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


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
  • NoIDNameAddressEstablishedService TypeMap
    01566Bank Of Gleason203 Main Street, Gleason, TN 38229January 01, 1901Full Service Brick and Mortar
    1192578Mckenzie Branch15865 North Highland Drive, Mckenzie, TN 38201August 16, 1990Full Service Brick and Mortar

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