M C Bank & Trust Company in Morgan City, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches


M C Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 17388
    Status: Active
    Federal Reserve ID: 1003839
    Bank Holding Company (Regulatory Top Holder): M C Bancshares, Inc. (RSSDID: 1841732, Location: Morgan City, LA)
    Date Established: January 20, 1955
    WWW: http://www.mcbt.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 11389
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 20, 1955
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1201 Brashear Avenue, Morgan City, LA 70380
    County: St. Mary
    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): Morgan City, LA (#34020)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $317.0 mil
    Equity capital: $49.1 mil
    Deposits held in domestic offices: $266.0 mil
    Return on assets (ROA): 1.13% ($3.6 mil)
    Quarterly return on assets: 1.34% ($4.2 mil)
    Return on Equity (ROE): 7.50% ($3.7 mil)
    Quarterly return on equity: 8.71% ($4.3 mil)
    Net income: $3.5 mil
    Quarterly Net income: $1.1 mil
    Pretax return on assets: 1.42% ($4,501.7 mil)
    Quarterly Pretax return on assets: 1.32% ($4,184.7 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, 2011)

  • Dollar figures in thousands
  • 78Total employees (full-time equivalent)
  • $317,019Total assets
  • $9,040Cash and due from depository institutions
  • $2,317Interest-bearing balances
  • $160,330Securities
  • $19,025Federal funds sold & reverse repurchase agreements
  • $122,185Net loans & leases
  • $3,706Loan loss allowance
  • $0Trading account assets
  • $874Bank premises and fixed assets
  • $281Other real estate owned
  • $1,235Goodwill and other intangibles
  • $317,019Life insurance assets
  • $4,049All other assets
  • $267,881Total liabilities and capital
  • $266,012Total liabilities
  • $195,853Total deposits
  • $266,012Interest-bearing deposits
  • $69Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,869Subordinated debt
  • $49,138All other liabilities
  • $49,138Total equity capital
  • $49,138Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $5,600Surplus
  • $43,138Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,086Income earned, not collected on loans
  • $0Earning assets
  • $1,762Long-term assets (5+ years)
  • $303,857Average Assets, year-to-date
  • $124,390Average Assets, quarterly
  • $313,152Volatile liabilities
  • $318,056Insider loans
  • $158,161FHLB advances
  • $317,412Loans and leases held for sale
  • $1,300Unused loan commitments
  • $1,300Tier 1 (core) risk-based capital
  • $46,068Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $20,507Restructured Loans and leases
  • $1,910Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,946Total interest income
  • $1,374Total interest expense
  • $11,572Net interest income
  • $1,200Provision for loan and lease losses
  • $892Total noninterest income
  • $0Fiduciary activities
  • $501Service charges on deposit accounts
  • $0Trading account gains & fees
  • $391Additional noninterest income
  • $6,831Total noninterest expense
  • $3,242Salaries and employee benefits
  • $1,327Premises and equipment expense
  • $2,262Additional noninterest expense
  • $4,433Pre-tax net operating income
  • $0Securities gains (losses)
  • $900Applicable income taxes
  • $3,533Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,533Net income attributable to bank
  • $0Net charge-offs
  • $3,533Cash dividends
  • $141Sale, conversion, retirement of capital stock, net
  • $306Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.31%Yield on earning assets
  • 0.46%Cost of funding earning assets
  • 3.85%Net interest margin
  • 0.30%Noninterest income to earning assets
  • 2.27%Noninterest expense to earning assets
  • 1.13%Net operating income to assets
  • 1.13%Return on assets (ROA)
  • 1.42%Pretax return on assets
  • 7.50%Return on equity (ROE)
  • 6.85%Retained earnings to average equity (YTD only)
  • 0.12%Net charge-offs to loans
  • 851.06%Credit loss provision to net charge-offs
  • 39.95%Efficiency ratio
  • 54,806Assets per employee
  • 4.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 8.66%Loss allowance to loans
  • 2.94%Loss allowance to noncurrent loans
  • 60.89%Noncurrent assets plus other real estate owned to assets
  • 2.01%Noncurrent loans to loans
  • 4.83%Net loans and leases to deposits
  • 45.93%Net loans and leases to core deposits
  • 53.04%Equity capital to assets
  • 15.50%Core capital (leverage) ratio
  • 14.51%Tier 1 risk-based capital ratio
  • 29.13%Total risk-based capital ratio
  • Memoranda
  • $30Average assets
  • $313,152Average earning assets
  • $47,133Average equity
  • $300,361Average loans

List of branches

  • 5 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011389M C Bank & Trust Company1201 Brashear Avenue, Morgan City, LA 70380January 20, 1955Full Service Brick and Mortar
    3241597Amelia Branch10157 Hwy 182 Frontage Road, Amelia, LA 70340April 11, 1977Full Service Brick and Mortar
    4241598Bayou Vista Branch525 Southeast Road, Morgan City, LA 70380March 01, 1979Full Service Brick and Mortar
    513358Colonial Plaza Branch6413 Hwy 182, Morgan City, LA 70380Febuary 26, 1966Full Service Brick and Mortar
    7248842Lafayette Branch115 Verot School Road, Lafayette, LA 70508April 01, 1995Full Service Brick and Mortar

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