Bank of Gleason in city_name, state_name - Detailed Financial Reports, Location

Bank of Gleason in Gleason, Tennessee (TN)
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Bank of Gleason routing number info

Bank of Gleason - Overview

General
FDIC Certificate #: 2379
Status: Active
Federal Reserve ID: 141958
Bank Holding Company (Regulatory Top Holder): Bancshares Of Gleason, Inc. (RSSDID: 1098808, Location: Gleason, TN)
Date Established: January 01, 1901
WWW: http://www.bankofgleason.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 15442
FDIC's unique #: 1566
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: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: May 28, 2010
Last Structure Change Process Date: May 28, 2010
Last Data Update: May 28, 2010
Data Source Date: April 05, 2012
Location
Address: 203 Main Street, Gleason, TN 38229
County: Weakley
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
Combined Statistical Area (CSA): Union City-Martin, TN-KY (#542)
Core Based Statistical Area (CBSA): Martin, TN (#32280)
CBSA Micro Statistical Area: Yes
History of Changes
Change in Location
Financial Summary
Total assets: $122.4 mil
Equity capital: $21.5 mil
Deposits held in domestic offices: $99.6 mil
Return on assets (ROA): 1.11% ($1.4 mil)
Quarterly return on assets: 0.18% ($0.2 mil)
Return on Equity (ROE): 6.56% ($1.4 mil)
Quarterly return on equity: 1.04% ($0.2 mil)
Net income: $1.3 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 1.27% ($1,554.6 mil)
Quarterly Pretax return on assets: 0.27% ($330.5 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
26Total employees (full-time equivalent)
$122,409Total assets
$6,636Cash and due from depository institutions
$0Interest-bearing balances
$64,146Securities
$6,839Federal funds sold & reverse repurchase agreements
$40,400Net loans & leases
$1,042Loan loss allowance
$0Trading account assets
$1,188Bank premises and fixed assets
$1,078Other real estate owned
$0Goodwill and other intangibles
$122,409Life insurance assets
$2,122All other assets
$100,865Total liabilities and capital
$99,594Total liabilities
$87,278Total deposits
$99,594Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,271Subordinated debt
$21,544All other liabilities
$21,544Total equity capital
$21,544Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$500Surplus
$20,844Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$949Income earned, not collected on loans
$0Earning assets
$914Long-term assets (5+ years)
$111,385Average Assets, year-to-date
$57,450Average Assets, quarterly
$118,470Volatile liabilities
$121,841Insider loans
$61,850FHLB advances
$122,419Loans and leases held for sale
$175Unused loan commitments
$175Tier 1 (core) risk-based capital
$19,372Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,221Restructured Loans and leases
$2,729Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,217Total interest income
$1,243Total interest expense
$3,974Net interest income
$450Provision for loan and lease losses
$381Total noninterest income
$0Fiduciary activities
$448Service charges on deposit accounts
$0Trading account gains & fees
-$67Additional noninterest income
$2,425Total noninterest expense
$1,459Salaries and employee benefits
$213Premises and equipment expense
$753Additional noninterest expense
$1,480Pre-tax net operating income
$23Securities gains (losses)
$186Applicable income taxes
$1,317Income before extraordinary items
$0Extraordinary gains - net
$1,317Net income attributable to bank
$0Net charge-offs
$1,317Cash dividends
$754Sale, conversion, retirement of capital stock, net
$431Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.81%Yield on earning assets
1.15%Cost of funding earning assets
3.66%Net interest margin
0.35%Noninterest income to earning assets
2.24%Noninterest expense to earning assets
1.09%Net operating income to assets
1.11%Return on assets (ROA)
1.27%Pretax return on assets
6.56%Return on equity (ROE)
4.41%Retained earnings to average equity (YTD only)
1.74%Net charge-offs to loans
59.68%Credit loss provision to net charge-offs
2.56%Efficiency ratio
55,683Assets per employee
4.71%Cash dividends to net income (YTD only)
Condition Ratios (%)
32.73%Loss allowance to loans
2.51%Loss allowance to noncurrent loans
109.80%Noncurrent assets plus other real estate owned to assets
1.66%Noncurrent loans to loans
2.29%Net loans and leases to deposits
40.56%Net loans and leases to core deposits
42.68%Equity capital to assets
17.60%Core capital (leverage) ratio
15.82%Tier 1 risk-based capital ratio
31.32%Total risk-based capital ratio
Memoranda
$33Average assets
$118,470Average earning assets
$20,085Average equity
$108,436Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$767Managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
54Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$767Other retirement accounts
$755Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

2 Tennessee Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	1566	Bank Of Gleason	203 Main Street, Gleason, TN 38229	January 01, 1901	Full Service Brick and Mortar
1	192578	Mckenzie Branch	15865 North Highland Drive, Mckenzie, TN 38201	August 16, 1990	Full Service Brick and Mortar

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

Bank of Gleason - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

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

Bank of Gleason - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

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