FDIC Certificate #: 33456 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Farmers Bank & Trust Company (#1291) Federal Reserve ID: 1871122 Date Established: October 09, 1959 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 47141 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 08, 1991 Last Structure Change Effective Date: Febuary 08, 2008 Last Structure Change Process Date: March 28, 2008 Last Data Update: March 28, 2008 Data Source Date: April 05, 2012
Location
Address: 521 East Page, Malvern, AR 72104 County: Hot Spring 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
Financial Summary
Total assets: $87.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
26Total employees (full-time equivalent)
$87,377Total assets
$2,530Cash and due from depository institutions
$11Interest-bearing balances
$1,191Securities
$11,590Federal funds sold & reverse repurchase agreements
$59,038Net loans & leases
$876Loan loss allowance
$0Trading account assets
$2,901Bank premises and fixed assets
$107Other real estate owned
$7,824Goodwill and other intangibles
$941Life insurance assets
$2,196All other assets
$87,377Total liabilities and capital
$73,424Total liabilities
$70,949Total deposits
$65,557Interest-bearing deposits
$70,949Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,285Other borrowed funds
$0Subordinated debt
$1,190All other liabilities
$13,953Total equity capital
$13,953Total bank equity capital
$13,953Perpetual preferred stock
$0Common stock
$318Surplus
$13,502Undivided profits
Memoranda
$133Noncurrent loans and leases
$2,824Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$391Earning assets
$0Long-term assets (5+ years)
$501Average Assets, year-to-date
$71,830Average Assets, quarterly
$30,107Volatile liabilities
$81,874Insider loans
$83,610FHLB advances
$22,263Loans and leases held for sale
$482Unused loan commitments
$1,285Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,824Total unused commitments
$0Restructured Loans and leases
$753Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$264Total interest income
$131Total interest expense
$133Net interest income
$5Provision for loan and lease losses
$18Total noninterest income
$0Fiduciary activities
$16Service charges on deposit accounts
$0Trading account gains & fees
$2Additional noninterest income
$68Total noninterest expense
$44Salaries and employee benefits
$11Premises and equipment expense
$13Additional noninterest expense
$78Pre-tax net operating income
-$17Securities gains (losses)
-$72Applicable income taxes
$133Income before extraordinary items
$0Extraordinary gains - net
$133Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
0.36%Yield on earning assets
0.18%Cost of funding earning assets
0.18%Net interest margin
0.02%Noninterest income to earning assets
0.09%Noninterest expense to earning assets
0.18%Net operating income to assets
0.16%Return on assets (ROA)
0.07%Pretax return on assets
1.58%Return on equity (ROE)
1.58%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
45,033Assets per employee
3.36%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.46%Loss allowance to noncurrent loans
224.04%Noncurrent assets plus other real estate owned to assets
0.57%Noncurrent loans to loans
0.65%Net loans and leases to deposits
83.21%Net loans and leases to core deposits
121.26%Equity capital to assets
15.97%Core capital (leverage) ratio
8.20%Tier 1 risk-based capital ratio
10.20%Total risk-based capital ratio
Memoranda
$11Average assets
$81,874Average earning assets
$8,400Average equity
$72,804Average loans
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