SouthTrust Bank, National Association in Montgomery, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 13, 1995

  • SouthTrust Bank, National Association in Montgomery, Alabama (AL)
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SouthTrust Bank, National Association - Overview

  • General
  • FDIC Certificate #: 19312
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SouthTrust Bank (#849)
    Federal Reserve ID: 582533
    Date Established: December 14, 1964
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 19 (Interstate: No)
    OTS Docket #: 10921
    FDIC's unique #: 13125
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: December 14, 1964
    Last Structure Change Effective Date: January 13, 1995
    Last Structure Change Process Date: January 27, 1995
    Last Data Update: January 27, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 2895 Eastern Boulevard, Montgomery, AL 36116
    County: Montgomery
    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)
  • Financial Summary
  • Total assets: $514.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $208Total assets
  • $514,722Cash and due from depository institutions
  • $30,805Interest-bearing balances
  • $3,060Securities
  • $105,047Federal funds sold & reverse repurchase agreements
  • $3,500Net loans & leases
  • $351,754Loan loss allowance
  • $4,594Trading account assets
  • $0Bank premises and fixed assets
  • $15,236Other real estate owned
  • $208Goodwill and other intangibles
  • $6,287Life insurance assets
  • $1,885All other assets
  • $0Total liabilities and capital
  • $514,722Total liabilities
  • $481,882Total deposits
  • $412,786Interest-bearing deposits
  • $340,929Deposits held in domestic offices
  • 412786.00%% insured (estimated)
  • $62Federal funds purchased & repurchase agreements
  • $57,552Trading liabilities
  • $0Other borrowed funds
  • $4,596Subordinated debt
  • $4,000All other liabilities
  • $2,948Total equity capital
  • $2,948Total bank equity capital
  • $32,840Perpetual preferred stock
  • $0Common stock
  • $418Surplus
  • $8,955Undivided profits
  • Memoranda
  • $23,467Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $992Income earned, not collected on loans
  • $2,544Earning assets
  • $463,361Long-term assets (5+ years)
  • $74,044Average Assets, year-to-date
  • $500,738Average Assets, quarterly
  • $517,884Volatile liabilities
  • $100,541Insider loans
  • $10,946FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $91,821Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $32,311Total risk weighted assets
  • $375,597Total unused commitments
  • $0Restructured Loans and leases
  • $25,000Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $34,578Total interest expense
  • $15,337Net interest income
  • $19,241Provision for loan and lease losses
  • $1,125Total noninterest income
  • $4,333Fiduciary activities
  • $0Service charges on deposit accounts
  • $3,837Trading account gains & fees
  • $0Additional noninterest income
  • $496Total noninterest expense
  • $13,952Salaries and employee benefits
  • $6,300Premises and equipment expense
  • $1,167Additional noninterest expense
  • $6,485Pre-tax net operating income
  • $8,497Securities gains (losses)
  • -$3Applicable income taxes
  • $2,765Income before extraordinary items
  • $5,729Extraordinary gains - net
  • $0Net income attributable to bank
  • $5,729Net charge-offs
  • $460Cash dividends
  • $3,135Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.61%Cost of funding earning assets
  • 3.38%Net interest margin
  • 4.24%Noninterest income to earning assets
  • 0.95%Noninterest expense to earning assets
  • 3.07%Net operating income to assets
  • 1.14%Return on assets (ROA)
  • 1.14%Pretax return on assets
  • 1.70%Return on equity (ROE)
  • 17.60%Retained earnings to average equity (YTD only)
  • 7.97%Net charge-offs to loans
  • 0.14%Credit loss provision to net charge-offs
  • 244.57%Efficiency ratio
  • 58,191Assets per employee
  • 2.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.72%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 463.10%Noncurrent assets plus other real estate owned to assets
  • 0.23%Noncurrent loans to loans
  • 0.28%Net loans and leases to deposits
  • 85.21%Net loans and leases to core deposits
  • 93.95%Equity capital to assets
  • 6.38%Core capital (leverage) ratio
  • 6.29%Tier 1 risk-based capital ratio
  • 8.60%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $500,738Average earning assets
  • $32,544Average equity
  • $454,233Average loans

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