Bank of the South in Mount Juliet, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 01, 2008

  • Bank of the South in Mount Juliet, Tennessee (TN)
  • Show street view No street view available for this location

Bank of the South - Overview

  • General
  • FDIC Certificate #: 57152
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Pinnacle National Bank (#35583)
    Federal Reserve ID: 3018538
    Date Established: April 30, 2001
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    FDIC's unique #: 358590
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 30, 2001
    Last Structure Change Effective Date: March 01, 2008
    Last Structure Change Process Date: March 11, 2008
    Last Data Update: March 11, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 551 North Mt. Juliet Road, Mount Juliet, TN 37122
    County: Wilson
    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
    Metropolitan Statistical Area (MSA): Nashville, TN (#5360)
    Combined Statistical Area (CSA): Nashville-Davidson-Murfreesboro-Columbia, TN (#400)
    Core Based Statistical Area (CBSA): Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
    CBSA Metro Statistical Area: Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
  • Financial Summary
  • Total assets: $566.7 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, 2007)

  • Dollar figures in thousands
  • 112Total employees (full-time equivalent)
  • $566,735Total assets
  • $19,739Cash and due from depository institutions
  • $15,160Interest-bearing balances
  • $46,855Securities
  • $49,430Federal funds sold & reverse repurchase agreements
  • $367,717Net loans & leases
  • $3,839Loan loss allowance
  • $0Trading account assets
  • $17,367Bank premises and fixed assets
  • $62Other real estate owned
  • $61,499Goodwill and other intangibles
  • $0Life insurance assets
  • $4,066All other assets
  • $566,735Total liabilities and capital
  • $468,815Total liabilities
  • $460,802Total deposits
  • $445,314Interest-bearing deposits
  • $460,802Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,708Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $5,305All other liabilities
  • $97,920Total equity capital
  • $97,920Total bank equity capital
  • $97,920Perpetual preferred stock
  • $0Common stock
  • $3,245Surplus
  • $95,245Undivided profits
  • Memoranda
  • $-570Noncurrent loans and leases
  • $82,623Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,152Earning assets
  • $328Long-term assets (5+ years)
  • $2,732Average Assets, year-to-date
  • $479,162Average Assets, quarterly
  • $54,381Volatile liabilities
  • $492,595Insider loans
  • $520,655FHLB advances
  • $174,338Loans and leases held for sale
  • $3,418Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,047Total risk weighted assets
  • $82,623Total unused commitments
  • $0Restructured Loans and leases
  • $3,857Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $2,814Total interest income
  • $1,436Total interest expense
  • $1,378Net interest income
  • $193Provision for loan and lease losses
  • $237Total noninterest income
  • $0Fiduciary activities
  • $92Service charges on deposit accounts
  • $0Trading account gains & fees
  • $145Additional noninterest income
  • $950Total noninterest expense
  • $493Salaries and employee benefits
  • $106Premises and equipment expense
  • $351Additional noninterest expense
  • $472Pre-tax net operating income
  • $0Securities gains (losses)
  • $191Applicable income taxes
  • $281Income before extraordinary items
  • $0Extraordinary gains - net
  • $281Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $104Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.66%Yield on earning assets
  • 0.34%Cost of funding earning assets
  • 0.32%Net interest margin
  • 0.06%Noninterest income to earning assets
  • 0.22%Noninterest expense to earning assets
  • 0.06%Net operating income to assets
  • 0.06%Return on assets (ROA)
  • 0.10%Pretax return on assets
  • 0.41%Return on equity (ROE)
  • 0.41%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 185.58%Credit loss provision to net charge-offs
  • 6.39%Efficiency ratio
  • 56,656Assets per employee
  • 5.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.03%Loss allowance to noncurrent loans
  • 178.39%Noncurrent assets plus other real estate owned to assets
  • 0.39%Noncurrent loans to loans
  • 0.58%Net loans and leases to deposits
  • 79.80%Net loans and leases to core deposits
  • 127.16%Equity capital to assets
  • 17.28%Core capital (leverage) ratio
  • 7.64%Tier 1 risk-based capital ratio
  • 9.46%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $492,595Average earning assets
  • $69,074Average equity
  • $427,935Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank of the South.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents