The First National Bank of McGehee in Mcgehee, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

The First National Bank of McGehee - Overview

  • General
  • FDIC Certificate #: 21379
    Status: Active
    Federal Reserve ID: 78241
    Bank Holding Company (Regulatory Top Holder): First National Financial Corporation (RSSDID: 3386880, Location: Mcgehee, AR)
    Date Established: January 02, 1974
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 14790
    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: No
    Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: January 02, 1974
    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: 500 North Second Street, Mcgehee, AR 71654
    County: Desha
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $54.1 mil
    Equity capital: $6.5 mil
    Deposits held in domestic offices: $47.5 mil
    Return on assets (ROA): 0.64% ($0.3 mil)
    Quarterly return on assets: 0.90% ($0.5 mil)
    Return on Equity (ROE): 5.19% ($0.3 mil)
    Quarterly return on equity: 7.39% ($0.4 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.61% ($330.3 mil)
    Quarterly Pretax return on assets: 0.75% ($406.1 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
  • 19Total employees (full-time equivalent)
  • $54,147Total assets
  • $1,904Cash and due from depository institutions
  • $106Interest-bearing balances
  • $26,427Securities
  • $5,100Federal funds sold & reverse repurchase agreements
  • $19,158Net loans & leases
  • $449Loan loss allowance
  • $0Trading account assets
  • $688Bank premises and fixed assets
  • $82Other real estate owned
  • $0Goodwill and other intangibles
  • $54,147Life insurance assets
  • $788All other assets
  • $47,696Total liabilities and capital
  • $47,462Total liabilities
  • $33,672Total deposits
  • $47,462Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $234Subordinated debt
  • $6,451All other liabilities
  • $6,451Total equity capital
  • $6,451Total bank equity capital
  • $0Perpetual preferred stock
  • $340Common stock
  • $340Surplus
  • $5,771Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,852Income earned, not collected on loans
  • $88Earning assets
  • $348Long-term assets (5+ years)
  • $50,791Average Assets, year-to-date
  • $20,705Average Assets, quarterly
  • $51,030Volatile liabilities
  • $53,509Insider loans
  • $25,806FHLB advances
  • $53,665Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,153Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,960Restructured Loans and leases
  • $461Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,002Total interest income
  • $344Total interest expense
  • $1,658Net interest income
  • $100Provision for loan and lease losses
  • $234Total noninterest income
  • $1Fiduciary activities
  • $212Service charges on deposit accounts
  • $0Trading account gains & fees
  • $21Additional noninterest income
  • $1,488Total noninterest expense
  • $811Salaries and employee benefits
  • $169Premises and equipment expense
  • $508Additional noninterest expense
  • $304Pre-tax net operating income
  • $8Securities gains (losses)
  • -$15Applicable income taxes
  • $327Income before extraordinary items
  • $0Extraordinary gains - net
  • $327Net income attributable to bank
  • $0Net charge-offs
  • $327Cash dividends
  • $74Sale, conversion, retirement of capital stock, net
  • $196Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.23%Yield on earning assets
  • 0.73%Cost of funding earning assets
  • 3.51%Net interest margin
  • 0.49%Noninterest income to earning assets
  • 3.15%Noninterest expense to earning assets
  • 0.63%Net operating income to assets
  • 0.64%Return on assets (ROA)
  • 0.61%Pretax return on assets
  • 5.19%Return on equity (ROE)
  • 2.08%Retained earnings to average equity (YTD only)
  • 0.35%Net charge-offs to loans
  • 135.14%Credit loss provision to net charge-offs
  • 5.46%Efficiency ratio
  • 78,647Assets per employee
  • 2.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 59.94%Loss allowance to loans
  • 2.29%Loss allowance to noncurrent loans
  • 15.74%Noncurrent assets plus other real estate owned to assets
  • 5.42%Noncurrent loans to loans
  • 14.55%Net loans and leases to deposits
  • 40.36%Net loans and leases to core deposits
  • 41.25%Equity capital to assets
  • 11.91%Core capital (leverage) ratio
  • 11.47%Tier 1 risk-based capital ratio
  • 23.84%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $51,030Average earning assets
  • $6,304Average equity
  • $47,280Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $23Managed Assets
  • 1Number of Accounts
  • $23Personal trust and agency accounts
  • $23Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 2 Arkansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    014790The First National Bank Of Mcgehee500 North Second Street, Mcgehee, AR 71654January 02, 1974Full Service Brick and Mortar
    1252787Mcgehee Branch703 Ushwy 65 N., Mcgehee, AR 71654December 30, 1997Full Service Brick and Mortar

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