National Bank of Commerce Tuscaloosa in Tuscaloosa, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 1998

  • National Bank of Commerce Tuscaloosa in Tuscaloosa, Alabama (AL)
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National Bank of Commerce Tuscaloosa - Overview

  • General
  • FDIC Certificate #: 19780
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Cadence Bank, N.A. (#4999)
    Federal Reserve ID: 264437
    Date Established: January 08, 1968
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    OTS Docket #: 10279
    FDIC's unique #: 13574
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 08, 1968
    Last Structure Change Effective Date: December 31, 1998
    Last Structure Change Process Date: Febuary 04, 1999
    Last Data Update: Febuary 04, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 1111 Greensboro Avenue, Tuscaloosa, AL 35401
    County: Tuscaloosa
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Shelby
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Tuscaloosa, AL (#8600)
    Core Based Statistical Area (CBSA): Tuscaloosa, AL (#46220)
    CBSA Metro Statistical Area: Tuscaloosa, AL (#46220)
  • History of Changes
  • Merger - Without Assistance
    Participated in Absorption/Consolidation/Merger
    Corrections
  • Financial Summary
  • Total assets: $96.4 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
  • 40Total employees (full-time equivalent)
  • $93,142Total assets
  • $4,332Cash and due from depository institutions
  • $247Interest-bearing balances
  • $23,975Securities
  • $4,250Federal funds sold & reverse repurchase agreements
  • $53,947Net loans & leases
  • $1,049Loan loss allowance
  • $0Trading account assets
  • $2,698Bank premises and fixed assets
  • $197Other real estate owned
  • $2,570Goodwill and other intangibles
  • $0Life insurance assets
  • $1,173All other assets
  • $93,142Total liabilities and capital
  • $80,976Total liabilities
  • $78,400Total deposits
  • $65,970Interest-bearing deposits
  • $78,400Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,022Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $554All other liabilities
  • $12,166Total equity capital
  • $12,166Total bank equity capital
  • $12,166Perpetual preferred stock
  • $0Common stock
  • $440Surplus
  • $8,703Undivided profits
  • Memoranda
  • $3,023Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $415Earning assets
  • $38Long-term assets (5+ years)
  • $410Average Assets, year-to-date
  • $82,419Average Assets, quarterly
  • $8,631Volatile liabilities
  • $87,836Insider loans
  • $91,024FHLB advances
  • $16,623Loans and leases held for sale
  • $4,369Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $8,086Total unused commitments
  • $0Restructured Loans and leases
  • $56,307Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $6,664Total interest income
  • $2,860Total interest expense
  • $3,804Net interest income
  • $240Provision for loan and lease losses
  • $804Total noninterest income
  • $0Fiduciary activities
  • $629Service charges on deposit accounts
  • $0Trading account gains & fees
  • $175Additional noninterest income
  • $2,780Total noninterest expense
  • $1,330Salaries and employee benefits
  • $463Premises and equipment expense
  • $987Additional noninterest expense
  • $1,588Pre-tax net operating income
  • -$11Securities gains (losses)
  • $609Applicable income taxes
  • $968Income before extraordinary items
  • $0Extraordinary gains - net
  • $968Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $153Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.68%Yield on earning assets
  • 3.73%Cost of funding earning assets
  • 4.96%Net interest margin
  • 1.05%Noninterest income to earning assets
  • 3.62%Noninterest expense to earning assets
  • 1.11%Net operating income to assets
  • 1.10%Return on assets (ROA)
  • 1.80%Pretax return on assets
  • 8.31%Return on equity (ROE)
  • 8.31%Retained earnings to average equity (YTD only)
  • 0.28%Net charge-offs to loans
  • 156.86%Credit loss provision to net charge-offs
  • 11.95%Efficiency ratio
  • 55,252Assets per employee
  • 2.33%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.91%Loss allowance to noncurrent loans
  • 252.77%Noncurrent assets plus other real estate owned to assets
  • 0.66%Noncurrent loans to loans
  • 0.75%Net loans and leases to deposits
  • 68.81%Net loans and leases to core deposits
  • 84.56%Equity capital to assets
  • 13.06%Core capital (leverage) ratio
  • 10.70%Tier 1 risk-based capital ratio
  • 16.95%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $87,836Average earning assets
  • $11,645Average equity
  • $76,742Average loans

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