Bank of Frankewing in Frankewing, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches


Bank of Frankewing - Overview

  • General
  • FDIC Certificate #: 1484
    Status: Active
    Federal Reserve ID: 166531
    Bank Holding Company (Regulatory Top Holder): Frankewing Bancshares, Inc. (RSSDID: 1136447, Location: Frankewing, TN)
    Date Established: December 13, 1920
    WWW: http://www.bankoffrankewing.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 979
    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: January 01, 1934
    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
  • Location
  • Address: 2324 Highway 64 East, Frankewing, TN 38459
    County: Giles
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $203.5 mil
    Equity capital: $21.2 mil
    Deposits held in domestic offices: $180.4 mil
    Return on assets (ROA): 0.57% ($1.2 mil)
    Quarterly return on assets: 0.10% ($0.2 mil)
    Return on Equity (ROE): 5.68% ($1.2 mil)
    Quarterly return on equity: 0.97% ($0.2 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.84% ($1,709.1 mil)
    Quarterly Pretax return on assets: -0.08% (-$162.8 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
  • 53Total employees (full-time equivalent)
  • $203,467Total assets
  • $26,752Cash and due from depository institutions
  • $18,027Interest-bearing balances
  • $22,724Securities
  • $770Federal funds sold & reverse repurchase agreements
  • $136,469Net loans & leases
  • $3,000Loan loss allowance
  • $0Trading account assets
  • $4,561Bank premises and fixed assets
  • $3,443Other real estate owned
  • $0Goodwill and other intangibles
  • $203,467Life insurance assets
  • $8,748All other assets
  • $182,264Total liabilities and capital
  • $180,374Total liabilities
  • $152,562Total deposits
  • $180,374Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,890Subordinated debt
  • $21,203All other liabilities
  • $21,203Total equity capital
  • $21,203Total bank equity capital
  • $0Perpetual preferred stock
  • $2,500Common stock
  • $2,500Surplus
  • $16,203Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,050Income earned, not collected on loans
  • $0Earning assets
  • $1,131Long-term assets (5+ years)
  • $177,990Average Assets, year-to-date
  • $39,348Average Assets, quarterly
  • $204,450Volatile liabilities
  • $203,942Insider loans
  • $148,599FHLB advances
  • $204,336Loans and leases held for sale
  • $4,837Unused loan commitments
  • $4,837Tier 1 (core) risk-based capital
  • $20,813Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,129Restructured Loans and leases
  • $3,314Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,475Total interest income
  • $2,478Total interest expense
  • $7,997Net interest income
  • $1,562Provision for loan and lease losses
  • $1,491Total noninterest income
  • $0Fiduciary activities
  • $917Service charges on deposit accounts
  • $0Trading account gains & fees
  • $574Additional noninterest income
  • $6,215Total noninterest expense
  • $2,771Salaries and employee benefits
  • $801Premises and equipment expense
  • $2,643Additional noninterest expense
  • $1,711Pre-tax net operating income
  • $0Securities gains (losses)
  • $537Applicable income taxes
  • $1,174Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,174Net income attributable to bank
  • $0Net charge-offs
  • $1,174Cash dividends
  • $1,718Sale, conversion, retirement of capital stock, net
  • $361Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.80%Yield on earning assets
  • 1.37%Cost of funding earning assets
  • 4.43%Net interest margin
  • 0.83%Noninterest income to earning assets
  • 3.44%Noninterest expense to earning assets
  • 0.57%Net operating income to assets
  • 0.57%Return on assets (ROA)
  • 0.84%Pretax return on assets
  • 5.68%Return on equity (ROE)
  • 3.93%Retained earnings to average equity (YTD only)
  • 1.20%Net charge-offs to loans
  • 90.92%Credit loss provision to net charge-offs
  • 1.91%Efficiency ratio
  • 65,504Assets per employee
  • 3.84%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 30.75%Loss allowance to loans
  • 2.15%Loss allowance to noncurrent loans
  • 59.41%Noncurrent assets plus other real estate owned to assets
  • 4.17%Noncurrent loans to loans
  • 3.62%Net loans and leases to deposits
  • 75.66%Net loans and leases to core deposits
  • 83.12%Equity capital to assets
  • 10.42%Core capital (leverage) ratio
  • 10.19%Tier 1 risk-based capital ratio
  • 14.01%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $204,450Average earning assets
  • $20,667Average equity
  • $180,555Average loans

List of branches

  • 3 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0979Bank Of Frankewing2324 Highway 64 East, Frankewing, TN 38459December 13, 1920Full Service Brick and Mortar
    1340805Pulaski Branch1671 West College Street, Pulaski, TN 38478May 22, 2000Full Service Brick and Mortar
    2441835Lawrenceburg Branch1200 N Locust St, Lawrenceburg, TN 38464June 27, 2005Full Service Brick and Mortar

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