The Lamar Bank in Purvis, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 24, 2001

  • The Lamar Bank in Purvis, Mississippi (MS)
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The Lamar Bank - Overview

  • General
  • FDIC Certificate #: 11421
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Hancock Bank (#12441)
    Federal Reserve ID: 102230
    Date Established: January 01, 1904
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 9 (Interstate: No)
    OTS Docket #: 12887
    FDIC's unique #: 7292
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: September 24, 2001
    Last Structure Change Process Date: October 26, 2001
    Last Data Update: October 26, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 401 Ohio Avenue, Purvis, MS 39475
    County: Lamar
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Jackson Ms
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Hattiesburg, MS (#3285)
    Core Based Statistical Area (CBSA): Hattiesburg, MS (#25620)
    CBSA Metro Statistical Area: Hattiesburg, MS (#25620)
  • Financial Summary
  • Total assets: $424.2 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, 2000)

  • Dollar figures in thousands
  • 155Total employees (full-time equivalent)
  • $413,610Total assets
  • $13,170Cash and due from depository institutions
  • $0Interest-bearing balances
  • $152,584Securities
  • $12,510Federal funds sold & reverse repurchase agreements
  • $216,923Net loans & leases
  • $5,483Loan loss allowance
  • $0Trading account assets
  • $9,917Bank premises and fixed assets
  • $593Other real estate owned
  • $79Goodwill and other intangibles
  • $0Life insurance assets
  • $7,834All other assets
  • $413,610Total liabilities and capital
  • $380,089Total liabilities
  • $308,220Total deposits
  • $267,744Interest-bearing deposits
  • $308,220Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $70,000Other borrowed funds
  • $0Subordinated debt
  • $1,869All other liabilities
  • $33,521Total equity capital
  • $33,521Total bank equity capital
  • $33,521Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $31,850Undivided profits
  • Memoranda
  • $1,171Noncurrent loans and leases
  • $15,882Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,133Earning assets
  • $0Long-term assets (5+ years)
  • $2,206Average Assets, year-to-date
  • $382,017Average Assets, quarterly
  • $111,760Volatile liabilities
  • $410,170Insider loans
  • $409,691FHLB advances
  • $83,773Loans and leases held for sale
  • $989Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $778Total risk weighted assets
  • $15,882Total unused commitments
  • $0Restructured Loans and leases
  • $3,055Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $32,004Total interest income
  • $18,352Total interest expense
  • $13,652Net interest income
  • $2,832Provision for loan and lease losses
  • $3,685Total noninterest income
  • $0Fiduciary activities
  • $2,295Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,390Additional noninterest income
  • $10,871Total noninterest expense
  • $5,882Salaries and employee benefits
  • $2,106Premises and equipment expense
  • $2,883Additional noninterest expense
  • $3,634Pre-tax net operating income
  • $0Securities gains (losses)
  • $705Applicable income taxes
  • $2,929Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,929Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,619Sale, conversion, retirement of capital stock, net
  • $850Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.48%Yield on earning assets
  • 4.86%Cost of funding earning assets
  • 3.62%Net interest margin
  • 0.98%Noninterest income to earning assets
  • 2.88%Noninterest expense to earning assets
  • 0.71%Net operating income to assets
  • 0.71%Return on assets (ROA)
  • 0.89%Pretax return on assets
  • 9.46%Return on equity (ROE)
  • 6.71%Retained earnings to average equity (YTD only)
  • 0.70%Net charge-offs to loans
  • 174.92%Credit loss provision to net charge-offs
  • 3.99%Efficiency ratio
  • 62,664Assets per employee
  • 2.67%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 29.02%Loss allowance to loans
  • 2.47%Loss allowance to noncurrent loans
  • 257.06%Noncurrent assets plus other real estate owned to assets
  • 0.66%Noncurrent loans to loans
  • 0.96%Net loans and leases to deposits
  • 70.38%Net loans and leases to core deposits
  • 88.74%Equity capital to assets
  • 8.10%Core capital (leverage) ratio
  • 8.28%Tier 1 risk-based capital ratio
  • 14.06%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $410,170Average earning assets
  • $30,965Average equity
  • $377,275Average loans

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