New South Bank in Como, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 1993

  • New South Bank in Como, Mississippi (MS)
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New South Bank - Overview

  • General
  • FDIC Certificate #: 11442
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Tennessee Bank National Association Mississippi (#33521)
    Federal Reserve ID: 678445
    Date Established: January 01, 1900
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 7305
    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 01, 1934
    Last Structure Change Effective Date: December 31, 1993
    Last Structure Change Process Date: January 06, 1994
    Last Data Update: January 06, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Como, MS 38619
    County: Panola
    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: West
  • Financial Summary
  • Total assets: $34.8 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $21Total assets
  • $33,038Cash and due from depository institutions
  • $1,380Interest-bearing balances
  • $32Securities
  • $6,238Federal funds sold & reverse repurchase agreements
  • $1,200Net loans & leases
  • $22,104Loan loss allowance
  • $359Trading account assets
  • $0Bank premises and fixed assets
  • $1,373Other real estate owned
  • $127Goodwill and other intangibles
  • $616Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $33,038Total liabilities
  • $30,448Total deposits
  • $30,208Interest-bearing deposits
  • $24,765Deposits held in domestic offices
  • 30208.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $240Total equity capital
  • $240Total bank equity capital
  • $2,590Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $2,245Undivided profits
  • Memoranda
  • $245Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $83Income earned, not collected on loans
  • $393Earning assets
  • $29,574Long-term assets (5+ years)
  • $7,010Average Assets, year-to-date
  • $31,470Average Assets, quarterly
  • $32,661Volatile liabilities
  • $6,587Insider loans
  • $340FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,590Total risk weighted assets
  • $22,533Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,605Total interest expense
  • $1,072Net interest income
  • $1,533Provision for loan and lease losses
  • $72Total noninterest income
  • $252Fiduciary activities
  • $0Service charges on deposit accounts
  • $199Trading account gains & fees
  • $0Additional noninterest income
  • $53Total noninterest expense
  • $1,094Salaries and employee benefits
  • $577Premises and equipment expense
  • $210Additional noninterest expense
  • $307Pre-tax net operating income
  • $619Securities gains (losses)
  • $84Applicable income taxes
  • $218Income before extraordinary items
  • $485Extraordinary gains - net
  • $0Net income attributable to bank
  • $485Net charge-offs
  • $41Cash dividends
  • $285Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.40%Cost of funding earning assets
  • 3.87%Net interest margin
  • 5.53%Noninterest income to earning assets
  • 0.91%Noninterest expense to earning assets
  • 3.95%Net operating income to assets
  • 1.36%Return on assets (ROA)
  • 1.54%Pretax return on assets
  • 2.23%Return on equity (ROE)
  • 19.37%Retained earnings to average equity (YTD only)
  • 7.99%Net charge-offs to loans
  • 0.19%Credit loss provision to net charge-offs
  • 175.61%Efficiency ratio
  • 61,289Assets per employee
  • 1.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 58.76%Loss allowance to loans
  • 1.60%Loss allowance to noncurrent loans
  • 432.53%Noncurrent assets plus other real estate owned to assets
  • 0.64%Noncurrent loans to loans
  • 0.37%Net loans and leases to deposits
  • 73.17%Net loans and leases to core deposits
  • 93.58%Equity capital to assets
  • 7.84%Core capital (leverage) ratio
  • 8.04%Tier 1 risk-based capital ratio
  • 11.49%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $31,470Average earning assets
  • $2,503Average equity
  • $27,710Average loans

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