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



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First State Bank of DeKalb County routing number info

Table of contents:
First State Bank of DeKalb County
GeneralFDIC 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
WWW: http://www.fsbdekalb.com
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
LocationAddress: 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 ChangesChange in Geographic Region/Area/Territory/Field Office
Financial SummaryTotal 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)
Total employees (full-time equivalent)27
Total assets$92,881
Cash and due from depository institutions$17,953
Interest-bearing balances$13,439
Securities$21,192
Federal funds sold & reverse repurchase agreements$1,000
Net loans & leases$48,904
Loan loss allowance $375
Trading account assets$0
Bank premises and fixed assets$1,844
Other real estate owned$874
Goodwill and other intangibles$0
All other assets$1,114
Life insurance assets$92,881
Total liabilities and capital$79,255
Total liabilities$79,074
Total deposits$63,222
Interest-bearing deposits$79,074
Deposits held in domestic offices$66
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $181
All other liabilities $13,626
Total equity capital$13,626
Total bank equity capital$13,626
Perpetual preferred stock$0
Common stock$55
Surplus$1,283
Undivided profits $12,288
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $2,203
Earning assets $0
Long-term assets (5+ years) $465
Average Assets, year-to-date $84,535
Average Assets, quarterly $10,094
Volatile liabilities $91,848
Insider loans $91,277
FHLB advances $62,522
Loans and leases held for sale $90,704
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $13,534
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $8,894
Derivatives$1,692
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,565
Total interest expense $551
Net interest income $3,014
Provision for loan and lease losses $265
Total noninterest income $374
Fiduciary activities $0
Service charges on deposit accounts $331
Trading account gains & fees $0
Additional noninterest income $43
Total noninterest expense $2,959
Salaries and employee benefits $1,635
Premises and equipment expense $439
Additional noninterest expense $885
Pre-tax net operating income $164
Securities gains (losses) $90
Applicable income taxes $84
Income before extraordinary items $170
Extraordinary gains - net $0
Net income attributable to bank $170
Net charge-offs $0
Cash dividends $170
Sale, conversion, retirement of capital stock, net $409
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.21%
Cost of funding earning assets 0.65%
Net interest margin 3.56%
Noninterest income to earning assets 0.44%
Noninterest expense to earning assets 3.50%
Net operating income to assets 0.12%
Return on assets (ROA) 0.19%
Pretax return on assets 0.28%
Return on equity (ROE) 1.27%
Retained earnings to average equity (YTD only) 1.27%
Net charge-offs to loans 0.78%
Credit loss provision to net charge-offs 64.79%
Efficiency ratio1.05%
Assets per employee$87,338
Cash dividends to net income (YTD only)3.44%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 0.76%
Noncurrent assets plus other real estate owned to assets 17.02%
Noncurrent loans to loans 3.31%
Net loans and leases to deposits4.47%
Net loans and leases to core deposits 61.85%
Equity capital to assets 75.53%
Core capital (leverage) ratio 14.67%
Tier 1 risk-based capital ratio 14.92%
Total risk-based capital ratio 21.65%
Memoranda
Average assets$22
Average earning assets$91,848
Average equity $13,433
Average loans $84,656
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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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