Rayne State Bank & Trust Company in Rayne, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Rayne State Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 16075
    Status: Active
    Federal Reserve ID: 900034
    Bank Holding Company (Regulatory Top Holder): Financial Corporation Of Louisiana (RSSDID: 2227182, Location: Crowley, LA)
    Date Established: July 01, 1943
    WWW: http://www.bankonnet.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 12687
    FDIC's unique #: 10297
    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: July 01, 1943
    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: 200 South Adams Avenue, Rayne, LA 70578
    County: Acadia
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Lafayette, LA (#3880)
    Combined Statistical Area (CSA): Lafayette-Acadiana, LA (#318)
    Core Based Statistical Area (CBSA): Crowley, LA (#18940)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $294.4 mil
    Equity capital: $26.1 mil
    Deposits held in domestic offices: $263.6 mil
    Return on assets (ROA): 1.56% ($4.6 mil)
    Quarterly return on assets: 1.48% ($4.4 mil)
    Return on Equity (ROE): 16.91% ($4.4 mil)
    Quarterly return on equity: 16.41% ($4.3 mil)
    Net income: $4.2 mil
    Quarterly Net income: $1.1 mil
    Pretax return on assets: 1.56% ($4,593.0 mil)
    Quarterly Pretax return on assets: 1.48% ($4,357.4 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
  • 74Total employees (full-time equivalent)
  • $294,422Total assets
  • $36,979Cash and due from depository institutions
  • $27,854Interest-bearing balances
  • $54,133Securities
  • $7,540Federal funds sold & reverse repurchase agreements
  • $183,598Net loans & leases
  • $2,229Loan loss allowance
  • $0Trading account assets
  • $4,584Bank premises and fixed assets
  • $166Other real estate owned
  • $0Goodwill and other intangibles
  • $294,422Life insurance assets
  • $7,422All other assets
  • $268,334Total liabilities and capital
  • $263,637Total liabilities
  • $178,152Total deposits
  • $263,637Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,960Trading liabilities
  • $0Other borrowed funds
  • $1,737Subordinated debt
  • $26,088All other liabilities
  • $26,088Total equity capital
  • $26,088Total bank equity capital
  • $0Perpetual preferred stock
  • $550Common stock
  • $9,450Surplus
  • $16,088Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $150Income earned, not collected on loans
  • $0Earning assets
  • $1,041Long-term assets (5+ years)
  • $273,125Average Assets, year-to-date
  • $62,818Average Assets, quarterly
  • $270,758Volatile liabilities
  • $287,355Insider loans
  • $202,319FHLB advances
  • $288,240Loans and leases held for sale
  • $4,714Unused loan commitments
  • $4,714Tier 1 (core) risk-based capital
  • $25,127Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $40,282Restructured Loans and leases
  • $3,028Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,169Total interest income
  • $1,780Total interest expense
  • $11,389Net interest income
  • $510Provision for loan and lease losses
  • $1,698Total noninterest income
  • $1Fiduciary activities
  • $1,155Service charges on deposit accounts
  • $0Trading account gains & fees
  • $542Additional noninterest income
  • $8,363Total noninterest expense
  • $5,025Salaries and employee benefits
  • $1,494Premises and equipment expense
  • $1,844Additional noninterest expense
  • $4,214Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $4,214Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,214Net income attributable to bank
  • $0Net charge-offs
  • $4,214Cash dividends
  • $92Sale, conversion, retirement of capital stock, net
  • $1,895Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.23%Yield on earning assets
  • 0.71%Cost of funding earning assets
  • 4.52%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 3.32%Noninterest expense to earning assets
  • 1.56%Net operating income to assets
  • 1.56%Return on assets (ROA)
  • 1.56%Pretax return on assets
  • 16.91%Return on equity (ROE)
  • 9.31%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 554.35%Credit loss provision to net charge-offs
  • 51.35%Efficiency ratio
  • 63,903Assets per employee
  • 3.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 44.97%Loss allowance to loans
  • 1.20%Loss allowance to noncurrent loans
  • 1486.00%Noncurrent assets plus other real estate owned to assets
  • 0.11%Noncurrent loans to loans
  • 0.08%Net loans and leases to deposits
  • 69.64%Net loans and leases to core deposits
  • 73.72%Equity capital to assets
  • 8.86%Core capital (leverage) ratio
  • 8.72%Tier 1 risk-based capital ratio
  • 12.42%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $270,758Average earning assets
  • $24,921Average equity
  • $251,691Average 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
  • $276Managed Assets
  • 1Number of Accounts
  • $276Personal trust and agency accounts
  • $276Employee 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
  • 2Number 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
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 7 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010297Rayne State Bank & Trust Company200 South Adams Avenue, Rayne, LA 70578July 01, 1943Full Service Brick and Mortar
    2237211University Branch410 West University Avenue, Lafayette, LA 70501November 01, 1994Full Service Brick and Mortar
    3237212Rayne Motor Branch200 Gabriels Alley, Rayne, LA 70578August 05, 1996Limited Service Facility
    4237213Kaliste Saloom Branch410 Kaliste Saloom Road, Lafayette, LA 70508April 08, 1997Full Service Brick and Mortar
    5237214Carencro Branch4200 N. University Avenue, Carencro, LA 70520October 14, 1998Full Service Brick and Mortar
    6366120Church Point Branch741.5 South Main Street, Church Point, LA 70525January 15, 2003Full Service Brick and Mortar
    7432622Guilbeau Branch503 Guilbeau Road, Lafayette, LA 70506October 18, 2004Full Service Brick and Mortar

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