First Bank of Linden in Linden, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches


First Bank of Linden - Overview

  • General
  • FDIC Certificate #: 15695
    Status: Active
    Federal Reserve ID: 478430
    Bank Holding Company (Regulatory Top Holder): First Linden Bancshares, Inc. (RSSDID: 2059954, Location: Linden, AL)
    Date Established: May 07, 1904
    WWW: http://www.firstbanklinden.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 9963
    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: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 114 East Coats Avenue, Linden, AL 36748
    County: Marengo
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Montgomery
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $81.3 mil
    Equity capital: $11.3 mil
    Deposits held in domestic offices: $69.4 mil
    Return on assets (ROA): 0.90% ($0.7 mil)
    Quarterly return on assets: 0.58% ($0.5 mil)
    Return on Equity (ROE): 6.77% ($0.7 mil)
    Quarterly return on equity: 4.24% ($0.5 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.95% ($772.0 mil)
    Quarterly Pretax return on assets: 0.60% ($487.6 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
  • 19Total employees (full-time equivalent)
  • $81,267Total assets
  • $6,722Cash and due from depository institutions
  • $0Interest-bearing balances
  • $27,460Securities
  • $8,852Federal funds sold & reverse repurchase agreements
  • $36,197Net loans & leases
  • $478Loan loss allowance
  • $0Trading account assets
  • $664Bank premises and fixed assets
  • $320Other real estate owned
  • $0Goodwill and other intangibles
  • $81,267Life insurance assets
  • $1,052All other assets
  • $69,984Total liabilities and capital
  • $69,371Total liabilities
  • $60,603Total deposits
  • $69,371Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $613Subordinated debt
  • $11,283All other liabilities
  • $11,283Total equity capital
  • $11,283Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $600Surplus
  • $10,083Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $77Income earned, not collected on loans
  • $0Earning assets
  • $812Long-term assets (5+ years)
  • $72,509Average Assets, year-to-date
  • $5,492Average Assets, quarterly
  • $81,573Volatile liabilities
  • $82,089Insider loans
  • $47,753FHLB advances
  • $82,791Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,586Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,965Restructured Loans and leases
  • $1,114Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,689Total interest income
  • $820Total interest expense
  • $2,869Net interest income
  • $167Provision for loan and lease losses
  • $317Total noninterest income
  • $0Fiduciary activities
  • $244Service charges on deposit accounts
  • $0Trading account gains & fees
  • $73Additional noninterest income
  • $2,377Total noninterest expense
  • $1,186Salaries and employee benefits
  • $89Premises and equipment expense
  • $1,102Additional noninterest expense
  • $642Pre-tax net operating income
  • $129Securities gains (losses)
  • $37Applicable income taxes
  • $734Income before extraordinary items
  • $0Extraordinary gains - net
  • $734Net income attributable to bank
  • $0Net charge-offs
  • $734Cash dividends
  • $27Sale, conversion, retirement of capital stock, net
  • $348Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.13%Yield on earning assets
  • 1.14%Cost of funding earning assets
  • 3.99%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 3.30%Noninterest expense to earning assets
  • 0.75%Net operating income to assets
  • 0.90%Return on assets (ROA)
  • 0.95%Pretax return on assets
  • 6.77%Return on equity (ROE)
  • 3.56%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 618.52%Credit loss provision to net charge-offs
  • 29.96%Efficiency ratio
  • 74,608Assets per employee
  • 4.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 47.41%Loss allowance to loans
  • 1.30%Loss allowance to noncurrent loans
  • 620.78%Noncurrent assets plus other real estate owned to assets
  • 0.49%Noncurrent loans to loans
  • 0.21%Net loans and leases to deposits
  • 52.18%Net loans and leases to core deposits
  • 59.88%Equity capital to assets
  • 13.88%Core capital (leverage) ratio
  • 12.79%Tier 1 risk-based capital ratio
  • 22.17%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $81,573Average earning assets
  • $10,841Average equity
  • $71,947Average loans

List of branches

  • 1 Alabama Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09963First Bank Of Linden114 East Coats Avenue, Linden, AL 36748May 07, 1904Full Service Brick and Mortar

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