The Mer Rouge State Bank in Mer Rouge, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Mer Rouge State Bank - Overview

  • General
  • FDIC Certificate #: 314
    Status: Active
    Federal Reserve ID: 741956
    Date Established: January 01, 1903
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 252
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural 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: 102 Davenport Avenue, Mer Rouge, LA 71261
    County: Morehouse
    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
    Combined Statistical Area (CSA): Monroe-Bastrop, LA (#384)
    Core Based Statistical Area (CBSA): Bastrop, LA (#12820)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $41.7 mil
    Equity capital: $5.1 mil
    Deposits held in domestic offices: $36.5 mil
    Return on assets (ROA): 0.69% ($0.3 mil)
    Quarterly return on assets: 0.49% ($0.2 mil)
    Return on Equity (ROE): 5.75% ($0.3 mil)
    Quarterly return on equity: 4.01% ($0.2 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.83% ($346.4 mil)
    Quarterly Pretax return on assets: 0.50% ($208.7 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
  • 10Total employees (full-time equivalent)
  • $41,740Total assets
  • $3,199Cash and due from depository institutions
  • $500Interest-bearing balances
  • $8,647Securities
  • $13,200Federal funds sold & reverse repurchase agreements
  • $15,579Net loans & leases
  • $256Loan loss allowance
  • $0Trading account assets
  • $602Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $41,740Life insurance assets
  • $513All other assets
  • $36,633Total liabilities and capital
  • $36,454Total liabilities
  • $27,813Total deposits
  • $36,454Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $179Subordinated debt
  • $5,107All other liabilities
  • $5,107Total equity capital
  • $5,107Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $3,022Surplus
  • $1,485Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $475Income earned, not collected on loans
  • $0Earning assets
  • $316Long-term assets (5+ years)
  • $37,926Average Assets, year-to-date
  • $6,737Average Assets, quarterly
  • $41,953Volatile liabilities
  • $42,785Insider loans
  • $20,453FHLB advances
  • $43,004Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,882Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,063Restructured Loans and leases
  • $339Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,565Total interest income
  • $191Total interest expense
  • $1,374Net interest income
  • $0Provision for loan and lease losses
  • $118Total noninterest income
  • $0Fiduciary activities
  • $80Service charges on deposit accounts
  • $0Trading account gains & fees
  • $38Additional noninterest income
  • $1,144Total noninterest expense
  • $629Salaries and employee benefits
  • $186Premises and equipment expense
  • $329Additional noninterest expense
  • $348Pre-tax net operating income
  • $0Securities gains (losses)
  • $57Applicable income taxes
  • $291Income before extraordinary items
  • $0Extraordinary gains - net
  • $291Net income attributable to bank
  • $0Net charge-offs
  • $291Cash dividends
  • -$3Sale, conversion, retirement of capital stock, net
  • $210Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.08%Yield on earning assets
  • 0.50%Cost of funding earning assets
  • 3.59%Net interest margin
  • 0.31%Noninterest income to earning assets
  • 2.99%Noninterest expense to earning assets
  • 0.69%Net operating income to assets
  • 0.69%Return on assets (ROA)
  • 0.83%Pretax return on assets
  • 5.75%Return on equity (ROE)
  • 1.60%Retained earnings to average equity (YTD only)
  • -0.02%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 76,676Assets per employee
  • 4.17%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 72.16%Loss allowance to loans
  • 1.62%Loss allowance to noncurrent loans
  • 53.89%Noncurrent assets plus other real estate owned to assets
  • 1.14%Noncurrent loans to loans
  • 3.00%Net loans and leases to deposits
  • 42.74%Net loans and leases to core deposits
  • 45.43%Equity capital to assets
  • 12.24%Core capital (leverage) ratio
  • 11.35%Tier 1 risk-based capital ratio
  • 23.87%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $41,953Average earning assets
  • $5,064Average equity
  • $38,323Average loans

List of branches

  • 1 Louisiana Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0252The Mer Rouge State Bank102 Davenport Avenue, Mer Rouge, LA 71261January 01, 1903Full Service Brick and Mortar

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