Southern National Bank at Tallulah in Tallulah, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 01, 1994

Southern National Bank at Tallulah in Tallulah, Louisiana (LA)
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Southern National Bank at Tallulah - Overview

General
FDIC Certificate #: 17357
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Capital One, National Association (#4297)
Federal Reserve ID: 703253
Date Established: September 20, 1954
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Interstate: No)
FDIC's unique #: 11366
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: September 20, 1954
Last Structure Change Effective Date: August 01, 1994
Last Structure Change Process Date: August 15, 1994
Last Data Update: August 15, 1994
Data Source Date: April 05, 2012
Location
Address: 500 East Askew, Tallulah, LA 71282
County: Madison
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Shreveport
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Core Based Statistical Area (CBSA): Tallulah, LA (#45260)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $58.6 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$29Total assets
$66,329Cash and due from depository institutions
$3,070Interest-bearing balances
$0Securities
$33,509Federal funds sold & reverse repurchase agreements
$7,775Net loans & leases
$20,626Loan loss allowance
$375Trading account assets
$0Bank premises and fixed assets
$457Other real estate owned
$5Goodwill and other intangibles
$887Life insurance assets
$0All other assets
$0Total liabilities and capital
$66,329Total liabilities
$61,038Total deposits
$60,436Interest-bearing deposits
$52,330Deposits held in domestic offices
60436.00%% insured (estimated)
$79Federal funds purchased & repurchase agreements
$140Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$462Total equity capital
$462Total bank equity capital
$5,291Perpetual preferred stock
$0Common stock
$375Surplus
$1,000Undivided profits
Memoranda
$3,916Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$55Income earned, not collected on loans
$250Earning assets
$61,910Long-term assets (5+ years)
$7,974Average Assets, year-to-date
$65,045Average Assets, quarterly
$64,684Volatile liabilities
$13,071Insider loans
$1,037FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,570Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,291Total risk weighted assets
$25,874Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$4,420Total interest expense
$1,660Net interest income
$2,760Provision for loan and lease losses
-$312Total noninterest income
$620Fiduciary activities
$0Service charges on deposit accounts
$416Trading account gains & fees
$0Additional noninterest income
$204Total noninterest expense
$1,927Salaries and employee benefits
$989Premises and equipment expense
$313Additional noninterest expense
$625Pre-tax net operating income
$1,765Securities gains (losses)
$18Applicable income taxes
$488Income before extraordinary items
$1,295Extraordinary gains - net
$0Net income attributable to bank
$1,295Net charge-offs
-$67Cash dividends
$4,300Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.25%Cost of funding earning assets
2.72%Net interest margin
4.52%Noninterest income to earning assets
1.02%Noninterest expense to earning assets
3.16%Net operating income to assets
1.97%Return on assets (ROA)
1.99%Pretax return on assets
2.74%Return on equity (ROE)
17.70%Retained earnings to average equity (YTD only)
-41.07%Net charge-offs to loans
-0.33%Credit loss provision to net charge-offs
465.67%Efficiency ratio
57,012Assets per employee
2.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
332.05%Loss allowance to loans
1.79%Loss allowance to noncurrent loans
681.82%Noncurrent assets plus other real estate owned to assets
0.09%Noncurrent loans to loans
0.26%Net loans and leases to deposits
34.13%Net loans and leases to core deposits
43.42%Equity capital to assets
7.98%Core capital (leverage) ratio
8.17%Tier 1 risk-based capital ratio
20.45%Total risk-based capital ratio
Memoranda
$22Average assets
$65,045Average earning assets
$7,317Average equity
$61,006Average loans

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