First Bank of Arkansas in Trumann, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 01, 1995

  • First Bank of Arkansas in Trumann, Arkansas (AR)
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First Bank of Arkansas - Overview

  • General
  • FDIC Certificate #: 17119
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Bank of Arkansas (#18639)
    Federal Reserve ID: 744247
    Date Established: July 01, 1952
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Interstate: No)
    OTS Docket #: 11012
    FDIC's unique #: 11162
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 01, 1952
    Last Structure Change Effective Date: August 01, 1995
    Last Structure Change Process Date: August 21, 1995
    Last Data Update: August 21, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 825 Highway 463 North, Trumann, AR 72472
    County: Poinsett
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Memphis
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Combined Statistical Area (CSA): Jonesboro-Paragould, AR (#308)
    Core Based Statistical Area (CBSA): Jonesboro, AR (#27860)
    CBSA Metro Statistical Area: Jonesboro, AR (#27860)
  • Financial Summary
  • Total assets: $58.0 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $18Total assets
  • $56,241Cash and due from depository institutions
  • $2,372Interest-bearing balances
  • $19Securities
  • $13,838Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $38,100Loan loss allowance
  • $567Trading account assets
  • $0Bank premises and fixed assets
  • $835Other real estate owned
  • $0Goodwill and other intangibles
  • $779Life insurance assets
  • $317All other assets
  • $0Total liabilities and capital
  • $56,241Total liabilities
  • $51,657Total deposits
  • $51,294Interest-bearing deposits
  • $47,407Deposits held in domestic offices
  • 51294.00%% insured (estimated)
  • $86Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $363Total equity capital
  • $363Total bank equity capital
  • $4,584Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $2,795Undivided profits
  • Memoranda
  • $1,689Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $31Income earned, not collected on loans
  • $403Earning assets
  • $51,957Long-term assets (5+ years)
  • $4,267Average Assets, year-to-date
  • $53,789Average Assets, quarterly
  • $55,111Volatile liabilities
  • $11,839Insider loans
  • $189FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,811Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,413Total risk weighted assets
  • $41,717Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,583Total interest expense
  • $1,842Net interest income
  • $1,741Provision for loan and lease losses
  • $0Total noninterest income
  • $142Fiduciary activities
  • $0Service charges on deposit accounts
  • $107Trading account gains & fees
  • $0Additional noninterest income
  • $35Total noninterest expense
  • $1,004Salaries and employee benefits
  • $443Premises and equipment expense
  • $147Additional noninterest expense
  • $414Pre-tax net operating income
  • $879Securities gains (losses)
  • $0Applicable income taxes
  • $309Income before extraordinary items
  • $570Extraordinary gains - net
  • $0Net income attributable to bank
  • $570Net charge-offs
  • $19Cash dividends
  • $0Sale, 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
  • 7.13%Cost of funding earning assets
  • 3.67%Net interest margin
  • 3.46%Noninterest income to earning assets
  • 0.28%Noninterest expense to earning assets
  • 2.00%Net operating income to assets
  • 1.06%Return on assets (ROA)
  • 1.06%Pretax return on assets
  • 1.63%Return on equity (ROE)
  • 13.02%Retained earnings to average equity (YTD only)
  • 13.02%Net charge-offs to loans
  • 0.05%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 51,620Assets per employee
  • 3.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.47%Loss allowance to noncurrent loans
  • 1829.03%Noncurrent assets plus other real estate owned to assets
  • 0.06%Noncurrent loans to loans
  • 0.08%Net loans and leases to deposits
  • 74.28%Net loans and leases to core deposits
  • 96.57%Equity capital to assets
  • 8.15%Core capital (leverage) ratio
  • 8.05%Tier 1 risk-based capital ratio
  • 10.58%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $53,789Average earning assets
  • $4,378Average equity
  • $50,253Average loans

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