The Peoples Bank of Red Level in Red Level, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Peoples Bank of Red Level - Overview

  • General
  • 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
  • NoIDNameAddressEstablishedService TypeMap
    06142The Peoples Bank Of Red Level29607 Main Street, Red Level, AL 36474August 01, 1914Full Service Brick and Mortar

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