The Bank in Jennings, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Bank - Overview

  • General
  • FDIC Certificate #: 34409
    Status: Active
    Federal Reserve ID: 2505460
    Bank Holding Company (Regulatory Top Holder): Bancshares, Inc., The (RSSDID: 2504874, Location: Jennings, LA)
    Date Established: Febuary 26, 1997
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 57172
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 26, 1997
    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
  • Location
  • Address: 1304 North Cutting Avenue, Jennings, LA 70546
    County: Jefferson Davis
    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
    Combined Statistical Area (CSA): Lake Charles-Jennings, LA (#324)
    Core Based Statistical Area (CBSA): Jennings, LA (#27660)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $155.7 mil
    Equity capital: $16.1 mil
    Deposits held in domestic offices: $136.2 mil
    Return on assets (ROA): 1.48% ($2.3 mil)
    Quarterly return on assets: 1.53% ($2.4 mil)
    Return on Equity (ROE): 14.92% ($2.4 mil)
    Quarterly return on equity: 14.98% ($2.4 mil)
    Net income: $2.2 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 2.23% ($3,472.1 mil)
    Quarterly Pretax return on assets: 2.31% ($3,596.6 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
  • 46Total employees (full-time equivalent)
  • $155,698Total assets
  • $9,216Cash and due from depository institutions
  • $3,773Interest-bearing balances
  • $24,822Securities
  • $9,200Federal funds sold & reverse repurchase agreements
  • $103,673Net loans & leases
  • $1,659Loan loss allowance
  • $0Trading account assets
  • $5,392Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $155,698Life insurance assets
  • $3,395All other assets
  • $139,584Total liabilities and capital
  • $136,189Total liabilities
  • $115,183Total deposits
  • $136,189Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 1626.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,769Subordinated debt
  • $16,114All other liabilities
  • $16,114Total equity capital
  • $16,114Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $4,000Surplus
  • $11,614Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $131Income earned, not collected on loans
  • $0Earning assets
  • $918Long-term assets (5+ years)
  • $141,468Average Assets, year-to-date
  • $1,105Average Assets, quarterly
  • $149,578Volatile liabilities
  • $154,582Insider loans
  • $105,376FHLB advances
  • $154,914Loans and leases held for sale
  • $2,009Unused loan commitments
  • $2,009Tier 1 (core) risk-based capital
  • $15,694Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,903Restructured Loans and leases
  • $736Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,429Total interest income
  • $1,368Total interest expense
  • $7,061Net interest income
  • $263Provision for loan and lease losses
  • $1,489Total noninterest income
  • $0Fiduciary activities
  • $658Service charges on deposit accounts
  • $0Trading account gains & fees
  • $831Additional noninterest income
  • $4,994Total noninterest expense
  • $2,569Salaries and employee benefits
  • $678Premises and equipment expense
  • $1,747Additional noninterest expense
  • $3,293Pre-tax net operating income
  • $37Securities gains (losses)
  • $1,115Applicable income taxes
  • $2,215Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,215Net income attributable to bank
  • $0Net charge-offs
  • $2,215Cash dividends
  • -$32Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.17%Yield on earning assets
  • 1.00%Cost of funding earning assets
  • 5.17%Net interest margin
  • 1.09%Noninterest income to earning assets
  • 3.66%Noninterest expense to earning assets
  • 1.46%Net operating income to assets
  • 1.48%Return on assets (ROA)
  • 2.23%Pretax return on assets
  • 14.92%Return on equity (ROE)
  • 14.92%Retained earnings to average equity (YTD only)
  • -0.03%Net charge-offs to loans
  • -821.88%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 58,409Assets per employee
  • 3.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.58%Loss allowance to noncurrent loans
  • 1266.41%Noncurrent assets plus other real estate owned to assets
  • 0.08%Noncurrent loans to loans
  • 0.12%Net loans and leases to deposits
  • 76.12%Net loans and leases to core deposits
  • 79.47%Equity capital to assets
  • 10.35%Core capital (leverage) ratio
  • 10.13%Tier 1 risk-based capital ratio
  • 14.89%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $149,578Average earning assets
  • $14,844Average equity
  • $136,560Average loans

List of branches

  • 5 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    057172The Bank1304 North Cutting Avenue, Jennings, LA 70546Febuary 26, 1997Full Service Brick and Mortar
    2290616Iowa Office114 North Thomson Avenue, Iowa, LA 70647Febuary 26, 1997Full Service Brick and Mortar
    3334470Jennings Motor Branch1304 N. Cutting Avenue, Jennings, LA 70546May 01, 2000Limited Service Facility
    4457252Iota Branch413 St. Joseph Avenue, Iota, LA 70543December 13, 2006Full Service Brick and Mortar
    5526382Lake Arthur Branch800 North Highway 26, Lake Arthur, LA 70549October 11, 2011Full Service Brick and Mortar

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