American Trust Bank of East Tennessee in Knoxville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • American Trust Bank of East Tennessee in Knoxville, Tennessee (TN)
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American Trust Bank of East Tennessee - Overview

  • General
  • FDIC Certificate #: 57689
    Status: Active
    Federal Reserve ID: 3235689
    Date Established: Febuary 05, 2004
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 419920
    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: Febuary 05, 2004
    Last Structure Change Effective Date: April 07, 2009
    Last Structure Change Process Date: April 07, 2009
    Last Data Update: April 07, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 6771 Baum Drive, Knoxville, TN 37919
    County: Knox
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Knoxville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Knoxville, TN (#3840)
    Combined Statistical Area (CSA): Knoxville-Sevierville-La Follette, TN (#314)
    Core Based Statistical Area (CBSA): Knoxville, TN (#28940)
    CBSA Metro Statistical Area: Knoxville, TN (#28940)
  • Financial Summary
  • Total assets: $138.8 mil
    Equity capital: $14.2 mil
    Deposits held in domestic offices: $118.9 mil
    Return on assets (ROA): 0.34% ($0.5 mil)
    Quarterly return on assets: 0.00% ($0.0 mil)
    Return on Equity (ROE): 3.42% ($0.5 mil)
    Quarterly return on equity: 0.00% ($0.0 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.37% ($513.4 mil)
    Quarterly Pretax return on assets: 0.00% ($0.0 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
  • 35Total employees (full-time equivalent)
  • $138,752Total assets
  • $11,204Cash and due from depository institutions
  • $9,497Interest-bearing balances
  • $34,246Securities
  • $3,084Federal funds sold & reverse repurchase agreements
  • $82,759Net loans & leases
  • $1,996Loan loss allowance
  • $0Trading account assets
  • $2,693Bank premises and fixed assets
  • $2,266Other real estate owned
  • $0Goodwill and other intangibles
  • $138,752Life insurance assets
  • $2,500All other assets
  • $124,514Total liabilities and capital
  • $118,904Total liabilities
  • $108,474Total deposits
  • $118,904Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 3836.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,400Trading liabilities
  • $0Other borrowed funds
  • $374Subordinated debt
  • $14,238All other liabilities
  • $14,238Total equity capital
  • $14,238Total bank equity capital
  • $0Perpetual preferred stock
  • $1,563Common stock
  • $14,185Surplus
  • $-1,510Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,268Income earned, not collected on loans
  • $0Earning assets
  • $480Long-term assets (5+ years)
  • $129,586Average Assets, year-to-date
  • $27,521Average Assets, quarterly
  • $136,323Volatile liabilities
  • $139,228Insider loans
  • $99,843FHLB advances
  • $140,071Loans and leases held for sale
  • $1,030Unused loan commitments
  • $1,030Tier 1 (core) risk-based capital
  • $13,788Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,265Restructured Loans and leases
  • $4,454Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,970Total interest income
  • $1,407Total interest expense
  • $4,563Net interest income
  • $935Provision for loan and lease losses
  • $748Total noninterest income
  • $0Fiduciary activities
  • $288Service charges on deposit accounts
  • $0Trading account gains & fees
  • $460Additional noninterest income
  • $3,837Total noninterest expense
  • $1,904Salaries and employee benefits
  • $487Premises and equipment expense
  • $1,446Additional noninterest expense
  • $539Pre-tax net operating income
  • -$33Securities gains (losses)
  • $42Applicable income taxes
  • $464Income before extraordinary items
  • $0Extraordinary gains - net
  • $464Net income attributable to bank
  • $0Net charge-offs
  • $464Cash dividends
  • $1,206Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.69%Yield on earning assets
  • 1.11%Cost of funding earning assets
  • 3.59%Net interest margin
  • 0.59%Noninterest income to earning assets
  • 3.01%Noninterest expense to earning assets
  • 0.36%Net operating income to assets
  • 0.34%Return on assets (ROA)
  • 0.37%Pretax return on assets
  • 3.42%Return on equity (ROE)
  • 3.42%Retained earnings to average equity (YTD only)
  • 1.42%Net charge-offs to loans
  • 77.53%Credit loss provision to net charge-offs
  • 1.22%Efficiency ratio
  • 72,246Assets per employee
  • 3.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.36%Loss allowance to noncurrent loans
  • 157.41%Noncurrent assets plus other real estate owned to assets
  • 2.55%Noncurrent loans to loans
  • 1.50%Net loans and leases to deposits
  • 69.60%Net loans and leases to core deposits
  • 72.89%Equity capital to assets
  • 10.26%Core capital (leverage) ratio
  • 9.84%Tier 1 risk-based capital ratio
  • 13.81%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $136,323Average earning assets
  • $13,560Average equity
  • $127,276Average loans

List of branches

  • 4 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0419920American Trust Bank Of East Tennesse6771 Baum Drive, Knoxville, TN 37919Febuary 05, 2004Full Service Brick and Mortar
    1432437La Follette Branch2025 Jacksboro Pike, La Follette, TN 37766July 06, 2004Full Service Brick and Mortar
    3443551Medical Park Drive Branch256 Medical Park Drive, Lenoir City, TN 37771August 01, 2005Full Service Brick and Mortar
    4465270Knoxville Office Branch5426 Homberg Drive, Knoxville, TN 37919July 01, 2007Full Service Brick and Mortar

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