West Carroll National Bank of Oak Grove in Oak Grove, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 17, 1997

  • West Carroll National Bank of Oak Grove in Oak Grove, Louisiana (LA)
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West Carroll National Bank of Oak Grove - Overview

  • General
  • FDIC Certificate #: 16615
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank of Louisiana (#28098)
    Federal Reserve ID: 751058
    Date Established: October 04, 1947
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    OTS Docket #: 10469
    FDIC's unique #: 10756
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: October 04, 1947
    Last Structure Change Effective Date: March 17, 1997
    Last Structure Change Process Date: April 16, 1997
    Last Data Update: April 16, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: Main And Horner Streets, Oak Grove, LA 71263
    County: West Carroll
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Shreveport
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
  • Financial Summary
  • Total assets: $130.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $57Total assets
  • $130,571Cash and due from depository institutions
  • $28,585Interest-bearing balances
  • $22,597Securities
  • $31,383Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $68,279Loan loss allowance
  • $707Trading account assets
  • $0Bank premises and fixed assets
  • $817Other real estate owned
  • $0Goodwill and other intangibles
  • $1,507Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $130,571Total liabilities
  • $119,378Total deposits
  • $117,390Interest-bearing deposits
  • $95,017Deposits held in domestic offices
  • 117390.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,988Total equity capital
  • $1,988Total bank equity capital
  • $11,193Perpetual preferred stock
  • $0Common stock
  • $201Surplus
  • $1,199Undivided profits
  • Memoranda
  • $9,793Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $459Income earned, not collected on loans
  • $1,019Earning assets
  • $122,259Long-term assets (5+ years)
  • $30,779Average Assets, year-to-date
  • $123,768Average Assets, quarterly
  • $127,895Volatile liabilities
  • $17,019Insider loans
  • $266FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $7,847Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $10,910Total risk weighted assets
  • $75,458Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $10,880Total interest expense
  • $4,359Net interest income
  • $6,521Provision for loan and lease losses
  • $2,080Total noninterest income
  • $1,085Fiduciary activities
  • $0Service charges on deposit accounts
  • $801Trading account gains & fees
  • $0Additional noninterest income
  • $284Total noninterest expense
  • $5,364Salaries and employee benefits
  • $2,236Premises and equipment expense
  • $655Additional noninterest expense
  • $2,473Pre-tax net operating income
  • $162Securities gains (losses)
  • $0Applicable income taxes
  • $1,210Income before extraordinary items
  • -$1,048Extraordinary gains - net
  • $0Net income attributable to bank
  • -$1,048Net charge-offs
  • $1,930Cash dividends
  • $300Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.42%Cost of funding earning assets
  • 3.78%Net interest margin
  • 5.65%Noninterest income to earning assets
  • 0.94%Noninterest expense to earning assets
  • 4.65%Net operating income to assets
  • -0.85%Return on assets (ROA)
  • -0.85%Pretax return on assets
  • 0.13%Return on equity (ROE)
  • -8.29%Retained earnings to average equity (YTD only)
  • -10.66%Net charge-offs to loans
  • 2.60%Credit loss provision to net charge-offs
  • 107.77%Efficiency ratio
  • 70,523Assets per employee
  • 2.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -28.63%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 154.03%Noncurrent assets plus other real estate owned to assets
  • 0.35%Noncurrent loans to loans
  • 0.67%Net loans and leases to deposits
  • 58.16%Net loans and leases to core deposits
  • 68.03%Equity capital to assets
  • 8.57%Core capital (leverage) ratio
  • 8.35%Tier 1 risk-based capital ratio
  • 14.46%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $123,768Average earning assets
  • $12,644Average equity
  • $115,450Average loans

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