Inter-City Federal Savings Bank in Louisville, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 26, 1999

  • Inter-City Federal Savings Bank in Louisville, Mississippi (MS)
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Inter-City Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 28853
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Renasant Bank (#12437)
    Federal Reserve ID: 226574
    Date Established: April 01, 1934
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 2494
    FDIC's unique #: 41687
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: December 24, 1934
    Last Structure Change Effective Date: March 26, 1999
    Last Structure Change Process Date: March 31, 1999
    Last Data Update: March 31, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 228 Main Street, Louisville, MS 39339
    County: Winston
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Jackson Ms
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • Financial Summary
  • Total assets: $44.4 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, 1998)

  • Dollar figures in thousands
  • 17Total employees (full-time equivalent)
  • $44,400Total assets
  • $6,107Cash and due from depository institutions
  • $5,496Interest-bearing balances
  • $2,258Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $34,794Net loans & leases
  • $122Loan loss allowance
  • $0Trading account assets
  • $449Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $792All other assets
  • $44,400Total liabilities and capital
  • $39,250Total liabilities
  • $38,580Total deposits
  • $35,568Interest-bearing deposits
  • $38,580Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $454Other borrowed funds
  • $0Subordinated debt
  • $216All other liabilities
  • $5,150Total equity capital
  • $5,150Total bank equity capital
  • $5,150Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $1,142Undivided profits
  • Memoranda
  • $4,007Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $266Earning assets
  • $0Long-term assets (5+ years)
  • $343Average Assets, year-to-date
  • $42,548Average Assets, quarterly
  • $0Volatile liabilities
  • $42,521Insider loans
  • $44,016FHLB advances
  • $8,271Loans and leases held for sale
  • $439Unused loan commitments
  • $454Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $852Total unused commitments
  • $0Restructured Loans and leases
  • $30,148Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $3,317Total interest income
  • $1,795Total interest expense
  • $1,522Net interest income
  • $28Provision for loan and lease losses
  • $218Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $218Additional noninterest income
  • $1,209Total noninterest expense
  • $654Salaries and employee benefits
  • $228Premises and equipment expense
  • $327Additional noninterest expense
  • $503Pre-tax net operating income
  • $0Securities gains (losses)
  • $182Applicable income taxes
  • $321Income before extraordinary items
  • $0Extraordinary gains - net
  • $321Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $23Sale, conversion, retirement of capital stock, net
  • $125Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.11%Yield on earning assets
  • 4.39%Cost of funding earning assets
  • 3.72%Net interest margin
  • 0.53%Noninterest income to earning assets
  • 2.96%Noninterest expense to earning assets
  • 0.75%Net operating income to assets
  • 0.75%Return on assets (ROA)
  • 1.18%Pretax return on assets
  • 6.38%Return on equity (ROE)
  • 3.89%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 121.74%Credit loss provision to net charge-offs
  • 23.09%Efficiency ratio
  • 69,483Assets per employee
  • 2.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 38.94%Loss allowance to loans
  • 0.35%Loss allowance to noncurrent loans
  • 45.86%Noncurrent assets plus other real estate owned to assets
  • 0.60%Noncurrent loans to loans
  • 0.76%Net loans and leases to deposits
  • 90.19%Net loans and leases to core deposits
  • 113.10%Equity capital to assets
  • 11.60%Core capital (leverage) ratio
  • 11.60%Tier 1 risk-based capital ratio
  • 17.08%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $42,521Average earning assets
  • $5,034Average equity
  • $40,896Average loans

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