First Bank in Slidell, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 17, 1995

  • First Bank in Slidell, Louisiana (LA)
  • Show street view No street view available for this location

First Bank - Overview

  • General
  • FDIC Certificate #: 312
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First National Bank of Commerce (#4298)
    Federal Reserve ID: 843636
    Date Established: January 01, 1906
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    OTS Docket #: 11494
    FDIC's unique #: 250
    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 01, 1934
    Last Structure Change Effective Date: Febuary 17, 1995
    Last Structure Change Process Date: Febuary 23, 1995
    Last Data Update: Febuary 23, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 2200 Front Street, Slidell, LA 70458
    County: St. Tammany
    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)
    Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406)
    Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380)
    CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
  • Financial Summary
  • Total assets: $245.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $168Total assets
  • $245,784Cash and due from depository institutions
  • $11,308Interest-bearing balances
  • $143Securities
  • $38,308Federal funds sold & reverse repurchase agreements
  • $28,030Net loans & leases
  • $149,082Loan loss allowance
  • $2,277Trading account assets
  • $0Bank premises and fixed assets
  • $5,641Other real estate owned
  • $1,689Goodwill and other intangibles
  • $11,726Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $245,784Total liabilities
  • $224,005Total deposits
  • $219,784Interest-bearing deposits
  • $174,992Deposits held in domestic offices
  • 219784.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,339Subordinated debt
  • $0All other liabilities
  • $2,882Total equity capital
  • $2,882Total bank equity capital
  • $21,779Perpetual preferred stock
  • $0Common stock
  • $908Surplus
  • $4,093Undivided profits
  • Memoranda
  • $16,778Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $151Income earned, not collected on loans
  • $732Earning assets
  • $215,563Long-term assets (5+ years)
  • $12,358Average Assets, year-to-date
  • $245,597Average Assets, quarterly
  • $244,788Volatile liabilities
  • $12,219Insider loans
  • $1,847FHLB advances
  • $0Loans and leases held for sale
  • $1,524Unused loan commitments
  • $17,441Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $22,269Total risk weighted assets
  • $165,698Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $19,259Total interest expense
  • $5,006Net interest income
  • $14,253Provision for loan and lease losses
  • $125Total noninterest income
  • $3,513Fiduciary activities
  • $0Service charges on deposit accounts
  • $2,014Trading account gains & fees
  • $0Additional noninterest income
  • $1,499Total noninterest expense
  • $11,430Salaries and employee benefits
  • $6,374Premises and equipment expense
  • $1,488Additional noninterest expense
  • $3,568Pre-tax net operating income
  • $6,211Securities gains (losses)
  • $65Applicable income taxes
  • $1,826Income before extraordinary items
  • $4,450Extraordinary gains - net
  • $0Net income attributable to bank
  • $4,450Net charge-offs
  • $5Cash dividends
  • $2,500Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.70%Cost of funding earning assets
  • 2.26%Net interest margin
  • 6.44%Noninterest income to earning assets
  • 1.59%Noninterest expense to earning assets
  • 5.16%Net operating income to assets
  • 1.79%Return on assets (ROA)
  • 1.81%Pretax return on assets
  • 2.56%Return on equity (ROE)
  • 20.74%Retained earnings to average equity (YTD only)
  • 9.09%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 2500.00%Efficiency ratio
  • 64,336Assets per employee
  • 1.46%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 56.18%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 1507.95%Noncurrent assets plus other real estate owned to assets
  • 0.75%Noncurrent loans to loans
  • 0.10%Net loans and leases to deposits
  • 67.83%Net loans and leases to core deposits
  • 71.36%Equity capital to assets
  • 8.86%Core capital (leverage) ratio
  • 9.11%Tier 1 risk-based capital ratio
  • 13.44%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $245,597Average earning assets
  • $21,461Average equity
  • $221,441Average loans

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