American City Bank of Tullahoma in Tullahoma, Tennessee (TN)



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American City Bank of Tullahoma routing number info

Table of contents:
American City Bank of Tullahoma
GeneralFDIC Certificate #: 21663
Status: Active
Federal Reserve ID: 917331
Bank Holding Company (Regulatory Top Holder): Clayton Bancorp, Inc (RSSDID: 3153242, Location: Knoxville, TN)
Date Established: July 01, 1974
WWW: http://www.americancitybank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 11323
FDIC's unique #: 14990
Numeric code: 21
Regulator: FDIC
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: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: July 01, 1974
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
LocationAddress: 340 West Lincoln Street, Tullahoma, TN 37388
County: Coffee
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Nashville
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Core Based Statistical Area (CBSA): Tullahoma, TN (#46100)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $240.8 mil
Equity capital: $35.8 mil
Deposits held in domestic offices: $190.6 mil
Return on assets (ROA): 0.94% ($2.3 mil)
Quarterly return on assets: 1.29% ($3.1 mil)
Return on Equity (ROE): 6.39% ($2.3 mil)
Quarterly return on equity: 8.55% ($3.1 mil)
Net income: $2.2 mil
Quarterly Net income: $0.8 mil
Pretax return on assets: 1.05% ($2,528.6 mil)
Quarterly Pretax return on assets: 1.45% ($3,491.8 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)55
Total assets$240,817
Cash and due from depository institutions$7,367
Interest-bearing balances$1,186
Securities$28,573
Federal funds sold & reverse repurchase agreements$7,325
Net loans & leases$178,833
Loan loss allowance $2,277
Trading account assets$0
Bank premises and fixed assets$4,392
Other real estate owned$2,037
Goodwill and other intangibles$9,200
All other assets$3,090
Life insurance assets$240,817
Total liabilities and capital$205,023
Total liabilities$190,564
Total deposits$163,724
Interest-bearing deposits$190,564
Deposits held in domestic offices$83
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$13,172
Other borrowed funds $0
Subordinated debt $1,287
All other liabilities $35,794
Total equity capital$35,794
Total bank equity capital$35,794
Perpetual preferred stock$0
Common stock$362
Surplus$23,165
Undivided profits $12,267
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 $4,979
Earning assets $0
Long-term assets (5+ years) $1,275
Average Assets, year-to-date $215,917
Average Assets, quarterly $28,299
Volatile liabilities $237,551
Insider loans $236,674
FHLB advances $183,611
Loans and leases held for sale $230,464
Unused loan commitments $414
Tier 1 (core) risk-based capital $414
Tier 2 risk-based capital $25,470
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $12,802
Derivatives$3,129
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $12,757
Total interest expense $3,010
Net interest income $9,747
Provision for loan and lease losses $2,806
Total noninterest income $469
Fiduciary activities $0
Service charges on deposit accounts $341
Trading account gains & fees $0
Additional noninterest income $128
Total noninterest expense $4,923
Salaries and employee benefits $2,359
Premises and equipment expense $355
Additional noninterest expense $2,209
Pre-tax net operating income $2,487
Securities gains (losses) $0
Applicable income taxes $252
Income before extraordinary items $2,235
Extraordinary gains - net $0
Net income attributable to bank $2,235
Net charge-offs $0
Cash dividends $2,235
Sale, conversion, retirement of capital stock, net $3,804
Net operating income $349
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.95%
Cost of funding earning assets 1.40%
Net interest margin 4.55%
Noninterest income to earning assets 0.22%
Noninterest expense to earning assets 2.30%
Net operating income to assets 0.94%
Return on assets (ROA) 0.94%
Pretax return on assets 1.05%
Return on equity (ROE) 6.39%
Retained earnings to average equity (YTD only) 5.39%
Net charge-offs to loans 2.12%
Credit loss provision to net charge-offs 73.76%
Efficiency ratio1.39%
Assets per employee$44,264
Cash dividends to net income (YTD only)4.38%
Condition Ratios (%)
Loss allowance to loans 15.62%
Loss allowance to noncurrent loans 1.26%
Noncurrent assets plus other real estate owned to assets 45.73%
Noncurrent loans to loans 2.91%
Net loans and leases to deposits2.75%
Net loans and leases to core deposits 93.84%
Equity capital to assets 109.43%
Core capital (leverage) ratio 14.86%
Tier 1 risk-based capital ratio 11.05%
Total risk-based capital ratio 13.87%
Memoranda
Average assets$15
Average earning assets$237,551
Average equity $34,967
Average loans $214,437
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4 Tennessee Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
014990American City Bank Of Tullahoma340 West Lincoln Street, Tullahoma, TN 37388July 01, 1974Full Service Brick and Mortar
1253198Northgate Branch1700 North Jackson Street, Tullahoma, TN 37388August 16, 1976Full Service Brick and Mortar
2253199Manchester Branch1500 Hillsboro Highway, Manchester, TN 37355July 29, 1983Full Service Brick and Mortar
7465432American City Bank, Decherd Branch2200 Decherd Boulevard, Decherd, TN 37324July 09, 2007Full Service Brick and Mortar
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