First Southern Bank
Batesville, AR — Non-member Bank
Acquired Dec 2010
Vitals
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Total Assets191.8M 60.3 %
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Total Deposits155.8M 52.0 %
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Total Net Loans126.2M 36.3 %
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Net Income510000.0000 314.6 %
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Book Value19.2M 45.2 %
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Book Value x238.5M 45.2 %
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Book Value x357.8M 45.2 %
Balance Sheet Highlights
| Financial Highlights | First Southern Bank | All Insured Commercial Banks in Arkansas |
| Balance Sheet $(000) | ||
| Total Assets | 191,764 | 257,529 |
| Total Net Loans | 126,199 | 166,175 |
| Total Deposits | 155,803 | 210,170 |
| Total Equity | 19,250 | 28,419 |
| Profitability | ||
| Net Income | 510 | 1,702 |
| Return on Average Assets | .451 | .905 |
| Return on Average Equity | 4.605 | 8.071 |
| Net Interest Margin | 4.153 | 4.129 |
| Efficiency Ratio | 72.777 | 64.843 |
| Noninterest Income/Revenue | 2.328 | 16.273 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 80.999 | 74.973 |
| Securities/Assets | .183 | .186 |
| Total Equity/Total Assets | .1 | .11 |
| Tangible Equity/Tangible Assets | .1 | .103 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 19,136 | 25,163 |
| Tier 2 Capital | 1,584 | 2,195 |
| Total Capital | 20,720 | 27,369 |
| Total Risk Weighted Assets | 136,677 | 179,590 |
| Leverage Ratio | 11.11 | 10.336 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 14 | 15.417 |
| Total Capital Ratio | 15.16 | 16.611 |
Timeline for First Southern Bank
First Southern Bank was acquired by 13 years
Dec 18 2010
Cross County Bancshares, Inc.
Cross County Bancshares, Inc. became a new parent organization for First Southern Bank.
View Profile Dec 19 2005
Lonoke Bancshares, Inc.
Lonoke Bancshares, Inc. became a new parent organization for First Southern Bank.
View Profile Oct 06 2005
First Southern Bank
First Southern Bank was established 18 years ago and is currently headquartered in Batesville, AR.
Aug 01 2005| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Southern Bank | Buyer | 1,465,880 | Failure | 12/18/2010 |
| Relationships | Role | Relationship Start | Relationship End |
| Cross County Bancshares, Inc. | Parent | 12/19/2005 | 5/22/2009 |
| Lonoke Bancshares, Inc. | Parent | 10/6/2005 | 5/22/2009 |
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