Peterman State Bank in Peterman, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 15, 1998

  • Peterman State Bank in Peterman, Alabama (AL)
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Peterman State Bank - Overview

  • General
  • FDIC Certificate #: 13831
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Monroe County Bank (#9611)
    Federal Reserve ID: 524533
    Date Established: Febuary 02, 1934
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 8645
    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: Febuary 02, 1934
    Last Structure Change Effective Date: May 15, 1998
    Last Structure Change Process Date: June 08, 1998
    Last Data Update: June 08, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 905 Old Peterman Highway, Peterman, AL 36471
    County: Monroe
    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
  • Financial Summary
  • Total assets: $17.6 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
  • 11Total employees (full-time equivalent)
  • $17,095Total assets
  • $1,197Cash and due from depository institutions
  • $0Interest-bearing balances
  • $3,854Securities
  • $4,250Federal funds sold & reverse repurchase agreements
  • $7,046Net loans & leases
  • $288Loan loss allowance
  • $0Trading account assets
  • $225Bank premises and fixed assets
  • $77Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $446All other assets
  • $17,095Total liabilities and capital
  • $15,202Total liabilities
  • $15,105Total deposits
  • $13,433Interest-bearing deposits
  • $15,105Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $97All other liabilities
  • $1,893Total equity capital
  • $1,893Total bank equity capital
  • $1,893Perpetual preferred stock
  • $0Common stock
  • $75Surplus
  • $75Undivided profits
  • Memoranda
  • $1,743Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $129Earning assets
  • $0Long-term assets (5+ years)
  • $194Average Assets, year-to-date
  • $15,150Average Assets, quarterly
  • $443Volatile liabilities
  • $19,120Insider loans
  • $17,920FHLB advances
  • $2,177Loans and leases held for sale
  • $460Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $243Total unused commitments
  • $0Restructured Loans and leases
  • $8,896Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $1,281Total interest income
  • $641Total interest expense
  • $640Net interest income
  • $201Provision for loan and lease losses
  • $74Total noninterest income
  • $0Fiduciary activities
  • $64Service charges on deposit accounts
  • $0Trading account gains & fees
  • $10Additional noninterest income
  • $770Total noninterest expense
  • $302Salaries and employee benefits
  • $80Premises and equipment expense
  • $388Additional noninterest expense
  • -$257Pre-tax net operating income
  • $0Securities gains (losses)
  • -$93Applicable income taxes
  • -$164Income before extraordinary items
  • $0Extraordinary gains - net
  • -$164Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $10Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.64%Yield on earning assets
  • 3.82%Cost of funding earning assets
  • 3.82%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 4.59%Noninterest expense to earning assets
  • -0.86%Net operating income to assets
  • -0.86%Return on assets (ROA)
  • -1.34%Pretax return on assets
  • -8.05%Return on equity (ROE)
  • -8.05%Retained earnings to average equity (YTD only)
  • 0.12%Net charge-offs to loans
  • 2010.00%Credit loss provision to net charge-offs
  • -5.60%Efficiency ratio
  • 107,843Assets per employee
  • 1.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.93%Loss allowance to noncurrent loans
  • 223.26%Noncurrent assets plus other real estate owned to assets
  • 1.21%Noncurrent loans to loans
  • 1.76%Net loans and leases to deposits
  • 46.65%Net loans and leases to core deposits
  • 54.50%Equity capital to assets
  • 11.07%Core capital (leverage) ratio
  • 10.30%Tier 1 risk-based capital ratio
  • 21.22%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $19,120Average earning assets
  • $2,036Average equity
  • $16,767Average loans

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