MidSouth Bank, N. A. in Dothan, Alabama (AL), FL
Overview, Financial Summary, Detailed Financial Reports, Branches

MidSouth Bank, N. A. - Overview

  • General
  • FDIC Certificate #: 2777
    Status: Active
    Federal Reserve ID: 929932
    Bank Holding Company (Regulatory Top Holder): Midsouth Bancorporation (RSSDID: 1136689, Location: Dothan, AL)
    Date Established: January 01, 1912
    WWW: http://www.bankmidsouth.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 9 (Domestic: 9, Interstate: Yes)
    FDIC's unique #: 1811
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    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: 2526 West Main Street, Dothan, AL 36303
    County: Houston
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Montgomery
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Dothan, AL (#2180)
    Combined Statistical Area (CSA): Dothan-Enterprise-Ozark, AL (#222)
    Core Based Statistical Area (CBSA): Dothan, AL (#20020)
    CBSA Metro Statistical Area: Dothan, AL (#20020)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $374.8 mil
    Equity capital: $38.8 mil
    Deposits held in domestic offices: $334.2 mil
    Return on assets (ROA): 0.28% ($1.1 mil)
    Quarterly return on assets: 0.69% ($2.6 mil)
    Return on Equity (ROE): 2.74% ($1.1 mil)
    Quarterly return on equity: 6.47% ($2.5 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 0.28% ($1,049.5 mil)
    Quarterly Pretax return on assets: 0.68% ($2,548.7 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
  • 97Total employees (full-time equivalent)
  • $374,812Total assets
  • $63,303Cash and due from depository institutions
  • $36,085Interest-bearing balances
  • $33,719Securities
  • $15,435Federal funds sold & reverse repurchase agreements
  • $236,981Net loans & leases
  • $5,924Loan loss allowance
  • $0Trading account assets
  • $18,662Bank premises and fixed assets
  • $2,495Other real estate owned
  • $16Goodwill and other intangibles
  • $374,812Life insurance assets
  • $4,201All other assets
  • $336,016Total liabilities and capital
  • $334,182Total liabilities
  • $294,214Total deposits
  • $334,182Interest-bearing deposits
  • $71Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $977Trading liabilities
  • $0Other borrowed funds
  • $857Subordinated debt
  • $38,796All other liabilities
  • $38,796Total equity capital
  • $38,796Total bank equity capital
  • $0Perpetual preferred stock
  • $269Common stock
  • $11,028Surplus
  • $27,499Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $184Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,959Income earned, not collected on loans
  • $0Earning assets
  • $1,406Long-term assets (5+ years)
  • $322,220Average Assets, year-to-date
  • $34,262Average Assets, quarterly
  • $360,794Volatile liabilities
  • $361,235Insider loans
  • $262,851FHLB advances
  • $355,531Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $38,619Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $42,184Restructured Loans and leases
  • $1,073Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,640Total interest income
  • $2,464Total interest expense
  • $12,176Net interest income
  • $2,840Provision for loan and lease losses
  • $1,720Total noninterest income
  • $0Fiduciary activities
  • $704Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,016Additional noninterest income
  • $10,035Total noninterest expense
  • $5,694Salaries and employee benefits
  • $1,643Premises and equipment expense
  • $2,698Additional noninterest expense
  • $1,021Pre-tax net operating income
  • -$14Securities gains (losses)
  • -$18Applicable income taxes
  • $1,025Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,025Net income attributable to bank
  • $0Net charge-offs
  • $1,025Cash dividends
  • $1,687Sale, conversion, retirement of capital stock, net
  • $450Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.62%Yield on earning assets
  • 0.78%Cost of funding earning assets
  • 3.84%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 3.17%Noninterest expense to earning assets
  • 0.29%Net operating income to assets
  • 0.28%Return on assets (ROA)
  • 0.28%Pretax return on assets
  • 2.74%Return on equity (ROE)
  • 1.54%Retained earnings to average equity (YTD only)
  • 0.67%Net charge-offs to loans
  • 168.35%Credit loss provision to net charge-offs
  • 2.29%Efficiency ratio
  • 72,215Assets per employee
  • 3.86%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 43.90%Loss allowance to loans
  • 2.44%Loss allowance to noncurrent loans
  • 59.48%Noncurrent assets plus other real estate owned to assets
  • 3.38%Noncurrent loans to loans
  • 4.10%Net loans and leases to deposits
  • 70.91%Net loans and leases to core deposits
  • 80.34%Equity capital to assets
  • 10.35%Core capital (leverage) ratio
  • 10.86%Tier 1 risk-based capital ratio
  • 14.69%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $360,794Average earning assets
  • $37,424Average equity
  • $316,728Average loans

List of branches

  • 8 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01811Midsouth Bank, N. A.2526 West Main Street, Dothan, AL 36303January 01, 1912Full Service Brick and Mortar
    3537Eufaula Branch230 South Eufaula Avenue, Eufaula, AL 36027January 01, 1906Full Service Brick and Mortar
    410858Clayton Branch106 South Midway Street, Clayton, AL 36016November 17, 1948Full Service Brick and Mortar
    5419161Ashford Branch520 Bradway Street, Ashford, AL 36312January 01, 2003Full Service Brick and Mortar
    8453022Auburn Branch519 East Glenn Avenue, Auburn, AL 36830November 01, 2005Full Service Brick and Mortar
    9453023Southside Branch2224 Ross Clark Circle, Dothan, AL 36301June 30, 2006Full Service Brick and Mortar
    10466623Westside Branch4015 West Main Street, Dothan, AL 36305July 01, 2006Full Service Brick and Mortar
    11493091Northside Branch3776 Montgomery Highway, Dothan, AL 36303July 01, 2008Full Service Brick and Mortar
  • 1 Florida Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    6437843Panama City Branch1418 West 23rd Street, Panama City, FL 32405Febuary 10, 2005Full Service Brick and Mortar

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