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

The First National Bank of Hartford - Overview

  • General
  • FDIC Certificate #: 2804
    Status: Active
    Federal Reserve ID: 112332
    Bank Holding Company (Regulatory Top Holder): First Hartford Bancshares, Inc. (RSSDID: 1084052, Location: Hartford, AL)
    Date Established: January 01, 1905
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 1830
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    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: 101 Third Avenue South, Hartford, AL 36344
    County: Geneva
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Montgomery
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Combined Statistical Area (CSA): Dothan-Enterprise-Ozark, AL (#222)
    Core Based Statistical Area (CBSA): Dothan, AL (#20020)
    CBSA Metro Statistical Area: Dothan, AL (#20020)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $146.5 mil
    Equity capital: $15.4 mil
    Deposits held in domestic offices: $125.7 mil
    Return on assets (ROA): 0.18% ($0.3 mil)
    Quarterly return on assets: -0.83% (-$1.2 mil)
    Return on Equity (ROE): 1.78% ($0.3 mil)
    Quarterly return on equity: -7.89% (-$1.2 mil)
    Net income: $0.3 mil
    Quarterly Net income: -$0.3 mil
    Pretax return on assets: 0.18% ($263.7 mil)
    Quarterly Pretax return on assets: -0.86% (-$1,259.9 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
  • 26Total employees (full-time equivalent)
  • $146,495Total assets
  • $14,950Cash and due from depository institutions
  • $0Interest-bearing balances
  • $77,315Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $50,419Net loans & leases
  • $1,179Loan loss allowance
  • $0Trading account assets
  • $1,136Bank premises and fixed assets
  • $424Other real estate owned
  • $0Goodwill and other intangibles
  • $146,495Life insurance assets
  • $2,251All other assets
  • $131,143Total liabilities and capital
  • $125,726Total liabilities
  • $114,800Total deposits
  • $125,726Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $417Subordinated debt
  • $15,352All other liabilities
  • $15,352Total equity capital
  • $15,352Total bank equity capital
  • $0Perpetual preferred stock
  • $276Common stock
  • $1,000Surplus
  • $14,076Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,064Income earned, not collected on loans
  • $0Earning assets
  • $1,400Long-term assets (5+ years)
  • $127,734Average Assets, year-to-date
  • $73,165Average Assets, quarterly
  • $141,625Volatile liabilities
  • $145,781Insider loans
  • $70,192FHLB advances
  • $138,554Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $14,938Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $998Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,822Total interest income
  • $1,791Total interest expense
  • $4,031Net interest income
  • $1,410Provision for loan and lease losses
  • $401Total noninterest income
  • $0Fiduciary activities
  • $264Service charges on deposit accounts
  • $0Trading account gains & fees
  • $137Additional noninterest income
  • $3,043Total noninterest expense
  • $1,267Salaries and employee benefits
  • $342Premises and equipment expense
  • $1,434Additional noninterest expense
  • -$21Pre-tax net operating income
  • $271Securities gains (losses)
  • -$8Applicable income taxes
  • $258Income before extraordinary items
  • $0Extraordinary gains - net
  • $258Net income attributable to bank
  • $0Net charge-offs
  • $258Cash dividends
  • $940Sale, conversion, retirement of capital stock, net
  • $351Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.67%Yield on earning assets
  • 1.44%Cost of funding earning assets
  • 3.24%Net interest margin
  • 0.32%Noninterest income to earning assets
  • 2.44%Noninterest expense to earning assets
  • -0.01%Net operating income to assets
  • 0.18%Return on assets (ROA)
  • 0.18%Pretax return on assets
  • 1.78%Return on equity (ROE)
  • -0.64%Retained earnings to average equity (YTD only)
  • 1.84%Net charge-offs to loans
  • 150.00%Credit loss provision to net charge-offs
  • 1.48%Efficiency ratio
  • 68,660Assets per employee
  • 5.63%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 136.05%Loss allowance to loans
  • 2.28%Loss allowance to noncurrent loans
  • 57.12%Noncurrent assets plus other real estate owned to assets
  • 1.70%Noncurrent loans to loans
  • 4.00%Net loans and leases to deposits
  • 40.10%Net loans and leases to core deposits
  • 44.97%Equity capital to assets
  • 10.48%Core capital (leverage) ratio
  • 10.78%Tier 1 risk-based capital ratio
  • 21.28%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $141,625Average earning assets
  • $14,475Average equity
  • $124,603Average loans

List of branches

  • 1 Alabama Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01830The First National Bank Of Hartford101 Third Avenue South, Hartford, AL 36344January 01, 1905Full Service Brick and Mortar

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