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

This bank is inactive as of December 31, 1994

  • New South Bank in Batesville, Mississippi (MS)
  • Show street view No street view available for this location

New South Bank - Overview

  • General
  • FDIC Certificate #: 29391
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Renasant Bank (#12437)
    Federal Reserve ID: 551472
    Date Established: March 22, 1935
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 3377
    FDIC's unique #: 42225
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    SAIF Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: March 22, 1935
    Last Structure Change Effective Date: December 31, 1994
    Last Structure Change Process Date: Febuary 06, 1995
    Last Data Update: Febuary 06, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 Bates Street, Batesville, MS 38606
    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: $22.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $10Total assets
  • $20,768Cash and due from depository institutions
  • $299Interest-bearing balances
  • $209Securities
  • $837Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $18,892Loan loss allowance
  • $171Trading account assets
  • $0Bank premises and fixed assets
  • $403Other real estate owned
  • $0Goodwill and other intangibles
  • $265Life insurance assets
  • $72All other assets
  • $0Total liabilities and capital
  • $20,768Total liabilities
  • $19,006Total deposits
  • $18,968Interest-bearing deposits
  • $18,222Deposits held in domestic offices
  • 18968.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $38Total equity capital
  • $38Total bank equity capital
  • $1,762Perpetual preferred stock
  • $0Common stock
  • $75Surplus
  • $597Undivided profits
  • Memoranda
  • $1,090Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $104Income earned, not collected on loans
  • $106Earning assets
  • $19,938Long-term assets (5+ years)
  • $9,524Average Assets, year-to-date
  • $20,687Average Assets, quarterly
  • $20,596Volatile liabilities
  • $2,200Insider loans
  • $8FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $917Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,690Total risk weighted assets
  • $12,910Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,735Total interest expense
  • $667Net interest income
  • $1,068Provision for loan and lease losses
  • $20Total noninterest income
  • $290Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $290Total noninterest expense
  • $675Salaries and employee benefits
  • $330Premises and equipment expense
  • $87Additional noninterest expense
  • $258Pre-tax net operating income
  • $663Securities gains (losses)
  • -$96Applicable income taxes
  • $279Income before extraordinary items
  • $288Extraordinary gains - net
  • $0Net income attributable to bank
  • $288Net charge-offs
  • $0Cash dividends
  • $140Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.75%Cost of funding earning assets
  • 3.36%Net interest margin
  • 5.39%Noninterest income to earning assets
  • 1.46%Noninterest expense to earning assets
  • 3.40%Net operating income to assets
  • 1.69%Return on assets (ROA)
  • 1.39%Pretax return on assets
  • 2.74%Return on equity (ROE)
  • 17.36%Retained earnings to average equity (YTD only)
  • 8.92%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 47,791Assets per employee
  • 2.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.61%Loss allowance to loans
  • 0.90%Loss allowance to noncurrent loans
  • 164.42%Noncurrent assets plus other real estate owned to assets
  • 0.50%Noncurrent loans to loans
  • 0.55%Net loans and leases to deposits
  • 99.60%Net loans and leases to core deposits
  • 112.67%Equity capital to assets
  • 8.48%Core capital (leverage) ratio
  • 8.20%Tier 1 risk-based capital ratio
  • 13.09%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $20,687Average earning assets
  • $1,659Average equity
  • $19,828Average loans

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