Gulf South Bank and Trust Company in Gretna, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 11, 1997

  • Gulf South Bank and Trust Company in Gretna, Louisiana (LA)
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Gulf South Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 19685
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank of Louisiana (#28098)
    Federal Reserve ID: 737838
    Date Established: March 18, 1967
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 13484
    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: March 18, 1967
    Last Structure Change Effective Date: April 11, 1997
    Last Structure Change Process Date: May 14, 1997
    Last Data Update: May 14, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 313 West Bank Expressway, Gretna, LA 70053
    County: Jefferson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): New Orleans, LA (#5560)
    Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406)
    Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380)
    CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
  • Financial Summary
  • Total assets: $56.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $37Total assets
  • $57,879Cash and due from depository institutions
  • $4,749Interest-bearing balances
  • $0Securities
  • $17,106Federal funds sold & reverse repurchase agreements
  • $4,500Net loans & leases
  • $29,745Loan loss allowance
  • $430Trading account assets
  • $0Bank premises and fixed assets
  • $886Other real estate owned
  • $167Goodwill and other intangibles
  • $726Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $57,879Total liabilities
  • $52,201Total deposits
  • $51,243Interest-bearing deposits
  • $34,792Deposits held in domestic offices
  • 51243.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $958Total equity capital
  • $958Total bank equity capital
  • $5,678Perpetual preferred stock
  • $0Common stock
  • $183Surplus
  • $2,652Undivided profits
  • Memoranda
  • $2,843Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $456Income earned, not collected on loans
  • $184Earning assets
  • $51,351Long-term assets (5+ years)
  • $8,679Average Assets, year-to-date
  • $54,972Average Assets, quarterly
  • $56,360Volatile liabilities
  • $1,921Insider loans
  • $1,146FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,512Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,655Total risk weighted assets
  • $34,858Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,531Total interest expense
  • $1,138Net interest income
  • $3,393Provision for loan and lease losses
  • $242Total noninterest income
  • $920Fiduciary activities
  • $0Service charges on deposit accounts
  • $773Trading account gains & fees
  • $0Additional noninterest income
  • $147Total noninterest expense
  • $2,607Salaries and employee benefits
  • $1,347Premises and equipment expense
  • $545Additional noninterest expense
  • $715Pre-tax net operating income
  • $1,464Securities gains (losses)
  • $0Applicable income taxes
  • $498Income before extraordinary items
  • $966Extraordinary gains - net
  • $0Net income attributable to bank
  • $966Net charge-offs
  • $353Cash dividends
  • $65Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.15%Cost of funding earning assets
  • 2.30%Net interest margin
  • 6.85%Noninterest income to earning assets
  • 1.86%Noninterest expense to earning assets
  • 5.27%Net operating income to assets
  • 1.76%Return on assets (ROA)
  • 1.76%Pretax return on assets
  • 2.66%Return on equity (ROE)
  • 18.78%Retained earnings to average equity (YTD only)
  • 17.52%Net charge-offs to loans
  • 1.14%Credit loss provision to net charge-offs
  • 68.56%Efficiency ratio
  • 60,445Assets per employee
  • 1.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 6.73%Loss allowance to loans
  • 1.43%Loss allowance to noncurrent loans
  • 94.30%Noncurrent assets plus other real estate owned to assets
  • 1.08%Noncurrent loans to loans
  • 1.51%Net loans and leases to deposits
  • 58.05%Net loans and leases to core deposits
  • 60.31%Equity capital to assets
  • 9.81%Core capital (leverage) ratio
  • 10.24%Tier 1 risk-based capital ratio
  • 16.22%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $54,972Average earning assets
  • $5,143Average equity
  • $49,515Average loans

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