Richton Bank & Trust Company in Richton, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Richton Bank & Trust Company in Richton, Mississippi (MS)
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Richton Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 11817
    Status: Active
    Federal Reserve ID: 40033
    Bank Holding Company (Regulatory Top Holder): Centon Bancorp, Inc. (RSSDID: 2782609, Location: Richton, MS)
    Date Established: January 01, 1931
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 7560
    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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 06, 2010
    Last Structure Change Process Date: April 12, 2010
    Last Data Update: April 12, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 114 South Front Street, Richton, MS 39476
    County: Perry
    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): Hattiesburg, MS (#25620)
    CBSA Metro Statistical Area: Hattiesburg, MS (#25620)
  • Financial Summary
  • Total assets: $75.5 mil
    Equity capital: $8.2 mil
    Deposits held in domestic offices: $66.8 mil
    Return on assets (ROA): 0.36% ($0.3 mil)
    Quarterly return on assets: 0.56% ($0.4 mil)
    Return on Equity (ROE): 3.51% ($0.3 mil)
    Quarterly return on equity: 5.28% ($0.4 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.36% ($271.7 mil)
    Quarterly Pretax return on assets: 0.56% ($422.6 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
  • 22Total employees (full-time equivalent)
  • $75,473Total assets
  • $4,986Cash and due from depository institutions
  • $2,068Interest-bearing balances
  • $18,025Securities
  • $16,330Federal funds sold & reverse repurchase agreements
  • $28,592Net loans & leases
  • $418Loan loss allowance
  • $0Trading account assets
  • $2,534Bank premises and fixed assets
  • $331Other real estate owned
  • $0Goodwill and other intangibles
  • $75,472Life insurance assets
  • $4,675All other assets
  • $67,314Total liabilities and capital
  • $66,769Total liabilities
  • $55,586Total deposits
  • $66,769Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $545Subordinated debt
  • $8,158All other liabilities
  • $8,158Total equity capital
  • $8,158Total bank equity capital
  • $0Perpetual preferred stock
  • $89Common stock
  • $3,692Surplus
  • $4,377Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $223Long-term assets (5+ years)
  • $65,015Average Assets, year-to-date
  • $15,361Average Assets, quarterly
  • $79,360Volatile liabilities
  • $76,266Insider loans
  • $49,672FHLB advances
  • $76,200Loans and leases held for sale
  • $3,761Unused loan commitments
  • $3,761Tier 1 (core) risk-based capital
  • $8,825Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,805Restructured Loans and leases
  • $235Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,974Total interest income
  • $557Total interest expense
  • $2,417Net interest income
  • -$296Provision for loan and lease losses
  • $819Total noninterest income
  • $0Fiduciary activities
  • $514Service charges on deposit accounts
  • $0Trading account gains & fees
  • $305Additional noninterest income
  • $2,905Total noninterest expense
  • $1,471Salaries and employee benefits
  • $381Premises and equipment expense
  • $1,053Additional noninterest expense
  • $627Pre-tax net operating income
  • -$345Securities gains (losses)
  • $0Applicable income taxes
  • $282Income before extraordinary items
  • $0Extraordinary gains - net
  • $282Net income attributable to bank
  • $0Net charge-offs
  • $282Cash dividends
  • $13Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.34%Yield on earning assets
  • 0.81%Cost of funding earning assets
  • 3.52%Net interest margin
  • 1.19%Noninterest income to earning assets
  • 4.24%Noninterest expense to earning assets
  • 0.79%Net operating income to assets
  • 0.36%Return on assets (ROA)
  • 0.36%Pretax return on assets
  • 3.51%Return on equity (ROE)
  • 3.51%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • -2276.92%Credit loss provision to net charge-offs
  • 25.46%Efficiency ratio
  • 89,771Assets per employee
  • 3.43%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.44%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 2.10%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 42.82%Net loans and leases to core deposits
  • 43.54%Equity capital to assets
  • 10.81%Core capital (leverage) ratio
  • 11.58%Tier 1 risk-based capital ratio
  • 17.77%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $79,360Average earning assets
  • $8,031Average equity
  • $68,594Average loans

List of branches

  • 3 Mississippi Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07560Richton Bank & Trust Company114 South Front Street, Richton, MS 39476January 01, 1931Full Service Brick and Mortar
    1225735North Richton Branch809 Front Street North, Richton, MS 39476Febuary 03, 1969Limited Service Facility
    3359505Richton Bank & Trust Co., New Augusta Branch202 Pine Street West, New Augusta, MS 39462Febuary 02, 2001Full Service Brick and Mortar

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