First National Bank of Baldwin County in Foley, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • First National Bank of Baldwin County in Foley, Alabama (AL)
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First National Bank of Baldwin County - Overview

  • General
  • FDIC Certificate #: 57181
    Status: Active
    Federal Reserve ID: 3077937
    Bank Holding Company (Regulatory Top Holder): First Baldwin Bancshares, Inc. (RSSDID: 3466371, Location: Foley, AL)
    Date Established: December 28, 2001
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 359048
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 28, 2001
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1207 North Mckenzie Street, Foley, AL 36535
    County: Baldwin
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Pensacola
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Mobile, AL (#5160)
    Combined Statistical Area (CSA): Mobile-Daphne-Fairhope, AL (#380)
    Core Based Statistical Area (CBSA): Daphne-Fairhope-Foley, AL (#19300)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $206.6 mil
    Equity capital: $5.1 mil
    Deposits held in domestic offices: $196.0 mil
    Return on assets (ROA): -1.99% (-$4.1 mil)
    Quarterly return on assets: -0.61% (-$1.3 mil)
    Return on Equity (ROE): -64.55% (-$3.2 mil)
    Quarterly return on equity: -23.71% (-$1.2 mil)
    Net income: -$4.4 mil
    Quarterly Net income: -$0.3 mil
    Pretax return on assets: -1.99% (-$4,111.3 mil)
    Quarterly Pretax return on assets: -0.61% (-$1,260.2 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, 2011)

  • Dollar figures in thousands
  • 58Total employees (full-time equivalent)
  • $206,596Total assets
  • $28,874Cash and due from depository institutions
  • $24,418Interest-bearing balances
  • $4,411Securities
  • $1,575Federal funds sold & reverse repurchase agreements
  • $151,174Net loans & leases
  • $3,703Loan loss allowance
  • $0Trading account assets
  • $12,900Bank premises and fixed assets
  • $5,651Other real estate owned
  • $0Goodwill and other intangibles
  • $206,596Life insurance assets
  • $2,011All other assets
  • $201,465Total liabilities and capital
  • $195,992Total liabilities
  • $156,620Total deposits
  • $195,992Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $473Subordinated debt
  • $5,131All other liabilities
  • $5,131Total equity capital
  • $5,131Total bank equity capital
  • $0Perpetual preferred stock
  • $1,475Common stock
  • $26,356Surplus
  • $-22,700Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $894Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,342Income earned, not collected on loans
  • $0Earning assets
  • $519Long-term assets (5+ years)
  • $181,578Average Assets, year-to-date
  • $30,188Average Assets, quarterly
  • $223,068Volatile liabilities
  • $206,915Insider loans
  • $145,810FHLB advances
  • $209,030Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,101Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $23,411Restructured Loans and leases
  • $4,922Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,525Total interest income
  • $2,315Total interest expense
  • $6,210Net interest income
  • $977Provision for loan and lease losses
  • -$2,196Total noninterest income
  • $0Fiduciary activities
  • $335Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$2,531Additional noninterest income
  • $7,593Total noninterest expense
  • $3,361Salaries and employee benefits
  • $1,274Premises and equipment expense
  • $2,958Additional noninterest expense
  • -$4,556Pre-tax net operating income
  • $115Securities gains (losses)
  • $0Applicable income taxes
  • -$4,441Income before extraordinary items
  • $0Extraordinary gains - net
  • -$4,441Net income attributable to bank
  • $0Net charge-offs
  • -$4,441Cash dividends
  • $2,689Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.37%Yield on earning assets
  • 1.19%Cost of funding earning assets
  • 3.18%Net interest margin
  • -1.13%Noninterest income to earning assets
  • 3.89%Noninterest expense to earning assets
  • -2.04%Net operating income to assets
  • -1.99%Return on assets (ROA)
  • -1.99%Pretax return on assets
  • -64.55%Return on equity (ROE)
  • -64.55%Retained earnings to average equity (YTD only)
  • 1.65%Net charge-offs to loans
  • 36.33%Credit loss provision to net charge-offs
  • -1.33%Efficiency ratio
  • 189,163Assets per employee
  • 3.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.39%Loss allowance to noncurrent loans
  • 158.11%Noncurrent assets plus other real estate owned to assets
  • 3.87%Noncurrent loans to loans
  • 1.51%Net loans and leases to deposits
  • 77.13%Net loans and leases to core deposits
  • 82.83%Equity capital to assets
  • 2.48%Core capital (leverage) ratio
  • 2.44%Tier 1 risk-based capital ratio
  • 3.50%Total risk-based capital ratio
  • Memoranda
  • $5Average assets
  • $223,068Average earning assets
  • $6,880Average equity
  • $195,125Average loans

List of branches

  • 5 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0359048First National Bank Of Baldwin Count1207 North Mckenzie Street, Foley, AL 36535December 28, 2001Full Service Brick and Mortar
    1364335Gulf Shores Branch205 East 20th Avenue, Gulf Shores, AL 36542May 31, 2002Full Service Brick and Mortar
    2418587Fairhope Branch408 Fairhope Avenue, Fairhope, AL 36532March 26, 2003Full Service Brick and Mortar
    3462229Orange Beach Branch25556 Canal Road, Orange Beach, AL 36561July 05, 2006Full Service Brick and Mortar
    4476646Daphne Branch1415 Highway 98, Daphne, AL 36526December 17, 2007Full Service Brick and Mortar

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