Simmons First Bank of South Arkansas in Lake Village, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Simmons First Bank of South Arkansas in Lake Village, Arkansas (AR)
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Simmons First Bank of South Arkansas - Overview

  • General
  • FDIC Certificate #: 18590
    Status: Active
    Federal Reserve ID: 355746
    Bank Holding Company (Regulatory Top Holder): Simmons First National Corporation (RSSDID: 1094828, Location: Pine Bluff, AR)
    Date Established: September 19, 1962
    WWW: http://www.simmonsfirst.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 12476
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: September 19, 1962
    Last Structure Change Effective Date: December 16, 2010
    Last Structure Change Process Date: January 04, 2011
    Last Data Update: January 04, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 417 Main Street, Lake Village, AR 71653
    County: Chicot
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Change in Primary Regulatory Agency
    Change in Supervisory Agency
    Institution Becomes a Member of FRS (Federal Reserve System)
  • Financial Summary
  • Total assets: $190.7 mil
    Equity capital: $17.3 mil
    Deposits held in domestic offices: $162.7 mil
    Return on assets (ROA): 1.53% ($2.9 mil)
    Quarterly return on assets: 1.37% ($2.6 mil)
    Return on Equity (ROE): 15.93% ($2.7 mil)
    Quarterly return on equity: 14.75% ($2.5 mil)
    Net income: $2.7 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 2.23% ($4,253.2 mil)
    Quarterly Pretax return on assets: 1.99% ($3,795.5 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
  • 42Total employees (full-time equivalent)
  • $190,727Total assets
  • $49,117Cash and due from depository institutions
  • $41,737Interest-bearing balances
  • $50,907Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $81,168Net loans & leases
  • $1,529Loan loss allowance
  • $0Trading account assets
  • $3,357Bank premises and fixed assets
  • $0Other real estate owned
  • $1,357Goodwill and other intangibles
  • $190,727Life insurance assets
  • $4,821All other assets
  • $173,476Total liabilities and capital
  • $162,715Total liabilities
  • $111,111Total deposits
  • $162,715Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 1625.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $7,985Trading liabilities
  • $0Other borrowed funds
  • $1,151Subordinated debt
  • $17,251All other liabilities
  • $17,251Total equity capital
  • $17,251Total bank equity capital
  • $0Perpetual preferred stock
  • $15Common stock
  • $5,105Surplus
  • $12,131Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $63Income earned, not collected on loans
  • $0Earning assets
  • $1,242Long-term assets (5+ years)
  • $173,812Average Assets, year-to-date
  • $36,628Average Assets, quarterly
  • $176,418Volatile liabilities
  • $185,255Insider loans
  • $95,498FHLB advances
  • $190,296Loans and leases held for sale
  • $2,209Unused loan commitments
  • $1,793Tier 1 (core) risk-based capital
  • $16,255Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $416Total unused commitments
  • $23,216Restructured Loans and leases
  • $7,256Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,477Total interest income
  • $992Total interest expense
  • $5,485Net interest income
  • $197Provision for loan and lease losses
  • $2,228Total noninterest income
  • $0Fiduciary activities
  • $1,721Service charges on deposit accounts
  • $0Trading account gains & fees
  • $507Additional noninterest income
  • $3,574Total noninterest expense
  • $2,059Salaries and employee benefits
  • $472Premises and equipment expense
  • $1,043Additional noninterest expense
  • $3,942Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,246Applicable income taxes
  • $2,696Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,696Net income attributable to bank
  • $0Net charge-offs
  • $2,696Cash dividends
  • $134Sale, conversion, retirement of capital stock, net
  • $1,995Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.13%Yield on earning assets
  • 0.63%Cost of funding earning assets
  • 3.50%Net interest margin
  • 1.42%Noninterest income to earning assets
  • 2.28%Noninterest expense to earning assets
  • 1.53%Net operating income to assets
  • 1.53%Return on assets (ROA)
  • 2.23%Pretax return on assets
  • 15.93%Return on equity (ROE)
  • 4.14%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 147.01%Credit loss provision to net charge-offs
  • 30.89%Efficiency ratio
  • 46,273Assets per employee
  • 4.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 74.00%Loss allowance to loans
  • 1.85%Loss allowance to noncurrent loans
  • 2426.98%Noncurrent assets plus other real estate owned to assets
  • 0.03%Noncurrent loans to loans
  • 0.08%Net loans and leases to deposits
  • 49.88%Net loans and leases to core deposits
  • 53.34%Equity capital to assets
  • 9.04%Core capital (leverage) ratio
  • 8.54%Tier 1 risk-based capital ratio
  • 17.02%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $176,418Average earning assets
  • $16,921Average equity
  • $156,819Average loans

List of branches

  • 5 Arkansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012476Simmons First Bank Of South Arkansas417 Main Street, Lake Village, AR 71653September 19, 1962Full Service Brick and Mortar
    1264408Dermott Branch108 East Speedway, Dermott, AR 71638January 01, 1920Full Service Brick and Mortar
    214841Simmons First Bank Of Dumas BranchHighway 65 Near Highway 54, Dumas, AR 71639March 04, 1974Full Service Brick and Mortar
    345523Monticello BranchMain Street, Monticello, AR 71655July 27, 1989Full Service Brick and Mortar
    4419446Lake Village Highway Branch728 Highway 65 & 82 South, Lake Village, AR 71653July 17, 2002Full Service Brick and Mortar

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