Planters Bank & Trust Company in Indianola, Mississippi (MS)

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Planters Bank & Trust Company routing number info

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Planters Bank & Trust Company
GeneralFDIC Certificate #: 8235
Status: Active
Federal Reserve ID: 972648
Bank Holding Company (Regulatory Top Holder): Planters Holding Company (RSSDID: 1096484, Location: Indianola, MS)
Date Established: April 10, 1920
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 15 (Domestic: 15, Interstate: No)
OTS Docket #: 9989
FDIC's unique #: 5252
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: No
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 06, 2008
Last Structure Change Process Date: December 09, 2008
Last Data Update: December 09, 2008
Data Source Date: April 05, 2012
LocationAddress: 212 Catchings Street, Indianola, MS 38751
County: Sunflower
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
Core Based Statistical Area (CBSA): Indianola, MS (#26940)
CBSA Micro Statistical Area: Yes
History of ChangesParticipated in Absorption/Consolidation/Merger
Financial SummaryTotal assets: $662.1 mil
Equity capital: $59.5 mil
Deposits held in domestic offices: $597.1 mil
Return on assets (ROA): 1.23% ($8.1 mil)
Quarterly return on assets: 1.15% ($7.6 mil)
Return on Equity (ROE): 13.61% ($8.2 mil)
Quarterly return on equity: 12.41% ($7.4 mil)
Net income: $8.0 mil
Quarterly Net income: $1.9 mil
Pretax return on assets: 1.70% ($11,255.9 mil)
Quarterly Pretax return on assets: 1.60% ($10,593.8 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)
Total employees (full-time equivalent)158
Total assets$662,110
Cash and due from depository institutions$29,595
Interest-bearing balances$5,786
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$348,036
Loan loss allowance $5,836
Trading account assets$0
Bank premises and fixed assets$11,978
Other real estate owned$1,076
Goodwill and other intangibles$306
All other assets$18,406
Life insurance assets$662,110
Total liabilities and capital$602,588
Total liabilities$597,095
Total deposits$479,612
Interest-bearing deposits$597,095
Deposits held in domestic offices$78
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$3,127
Other borrowed funds $0
Subordinated debt $2,366
All other liabilities $59,522
Total equity capital$59,522
Total bank equity capital$59,522
Perpetual preferred stock$0
Common stock$500
Undivided profits $5,372
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $85
Income earned, not collected on loans $5,445
Earning assets $0
Long-term assets (5+ years) $5,364
Average Assets, year-to-date $606,535
Average Assets, quarterly $145,213
Volatile liabilities $649,203
Insider loans $659,345
FHLB advances $402,748
Loans and leases held for sale $661,927
Unused loan commitments $9,822
Tier 1 (core) risk-based capital $8,932
Tier 2 risk-based capital $54,614
Total risk weighted assets $0
Total unused commitments $890
Restructured Loans and leases $51,561
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $27,629
Total interest expense $5,146
Net interest income $22,483
Provision for loan and lease losses $898
Total noninterest income $5,794
Fiduciary activities $0
Service charges on deposit accounts $4,070
Trading account gains & fees $0
Additional noninterest income $1,724
Total noninterest expense $16,409
Salaries and employee benefits $8,817
Premises and equipment expense $1,904
Additional noninterest expense $5,688
Pre-tax net operating income $10,970
Securities gains (losses) $85
Applicable income taxes $3,083
Income before extraordinary items $7,972
Extraordinary gains - net $0
Net income attributable to bank $7,972
Net charge-offs $0
Cash dividends $7,972
Sale, conversion, retirement of capital stock, net $715
Net operating income $5,100
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.63%
Cost of funding earning assets 0.86%
Net interest margin 3.77%
Noninterest income to earning assets 0.97%
Noninterest expense to earning assets 2.75%
Net operating income to assets 1.22%
Return on assets (ROA) 1.23%
Pretax return on assets 1.70%
Return on equity (ROE) 13.61%
Retained earnings to average equity (YTD only) 4.90%
Net charge-offs to loans 0.20%
Credit loss provision to net charge-offs 125.59%
Efficiency ratio16.60%
Assets per employee$57,941
Cash dividends to net income (YTD only)4.19%
Condition Ratios (%)
Loss allowance to loans 63.97%
Loss allowance to noncurrent loans 1.65%
Noncurrent assets plus other real estate owned to assets 107.18%
Noncurrent loans to loans 0.98%
Net loans and leases to deposits1.54%
Net loans and leases to core deposits 58.29%
Equity capital to assets 64.72%
Core capital (leverage) ratio 8.99%
Tier 1 risk-based capital ratio 8.25%
Total risk-based capital ratio 13.56%
Average assets$15
Average earning assets$649,203
Average equity $58,573
Average loans $596,442
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Total Fiduciary and Related Assets (December 31, 2009)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$46
Number of Accounts1
Personal trust and agency accounts$46
Employee benefit-defined contribution accounts$46
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts1
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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15 Mississippi Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
05252Planters Bank & Trust Company212 Catchings Street, Indianola, MS 38751April 10, 1920Full Service Brick and Mortar
1218155Ruleville Branch118 North Ruby Avenue, Ruleville, MS 38771July 01, 1940Full Service Brick and Mortar
2218156Downtown Branch104 Front Avenue, Indianola, MS 38751July 12, 1963Full Service Brick and Mortar
3218157Louise BranchHighway 49 And West Silver Creek Road, Louise, MS 39097August 01, 1955Full Service Brick and Mortar
4218158Sunflower Branch100 Quiver Street, Sunflower, MS 38778December 31, 1941Full Service Brick and Mortar
5218159Greenville BranchHinds Street And Washington Avenue, Greenville, MS 38701October 06, 1969Full Service Brick and Mortar
6218160South Greenville Branch1645 Highway One South, Greenville, MS 38701December 13, 1979Full Service Brick and Mortar
77303Inverness Branch800 East Grand Avenue, Inverness, MS 38753May 03, 1904Full Service Brick and Mortar
9218161Highway 82 Express Branch521 East Early Street, Indianola, MS 38751May 08, 1995Full Service Brick and Mortar
10218162South Main Street Branch1417 South Main Street, Greenville, MS 38701September 18, 1996Full Service Brick and Mortar
11218163Cleveland Branch428 North Davis Avenue, Cleveland, MS 38732July 07, 1997Full Service Brick and Mortar
12218164Greenwood Branch915 Medallion Drive, Greenwood, MS 38930May 05, 1999Full Service Brick and Mortar
13218165Leland Branch1002 Highway 82 East, Leland, MS 38756August 20, 1999Full Service Brick and Mortar
14360010Greenwood Market Street Branch116 West Market Street, Greenwood, MS 38930August 10, 2000Full Service Brick and Mortar
1540829Cleveland Community Bank Branch210 North Street, Cleveland, MS 38732January 01, 1914Full Service Brick and Mortar
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