Bank of Brookhaven in Brookhaven, Mississippi (MS)
| Bank of Brookhaven | |
|---|---|
| General | FDIC Certificate #: 35439 Status: Active Federal Reserve ID: 2877831 Date Established: January 31, 2000 WWW: http://www.bankofbrookhaven.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 80038 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: Commercial Lending Specialization Date of Deposit Insurance: January 31, 2000 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012 |
| Location | Address: 411 Brookway Boulevard, Brookhaven, MS 39601 County: Lincoln 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 Core Based Statistical Area (CBSA): Brookhaven, MS (#15020) CBSA Micro Statistical Area: Yes |
| History of Changes | Merge BIF and SAIF Funds into DIF |
| Financial Summary | Total assets: $125.4 mil Equity capital: $14.3 mil Deposits held in domestic offices: $109.0 mil Return on assets (ROA): 0.88% ($1.1 mil) Quarterly return on assets: 0.41% ($0.5 mil) Return on Equity (ROE): 7.73% ($1.1 mil) Quarterly return on equity: 3.55% ($0.5 mil) Net income: $1.1 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.22% ($1,529.5 mil) Quarterly Pretax return on assets: 0.58% ($727.2 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 27 |
| Total assets | $125,371 |
| Cash and due from depository institutions | $11,861 |
| Interest-bearing balances | $7,892 |
| Securities | $43,188 |
| Federal funds sold & reverse repurchase agreements | $550 |
| Net loans & leases | $62,879 |
| Loan loss allowance | $1,107 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $2,478 |
| Other real estate owned | $543 |
| Goodwill and other intangibles | $0 |
| All other assets | $3,872 |
| Life insurance assets | $125,371 |
| Total liabilities and capital | $111,047 |
| Total liabilities | $109,018 |
| Total deposits | $90,767 |
| Interest-bearing deposits | $109,018 |
| Deposits held in domestic offices | $68 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $2,029 |
| All other liabilities | $14,324 |
| Total equity capital | $14,324 |
| Total bank equity capital | $14,324 |
| Perpetual preferred stock | $0 |
| Common stock | $2,133 |
| Surplus | $6,477 |
| Undivided profits | $5,714 |
| 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 | $66 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $541 |
| Average Assets, year-to-date | $114,509 |
| Average Assets, quarterly | $22,143 |
| Volatile liabilities | $122,667 |
| Insider loans | $124,266 |
| FHLB advances | $78,378 |
| Loans and leases held for sale | $123,360 |
| Unused loan commitments | $1,889 |
| Tier 1 (core) risk-based capital | $1,889 |
| Tier 2 risk-based capital | $13,318 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $4,537 |
| Derivatives | $3,781 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $5,022 |
| Total interest expense | $819 |
| Net interest income | $4,203 |
| Provision for loan and lease losses | $0 |
| Total noninterest income | $1,047 |
| Fiduciary activities | $21 |
| Service charges on deposit accounts | $737 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $289 |
| Total noninterest expense | $3,797 |
| Salaries and employee benefits | $1,958 |
| Premises and equipment expense | $348 |
| Additional noninterest expense | $1,491 |
| Pre-tax net operating income | $1,453 |
| Securities gains (losses) | $49 |
| Applicable income taxes | $427 |
| Income before extraordinary items | $1,075 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $1,075 |
| Net charge-offs | $0 |
| Cash dividends | $1,075 |
| Sale, conversion, retirement of capital stock, net | $3 |
| Net operating income | $375 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.50% |
| Cost of funding earning assets | 0.73% |
| Net interest margin | 3.77% |
| Noninterest income to earning assets | 0.94% |
| Noninterest expense to earning assets | 3.40% |
| Net operating income to assets | 0.85% |
| Return on assets (ROA) | 0.88% |
| Pretax return on assets | 1.22% |
| Return on equity (ROE) | 7.73% |
| Retained earnings to average equity (YTD only) | 5.04% |
| Net charge-offs to loans | 0.00% |
| Credit loss provision to net charge-offs | 0.00% |
| Efficiency ratio | 484.33% |
| Assets per employee | $72,324 |
| Cash dividends to net income (YTD only) | 4.64% |
| Condition Ratios (%) | |
| Loss allowance to loans | 34.88% |
| Loss allowance to noncurrent loans | 1.73% |
| Noncurrent assets plus other real estate owned to assets | 1677.27% |
| Noncurrent loans to loans | 0.49% |
| Net loans and leases to deposits | 0.10% |
| Net loans and leases to core deposits | 57.68% |
| Equity capital to assets | 58.62% |
| Core capital (leverage) ratio | 11.43% |
| Tier 1 risk-based capital ratio | 10.80% |
| Total risk-based capital ratio | 16.99% |
| Memoranda | |
| Average assets | $18 |
| Average earning assets | $122,667 |
| Average equity | $13,900 |
| Average loans | $111,614 |
| Total Fiduciary and Related Assets (December 31, 2011) (Dollar figures in thousands) | |
| Total fiduciary and related assets | $1 |
| Number of Fiduciary Accounts and Related Asset Accounts | 1 |
| Fiduciary powers granted | Yes |
| Fiduciary or related activity | Yes |
| Managed Assets | $7,349 |
| Number of Accounts | 1 |
| Personal trust and agency accounts | $1,435 |
| Employee benefit-defined contribution accounts | $1,435 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $0 |
| Corporate trust and agency accounts | $0 |
| Investment management agency accounts | $0 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $0 |
| Non-managed Assets | $0 |
| Number of Accounts | 18 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $5,914 |
| Corporate trust and agency accounts | $5,206 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $708 |
| 1 Mississippi Branch as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 80038 | Bank Of Brookhaven | 411 Brookway Boulevard, Brookhaven, MS 39601 | January 31, 2000 | Full Service Brick and Mortar |  |
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