River Bank & Trust in Prattville, Alabama (AL)



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River Bank & Trust routing number info

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River Bank & Trust
GeneralFDIC Certificate #: 58255
Status: Active
Federal Reserve ID: 3437157
Date Established: April 03, 2006
WWW: http://www.riverbankandtrust.com
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 #: 444616
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: Commercial Lending Specialization
Date of Deposit Insurance: April 03, 2006
Last Structure Change Effective Date: April 03, 2006
Last Structure Change Process Date: April 06, 2006
Last Data Update: April 06, 2006
Data Source Date: April 05, 2012
LocationAddress: 2611 Legends Drive, Prattville, AL 36066
County: Autauga
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
Metropolitan Statistical Area (MSA): Montgomery, AL (#5240)
Combined Statistical Area (CSA): Montgomery-Alexander City, AL (#388)
Core Based Statistical Area (CBSA): Montgomery, AL (#33860)
CBSA Metro Statistical Area: Montgomery, AL (#33860)
History of ChangesNew Institution
Change in Geographic Region/Area/Territory/Field Office
Financial SummaryTotal assets: $373.1 mil
Equity capital: $36.1 mil
Deposits held in domestic offices: $329.8 mil
Return on assets (ROA): 0.62% ($2.3 mil)
Quarterly return on assets: 0.74% ($2.8 mil)
Return on Equity (ROE): 6.49% ($2.3 mil)
Quarterly return on equity: 7.52% ($2.7 mil)
Net income: $2.2 mil
Quarterly Net income: $0.7 mil
Pretax return on assets: 0.95% ($3,544.8 mil)
Quarterly Pretax return on assets: 1.12% ($4,179.1 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)61
Total assets$373,135
Cash and due from depository institutions$17,474
Interest-bearing balances$6,848
Securities$111,227
Federal funds sold & reverse repurchase agreements$8,760
Net loans & leases$212,302
Loan loss allowance $3,791
Trading account assets$0
Bank premises and fixed assets$12,951
Other real estate owned$1,360
Goodwill and other intangibles$0
All other assets$9,061
Life insurance assets$373,135
Total liabilities and capital$337,024
Total liabilities$329,846
Total deposits$276,742
Interest-bearing deposits$329,846
Deposits held in domestic offices$82
% insured (estimated)6627.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $551
All other liabilities $36,111
Total equity capital$36,111
Total bank equity capital$36,111
Perpetual preferred stock$0
Common stock$3,044
Surplus$28,938
Undivided profits $4,129
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $178
Income earned, not collected on loans $870
Earning assets $0
Long-term assets (5+ years) $1,425
Average Assets, year-to-date $339,137
Average Assets, quarterly $120,367
Volatile liabilities $358,542
Insider loans $362,259
FHLB advances $246,676
Loans and leases held for sale $361,569
Unused loan commitments $5,141
Tier 1 (core) risk-based capital $5,141
Tier 2 risk-based capital $35,744
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $38,960
Derivatives$19,898
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $15,396
Total interest expense $2,500
Net interest income $12,896
Provision for loan and lease losses $1,837
Total noninterest income $1,565
Fiduciary activities $0
Service charges on deposit accounts $648
Trading account gains & fees $0
Additional noninterest income $917
Total noninterest expense $9,265
Salaries and employee benefits $4,226
Premises and equipment expense $1,262
Additional noninterest expense $3,777
Pre-tax net operating income $3,359
Securities gains (losses) $60
Applicable income taxes $1,197
Income before extraordinary items $2,222
Extraordinary gains - net $0
Net income attributable to bank $2,222
Net charge-offs $0
Cash dividends $2,222
Sale, conversion, retirement of capital stock, net $1,617
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.74%
Cost of funding earning assets 0.77%
Net interest margin 3.97%
Noninterest income to earning assets 0.48%
Noninterest expense to earning assets 2.85%
Net operating income to assets 0.61%
Return on assets (ROA) 0.62%
Pretax return on assets 0.95%
Return on equity (ROE) 6.49%
Retained earnings to average equity (YTD only) 6.49%
Net charge-offs to loans 0.77%
Credit loss provision to net charge-offs 113.61%
Efficiency ratio3.21%
Assets per employee$64,069
Cash dividends to net income (YTD only)6.12%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.75%
Noncurrent assets plus other real estate owned to assets 435.75%
Noncurrent loans to loans 0.60%
Net loans and leases to deposits0.40%
Net loans and leases to core deposits 64.36%
Equity capital to assets 70.45%
Core capital (leverage) ratio 9.68%
Tier 1 risk-based capital ratio 9.89%
Total risk-based capital ratio 14.49%
Memoranda
Average assets$16
Average earning assets$358,542
Average equity $34,260
Average loans $324,991
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3 Alabama Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0444616River Bank & Trust2611 Legends Drive, Prattville, AL 36066April 03, 2006Full Service Brick and Mortar
1450391Wetumpka Branch10 Cambridge Drive, Wetumpka, AL 36093April 03, 2006Full Service Brick and Mortar
2465943East Montgomery Branch7075 Halcyon Park Dr., Montgomery, AL 36117July 05, 2006Full Service Brick and Mortar
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