Newton County Bank in Newton, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

Newton County Bank - Overview

  • General
  • FDIC Certificate #: 9367
    Status: Active
    Federal Reserve ID: 546432
    Bank Holding Company (Regulatory Top Holder): Newton County Bancorporation, Inc. Employee Stock Ownership Plan (RSSDID: 1137556, Location: Newton, MS)
    Date Established: September 04, 1912
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 10752
    FDIC's unique #: 6016
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    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: 114 East Church Street, Newton, MS 39345
    County: Newton
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Jackson Ms
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $154.5 mil
    Equity capital: $18.7 mil
    Deposits held in domestic offices: $133.0 mil
    Return on assets (ROA): 0.82% ($1.3 mil)
    Quarterly return on assets: 0.91% ($1.4 mil)
    Return on Equity (ROE): 6.85% ($1.3 mil)
    Quarterly return on equity: 7.51% ($1.4 mil)
    Net income: $1.3 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.82% ($1,266.7 mil)
    Quarterly Pretax return on assets: 0.91% ($1,405.8 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
  • 43Total employees (full-time equivalent)
  • $154,479Total assets
  • $10,789Cash and due from depository institutions
  • $6,362Interest-bearing balances
  • $35,170Securities
  • $7,100Federal funds sold & reverse repurchase agreements
  • $92,866Net loans & leases
  • $1,070Loan loss allowance
  • $0Trading account assets
  • $1,316Bank premises and fixed assets
  • $73Other real estate owned
  • $0Goodwill and other intangibles
  • $154,479Life insurance assets
  • $7,165All other assets
  • $135,746Total liabilities and capital
  • $132,979Total liabilities
  • $112,373Total deposits
  • $132,979Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,000Trading liabilities
  • $0Other borrowed funds
  • $1,767Subordinated debt
  • $18,733All other liabilities
  • $18,733Total equity capital
  • $18,733Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $10,000Surplus
  • $8,233Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $919Income earned, not collected on loans
  • $0Earning assets
  • $842Long-term assets (5+ years)
  • $141,498Average Assets, year-to-date
  • $21,937Average Assets, quarterly
  • $152,785Volatile liabilities
  • $153,498Insider loans
  • $126,718FHLB advances
  • $152,627Loans and leases held for sale
  • $5,419Unused loan commitments
  • $5,419Tier 1 (core) risk-based capital
  • $19,431Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $3,377Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,935Total interest income
  • $875Total interest expense
  • $6,060Net interest income
  • $157Provision for loan and lease losses
  • $1,423Total noninterest income
  • $0Fiduciary activities
  • $1,029Service charges on deposit accounts
  • $0Trading account gains & fees
  • $394Additional noninterest income
  • $5,639Total noninterest expense
  • $3,480Salaries and employee benefits
  • $936Premises and equipment expense
  • $1,223Additional noninterest expense
  • $1,687Pre-tax net operating income
  • -$437Securities gains (losses)
  • $0Applicable income taxes
  • $1,250Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,250Net income attributable to bank
  • $0Net charge-offs
  • $1,250Cash dividends
  • $17Sale, conversion, retirement of capital stock, net
  • $600Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.96%Yield on earning assets
  • 0.63%Cost of funding earning assets
  • 4.33%Net interest margin
  • 1.02%Noninterest income to earning assets
  • 4.03%Noninterest expense to earning assets
  • 1.10%Net operating income to assets
  • 0.82%Return on assets (ROA)
  • 0.82%Pretax return on assets
  • 6.85%Return on equity (ROE)
  • 3.56%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 923.53%Credit loss provision to net charge-offs
  • 108.47%Efficiency ratio
  • 75,357Assets per employee
  • 3.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.00%Loss allowance to loans
  • 1.14%Loss allowance to noncurrent loans
  • 116.43%Noncurrent assets plus other real estate owned to assets
  • 3.85%Noncurrent loans to loans
  • 0.98%Net loans and leases to deposits
  • 69.84%Net loans and leases to core deposits
  • 71.63%Equity capital to assets
  • 12.13%Core capital (leverage) ratio
  • 12.73%Tier 1 risk-based capital ratio
  • 15.33%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $152,785Average earning assets
  • $18,236Average equity
  • $139,803Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $119Managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 9Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $119Other retirement accounts
  • $119Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 6 Mississippi Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06016Newton County Bank114 East Church Street, Newton, MS 39345September 04, 1912Full Service Brick and Mortar
    1219998Hickory BranchMain Street, Hickory, MS 39332September 02, 1943Full Service Brick and Mortar
    2219999Lake BranchFront Street, Lake, MS 39092March 17, 1944Full Service Brick and Mortar
    3220000Louin BranchHighway 15 South (East Side), Louin, MS 39338December 31, 1958Full Service Brick and Mortar
    4220001Scanlan Street Drive-In BranchScanlan And Richardson Streets, Newton, MS 39345September 21, 1970Limited Service Facility
    6452039Highway 15 Branch292 Eastside Drive, Newton, MS 39345June 23, 2006Full Service Brick and Mortar

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