Tallahatchie County Bank in Charleston, Mississippi (MS)
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 11 |
| Total assets | $62,682 |
| Cash and due from depository institutions | $7,563 |
| Interest-bearing balances | $0 |
| Securities | $16,818 |
| Federal funds sold & reverse repurchase agreements | $14,250 |
| Net loans & leases | $23,158 |
| Loan loss allowance | $402 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $167 |
| Other real estate owned | $170 |
| Goodwill and other intangibles | $0 |
| All other assets | $556 |
| Life insurance assets | $62,682 |
| Total liabilities and capital | $57,644 |
| Total liabilities | $57,524 |
| Total deposits | $33,442 |
| Interest-bearing deposits | $57,524 |
| Deposits held in domestic offices | $89 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $120 |
| All other liabilities | $5,038 |
| Total equity capital | $5,038 |
| Total bank equity capital | $5,038 |
| Perpetual preferred stock | $0 |
| Common stock | $400 |
| Surplus | $4,000 |
| Undivided profits | $638 |
| 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 | $360 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $394 |
| Average Assets, year-to-date | $54,226 |
| Average Assets, quarterly | $19,888 |
| Volatile liabilities | $56,879 |
| Insider loans | $60,812 |
| FHLB advances | $30,680 |
| Loans and leases held for sale | $60,740 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $5,017 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $1,542 |
| Derivatives | $109 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $1,928 |
| Total interest expense | $349 |
| Net interest income | $1,579 |
| Provision for loan and lease losses | $160 |
| Total noninterest income | $231 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $205 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $26 |
| Total noninterest expense | $1,248 |
| Salaries and employee benefits | $606 |
| Premises and equipment expense | $99 |
| Additional noninterest expense | $543 |
| Pre-tax net operating income | $402 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $49 |
| Income before extraordinary items | $353 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $353 |
| Net charge-offs | $0 |
| Cash dividends | $353 |
| Sale, conversion, retirement of capital stock, net | $101 |
| Net operating income | $120 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 3.84% |
| Cost of funding earning assets | 0.69% |
| Net interest margin | 3.14% |
| Noninterest income to earning assets | 0.46% |
| Noninterest expense to earning assets | 2.48% |
| Net operating income to assets | 0.62% |
| Return on assets (ROA) | 0.62% |
| Pretax return on assets | 0.71% |
| Return on equity (ROE) | 7.17% |
| Retained earnings to average equity (YTD only) | 4.74% |
| Net charge-offs to loans | 0.43% |
| Credit loss provision to net charge-offs | 158.42% |
| Efficiency ratio | 5.56% |
| Assets per employee | $68,950 |
| Cash dividends to net income (YTD only) | 5.70% |
| Condition Ratios (%) | |
| Loss allowance to loans | 33.99% |
| Loss allowance to noncurrent loans | 1.71% |
| Noncurrent assets plus other real estate owned to assets | 111.67% |
| Noncurrent loans to loans | 0.85% |
| Net loans and leases to deposits | 1.53% |
| Net loans and leases to core deposits | 40.26% |
| Equity capital to assets | 44.45% |
| Core capital (leverage) ratio | 8.04% |
| Tier 1 risk-based capital ratio | 8.26% |
| Total risk-based capital ratio | 16.35% |
| Memoranda | |
| Average assets | $18 |
| Average earning assets | $56,879 |
| Average equity | $4,920 |
| Average loans | $50,239 |
| 1 Mississippi Branch as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 10714 | Tallahatchie County Bank | 2 East Main Street, Charleston, MS 38921 | November 11, 1913 | Full Service Brick and Mortar |  |
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