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

This bank is inactive as of June 01, 2010

  • First Commercial Bank of Huntsville in Huntsville, Alabama (AL)
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First Commercial Bank of Huntsville - Overview

  • General
  • FDIC Certificate #: 25645
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Synovus Bank (#873)
    Federal Reserve ID: 130635
    Date Established: September 24, 1984
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Interstate: No)
    OTS Docket #: 13755
    FDIC's unique #: 17550
    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: September 24, 1984
    Last Structure Change Effective Date: June 01, 2010
    Last Structure Change Process Date: June 14, 2010
    Last Data Update: June 14, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 Washington Street, Huntsville, AL 35801
    County: Madison
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Shelby
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Huntsville, AL (#3440)
    Combined Statistical Area (CSA): Huntsville-Decatur, AL (#290)
    Core Based Statistical Area (CBSA): Huntsville, AL (#26620)
    CBSA Metro Statistical Area: Huntsville, AL (#26620)
  • Financial Summary
  • Total assets: $742.8 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, 2009)

  • Dollar figures in thousands
  • 85Total employees (full-time equivalent)
  • $727,872Total assets
  • $87,347Cash and due from depository institutions
  • $80,021Interest-bearing balances
  • $71,930Securities
  • $26,927Federal funds sold & reverse repurchase agreements
  • $511,212Net loans & leases
  • $14,103Loan loss allowance
  • $0Trading account assets
  • $14,180Bank premises and fixed assets
  • $2,434Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $13,842All other assets
  • $727,872Total liabilities and capital
  • $668,148Total liabilities
  • $616,155Total deposits
  • $536,099Interest-bearing deposits
  • $616,155Deposits held in domestic offices
  • 60.83%% insured (estimated)
  • $60Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $50,000Other borrowed funds
  • $0Subordinated debt
  • $1,933All other liabilities
  • $59,724Total equity capital
  • $59,724Total bank equity capital
  • $59,724Perpetual preferred stock
  • $0Common stock
  • $150Surplus
  • $24,137Undivided profits
  • Memoranda
  • $35,437Noncurrent loans and leases
  • $174,994Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $11,903Earning assets
  • $0Long-term assets (5+ years)
  • $2,408Average Assets, year-to-date
  • $690,090Average Assets, quarterly
  • $80,968Volatile liabilities
  • $685,622Insider loans
  • $720,272FHLB advances
  • $162,635Loans and leases held for sale
  • $26,747Unused loan commitments
  • $50,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $174,994Total unused commitments
  • $0Restructured Loans and leases
  • $7,588Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $32,917Total interest income
  • $8,263Total interest expense
  • $24,654Net interest income
  • $6,219Provision for loan and lease losses
  • $3,725Total noninterest income
  • $0Fiduciary activities
  • $1,696Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,029Additional noninterest income
  • $13,070Total noninterest expense
  • $6,230Salaries and employee benefits
  • $1,208Premises and equipment expense
  • $5,632Additional noninterest expense
  • $9,090Pre-tax net operating income
  • $499Securities gains (losses)
  • $3,630Applicable income taxes
  • $5,959Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,959Net income attributable to bank
  • $0Net charge-offs
  • $5,959Cash dividends
  • $1,869Sale, conversion, retirement of capital stock, net
  • $6,834Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.06%Yield on earning assets
  • 1.27%Cost of funding earning assets
  • 3.79%Net interest margin
  • 0.57%Noninterest income to earning assets
  • 2.01%Noninterest expense to earning assets
  • 0.82%Net operating income to assets
  • 0.87%Return on assets (ROA)
  • 1.40%Pretax return on assets
  • 9.75%Return on equity (ROE)
  • -1.43%Retained earnings to average equity (YTD only)
  • 0.35%Net charge-offs to loans
  • 332.74%Credit loss provision to net charge-offs
  • 8.19%Efficiency ratio
  • 46,055Assets per employee
  • 8.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 114.68%Loss allowance to loans
  • 2.68%Loss allowance to noncurrent loans
  • 118.48%Noncurrent assets plus other real estate owned to assets
  • 1.97%Noncurrent loans to loans
  • 2.27%Net loans and leases to deposits
  • 82.97%Net loans and leases to core deposits
  • 104.63%Equity capital to assets
  • 8.21%Core capital (leverage) ratio
  • 8.21%Tier 1 risk-based capital ratio
  • 9.69%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $685,622Average earning assets
  • $61,092Average equity
  • $651,101Average loans

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