The Slocomb National Bank in Slocomb, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Slocomb National Bank - Overview

  • General
  • FDIC Certificate #: 2828
    Status: Active
    Federal Reserve ID: 244037
    Bank Holding Company (Regulatory Top Holder): Snb Holdings, Inc. (RSSDID: 2848653, Location: Slocomb, AL)
    Date Established: October 01, 1905
    WWW: http://www.friendbank.net
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 10482
    FDIC's unique #: 1849
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 01, 2010
    Last Structure Change Process Date: June 01, 2010
    Last Data Update: June 01, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 220 E. Lawrence Harris Hwy, Slocomb, AL 36375
    County: Geneva
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Montgomery
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Combined Statistical Area (CSA): Dothan-Enterprise-Ozark, AL (#222)
    Core Based Statistical Area (CBSA): Dothan, AL (#20020)
    CBSA Metro Statistical Area: Dothan, AL (#20020)
  • Financial Summary
  • Total assets: $72.7 mil
    Equity capital: $7.6 mil
    Deposits held in domestic offices: $62.7 mil
    Return on assets (ROA): 0.86% ($0.6 mil)
    Quarterly return on assets: 0.75% ($0.5 mil)
    Return on Equity (ROE): 8.73% ($0.7 mil)
    Quarterly return on equity: 7.20% ($0.6 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.86% ($625.0 mil)
    Quarterly Pretax return on assets: 0.62% ($450.6 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
  • 22Total employees (full-time equivalent)
  • $72,672Total assets
  • $12,635Cash and due from depository institutions
  • $10,341Interest-bearing balances
  • $11,189Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $43,955Net loans & leases
  • $1,007Loan loss allowance
  • $0Trading account assets
  • $3,884Bank premises and fixed assets
  • $111Other real estate owned
  • $0Goodwill and other intangibles
  • $72,672Life insurance assets
  • $898All other assets
  • $65,037Total liabilities and capital
  • $62,680Total liabilities
  • $54,671Total deposits
  • $62,680Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,250Trading liabilities
  • $0Other borrowed funds
  • $107Subordinated debt
  • $7,635All other liabilities
  • $7,635Total equity capital
  • $7,635Total bank equity capital
  • $0Perpetual preferred stock
  • $105Common stock
  • $1,879Surplus
  • $5,651Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,446Income earned, not collected on loans
  • $0Earning assets
  • $268Long-term assets (5+ years)
  • $65,485Average Assets, year-to-date
  • $15,859Average Assets, quarterly
  • $75,819Volatile liabilities
  • $73,315Insider loans
  • $40,354FHLB advances
  • $73,566Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,411Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,785Restructured Loans and leases
  • $1,219Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,436Total interest income
  • $638Total interest expense
  • $2,798Net interest income
  • $340Provision for loan and lease losses
  • $708Total noninterest income
  • $0Fiduciary activities
  • $473Service charges on deposit accounts
  • $0Trading account gains & fees
  • $235Additional noninterest income
  • $2,440Total noninterest expense
  • $1,250Salaries and employee benefits
  • $299Premises and equipment expense
  • $891Additional noninterest expense
  • $726Pre-tax net operating income
  • -$71Securities gains (losses)
  • $6Applicable income taxes
  • $649Income before extraordinary items
  • $0Extraordinary gains - net
  • $649Net income attributable to bank
  • $0Net charge-offs
  • $649Cash dividends
  • $205Sale, conversion, retirement of capital stock, net
  • $382Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.01%Yield on earning assets
  • 0.93%Cost of funding earning assets
  • 4.08%Net interest margin
  • 1.03%Noninterest income to earning assets
  • 3.56%Noninterest expense to earning assets
  • 0.95%Net operating income to assets
  • 0.86%Return on assets (ROA)
  • 0.86%Pretax return on assets
  • 8.73%Return on equity (ROE)
  • 3.59%Retained earnings to average equity (YTD only)
  • 0.43%Net charge-offs to loans
  • 165.85%Credit loss provision to net charge-offs
  • 5.20%Efficiency ratio
  • 69,595Assets per employee
  • 3.30%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 58.86%Loss allowance to loans
  • 2.24%Loss allowance to noncurrent loans
  • 69.64%Noncurrent assets plus other real estate owned to assets
  • 2.14%Noncurrent loans to loans
  • 3.22%Net loans and leases to deposits
  • 70.13%Net loans and leases to core deposits
  • 72.25%Equity capital to assets
  • 10.51%Core capital (leverage) ratio
  • 10.07%Tier 1 risk-based capital ratio
  • 18.36%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $75,819Average earning assets
  • $7,438Average equity
  • $68,524Average loans

List of branches

  • 2 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01849The Slocomb National Bank220 E. Lawrence Harris Hwy, Slocomb, AL 36375October 01, 1905Full Service Brick and Mortar
    1466507Slocomb National Bank - Dothan Branc3105 Ross Clark Circle, Dothan, AL 36303March 12, 2007Full Service Brick and Mortar

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