The First National Bank of Hope in Hope, Arkansas (AR)



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The First National Bank of Hope
GeneralFDIC Certificate #: 3875
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First National Bank (#3881)
Federal Reserve ID: 273149
Date Established: January 01, 1924
WWW: http://www.fnb-hope.com
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
FDIC's unique #: 2526
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: November 15, 2006
Last Structure Change Process Date: December 14, 2006
Last Data Update: December 14, 2006
Data Source Date: April 05, 2012
LocationAddress: 200 E. Third St., Hope, AR 71801
County: Hempstead
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): Hope, AR (#26260)
CBSA Micro Statistical Area: Yes
Financial SummaryTotal assets: $141.6 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, 2005)
(Dollar figures in thousands)
Total employees (full-time equivalent)50
Total assets$137,296
Cash and due from depository institutions$4,605
Interest-bearing balances$180
Securities$37,101
Federal funds sold & reverse repurchase agreements$875
Net loans & leases$82,562
Loan loss allowance $1,203
Trading account assets$0
Bank premises and fixed assets$9,725
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$2,428
Life insurance assets$0
Total liabilities and capital$137,296
Total liabilities$113,341
Total deposits$106,707
Interest-bearing deposits$93,481
Deposits held in domestic offices$106,707
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $710
Trading liabilities$0
Other borrowed funds $5,572
Subordinated debt $0
All other liabilities $352
Total equity capital$23,955
Total bank equity capital$23,955
Perpetual preferred stock$23,955
Common stock$0
Surplus$400
Undivided profits $10,000
Memoranda
Noncurrent loans and leases $13,555
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $2,388
Income earned, not collected on loans $0
Earning assets $916
Long-term assets (5+ years) $0
Average Assets, year-to-date $1,111
Average Assets, quarterly $120,718
Volatile liabilities $19,376
Insider loans $133,681
FHLB advances $137,843
Loans and leases held for sale $37,935
Unused loan commitments $1,633
Tier 1 (core) risk-based capital $5,362
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $2,388
Restructured Loans and leases $0
Derivatives$1,000
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Income and Expense (December 31, 2005)
(Dollar figures in thousands)
Total interest income $7,193
Total interest expense $2,520
Net interest income $4,673
Provision for loan and lease losses $0
Total noninterest income $989
Fiduciary activities $9
Service charges on deposit accounts $736
Trading account gains & fees $0
Additional noninterest income $244
Total noninterest expense $4,786
Salaries and employee benefits $2,630
Premises and equipment expense $975
Additional noninterest expense $1,181
Pre-tax net operating income $876
Securities gains (losses) $41
Applicable income taxes $148
Income before extraordinary items $769
Extraordinary gains - net $0
Net income attributable to bank $769
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net $67
Net operating income $154
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Performance and Condition Ratios (December 31, 2005)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets6.11%
Cost of funding earning assets 2.14%
Net interest margin 3.97%
Noninterest income to earning assets 0.84%
Noninterest expense to earning assets 4.06%
Net operating income to assets 0.55%
Return on assets (ROA) 0.58%
Pretax return on assets 0.69%
Return on equity (ROE) 3.23%
Retained earnings to average equity (YTD only) 2.58%
Net charge-offs to loans 0.08%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio13.07%
Assets per employee$84,528
Cash dividends to net income (YTD only)2.75%
Condition Ratios (%)
Loss allowance to loans 20.03%
Loss allowance to noncurrent loans 1.44%
Noncurrent assets plus other real estate owned to assets 131.33%
Noncurrent loans to loans 0.67%
Net loans and leases to deposits1.09%
Net loans and leases to core deposits 77.37%
Equity capital to assets 118.47%
Core capital (leverage) ratio 17.45%
Tier 1 risk-based capital ratio 17.56%
Total risk-based capital ratio 30.42%
Memoranda
Average assets$32
Average earning assets$133,681
Average equity $23,843
Average loans $117,788
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Total Fiduciary and Related Assets (December 31, 2005)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$6,710
Number of Accounts1
Personal trust and agency accounts$6,710
Employee benefit-defined contribution accounts$2,515
Employee benefit-defined benefit accounts$0
Other retirement accounts$4,105
Corporate trust and agency accounts$0
Investment management agency accounts$90
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts26
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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