Service charges on deposit accounts | $3,282 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $4,168 |
| Total noninterest expense | $21,090 |
| Salaries and employee benefits | $11,301 |
| Premises and equipment expense | $3,182 |
| Additional noninterest expense | $6,607 |
| Pre-tax net operating income | $12,148 |
| Securities gains (losses) | $343 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $12,491 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $12,491 |
| Net charge-offs | $0 |
| Cash dividends | $12,491 |
| Sale, conversion, retirement of capital stock, net | $1,390 |
| Net operating income | $4,729 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.42% |
| Cost of funding earning assets | 0.89% |
| Net interest margin | 4.53% |
| Noninterest income to earning assets | 1.30% |
| Noninterest expense to earning assets | 3.54% |
| Net operating income to assets | 1.78% |
| Return on assets (ROA) | 1.83% |
| Pretax return on assets | 1.83% |
| Return on equity (ROE) | 11.54% |
| Retained earnings to average equity (YTD only) | 7.17% |
| Net charge-offs to loans | 0.44% |
| Credit loss provision to net charge-offs | 105.76% |
| Efficiency ratio | 9.80% |
| Assets per employee | $58,350 |
| Cash dividends to net income (YTD only) | 3.10% |
| Condition Ratios (%) | |
| Loss allowance to loans | 37.86% |
| Loss allowance to noncurrent loans | 1.97% |
| Noncurrent assets plus other real estate owned to assets | 76.24% |
| Noncurrent loans to loans | 1.59% |
| Net loans and leases to deposits | 2.58% |
| Net loans and leases to core deposits | 58.53% |
| Equity capital to assets | 60.03% |
| Core capital (leverage) ratio | 16.66% |
| Tier 1 risk-based capital ratio | 12.42% |
| Total risk-based capital ratio | 17.50% |
| Memoranda | |
| Average assets | $19 |
| Average earning assets | $683,624 |
| Average equity | $108,286 |
| Average loans | $595,696 |
| 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 Accounts | 1 |
| Fiduciary powers granted | Yes |
| Fiduciary or related activity | Yes |
| Managed Assets | $83,189 |
| Number of Accounts | 1 |
| Personal trust and agency accounts | $35,972 |
| Employee benefit-defined contribution accounts | $27,159 |
| Employee benefit-defined benefit accounts | $8,813 |
| 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 Accounts | 280 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $47,217 |
| Corporate trust and agency accounts | $27,519 |
| Other fiduciary accounts | $6,564 |
| Fiduciary accounts held in foreign offices | $8,584 |
| 24 Arkansas Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 10948 | First Arkansas Bank And Trust | 600 West Main Street, Jacksonville, AR 72076 | November 05, 1949 | Full Service Brick and Mortar |  |
| 1 | 239009 | Arnold Drive Lr Afb Branch | Building 795, Arnold Drive, Jacksonville, AR 72076 | January 10, 1956 | Full Service Brick and Mortar |  |
| 2 | 239010 | West Branch | 2519 W Main St, Jacksonville, AR 72076 | September 02, 1966 | Full Service Brick and Mortar | |
| 3 | 239011 | Gravel Ridge Branch | 14905 Hwy 107, Gravel Ridge, AR 72076 | October 17, 1983 | Full Service Brick and Mortar | |
| 5 | 239013 | North Branch | 501 J.P. Wright Loop Road, Jacksonville, AR 72076 | August 21, 1989 | Full Service Brick and Mortar | |
| 8 | 239014 | Highway 5 Branch | 3166 Highway 367 South, Cabot, AR 72023 | January 31, 1994 | Full Service Brick and Mortar | |
| 9 | 239015 | Rockwood Branch | 105 South Rockwood, Cabot, AR 72023 | Febuary 08, 1999 | Full Service Brick and Mortar | |
| 10 | 357133 | Wal Mart Branch | 2000 John Harden Drive, Jacksonville, AR 72076 | January 26, 2000 | Full Service Retail | |
| 11 | 419343 | Highway 89 South Branch | 111 Bill Foster Memorial Highway, Cabot, AR 72023 | July 30, 2002 | Full Service Retail | |
| 12 | 427069 | Mccain Boulevard Branch | 4450 East Mccain Boulevard, North Little Rock, AR 72117 | March 17, 2004 | Full Service Retail | |
| 13 | 427741 | El Paso Branch | 3097 Hwy 5, El Paso, AR 72045 | April 15, 2004 | Full Service Retail | |
| 14 | 5562 | Heber Springs Branch | 806 W Main St, Heber Springs, AR 72543 | March 03, 1903 | Full Service Brick and Mortar | |
| 15 | 218876 | Greers Ferry Branch | Greers Ferry Rd, Greers Ferry, AR 72067 | July 28, 1969 | Full Service Brick and Mortar | |
| 18 | 218880 | Quitman Branch | 5825 Heber Springs Road West, Quitman, AR 72131 | January 11, 1999 | Full Service Brick and Mortar | |
| 20 | 218882 | Guy Community Branch | 367 Hwy 25 N #1, Greenbrier, AR 72058 | September 27, 1999 | Full Service Brick and Mortar | |
| 22 | 238058 | Greenbrier Branch | 11 North Broadview, Greenbrier, AR 72058 | Febuary 21, 1968 | Full Service Brick and Mortar | |
| 26 | 453569 | Damascus Branch | 10 South Broadway, Damascus, AR 72039 | July 31, 2006 | Full Service Brick and Mortar | |
| 28 | 473954 | Austin Branch | 1685 East Main, Austin, AR 72007 | March 10, 2008 | Full Service Brick and Mortar | |
| 30 | 476946 | Sherwood Wal Mart Branch | 9053 Highway 107, Sherwood, AR 72120 | June 11, 2008 | Full Service Retail | |
| 31 | 478500 | Cyber Branch | 600 West Main Street, Jacksonville, AR 72076 | October 01, 2007 | Full Service Cyber | |
| 32 | 47177 | New Northside Branch | 1230 Highway 25b North, Heber Springs, AR 72543 | July 26, 1991 | Full Service Brick and Mortar | |
| 33 | 270539 | Clinton Branch | Thriftway Shopping Center, Clinton, AR 72031 | June 30, 1986 | Full Service Brick and Mortar | |
| 35 | 437780 | Sugar Loaf Office Branch | 1500-A Highway 25 By-Pass, Heber Springs, AR 72543 | Febuary 08, 2005 | Full Service Retail | |
| 37 | 517917 | Wildwood Branch | 2200 Wildwood Avenue, Sherwood, AR 72120 | Febuary 27, 2011 | Full Service Brick and Mortar | |
User Contributions:
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First Arkansas Bank and Trust.
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.