First National Bank of Eastern Arkansas in Forrest City, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches


First National Bank of Eastern Arkansas - Overview

  • General
  • FDIC Certificate #: 3863
    Status: Active
    Federal Reserve ID: 251745
    Bank Holding Company (Regulatory Top Holder): Bancshares Of Eastern Arkansas, Inc. (RSSDID: 1099449, Location: Forrest City, AR)
    Date Established: November 01, 1886
    WWW: http://www.fnbea.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 14 (Domestic: 14, Interstate: No)
    FDIC's unique #: 2518
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    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: 101 North Washington Street, Forrest City, AR 72335
    County: St. Francis
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Memphis
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Core Based Statistical Area (CBSA): Forrest City, AR (#22620)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $355.0 mil
    Equity capital: $39.1 mil
    Deposits held in domestic offices: $314.3 mil
    Return on assets (ROA): 0.95% ($3.4 mil)
    Quarterly return on assets: 1.02% ($3.6 mil)
    Return on Equity (ROE): 8.71% ($3.4 mil)
    Quarterly return on equity: 9.08% ($3.5 mil)
    Net income: $3.2 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 0.95% ($3,372.6 mil)
    Quarterly Pretax return on assets: 1.02% ($3,621.1 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, 2011)

  • Dollar figures in thousands
  • 107Total employees (full-time equivalent)
  • $355,009Total assets
  • $95,311Cash and due from depository institutions
  • $82,059Interest-bearing balances
  • $139,080Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $108,904Net loans & leases
  • $2,339Loan loss allowance
  • $0Trading account assets
  • $7,056Bank premises and fixed assets
  • $92Other real estate owned
  • $714Goodwill and other intangibles
  • $355,009Life insurance assets
  • $3,852All other assets
  • $315,873Total liabilities and capital
  • $314,315Total liabilities
  • $221,709Total deposits
  • $314,315Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,558Subordinated debt
  • $39,136All other liabilities
  • $39,136Total equity capital
  • $39,136Total bank equity capital
  • $0Perpetual preferred stock
  • $1,250Common stock
  • $2,250Surplus
  • $35,636Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,589Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $873Income earned, not collected on loans
  • $0Earning assets
  • $2,400Long-term assets (5+ years)
  • $330,043Average Assets, year-to-date
  • $42,168Average Assets, quarterly
  • $338,677Volatile liabilities
  • $344,484Insider loans
  • $140,208FHLB advances
  • $340,912Loans and leases held for sale
  • $383Unused loan commitments
  • $261Tier 1 (core) risk-based capital
  • $35,894Tier 2 risk-based capital
  • $122Total risk weighted assets
  • $0Total unused commitments
  • $15,351Restructured Loans and leases
  • $4,864Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,140Total interest income
  • $1,637Total interest expense
  • $9,503Net interest income
  • $300Provision for loan and lease losses
  • $2,499Total noninterest income
  • $37Fiduciary activities
  • $1,458Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,004Additional noninterest income
  • $8,479Total noninterest expense
  • $4,892Salaries and employee benefits
  • $1,444Premises and equipment expense
  • $2,143Additional noninterest expense
  • $3,223Pre-tax net operating income
  • $8Securities gains (losses)
  • $0Applicable income taxes
  • $3,231Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,231Net income attributable to bank
  • $0Net charge-offs
  • $3,231Cash dividends
  • $166Sale, conversion, retirement of capital stock, net
  • $1,589Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.56%Yield on earning assets
  • 0.52%Cost of funding earning assets
  • 3.04%Net interest margin
  • 0.80%Noninterest income to earning assets
  • 2.71%Noninterest expense to earning assets
  • 0.95%Net operating income to assets
  • 0.95%Return on assets (ROA)
  • 0.95%Pretax return on assets
  • 8.71%Return on equity (ROE)
  • 4.42%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 180.72%Credit loss provision to net charge-offs
  • 21.22%Efficiency ratio
  • 69,938Assets per employee
  • 3.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 49.18%Loss allowance to loans
  • 2.10%Loss allowance to noncurrent loans
  • 267.93%Noncurrent assets plus other real estate owned to assets
  • 0.27%Noncurrent loans to loans
  • 0.78%Net loans and leases to deposits
  • 34.65%Net loans and leases to core deposits
  • 36.32%Equity capital to assets
  • 11.02%Core capital (leverage) ratio
  • 10.53%Tier 1 risk-based capital ratio
  • 25.60%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $338,677Average earning assets
  • $37,109Average equity
  • $312,535Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $28,300Managed Assets
  • 1Number of Accounts
  • $26,126Personal trust and agency accounts
  • $10,316Employee benefit-defined contribution accounts
  • $15,810Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 53Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $2,174Other retirement accounts
  • $129Corporate trust and agency accounts
  • $984Other fiduciary accounts
  • $1,061Fiduciary accounts held in foreign offices

List of branches

  • 14 Arkansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02518First National Bank Of Eastern Arkan101 North Washington Street, Forrest City, AR 72335November 01, 1886Full Service Brick and Mortar
    1202022North Washington Branch2217 North Washington Street, Forrest City, AR 72335May 03, 1965Full Service Brick and Mortar
    2202023Palestine BranchOld Highway 70 And Slonikers Mill Road, Palestine, AR 72372October 01, 1966Full Service Brick and Mortar
    3202024Izard Street Branch123 North Izard Street, Forrest City, AR 72335July 25, 1969Full Service Brick and Mortar
    4202025Colt BranchHighways 1 And 306, Colt, AR 72326October 17, 1979Full Service Brick and Mortar
    58410Wheatley BranchSecond Street, Wheatley, AR 72392September 12, 1909Full Service Brick and Mortar
    610113Marianna Branch48 South Poplar Street, Marianna, AR 72360January 30, 1942Full Service Brick and Mortar
    841906Wynne Branch363 East Union, Wynne, AR 72396July 01, 1934Full Service Brick and Mortar
    9202026Hughes Branch103 First Street North, Hughes, AR 72348September 15, 1997Full Service Brick and Mortar
    10202027Holly Grove Branch400 Elm St, Holly Grove, AR 72069April 28, 1999Full Service Brick and Mortar
    11189287Earle Branch1146 Barton Street, Earle, AR 72331January 11, 1996Full Service Brick and Mortar
    12189289Marion Branch1381 Highway 64, Marion, AR 72364October 28, 1998Full Service Brick and Mortar
    13364677Barton Branch6011 Highway 49, West Helena, AR 72390October 29, 2001Full Service Brick and Mortar
    15493037Osceola Branch Of First National Ban1460 West Keiser Avenue, Osceola, AR 72370Febuary 17, 2009Full Service Brick and Mortar

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