Homestead Bank in Ponchatoula, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 30, 2007

  • Homestead Bank in Ponchatoula, Louisiana (LA)
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Homestead Bank - Overview

  • General
  • FDIC Certificate #: 29531
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Guaranty Bank (#14028)
    Federal Reserve ID: 385574
    Date Established: January 01, 1911
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 3606
    FDIC's unique #: 42365
    Numeric code: 37
    Regulator: OTS
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 16, 1936
    Last Structure Change Effective Date: July 30, 2007
    Last Structure Change Process Date: September 13, 2007
    Last Data Update: September 13, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 195 North Sixth Street, Ponchatoula, LA 70454
    County: Tangipahoa
    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
    Core Based Statistical Area (CBSA): Hammond, LA (#25220)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $128.5 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, 2006)

  • Dollar figures in thousands
  • 25Total employees (full-time equivalent)
  • $131,139Total assets
  • $3,956Cash and due from depository institutions
  • $2,573Interest-bearing balances
  • $51,389Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $70,777Net loans & leases
  • $325Loan loss allowance
  • $0Trading account assets
  • $1,516Bank premises and fixed assets
  • $128Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,373All other assets
  • $131,139Total liabilities and capital
  • $119,002Total liabilities
  • $70,833Total deposits
  • $66,192Interest-bearing deposits
  • $70,833Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $47,400Other borrowed funds
  • $0Subordinated debt
  • $769All other liabilities
  • $12,137Total equity capital
  • $12,137Total bank equity capital
  • $12,137Perpetual preferred stock
  • $0Common stock
  • $71Surplus
  • $7,498Undivided profits
  • Memoranda
  • $4,568Noncurrent loans and leases
  • $11,918Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $533Earning assets
  • $0Long-term assets (5+ years)
  • $605Average Assets, year-to-date
  • $124,739Average Assets, quarterly
  • $0Volatile liabilities
  • $132,752Insider loans
  • $131,513FHLB advances
  • $64,097Loans and leases held for sale
  • $0Unused loan commitments
  • $47,400Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $11,918Total unused commitments
  • $0Restructured Loans and leases
  • $325Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $7,659Total interest income
  • $4,788Total interest expense
  • $2,871Net interest income
  • $0Provision for loan and lease losses
  • $409Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $409Additional noninterest income
  • $2,846Total noninterest expense
  • $1,644Salaries and employee benefits
  • $364Premises and equipment expense
  • $838Additional noninterest expense
  • $434Pre-tax net operating income
  • $0Securities gains (losses)
  • $125Applicable income taxes
  • $309Income before extraordinary items
  • $0Extraordinary gains - net
  • $309Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.11%Yield on earning assets
  • 3.82%Cost of funding earning assets
  • 2.29%Net interest margin
  • 0.33%Noninterest income to earning assets
  • 2.27%Noninterest expense to earning assets
  • 0.23%Net operating income to assets
  • 0.23%Return on assets (ROA)
  • 0.33%Pretax return on assets
  • 2.66%Return on equity (ROE)
  • 2.66%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 86,768Assets per employee
  • 5.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.46%Loss allowance to noncurrent loans
  • 60.98%Noncurrent assets plus other real estate owned to assets
  • 0.50%Noncurrent loans to loans
  • 0.75%Net loans and leases to deposits
  • 99.92%Net loans and leases to core deposits
  • 130.74%Equity capital to assets
  • 9.26%Core capital (leverage) ratio
  • 9.61%Tier 1 risk-based capital ratio
  • 20.15%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $132,752Average earning assets
  • $11,611Average equity
  • $125,399Average loans

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