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

This bank is inactive as of June 04, 2010

  • First National Bank in Rosedale, Mississippi (MS)
  • Show street view No street view available for this location

First National Bank - Overview

  • General
  • FDIC Certificate #: 15814
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: The Jefferson Bank (#11445)
    Federal Reserve ID: 85043
    Date Established: March 13, 1907
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 10058
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: April 30, 1941
    Last Structure Change Effective Date: June 04, 2010
    Last Structure Change Process Date: June 07, 2010
    Last Data Update: June 07, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Rosedale, MS 38769
    County: Bolivar
    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
    Core Based Statistical Area (CBSA): Cleveland, MS (#17380)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $60.4 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
  • 14Total employees (full-time equivalent)
  • $75,917Total assets
  • $2,685Cash and due from depository institutions
  • $0Interest-bearing balances
  • $3,374Securities
  • $1,200Federal funds sold & reverse repurchase agreements
  • $63,057Net loans & leases
  • $546Loan loss allowance
  • $0Trading account assets
  • $411Bank premises and fixed assets
  • $894Other real estate owned
  • $0Goodwill and other intangibles
  • $69Life insurance assets
  • $4,296All other assets
  • $75,917Total liabilities and capital
  • $65,573Total liabilities
  • $65,362Total deposits
  • $56,632Interest-bearing deposits
  • $65,362Deposits held in domestic offices
  • 91.93%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $211All other liabilities
  • $10,344Total equity capital
  • $10,344Total bank equity capital
  • $10,344Perpetual preferred stock
  • $0Common stock
  • $303Surplus
  • $1,207Undivided profits
  • Memoranda
  • $8,834Noncurrent loans and leases
  • $16,309Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $226Earning assets
  • $0Long-term assets (5+ years)
  • $3,510Average Assets, year-to-date
  • $67,631Average Assets, quarterly
  • $479Volatile liabilities
  • $73,697Insider loans
  • $80,975FHLB advances
  • $31,028Loans and leases held for sale
  • $227Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $16,309Total unused commitments
  • $0Restructured Loans and leases
  • $546Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $7,887Total interest income
  • $1,548Total interest expense
  • $6,339Net interest income
  • $1,144Provision for loan and lease losses
  • $389Total noninterest income
  • $0Fiduciary activities
  • $86Service charges on deposit accounts
  • $0Trading account gains & fees
  • $303Additional noninterest income
  • $3,278Total noninterest expense
  • $2,056Salaries and employee benefits
  • $250Premises and equipment expense
  • $972Additional noninterest expense
  • $2,306Pre-tax net operating income
  • $0Securities gains (losses)
  • $893Applicable income taxes
  • $1,413Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,413Net income attributable to bank
  • $0Net charge-offs
  • $1,413Cash dividends
  • $1,172Sale, conversion, retirement of capital stock, net
  • $227Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 11.72%Yield on earning assets
  • 2.30%Cost of funding earning assets
  • 9.42%Net interest margin
  • 0.58%Noninterest income to earning assets
  • 4.87%Noninterest expense to earning assets
  • 1.92%Net operating income to assets
  • 1.92%Return on assets (ROA)
  • 3.13%Pretax return on assets
  • 14.31%Return on equity (ROE)
  • 12.01%Retained earnings to average equity (YTD only)
  • 1.88%Net charge-offs to loans
  • 97.61%Credit loss provision to net charge-offs
  • 2.94%Efficiency ratio
  • 48,722Assets per employee
  • 5.42%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 16.07%Loss allowance to loans
  • 0.86%Loss allowance to noncurrent loans
  • 241.59%Noncurrent assets plus other real estate owned to assets
  • 1.48%Noncurrent loans to loans
  • 0.36%Net loans and leases to deposits
  • 96.47%Net loans and leases to core deposits
  • 183.66%Equity capital to assets
  • 13.63%Core capital (leverage) ratio
  • 12.69%Tier 1 risk-based capital ratio
  • 15.74%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $73,697Average earning assets
  • $9,876Average equity
  • $67,289Average loans

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