First Bank and Trust in New Orleans, Louisiana (LA), MS
Overview, Financial Summary, Detailed Financial Reports, Branches


  • First Bank and Trust in New Orleans, Louisiana (LA), MS
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First Bank and Trust - Overview

  • General
  • FDIC Certificate #: 33405
    Status: Active
    Federal Reserve ID: 1862719
    Bank Holding Company (Regulatory Top Holder): First Trust Corporation (RSSDID: 2127657, Location: New Orleans, LA)
    Date Established: May 17, 1991
    WWW: http://www.fbtonline.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 17 (Domestic: 17, Interstate: Yes)
    OTS Docket #: 9640
    FDIC's unique #: 47044
    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: May 17, 1991
    Last Structure Change Effective Date: Febuary 13, 2009
    Last Structure Change Process Date: Febuary 17, 2009
    Last Data Update: Febuary 17, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 909 Poydras Street, Suite 100, New Orleans, LA 70112
    County: Orleans
    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)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $760.5 mil
    Equity capital: $53.6 mil
    Deposits held in domestic offices: $610.3 mil
    Return on assets (ROA): -0.17% (-$1.3 mil)
    Quarterly return on assets: -0.15% (-$1.1 mil)
    Return on Equity (ROE): -2.51% (-$1.4 mil)
    Quarterly return on equity: -2.20% (-$1.2 mil)
    Net income: -$1.4 mil
    Quarterly Net income: -$0.3 mil
    Pretax return on assets: -0.17% (-$1,292.9 mil)
    Quarterly Pretax return on assets: -0.15% (-$1,140.8 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
  • 235Total employees (full-time equivalent)
  • $760,545Total assets
  • $36,546Cash and due from depository institutions
  • $29,897Interest-bearing balances
  • $143,400Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $519,371Net loans & leases
  • $9,626Loan loss allowance
  • $0Trading account assets
  • $24,888Bank premises and fixed assets
  • $21,767Other real estate owned
  • $0Goodwill and other intangibles
  • $760,544Life insurance assets
  • $14,573All other assets
  • $706,909Total liabilities and capital
  • $610,270Total liabilities
  • $481,978Total deposits
  • $610,270Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 39759.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $53,985Trading liabilities
  • $0Other borrowed funds
  • $2,895Subordinated debt
  • $53,635All other liabilities
  • $53,635Total equity capital
  • $53,635Total bank equity capital
  • $45,586Perpetual preferred stock
  • $2,346Common stock
  • $29,048Surplus
  • $-23,345Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $5,044Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $22,997Income earned, not collected on loans
  • $772Earning assets
  • $2,934Long-term assets (5+ years)
  • $692,668Average Assets, year-to-date
  • $129,977Average Assets, quarterly
  • $809,342Volatile liabilities
  • $787,597Insider loans
  • $526,413FHLB advances
  • $790,063Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $52,740Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $37,869Restructured Loans and leases
  • $1,768Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $35,103Total interest income
  • $10,619Total interest expense
  • $24,484Net interest income
  • -$200Provision for loan and lease losses
  • $8,656Total noninterest income
  • $0Fiduciary activities
  • $1,986Service charges on deposit accounts
  • $0Trading account gains & fees
  • $6,670Additional noninterest income
  • $34,704Total noninterest expense
  • $14,662Salaries and employee benefits
  • $5,237Premises and equipment expense
  • $14,805Additional noninterest expense
  • -$1,364Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$1,364Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,364Net income attributable to bank
  • $0Net charge-offs
  • -$1,364Cash dividends
  • $7,827Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.72%Yield on earning assets
  • 1.43%Cost of funding earning assets
  • 3.29%Net interest margin
  • 1.16%Noninterest income to earning assets
  • 4.67%Noninterest expense to earning assets
  • -0.17%Net operating income to assets
  • -0.17%Return on assets (ROA)
  • -0.17%Pretax return on assets
  • -2.51%Return on equity (ROE)
  • -2.51%Retained earnings to average equity (YTD only)
  • 1.48%Net charge-offs to loans
  • -2.56%Credit loss provision to net charge-offs
  • -0.20%Efficiency ratio
  • 104,662Assets per employee
  • 3.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.82%Loss allowance to noncurrent loans
  • 41.86%Noncurrent assets plus other real estate owned to assets
  • 5.89%Noncurrent loans to loans
  • 4.35%Net loans and leases to deposits
  • 85.11%Net loans and leases to core deposits
  • 88.81%Equity capital to assets
  • 7.05%Core capital (leverage) ratio
  • 6.68%Tier 1 risk-based capital ratio
  • 10.02%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $809,342Average earning assets
  • $54,357Average equity
  • $743,657Average loans

Total Fiduciary and Related Assets (December 31, 2005)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $19,549Managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 25Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $19,549Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 14 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    047044First Bank And Trust909 Poydras Street, Suite 100, New Orleans, LA 70112May 17, 1991Full Service Brick and Mortar
    3289581Elmwood Sales Branch5360 Mounes Street, Harahan, LA 70123December 18, 1995Full Service Brick and Mortar
    6289584Manhattan Branch2800 Manhattan Boulevard, Suite C, Harvey, LA 70058April 26, 1999Full Service Brick and Mortar
    7289585Algiers Branch4550 General Degaulle Drive, New Orleans, LA 70131May 10, 1999Full Service Brick and Mortar
    1047105Williams Branch3417 Williams Boulevard, Kenner, LA 70062May 24, 1991Full Service Brick and Mortar
    18424236Metairie Road Branch458 Metairie Road, Metairie, LA 70005December 22, 2003Full Service Brick and Mortar
    22458347First Bank And Trust Lafayette Loan101 Feu Follet Road, Suite 100, Lafayette, LA 70508December 05, 2006Limited Service Loan Production
    23469271Northpark Branch118 Lake Drive, Covington, LA 70433November 26, 2007Full Service Brick and Mortar
    2417597West Oaks Branch201 West Oak Street, Amite, LA 70422November 01, 1984Full Service Brick and Mortar
    27258161Hammond Branch1320 South Morrison Boulevard, Hammond, LA 70403October 20, 1998Full Service Brick and Mortar
    34485228River Ranch Branch1201 Camellia Boulevard, Lafayette, LA 70508January 20, 2009Full Service Brick and Mortar
    3642703Veterans Branch3929 Veterans Memorial Boulevard, Metairie, LA 70002March 01, 1937Full Service Brick and Mortar
    38494790Jefferson Highway Branch8383 Jefferson Highway, Baton Rouge, LA 70809August 24, 2009Full Service Brick and Mortar
    40511735Springfield Branch31579 Highway 22, Springfield, LA 70462July 01, 2009Full Service Retail
  • 3 Mississippi Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    30451734First Bank And Trust Of Mississippi1703 Old Mobile Highway, Pascagoula, MS 39567June 01, 2006Limited Service Loan Production
    32469435First Bank And Trust Of Mississippi244 Eisenhower Drive, Biloxi, MS 39531December 03, 2007Full Service Brick and Mortar
    39500316Gulfport Branch11464 Highway 49, Gulfport, MS 39503January 05, 2010Full Service Brick and Mortar

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