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

This bank is inactive as of May 16, 1997

Hazen First State Bank in Hazen, Arkansas (AR)
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Hazen First State Bank - Overview

General
FDIC Certificate #: 24710
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First United Bank (#3893)
Federal Reserve ID: 268743
Date Established: September 30, 1983
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 13368
FDIC's unique #: 17153
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: September 30, 1983
Last Structure Change Effective Date: May 16, 1997
Last Structure Change Process Date: August 04, 1997
Last Data Update: August 04, 1997
Data Source Date: April 05, 2012
Location
Address: Chester And Front Streets, Hazen, AR 72064
County: Prairie
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: $22.1 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$13Total assets
$21,464Cash and due from depository institutions
$1,365Interest-bearing balances
$42Securities
$8,838Federal funds sold & reverse repurchase agreements
$1,475Net loans & leases
$9,228Loan loss allowance
$159Trading account assets
$0Bank premises and fixed assets
$137Other real estate owned
$0Goodwill and other intangibles
$315Life insurance assets
$106All other assets
$0Total liabilities and capital
$21,464Total liabilities
$19,263Total deposits
$18,873Interest-bearing deposits
$15,931Deposits held in domestic offices
18873.00%% insured (estimated)
$92Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$266Subordinated debt
$0All other liabilities
$124Total equity capital
$124Total bank equity capital
$2,201Perpetual preferred stock
$0Common stock
$997Surplus
$634Undivided profits
Memoranda
$570Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$10Income earned, not collected on loans
$199Earning assets
$19,583Long-term assets (5+ years)
$893Average Assets, year-to-date
$20,462Average Assets, quarterly
$21,093Volatile liabilities
$2,421Insider loans
$12FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$565Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,095Total risk weighted assets
$10,733Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$1,453Total interest expense
$680Net interest income
$773Provision for loan and lease losses
$0Total noninterest income
$110Fiduciary activities
$0Service charges on deposit accounts
$90Trading account gains & fees
$0Additional noninterest income
$20Total noninterest expense
$524Salaries and employee benefits
$286Premises and equipment expense
$77Additional noninterest expense
$161Pre-tax net operating income
$359Securities gains (losses)
$8Applicable income taxes
$91Income before extraordinary items
$276Extraordinary gains - net
$0Net income attributable to bank
$276Net charge-offs
$0Cash dividends
$0Sale, 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
7.73%Cost of funding earning assets
3.62%Net interest margin
4.11%Noninterest income to earning assets
0.58%Noninterest expense to earning assets
2.79%Net operating income to assets
1.32%Return on assets (ROA)
1.35%Pretax return on assets
1.79%Return on equity (ROE)
13.39%Retained earnings to average equity (YTD only)
13.39%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
58,324Assets per employee
1.65%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.69%Loss allowance to noncurrent loans
1590.00%Noncurrent assets plus other real estate owned to assets
0.05%Noncurrent loans to loans
0.11%Net loans and leases to deposits
48.90%Net loans and leases to core deposits
56.09%Equity capital to assets
10.25%Core capital (leverage) ratio
9.98%Tier 1 risk-based capital ratio
19.52%Total risk-based capital ratio
Memoranda
$21Average assets
$20,462Average earning assets
$2,062Average equity
$18,808Average loans

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