Greers Ferry Lake State Bank in Heber Springs, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 05, 2008

  • Greers Ferry Lake State Bank in Heber Springs, Arkansas (AR)
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Greers Ferry Lake State Bank - Overview

  • General
  • FDIC Certificate #: 33471
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Arkansas Bank and Trust (#16849)
    Federal Reserve ID: 1879043
    Date Established: July 26, 1991
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 13835
    FDIC's unique #: 47177
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 26, 1991
    Last Structure Change Effective Date: August 05, 2008
    Last Structure Change Process Date: August 05, 2008
    Last Data Update: August 05, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 1230 Highway 25b North, Heber Springs, AR 72543
    County: Cleburne
    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: $63.5 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, 2007)

  • Dollar figures in thousands
  • 21Total employees (full-time equivalent)
  • $57,742Total assets
  • $2,555Cash and due from depository institutions
  • $313Interest-bearing balances
  • $25,871Securities
  • $1,235Federal funds sold & reverse repurchase agreements
  • $24,153Net loans & leases
  • $285Loan loss allowance
  • $0Trading account assets
  • $1,878Bank premises and fixed assets
  • $360Other real estate owned
  • $0Goodwill and other intangibles
  • $361Life insurance assets
  • $1,690All other assets
  • $57,742Total liabilities and capital
  • $52,887Total liabilities
  • $47,880Total deposits
  • $40,695Interest-bearing deposits
  • $47,880Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $4,686Other borrowed funds
  • $0Subordinated debt
  • $321All other liabilities
  • $4,855Total equity capital
  • $4,855Total bank equity capital
  • $4,855Perpetual preferred stock
  • $0Common stock
  • $1,500Surplus
  • $900Undivided profits
  • Memoranda
  • $2,455Noncurrent loans and leases
  • $6,651Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $383Earning assets
  • $0Long-term assets (5+ years)
  • $307Average Assets, year-to-date
  • $51,572Average Assets, quarterly
  • $17,703Volatile liabilities
  • $57,099Insider loans
  • $57,134FHLB advances
  • $11,441Loans and leases held for sale
  • $678Unused loan commitments
  • $4,686Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $6,651Total unused commitments
  • $0Restructured Loans and leases
  • $285Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $3,416Total interest income
  • $1,677Total interest expense
  • $1,739Net interest income
  • $15Provision for loan and lease losses
  • $650Total noninterest income
  • $0Fiduciary activities
  • $526Service charges on deposit accounts
  • $0Trading account gains & fees
  • $124Additional noninterest income
  • $1,581Total noninterest expense
  • $738Salaries and employee benefits
  • $369Premises and equipment expense
  • $474Additional noninterest expense
  • $793Pre-tax net operating income
  • $1Securities gains (losses)
  • $234Applicable income taxes
  • $560Income before extraordinary items
  • $0Extraordinary gains - net
  • $560Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $152Sale, conversion, retirement of capital stock, net
  • $388Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.70%Yield on earning assets
  • 3.29%Cost of funding earning assets
  • 3.41%Net interest margin
  • 1.28%Noninterest income to earning assets
  • 3.10%Noninterest expense to earning assets
  • 0.98%Net operating income to assets
  • 0.98%Return on assets (ROA)
  • 1.39%Pretax return on assets
  • 11.80%Return on equity (ROE)
  • 3.63%Retained earnings to average equity (YTD only)
  • 0.59%Net charge-offs to loans
  • 9.87%Credit loss provision to net charge-offs
  • 5.32%Efficiency ratio
  • 66,178Assets per employee
  • 2.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 69.29%Loss allowance to loans
  • 1.17%Loss allowance to noncurrent loans
  • 74.41%Noncurrent assets plus other real estate owned to assets
  • 1.29%Noncurrent loans to loans
  • 1.57%Net loans and leases to deposits
  • 50.44%Net loans and leases to core deposits
  • 66.28%Equity capital to assets
  • 8.41%Core capital (leverage) ratio
  • 8.59%Tier 1 risk-based capital ratio
  • 15.44%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $57,099Average earning assets
  • $4,744Average equity
  • $50,971Average loans
1
William Young
Aug 23, 2022 @ 5:17 pm
I have Time Certificate of Deposits that were issued in 1997 due for maturity in 2000. Can these still be claimed and where do I go to claim these.

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