First National Bank of Picayune in city_name, state_name - Detailed Financial Reports, Location

First National Bank of Picayune in Picayune, Mississippi (MS)
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First National Bank of Picayune routing number info

First National Bank of Picayune - Overview

General
FDIC Certificate #: 16612
Status: Active
Federal Reserve ID: 568939
Bank Holding Company (Regulatory Top Holder): First National Corporation Of Picayune (RSSDID: 1083318, Location: Picayune, MS)
Date Established: July 31, 1947
WWW: http://www.fnbop.com
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: 6 (Domestic: 6, Interstate: No)
OTS Docket #: 11995
FDIC's unique #: 10754
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: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: July 31, 1947
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: 121 East Canal Street, Picayune, MS 39466
County: Pearl River
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): Picayune, MS (#38100)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $208.1 mil
Equity capital: $23.8 mil
Deposits held in domestic offices: $183.9 mil
Return on assets (ROA): 1.97% ($4.1 mil)
Quarterly return on assets: 1.13% ($2.4 mil)
Return on Equity (ROE): 17.93% ($4.3 mil)
Quarterly return on equity: 10.07% ($2.4 mil)
Net income: $4.1 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 1.97% ($4,099.5 mil)
Quarterly Pretax return on assets: 1.13% ($2,351.5 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
62Total employees (full-time equivalent)
$208,098Total assets
$11,759Cash and due from depository institutions
$8,991Interest-bearing balances
$24,540Securities
$6,300Federal funds sold & reverse repurchase agreements
$156,740Net loans & leases
$2,163Loan loss allowance
$0Trading account assets
$3,287Bank premises and fixed assets
$3,229Other real estate owned
$26Goodwill and other intangibles
$208,098Life insurance assets
$2,217All other assets
$184,281Total liabilities and capital
$183,887Total liabilities
$147,218Total deposits
$183,887Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$394Subordinated debt
$23,817All other liabilities
$23,817Total equity capital
$23,817Total bank equity capital
$0Perpetual preferred stock
$366Common stock
$5,332Surplus
$18,119Undivided profits
Memoranda
$0Noncurrent loans and leases
$230Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,228Income earned, not collected on loans
$0Earning assets
$915Long-term assets (5+ years)
$196,571Average Assets, year-to-date
$39,191Average Assets, quarterly
$209,367Volatile liabilities
$209,466Insider loans
$143,866FHLB advances
$209,193Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$23,111Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,489Restructured Loans and leases
$8,941Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$11,586Total interest income
$2,458Total interest expense
$9,128Net interest income
$837Provision for loan and lease losses
$1,855Total noninterest income
$0Fiduciary activities
$1,452Service charges on deposit accounts
$0Trading account gains & fees
$403Additional noninterest income
$6,015Total noninterest expense
$3,346Salaries and employee benefits
$590Premises and equipment expense
$2,079Additional noninterest expense
$4,131Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$4,131Income before extraordinary items
$0Extraordinary gains - net
$4,131Net income attributable to bank
$0Net charge-offs
$4,131Cash dividends
$714Sale, conversion, retirement of capital stock, net
$3,360Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.86%Yield on earning assets
1.24%Cost of funding earning assets
4.61%Net interest margin
0.94%Noninterest income to earning assets
3.04%Noninterest expense to earning assets
1.97%Net operating income to assets
1.97%Return on assets (ROA)
1.97%Pretax return on assets
17.93%Return on equity (ROE)
3.35%Retained earnings to average equity (YTD only)
0.44%Net charge-offs to loans
117.23%Credit loss provision to net charge-offs
6.96%Efficiency ratio
54,484Assets per employee
3.36%Cash dividends to net income (YTD only)
Condition Ratios (%)
81.34%Loss allowance to loans
1.36%Loss allowance to noncurrent loans
67.01%Noncurrent assets plus other real estate owned to assets
3.10%Noncurrent loans to loans
2.03%Net loans and leases to deposits
85.24%Net loans and leases to core deposits
89.30%Equity capital to assets
11.45%Core capital (leverage) ratio
11.05%Tier 1 risk-based capital ratio
16.06%Total risk-based capital ratio
Memoranda
$17Average assets
$209,367Average earning assets
$23,033Average equity
$197,825Average loans

List of branches

6 Mississippi Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	10754	First National Bank Of Picayune	121 East Canal Street, Picayune, MS 39466	July 31, 1947	Full Service Brick and Mortar
1	238481	West Canal Street Branch	208 West Canal Street, Picayune, MS 39466	April 27, 1963	Full Service Brick and Mortar
2	238482	North Branch	721 Cooper Road, Picayune, MS 39466	May 28, 1976	Full Service Brick and Mortar
3	238483	Picayune-South Branch	801 Memorial Blvd, Picayune, MS 39466	October 15, 1981	Full Service Brick and Mortar
4	272386	Wiggins Branch	1025 Hall Street, Wiggins, MS 39577	July 01, 1934	Full Service Brick and Mortar
6	238485	Poplarville Branch	1720 South Main Street, Poplarville, MS 39470	January 14, 2000	Full Service Brick and Mortar

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

First National Bank of Picayune - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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

First National Bank of Picayune - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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