First State Bank of DeKalb County in Fort Payne, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • First State Bank of DeKalb County in Fort Payne, Alabama (AL)
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First State Bank of DeKalb County - Overview

  • General
  • FDIC Certificate #: 23815
    Status: Active
    Federal Reserve ID: 504535
    Bank Holding Company (Regulatory Top Holder): First State Bancshares Of Dekalb County, Inc. (RSSDID: 2115449, Location: Fort Payne, AL)
    Date Established: May 19, 1982
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 16651
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: May 19, 1982
    Last Structure Change Effective Date: Febuary 24, 2011
    Last Structure Change Process Date: Febuary 24, 2011
    Last Data Update: Febuary 24, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 2407 Gault Avenue North, Fort Payne, AL 35967
    County: De Kalb
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Shelby
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Fort Payne, AL (#22840)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $92.9 mil
    Equity capital: $13.6 mil
    Deposits held in domestic offices: $79.1 mil
    Return on assets (ROA): 0.19% ($0.2 mil)
    Quarterly return on assets: 0.75% ($0.7 mil)
    Return on Equity (ROE): 1.27% ($0.2 mil)
    Quarterly return on equity: 5.08% ($0.7 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.28% ($260.1 mil)
    Quarterly Pretax return on assets: 0.67% ($622.3 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
  • 27Total employees (full-time equivalent)
  • $92,881Total assets
  • $17,953Cash and due from depository institutions
  • $13,439Interest-bearing balances
  • $21,192Securities
  • $1,000Federal funds sold & reverse repurchase agreements
  • $48,904Net loans & leases
  • $375Loan loss allowance
  • $0Trading account assets
  • $1,844Bank premises and fixed assets
  • $874Other real estate owned
  • $0Goodwill and other intangibles
  • $92,881Life insurance assets
  • $1,114All other assets
  • $79,255Total liabilities and capital
  • $79,074Total liabilities
  • $63,222Total deposits
  • $79,074Interest-bearing deposits
  • $66Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $181Subordinated debt
  • $13,626All other liabilities
  • $13,626Total equity capital
  • $13,626Total bank equity capital
  • $0Perpetual preferred stock
  • $55Common stock
  • $1,283Surplus
  • $12,288Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,203Income earned, not collected on loans
  • $0Earning assets
  • $465Long-term assets (5+ years)
  • $84,535Average Assets, year-to-date
  • $10,094Average Assets, quarterly
  • $91,848Volatile liabilities
  • $91,277Insider loans
  • $62,522FHLB advances
  • $90,704Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,534Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,894Restructured Loans and leases
  • $1,692Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,565Total interest income
  • $551Total interest expense
  • $3,014Net interest income
  • $265Provision for loan and lease losses
  • $374Total noninterest income
  • $0Fiduciary activities
  • $331Service charges on deposit accounts
  • $0Trading account gains & fees
  • $43Additional noninterest income
  • $2,959Total noninterest expense
  • $1,635Salaries and employee benefits
  • $439Premises and equipment expense
  • $885Additional noninterest expense
  • $164Pre-tax net operating income
  • $90Securities gains (losses)
  • $84Applicable income taxes
  • $170Income before extraordinary items
  • $0Extraordinary gains - net
  • $170Net income attributable to bank
  • $0Net charge-offs
  • $170Cash dividends
  • $409Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.21%Yield on earning assets
  • 0.65%Cost of funding earning assets
  • 3.56%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 3.50%Noninterest expense to earning assets
  • 0.12%Net operating income to assets
  • 0.19%Return on assets (ROA)
  • 0.28%Pretax return on assets
  • 1.27%Return on equity (ROE)
  • 1.27%Retained earnings to average equity (YTD only)
  • 0.78%Net charge-offs to loans
  • 64.79%Credit loss provision to net charge-offs
  • 1.05%Efficiency ratio
  • 87,338Assets per employee
  • 3.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.76%Loss allowance to noncurrent loans
  • 17.02%Noncurrent assets plus other real estate owned to assets
  • 3.31%Noncurrent loans to loans
  • 4.47%Net loans and leases to deposits
  • 61.85%Net loans and leases to core deposits
  • 75.53%Equity capital to assets
  • 14.67%Core capital (leverage) ratio
  • 14.92%Tier 1 risk-based capital ratio
  • 21.65%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $91,848Average earning assets
  • $13,433Average equity
  • $84,656Average loans

List of branches

  • 2 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    016651First State Bank Of Dekalb County2407 Gault Avenue North, Fort Payne, AL 35967May 19, 1982Full Service Brick and Mortar
    1256745Gault Avenue North Branch2407 Gault Avenue North, Fort Payne, AL 35967April 10, 1996Full Service Brick and Mortar

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