Britton & Koontz Bank, N.A. in Natchez, Mississippi (MS), LA
| Britton & Koontz Bank, N.A. | |
|---|---|
| General | FDIC Certificate #: 4995 Status: Active Federal Reserve ID: 539939 Bank Holding Company (Regulatory Top Holder): Britton & Koontz Capital Corporation (RSSDID: 1084212, Location: Natchez, MS) Date Established: July 01, 1933 WWW: http://www.bkbank.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 9 (Domestic: 9, Interstate: Yes) OTS Docket #: 10127 FDIC's unique #: 3332 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: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: January 01, 1934 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: 500 Main Street, Natchez, MS 39120 County: Adams 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): Natchez, MS-LA (#35020) CBSA Micro Statistical Area: Yes |
| History of Changes | Corrections Merge BIF and SAIF Funds into DIF |
| Financial Summary | Total assets: $365.8 mil Equity capital: $41.6 mil Deposits held in domestic offices: $265.4 mil Return on assets (ROA): 0.17% ($0.6 mil) Quarterly return on assets: 0.40% ($1.5 mil) Return on Equity (ROE): 1.48% ($0.6 mil) Quarterly return on equity: 3.57% ($1.5 mil) Net income: $0.6 mil Quarterly Net income: $0.4 mil Pretax return on assets: 0.07% ($256.1 mil) Quarterly Pretax return on assets: 0.42% ($1,536.5 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 102 |
| Total assets | $365,845 |
| Cash and due from depository institutions | $48,623 |
| Interest-bearing balances | $39,185 |
| Securities | $117,357 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $182,769 |
| Loan loss allowance | $4,288 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $7,308 |
| Other real estate owned | $3,701 |
| Goodwill and other intangibles | $235 |
| All other assets | $5,852 |
| Life insurance assets | $365,845 |
| Total liabilities and capital | $324,262 |
| Total liabilities | $265,414 |
| Total deposits | $210,417 |
| Interest-bearing deposits | $265,414 |
| Deposits held in domestic offices | $84 |
| % insured (estimated) | 48485.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $9,000 |
| Other borrowed funds | $0 |
| Subordinated debt | $1,363 |
| All other liabilities | $41,583 |
| Total equity capital | $41,583 |
| Total bank equity capital | $41,583 |
| Perpetual preferred stock | $0 |
| Common stock | $2,305 |
| Surplus | $15,084 |
| Undivided profits | $24,194 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $2,915 |
| Income earned, not collected on loans | $8,377 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $1,335 |
| Average Assets, year-to-date | $339,311 |
| Average Assets, quarterly | $127,338 |
| Volatile liabilities | $375,211 |
| Insider loans | $368,454 |
| FHLB advances | $221,793 |
| Loans and leases held for sale | $365,142 |
| Unused loan commitments | $1,106 |
| Tier 1 (core) risk-based capital | $1,106 |
| Tier 2 risk-based capital | $39,831 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $34,883 |
| Derivatives | $869 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $15,726 |
| Total interest expense | $4,221 |
| Net interest income | $11,505 |
| Provision for loan and lease losses | $4,692 |
| Total noninterest income | $3,103 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $1,430 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $1,673 |
| Total noninterest expense | $12,320 |
| Salaries and employee benefits | $6,372 |
| Premises and equipment expense | $2,229 |
| Additional noninterest expense | $3,719 |
| Pre-tax net operating income | -$2,404 |
| Securities gains (losses) | $2,654 |
| Applicable income taxes | -$370 |
| Income before extraordinary items | $620 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $620 |
| Net charge-offs | $0 |
| Cash dividends | $620 |
| Sale, conversion, retirement of capital stock, net | $2,824 |
| Net operating income | $800 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.49% |
| Cost of funding earning assets | 1.20% |
| Net interest margin | 3.28% |
| Noninterest income to earning assets | 0.89% |
| Noninterest expense to earning assets | 3.52% |
| Net operating income to assets | -0.54% |
| Return on assets (ROA) | 0.17% |
| Pretax return on assets | 0.07% |
| Return on equity (ROE) | 1.48% |
| Retained earnings to average equity (YTD only) | -0.43% |
| Net charge-offs to loans | 1.40% |
| Credit loss provision to net charge-offs | 166.15% |
| Efficiency ratio | 0.81% |
| Assets per employee | $83,605 |
| Cash dividends to net income (YTD only) | 3.59% |
| Condition Ratios (%) | |
| Loss allowance to loans | 129.03% |
| Loss allowance to noncurrent loans | 2.29% |
| Noncurrent assets plus other real estate owned to assets | 51.19% |
| Noncurrent loans to loans | 3.30% |
| Net loans and leases to deposits | 4.48% |
| Net loans and leases to core deposits | 68.86% |
| Equity capital to assets | 78.29% |
| Core capital (leverage) ratio | 11.37% |
| Tier 1 risk-based capital ratio | 10.91% |
| Total risk-based capital ratio | 17.96% |
| Memoranda | |
| Average assets | $19 |
| Average earning assets | $375,211 |
| Average equity | $41,766 |
| Average loans | $350,322 |
| Total Fiduciary and Related Assets (December 31, 2006) (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 | $12,310 |
| Number of Accounts | 1 |
| Personal trust and agency accounts | $4,369 |
| Employee benefit-defined contribution accounts | $4,369 |
| 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 | 44 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $7,941 |
| Corporate trust and agency accounts | $5,698 |
| Other fiduciary accounts | $1,811 |
| Fiduciary accounts held in foreign offices | $409 |
| 4 Louisiana Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 14 | 361998 | Bluebonnet Branch | 8810 Bluebonnet Blvd, Baton Rouge, LA 70810 | June 01, 2001 | Full Service Brick and Mortar |  |
| 18 | 495410 | Bluebonnet Parc | 4703 Bluebonnet Boulevard, Baton Rouge, LA 70809 | September 21, 2009 | Full Service Brick and Mortar | |
| 19 | 499339 | Towne Center Branch | 7415 Corporate Boulevard, Suite 935, Building H, Baton Rouge, LA 70809 | November 19, 2009 | Full Service Brick and Mortar | |
| 20 | 521499 | Central Loan Production Office Branc | 7529 Minette Lane, Baton Rouge, LA 70818 | May 31, 2010 | Limited Service Loan Production | |
| 5 Mississippi Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 3332 | Britton & Koontz Bank, N.A. | 500 Main Street, Natchez, MS 39120 | July 01, 1933 | Full Service Brick and Mortar |  |
| 2 | 206334 | St. Catherine Branch | Highway 61 North, Natchez, MS 39120 | July 11, 1966 | Full Service Brick and Mortar | |
| 3 | 206335 | Fatherland Branch | Highway 61 South, Natchez, MS 39120 | August 07, 1967 | Full Service Brick and Mortar | |
| 11 | 272422 | Vicksburg Branch | 2150 South Frontage Road, Vicksburg, MS 39180 | October 14, 1996 | Full Service Brick and Mortar | |
| 15 | 429350 | 61 N. Medical Center Branch | 2059 Hwy 61 North, Vicksburg, MS 39183 | December 08, 2003 | Full Service Brick and Mortar | |
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