Carroll Bank and Trust in Huntingdon, Tennessee (TN)



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Carroll Bank and Trust routing number info

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Carroll Bank and Trust
GeneralFDIC Certificate #: 2380
Status: Active
Federal Reserve ID: 541857
Bank Holding Company (Regulatory Top Holder): Carroll Financial Services, Inc. (RSSDID: 1848825, Location: Huntingdon, TN)
Date Established: September 09, 1907
WWW: http://www.carrollbank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Domestic: 7, Interstate: No)
OTS Docket #: 10331
FDIC's unique #: 1567
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: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 01, 2008
Last Structure Change Process Date: December 04, 2008
Last Data Update: December 04, 2008
Data Source Date: April 05, 2012
LocationAddress: 19510 West Main Street, Huntingdon, TN 38344
County: Carroll
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
History of ChangesParticipated in Absorption/Consolidation/Merger
Financial SummaryTotal assets: $265.0 mil
Equity capital: $27.4 mil
Deposits held in domestic offices: $235.7 mil
Return on assets (ROA): 0.74% ($2.0 mil)
Quarterly return on assets: 0.71% ($1.9 mil)
Return on Equity (ROE): 7.55% ($2.0 mil)
Quarterly return on equity: 6.74% ($1.8 mil)
Net income: $1.9 mil
Quarterly Net income: $0.5 mil
Pretax return on assets: 1.12% ($2,968.5 mil)
Quarterly Pretax return on assets: 1.06% ($2,809.5 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)
Total employees (full-time equivalent)82
Total assets$265,049
Cash and due from depository institutions$13,244
Interest-bearing balances$1,831
Securities$59,964
Federal funds sold & reverse repurchase agreements$11,661
Net loans & leases$158,563
Loan loss allowance $1,201
Trading account assets$0
Bank premises and fixed assets$11,164
Other real estate owned$1,655
Goodwill and other intangibles$1,237
All other assets$7,561
Life insurance assets$265,049
Total liabilities and capital$237,620
Total liabilities$235,666
Total deposits$205,923
Interest-bearing deposits$235,666
Deposits held in domestic offices$88
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$798
Other borrowed funds $0
Subordinated debt $1,156
All other liabilities $27,429
Total equity capital$27,429
Total bank equity capital$27,429
Perpetual preferred stock$0
Common stock$2,400
Surplus$10,021
Undivided profits $15,008
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $1,767
Earning assets $0
Long-term assets (5+ years) $1,762
Average Assets, year-to-date $232,019
Average Assets, quarterly $96,020
Volatile liabilities $252,928
Insider loans $258,959
FHLB advances $167,417
Loans and leases held for sale $259,681
Unused loan commitments $3,504
Tier 1 (core) risk-based capital $2,312
Tier 2 risk-based capital $25,159
Total risk weighted assets $0
Total unused commitments $1,192
Restructured Loans and leases $11,344
Derivatives$58
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $12,300
Total interest expense $2,253
Net interest income $10,047
Provision for loan and lease losses $738
Total noninterest income $1,729
Fiduciary activities $34
Service charges on deposit accounts $849
Trading account gains & fees $0
Additional noninterest income $846
Total noninterest expense $8,311
Salaries and employee benefits $4,857
Premises and equipment expense $1,605
Additional noninterest expense $1,849
Pre-tax net operating income $2,727
Securities gains (losses) $106
Applicable income taxes $965
Income before extraordinary items $1,868
Extraordinary gains - net $0
Net income attributable to bank $1,868
Net charge-offs $0
Cash dividends $1,868
Sale, conversion, retirement of capital stock, net $786
Net operating income $591
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.58%
Cost of funding earning assets 1.02%
Net interest margin 4.56%
Noninterest income to earning assets 0.78%
Noninterest expense to earning assets 3.77%
Net operating income to assets 0.71%
Return on assets (ROA) 0.74%
Pretax return on assets 1.12%
Return on equity (ROE) 7.55%
Retained earnings to average equity (YTD only) 5.16%
Net charge-offs to loans 0.50%
Credit loss provision to net charge-offs 93.89%
Efficiency ratio4.41%
Assets per employee$69,922
Cash dividends to net income (YTD only)3.23%
Condition Ratios (%)
Loss allowance to loans 31.64%
Loss allowance to noncurrent loans 0.75%
Noncurrent assets plus other real estate owned to assets 67.97%
Noncurrent loans to loans 1.29%
Net loans and leases to deposits1.11%
Net loans and leases to core deposits 67.28%
Equity capital to assets 73.99%
Core capital (leverage) ratio 10.35%
Tier 1 risk-based capital ratio 9.69%
Total risk-based capital ratio 15.03%
Memoranda
Average assets$16
Average earning assets$252,928
Average equity $24,742
Average loans $220,399
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$19,901
Number of Accounts1
Personal trust and agency accounts$11,680
Employee benefit-defined contribution accounts$11,501
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$179
Number of Accounts214
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$8,221
Corporate trust and agency accounts$815
Other fiduciary accounts$3,148
Fiduciary accounts held in foreign offices$4,258
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7 Tennessee Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
01567Carroll Bank And Trust19510 West Main Street, Huntingdon, TN 38344September 09, 1907Full Service Brick and Mortar
2192580Mckenzie Branch14950 S Highland, Mckenzie, TN 38201November 04, 1974Full Service Brick and Mortar
3192581Huntingdon Branch20515 East Main, Huntingdon, TN 38344July 16, 1990Limited Service Facility
5457570Mclemoresville Branch5626 Main Street, Mc Lemoresville, TN 38235May 08, 2006Full Service Brick and Mortar
7470517Camden Branch102 Highway 641 North, Camden, TN 38320January 07, 2008Full Service Brick and Mortar
8474305Milan Branch4105 South First Street, Milan, TN 38358May 05, 2008Full Service Brick and Mortar
91568Carroll Bank And Trust Branch133 East Main Street, Bradford, TN 38316January 01, 1903Full Service Brick and Mortar
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