The First National Bank of Pontotoc in Pontotoc, Mississippi (MS)
| The First National Bank of Pontotoc | |
|---|---|
| General | FDIC Certificate #: 5006 Status: Active Federal Reserve ID: 968744 Bank Holding Company (Regulatory Top Holder): Pontotoc Bancshares Corp. (RSSDID: 2524911, Location: Pontotoc, MS) Date Established: January 01, 1900 WWW: http://www.1stnbpontotoc.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Domestic: 3, Interstate: No) OTS Docket #: 13028 FDIC's unique #: 3342 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: All Other Specialization < 1 Billion 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: 19 South Main Street, Pontotoc, MS 38863 County: Pontotoc Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Memphis Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Tupelo, MS (#46180) CBSA Micro Statistical Area: Yes |
| History of Changes | Merge BIF and SAIF Funds into DIF |
| Financial Summary | Total assets: $239.4 mil Equity capital: $32.8 mil Deposits held in domestic offices: $203.5 mil Return on assets (ROA): 0.79% ($1.9 mil) Quarterly return on assets: 0.77% ($1.8 mil) Return on Equity (ROE): 5.82% ($1.9 mil) Quarterly return on equity: 5.57% ($1.8 mil) Net income: $1.9 mil Quarterly Net income: $0.5 mil Pretax return on assets: 0.96% ($2,297.8 mil) Quarterly Pretax return on assets: 0.93% ($2,226.0 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 72 |
| Total assets | $239,356 |
| Cash and due from depository institutions | $23,689 |
| Interest-bearing balances | $12,283 |
| Securities | $105,806 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $96,410 |
| Loan loss allowance | $1,451 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $4,026 |
| Other real estate owned | $499 |
| Goodwill and other intangibles | $0 |
| All other assets | $8,926 |
| Life insurance assets | $239,356 |
| Total liabilities and capital | $206,579 |
| Total liabilities | $203,513 |
| Total deposits | $181,300 |
| Interest-bearing deposits | $203,513 |
| Deposits held in domestic offices | $82 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $1,805 |
| Other borrowed funds | $0 |
| Subordinated debt | $1,261 |
| All other liabilities | $32,777 |
| Total equity capital | $32,777 |
| Total bank equity capital | $32,777 |
| Perpetual preferred stock | $0 |
| Common stock | $330 |
| Surplus | $21,000 |
| Undivided profits | $11,447 |
| 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 | $2,899 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $1,409 |
| Average Assets, year-to-date | $214,499 |
| Average Assets, quarterly | $79,200 |
| Volatile liabilities | $240,240 |
| Insider loans | $238,496 |
| FHLB advances | $117,574 |
| Loans and leases held for sale | $238,540 |
| Unused loan commitments | $5,070 |
| Tier 1 (core) risk-based capital | $3,378 |
| Tier 2 risk-based capital | $32,419 |
| Total risk weighted assets | $0 |
| Total unused commitments | $1,692 |
| Restructured Loans and leases | $7,583 |
| Derivatives | $10 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $9,132 |
| Total interest expense | $1,974 |
| Net interest income | $7,158 |
| Provision for loan and lease losses | $0 |
| Total noninterest income | $1,739 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $1,475 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $264 |
| Total noninterest expense | $6,584 |
| Salaries and employee benefits | $3,748 |
| Premises and equipment expense | $861 |
| Additional noninterest expense | $1,975 |
| Pre-tax net operating income | $2,313 |
| Securities gains (losses) | $2 |
| Applicable income taxes | $410 |
| Income before extraordinary items | $1,905 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $1,905 |
| Net charge-offs | $0 |
| Cash dividends | $1,905 |
| Sale, conversion, retirement of capital stock, net | $319 |
| Net operating income | $900 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.14% |
| Cost of funding earning assets | 0.90% |
| Net interest margin | 3.25% |
| Noninterest income to earning assets | 0.79% |
| Noninterest expense to earning assets | 2.99% |
| Net operating income to assets | 0.79% |
| Return on assets (ROA) | 0.79% |
| Pretax return on assets | 0.96% |
| Return on equity (ROE) | 5.82% |
| Retained earnings to average equity (YTD only) | 3.07% |
| Net charge-offs to loans | 0.32% |
| Credit loss provision to net charge-offs | 0.00% |
| Efficiency ratio | 7.25% |
| Assets per employee | $74,002 |
| Cash dividends to net income (YTD only) | 3.32% |
| Condition Ratios (%) | |
| Loss allowance to loans | 47.24% |
| Loss allowance to noncurrent loans | 1.48% |
| Noncurrent assets plus other real estate owned to assets | 50.05% |
| Noncurrent loans to loans | 1.42% |
| Net loans and leases to deposits | 2.96% |
| Net loans and leases to core deposits | 47.37% |
| Equity capital to assets | 53.57% |
| Core capital (leverage) ratio | 13.69% |
| Tier 1 risk-based capital ratio | 13.59% |
| Total risk-based capital ratio | 27.57% |
| Memoranda | |
| Average assets | $29 |
| Average earning assets | $240,240 |
| Average equity | $32,721 |
| Average loans | $220,485 |
| 3 Mississippi Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 3342 | The First National Bank Of Pontotoc | 19 South Main Street, Pontotoc, MS 38863 | January 01, 1900 | Full Service Brick and Mortar |  |
| 1 | 206397 | West Pontotoc Branch | Highway 15 North, Pontotoc, MS 38863 | December 30, 1968 | Full Service Brick and Mortar |  |
| 3 | 423042 | Pototoc Express Drive Thru Branch | 158 Highway 15 North, Pontotoc, MS 38863 | August 11, 2003 | Limited Service Facility | |
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