The Bank of Raleigh in Raleigh, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 28, 1994

  • The Bank of Raleigh in Raleigh, Mississippi (MS)
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The Bank of Raleigh - Overview

  • General
  • FDIC Certificate #: 11428
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Smith County Bank (#10585)
    Federal Reserve ID: 580931
    Date Established: January 28, 1928
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 7298
    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: January 01, 1934
    Last Structure Change Effective Date: Febuary 28, 1994
    Last Structure Change Process Date: March 07, 1994
    Last Data Update: March 07, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Raleigh, MS 39153
    County: Smith
    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
  • Financial Summary
  • Total assets: $34.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $17Total assets
  • $34,546Cash and due from depository institutions
  • $1,656Interest-bearing balances
  • $0Securities
  • $10,418Federal funds sold & reverse repurchase agreements
  • $1,000Net loans & leases
  • $20,487Loan loss allowance
  • $645Trading account assets
  • $0Bank premises and fixed assets
  • $371Other real estate owned
  • $189Goodwill and other intangibles
  • $425Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $34,546Total liabilities
  • $34,195Total deposits
  • $34,045Interest-bearing deposits
  • $29,832Deposits held in domestic offices
  • 34045.00%% insured (estimated)
  • $85Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $150Total equity capital
  • $150Total bank equity capital
  • $351Perpetual preferred stock
  • $500Common stock
  • $450Surplus
  • $2,280Undivided profits
  • Memoranda
  • $-2,879Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $983Income earned, not collected on loans
  • $222Earning assets
  • $31,905Long-term assets (5+ years)
  • $4,600Average Assets, year-to-date
  • $38,175Average Assets, quarterly
  • $36,890Volatile liabilities
  • $2,732Insider loans
  • $827FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $204Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-149Total risk weighted assets
  • $25,439Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,805Total interest expense
  • $1,052Net interest income
  • $1,753Provision for loan and lease losses
  • $3,420Total noninterest income
  • $281Fiduciary activities
  • $0Service charges on deposit accounts
  • $258Trading account gains & fees
  • $0Additional noninterest income
  • $23Total noninterest expense
  • $1,512Salaries and employee benefits
  • $482Premises and equipment expense
  • $224Additional noninterest expense
  • $806Pre-tax net operating income
  • -$2,898Securities gains (losses)
  • $132Applicable income taxes
  • $0Income before extraordinary items
  • -$2,766Extraordinary gains - net
  • $0Net income attributable to bank
  • -$2,766Net charge-offs
  • $3,114Cash dividends
  • $20Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.01%Cost of funding earning assets
  • 3.00%Net interest margin
  • 5.01%Noninterest income to earning assets
  • 0.80%Noninterest expense to earning assets
  • 4.32%Net operating income to assets
  • -7.59%Return on assets (ROA)
  • -7.25%Pretax return on assets
  • -7.25%Return on equity (ROE)
  • -118.55%Retained earnings to average equity (YTD only)
  • -119.41%Net charge-offs to loans
  • 13.61%Credit loss provision to net charge-offs
  • 109.83%Efficiency ratio
  • 74,336Assets per employee
  • 2.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -0.72%Loss allowance to loans
  • 3.05%Loss allowance to noncurrent loans
  • 65.62%Noncurrent assets plus other real estate owned to assets
  • 3.39%Noncurrent loans to loans
  • 4.65%Net loans and leases to deposits
  • 60.18%Net loans and leases to core deposits
  • 65.43%Equity capital to assets
  • 1.02%Core capital (leverage) ratio
  • -0.39%Tier 1 risk-based capital ratio
  • -0.59%Total risk-based capital ratio
  • Memoranda
  • -$1Average assets
  • $38,175Average earning assets
  • $2,333Average equity
  • $35,022Average loans

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