First-Columbus National Bank in Columbus, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 11, 1994

  • First-Columbus National Bank in Columbus, Mississippi (MS)
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First-Columbus National Bank - Overview

  • General
  • FDIC Certificate #: 5000
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Deposit Guaranty National Bank (#9784)
    Federal Reserve ID: 138640
    Date Established: Febuary 14, 1852
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 6 (Interstate: No)
    FDIC's unique #: 3337
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 11, 1994
    Last Structure Change Process Date: November 17, 1994
    Last Data Update: November 17, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 710 Main Street, Columbus, MS 39701
    County: Lowndes
    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
    Combined Statistical Area (CSA): Columbus-West Point, MS (#200)
    Core Based Statistical Area (CBSA): Columbus, MS (#18060)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $218.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $113Total assets
  • $209,193Cash and due from depository institutions
  • $19,829Interest-bearing balances
  • $13,147Securities
  • $82,838Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $99,098Loan loss allowance
  • $1,082Trading account assets
  • $0Bank premises and fixed assets
  • $3,172Other real estate owned
  • $385Goodwill and other intangibles
  • $3,871Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $209,193Total liabilities
  • $186,085Total deposits
  • $173,103Interest-bearing deposits
  • $136,693Deposits held in domestic offices
  • 173103.00%% insured (estimated)
  • $78Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $11,441Subordinated debt
  • $0All other liabilities
  • $1,541Total equity capital
  • $1,541Total bank equity capital
  • $23,108Perpetual preferred stock
  • $0Common stock
  • $1,200Surplus
  • $14,900Undivided profits
  • Memoranda
  • $7,008Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,769Income earned, not collected on loans
  • $858Earning assets
  • $195,083Long-term assets (5+ years)
  • $61,157Average Assets, year-to-date
  • $206,059Average Assets, quarterly
  • $206,726Volatile liabilities
  • $40,203Insider loans
  • $4,418FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $9,327Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $23,108Total risk weighted assets
  • $117,192Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $13,079Total interest expense
  • $4,742Net interest income
  • $8,337Provision for loan and lease losses
  • $489Total noninterest income
  • $2,423Fiduciary activities
  • $348Service charges on deposit accounts
  • $1,530Trading account gains & fees
  • $0Additional noninterest income
  • $545Total noninterest expense
  • $6,812Salaries and employee benefits
  • $3,573Premises and equipment expense
  • $955Additional noninterest expense
  • $2,284Pre-tax net operating income
  • $3,459Securities gains (losses)
  • $13Applicable income taxes
  • $768Income before extraordinary items
  • $2,704Extraordinary gains - net
  • $31Net income attributable to bank
  • $2,735Net charge-offs
  • $666Cash dividends
  • $1,452Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.91%Cost of funding earning assets
  • 2.50%Net interest margin
  • 4.40%Noninterest income to earning assets
  • 1.28%Noninterest expense to earning assets
  • 3.60%Net operating income to assets
  • 1.31%Return on assets (ROA)
  • 1.33%Pretax return on assets
  • 1.70%Return on equity (ROE)
  • 12.08%Retained earnings to average equity (YTD only)
  • 5.67%Net charge-offs to loans
  • 0.67%Credit loss provision to net charge-offs
  • 73.42%Efficiency ratio
  • 63,309Assets per employee
  • 1.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 53.09%Loss allowance to loans
  • 1.08%Loss allowance to noncurrent loans
  • 61.16%Noncurrent assets plus other real estate owned to assets
  • 1.03%Noncurrent loans to loans
  • 1.77%Net loans and leases to deposits
  • 57.25%Net loans and leases to core deposits
  • 68.66%Equity capital to assets
  • 11.05%Core capital (leverage) ratio
  • 11.31%Tier 1 risk-based capital ratio
  • 19.72%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $206,059Average earning assets
  • $22,646Average equity
  • $189,394Average loans

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