First United Bank in Stuttgart, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 01, 2000

  • First United Bank in Stuttgart, Arkansas (AR)
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First United Bank - Overview

  • General
  • FDIC Certificate #: 3893
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: BancorpSouth Bank (#11813)
    Federal Reserve ID: 978640
    Date Established: April 03, 1922
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Interstate: No)
    OTS Docket #: 10082
    FDIC's unique #: 2539
    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: September 01, 2000
    Last Structure Change Process Date: September 28, 2000
    Last Data Update: September 28, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 412 South Main Street, Stuttgart, AR 72160
    County: Arkansas
    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: $251.7 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 99Total employees (full-time equivalent)
  • $246,172Total assets
  • $9,372Cash and due from depository institutions
  • $341Interest-bearing balances
  • $107,034Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $121,056Net loans & leases
  • $1,842Loan loss allowance
  • $0Trading account assets
  • $2,972Bank premises and fixed assets
  • $108Other real estate owned
  • $81Goodwill and other intangibles
  • $0Life insurance assets
  • $5,549All other assets
  • $246,172Total liabilities and capital
  • $226,058Total liabilities
  • $214,075Total deposits
  • $176,401Interest-bearing deposits
  • $214,075Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $8,868Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,009Other borrowed funds
  • $0Subordinated debt
  • $1,106All other liabilities
  • $20,114Total equity capital
  • $20,114Total bank equity capital
  • $20,114Perpetual preferred stock
  • $0Common stock
  • $1,100Surplus
  • $6,478Undivided profits
  • Memoranda
  • $12,536Noncurrent loans and leases
  • $21,160Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,362Earning assets
  • $0Long-term assets (5+ years)
  • $2,015Average Assets, year-to-date
  • $228,431Average Assets, quarterly
  • $79,214Volatile liabilities
  • $252,764Insider loans
  • $248,395FHLB advances
  • $66,283Loans and leases held for sale
  • $8,652Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $21,160Total unused commitments
  • $32Restructured Loans and leases
  • $1,842Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $17,601Total interest income
  • $8,274Total interest expense
  • $9,327Net interest income
  • $0Provision for loan and lease losses
  • $1,130Total noninterest income
  • $196Fiduciary activities
  • $699Service charges on deposit accounts
  • $0Trading account gains & fees
  • $235Additional noninterest income
  • $5,715Total noninterest expense
  • $3,066Salaries and employee benefits
  • $825Premises and equipment expense
  • $1,824Additional noninterest expense
  • $4,742Pre-tax net operating income
  • $2Securities gains (losses)
  • $1,308Applicable income taxes
  • $3,436Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,436Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $317Sale, conversion, retirement of capital stock, net
  • $2,200Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.43%Yield on earning assets
  • 3.49%Cost of funding earning assets
  • 3.94%Net interest margin
  • 0.48%Noninterest income to earning assets
  • 2.41%Noninterest expense to earning assets
  • 1.36%Net operating income to assets
  • 1.36%Return on assets (ROA)
  • 1.88%Pretax return on assets
  • 16.29%Return on equity (ROE)
  • 5.86%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 14.96%Efficiency ratio
  • 54,566Assets per employee
  • 2.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 64.03%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 135.24%Noncurrent assets plus other real estate owned to assets
  • 0.60%Noncurrent loans to loans
  • 1.11%Net loans and leases to deposits
  • 56.55%Net loans and leases to core deposits
  • 77.27%Equity capital to assets
  • 8.17%Core capital (leverage) ratio
  • 8.80%Tier 1 risk-based capital ratio
  • 14.52%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $252,764Average earning assets
  • $21,088Average equity
  • $236,796Average loans

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