FDIC Certificate #: 57242 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Community Trust Bank (#12614) Federal Reserve ID: 3090310 Date Established: Febuary 14, 2002 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 359962 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: Febuary 14, 2002 Last Structure Change Effective Date: March 26, 2010 Last Structure Change Process Date: March 29, 2010 Last Data Update: March 29, 2010 Data Source Date: April 05, 2012
Location
Address: 171 Cobblestone Drive, Madison, MS 39110 County: Madison 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 Metropolitan Statistical Area (MSA): Jackson, MS (#3560) Combined Statistical Area (CSA): Jackson-Yazoo City, MS (#298) Core Based Statistical Area (CBSA): Jackson, MS (#27140) CBSA Metro Statistical Area: Jackson, MS (#27140)
Financial Summary
Total assets: $67.1 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2009)
Dollar figures in thousands
17Total employees (full-time equivalent)
$67,104Total assets
$1,007Cash and due from depository institutions
$80Interest-bearing balances
$4,725Securities
$4,875Federal funds sold & reverse repurchase agreements
$51,030Net loans & leases
$516Loan loss allowance
$0Trading account assets
$3,198Bank premises and fixed assets
$360Other real estate owned
$0Goodwill and other intangibles
$579Life insurance assets
$1,909All other assets
$67,104Total liabilities and capital
$62,812Total liabilities
$61,315Total deposits
$58,524Interest-bearing deposits
$61,315Deposits held in domestic offices
97.82%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,000Other borrowed funds
$0Subordinated debt
$497All other liabilities
$4,292Total equity capital
$4,292Total bank equity capital
$4,292Perpetual preferred stock
$0Common stock
$392Surplus
$4,955Undivided profits
Memoranda
$-1,055Noncurrent loans and leases
$3,317Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,113Earning assets
$0Long-term assets (5+ years)
$388Average Assets, year-to-date
$60,710Average Assets, quarterly
$6,748Volatile liabilities
$67,670Insider loans
$66,552FHLB advances
$26,091Loans and leases held for sale
$1,451Unused loan commitments
$1,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,317Total unused commitments
$0Restructured Loans and leases
$516Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$3,612Total interest income
$1,699Total interest expense
$1,913Net interest income
$95Provision for loan and lease losses
$205Total noninterest income
$0Fiduciary activities
$82Service charges on deposit accounts
$0Trading account gains & fees
$123Additional noninterest income
$2,562Total noninterest expense
$1,205Salaries and employee benefits
$408Premises and equipment expense
$949Additional noninterest expense
-$539Pre-tax net operating income
$1Securities gains (losses)
$0Applicable income taxes
-$538Income before extraordinary items
$0Extraordinary gains - net
-$538Net income attributable to bank
$0Net charge-offs
-$538Cash dividends
$201Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.84%Yield on earning assets
2.75%Cost of funding earning assets
3.09%Net interest margin
0.33%Noninterest income to earning assets
4.14%Noninterest expense to earning assets
-0.80%Net operating income to assets
-0.80%Return on assets (ROA)
-0.80%Pretax return on assets
-11.68%Return on equity (ROE)
-11.68%Retained earnings to average equity (YTD only)
0.37%Net charge-offs to loans
47.26%Credit loss provision to net charge-offs
-2.21%Efficiency ratio
120,963Assets per employee
3.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.00%Loss allowance to noncurrent loans
46.36%Noncurrent assets plus other real estate owned to assets
2.20%Noncurrent loans to loans
2.16%Net loans and leases to deposits
83.23%Net loans and leases to core deposits
144.87%Equity capital to assets
6.40%Core capital (leverage) ratio
6.31%Tier 1 risk-based capital ratio
8.58%Total risk-based capital ratio
Memoranda
$10Average assets
$67,670Average earning assets
$4,608Average equity
$61,829Average loans
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