First Montgomery Bank in city_name, state_name - Detailed Financial Reports, Location

First Montgomery Bank in Montgomery, Alabama (AL)
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First Montgomery Bank - Overview

General
FDIC Certificate #: 22883
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Aliant Bank (#2773)
Federal Reserve ID: 511739
Date Established: June 18, 1979
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 5 (Interstate: No)
OTS Docket #: 10361
FDIC's unique #: 15994
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: June 18, 1979
Last Structure Change Effective Date: January 01, 1997
Last Structure Change Process Date: January 22, 1997
Last Data Update: January 22, 1997
Data Source Date: April 05, 2012
Location
Address: 2740 Zelda Road, Montgomery, AL 36106
County: Montgomery
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
Metropolitan Statistical Area (MSA): Montgomery, AL (#5240)
Combined Statistical Area (CSA): Montgomery-Alexander City, AL (#388)
Core Based Statistical Area (CBSA): Montgomery, AL (#33860)
CBSA Metro Statistical Area: Montgomery, AL (#33860)
Financial Summary
Total assets: $189.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$70Total assets
$189,082Cash and due from depository institutions
$23,877Interest-bearing balances
$17,036Securities
$23,013Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$136,413Loan loss allowance
$1,370Trading account assets
$0Bank premises and fixed assets
$4,009Other real estate owned
$71Goodwill and other intangibles
$1,699Life insurance assets
$0All other assets
$0Total liabilities and capital
$189,082Total liabilities
$174,201Total deposits
$167,849Interest-bearing deposits
$136,439Deposits held in domestic offices
167849.00%% insured (estimated)
$76Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$5,150Subordinated debt
$0All other liabilities
$1,202Total equity capital
$1,202Total bank equity capital
$14,881Perpetual preferred stock
$0Common stock
$400Surplus
$4,300Undivided profits
Memoranda
$10,181Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$212Income earned, not collected on loans
$1,210Earning assets
$176,462Long-term assets (5+ years)
$17,109Average Assets, year-to-date
$181,225Average Assets, quarterly
$185,200Volatile liabilities
$22,835Insider loans
$4,226FHLB advances
$0Loans and leases held for sale
$1,357Unused loan commitments
$22,267Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$14,864Total risk weighted assets
$138,293Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$14,916Total interest expense
$7,228Net interest income
$7,688Provision for loan and lease losses
$142Total noninterest income
$1,298Fiduciary activities
$0Service charges on deposit accounts
$802Trading account gains & fees
$0Additional noninterest income
$496Total noninterest expense
$4,801Salaries and employee benefits
$2,480Premises and equipment expense
$462Additional noninterest expense
$1,859Pre-tax net operating income
$4,043Securities gains (losses)
$3Applicable income taxes
$1,376Income before extraordinary items
$2,670Extraordinary gains - net
$0Net income attributable to bank
$2,670Net charge-offs
$6Cash dividends
$1,775Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.85%Cost of funding earning assets
4.29%Net interest margin
4.56%Noninterest income to earning assets
0.77%Noninterest expense to earning assets
2.85%Net operating income to assets
1.47%Return on assets (ROA)
1.47%Pretax return on assets
2.23%Return on equity (ROE)
18.82%Retained earnings to average equity (YTD only)
6.31%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
2366.67%Efficiency ratio
53,428Assets per employee
2.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
66.48%Loss allowance to loans
0.99%Loss allowance to noncurrent loans
646.23%Noncurrent assets plus other real estate owned to assets
0.15%Noncurrent loans to loans
0.15%Net loans and leases to deposits
81.27%Net loans and leases to core deposits
92.69%Equity capital to assets
7.87%Core capital (leverage) ratio
8.07%Tier 1 risk-based capital ratio
10.75%Total risk-based capital ratio
Memoranda
$12Average assets
$181,225Average earning assets
$14,190Average equity
$168,602Average loans

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

First Montgomery Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

Comment about this bank, ask questions, or add new information about it:

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

First Montgomery Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

Comment about this bank, ask questions, or add new information about it:

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