The Highlands Bank in Jackson, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Highlands Bank - Overview

  • General
  • FDIC Certificate #: 310
    Status: Active
    Federal Reserve ID: 499538
    Bank Holding Company (Regulatory Top Holder): Boj Bancshares, Inc. (RSSDID: 1086177, Location: Jackson, LA)
    Date Established: January 01, 1904
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 248
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    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: Erin And Church Streets, Jackson, LA 70748
    County: East Feliciana
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Combined Statistical Area (CSA): Baton Rouge-Pierre Part, LA (#132)
    Core Based Statistical Area (CBSA): Baton Rouge, LA (#12940)
    CBSA Metro Statistical Area: Baton Rouge, LA (#12940)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $144.0 mil
    Equity capital: $15.5 mil
    Deposits held in domestic offices: $127.9 mil
    Return on assets (ROA): 1.18% ($1.7 mil)
    Quarterly return on assets: -0.04% (-$0.1 mil)
    Return on Equity (ROE): 10.82% ($1.7 mil)
    Quarterly return on equity: -0.39% (-$0.1 mil)
    Net income: $1.6 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: 1.18% ($1,699.7 mil)
    Quarterly Pretax return on assets: -0.04% (-$57.6 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, 2011)

  • Dollar figures in thousands
  • 40Total employees (full-time equivalent)
  • $144,046Total assets
  • $27,016Cash and due from depository institutions
  • $24,875Interest-bearing balances
  • $12,742Securities
  • $1,575Federal funds sold & reverse repurchase agreements
  • $95,229Net loans & leases
  • $1,658Loan loss allowance
  • $0Trading account assets
  • $3,068Bank premises and fixed assets
  • $1,433Other real estate owned
  • $0Goodwill and other intangibles
  • $144,046Life insurance assets
  • $2,983All other assets
  • $128,510Total liabilities and capital
  • $127,853Total liabilities
  • $105,241Total deposits
  • $127,853Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $657Subordinated debt
  • $15,536All other liabilities
  • $15,536Total equity capital
  • $15,536Total bank equity capital
  • $0Perpetual preferred stock
  • $225Common stock
  • $6,025Surplus
  • $9,286Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $363Income earned, not collected on loans
  • $0Earning assets
  • $805Long-term assets (5+ years)
  • $134,421Average Assets, year-to-date
  • $6,224Average Assets, quarterly
  • $139,319Volatile liabilities
  • $142,663Insider loans
  • $87,439FHLB advances
  • $143,861Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $15,364Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,523Restructured Loans and leases
  • $3,264Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,816Total interest income
  • $1,411Total interest expense
  • $5,405Net interest income
  • $1,035Provision for loan and lease losses
  • $1,104Total noninterest income
  • $0Fiduciary activities
  • $709Service charges on deposit accounts
  • $0Trading account gains & fees
  • $395Additional noninterest income
  • $3,832Total noninterest expense
  • $1,995Salaries and employee benefits
  • $540Premises and equipment expense
  • $1,297Additional noninterest expense
  • $1,642Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,642Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,642Net income attributable to bank
  • $0Net charge-offs
  • $1,642Cash dividends
  • $534Sale, conversion, retirement of capital stock, net
  • $890Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.22%Yield on earning assets
  • 1.08%Cost of funding earning assets
  • 4.14%Net interest margin
  • 0.85%Noninterest income to earning assets
  • 2.93%Noninterest expense to earning assets
  • 1.18%Net operating income to assets
  • 1.18%Return on assets (ROA)
  • 1.18%Pretax return on assets
  • 10.82%Return on equity (ROE)
  • 4.96%Retained earnings to average equity (YTD only)
  • 0.54%Net charge-offs to loans
  • 193.82%Credit loss provision to net charge-offs
  • 5.01%Efficiency ratio
  • 58,872Assets per employee
  • 3.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.20%Loss allowance to loans
  • 1.71%Loss allowance to noncurrent loans
  • 456.75%Noncurrent assets plus other real estate owned to assets
  • 1.25%Noncurrent loans to loans
  • 0.37%Net loans and leases to deposits
  • 74.48%Net loans and leases to core deposits
  • 86.14%Equity capital to assets
  • 10.79%Core capital (leverage) ratio
  • 10.68%Tier 1 risk-based capital ratio
  • 17.57%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $139,319Average earning assets
  • $15,173Average equity
  • $130,611Average loans

List of branches

  • 5 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0248The Highlands BankErin And Church Streets, Jackson, LA 70748January 01, 1904Full Service Brick and Mortar
    1181489Slaughter BranchHighway 19, Slaughter, LA 70777Febuary 01, 1980Full Service Brick and Mortar
    2364619Zachary Branch1112 Church Street, Zachary, LA 70791Febuary 04, 2002Full Service Brick and Mortar
    3458329St. Francisville Branch7370 Sthy 61, Saint Francisville, LA 70775January 26, 2007Full Service Brick and Mortar
    4468931Highland Road Office5505 Highland Road, Baton Rouge, LA 70808November 05, 2007Full Service Brick and Mortar

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