Home > Bank of Ferrum > Assets and Liabilities
Bank of Ferrum, Assets and Liabilities
| 1998-12-31 | Rank | |
| # of Employees: | 38 | 4,440 |
| Assets and Liabilities | ||
| Total Assets: | $148,997,000 | 3,042 |
| Cash and due from depository institutions | $6,519,000 | 4,440 |
| Interest-bearing balances | $115,000 | 4,714 |
| Securities | $31,176,000 | 3,517 |
| Federal funds sold & reverse repurchase agreements | $0 | 8,346 |
| Net loans & leases | $106,725,000 | 2,612 |
| Loan loss allowance | $1,735,000 | 2,043 |
| Trading account assets | $0 | 197 |
| Bank premises and fixed assets | $1,692,000 | 4,424 |
| Other real estate owned | $0 | 4,440 |
| Goodwill and other intangibles | $0 | 3,445 |
| All other assets | $2,885,000 | 2,558 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $148,997,000 | 3,042 |
| Total liabilities | $140,392,000 | 2,918 |
| Total deposits | $111,139,000 | 3,377 |
| Interest-bearing deposits | $93,200,000 | 3,447 |
| Deposits held in domestic offices | $111,139,000 | 3,372 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $8,246,000 | 1,134 |
| Trading liabilities | $0 | 69 |
| Other borrowed funds | $20,063,000 | 1,051 |
| Subordinated debt | $0 | 255 |
| All other liabilities | $944,000 | 3,697 |
| Total equity capital | $8,605,000 | 4,909 |
| Total bank equity capital | $8,605,000 | 4,909 |
| Perpetual preferred stock | $0 | 199 |
| Common stock | $2,000,000 | 1,820 |
| Surplus | $1,434,000 | 6,380 |
| Undivided profits | $5,171,000 | 4,338 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $319,000 | 5,047 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,642 |
| Income earned, not collected on loans | $579,000 | 4,020 |
| Earning assets | $138,016,000 | 3,020 |
| Long-term assets (5+ years) | $63,418,000 | 1,306 |
| Average Assets, year-to-date | $143,320,200 | 2,995 |
| Average Assets, quarterly | $148,711,000 | 3,001 |
| Volatile liabilities | $24,913,000 | 2,506 |
| Insider loans | $8,967,000 | 444 |
| FHLB advances | $0 | 740 |
| Loans and leases held for sale | $0 | 1,681 |
| Unused loan commitments | $18,574,000 | 2,388 |
| Tier 1 (core) risk-based capital | $8,640,000 | 4,715 |
| Tier 2 risk-based capital | $1,164,460 | 2,656 |
| Total risk weighted assets | $92,586,260 | 3,023 |
| Total unused commitments | $18,574,000 | 2,393 |
| Derivatives | $0 | 527 |
| 1997-12-31 | Rank | |
| # of Employees: | 37 | 4,671 |
| Assets and Liabilities | ||
| Total Assets: | $134,411,000 | 3,298 |
| Cash and due from depository institutions | $3,617,000 | 4,671 |
| Interest-bearing balances | $106,000 | 4,466 |
| Securities | $36,589,000 | 3,069 |
| Federal funds sold & reverse repurchase agreements | $0 | 8,160 |
| Net loans & leases | $89,805,000 | 3,036 |
| Loan loss allowance | $1,118,000 | 3,052 |
| Trading account assets | $0 | 203 |
| Bank premises and fixed assets | $1,686,000 | 4,353 |
| Other real estate owned | $180,000 | 4,671 |
| Goodwill and other intangibles | $0 | 3,571 |
| All other assets | $2,534,000 | 2,821 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $134,411,000 | 3,298 |
| Total liabilities | $126,335,000 | 3,156 |
| Total deposits | $96,451,000 | 3,829 |
| Interest-bearing deposits | $85,688,000 | 3,726 |
| Deposits held in domestic offices | $96,451,000 | 3,821 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $22,893,000 | 688 |
| Trading liabilities | $0 | 80 |
| Other borrowed funds | $5,873,000 | 1,828 |
| Subordinated debt | $0 | 260 |
| All other liabilities | $1,118,000 | 3,251 |
| Total equity capital | $8,076,000 | 5,161 |
| Total bank equity capital | $8,076,000 | 5,161 |
| Perpetual preferred stock | $0 | 223 |
| Common stock | $2,000,000 | 1,809 |
| Surplus | $1,434,000 | 6,472 |
| Undivided profits | $4,642,000 | 4,680 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $145,000 | 7,039 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,731 |
| Income earned, not collected on loans | $522,000 | 4,540 |
| Earning assets | $126,500,000 | 3,229 |
| Long-term assets (5+ years) | $55,430,000 | 1,249 |
| Average Assets, year-to-date | $128,038,600 | 3,294 |
| Average Assets, quarterly | $135,259,500 | 3,228 |
| Volatile liabilities | $43,642,000 | 1,573 |
| Insider loans | $6,624,000 | 608 |
| FHLB advances | $0 | 780 |
| Loans and leases held for sale | $0 | 1,579 |
| Unused loan commitments | $11,908,000 | 3,064 |
| Tier 1 (core) risk-based capital | $8,183,000 | 4,980 |
| Tier 2 risk-based capital | $981,150 | 2,982 |
| Total risk weighted assets | $78,355,450 | 3,468 |
| Total unused commitments | $11,908,000 | 3,066 |
| Derivatives | $0 | 533 |
| 1996-12-31 | Rank | |
| # of Employees: | 32 | 5,523 |
| Assets and Liabilities | ||
| Total Assets: | $117,483,000 | 3,803 |
| Cash and due from depository institutions | $3,079,000 | 5,523 |
| Interest-bearing balances | $116,000 | 4,431 |
| Securities | $38,208,000 | 3,167 |
| Federal funds sold & reverse repurchase agreements | $0 | 8,460 |
| Net loans & leases | $72,855,000 | 3,706 |
| Loan loss allowance | $800,000 | 4,226 |
| Trading account assets | $0 | 240 |
| Bank premises and fixed assets | $1,036,000 | 5,891 |
| Other real estate owned | $0 | 5,523 |
| Goodwill and other intangibles | $0 | 3,437 |
| All other assets | $2,305,000 | 3,158 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $117,483,000 | 3,803 |
| Total liabilities | $110,189,000 | 3,679 |
| Total deposits | $80,264,000 | 4,621 |
| Interest-bearing deposits | $71,352,000 | 4,516 |
| Deposits held in domestic offices | $80,264,000 | 4,610 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $24,153,000 | 732 |
| Trading liabilities | $0 | 97 |
| Other borrowed funds | $5,000,000 | 1,827 |
| Subordinated debt | $0 | 298 |
| All other liabilities | $772,000 | 4,310 |
| Total equity capital | $7,294,000 | 5,635 |
| Total bank equity capital | $7,294,000 | 5,635 |
| Perpetual preferred stock | $0 | 250 |
| Common stock | $2,000,000 | 1,906 |
| Surplus | $1,434,000 | 6,644 |
| Undivided profits | $3,860,000 | 5,242 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $87,000 | 8,353 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,832 |
| Income earned, not collected on loans | $445,000 | 5,182 |
| Earning assets | $111,179,000 | 3,705 |
| Long-term assets (5+ years) | $42,366,000 | 1,480 |
| Average Assets, year-to-date | $97,193,800 | 4,375 |
| Average Assets, quarterly | $115,302,000 | 3,821 |
| Volatile liabilities | $34,162,000 | 1,862 |
| Insider loans | $3,071,000 | 1,403 |
| FHLB advances | $0 | 882 |
| Loans and leases held for sale | $0 | 1,560 |
| Unused loan commitments | $9,614,000 | 3,480 |
| Tier 1 (core) risk-based capital | $7,431,000 | 5,457 |
| Tier 2 risk-based capital | $800,000 | 3,642 |
| Total risk weighted assets | $65,255,600 | 4,080 |
| Total unused commitments | $9,614,000 | 3,493 |
| Derivatives | $0 | 549 |
| 1995-12-31 | Rank | |
| # of Employees: | 26 | 6,632 |
| Assets and Liabilities | ||
| Total Assets: | $77,613,000 | 5,495 |
| Cash and due from depository institutions | $2,492,000 | 6,632 |
| Interest-bearing balances | $1,000 | 6,796 |
| Securities | $20,939,000 | 5,381 |
| Federal funds sold & reverse repurchase agreements | $0 | 9,298 |
| Net loans & leases | $52,256,000 | 4,825 |
| Loan loss allowance | $614,000 | 5,212 |
| Trading account assets | $0 | 261 |
| Bank premises and fixed assets | $964,000 | 6,171 |
| Other real estate owned | $0 | 6,632 |
| Goodwill and other intangibles | $0 | 3,181 |
| All other assets | $962,000 | 6,543 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $77,613,000 | 5,495 |
| Total liabilities | $72,194,000 | 5,335 |
| Total deposits | $71,148,000 | 5,176 |
| Interest-bearing deposits | $63,949,000 | 5,019 |
| Deposits held in domestic offices | $71,148,000 | 5,166 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $545,000 | 3,026 |
| Trading liabilities | $0 | 110 |
| Other borrowed funds | $1,000 | 5,123 |
| Subordinated debt | $0 | 337 |
| All other liabilities | $500,000 | 6,231 |
| Total equity capital | $5,419,000 | 7,000 |
| Total bank equity capital | $5,419,000 | 7,000 |
| Perpetual preferred stock | $0 | 288 |
| Common stock | $2,000,000 | 1,954 |
| Surplus | $400,000 | 9,920 |
| Undivided profits | $3,019,000 | 6,188 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $16,000 | 10,276 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,782 |
| Income earned, not collected on loans | $376,000 | 6,104 |
| Earning assets | $73,196,000 | 5,376 |
| Long-term assets (5+ years) | $24,434,000 | 2,156 |
| Average Assets, year-to-date | $75,468,600 | 5,402 |
| Average Assets, quarterly | $78,843,500 | 5,364 |
| Volatile liabilities | $7,216,000 | 5,664 |
| Insider loans | $1,792,000 | 2,376 |
| FHLB advances | $0 | 855 |
| Loans and leases held for sale | $0 | 1,606 |
| Unused loan commitments | $10,414,000 | 3,186 |
| Tier 1 (core) risk-based capital | $5,646,000 | 6,690 |
| Tier 2 risk-based capital | $577,250 | 4,708 |
| Total risk weighted assets | $46,143,050 | 5,350 |
| Total unused commitments | $10,414,000 | 3,201 |
| Derivatives | $0 | 628 |
| 1994-12-31 | Rank | |
| # of Employees: | 45 | 4,385 |
| Assets and Liabilities | ||
| Total Assets: | $70,240,000 | 5,916 |
| Cash and due from depository institutions | $2,597,000 | 4,385 |
| Interest-bearing balances | $0 | 7,034 |
| Securities | $22,235,000 | 5,446 |
| Federal funds sold & reverse repurchase agreements | $0 | 8,397 |
| Net loans & leases | $43,143,000 | 5,490 |
| Loan loss allowance | $600,000 | 5,400 |
| Trading account assets | $0 | 286 |
| Bank premises and fixed assets | $939,000 | 6,311 |
| Other real estate owned | $0 | 4,385 |
| Goodwill and other intangibles | $0 | 3,133 |
| All other assets | $1,326,000 | 5,448 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $70,240,000 | 5,916 |
| Total liabilities | $66,308,000 | 5,716 |
| Total deposits | $64,241,000 | 5,613 |
| Interest-bearing deposits | $57,880,000 | 5,399 |
| Deposits held in domestic offices | $64,241,000 | 5,606 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $1,660,000 | 2,840 |
| Trading liabilities | $0 | 87 |
| Other borrowed funds | $0 | 5,375 |
| Subordinated debt | $0 | 372 |
| All other liabilities | $407,000 | 6,014 |
| Total equity capital | $3,932,000 | 8,264 |
| Total bank equity capital | $3,932,000 | 8,264 |
| Perpetual preferred stock | $0 | 310 |
| Common stock | $150,000 | 8,932 |
| Surplus | $727,000 | 9,110 |
| Undivided profits | $3,055,000 | 5,820 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $49,000 | 9,663 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,752 |
| Income earned, not collected on loans | $319,000 | 6,268 |
| Earning assets | $65,378,000 | 5,830 |
| Long-term assets (5+ years) | $19,437,000 | 2,612 |
| Average Assets, year-to-date | $71,032,000 | 5,737 |
| Average Assets, quarterly | $70,149,000 | 5,877 |
| Volatile liabilities | $4,197,000 | 7,367 |
| Insider loans | $1,943,000 | 2,142 |
| FHLB advances | $0 | 993 |
| Loans and leases held for sale | $0 | 1,430 |
| Unused loan commitments | $5,691,000 | 4,539 |
| Tier 1 (core) risk-based capital | $4,952,000 | 7,280 |
| Tier 2 risk-based capital | $513,240 | 5,180 |
| Total risk weighted assets | $40,972,440 | 5,804 |
| Total unused commitments | $5,691,000 | 4,547 |
| Derivatives | $0 | 687 |
| 1993-12-31 | Rank | |
| # of Employees: | 37 | 5,435 |
| Assets and Liabilities | ||
| Total Assets: | $69,863,000 | 6,082 |
| Cash and due from depository institutions | $2,126,000 | 5,435 |
| Interest-bearing balances | $0 | 7,655 |
| Securities | $25,244,000 | 5,168 |
| Federal funds sold & reverse repurchase agreements | $0 | 10,345 |
| Net loans & leases | $40,844,000 | 5,627 |
| Loan loss allowance | $769,000 | 4,624 |
| Trading account assets | $0 | 330 |
| Bank premises and fixed assets | $802,000 | 7,003 |
| Other real estate owned | $0 | 5,435 |
| Goodwill and other intangibles | $0 | 3,091 |
| All other assets | $847,000 | 6,903 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $69,863,000 | 6,082 |
| Total liabilities | $65,405,000 | 5,916 |
| Total deposits | $64,715,000 | 5,765 |
| Interest-bearing deposits | $58,480,000 | 5,578 |
| Deposits held in domestic offices | $64,715,000 | 5,755 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $240,000 | 3,591 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $0 | 5,027 |
| Subordinated debt | $0 | 413 |
| All other liabilities | $450,000 | 5,770 |
| Total equity capital | $4,458,000 | 7,846 |
| Total bank equity capital | $4,458,000 | 7,846 |
| Perpetual preferred stock | $0 | 343 |
| Common stock | $150,000 | 9,374 |
| Surplus | $692,000 | 9,552 |
| Undivided profits | $3,616,000 | 5,481 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $148,000 | 8,315 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,950 |
| Income earned, not collected on loans | $275,000 | 6,521 |
| Earning assets | $66,088,000 | 5,926 |
| Long-term assets (5+ years) | $22,963,000 | 2,373 |
| Average Assets, year-to-date | $64,427,600 | 6,333 |
| Average Assets, quarterly | $68,211,000 | 6,143 |
| Volatile liabilities | $2,047,000 | 9,636 |
| Insider loans | $1,181,000 | 3,299 |
| FHLB advances | $0 | 821 |
| Loans and leases held for sale | $0 | 1,681 |
| Unused loan commitments | $4,047,000 | 5,473 |
| Tier 1 (core) risk-based capital | $4,458,000 | 7,775 |
| Tier 2 risk-based capital | $504,510 | 5,226 |
| Total risk weighted assets | $40,096,110 | 5,877 |
| Total unused commitments | $4,047,000 | 5,494 |
| Derivatives | $0 | 714 |
| 1992-12-31 | Rank | |
| # of Employees: | 36 | 5,656 |
| Assets and Liabilities | ||
| Total Assets: | $60,407,000 | 6,892 |
| Cash and due from depository institutions | $2,034,000 | 5,656 |
| Interest-bearing balances | $0 | 8,059 |
| Securities | $21,080,000 | 5,903 |
| Federal funds sold & reverse repurchase agreements | $380,000 | 10,469 |
| Net loans & leases | $35,342,000 | 6,270 |
| Loan loss allowance | $625,000 | 5,475 |
| Trading account assets | $0 | 344 |
| Bank premises and fixed assets | $830,000 | 6,978 |
| Other real estate owned | $0 | 5,656 |
| Goodwill and other intangibles | $0 | 3,106 |
| All other assets | $741,000 | 7,779 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $60,407,000 | 6,892 |
| Total liabilities | $56,492,000 | 6,761 |
| Total deposits | $56,109,000 | 6,617 |
| Interest-bearing deposits | $50,933,000 | 6,402 |
| Deposits held in domestic offices | $56,109,000 | 6,607 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,764 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $0 | 5,085 |
| Subordinated debt | $0 | 482 |
| All other liabilities | $383,000 | 7,023 |
| Total equity capital | $3,915,000 | 8,371 |
| Total bank equity capital | $3,915,000 | 8,371 |
| Perpetual preferred stock | $0 | 346 |
| Common stock | $150,000 | 9,817 |
| Surplus | $692,000 | 9,730 |
| Undivided profits | $3,073,000 | 5,863 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $129,000 | 9,542 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
| Income earned, not collected on loans | $213,000 | 8,351 |
| Earning assets | $56,802,000 | 6,756 |
| Long-term assets (5+ years) | $15,106,000 | 3,212 |
| Average Assets, year-to-date | $58,167,600 | 6,928 |
| Average Assets, quarterly | $59,859,000 | 6,880 |
| Volatile liabilities | $1,634,000 | 10,563 |
| Insider loans | $83,000 | 6,180 |
| FHLB advances | $0 | 832 |
| Loans and leases held for sale | $0 | 1,207 |
| Unused loan commitments | $3,525,000 | 5,612 |
| Tier 1 (core) risk-based capital | $3,915,000 | 8,304 |
| Tier 2 risk-based capital | $417,310 | 6,071 |
| Total risk weighted assets | $33,176,710 | 6,850 |
| Total unused commitments | $3,525,000 | 5,639 |
| Derivatives | $0 | 651 |