American Security Bank and Trust Company in Hendersonville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • American Security Bank and Trust Company in Hendersonville, Tennessee (TN)
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American Security Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 57636
    Status: Active
    Federal Reserve ID: 3178825
    Date Established: May 17, 2004
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 418922
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: May 17, 2004
    Last Structure Change Effective Date: October 26, 2009
    Last Structure Change Process Date: October 26, 2009
    Last Data Update: October 26, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 Springhouse Court, Hendersonville, TN 37075
    County: Sumner
    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
    Metropolitan Statistical Area (MSA): Nashville, TN (#5360)
    Combined Statistical Area (CSA): Nashville-Davidson-Murfreesboro-Columbia, TN (#400)
    Core Based Statistical Area (CBSA): Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
    CBSA Metro Statistical Area: Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
  • Financial Summary
  • Total assets: $168.9 mil
    Equity capital: $18.9 mil
    Deposits held in domestic offices: $147.6 mil
    Return on assets (ROA): -0.32% (-$0.5 mil)
    Quarterly return on assets: 0.13% ($0.2 mil)
    Return on Equity (ROE): -2.81% (-$0.5 mil)
    Quarterly return on equity: 1.12% ($0.2 mil)
    Net income: -$0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: -0.32% (-$540.4 mil)
    Quarterly Pretax return on assets: 0.13% ($219.6 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
  • 26Total employees (full-time equivalent)
  • $168,889Total assets
  • $13,932Cash and due from depository institutions
  • $12,564Interest-bearing balances
  • $38,426Securities
  • $1,286Federal funds sold & reverse repurchase agreements
  • $106,963Net loans & leases
  • $1,713Loan loss allowance
  • $0Trading account assets
  • $4,115Bank premises and fixed assets
  • $2,473Other real estate owned
  • $0Goodwill and other intangibles
  • $168,889Life insurance assets
  • $1,694All other assets
  • $149,975Total liabilities and capital
  • $147,602Total liabilities
  • $139,219Total deposits
  • $147,602Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $373Subordinated debt
  • $18,914All other liabilities
  • $18,914Total equity capital
  • $18,914Total bank equity capital
  • $0Perpetual preferred stock
  • $3,754Common stock
  • $22,994Surplus
  • $-7,834Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $727Income earned, not collected on loans
  • $0Earning assets
  • $480Long-term assets (5+ years)
  • $159,239Average Assets, year-to-date
  • $34,902Average Assets, quarterly
  • $167,345Volatile liabilities
  • $167,268Insider loans
  • $119,898FHLB advances
  • $165,264Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $18,888Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,871Restructured Loans and leases
  • $4,443Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,082Total interest income
  • $2,528Total interest expense
  • $4,554Net interest income
  • $284Provision for loan and lease losses
  • $2Total noninterest income
  • $0Fiduciary activities
  • $77Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$75Additional noninterest income
  • $4,913Total noninterest expense
  • $2,273Salaries and employee benefits
  • $573Premises and equipment expense
  • $2,067Additional noninterest expense
  • -$641Pre-tax net operating income
  • $106Securities gains (losses)
  • $0Applicable income taxes
  • -$535Income before extraordinary items
  • $0Extraordinary gains - net
  • -$535Net income attributable to bank
  • $0Net charge-offs
  • -$535Cash dividends
  • $548Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.52%Yield on earning assets
  • 1.61%Cost of funding earning assets
  • 2.90%Net interest margin
  • 0.00%Noninterest income to earning assets
  • 3.13%Noninterest expense to earning assets
  • -0.38%Net operating income to assets
  • -0.32%Return on assets (ROA)
  • -0.32%Pretax return on assets
  • -2.81%Return on equity (ROE)
  • -2.81%Retained earnings to average equity (YTD only)
  • 0.50%Net charge-offs to loans
  • 51.82%Credit loss provision to net charge-offs
  • -0.65%Efficiency ratio
  • 107,836Assets per employee
  • 6.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.58%Loss allowance to noncurrent loans
  • 235.63%Noncurrent assets plus other real estate owned to assets
  • 1.89%Noncurrent loans to loans
  • 0.67%Net loans and leases to deposits
  • 72.47%Net loans and leases to core deposits
  • 91.51%Equity capital to assets
  • 11.20%Core capital (leverage) ratio
  • 11.43%Tier 1 risk-based capital ratio
  • 15.75%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $167,345Average earning assets
  • $19,060Average equity
  • $156,813Average loans

List of branches

  • 2 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0418922American Security Bank And Trust Com101 Springhouse Court, Hendersonville, TN 37075May 17, 2004Full Service Brick and Mortar
    1464813Greensboro Village - Gallatin Branch885 Greenlea Boulevard, Gallatin, TN 37066July 02, 2007Full Service Brick and Mortar

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