State-Investors Bank in Metairie, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • State-Investors Bank in Metairie, Louisiana (LA)
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State-Investors Bank - Overview

  • General
  • FDIC Certificate #: 27626
    Status: Active
    Federal Reserve ID: 802679
    Date Established: January 01, 1894
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 16
    FDIC's unique #: 40460
    Numeric code: 37
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: August 03, 1935
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1041 Veterans Memorial Boulevard, Metairie, LA 70005
    County: Jefferson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): New Orleans, LA (#5560)
    Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406)
    Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380)
    CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $243.5 mil
    Equity capital: $36.3 mil
    Deposits held in domestic offices: $164.2 mil
    Return on assets (ROA): 0.46% ($1.1 mil)
    Quarterly return on assets: 0.61% ($1.5 mil)
    Return on Equity (ROE): 3.99% ($1.4 mil)
    Quarterly return on equity: 4.16% ($1.5 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.69% ($1,680.4 mil)
    Quarterly Pretax return on assets: 0.86% ($2,094.4 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, 2011)

  • Dollar figures in thousands
  • 32Total employees (full-time equivalent)
  • $243,533Total assets
  • $7,600Cash and due from depository institutions
  • $1,157Interest-bearing balances
  • $47,738Securities
  • $100Federal funds sold & reverse repurchase agreements
  • $175,131Net loans & leases
  • $1,475Loan loss allowance
  • $0Trading account assets
  • $8,579Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $243,533Life insurance assets
  • $4,385All other assets
  • $207,224Total liabilities and capital
  • $164,189Total liabilities
  • $153,652Total deposits
  • $164,189Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $42,308Trading liabilities
  • $0Other borrowed funds
  • $727Subordinated debt
  • $36,309All other liabilities
  • $36,309Total equity capital
  • $36,309Total bank equity capital
  • $0Perpetual preferred stock
  • $14Common stock
  • $13,952Surplus
  • $22,343Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,372Income earned, not collected on loans
  • $0Earning assets
  • $1,010Long-term assets (5+ years)
  • $224,126Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $239,499Volatile liabilities
  • $245,181Insider loans
  • $127,724FHLB advances
  • $243,387Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $36,163Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,486Restructured Loans and leases
  • $2,000Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,807Total interest income
  • $3,409Total interest expense
  • $7,398Net interest income
  • $154Provision for loan and lease losses
  • $211Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $211Additional noninterest income
  • $5,801Total noninterest expense
  • $3,087Salaries and employee benefits
  • $1,551Premises and equipment expense
  • $1,163Additional noninterest expense
  • $1,654Pre-tax net operating income
  • $0Securities gains (losses)
  • $563Applicable income taxes
  • $1,091Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,091Net income attributable to bank
  • $0Net charge-offs
  • $1,091Cash dividends
  • $184Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.91%Yield on earning assets
  • 1.55%Cost of funding earning assets
  • 3.36%Net interest margin
  • 0.10%Noninterest income to earning assets
  • 2.64%Noninterest expense to earning assets
  • 0.46%Net operating income to assets
  • 0.46%Return on assets (ROA)
  • 0.69%Pretax return on assets
  • 3.99%Return on equity (ROE)
  • 3.99%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 83.70%Credit loss provision to net charge-offs
  • 9.83%Efficiency ratio
  • 76,239Assets per employee
  • 7.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.84%Loss allowance to noncurrent loans
  • 43.74%Noncurrent assets plus other real estate owned to assets
  • 1.38%Noncurrent loans to loans
  • 1.91%Net loans and leases to deposits
  • 106.66%Net loans and leases to core deposits
  • 110.61%Equity capital to assets
  • 14.91%Core capital (leverage) ratio
  • 14.86%Tier 1 risk-based capital ratio
  • 28.31%Total risk-based capital ratio
  • Memoranda
  • $29Average assets
  • $239,499Average earning assets
  • $27,375Average equity
  • $219,908Average loans

List of branches

  • 4 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040460State-Investors Bank1041 Veterans Memorial Boulevard, Metairie, LA 70005January 01, 1894Full Service Brick and Mortar
    10242794301 Harrison Ave Branch301 Harrison Avenue, New Orleans, LA 70124November 29, 1937Full Service Brick and Mortar
    1042624168384 Jefferson Hwy Branch8384 Jefferson Highway, Harahan, LA 70123June 30, 1986Full Service Brick and Mortar
    105262417Mandeville Branch2909 Highway 190, Mandeville, LA 70471January 25, 1993Full Service Brick and Mortar

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