Bank of Putnam County in Cookeville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Putnam County - Overview

  • General
  • FDIC Certificate #: 8432
    Status: Active
    Federal Reserve ID: 99536
    Bank Holding Company (Regulatory Top Holder): B.P.c. Corporation (RSSDID: 1081613, Location: Cookeville, TN)
    Date Established: November 01, 1901
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 10864
    FDIC's unique #: 5367
    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: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    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: 140 South Jefferson Street, Cookeville, TN 38501
    County: Putnam
    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
    Core Based Statistical Area (CBSA): Cookeville, TN (#18260)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $371.3 mil
    Equity capital: $27.6 mil
    Deposits held in domestic offices: $339.3 mil
    Return on assets (ROA): 1.05% ($3.9 mil)
    Quarterly return on assets: 1.32% ($4.9 mil)
    Return on Equity (ROE): 13.81% ($3.9 mil)
    Quarterly return on equity: 17.31% ($4.8 mil)
    Net income: $3.7 mil
    Quarterly Net income: $1.2 mil
    Pretax return on assets: 1.13% ($4,195.3 mil)
    Quarterly Pretax return on assets: 1.41% ($5,234.8 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
  • 90Total employees (full-time equivalent)
  • $371,263Total assets
  • $83,994Cash and due from depository institutions
  • $78,783Interest-bearing balances
  • $109,563Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $164,178Net loans & leases
  • $1,427Loan loss allowance
  • $0Trading account assets
  • $5,509Bank premises and fixed assets
  • $0Other real estate owned
  • $30Goodwill and other intangibles
  • $371,263Life insurance assets
  • $7,989All other assets
  • $343,629Total liabilities and capital
  • $339,255Total liabilities
  • $301,221Total deposits
  • $339,255Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 1023.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3,351Subordinated debt
  • $27,634All other liabilities
  • $27,634Total equity capital
  • $27,634Total bank equity capital
  • $0Perpetual preferred stock
  • $953Common stock
  • $4,453Surplus
  • $22,228Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $452Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $236Income earned, not collected on loans
  • $0Earning assets
  • $880Long-term assets (5+ years)
  • $352,524Average Assets, year-to-date
  • $54,676Average Assets, quarterly
  • $356,424Volatile liabilities
  • $363,514Insider loans
  • $136,032FHLB advances
  • $353,092Loans and leases held for sale
  • $5,267Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $28,081Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,267Total unused commitments
  • $12,447Restructured Loans and leases
  • $1,617Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,281Total interest income
  • $3,232Total interest expense
  • $9,049Net interest income
  • $295Provision for loan and lease losses
  • $4,483Total noninterest income
  • $0Fiduciary activities
  • $2,089Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,394Additional noninterest income
  • $9,224Total noninterest expense
  • $5,410Salaries and employee benefits
  • $1,107Premises and equipment expense
  • $2,707Additional noninterest expense
  • $4,013Pre-tax net operating income
  • $0Securities gains (losses)
  • $271Applicable income taxes
  • $3,742Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,742Net income attributable to bank
  • $0Net charge-offs
  • $3,742Cash dividends
  • $298Sale, conversion, retirement of capital stock, net
  • $2,604Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.64%Yield on earning assets
  • 0.96%Cost of funding earning assets
  • 2.68%Net interest margin
  • 1.33%Noninterest income to earning assets
  • 2.73%Noninterest expense to earning assets
  • 1.05%Net operating income to assets
  • 1.05%Return on assets (ROA)
  • 1.13%Pretax return on assets
  • 13.81%Return on equity (ROE)
  • 4.20%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 98.99%Credit loss provision to net charge-offs
  • 14.46%Efficiency ratio
  • 68,164Assets per employee
  • 4.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 69.59%Loss allowance to loans
  • 0.86%Loss allowance to noncurrent loans
  • 604.66%Noncurrent assets plus other real estate owned to assets
  • 0.06%Noncurrent loans to loans
  • 0.14%Net loans and leases to deposits
  • 48.39%Net loans and leases to core deposits
  • 50.66%Equity capital to assets
  • 7.44%Core capital (leverage) ratio
  • 7.95%Tier 1 risk-based capital ratio
  • 20.64%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $356,424Average earning assets
  • $27,088Average equity
  • $337,329Average loans

List of branches

  • 8 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05367Bank Of Putnam County140 South Jefferson Street, Cookeville, TN 38501November 01, 1901Full Service Brick and Mortar
    1218463South Willow Branch237 South Willow Avenue, Cookeville, TN 38501December 23, 1975Full Service Brick and Mortar
    213648Monterey Branch100 Commercial Avenue, Monterey, TN 38574October 04, 1968Full Service Brick and Mortar
    4218465Baxter Branch143 Main Street, Baxter, TN 38544August 31, 1988Full Service Brick and Mortar
    5218466Bank Of White County Bank Branch508 West Bockman Way, Sparta, TN 38583September 11, 1989Full Service Brick and Mortar
    6218467Tenth Street1108 East 10th Street, Cookeville, TN 38502November 22, 1994Full Service Brick and Mortar
    7360804Bank Of Overton County Bank Branch1477 West Main Street, Livingston, TN 38570October 10, 2000Full Service Brick and Mortar
    8419152Putnam County Lpo/Dpo114 South Willow Avenue, Cookeville, TN 38501June 09, 2003Limited Service Loan Production

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