First National Bank in Searcy, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 20, 1998

  • First National Bank in Searcy, Arkansas (AR)
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First National Bank - Overview

  • General
  • FDIC Certificate #: 15944
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank (#12368)
    Federal Reserve ID: 934749
    Date Established: January 01, 1904
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Interstate: No)
    FDIC's unique #: 10175
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: May 01, 1943
    Last Structure Change Effective Date: November 20, 1998
    Last Structure Change Process Date: Febuary 03, 1999
    Last Data Update: Febuary 03, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 West Race Street, Searcy, AR 72143
    County: White
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Combined Statistical Area (CSA): Little Rock-North Little Rock-Pine Bluff, AR (#340)
    Core Based Statistical Area (CBSA): Searcy, AR (#42620)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $279.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 96Total employees (full-time equivalent)
  • $300,984Total assets
  • $11,321Cash and due from depository institutions
  • $1,304Interest-bearing balances
  • $109,367Securities
  • $18,229Federal funds sold & reverse repurchase agreements
  • $155,076Net loans & leases
  • $2,258Loan loss allowance
  • $0Trading account assets
  • $3,328Bank premises and fixed assets
  • $120Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,543All other assets
  • $300,984Total liabilities and capital
  • $264,591Total liabilities
  • $262,957Total deposits
  • $233,139Interest-bearing deposits
  • $262,957Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $166Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,468All other liabilities
  • $36,393Total equity capital
  • $36,393Total bank equity capital
  • $36,393Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $2,500Undivided profits
  • Memoranda
  • $32,893Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,330Earning assets
  • $16Long-term assets (5+ years)
  • $1,601Average Assets, year-to-date
  • $283,976Average Assets, quarterly
  • $29,953Volatile liabilities
  • $330,654Insider loans
  • $322,719FHLB advances
  • $37,918Loans and leases held for sale
  • $2,687Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $991Total risk weighted assets
  • $14,716Total unused commitments
  • $0Restructured Loans and leases
  • $171,315Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $24,527Total interest income
  • $12,639Total interest expense
  • $11,888Net interest income
  • $1,470Provision for loan and lease losses
  • $1,509Total noninterest income
  • $77Fiduciary activities
  • $1,107Service charges on deposit accounts
  • $0Trading account gains & fees
  • $325Additional noninterest income
  • $5,688Total noninterest expense
  • $2,884Salaries and employee benefits
  • $925Premises and equipment expense
  • $1,879Additional noninterest expense
  • $6,239Pre-tax net operating income
  • $17Securities gains (losses)
  • $1,738Applicable income taxes
  • $4,518Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,518Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $323Sale, conversion, retirement of capital stock, net
  • $791Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.88%Yield on earning assets
  • 4.06%Cost of funding earning assets
  • 3.82%Net interest margin
  • 0.49%Noninterest income to earning assets
  • 1.83%Noninterest expense to earning assets
  • 1.36%Net operating income to assets
  • 1.37%Return on assets (ROA)
  • 1.89%Pretax return on assets
  • 12.88%Return on equity (ROE)
  • 10.63%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 455.11%Credit loss provision to net charge-offs
  • 23.87%Efficiency ratio
  • 42,457Assets per employee
  • 3.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 17.51%Loss allowance to loans
  • 1.44%Loss allowance to noncurrent loans
  • 169.77%Noncurrent assets plus other real estate owned to assets
  • 0.48%Noncurrent loans to loans
  • 0.85%Net loans and leases to deposits
  • 58.97%Net loans and leases to core deposits
  • 68.86%Equity capital to assets
  • 12.09%Core capital (leverage) ratio
  • 12.75%Tier 1 risk-based capital ratio
  • 21.24%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $330,654Average earning assets
  • $35,067Average equity
  • $311,086Average loans

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