The City National Bank of Sylacauga in Sylacauga, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 19, 1998

  • The City National Bank of Sylacauga in Sylacauga, Alabama (AL)
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The City National Bank of Sylacauga - Overview

  • General
  • FDIC Certificate #: 2830
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Superior Bank (#17750)
    Federal Reserve ID: 252537
    Date Established: January 01, 1913
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Interstate: No)
    OTS Docket #: 13955
    FDIC's unique #: 1851
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 19, 1998
    Last Structure Change Process Date: Febuary 03, 1999
    Last Data Update: Febuary 03, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 126 North Broadway Avenue, Sylacauga, AL 35150
    County: Talladega
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Shelby
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Talladega-Sylacauga, AL (#45180)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $79.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 60Total employees (full-time equivalent)
  • $84,350Total assets
  • $2,560Cash and due from depository institutions
  • $200Interest-bearing balances
  • $36,127Securities
  • $3,240Federal funds sold & reverse repurchase agreements
  • $38,643Net loans & leases
  • $515Loan loss allowance
  • $0Trading account assets
  • $2,389Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,391All other assets
  • $84,350Total liabilities and capital
  • $72,529Total liabilities
  • $71,155Total deposits
  • $60,222Interest-bearing deposits
  • $71,155Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $492Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $882All other liabilities
  • $11,821Total equity capital
  • $11,821Total bank equity capital
  • $11,821Perpetual preferred stock
  • $0Common stock
  • $300Surplus
  • $300Undivided profits
  • Memoranda
  • $11,221Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $592Earning assets
  • $0Long-term assets (5+ years)
  • $384Average Assets, year-to-date
  • $78,210Average Assets, quarterly
  • $44,297Volatile liabilities
  • $84,853Insider loans
  • $85,344FHLB advances
  • $23,586Loans and leases held for sale
  • $512Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,363Total unused commitments
  • $0Restructured Loans and leases
  • $48,187Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $6,757Total interest income
  • $2,910Total interest expense
  • $3,847Net interest income
  • $384Provision for loan and lease losses
  • $470Total noninterest income
  • $0Fiduciary activities
  • $432Service charges on deposit accounts
  • $0Trading account gains & fees
  • $38Additional noninterest income
  • $3,338Total noninterest expense
  • $1,841Salaries and employee benefits
  • $572Premises and equipment expense
  • $925Additional noninterest expense
  • $595Pre-tax net operating income
  • $215Securities gains (losses)
  • $176Applicable income taxes
  • $634Income before extraordinary items
  • $0Extraordinary gains - net
  • $634Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $319Sale, conversion, retirement of capital stock, net
  • $171Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.60%Yield on earning assets
  • 3.70%Cost of funding earning assets
  • 4.90%Net interest margin
  • 0.60%Noninterest income to earning assets
  • 4.25%Noninterest expense to earning assets
  • 0.55%Net operating income to assets
  • 0.75%Return on assets (ROA)
  • 0.95%Pretax return on assets
  • 5.60%Return on equity (ROE)
  • 4.09%Retained earnings to average equity (YTD only)
  • 0.87%Net charge-offs to loans
  • 120.38%Credit loss provision to net charge-offs
  • 3.07%Efficiency ratio
  • 77,322Assets per employee
  • 1.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 26.97%Loss allowance to loans
  • 1.32%Loss allowance to noncurrent loans
  • 86.99%Noncurrent assets plus other real estate owned to assets
  • 0.70%Noncurrent loans to loans
  • 1.51%Net loans and leases to deposits
  • 54.31%Net loans and leases to core deposits
  • 80.40%Equity capital to assets
  • 14.01%Core capital (leverage) ratio
  • 13.58%Tier 1 risk-based capital ratio
  • 24.04%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $84,853Average earning assets
  • $11,312Average equity
  • $78,546Average loans

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