Copiah Bank, National Association in Hazlehurst, Mississippi (MS)
| Copiah Bank, National Association | |
|---|---|
| General | FDIC Certificate #: 8231 Status: Active Federal Reserve ID: 398837 Bank Holding Company (Regulatory Top Holder): Copiah Bancshares, Inc. (RSSDID: 3319972, Location: Hazlehurst, MS) Date Established: October 26, 1891 WWW: http://www.copiahbank.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: 8 (Domestic: 8, Interstate: No) OTS Docket #: 9508 FDIC's unique #: 5249 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: 101 Caldwell Drive, Hazlehurst, MS 39083 County: Copiah 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 Combined Statistical Area (CSA): Jackson-Yazoo City, MS (#298) Core Based Statistical Area (CBSA): Jackson, MS (#27140) CBSA Metro Statistical Area: Jackson, MS (#27140) |
| History of Changes | Merge BIF and SAIF Funds into DIF |
| Financial Summary | Total assets: $159.0 mil Equity capital: $14.3 mil Deposits held in domestic offices: $143.3 mil Return on assets (ROA): 0.79% ($1.3 mil) Quarterly return on assets: 0.86% ($1.4 mil) Return on Equity (ROE): 8.86% ($1.2 mil) Quarterly return on equity: 9.74% ($1.4 mil) Net income: $1.2 mil Quarterly Net income: $0.3 mil Pretax return on assets: 1.18% ($1,875.9 mil) Quarterly Pretax return on assets: 1.31% ($2,082.5 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 65 |
| Total assets | $158,973 |
| Cash and due from depository institutions | $16,034 |
| Interest-bearing balances | $11,650 |
| Securities | $15,150 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $116,954 |
| Loan loss allowance | $1,220 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $5,178 |
| Other real estate owned | $1,358 |
| Goodwill and other intangibles | $0 |
| All other assets | $4,299 |
| Life insurance assets | $158,973 |
| Total liabilities and capital | $144,642 |
| Total liabilities | $143,316 |
| Total deposits | $108,883 |
| Interest-bearing deposits | $143,316 |
| Deposits held in domestic offices | $94 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $771 |
| Other borrowed funds | $0 |
| Subordinated debt | $555 |
| All other liabilities | $14,331 |
| Total equity capital | $14,331 |
| Total bank equity capital | $14,331 |
| Perpetual preferred stock | $0 |
| Common stock | $760 |
| Surplus | $8,517 |
| Undivided profits | $5,054 |
| 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 | $716 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $726 |
| Average Assets, year-to-date | $143,754 |
| Average Assets, quarterly | $15,336 |
| Volatile liabilities | $156,971 |
| Insider loans | $160,528 |
| FHLB advances | $120,276 |
| Loans and leases held for sale | $161,534 |
| Unused loan commitments | $2,060 |
| Tier 1 (core) risk-based capital | $2,060 |
| Tier 2 risk-based capital | $14,448 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $12,523 |
| Derivatives | $2,069 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $8,092 |
| Total interest expense | $871 |
| Net interest income | $7,221 |
| Provision for loan and lease losses | $249 |
| Total noninterest income | $1,620 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $1,096 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $524 |
| Total noninterest expense | $6,564 |
| Salaries and employee benefits | $3,272 |
| Premises and equipment expense | $1,183 |
| Additional noninterest expense | $2,109 |
| Pre-tax net operating income | $2,028 |
| Securities gains (losses) | -$177 |
| Applicable income taxes | $618 |
| Income before extraordinary items | $1,233 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $1,233 |
| Net charge-offs | $0 |
| Cash dividends | $1,233 |
| Sale, conversion, retirement of capital stock, net | $121 |
| Net operating income | $649 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.70% |
| Cost of funding earning assets | 0.61% |
| Net interest margin | 5.09% |
| Noninterest income to earning assets | 1.14% |
| Noninterest expense to earning assets | 4.63% |
| Net operating income to assets | 0.86% |
| Return on assets (ROA) | 0.79% |
| Pretax return on assets | 1.18% |
| Return on equity (ROE) | 8.86% |
| Retained earnings to average equity (YTD only) | 4.19% |
| Net charge-offs to loans | 0.10% |
| Credit loss provision to net charge-offs | 205.79% |
| Efficiency ratio | 18.82% |
| Assets per employee | $74,245 |
| Cash dividends to net income (YTD only) | 2.45% |
| Condition Ratios (%) | |
| Loss allowance to loans | 52.64% |
| Loss allowance to noncurrent loans | 1.03% |
| Noncurrent assets plus other real estate owned to assets | 170.39% |
| Noncurrent loans to loans | 1.72% |
| Net loans and leases to deposits | 0.61% |
| Net loans and leases to core deposits | 81.61% |
| Equity capital to assets | 86.51% |
| Core capital (leverage) ratio | 9.01% |
| Tier 1 risk-based capital ratio | 8.94% |
| Total risk-based capital ratio | 12.01% |
| Memoranda | |
| Average assets | $13 |
| Average earning assets | $156,971 |
| Average equity | $13,922 |
| Average loans | $141,889 |
| 8 Mississippi Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 5249 | Copiah Bank, National Association | 101 Caldwell Drive, Hazlehurst, MS 39083 | October 26, 1891 | Full Service Brick and Mortar |  |
| 3 | 218147 | Caldwell Branch | 680 Caldwell Drive, Hazlehurst, MS 39083 | October 01, 1976 | Full Service Brick and Mortar |  |
| 4 | 218148 | Wesson Branch | Highway 51 And Church Street, Wesson, MS 39191 | May 26, 1981 | Full Service Brick and Mortar | |
| 5 | 218149 | Crystal Springs Branch | 201 East Railroad Avenue, Crystal Springs, MS 39059 | July 10, 1984 | Full Service Brick and Mortar | |
| 7 | 419206 | Byram Branch | 5754 Terry Road, Byram, MS 39272 | April 07, 2003 | Full Service Brick and Mortar | |
| 9 | 438795 | Florence Branch | 150 Earl Clark Drive, Florence, MS 39073 | August 30, 2004 | Full Service Brick and Mortar | |
| 10 | 493517 | Richland Office Branch | 129 Center Street, Richland, MS 39218 | Febuary 17, 2009 | Full Service Brick and Mortar | |
| 11 | 493518 | Clinton Office Branch | 767 Clinton Parkway, Clinton, MS 39056 | May 29, 2009 | Full Service Brick and Mortar | |
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