The First National Bank of El Dorado in El Dorado, Arkansas (AR)



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The First National Bank of El Dorado
GeneralFDIC Certificate #: 3859
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: BancorpSouth Bank (#11813)
Federal Reserve ID: 646949
Date Established: January 01, 1903
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 5 (Interstate: No)
FDIC's unique #: 2514
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: September 01, 2000
Last Structure Change Process Date: September 20, 2000
Last Data Update: September 20, 2000
Data Source Date: April 05, 2012
LocationAddress: Main At Washington Streets, El Dorado, AR 71730
County: Union
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Shreveport
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Core Based Statistical Area (CBSA): El Dorado, AR (#20980)
CBSA Micro Statistical Area: Yes
Financial SummaryTotal assets: $284.6 mil

1992 - 1999 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, 1999)
(Dollar figures in thousands)
Total employees (full-time equivalent)81
Total assets$289,929
Cash and due from depository institutions$15,540
Interest-bearing balances$1,090
Securities$135,902
Federal funds sold & reverse repurchase agreements$18,000
Net loans & leases$114,182
Loan loss allowance $1,337
Trading account assets$0
Bank premises and fixed assets$2,214
Other real estate owned$70
Goodwill and other intangibles$0
All other assets$4,021
Life insurance assets$0
Total liabilities and capital$289,929
Total liabilities$266,899
Total deposits$256,851
Interest-bearing deposits$203,196
Deposits held in domestic offices$256,851
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $7,742
Trading liabilities$0
Other borrowed funds $1,637
Subordinated debt $0
All other liabilities $669
Total equity capital$23,030
Total bank equity capital$23,030
Perpetual preferred stock$23,030
Common stock$0
Surplus$870
Undivided profits $5,175
Memoranda
Noncurrent loans and leases $16,985
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $16,615
Income earned, not collected on loans $0
Earning assets $426
Long-term assets (5+ years) $40
Average Assets, year-to-date $1,022
Average Assets, quarterly $269,174
Volatile liabilities $92,025
Insider loans $292,797
FHLB advances $286,973
Loans and leases held for sale $54,774
Unused loan commitments $4,184
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $16,615
Restructured Loans and leases $39
Derivatives$1,337
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Income and Expense (December 31, 1999)
(Dollar figures in thousands)
Total interest income $18,900
Total interest expense $8,367
Net interest income $10,533
Provision for loan and lease losses $80
Total noninterest income $1,425
Fiduciary activities $212
Service charges on deposit accounts $725
Trading account gains & fees $0
Additional noninterest income $488
Total noninterest expense $4,799
Salaries and employee benefits $2,690
Premises and equipment expense $620
Additional noninterest expense $1,489
Pre-tax net operating income $7,079
Securities gains (losses) $1
Applicable income taxes $2,415
Income before extraordinary items $4,665
Extraordinary gains - net $0
Net income attributable to bank $4,665
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net $215
Net operating income $5,500
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Performance and Condition Ratios (December 31, 1999)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets6.87%
Cost of funding earning assets 3.04%
Net interest margin 3.83%
Noninterest income to earning assets 0.52%
Noninterest expense to earning assets 1.75%
Net operating income to assets 1.59%
Return on assets (ROA) 1.59%
Pretax return on assets 2.42%
Return on equity (ROE) 17.89%
Retained earnings to average equity (YTD only) -3.20%
Net charge-offs to loans 0.19%
Credit loss provision to net charge-offs 37.21%
Efficiency ratio33.30%
Assets per employee$40,132
Cash dividends to net income (YTD only)3.58%
Condition Ratios (%)
Loss allowance to loans 117.90%
Loss allowance to noncurrent loans 1.16%
Noncurrent assets plus other real estate owned to assets 313.85%
Noncurrent loans to loans 0.17%
Net loans and leases to deposits0.37%
Net loans and leases to core deposits 44.45%
Equity capital to assets 54.00%
Core capital (leverage) ratio 7.94%
Tier 1 risk-based capital ratio 8.55%
Total risk-based capital ratio 17.22%
Memoranda
Average assets$18
Average earning assets$292,797
Average equity $26,083
Average loans $274,942
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