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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Taylor Calvin B Bankshares Inc (QX) | USOTC:TYCB | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 46.00 | 45.00 | 57.60 | 0.00 | 22:00:00 |
Large accelerated filer o | Accelerated filer x | |
Non- accelerated filer o (Do not check if a smaller reporting company) | Smaller reporting company o |
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Creation of the Consumer Financial Protection Bureau with responsibility for implementing, examining and enforcing compliance with federal consumer financial laws.
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Changes to the assessment base for federal deposit insurance from the amount of insured deposits to consolidated assets less tangible capital, elimination of the cap on the size of the Deposit Insurance Fund (“DIF”) and an increase to the lowest level permissible for the DIF.
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Provision of unlimited federal deposit insurance for non-interest bearing demand transaction accounts in insured depository institutions until December 31, 2012.
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Repeal of the federal regulations prohibiting the payment of interest on demand deposit accounts of businesses depositors.
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Amendment of the Electronic Fund Transfer Act (“EFTA”) to authorize the Federal Reserve to issue rules governing interchange fees charged for debit card transactions for card issuers having assets over $10 billion, and giving Federal Reserve enforcement power over a new requirement that these fees be reasonable and proportional to the actual cost of the transaction to the issuer.
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Truth-In-Lending Act governing disclosures of credit terms to consumer borrowers
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Real Estate Settlement Procedures Act requiring lenders to provide disclosures to consumers at various times during an applicable transaction and which outlaws kickbacks that increase the cost of settlement services
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Home Mortgage Disclosure Act of 1975 requiring financial institutions in metropolitan statistical areas to provide information to enable the public and public officials to determine whether a financial institution is fulfilling its obligation to help meet the housing needs of the community it serves
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Equal Credit Opportunity Act prohibiting discrimination on the basis of race, creed, or other prohibited bases in extending credit
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Fair Credit Reporting Act of 1978 governing the use and provision of information to credit reporting agencies
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Fair Debt Collection Act governing the manner in which consumer debts may be collected by collection agencies, and the rules and regulations of the various federal agencies charged with the responsibility of implementing such federal laws.
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Deposit operations of the Bank are subject to the Truth in Savings Act which governs disclosures of rate and fee information to consumer deposit customers
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Right to Financial Privacy Act which imposes a duty to maintain confidentiality of customers’ financial records and prescribes procedures for complying with administrative subpoenas of financial records
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Electronic Fund Transfers Act as implemented by the Federal Reserve Board’s Regulation E which governs automatic deposits to and withdrawals from deposit accounts and customers' rights and liabilities arising from the use of automated teller machines and other electronic banking services.
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(a)
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There are no material pending legal proceedings to which the Company or the Bank or any of their properties are subject.
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(b)
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No proceedings were terminated during the fourth quarter of the fiscal year covered by this report.
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2012
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2011
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Sales price per share
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High
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Low
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High
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Low
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||||||||||||
First quarter
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$ | 24.50 | $ | 22.35 | $ | 34.00 | $ | 26.50 | ||||||||
Second quarter
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$ | 24.85 | $ | 22.52 | $ | 28.50 | $ | 26.00 | ||||||||
Third quarter
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$ | 26.00 | $ | 23.51 | $ | 32.00 | $ | 21.00 | ||||||||
Fourth quarter
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$ | 26.75 | $ | 24.85 | $ | 25.50 | $ | 22.10 |
2012
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2011
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2010
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2009
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2008
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(Dollars in thousands, except for per share data)
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||||||||||||||||||||
At Year End
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||||||||||||||||||||
Total assets
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$ | 442,893 | $ | 416,228 | $ | 406,148 | $ | 393,528 | $ | 372,603 | ||||||||||
Total deposits
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$ | 360,555 | $ | 336,057 | $ | 326,778 | $ | 312,648 | $ | 292,459 | ||||||||||
Total loans, net of unearned income and | ||||||||||||||||||||
allowance for loan losses
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$ | 227,347 | $ | 227,534 | $ | 237,001 | $ | 240,062 | $ | 241,431 | ||||||||||
Total stockholders’ equity
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$ | 76,880 | $ | 75,723 | $ | 74,195 | $ | 72,278 | $ | 72,283 | ||||||||||
Common shares issued and outstanding
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2,978,554 | 2,996,323 | 3,000,508 | 3,000,508 | 3,048,397 | |||||||||||||||
For the Year
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||||||||||||||||||||
Average total assets
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$ | 432,062 | $ | 413,811 | $ | 401,060 | $ | 386,038 | $ | 366,900 | ||||||||||
Average stockholders' equity
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$ | 77,301 | $ | 75,753 | $ | 73,733 | $ | 71,898 | $ | 73,726 | ||||||||||
Net interest income
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$ | 14,238 | $ | 14,927 | $ | 15,377 | $ | 15,360 | $ | 15,978 | ||||||||||
Net income
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$ | 4,357 | $ | 4,619 | $ | 5,197 | $ | 5,110 | $ | 6,059 | ||||||||||
Cash dividend
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$ | 2,773 | $ | 2,759 | $ | 2,730 | $ | 2,704 | $ | 6,566 | ||||||||||
Per share data
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||||||||||||||||||||
Book value
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$ | 25.81 | $ | 25.27 | $ | 24.73 | $ | 24.09 | $ | 23.71 | ||||||||||
Net income
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$ | 1.46 | $ | 1.54 | $ | 1.73 | $ | 1.69 | $ | 1.97 | ||||||||||
Cash dividends declared
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$ | 0.93 | $ | 0.92 | $ | 0.91 | $ | 0.90 | $ | 2.15 | ||||||||||
Other ratios
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||||||||||||||||||||
Return on average assets
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1.01 | % | 1.12 | % | 1.30 | % | 1.32 | % | 1.65 | % | ||||||||||
Return on average equity
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5.64 | % | 6.10 | % | 7.05 | % | 7.11 | % | 8.22 | % | ||||||||||
Dividend payout ratio
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63.70 | % | 59.74 | % | 52.60 | % | 53.25 | % | 109.14 | % | ||||||||||
Average equity to average assets ratio
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17.89 | % | 18.31 | % | 18.38 | % | 18.62 | % | 20.09 | % |
Average Balances, Interest, and Yields
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(Dollars stated in thousands)
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||||||||||||||||||||||||||||||||||||
For the Year Ended
December 31, 2012
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For the Year Ended
December 31, 2011
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For the Year Ended
December 31, 2010
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||||||||||||||||||||||||||||||||||
Average
Balance
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Interest
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Yield
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Average
Balance
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Interest
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Yield
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Average
Balance
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Interest
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Yield
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||||||||||||||||||||||||||||
Assets
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Federal funds sold
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$ | 34,112 | $ | 44 | 0.13 | % | $ | 37,803 | $ | 47 | 0.12 | % | $ | 35,853 | $ | 66 | 0.18 | % | ||||||||||||||||||
Interest-bearing deposits
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12,264 | 56 | 0.57 | % | 10,259 | 58 | 0.57 | % | 9,582 | 58 | 0.61 | % | ||||||||||||||||||||||||
Investment securities:
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U. S. Treasury
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102,856 | 693 | 0.67 | % | 78,798 | 895 | 1.14 | % | 63,485 | 1,134 | 1.80 | % | ||||||||||||||||||||||||
U. S. Government Agency
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7,736 | 36 | 0.47 | % | 8,964 | 77 | 0.86 | % | 8,497 | 100 | 1.18 | % | ||||||||||||||||||||||||
State and municipal
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5,870 | 69 | 1.18 | % | 6,164 | 90 | 1.46 | % | 4,425 | 81 | 1.83 | % | ||||||||||||||||||||||||
Other
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1,834 | 40 | 2.29 | % | 1,901 | 44 | 2.29 | % | 1,934 | 66 | 3.40 | % | ||||||||||||||||||||||||
Total investment securities
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118,296 | 838 | 0.71 | % | 95,827 | 1,106 | 1.15 | % | 78,341 | 1,381 | 1.76 | % | ||||||||||||||||||||||||
Loans:
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Commercial
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12,979 | 819 | 6.31 | % | 14,745 | 927 | 6.29 | % | 18,241 | 1,208 | 6.62 | % | ||||||||||||||||||||||||
Mortgage
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215,136 | 13,454 | 6.25 | % | 221,354 | 14,326 | 6.47 | % | 223,980 | 14,719 | 6.57 | % | ||||||||||||||||||||||||
Consumer
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1,808 | 139 | 7.69 | % | 1,658 | 130 | 7.84 | % | 1,968 | 161 | 8.16 | % | ||||||||||||||||||||||||
Total loans
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229,923 | 14,412 | 6.27 | % | 237,757 | 15,383 | 6.47 | % | 244,189 | 16,088 | 6.59 | % | ||||||||||||||||||||||||
Allowance for loan losses
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727 | 1,282 | 739 | |||||||||||||||||||||||||||||||||
Total loans, net of allowance
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229,196 | 14,412 | 6.29 | % | 236,475 | 15,383 | 6.51 | % | 243,450 | 16,088 | 6.61 | % | ||||||||||||||||||||||||
Total interest-earning assets
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393,868 | 15,350 | 3.90 | % | 380,364 | 16,594 | 4.36 | % | 367,226 | 17,593 | 4.79 | % | ||||||||||||||||||||||||
Noninterest-bearing cash
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20,833 | 18,308 | 18,157 | |||||||||||||||||||||||||||||||||
Premises and equipment
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6,064 | 6,243 | 6,421 | |||||||||||||||||||||||||||||||||
Other assets
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11,297 | 8,896 | 9,256 | |||||||||||||||||||||||||||||||||
Total assets
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$ | 432,062 | $ | 413,811 | $ | 401,060 | ||||||||||||||||||||||||||||||
Interest-bearing deposits
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NOW
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$ | 62,119 | 114 | 0.18 | % | $ | 61,381 | 172 | 0.28 | % | $ | 57,230 | 223 | 0.39 | % | |||||||||||||||||||||
Money market
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53,529 | 114 | 0.21 | % | 46,128 | 204 | 0.44 | % | 38,434 | 191 | 0.50 | % | ||||||||||||||||||||||||
Savings
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53,801 | 87 | 0.16 | % | 49,655 | 143 | 0.29 | % | 48,178 | 219 | 0.45 | % | ||||||||||||||||||||||||
Other time
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87,688 | 541 | 0.93 | % | 93,217 | 862 | 0.93 | % | 99,531 | 1,277 | 1.28 | % | ||||||||||||||||||||||||
Total interest-bearing deposits
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257,137 | 856 | 0.33 | % | 250,381 | 1,381 | 0.55 | % | 243,373 | 1,910 | 0.78 | % | ||||||||||||||||||||||||
Securities sold under agreements to repurchase
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5,705 | 13 | 0.23 | % | 4,720 | 22 | 0.47 | % | 6,256 | 31 | 0.50 | % | ||||||||||||||||||||||||
Borrowed funds
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- | - | - | - | 34 | 2 | 6.71 | % | ||||||||||||||||||||||||||||
Total interest-bearing liabilities
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262,842 | 869 | 0.33 | % | 255,101 | 1,403 | 0.55 | % | 249,663 | 1,943 | 0.78 | % | ||||||||||||||||||||||||
Noninterest-bearing deposits
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91,804 | - | 82,858 | - | 77,085 | - | ||||||||||||||||||||||||||||||
354,646 | 869 | 0.25 | % | 337,959 | 1,403 | 0.42 | % | 326,748 | 1,943 | 0.59 | % | |||||||||||||||||||||||||
Other liabilities
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115 | 99 | 579 | |||||||||||||||||||||||||||||||||
Stockholders' equity
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77,301 | 75,753 | 73,733 | |||||||||||||||||||||||||||||||||
Total liabilities and stockholders' equity
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$ | 432,062 | $ | 413,811 | $ | 401,060 | ||||||||||||||||||||||||||||||
Net interest spread
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3.57 | % | 3.81 | % | 4.01 | % | ||||||||||||||||||||||||||||||
Net interest income
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$ | 14,481 | $ | 15,191 | $ | 15,650 | ||||||||||||||||||||||||||||||
Net margin on interest-earning assets
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3.68 | % | 3.99 | % | 4.26 | % | ||||||||||||||||||||||||||||||
Tax equivalent adjustment included in:
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||||||||||||||||||||||||||||||||||||
Investment income
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$ | 77 | $ | 98 | $ | 116 | ||||||||||||||||||||||||||||||
Loan income
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$ | 166 | $ | 165 | $ | 158 |
Average Balances, Interest, and Yields
(Dollars stated in thousands)
|
||||||||||||||||||||||||
For the Year Ended
December 31, 2009
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For the Year Ended
December 31, 2008
|
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Average
Balance
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Interest
|
Yield
|
Average
Balance
|
Interest
|
Yield
|
|||||||||||||||||||
Assets
|
||||||||||||||||||||||||
Federal funds sold
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$ | 33,355 | $ | 67 | 0.20 | % | $ | 36,328 | $ | 732 | 2.02 | % | ||||||||||||
Interest-bearing deposits
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12,227 | 158 | 1.30 | % | 9,659 | 325 | 3.37 | % | ||||||||||||||||
Investment securities:
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U. S. Treasury
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56,949 | 1,498 | 2.63 | % | 44,359 | 1,902 | 4.29 | % | ||||||||||||||||
U. S. Government Agency
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9,926 | 199 | 2.00 | % | 10,330 | 468 | 4.53 | % | ||||||||||||||||
State and municipal
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2,541 | 72 | 2.83 | % | 1,359 | 65 | 4.82 | % | ||||||||||||||||
Other
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1,934 | 92 | 4.77 | % | 1,934 | 109 | 5.64 | % | ||||||||||||||||
Total investment securities
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71,350 | 1,861 | 4.39 | % | 57,982 | 2,544 | 4.39 | % | ||||||||||||||||
Loans:
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Commercial
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21,104 | 1,338 | 6.34 | % | 24,272 | 1,628 | 6.71 | % | ||||||||||||||||
Mortgage
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218,800 | 14,617 | 6.68 | % | 212,104 | 14,917 | 7.03 | % | ||||||||||||||||
Consumer
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2,191 | 181 | 8.24 | % | 2,497 | 206 | 8.23 | % | ||||||||||||||||
Total loans
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242,095 | 16,136 | 6.67 | % | 238,873 | 16,751 | 7.01 | % | ||||||||||||||||
Allowance for loan losses
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725 | 237 | ||||||||||||||||||||||
Total loans, net of allowance
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241,370 | 16,136 | 6.69 | % | 238,636 | 16,751 | 7.02 | % | ||||||||||||||||
Total interest-earning assets
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358,302 | 18,222 | 5.09 | % | 342,605 | 20,352 | 5.94 | % | ||||||||||||||||
Noninterest-bearing cash
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13,634 | 10,906 | ||||||||||||||||||||||
Premises and equipment
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6,546 | 6,391 | ||||||||||||||||||||||
Other assets
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7,556 | 6,998 | ||||||||||||||||||||||
Total assets
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$ | 386,038 | $ | 366,900 | ||||||||||||||||||||
Interest-bearing deposits
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NOW
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$ | 50,932 | 138 | 0.27 | % | $ | 48,624 | 201 | 0.41 | % | ||||||||||||||
Money market
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34,946 | 189 | 0.54 | % | 32,070 | 305 | 0.95 | % | ||||||||||||||||
Savings
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44,648 | 221 | 0.50 | % | 41,667 | 309 | 0.74 | % | ||||||||||||||||
Other time
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99,614 | 1,958 | 1.97 | % | 90,596 | 3,149 | 3.48 | % | ||||||||||||||||
Total interest-bearing deposits
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230,140 | 2,506 | 1.09 | % | 212,957 | 3,964 | 1.86 | % | ||||||||||||||||
Securities sold under agreements to repurchase
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6,527 | 32 | 0.50 | % | 4,792 | 53 | 1.11 | % | ||||||||||||||||
Borrowed funds
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60 | 4 | 6.21 | % | 85 | 5 | 6.14 | % | ||||||||||||||||
Total interest-bearing liabilities
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236,727 | 2,542 | 1.07 | % | 217,834 | 4,022 | 1.85 | % | ||||||||||||||||
Noninterest-bearing deposits
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76,666 | - | 74,262 | - | ||||||||||||||||||||
313,393 | 2,542 | 1.38 | % | 292,096 | 4,022 | 1.38 | % | |||||||||||||||||
Other liabilities
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747 | 1,078 | ||||||||||||||||||||||
Stockholders' equity
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71,898 | 73,726 | ||||||||||||||||||||||
Total liabilities and stockholders' equity
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$ | 386,038 | $ | 366,900 | ||||||||||||||||||||
Net interest spread
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4.02 | % | 4.09 | % | ||||||||||||||||||||
Net interest income
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$ | 15,680 | $ | 16,330 | ||||||||||||||||||||
Net margin on interest-earning assets
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4.38 | % | 4.77 | % | ||||||||||||||||||||
Tax equivalent adjustment included in:
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Investment income
|
$ | 147 | $ | 183 | ||||||||||||||||||||
Loan income
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$ | 173 | $ | 169 |
Year ended December 31,
2012 compared with 2011
variance due to
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Year ended December 31,
2011 compared with 2010
variance due to
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Total
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Rate
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Volume
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Total
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Rate
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Volume
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Interest-earning assets
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Federal funds sold
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$ | (3 | ) | $ | 2 | $ | (5 | ) | $ | (19 | ) | $ | (23 | ) | $ | 4 | ||||||||
Interest-bearing deposits
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(2 | ) | (13 | ) | 11 | - | (4 | ) | 4 | |||||||||||||||
Investment securities:
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U. S. Treasury
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(202 | ) | (475 | ) | 273 | (239 | ) | (513 | ) | 274 | ||||||||||||||
U. S. Government Agency
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(41 | ) | (30 | ) | (11 | ) | (23 | ) | (29 | ) | 6 | |||||||||||||
State and municipals
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(21 | ) | (17 | ) | (4 | ) | 9 | (23 | ) | 32 | ||||||||||||||
Other
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(4 | ) | (2 | ) | (2 | ) | (22 | ) | (21 | ) | (1 | ) | ||||||||||||
Loans:
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Commercial
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(108 | ) | 3 | (111 | ) | (281 | ) | (49 | ) | (232 | ) | |||||||||||||
Mortgage
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(872 | ) | (470 | ) | (402 | ) | (393 | ) | (220 | ) | (173 | ) | ||||||||||||
Consumer
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9 | (3 | ) | 12 | (31 | ) | (6 | ) | (25 | ) | ||||||||||||||
Total interest revenue
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(1,244 | ) | (1,005 | ) | (239 | ) | (999 | ) | (888 | ) | (111 | ) | ||||||||||||
Interest-bearing liabilities
|
||||||||||||||||||||||||
NOW
|
(58 | ) | (60 | ) | 2 | (51 | ) | (67 | ) | 16 | ||||||||||||||
Money market
|
(90 | ) | (123 | ) | 33 | 13 | (25 | ) | 38 | |||||||||||||||
Savings
|
(56 | ) | (68 | ) | 12 | (76 | ) | (83 | ) | 7 | ||||||||||||||
Other time deposits
|
(321 | ) | (270 | ) | (51 | ) | (415 | ) | (334 | ) | (81 | ) | ||||||||||||
Other borrowed funds
|
(9 | ) | (14 | ) | 5 | (11 | ) | (1 | ) | (10 | ) | |||||||||||||
Total interest expense
|
(534 | ) | (535 | ) | 1 | (540 | ) | (510 | ) | (30 | ) | |||||||||||||
Net interest income
|
$ | (710 | ) | $ | (470 | ) | $ | (240 | ) | $ | (459 | ) | $ | (378 | ) | $ | (81 | ) |
2012
|
2011
|
2010
|
2009
|
2008
|
||||||||||||||||
Real estate mortgages
|
||||||||||||||||||||
Construction, land development, and land
|
$ | 13,819,207 | $ | 13,162,460 | $ | 21,792,060 | $ | 21,952,873 | $ | 30,330,261 | ||||||||||
Residential 1 to 4 family, 1st liens
|
81,794,242 | 85,772,367 | 92,635,944 | 94,757,873 | 95,203,258 | |||||||||||||||
Residential 1 to 4 family, subordinate liens
|
1,932,743 | 2,015,355 | 1,660,805 | 2,460,550 | 2,952,418 | |||||||||||||||
Commercial properties
|
115,655,467 | 113,010,943 | 102,578,171 | 102,476,713 | 89,302,549 | |||||||||||||||
Commercial
|
12,946,639 | 12,507,978 | 17,596,451 | 16,915,476 | 21,990,067 | |||||||||||||||
Consumer
|
1,978,753 | 1,737,297 | 1,720,966 | 2,136,145 | 2,359,513 | |||||||||||||||
Total loans
|
228,127,051 | 228,206,400 | 237,984,397 | 240,699,630 | 242,138,066 | |||||||||||||||
Less allowance for loan losses
|
780,493 | 672,261 | 983,178 | 637,761 | 707,152 | |||||||||||||||
Loans, net
|
$ | 227,346,558 | $ | 227,534,139 | $ | 237,001,219 | $ | 240,061,869 | $ | 241,430,914 | ||||||||||
Real estate mortgages
|
||||||||||||||||||||
Construction, land development, and land
|
6.06 | % | 5.77 | % | 9.16 | % | 9.12 | % | 12.53 | % | ||||||||||
Residential 1 to 4 family, 1st liens
|
35.85 | % | 37.59 | % | 38.93 | % | 39.37 | % | 39.32 | % | ||||||||||
Residential 1 to 4 family, subordinate liens
|
0.85 | % | 0.88 | % | 0.70 | % | 1.02 | % | 1.22 | % | ||||||||||
Commercial properties
|
50.69 | % | 49.52 | % | 43.10 | % | 42.57 | % | 36.88 | % | ||||||||||
Commercial
|
5.68 | % | 5.48 | % | 7.39 | % | 7.03 | % | 9.08 | % | ||||||||||
Consumer
|
0.87 | % | 0.76 | % | 0.72 | % | 0.89 | % | 0.97 | % | ||||||||||
Total loans
|
100.00 | % | 100.00 | % | 100.00 | % | 100.00 | % | 100.00 | % |
2012
|
2011
|
2010
|
||||||||||
Construction and land development loans
|
$ | 5,486,662 | $ | 1,999,670 | $ | 8,569,169 | ||||||
Other loan commitments
|
22,177,291 | 22,346,026 | 21,164,229 | |||||||||
Standby letters of credit
|
1,506,289 | 1,486,677 | 1,590,367 | |||||||||
Total
|
$ | 29,170,242 | $ | 25,832,373 | $ | 31,323,765 |
Allowance for Loan Losses
|
||||||||||||||||||||
2012
|
2011
|
2010
|
2009
|
2008
|
||||||||||||||||
Balance at beginning of year
|
$ | 672,261 | $ | 983,178 | $ | 637,761 | $ | 707,152 | $ | 195,525 | ||||||||||
Loans charged-off:
|
||||||||||||||||||||
Real estate - construction and land
|
45,081 | 227,197 | 100,000 | 75,000 | - | |||||||||||||||
Real estate - mortgage
|
445,750 | 1,218,921 | 190,093 | 656,191 | - | |||||||||||||||
Commercial
|
18,559 | 18,492 | 354,854 | 200,357 | 76,383 | |||||||||||||||
Consumer
|
14,253 | 19,650 | 52,935 | 47,321 | 34,532 | |||||||||||||||
Total loan losses
|
523,643 | 1,484,260 | 697,882 | 978,869 | 110,915 | |||||||||||||||
Recoveries on loans charged off:
|
||||||||||||||||||||
Real estate - construction and land
|
- | 39,072 | - | - | - | |||||||||||||||
Real estate - mortgage
|
16,843 | 300 | 1,100 | 669 | - | |||||||||||||||
Commercial
|
103 | 410 | 1,073 | 40,364 | 3,785 | |||||||||||||||
Consumer
|
9,229 | 6,261 | 29,126 | 18,445 | 1,231 | |||||||||||||||
Total loan recoveries
|
26,175 | 46,043 | 31,299 | 59,478 | 5,016 | |||||||||||||||
Net loan charge-offs (recoveries)
|
497,468 | 1,438,217 | 666,583 | 919,391 | 105,899 | |||||||||||||||
Provision for loan loss expense
|
605,700 | 1,127,300 | 1,012,000 | 850,000 | 617,526 | |||||||||||||||
Balance at end of year
|
$ | 780,493 | $ | 672,261 | $ | 983,178 | $ | 637,761 | $ | 707,152 | ||||||||||
Gross loans outstanding at year end
|
$ | 228,127,051 | $ | 228,206,400 | $ | 237,984,397 | $ | 240,699,630 | $ | 242,138,066 | ||||||||||
Allowance for loan losses to gross loans outstanding at end of year
|
0.34 | % | 0.29 | % | 0.41 | % | 0.26 | % | 0.29 | % | ||||||||||
Average gross loans
|
$ | 229,923,000 | $ | 237,757,000 | $ | 244,189,000 | $ | 242,095,000 | $ | 238,873,000 | ||||||||||
Net charge-offs to average gross loans
|
0.22 | % | 0.60 | % | 0.27 | % | 0.38 | % | 0.04 | % |
Allocation of Allowance for Loan Losses
|
||||||||||||||||||||||||
December 31, 2012
|
December 31, 2011
|
December 31, 2010
|
||||||||||||||||||||||
Amount
|
% of Loans
|
Amount
|
% of Loans
|
Amount
|
% of Loans
|
|||||||||||||||||||
Real estate - construction and land
|
||||||||||||||||||||||||
Formula-based
|
$ | 119,036 | $ | 160,392 | $ | 235,437 | ||||||||||||||||||
Specific reserves
|
- | - | - | |||||||||||||||||||||
Total real estate - construction and land
|
119,036 | 5.77 | % | 160,392 | 5.77 | % | 235,437 | 9.16 | % | |||||||||||||||
Real estate - mortgage
|
||||||||||||||||||||||||
Formula-based
|
412,765 | 235,634 | 76,836 | |||||||||||||||||||||
Specific reserves
|
- | - | 330,759 | |||||||||||||||||||||
Total real estate - mortgage
|
412,765 | 87.99 | % | 235,634 | 87.99 | % | 407,595 | 82.73 | % | |||||||||||||||
Commercial
|
||||||||||||||||||||||||
Formula-based
|
168,033 | 197,353 | 194,946 | |||||||||||||||||||||
Specific reserves
|
- | - | - | |||||||||||||||||||||
Total commercial
|
168,033 | 5.48 | % | 197,353 | 5.48 | % | 194,946 | 7.39 | % | |||||||||||||||
Consumer
|
||||||||||||||||||||||||
Formula-based
|
55,595 | 60,487 | 119,228 | |||||||||||||||||||||
Specific reserves
|
- | - | - | |||||||||||||||||||||
Total consumer
|
55,595 | 0.76 | % | 60,487 | 0.76 | % | 119,228 | 0.72 | % | |||||||||||||||
Subtotal
|
755,429 | 100.00 | % | 653,866 | 100.00 | % | 957,206 | 100.00 | % | |||||||||||||||
Unallocated
|
25,064 | 18,395 | 25,972 | |||||||||||||||||||||
Total
|
$ | 780,493 | $ | 672,261 | $ | 983,178 |
December 31, 2009
|
December 31, 2008
|
||||||||||||||||
Amount
|
% of Loans
|
Amount
|
% of Loans
|
||||||||||||||
Real estate - construction and land
|
|||||||||||||||||
Formula-based
|
$ | 110,000 | $ | - | |||||||||||||
Specific reserves
|
35,262 | 170,000 | |||||||||||||||
Total real estate - construction and land
|
145,262 | 12.53 | % | 170,000 | 12.53 | % | |||||||||||
Real estate - mortgage
|
|||||||||||||||||
Formula-based
|
50,226 | 178,125 | |||||||||||||||
Specific reserves
|
- | 126,974 | |||||||||||||||
Total real estate - mortgage
|
50,226 | 77.42 | % | 305,099 | 77.42 | % | |||||||||||
Commercial
|
|||||||||||||||||
Formula-based
|
156,554 | 73,963 | |||||||||||||||
Specific reserves
|
223,607 | 128,521 | |||||||||||||||
Total commercial
|
380,161 | 9.08 | % | 202,484 | 9.08 | % | |||||||||||
Consumer
|
|||||||||||||||||
Formula-based
|
53,638 | 30,807 | |||||||||||||||
Specific reserves
|
- | - | |||||||||||||||
Total consumer
|
53,638 | 0.97 | % | 30,807 | 0.97 | % | |||||||||||
Subtotal
|
629,287 | 100.00 | % | 708,390 | 100.00 | % | |||||||||||
Unallocated
|
8,474 | (1,238 | ) | ||||||||||||||
Total
|
$ | 637,761 | $ | 707,152 |
2012
|
2011
|
2010
|
2009
|
2008
|
||||||||||||||||
Loans 90 days or more past due and accruing
|
$ | 684,422 | $ | 684,422 | $ | 684,422 | $ | 787,580 | $ | 4,647,792 | ||||||||||
Nonaccruing loans
|
||||||||||||||||||||
Current
|
788,141 | 965,708 | 1,185,435 | 423,227 | - | |||||||||||||||
Past due 30 days or more
|
1,885,727 | 2,402,563 | 2,921,086 | 599,856 | 199,724 | |||||||||||||||
Total nonaccruing loans
|
2,673,868 | 3,368,271 | 4,106,521 | 1,023,083 | 199,724 | |||||||||||||||
Total nonperforming loans
|
3,358,290 | 4,052,693 | 4,790,943 | 1,810,663 | 4,847,516 | |||||||||||||||
Other real estate owned
|
1,440,900 | 1,715,138 | 779,500 | 1,433,000 | - | |||||||||||||||
Total nonperforming assets
|
$ | 4,799,190 | $ | 5,767,831 | $ | 5,570,443 | $ | 3,243,663 | $ | 4,847,516 |
2012
|
2011
|
2010
|
2009
|
2008
|
||||||||||||||||
Impaired loans with valuation allowances, including nonaccruing loans
|
$ | - | $ | - | $ | 2,478,049 | $ | 799,833 | $ | 4,328,618 | ||||||||||
Valuation allowances on impaired loans
|
$ | - | $ | - | $ | 330,759 | $ | 258,869 | $ | 605,405 | ||||||||||
Impaired loans with no valuation allowances
|
$ | 11,301,555 | $ | 13,508,334 | $ | 12,924,345 | $ | 8,200,966 | $ | 5,511,800 |
2012
|
2011
|
2010
|
||||||||||||||||||||||
Number
|
Balance
|
Number
|
Balance
|
Number
|
Balance
|
|||||||||||||||||||
Construction, land devlelopment, and land
|
2 | $ | 574,300 | 3 | $ | 785,987 | 1 | $ | 597,000 | |||||||||||||||
Residential 1 to 4 family, 1st liens
|
1 | 866,600 | 1 | 929,151 | 1 | 182,500 | ||||||||||||||||||
3 | $ | 1,440,900 | 4 | $ | 1,715,138 | 2 | $ | 779,500 |
Investment Securities Maturity Distribution and Yields
|
||||||||||||||||||||||||
December 31, 2012
|
December 31, 2011
|
December 31, 2010
|
||||||||||||||||||||||
Amount
|
Yield
|
Amount
|
Yield
|
Amount
|
Yield
|
|||||||||||||||||||
U. S. Treasury
|
||||||||||||||||||||||||
One year or less
|
$ | 67,009,266 | 0.29 | % | $ | 54,064,546 | 0.65 | % | $ | 37,720,874 | 0.89 | % | ||||||||||||
Over one through five years
|
54,134,605 | 0.47 | % | 35,092,814 | 0.71 | % | 36,174,343 | 1.15 | % | |||||||||||||||
Over ten years
|
3,008,800 | 7.29 | % | 2,995,400 | 7.28 | % | 2,691,562 | 7.28 | % | |||||||||||||||
Total U.S. Treasury securities
|
124,152,671 | 0.54 | % | 92,152,760 | 0.89 | % | 76,586,779 | 1.24 | % | |||||||||||||||
U.S. Government Agencies
|
||||||||||||||||||||||||
One year or less
|
3,000,000 | 0.36 | % | 2,000,004 | 0.43 | % | 2,002,278 | 0.93 | % | |||||||||||||||
Over one through five years
|
6,000,000 | 0.40 | % | 7,500,000 | 0.72 | % | 5,000,170 | 0.78 | % | |||||||||||||||
Total U. S. Government Agencies
|
9,000,000 | 0.38 | % | 9,500,004 | 0.66 | % | 7,002,448 | 0.82 | % | |||||||||||||||
State, county, and municipal
|
||||||||||||||||||||||||
One year or less
|
1,358,644 | 0.74 | % | 3,407,716 | 0.95 | % | 2,127,951 | 0.84 | % | |||||||||||||||
Over one through five years
|
3,857,744 | 0.64 | % | 3,015,103 | 0.68 | % | 4,051,980 | 1.07 | % | |||||||||||||||
Total state, county, and municipal
|
5,216,388 | 0.66 | % | 6,422,819 | 0.82 | % | 6,179,931 | 0.99 | % | |||||||||||||||
Total debt securities
|
||||||||||||||||||||||||
One year or less
|
71,367,910 | 0.30 | % | 59,472,266 | 0.66 | % | 41,851,103 | 0.89 | % | |||||||||||||||
Over one through five years
|
63,992,349 | 0.47 | % | 45,607,917 | 0.71 | % | 45,226,493 | 1.11 | % | |||||||||||||||
Over ten years
|
3,008,800 | 7.29 | % | 2,995,400 | 7.28 | % | 2,691,562 | 7.28 | % | |||||||||||||||
Total debt securities
|
138,369,059 | 0.53 | % | 108,075,583 | 0.86 | % | 89,769,158 | 1.19 | % | |||||||||||||||
Equity securities
|
1,706,150 | 1.49 | % | 1,645,531 | 1.57 | % | 2,336,334 | 2.33 | % | |||||||||||||||
Total securities
|
$ | 140,075,209 | 0.55 | % | $ | 109,721,114 | 0.87 | % | $ | 92,105,492 | 1.22 | % |
December 31, 2012
|
||||||||||||||||||||
Within
three
months
|
After three
but within
twelve
months
|
After one
but within
five years
|
After
five years
|
Total
|
||||||||||||||||
Assets
|
||||||||||||||||||||
Earning assets
|
||||||||||||||||||||
Federal funds sold
|
$ | 20,842,304 | $ | - | $ | - | $ | - | $ | 20,842,304 | ||||||||||
Interest-bearing deposits
|
5,460,278 | 5,848,154 | 2,279,457 | - | 13,587,889 | |||||||||||||||
Investment debt securities
|
32,000,301 | 39,345,653 | 63,947,993 | 1,997,220 | 137,291,167 | |||||||||||||||
Loans
|
216,458,368 | 596,818 | 5,799,263 | 5,272,602 | 228,127,051 | |||||||||||||||
Total earning assets
|
$ | 274,761,251 | $ | 45,790,625 | $ | 72,026,713 | $ | 7,269,822 | $ | 399,848,411 | ||||||||||
Liabilities
|
||||||||||||||||||||
Interest-bearing deposits
|
||||||||||||||||||||
NOW
|
$ | 71,663,157 | $ | - | $ | - | $ | - | $ | 71,663,157 | ||||||||||
Money market
|
53,087,483 | - | - | - | 53,087,483 | |||||||||||||||
Savings
|
56,743,398 | - | - | - | 56,743,398 | |||||||||||||||
Certificates $100,000 and over
|
14,062,146 | 15,151,059 | 6,841,439 | - | 36,054,644 | |||||||||||||||
Certificates under $100,000
|
14,907,002 | 22,695,455 | 8,706,855 | - | 46,309,312 | |||||||||||||||
Securities sold under agreements to repurchase
|
5,230,572 | - | - | - | 5,230,572 | |||||||||||||||
Total interest-bearing liabilities
|
$ | 215,693,758 | $ | 37,846,514 | $ | 15,548,294 | $ | - | $ | 269,088,566 | ||||||||||
Period gap
|
$ | 59,067,493 | $ | 7,944,111 | $ | 56,478,419 | $ | 7,269,822 | $ | 130,759,845 | ||||||||||
Cumulative gap
|
$ | 59,067,493 | $ | 67,011,604 | $ | 123,490,023 | $ | 130,759,845 | ||||||||||||
Ratio of cumulative gap to total earning assets
|
14.77 | % | 16.76 | % | 30.88 | % | 32.70 | % |
December 31,
|
||||||||||||||||||||||||
2012
|
2011
|
2010
|
||||||||||||||||||||||
Amount
|
Percent of
deposits
|
Amount
|
Percent of
deposits
|
Amount
|
Percent of
deposits
|
|||||||||||||||||||
Non-interest bearing
|
$ | 96,697,061 | 26.82 | % | $ | 83,136,325 | 24.74 | % | $ | 76,763,686 | 23.48 | % | ||||||||||||
NOW
|
71,663,157 | 19.88 | % | 63,986,093 | 19.04 | % | 59,410,096 | 18.18 | % | |||||||||||||||
Money market
|
53,087,483 | 14.72 | % | 49,398,754 | 14.70 | % | 43,030,285 | 13.17 | % | |||||||||||||||
Savings
|
56,743,398 | 15.74 | % | 51,454,152 | 15.31 | % | 48,417,028 | 14.82 | % | |||||||||||||||
Time deposits less than $100,000
|
46,312,912 | 12.84 | % | 50,032,394 | 14.89 | % | 55,243,123 | 16.91 | % | |||||||||||||||
Core deposits
|
324,504,011 | 298,007,718 | 282,864,218 | |||||||||||||||||||||
Time deposits of $100,000 or more
|
36,051,044 | 10.00 | % | 38,048,786 | 11.32 | % | 43,913,536 | 13.44 | % | |||||||||||||||
Total deposits
|
$ | 360,555,055 | 100.00 | % | $ | 336,056,504 | 100.00 | % | $ | 326,777,754 | 100.00 | % |
Within three
Months
|
After three
through
six months
|
After six
through
twelve
months
|
After
twelve
months
|
Total
|
||||||||||||||||
Time deposits of $100,000 or more
|
$ | 14,058,545 | $ | 4,469,783 | $ | 10,681,276 | $ | 6,841,440 | $ | 36,051,044 |
Noninterest revenue
|
||||||||||||
2012
|
2011
|
2010
|
||||||||||
Service charges on deposit accounts
|
$ | 752,987 | $ | 880,505 | $ | 949,377 | ||||||
ATM and debit card revenue
|
683,415 | 683,641 | 676,329 | |||||||||
Increase in cash surrender value of bank owned life insurance
|
254,419 | 175,856 | 171,261 | |||||||||
Gain (loss) on sale of assets
|
(24,522 | ) | (74 | ) | 252,703 | |||||||
Loss on other real estate owned
|
(218,252 | ) | (57,871 | ) | (200,904 | ) | ||||||
Loss on other than temporary impairment of investment value
|
(31,904 | ) | (188,994 | ) | - | |||||||
Miscellaneous revenue
|
345,986 | 297,757 | 334,634 | |||||||||
Total noninterest revenue
|
$ | 1,762,129 | $ | 1,790,820 | $ | 2,183,400 | ||||||
Noninterest revenue as a percentage of average total assets
|
0.41 | % | 0.43 | % | 0.54 | % |
Noninterest expense
|
||||||||||||
2012
|
2011
|
2010
|
||||||||||
Salaries and employee benefits
|
$ | 4,981,623 | $ | 4,802,298 | $ | 4,698,755 | ||||||
Occupancy expense
|
725,586 | 812,921 | 811,373 | |||||||||
Furniture and equipment
|
458,670 | 471,195 | 441,459 | |||||||||
ATM and debit card
|
287,948 | 256,822 | 287,829 | |||||||||
Deposit insurance
|
201,101 | 216,577 | 296,118 | |||||||||
Advertising
|
172,477 | 163,466 | 180,336 | |||||||||
Armored car service
|
72,913 | 75,270 | 73,985 | |||||||||
Deposit product services
|
93,738 | 126,620 | 127,322 | |||||||||
Data processing
|
285,937 | 260,990 | 269,950 | |||||||||
Correspondent bank fees
|
62,358 | 66,126 | 65,488 | |||||||||
Courier service
|
45,180 | 45,180 | 45,360 | |||||||||
Director fees
|
155,300 | 164,650 | 183,350 | |||||||||
Dues, donations, and subscriptions
|
81,392 | 80,862 | 74,337 | |||||||||
Liability insurance
|
31,696 | 27,636 | 26,049 | |||||||||
Postage
|
147,146 | 143,268 | 155,168 | |||||||||
Professional fees
|
307,219 | 194,590 | 171,580 | |||||||||
Stationery and supplies
|
72,563 | 65,862 | 58,628 | |||||||||
Telecommunications
|
174,440 | 155,393 | 165,464 | |||||||||
Miscellaneous
|
272,115 | 265,969 | 255,270 | |||||||||
Total noninterest expense
|
$ | 8,629,402 | $ | 8,395,695 | $ | 8,387,821 | ||||||
Noninterest expense as a percentage of average total assets
|
2.00 | % | 2.03 | % | 2.09 | % |
Analysis of Capital | |||||||
Consolidated
Company
|
Bank
|
To be well
capitalized
|
Required
minimums
|
||||
2012
|
|||||||
Total risk-based capital ratio
|
35.4%
|
34.0%
|
10.0%
|
8.0%
|
|||
Tier 1 risk-based capital ratio
|
35.0%
|
33.7%
|
6.0%
|
4.0%
|
|||
Tier 1 leverage ratio
|
17.1%
|
16.4%
|
5.0%
|
4.0%
|
|||
2011
|
|||||||
Total risk-based capital ratio
|
35.0%
|
33.6%
|
10.0%
|
8.0%
|
|||
Tier 1 risk-based capital ratio
|
34.6%
|
33.3%
|
6.0%
|
4.0%
|
|||
Tier 1 leverage ratio
|
17.9%
|
17.1%
|
5.0%
|
4.0%
|
|||
2010
|
|||||||
Total risk-based capital ratio
|
33.6%
|
32.1%
|
10.0%
|
8.0%
|
|||
Tier 1 risk-based capital ratio
|
33.0%
|
31.7%
|
6.0%
|
4.0%
|
|||
Tier 1 leverage ratio
|
17.5%
|
16.9%
|
5.0%
|
4.0%
|
CALVIN B. TAYLOR BANKSHARES, INC.
|
|||||
(Registrant)
|
|||||
Date:
|
March 13, 2013
|
By:
|
/s/ Raymond M. Thompson
|
||
Raymond M. Thompson
|
|||||
Chief Executive Officer
|
|||||
Date:
|
March 13, 2013
|
By:
|
/s/ William H. Mitchell
|
||
William H. Mitchell, Vice President and Treasurer
|
|||||
Principal Financial & Accounting Officer
|
/s/ Rowles & Company, LLP
|
|
Baltimore, Maryland
|
|
March 13, 2013
|
(a)
|
The following documents are filed as part of this report:
|
|
(1), (2) Annual Report to Stockholders for the year ended December 31, 2012
|
||
(3) A list of Exhibits to this Form 10-K is set forth in (b) below.
|
||
(b)
|
Exhibits
|
|
3.1
|
Articles of Incorporation of the Company, incorporated by reference to Exhibit 3.1 of Registration Statement Form S-4, File No. 33-99762.
|
|
3.2
|
Bylaws of the Company, incorporated by reference to Exhibit 3.2 of Registration Statement Form S-4, File No. 33-99762.
|
|
13 | Annual Report to Stockholders for the year ended December 31, 2012 |
CALVIN B. TAYLOR BANKSHARES, INC.
|
|||||
(Registrant)
|
|||||
Date:
|
March 13, 2013
|
By:
|
/s/ Raymond M. Thompson
|
||
Raymond M. Thompson
|
|||||
Chief Executive Officer and President
|
|||||
Date:
|
March 13, 2013
|
By:
|
/s/ William H. Mitchell
|
||
William H. Mitchell, Vice President and Treasurer
|
|||||
Principal Financial and Accounting Officer
|
Date:
|
March 13, 2013
|
By:
|
/s/ James R. Bergey, Jr.
|
||
James R. Bergey, Jr., Director
|
|||||
Date:
|
March 13, 2013
|
By:
|
/s/ John H. Burbage, Jr.
|
||
John H. Burbage, Jr., Director
|
|||||
Date:
|
March 13, 2013
|
By:
|
/s/ Todd E. Burbage
|
||
Todd E. Burbage, Director
|
|||||
Date:
|
March 13, 2013
|
By:
|
/s/ Charlotte K. Cathell
|
||
Charlotte K. Cathell, Director
|
|||||
Date:
|
March 13, 2013
|
By:
|
/s/ Reese F. Cropper, Jr.
|
||
Reese F. Cropper, Jr.
|
|||||
Chairman of the Board of Directors
|
|||||
Date:
|
March 13, 2013
|
By:
|
/s/ Reese F. Cropper, III
|
||
Reese F. Cropper, III, Director
|
|||||
Date:
|
March 13, 2013
|
By:
|
/s/ Hale Harrison
|
||
Hale Harrison, Director
|
|||||
Date:
|
March 13, 2013
|
By:
|
/s/ Gerald T. Mason
|
||
Gerald T. Mason, Director
|
|||||
Date:
|
March 13, 2013
|
By:
|
/s/ William H. Mitchell
|
||
William H. Mitchell, Director
|
|||||
Vice President and Treasurer
|
|||||
Date:
|
March 13, 2013
|
By:
|
/s/ Joseph E. Moore
|
||
Joseph E. Moore, Director
|
|||||
Date:
|
March 13, 2013
|
By:
|
/s/ Louis H. Taylor
|
||
|
Louis H. Taylor, Director
|
||||
Date:
|
March 13, 2013
|
By:
|
/s/ Raymond M. Thompson
|
||
Raymond M. Thompson, Director
|
|||||
President and Chief Executive Officer
|
(1)
|
The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and
|
(2)
|
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.
|
Calvin B. Taylor Bankshares, Inc.
|
|||||
Date:
|
March 13, 2013
|
By:
|
/s/ Raymond M. Thompson
|
||
Raymond M. Thompson
|
|||||
Chief Executive Officer
|
|||||
Date:
|
March 13, 2013
|
By:
|
/s/ William H. Mitchell
|
||
William H. Mitchell, Vice President and Treasurer
|
|||||
Principal Financial and Accounting Officer
|
|
a)
|
designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiary, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
|
|
b)
|
designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
|
|
c)
|
evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluations; and
|
|
d)
|
disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
|
|
a)
|
all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
|
|
b)
|
any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
|
Calvin B. Taylor Bankshares, Inc.
|
|||||
Date:
|
March 13, 2013
|
By:
|
/s/ Raymond M. Thompson
|
||
Raymond M. Thompson
|
|||||
Chief Executive Officer
|
|
a)
|
designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiary, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
|
|
b)
|
designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
|
|
c)
|
evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluations; and
|
|
d)
|
disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
|
|
a)
|
all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
|
|
b)
|
any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
|
Calvin B. Taylor Bankshares, Inc.
|
|||||
Date:
|
March 13, 2013
|
By:
|
/s/ William H. Mitchell
|
||
William H. Mitchell, Vice President and Treasurer
|
|||||
Principal Financial and Accounting Officer
|
1 Year Taylor Calvin B Bankshares (QX) Chart |
1 Month Taylor Calvin B Bankshares (QX) Chart |
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