FDIC Certificate #: 25139 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First American Bank and Trust (#8149) Federal Reserve ID: 678230 Date Established: May 21, 1984 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) OTS Docket #: 13584 FDIC's unique #: 17395 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: May 21, 1984 Last Structure Change Effective Date: July 31, 2001 Last Structure Change Process Date: September 28, 2001 Last Data Update: September 28, 2001 Data Source Date: April 05, 2012
Location
Address: 1801 Westbank Expressway, Harvey, LA 70058 County: Jefferson 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): New Orleans, LA (#5560) Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406) Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380) CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
Financial Summary
Total assets: $34.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
34Total employees (full-time equivalent)
$34,026Total assets
$2,101Cash and due from depository institutions
$103Interest-bearing balances
$4,549Securities
$913Federal funds sold & reverse repurchase agreements
$24,781Net loans & leases
$296Loan loss allowance
$0Trading account assets
$1,074Bank premises and fixed assets
$35Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$573All other assets
$34,026Total liabilities and capital
$31,684Total liabilities
$31,445Total deposits
$28,602Interest-bearing deposits
$31,445Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$239All other liabilities
$2,342Total equity capital
$2,342Total bank equity capital
$2,342Perpetual preferred stock
$0Common stock
$1,500Surplus
$750Undivided profits
Memoranda
$92Noncurrent loans and leases
$2,664Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$385Earning assets
$0Long-term assets (5+ years)
$148Average Assets, year-to-date
$30,346Average Assets, quarterly
$1,439Volatile liabilities
$34,705Insider loans
$33,878FHLB advances
$3,025Loans and leases held for sale
$237Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,664Total unused commitments
$0Restructured Loans and leases
$296Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$2,971Total interest income
$1,067Total interest expense
$1,904Net interest income
$150Provision for loan and lease losses
$648Total noninterest income
$0Fiduciary activities
$467Service charges on deposit accounts
$0Trading account gains & fees
$181Additional noninterest income
$2,643Total noninterest expense
$1,173Salaries and employee benefits
$585Premises and equipment expense
$885Additional noninterest expense
-$241Pre-tax net operating income
$0Securities gains (losses)
-$65Applicable income taxes
-$176Income before extraordinary items
$0Extraordinary gains - net
-$176Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$146Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.52%Yield on earning assets
3.42%Cost of funding earning assets
6.10%Net interest margin
2.08%Noninterest income to earning assets
8.47%Noninterest expense to earning assets
-0.51%Net operating income to assets
-0.51%Return on assets (ROA)
-0.69%Pretax return on assets
-7.30%Return on equity (ROE)
-7.30%Retained earnings to average equity (YTD only)
0.58%Net charge-offs to loans
102.74%Credit loss provision to net charge-offs
-0.62%Efficiency ratio
103,566Assets per employee
1.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.18%Loss allowance to noncurrent loans
76.88%Noncurrent assets plus other real estate owned to assets
1.23%Noncurrent loans to loans
1.54%Net loans and leases to deposits
78.81%Net loans and leases to core deposits
87.20%Equity capital to assets
6.88%Core capital (leverage) ratio
6.38%Tier 1 risk-based capital ratio
8.28%Total risk-based capital ratio
Memoranda
$9Average assets
$34,705Average earning assets
$2,409Average equity
$31,207Average loans
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