Overview, Financial Summary, Detailed Financial Reports, Branches


  • General
  • FDIC Certificate #: 57111
    Status: Active
    Federal Reserve ID: 2994493
    Bank Holding Company (Regulatory Top Holder): Educational Services Of America, Inc. (RSSDID: 3808131, Location: Knoxville, TN)
    Date Established: Febuary 23, 2001
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 357938
    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: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 23, 2001
    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: 416 East Central Avenue, Jamestown, TN 38556
    County: Fentress
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $164.8 mil
    Equity capital: $16.8 mil
    Deposits held in domestic offices: $146.0 mil
    Return on assets (ROA): 1.05% ($1.7 mil)
    Quarterly return on assets: 0.86% ($1.4 mil)
    Return on Equity (ROE): 9.01% ($1.5 mil)
    Quarterly return on equity: 7.90% ($1.3 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.24% ($2,043.8 mil)
    Quarterly Pretax return on assets: 1.55% ($2,554.7 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, 2011)

  • Dollar figures in thousands
  • 46Total employees (full-time equivalent)
  • $164,821Total assets
  • $5,995Cash and due from depository institutions
  • $1,920Interest-bearing balances
  • $13,795Securities
  • $555Federal funds sold & reverse repurchase agreements
  • $133,790Net loans & leases
  • $1,689Loan loss allowance
  • $0Trading account assets
  • $3,893Bank premises and fixed assets
  • $1,419Other real estate owned
  • $1,019Goodwill and other intangibles
  • $164,821Life insurance assets
  • $4,355All other assets
  • $148,060Total liabilities and capital
  • $146,014Total liabilities
  • $130,258Total deposits
  • $146,014Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $120Trading liabilities
  • $0Other borrowed funds
  • $1,926Subordinated debt
  • $16,761All other liabilities
  • $16,761Total equity capital
  • $16,761Total bank equity capital
  • $0Perpetual preferred stock
  • $4,073Common stock
  • $20,930Surplus
  • $-8,242Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,277Income earned, not collected on loans
  • $261Earning assets
  • $1,523Long-term assets (5+ years)
  • $150,060Average Assets, year-to-date
  • $9,338Average Assets, quarterly
  • $137,707Volatile liabilities
  • $153,859Insider loans
  • $90,380FHLB advances
  • $156,555Loans and leases held for sale
  • $2,322Unused loan commitments
  • $1,106Tier 1 (core) risk-based capital
  • $15,419Tier 2 risk-based capital
  • $1,216Total risk weighted assets
  • $0Total unused commitments
  • $7,904Restructured Loans and leases
  • $1,283Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,102Total interest income
  • $1,327Total interest expense
  • $6,775Net interest income
  • $73Provision for loan and lease losses
  • $622Total noninterest income
  • $0Fiduciary activities
  • $504Service charges on deposit accounts
  • $0Trading account gains & fees
  • $118Additional noninterest income
  • $5,693Total noninterest expense
  • $2,455Salaries and employee benefits
  • $663Premises and equipment expense
  • $2,575Additional noninterest expense
  • $1,631Pre-tax net operating income
  • $81Securities gains (losses)
  • $268Applicable income taxes
  • $1,444Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,444Net income attributable to bank
  • $0Net charge-offs
  • $1,444Cash dividends
  • $450Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.56%Yield on earning assets
  • 1.08%Cost of funding earning assets
  • 5.49%Net interest margin
  • 0.50%Noninterest income to earning assets
  • 4.61%Noninterest expense to earning assets
  • 1.00%Net operating income to assets
  • 1.05%Return on assets (ROA)
  • 1.24%Pretax return on assets
  • 9.01%Return on equity (ROE)
  • 9.01%Retained earnings to average equity (YTD only)
  • 0.43%Net charge-offs to loans
  • 16.22%Credit loss provision to net charge-offs
  • 3.79%Efficiency ratio
  • 73,530Assets per employee
  • 3.58%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 74.18%Noncurrent assets plus other real estate owned to assets
  • 2.24%Noncurrent loans to loans
  • 1.68%Net loans and leases to deposits
  • 91.63%Net loans and leases to core deposits
  • 100.55%Equity capital to assets
  • 10.17%Core capital (leverage) ratio
  • 9.85%Tier 1 risk-based capital ratio
  • 17.06%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $137,707Average earning assets
  • $16,032Average equity
  • $123,435Average loans

List of branches

  • 3 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0357938Community Bank Of The Cumberlands416 East Central Avenue, Jamestown, TN 38556Febuary 23, 2001Full Service Brick and Mortar
    1359315Cookeville Branch744 South Willow Avenue, Cookeville, TN 38501Febuary 23, 2001Full Service Brick and Mortar
    2453836North Cookeville Branch1065 East Tenth Street, Cookeville, TN 38501Febuary 13, 2006Full Service Brick and Mortar

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 COMMUNITY BANK OF THE CUMBERLANDS.
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