The Peoples Bank in Magnolia, Arkansas (AR)



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The Peoples Bank routing number info

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The Peoples Bank
GeneralFDIC Certificate #: 12531
Status: Active
Federal Reserve ID: 712648
Bank Holding Company (Regulatory Top Holder): Golden Oaks Bancshares, Inc. (RSSDID: 1098684, Location: Magnolia, AR)
Date Established: January 01, 1910
WWW: http://www.peoplesbankmagnolia.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 7974
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: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: Febuary 08, 2011
Last Data Update: Febuary 08, 2011
Data Source Date: April 05, 2012
LocationAddress: 500 North Jackson, Magnolia, AR 71753
County: Columbia
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): Magnolia, AR (#31620)
CBSA Micro Statistical Area: Yes
History of ChangesCorrections
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $149.9 mil
Equity capital: $12.4 mil
Deposits held in domestic offices: $102.7 mil
Return on assets (ROA): 1.16% ($1.7 mil)
Quarterly return on assets: 0.97% ($1.5 mil)
Return on Equity (ROE): 14.88% ($1.8 mil)
Quarterly return on equity: 12.06% ($1.4 mil)
Net income: $1.8 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.16% ($1,739.4 mil)
Quarterly Pretax return on assets: 0.97% ($1,454.5 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)
Total employees (full-time equivalent)35
Total assets$149,947
Cash and due from depository institutions$44,903
Interest-bearing balances$42,799
Securities$49,115
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$50,657
Loan loss allowance $482
Trading account assets$0
Bank premises and fixed assets$1,862
Other real estate owned$120
Goodwill and other intangibles$0
All other assets$3,290
Life insurance assets$149,947
Total liabilities and capital$137,597
Total liabilities$102,678
Total deposits$95,072
Interest-bearing deposits$102,678
Deposits held in domestic offices$99
% insured (estimated)100.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$34,334
Other borrowed funds $0
Subordinated debt $485
All other liabilities $12,350
Total equity capital$12,350
Total bank equity capital$12,350
Perpetual preferred stock$0
Common stock$0
Surplus$1,388
Undivided profits $10,962
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $577
Earning assets $0
Long-term assets (5+ years) $824
Average Assets, year-to-date $142,571
Average Assets, quarterly $60,994
Volatile liabilities $150,625
Insider loans $151,462
FHLB advances $62,776
Loans and leases held for sale $154,462
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $12,092
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,195
Derivatives$1,669
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $6,471
Total interest expense $2,737
Net interest income $3,734
Provision for loan and lease losses $0
Total noninterest income $640
Fiduciary activities $0
Service charges on deposit accounts $484
Trading account gains & fees $0
Additional noninterest income $156
Total noninterest expense $2,625
Salaries and employee benefits $1,596
Premises and equipment expense $251
Additional noninterest expense $778
Pre-tax net operating income $1,749
Securities gains (losses) $3
Applicable income taxes $0
Income before extraordinary items $1,752
Extraordinary gains - net $0
Net income attributable to bank $1,752
Net charge-offs $0
Cash dividends $1,752
Sale, conversion, retirement of capital stock, net $34
Net operating income $515
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.51%
Cost of funding earning assets 1.91%
Net interest margin 2.60%
Noninterest income to earning assets 0.45%
Noninterest expense to earning assets 1.83%
Net operating income to assets 1.16%
Return on assets (ROA) 1.16%
Pretax return on assets 1.16%
Return on equity (ROE) 14.88%
Retained earnings to average equity (YTD only) 10.51%
Net charge-offs to loans 0.07%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio51.44%
Assets per employee$60,014
Cash dividends to net income (YTD only)4.28%
Condition Ratios (%)
Loss allowance to loans 29.39%
Loss allowance to noncurrent loans 0.94%
Noncurrent assets plus other real estate owned to assets 83.54%
Noncurrent loans to loans 0.46%
Net loans and leases to deposits1.13%
Net loans and leases to core deposits 49.34%
Equity capital to assets 95.25%
Core capital (leverage) ratio 8.24%
Tier 1 risk-based capital ratio 7.83%
Total risk-based capital ratio 19.26%
Memoranda
Average assets$20
Average earning assets$150,625
Average equity $11,774
Average loans $143,508
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3 Arkansas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
07974The Peoples Bank500 North Jackson, Magnolia, AR 71753January 01, 1910Full Service Brick and Mortar
2227375Golden Oaks BranchEast Dixon And South Walnut Streets, Waldo, AR 71770September 08, 1975Full Service Brick and Mortar
5461755Lakewood Banking Center103 Highway 79 Bypass North, Magnolia, AR 71753March 21, 2007Full Service Brick and Mortar
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