THE COMMERCIAL BANK OF OZARK in Ozark, Alabama (AL)



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THE COMMERCIAL BANK OF OZARK
GeneralFDIC Certificate #: 17975
Status: Active
Federal Reserve ID: 522034
Bank Holding Company (Regulatory Top Holder): Commercial Bancshares Of Ozark, Inc. (RSSDID: 2581718, Location: Ozark, AL)
Date Established: April 02, 1959
WWW: http://www.cbozark.com.
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 11906
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: April 02, 1959
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 208 South Merrick Avenue, Ozark, AL 36360
County: Dale
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Montgomery
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Dothan, AL (#2180)
Combined Statistical Area (CSA): Dothan-Enterprise-Ozark, AL (#222)
Core Based Statistical Area (CBSA): Enterprise-Ozark, AL (#21460)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $76.5 mil
Equity capital: $6.9 mil
Deposits held in domestic offices: $68.4 mil
Return on assets (ROA): 0.64% ($0.5 mil)
Quarterly return on assets: 0.79% ($0.6 mil)
Return on Equity (ROE): 7.38% ($0.5 mil)
Quarterly return on equity: 8.79% ($0.6 mil)
Net income: $0.5 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.66% ($504.6 mil)
Quarterly Pretax return on assets: 0.68% ($519.9 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)
Total employees (full-time equivalent)33
Total assets$76,452
Cash and due from depository institutions$10,337
Interest-bearing balances$9,172
Securities$18,041
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$42,347
Loan loss allowance $597
Trading account assets$0
Bank premises and fixed assets$1,607
Other real estate owned$587
Goodwill and other intangibles$0
All other assets$3,533
Life insurance assets$76,452
Total liabilities and capital$69,568
Total liabilities$68,360
Total deposits$36,195
Interest-bearing deposits$68,360
Deposits held in domestic offices$84
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $1,208
All other liabilities $6,884
Total equity capital$6,884
Total bank equity capital$6,884
Perpetual preferred stock$0
Common stock$450
Surplus$1,158
Undivided profits $5,276
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $945
Earning assets $0
Long-term assets (5+ years) $369
Average Assets, year-to-date $69,560
Average Assets, quarterly $16,681
Volatile liabilities $74,268
Insider loans $75,756
FHLB advances $44,231
Loans and leases held for sale $74,054
Unused loan commitments $2,343
Tier 1 (core) risk-based capital $2,343
Tier 2 risk-based capital $6,408
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $2,066
Derivatives$1,093
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,490
Total interest expense $360
Net interest income $3,130
Provision for loan and lease losses $0
Total noninterest income $463
Fiduciary activities $0
Service charges on deposit accounts $384
Trading account gains & fees $0
Additional noninterest income $79
Total noninterest expense $3,117
Salaries and employee benefits $1,628
Premises and equipment expense $343
Additional noninterest expense $1,146
Pre-tax net operating income $476
Securities gains (losses) $11
Applicable income taxes $8
Income before extraordinary items $479
Extraordinary gains - net $0
Net income attributable to bank $479
Net charge-offs $0
Cash dividends $479
Sale, conversion, retirement of capital stock, net $90
Net operating income $66
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.17%
Cost of funding earning assets 0.53%
Net interest margin 4.64%
Noninterest income to earning assets 0.69%
Noninterest expense to earning assets 4.62%
Net operating income to assets 0.63%
Return on assets (ROA) 0.64%
Pretax return on assets 0.66%
Return on equity (ROE) 7.38%
Retained earnings to average equity (YTD only) 6.36%
Net charge-offs to loans 0.20%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio5.29%
Assets per employee$86,752
Cash dividends to net income (YTD only)2.32%
Condition Ratios (%)
Loss allowance to loans 13.78%
Loss allowance to noncurrent loans 1.39%
Noncurrent assets plus other real estate owned to assets 63.17%
Noncurrent loans to loans 2.00%
Net loans and leases to deposits2.20%
Net loans and leases to core deposits 61.95%
Equity capital to assets 61.95%
Core capital (leverage) ratio 9.00%
Tier 1 risk-based capital ratio 8.65%
Total risk-based capital ratio 14.49%
Memoranda
Average assets$16
Average earning assets$74,268
Average equity $6,491
Average loans $67,442
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3 Alabama Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
011906The Commercial Bank Of Ozark208 South Merrick Avenue, Ozark, AL 36360April 02, 1959Full Service Brick and Mortar
1243389Martindale Plaza Branch1301 E. Andrews Ave., Ozark, AL 36360January 10, 1972Full Service Brick and Mortar
4235633South Dale BranchPhillip J. Hamm Dr., Midland City, AL 36350July 18, 1973Full Service Brick and Mortar
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