State Bank & Trust Company in Brookhaven, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 31, 2000

  • State Bank & Trust Company in Brookhaven, Mississippi (MS)
  • Show street view No street view available for this location

State Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 15411
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: State Bank & Trust Company (#8878)
    Federal Reserve ID: 508131
    Date Established: August 01, 1936
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 9728
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: August 05, 1936
    Last Structure Change Effective Date: July 31, 2000
    Last Structure Change Process Date: August 09, 2000
    Last Data Update: August 09, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 147 South Railroad Avenue, Brookhaven, MS 39601
    County: Lincoln
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Jackson Ms
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Brookhaven, MS (#15020)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $128.3 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 54Total employees (full-time equivalent)
  • $136,132Total assets
  • $8,502Cash and due from depository institutions
  • $0Interest-bearing balances
  • $25,887Securities
  • $8,650Federal funds sold & reverse repurchase agreements
  • $89,097Net loans & leases
  • $1,851Loan loss allowance
  • $0Trading account assets
  • $1,822Bank premises and fixed assets
  • $83Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,091All other assets
  • $136,132Total liabilities and capital
  • $122,380Total liabilities
  • $121,032Total deposits
  • $96,770Interest-bearing deposits
  • $121,032Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $460Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $888All other liabilities
  • $13,752Total equity capital
  • $13,752Total bank equity capital
  • $13,752Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $12,300Undivided profits
  • Memoranda
  • $952Noncurrent loans and leases
  • $8,837Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,195Earning assets
  • $0Long-term assets (5+ years)
  • $930Average Assets, year-to-date
  • $123,634Average Assets, quarterly
  • $2,012Volatile liabilities
  • $135,551Insider loans
  • $135,852FHLB advances
  • $22,746Loans and leases held for sale
  • $606Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $8,837Total unused commitments
  • $121Restructured Loans and leases
  • $1,182Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $11,215Total interest income
  • $3,618Total interest expense
  • $7,597Net interest income
  • $1,126Provision for loan and lease losses
  • $1,345Total noninterest income
  • $10Fiduciary activities
  • $890Service charges on deposit accounts
  • $0Trading account gains & fees
  • $445Additional noninterest income
  • $4,598Total noninterest expense
  • $2,077Salaries and employee benefits
  • $836Premises and equipment expense
  • $1,685Additional noninterest expense
  • $3,218Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,140Applicable income taxes
  • $2,078Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,078Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,069Sale, conversion, retirement of capital stock, net
  • $850Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.00%Yield on earning assets
  • 2.90%Cost of funding earning assets
  • 6.10%Net interest margin
  • 1.08%Noninterest income to earning assets
  • 3.69%Noninterest expense to earning assets
  • 1.53%Net operating income to assets
  • 1.53%Return on assets (ROA)
  • 2.37%Pretax return on assets
  • 15.18%Return on equity (ROE)
  • 8.97%Retained earnings to average equity (YTD only)
  • 1.21%Net charge-offs to loans
  • 105.33%Credit loss provision to net charge-offs
  • 4.06%Efficiency ratio
  • 51,420Assets per employee
  • 2.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.90%Loss allowance to loans
  • 2.04%Loss allowance to noncurrent loans
  • 84.33%Noncurrent assets plus other real estate owned to assets
  • 1.67%Noncurrent loans to loans
  • 2.41%Net loans and leases to deposits
  • 73.61%Net loans and leases to core deposits
  • 90.23%Equity capital to assets
  • 10.10%Core capital (leverage) ratio
  • 10.31%Tier 1 risk-based capital ratio
  • 15.00%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $135,551Average earning assets
  • $13,686Average equity
  • $124,558Average loans

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

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with State Bank & Trust Company.
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