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

This bank is inactive as of October 03, 1994

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

  • General
  • FDIC Certificate #: 15791
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: The Peoples Bank (#15871)
    Federal Reserve ID: 561640
    Date Established: January 01, 1912
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 10037
    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 08, 1941
    Last Structure Change Effective Date: October 03, 1994
    Last Structure Change Process Date: October 13, 1994
    Last Data Update: October 13, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: Main And Section Line, Walnut, MS 38683
    County: Tippah
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Memphis
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Absorption - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $11.4 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)
  • $7Total assets
  • $11,465Cash and due from depository institutions
  • $402Interest-bearing balances
  • $0Securities
  • $7,103Federal funds sold & reverse repurchase agreements
  • $2,175Net loans & leases
  • $1,393Loan loss allowance
  • $610Trading account assets
  • $0Bank premises and fixed assets
  • $34Other real estate owned
  • $260Goodwill and other intangibles
  • $98Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $11,465Total liabilities
  • $6,990Total deposits
  • $6,952Interest-bearing deposits
  • $5,566Deposits held in domestic offices
  • 6952.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $38Total equity capital
  • $38Total bank equity capital
  • $4,475Perpetual preferred stock
  • $0Common stock
  • $277Surplus
  • $4,050Undivided profits
  • Memoranda
  • $148Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9Income earned, not collected on loans
  • $27Earning assets
  • $10,671Long-term assets (5+ years)
  • $564Average Assets, year-to-date
  • $12,357Average Assets, quarterly
  • $11,523Volatile liabilities
  • $537Insider loans
  • $78FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,331Total risk weighted assets
  • $7,058Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $730Total interest expense
  • $273Net interest income
  • $457Provision for loan and lease losses
  • $60Total noninterest income
  • $116Fiduciary activities
  • $0Service charges on deposit accounts
  • $19Trading account gains & fees
  • $0Additional noninterest income
  • $97Total noninterest expense
  • $554Salaries and employee benefits
  • $241Premises and equipment expense
  • $8Additional noninterest expense
  • $305Pre-tax net operating income
  • -$41Securities gains (losses)
  • -$17Applicable income taxes
  • $10Income before extraordinary items
  • -$68Extraordinary gains - net
  • $0Net income attributable to bank
  • -$68Net charge-offs
  • -$90Cash dividends
  • $0Sale, 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
  • 6.35%Cost of funding earning assets
  • 2.37%Net interest margin
  • 3.97%Noninterest income to earning assets
  • 1.01%Noninterest expense to earning assets
  • 4.82%Net operating income to assets
  • -0.41%Return on assets (ROA)
  • -0.55%Pretax return on assets
  • -0.47%Return on equity (ROE)
  • -1.54%Retained earnings to average equity (YTD only)
  • -1.54%Net charge-offs to loans
  • -3.17%Credit loss provision to net charge-offs
  • -66.67%Efficiency ratio
  • 96,684Assets per employee
  • 1.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 30.45%Loss allowance to noncurrent loans
  • 6777.78%Noncurrent assets plus other real estate owned to assets
  • 2.35%Noncurrent loans to loans
  • 0.45%Net loans and leases to deposits
  • 20.04%Net loans and leases to core deposits
  • 21.71%Equity capital to assets
  • 39.03%Core capital (leverage) ratio
  • 37.80%Tier 1 risk-based capital ratio
  • 61.37%Total risk-based capital ratio
  • Memoranda
  • $63Average assets
  • $12,357Average earning assets
  • $4,426Average equity
  • $11,500Average loans

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