Twin Lakes Community Bank in Flippin, Arkansas (AR)



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Twin Lakes Community Bank routing number info

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Twin Lakes Community Bank
GeneralFDIC Certificate #: 15880
Status: Active
Federal Reserve ID: 3405633
Bank Holding Company (Regulatory Top Holder): First National Corporation Of Wynne (RSSDID: 1132159, Location: Wynne, AR)
Date Established: December 02, 1930
WWW: http://www.tlcbank.net
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 10117
Numeric code: 13
Regulator: FED
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: Commercial Lending Specialization
Date of Deposit Insurance: Febuary 10, 1942
Last Structure Change Effective Date: December 12, 2011
Last Structure Change Process Date: December 13, 2011
Last Data Update: December 13, 2011
Data Source Date: April 05, 2012
LocationAddress: 301 South First, Flippin, AR 72634
County: Marion
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Little Rock
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Financial SummaryTotal assets: $85.4 mil
Equity capital: $8.9 mil
Deposits held in domestic offices: $76.2 mil
Return on assets (ROA): -2.58% (-$2.2 mil)
Quarterly return on assets: -1.48% (-$1.3 mil)
Return on Equity (ROE): -21.54% (-$1.9 mil)
Quarterly return on equity: -13.72% (-$1.2 mil)
Net income: -$2.2 mil
Quarterly Net income: -$0.3 mil
Pretax return on assets: -2.58% (-$2,203.5 mil)
Quarterly Pretax return on assets: -1.48% (-$1,264.0 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)32
Total assets$85,408
Cash and due from depository institutions$2,150
Interest-bearing balances$95
Securities$10,129
Federal funds sold & reverse repurchase agreements$12,310
Net loans & leases$53,205
Loan loss allowance $1,745
Trading account assets$0
Bank premises and fixed assets$5,568
Other real estate owned$639
Goodwill and other intangibles$225
All other assets$1,182
Life insurance assets$85,408
Total liabilities and capital$76,464
Total liabilities$76,159
Total deposits$73,582
Interest-bearing deposits$76,159
Deposits held in domestic offices$95
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$100
Other borrowed funds $0
Subordinated debt $205
All other liabilities $8,944
Total equity capital$8,944
Total bank equity capital$8,944
Perpetual preferred stock$0
Common stock$5
Surplus$11,818
Undivided profits $-2,879
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 $2,705
Earning assets $0
Long-term assets (5+ years) $511
Average Assets, year-to-date $75,739
Average Assets, quarterly $8,918
Volatile liabilities $83,839
Insider loans $84,904
FHLB advances $60,176
Loans and leases held for sale $85,285
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $8,663
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $3,159
Derivatives$2,791
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,219
Total interest expense $1,449
Net interest income $2,770
Provision for loan and lease losses $2,384
Total noninterest income $203
Fiduciary activities $0
Service charges on deposit accounts $98
Trading account gains & fees $0
Additional noninterest income $105
Total noninterest expense $2,772
Salaries and employee benefits $1,484
Premises and equipment expense $286
Additional noninterest expense $1,002
Pre-tax net operating income -$2,183
Securities gains (losses) $24
Applicable income taxes $0
Income before extraordinary items -$2,159
Extraordinary gains - net $0
Net income attributable to bank -$2,159
Net charge-offs $0
Cash dividends -$2,159
Sale, conversion, retirement of capital stock, net $1,696
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.60%
Cost of funding earning assets 1.92%
Net interest margin 3.68%
Noninterest income to earning assets 0.27%
Noninterest expense to earning assets 3.68%
Net operating income to assets -2.60%
Return on assets (ROA) -2.58%
Pretax return on assets -2.58%
Return on equity (ROE) -21.54%
Retained earnings to average equity (YTD only) -21.54%
Net charge-offs to loans 2.87%
Credit loss provision to net charge-offs 140.57%
Efficiency ratio0.12%
Assets per employee$93,239
Cash dividends to net income (YTD only)2.67%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 3.18%
Noncurrent assets plus other real estate owned to assets 64.51%
Noncurrent loans to loans 3.92%
Net loans and leases to deposits4.92%
Net loans and leases to core deposits 69.86%
Equity capital to assets 73.52%
Core capital (leverage) ratio 10.47%
Tier 1 risk-based capital ratio 10.16%
Total risk-based capital ratio 14.40%
Memoranda
Average assets$16
Average earning assets$83,839
Average equity $10,022
Average loans $75,278
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3 Arkansas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
010117Twin Lakes Community Bank301 South First, Flippin, AR 72634December 02, 1930Full Service Brick and Mortar
3478348Mountain Home Branch150 West End Way, Mountain Home, AR 72654July 15, 2008Full Service Brick and Mortar
4491829Norfork Branch23 Wolf Street, Norfork, AR 72658April 23, 2009Full Service Brick and Mortar
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