First Bank of Linden in Linden, Alabama (AL)

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First Bank of Linden routing number info

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First Bank of Linden
GeneralFDIC 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
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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)19
Total assets$81,267
Cash and due from depository institutions$6,722
Interest-bearing balances$0
Federal funds sold & reverse repurchase agreements$8,852
Net loans & leases$36,197
Loan loss allowance $478
Trading account assets$0
Bank premises and fixed assets$664
Other real estate owned$320
Goodwill and other intangibles$0
All other assets$1,052
Life insurance assets$81,267
Total liabilities and capital$69,984
Total liabilities$69,371
Total deposits$60,603
Interest-bearing deposits$69,371
Deposits held in domestic offices$93
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $613
All other liabilities $11,283
Total equity capital$11,283
Total bank equity capital$11,283
Perpetual preferred stock$0
Common stock$600
Undivided profits $10,083
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $77
Earning assets $0
Long-term assets (5+ years) $812
Average Assets, year-to-date $72,509
Average Assets, quarterly $5,492
Volatile liabilities $81,573
Insider loans $82,089
FHLB advances $47,753
Loans and leases held for sale $82,791
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $10,586
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $3,965
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,689
Total interest expense $820
Net interest income $2,869
Provision for loan and lease losses $167
Total noninterest income $317
Fiduciary activities $0
Service charges on deposit accounts $244
Trading account gains & fees $0
Additional noninterest income $73
Total noninterest expense $2,377
Salaries and employee benefits $1,186
Premises and equipment expense $89
Additional noninterest expense $1,102
Pre-tax net operating income $642
Securities gains (losses) $129
Applicable income taxes $37
Income before extraordinary items $734
Extraordinary gains - net $0
Net income attributable to bank $734
Net charge-offs $0
Cash dividends $734
Sale, conversion, retirement of capital stock, net $27
Net operating income $348
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.13%
Cost of funding earning assets 1.14%
Net interest margin 3.99%
Noninterest income to earning assets 0.44%
Noninterest expense to earning assets 3.30%
Net operating income to assets 0.75%
Return on assets (ROA) 0.90%
Pretax return on assets 0.95%
Return on equity (ROE) 6.77%
Retained earnings to average equity (YTD only) 3.56%
Net charge-offs to loans 0.07%
Credit loss provision to net charge-offs 618.52%
Efficiency ratio29.96%
Assets per employee$74,608
Cash dividends to net income (YTD only)4.28%
Condition Ratios (%)
Loss allowance to loans 47.41%
Loss allowance to noncurrent loans 1.30%
Noncurrent assets plus other real estate owned to assets 620.78%
Noncurrent loans to loans 0.49%
Net loans and leases to deposits0.21%
Net loans and leases to core deposits 52.18%
Equity capital to assets 59.88%
Core capital (leverage) ratio 13.88%
Tier 1 risk-based capital ratio 12.79%
Total risk-based capital ratio 22.17%
Average assets$23
Average earning assets$81,573
Average equity $10,841
Average loans $71,947
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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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