Union Planters Bank of Southern Mississippi in Hattiesburg, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1998

  • Union Planters Bank of Southern Mississippi in Hattiesburg, Mississippi (MS)
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Union Planters Bank of Southern Mississippi - Overview

  • General
  • FDIC Certificate #: 34051
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Union Planters Bank, National Association (#4979)
    Federal Reserve ID: 570736
    Date Established: August 24, 1995
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 59 (Interstate: No)
    OTS Docket #: 13605
    FDIC's unique #: 56130
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: August 24, 1995
    Last Structure Change Effective Date: January 01, 1998
    Last Structure Change Process Date: January 26, 1998
    Last Data Update: January 26, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 110 South 40th Avenue, Hattiesburg, MS 39402
    County: Forrest
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Jackson Ms
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Hattiesburg, MS (#3285)
    Core Based Statistical Area (CBSA): Hattiesburg, MS (#25620)
    CBSA Metro Statistical Area: Hattiesburg, MS (#25620)
  • Financial Summary
  • Total assets: $1,298.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 928Total employees (full-time equivalent)
  • $1,298,845Total assets
  • $46,146Cash and due from depository institutions
  • $2,016Interest-bearing balances
  • $135,115Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,016,209Net loans & leases
  • $16,040Loan loss allowance
  • $0Trading account assets
  • $29,788Bank premises and fixed assets
  • $6,900Other real estate owned
  • $10,775Goodwill and other intangibles
  • $0Life insurance assets
  • $53,912All other assets
  • $1,298,845Total liabilities and capital
  • $1,162,991Total liabilities
  • $981,411Total deposits
  • $762,251Interest-bearing deposits
  • $981,411Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $27,416Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $140,713Other borrowed funds
  • $0Subordinated debt
  • $13,451All other liabilities
  • $135,854Total equity capital
  • $135,854Total bank equity capital
  • $135,854Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $30,764Undivided profits
  • Memoranda
  • $103,090Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $27,234Earning assets
  • $8,641Long-term assets (5+ years)
  • $10,832Average Assets, year-to-date
  • $1,153,340Average Assets, quarterly
  • $363,180Volatile liabilities
  • $1,614,558Insider loans
  • $1,470,686FHLB advances
  • $210,080Loans and leases held for sale
  • $430Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $60,698Total unused commitments
  • $0Restructured Loans and leases
  • $810,891Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $133,481Total interest income
  • $55,569Total interest expense
  • $77,912Net interest income
  • $9,122Provision for loan and lease losses
  • $30,202Total noninterest income
  • $0Fiduciary activities
  • $20,486Service charges on deposit accounts
  • $0Trading account gains & fees
  • $9,716Additional noninterest income
  • $82,505Total noninterest expense
  • $33,573Salaries and employee benefits
  • $14,075Premises and equipment expense
  • $34,857Additional noninterest expense
  • $16,487Pre-tax net operating income
  • -$329Securities gains (losses)
  • $5,746Applicable income taxes
  • $10,412Income before extraordinary items
  • $0Extraordinary gains - net
  • $10,412Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $3,119Sale, conversion, retirement of capital stock, net
  • $15,262Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.86%Yield on earning assets
  • 4.10%Cost of funding earning assets
  • 5.75%Net interest margin
  • 2.23%Noninterest income to earning assets
  • 6.09%Noninterest expense to earning assets
  • 0.66%Net operating income to assets
  • 0.64%Return on assets (ROA)
  • 1.00%Pretax return on assets
  • 7.43%Return on equity (ROE)
  • -3.46%Retained earnings to average equity (YTD only)
  • 0.27%Net charge-offs to loans
  • 292.47%Credit loss provision to net charge-offs
  • 8.21%Efficiency ratio
  • 69,713Assets per employee
  • 1.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 146.58%Loss allowance to loans
  • 1.55%Loss allowance to noncurrent loans
  • 58.90%Noncurrent assets plus other real estate owned to assets
  • 2.63%Noncurrent loans to loans
  • 2.64%Net loans and leases to deposits
  • 103.55%Net loans and leases to core deposits
  • 112.53%Equity capital to assets
  • 10.46%Core capital (leverage) ratio
  • 9.81%Tier 1 risk-based capital ratio
  • 16.06%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $1,614,558Average earning assets
  • $140,140Average equity
  • $1,354,024Average loans

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