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


Bank of Ripley - Overview

  • General
  • FDIC Certificate #: 15673
    Status: Active
    Federal Reserve ID: 433550
    Bank Holding Company (Regulatory Top Holder): Bancshares Of Ripley, Inc. (RSSDID: 1099823, Location: Ripley, TN)
    Date Established: July 14, 1939
    WWW: http://www.bankofripley.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 9828
    FDIC's unique #: 9947
    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: July 14, 1939
    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: 134 North Jefferson Street, Ripley, TN 38063
    County: Lauderdale
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Memphis
    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: $202.2 mil
    Equity capital: $31.0 mil
    Deposits held in domestic offices: $169.8 mil
    Return on assets (ROA): 0.83% ($1.7 mil)
    Quarterly return on assets: 0.85% ($1.7 mil)
    Return on Equity (ROE): 5.47% ($1.7 mil)
    Quarterly return on equity: 5.43% ($1.7 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.97% ($1,961.4 mil)
    Quarterly Pretax return on assets: 0.69% ($1,395.2 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
  • 64Total employees (full-time equivalent)
  • $202,204Total assets
  • $7,288Cash and due from depository institutions
  • $193Interest-bearing balances
  • $82,245Securities
  • $18,800Federal funds sold & reverse repurchase agreements
  • $79,926Net loans & leases
  • $839Loan loss allowance
  • $0Trading account assets
  • $4,280Bank premises and fixed assets
  • $2,490Other real estate owned
  • $0Goodwill and other intangibles
  • $202,204Life insurance assets
  • $7,175All other assets
  • $171,201Total liabilities and capital
  • $169,762Total liabilities
  • $142,428Total deposits
  • $169,762Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,439Subordinated debt
  • $31,003All other liabilities
  • $31,003Total equity capital
  • $31,003Total bank equity capital
  • $0Perpetual preferred stock
  • $90Common stock
  • $1,881Surplus
  • $29,032Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $768Income earned, not collected on loans
  • $0Earning assets
  • $1,252Long-term assets (5+ years)
  • $181,164Average Assets, year-to-date
  • $75,620Average Assets, quarterly
  • $192,903Volatile liabilities
  • $197,073Insider loans
  • $122,442FHLB advances
  • $198,268Loans and leases held for sale
  • $4,050Unused loan commitments
  • $172Tier 1 (core) risk-based capital
  • $28,780Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,878Total unused commitments
  • $4,921Restructured Loans and leases
  • $94Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,105Total interest income
  • $1,703Total interest expense
  • $7,402Net interest income
  • $290Provision for loan and lease losses
  • $1,955Total noninterest income
  • $3Fiduciary activities
  • $1,288Service charges on deposit accounts
  • $0Trading account gains & fees
  • $664Additional noninterest income
  • $7,221Total noninterest expense
  • $4,299Salaries and employee benefits
  • $1,097Premises and equipment expense
  • $1,825Additional noninterest expense
  • $1,846Pre-tax net operating income
  • $19Securities gains (losses)
  • $264Applicable income taxes
  • $1,601Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,601Net income attributable to bank
  • $0Net charge-offs
  • $1,601Cash dividends
  • $349Sale, conversion, retirement of capital stock, net
  • $415Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.29%Yield on earning assets
  • 0.99%Cost of funding earning assets
  • 4.30%Net interest margin
  • 1.14%Noninterest income to earning assets
  • 4.19%Noninterest expense to earning assets
  • 0.82%Net operating income to assets
  • 0.83%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 5.47%Return on equity (ROE)
  • 4.05%Retained earnings to average equity (YTD only)
  • 0.41%Net charge-offs to loans
  • 83.09%Credit loss provision to net charge-offs
  • 6.12%Efficiency ratio
  • 77,172Assets per employee
  • 3.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 25.92%Loss allowance to loans
  • 1.04%Loss allowance to noncurrent loans
  • 109.24%Noncurrent assets plus other real estate owned to assets
  • 1.61%Noncurrent loans to loans
  • 0.95%Net loans and leases to deposits
  • 47.08%Net loans and leases to core deposits
  • 51.95%Equity capital to assets
  • 15.33%Core capital (leverage) ratio
  • 14.52%Tier 1 risk-based capital ratio
  • 23.51%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $192,903Average earning assets
  • $29,281Average equity
  • $172,246Average 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
  • $710Managed Assets
  • 1Number of Accounts
  • $710Personal trust and agency accounts
  • $710Employee 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
  • 47Number 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
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 4 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09947Bank Of Ripley134 North Jefferson Street, Ripley, TN 38063July 14, 1939Full Service Brick and Mortar
    3234937Bank Of RipleyHwy 51 Location 514 Hwy 51 North, Ripley, TN 38063June 16, 1997Full Service Brick and Mortar
    4234938Highway 51 Branch1775 Highway 51 South, Covington, TN 38019August 16, 1999Full Service Brick and Mortar
    5470071Washington Street Facility311 South Washington Street, Ripley, TN 38063December 19, 2007Limited Service Facility

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