FDIC Certificate #: 31867 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Bank and Trust (#33405) Federal Reserve ID: 656274 Date Established: January 01, 1971 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 7550 FDIC's unique #: 44701 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: April 18, 1977 Last Structure Change Effective Date: December 31, 2008 Last Structure Change Process Date: January 13, 2009 Last Data Update: January 13, 2009 Data Source Date: April 05, 2012
Location
Address: 409 Summit Street, Winona, MS 38967 County: Montgomery Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Jackson Ms Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West
Financial Summary
Total assets: $81.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
22Total employees (full-time equivalent)
$75,351Total assets
$763Cash and due from depository institutions
$0Interest-bearing balances
$8,247Securities
$4,813Federal funds sold & reverse repurchase agreements
$54,680Net loans & leases
$980Loan loss allowance
$0Trading account assets
$4,503Bank premises and fixed assets
$383Other real estate owned
$876Goodwill and other intangibles
$0Life insurance assets
$1,086All other assets
$75,351Total liabilities and capital
$68,531Total liabilities
$64,758Total deposits
$61,528Interest-bearing deposits
$64,758Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,653Other borrowed funds
$0Subordinated debt
$1,120All other liabilities
$6,820Total equity capital
$6,820Total bank equity capital
$6,820Perpetual preferred stock
$0Common stock
$4,437Surplus
$3,834Undivided profits
Memoranda
$-1,451Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,102Earning assets
$0Long-term assets (5+ years)
$411Average Assets, year-to-date
$67,740Average Assets, quarterly
$7,151Volatile liabilities
$69,730Insider loans
$73,819FHLB advances
$29,341Loans and leases held for sale
$818Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$593Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$4,978Total interest income
$2,309Total interest expense
$2,669Net interest income
$122Provision for loan and lease losses
$136Total noninterest income
$0Fiduciary activities
$75Service charges on deposit accounts
$0Trading account gains & fees
$61Additional noninterest income
$2,789Total noninterest expense
$1,385Salaries and employee benefits
$295Premises and equipment expense
$1,109Additional noninterest expense
-$106Pre-tax net operating income
$4Securities gains (losses)
$0Applicable income taxes
-$102Income before extraordinary items
$0Extraordinary gains - net
-$102Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$3Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.71%Yield on earning assets
3.57%Cost of funding earning assets
4.13%Net interest margin
0.21%Noninterest income to earning assets
4.32%Noninterest expense to earning assets
-0.15%Net operating income to assets
-0.15%Return on assets (ROA)
-0.15%Pretax return on assets
-1.49%Return on equity (ROE)
-1.49%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
-4066.67%Credit loss provision to net charge-offs
0.00%Efficiency ratio
99,430Assets per employee
3.43%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.76%Loss allowance to noncurrent loans
88.93%Noncurrent assets plus other real estate owned to assets
1.97%Noncurrent loans to loans
1.98%Net loans and leases to deposits
84.44%Net loans and leases to core deposits
154.39%Equity capital to assets
9.05%Core capital (leverage) ratio
7.81%Tier 1 risk-based capital ratio
10.03%Total risk-based capital ratio
Memoranda
$11Average assets
$69,730Average earning assets
$6,862Average equity
$64,602Average loans
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