FDIC Certificate #: 9614 Status: Active Federal Reserve ID: 470434 Bank Holding Company (Regulatory Top Holder): Red Level Financial Corporation (RSSDID: 2944706, Location: Red Level, AL) Date Established: August 01, 1914 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 #: 6142 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: No 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: June 07, 2010 Last Data Update: June 07, 2010 Data Source Date: April 05, 2012
Location
Address: 29607 Main Street, Red Level, AL 36474 County: Covington Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Pensacola Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $15.1 mil Equity capital: $1.9 mil Deposits held in domestic offices: $13.2 mil Return on assets (ROA): 0.67% ($0.1 mil) Quarterly return on assets: -0.23% (-$0.0 mil) Return on Equity (ROE): 5.62% ($0.1 mil) Quarterly return on equity: -1.90% (-$0.0 mil) Net income: $0.1 mil Quarterly Net income: -$0.0 mil Pretax return on assets: 0.83% ($125.6 mil) Quarterly Pretax return on assets: -0.31% (-$46.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
6Total employees (full-time equivalent)
$15,133Total assets
$1,250Cash and due from depository institutions
$0Interest-bearing balances
$8,360Securities
$0Federal funds sold & reverse repurchase agreements
$5,300Net loans & leases
$83Loan loss allowance
$0Trading account assets
$22Bank premises and fixed assets
$60Other real estate owned
$0Goodwill and other intangibles
$15,133Life insurance assets
$141All other assets
$13,251Total liabilities and capital
$13,212Total liabilities
$10,014Total deposits
$13,212Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$39Subordinated debt
$1,882All other liabilities
$1,882Total equity capital
$1,882Total bank equity capital
$0Perpetual preferred stock
$50Common stock
$100Surplus
$1,732Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$112Income earned, not collected on loans
$0Earning assets
$83Long-term assets (5+ years)
$13,660Average Assets, year-to-date
$3,343Average Assets, quarterly
$15,430Volatile liabilities
$15,637Insider loans
$7,525FHLB advances
$15,765Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,875Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$248Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$709Total interest income
$72Total interest expense
$637Net interest income
$35Provision for loan and lease losses
$104Total noninterest income
$0Fiduciary activities
$92Service charges on deposit accounts
$0Trading account gains & fees
$12Additional noninterest income
$578Total noninterest expense
$295Salaries and employee benefits
$67Premises and equipment expense
$216Additional noninterest expense
$128Pre-tax net operating income
$0Securities gains (losses)
$25Applicable income taxes
$103Income before extraordinary items
$0Extraordinary gains - net
$103Net income attributable to bank
$0Net charge-offs
$103Cash dividends
$46Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.08%Yield on earning assets
0.52%Cost of funding earning assets
4.56%Net interest margin
0.74%Noninterest income to earning assets
4.14%Noninterest expense to earning assets
0.67%Net operating income to assets
0.67%Return on assets (ROA)
0.83%Pretax return on assets
5.62%Return on equity (ROE)
5.62%Retained earnings to average equity (YTD only)
0.89%Net charge-offs to loans
76.09%Credit loss provision to net charge-offs
3.54%Efficiency ratio
78,003Assets per employee
2.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.54%Loss allowance to noncurrent loans
74.11%Noncurrent assets plus other real estate owned to assets
1.14%Noncurrent loans to loans
2.08%Net loans and leases to deposits
40.12%Net loans and leases to core deposits
41.72%Equity capital to assets
12.44%Core capital (leverage) ratio
11.89%Tier 1 risk-based capital ratio
24.92%Total risk-based capital ratio
Memoranda
$26Average assets
$15,430Average earning assets
$1,831Average equity
$13,962Average loans
List of branches
1 Alabama Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
6142
The Peoples Bank Of Red Level
29607 Main Street, Red Level, AL 36474
August 01, 1914
Full Service Brick and Mortar
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