SouthTrust Bank of Mobile in Mobile, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 13, 1995

  • SouthTrust Bank of Mobile in Mobile, Alabama (AL)
  • Show street view No street view available for this location

SouthTrust Bank of Mobile - Overview

  • General
  • FDIC Certificate #: 19439
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SouthTrust Bank (#849)
    Federal Reserve ID: 576532
    Date Established: June 03, 1965
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 15 (Interstate: No)
    OTS Docket #: 10582
    FDIC's unique #: 13240
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 03, 1965
    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: 61 St. Joseph Street, Mobile, AL 36633
    County: Mobile
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Pensacola
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Mobile, AL (#5160)
    Combined Statistical Area (CSA): Mobile-Daphne-Fairhope, AL (#380)
    Core Based Statistical Area (CBSA): Mobile, AL (#33660)
    CBSA Metro Statistical Area: Mobile, AL (#33660)
  • Financial Summary
  • Total assets: $479.5 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)
  • $168Total assets
  • $479,513Cash and due from depository institutions
  • $22,125Interest-bearing balances
  • $39Securities
  • $127,756Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $316,166Loan loss allowance
  • $3,724Trading account assets
  • $0Bank premises and fixed assets
  • $6,863Other real estate owned
  • $349Goodwill and other intangibles
  • $6,040Life insurance assets
  • $214All other assets
  • $0Total liabilities and capital
  • $479,513Total liabilities
  • $447,215Total deposits
  • $417,014Interest-bearing deposits
  • $331,036Deposits held in domestic offices
  • 417014.00%% insured (estimated)
  • $79Federal funds purchased & repurchase agreements
  • $20,650Trading liabilities
  • $0Other borrowed funds
  • $7,180Subordinated debt
  • $0All other liabilities
  • $2,371Total equity capital
  • $2,371Total bank equity capital
  • $32,298Perpetual preferred stock
  • $0Common stock
  • $10Surplus
  • $5,982Undivided profits
  • Memoranda
  • $26,306Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $569Income earned, not collected on loans
  • $2,042Earning assets
  • $443,961Long-term assets (5+ years)
  • $96,890Average Assets, year-to-date
  • $449,079Average Assets, quarterly
  • $475,636Volatile liabilities
  • $58,335Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $91,799Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $33,150Total risk weighted assets
  • $324,112Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $31,946Total interest expense
  • $12,102Net interest income
  • $19,844Provision for loan and lease losses
  • $666Total noninterest income
  • $4,125Fiduciary activities
  • $603Service charges on deposit accounts
  • $2,909Trading account gains & fees
  • $0Additional noninterest income
  • $613Total noninterest expense
  • $12,339Salaries and employee benefits
  • $5,175Premises and equipment expense
  • $1,195Additional noninterest expense
  • $5,969Pre-tax net operating income
  • $10,964Securities gains (losses)
  • -$2Applicable income taxes
  • $3,912Income before extraordinary items
  • $7,050Extraordinary gains - net
  • $0Net income attributable to bank
  • $7,050Net charge-offs
  • $450Cash dividends
  • $3,848Sale, 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
  • 7.65%Cost of funding earning assets
  • 2.90%Net interest margin
  • 4.75%Noninterest income to earning assets
  • 0.99%Noninterest expense to earning assets
  • 2.96%Net operating income to assets
  • 1.57%Return on assets (ROA)
  • 1.57%Pretax return on assets
  • 2.44%Return on equity (ROE)
  • 22.07%Retained earnings to average equity (YTD only)
  • 10.02%Net charge-offs to loans
  • 0.15%Credit loss provision to net charge-offs
  • 148.00%Efficiency ratio
  • 51,033Assets per employee
  • 2.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.58%Loss allowance to loans
  • 1.16%Loss allowance to noncurrent loans
  • 654.48%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.18%Net loans and leases to deposits
  • 75.82%Net loans and leases to core deposits
  • 82.87%Equity capital to assets
  • 6.74%Core capital (leverage) ratio
  • 7.01%Tier 1 risk-based capital ratio
  • 10.23%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $449,079Average earning assets
  • $31,948Average equity
  • $417,346Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with SouthTrust Bank of Mobile.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents