South Louisiana Business Bank in Prairieville, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 03, 2011

  • South Louisiana Business Bank in Prairieville, Louisiana (LA)
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South Louisiana Business Bank - Overview

  • General
  • FDIC Certificate #: 58704
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Investar Bank (#58316)
    Federal Reserve ID: 3798278
    Date Established: July 01, 2008
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 463210
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 01, 2008
    Last Structure Change Effective Date: October 03, 2011
    Last Structure Change Process Date: October 14, 2011
    Last Data Update: October 14, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 38567 Hwy 42, Prairieville, LA 70769
    County: Ascension
    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): Baton Rouge, LA (#760)
    Combined Statistical Area (CSA): Baton Rouge-Pierre Part, LA (#132)
    Core Based Statistical Area (CBSA): Baton Rouge, LA (#12940)
    CBSA Metro Statistical Area: Baton Rouge, LA (#12940)
  • Financial Summary
  • Total assets: $50.7 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, 2010)

  • Dollar figures in thousands
  • 10Total employees (full-time equivalent)
  • $46,047Total assets
  • $11,853Cash and due from depository institutions
  • $11,083Interest-bearing balances
  • $2,840Securities
  • $1,000Federal funds sold & reverse repurchase agreements
  • $27,958Net loans & leases
  • $367Loan loss allowance
  • $0Trading account assets
  • $832Bank premises and fixed assets
  • $305Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,259All other assets
  • $46,047Total liabilities and capital
  • $33,811Total liabilities
  • $33,752Total deposits
  • $29,946Interest-bearing deposits
  • $33,752Deposits held in domestic offices
  • 95.74%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1Other borrowed funds
  • $0Subordinated debt
  • $58All other liabilities
  • $12,236Total equity capital
  • $12,236Total bank equity capital
  • $12,236Perpetual preferred stock
  • $0Common stock
  • $1,425Surplus
  • $12,947Undivided profits
  • Memoranda
  • $-2,136Noncurrent loans and leases
  • $1,658Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $116Average Assets, year-to-date
  • $42,881Average Assets, quarterly
  • $1,833Volatile liabilities
  • $44,705Insider loans
  • $45,678FHLB advances
  • $7,252Loans and leases held for sale
  • $1,461Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,658Total unused commitments
  • $0Restructured Loans and leases
  • $367Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $1,753Total interest income
  • $671Total interest expense
  • $1,082Net interest income
  • $150Provision for loan and lease losses
  • $27Total noninterest income
  • $0Fiduciary activities
  • $26Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1Additional noninterest income
  • $1,604Total noninterest expense
  • $957Salaries and employee benefits
  • $188Premises and equipment expense
  • $459Additional noninterest expense
  • -$645Pre-tax net operating income
  • $0Securities gains (losses)
  • -$226Applicable income taxes
  • -$419Income before extraordinary items
  • $0Extraordinary gains - net
  • -$419Net income attributable to bank
  • $0Net charge-offs
  • -$419Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.20%Yield on earning assets
  • 1.61%Cost of funding earning assets
  • 2.59%Net interest margin
  • 0.06%Noninterest income to earning assets
  • 3.84%Noninterest expense to earning assets
  • -0.94%Net operating income to assets
  • -0.94%Return on assets (ROA)
  • -1.44%Pretax return on assets
  • -3.37%Return on equity (ROE)
  • -3.37%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 144,635Assets per employee
  • 4.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.30%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.66%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 82.83%Net loans and leases to core deposits
  • 105.50%Equity capital to assets
  • 26.57%Core capital (leverage) ratio
  • 25.19%Tier 1 risk-based capital ratio
  • 36.75%Total risk-based capital ratio
  • Memoranda
  • $38Average assets
  • $44,705Average earning assets
  • $12,416Average equity
  • $41,728Average loans

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