FDIC Certificate #: 10696 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Volunteer Bank of Tennessee (#10307) Federal Reserve ID: 675239 Date Established: January 01, 1907 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 6 (Interstate: No) OTS Docket #: 13527 FDIC's unique #: 6863 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: January 01, 1934 Last Structure Change Effective Date: October 20, 2008 Last Structure Change Process Date: October 30, 2008 Last Data Update: October 30, 2008 Data Source Date: April 05, 2012
Location
Address: 219 Ward St, Benton, TN 37307 County: Polk Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Knoxville Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Combined Statistical Area (CSA): Chattanooga-Cleveland-Athens, TN-GA (#174) Core Based Statistical Area (CBSA): Cleveland, TN (#17420) CBSA Metro Statistical Area: Cleveland, TN (#17420)
Financial Summary
Total assets: $101.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
44Total employees (full-time equivalent)
$110,381Total assets
$4,977Cash and due from depository institutions
$0Interest-bearing balances
$8,017Securities
$18,000Federal funds sold & reverse repurchase agreements
$65,740Net loans & leases
$1,218Loan loss allowance
$0Trading account assets
$2,511Bank premises and fixed assets
$385Other real estate owned
$3,522Goodwill and other intangibles
$0Life insurance assets
$7,229All other assets
$110,381Total liabilities and capital
$94,280Total liabilities
$93,533Total deposits
$74,883Interest-bearing deposits
$93,533Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$747All other liabilities
$16,101Total equity capital
$16,101Total bank equity capital
$16,101Perpetual preferred stock
$0Common stock
$250Surplus
$15,851Undivided profits
Memoranda
$0Noncurrent loans and leases
$3,120Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$914Average Assets, year-to-date
$91,757Average Assets, quarterly
$5,067Volatile liabilities
$108,143Insider loans
$109,184FHLB advances
$23,198Loans and leases held for sale
$96Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,120Total unused commitments
$688Restructured Loans and leases
$903Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$0Total interest income
$0Total interest expense
$0Net interest income
$0Provision for loan and lease losses
$0Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$0Total noninterest expense
$0Salaries and employee benefits
$0Premises and equipment expense
$0Additional noninterest expense
$0Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$0Income before extraordinary items
$0Extraordinary gains - net
$0Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
0.00%Cost of funding earning assets
0.00%Net interest margin
0.00%Noninterest income to earning assets
0.00%Noninterest expense to earning assets
0.00%Net operating income to assets
0.00%Return on assets (ROA)
0.00%Pretax return on assets
0.00%Return on equity (ROE)
0.00%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
0Assets per employee
2.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.82%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.35%Noncurrent loans to loans
0.00%Net loans and leases to deposits
70.29%Net loans and leases to core deposits
93.47%Equity capital to assets
14.59%Core capital (leverage) ratio
8.65%Tier 1 risk-based capital ratio
12.41%Total risk-based capital ratio
Memoranda
$14Average assets
$108,143Average earning assets
$11,729Average equity
$96,089Average loans
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