First State Bank of Newport in Newport, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 01, 1995

  • First State Bank of Newport in Newport, Arkansas (AR)
  • Show street view No street view available for this location

First State Bank of Newport - Overview

  • General
  • FDIC Certificate #: 3886
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Union Planters Bank of Northeast Arkansas (#84)
    Federal Reserve ID: 565545
    Date Established: September 22, 1892
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 2534
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 01, 1995
    Last Structure Change Process Date: March 08, 1995
    Last Data Update: March 08, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: Hazel And Second Streets, Newport, AR 72112
    County: Jackson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
  • Financial Summary
  • Total assets: $54.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $27Total assets
  • $54,863Cash and due from depository institutions
  • $3,706Interest-bearing balances
  • $0Securities
  • $17,666Federal funds sold & reverse repurchase agreements
  • $550Net loans & leases
  • $28,417Loan loss allowance
  • $887Trading account assets
  • $0Bank premises and fixed assets
  • $1,068Other real estate owned
  • $0Goodwill and other intangibles
  • $1,713Life insurance assets
  • $1,743All other assets
  • $0Total liabilities and capital
  • $54,863Total liabilities
  • $49,152Total deposits
  • $48,429Interest-bearing deposits
  • $39,043Deposits held in domestic offices
  • 48429.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $723Total equity capital
  • $723Total bank equity capital
  • $5,711Perpetual preferred stock
  • $0Common stock
  • $733Surplus
  • $5,473Undivided profits
  • Memoranda
  • $-495Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $592Income earned, not collected on loans
  • $558Earning assets
  • $46,633Long-term assets (5+ years)
  • $531Average Assets, year-to-date
  • $57,049Average Assets, quarterly
  • $55,765Volatile liabilities
  • $1,946Insider loans
  • $1,817FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,214Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,153Total risk weighted assets
  • $30,634Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,327Total interest expense
  • $1,251Net interest income
  • $2,076Provision for loan and lease losses
  • $0Total noninterest income
  • $448Fiduciary activities
  • $0Service charges on deposit accounts
  • $367Trading account gains & fees
  • $0Additional noninterest income
  • $81Total noninterest expense
  • $2,711Salaries and employee benefits
  • $968Premises and equipment expense
  • $300Additional noninterest expense
  • $1,443Pre-tax net operating income
  • -$187Securities gains (losses)
  • -$81Applicable income taxes
  • -$62Income before extraordinary items
  • -$206Extraordinary gains - net
  • $0Net income attributable to bank
  • -$206Net charge-offs
  • $103Cash dividends
  • $1,493Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.67%Cost of funding earning assets
  • 2.51%Net interest margin
  • 4.16%Noninterest income to earning assets
  • 0.90%Noninterest expense to earning assets
  • 5.44%Net operating income to assets
  • -0.25%Return on assets (ROA)
  • -0.36%Pretax return on assets
  • -0.47%Return on equity (ROE)
  • -3.37%Retained earnings to average equity (YTD only)
  • -27.82%Net charge-offs to loans
  • 0.36%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 98,811Assets per employee
  • 2.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -724.76%Loss allowance to loans
  • 3.03%Loss allowance to noncurrent loans
  • 149.83%Noncurrent assets plus other real estate owned to assets
  • 1.08%Noncurrent loans to loans
  • 2.02%Net loans and leases to deposits
  • 58.68%Net loans and leases to core deposits
  • 61.13%Equity capital to assets
  • 10.41%Core capital (leverage) ratio
  • 7.72%Tier 1 risk-based capital ratio
  • 13.56%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $57,049Average earning assets
  • $6,107Average equity
  • $49,878Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First State Bank of Newport.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents