FDIC Certificate #: 16766 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Union Planters Bank, National Association (#4979) Federal Reserve ID: 801748 Date Established: January 24, 1949 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) FDIC's unique #: 10879 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: January 24, 1949 Last Structure Change Effective Date: July 06, 1998 Last Structure Change Process Date: July 22, 1998 Last Data Update: July 22, 1998 Data Source Date: April 05, 2012
Location
Address: 425 Plaza Street, West Helena, AR 72390 County: Phillips Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Memphis Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Core Based Statistical Area (CBSA): Helena-West Helena, AR (#25760) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $105.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
51Total employees (full-time equivalent)
$116,121Total assets
$6,418Cash and due from depository institutions
$1,105Interest-bearing balances
$33,640Securities
$2,000Federal funds sold & reverse repurchase agreements
$70,263Net loans & leases
$1,605Loan loss allowance
$0Trading account assets
$1,413Bank premises and fixed assets
$69Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,318All other assets
$116,121Total liabilities and capital
$106,773Total liabilities
$105,782Total deposits
$87,471Interest-bearing deposits
$105,782Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$991All other liabilities
$9,348Total equity capital
$9,348Total bank equity capital
$9,348Perpetual preferred stock
$0Common stock
$500Surplus
$1,000Undivided profits
Memoranda
$7,848Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$599Earning assets
$0Long-term assets (5+ years)
$1,240Average Assets, year-to-date
$107,008Average Assets, quarterly
$9,016Volatile liabilities
$115,404Insider loans
$114,842FHLB advances
$16,495Loans and leases held for sale
$5,199Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,844Total unused commitments
$0Restructured Loans and leases
$77,769Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$9,151Total interest income
$3,936Total interest expense
$5,215Net interest income
$1,040Provision for loan and lease losses
$721Total noninterest income
$4Fiduciary activities
$427Service charges on deposit accounts
$0Trading account gains & fees
$290Additional noninterest income
$3,863Total noninterest expense
$1,576Salaries and employee benefits
$563Premises and equipment expense
$1,724Additional noninterest expense
$1,033Pre-tax net operating income
-$25Securities gains (losses)
$488Applicable income taxes
$520Income before extraordinary items
$0Extraordinary gains - net
$520Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$257Sale, conversion, retirement of capital stock, net
$675Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.65%Yield on earning assets
3.72%Cost of funding earning assets
4.93%Net interest margin
0.68%Noninterest income to earning assets
3.65%Noninterest expense to earning assets
0.46%Net operating income to assets
0.45%Return on assets (ROA)
0.87%Pretax return on assets
5.43%Return on equity (ROE)
-1.62%Retained earnings to average equity (YTD only)
0.35%Net charge-offs to loans
404.67%Credit loss provision to net charge-offs
8.07%Efficiency ratio
65,077Assets per employee
2.28%Cash dividends to net income (YTD only)
Condition Ratios (%)
129.81%Loss allowance to loans
2.23%Loss allowance to noncurrent loans
267.95%Noncurrent assets plus other real estate owned to assets
I found a safe deposit box lease from 96 when still under M&F. My parents were still living there so would have known of the merger. I found no other paperwork. I guess the lease ended. Can this be verified? Box was 212. My name, maiden, was also on it. Parents are John and Sarah Brownlee. Thank you.
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