Carter County Bank of Elizabethton, Tennessee in Elizabethton, Tennessee (TN), NC
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Carter County Bank of Elizabethton, Tennessee in Elizabethton, Tennessee (TN), NC
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Carter County Bank of Elizabethton, Tennessee - Overview

  • General
  • FDIC Certificate #: 15685
    Status: Active
    Federal Reserve ID: 644132
    Bank Holding Company (Regulatory Top Holder): Carter County Bancorp (RSSDID: 1082870, Location: Elizabethton, TN)
    Date Established: September 25, 1939
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: Yes)
    OTS Docket #: 11238
    FDIC's unique #: 9955
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: September 25, 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: 601 Elk Avenue, Elizabethton, TN 37643
    County: Carter
    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
    Metropolitan Statistical Area (MSA): Johnson City-Kingsport-Bristol, TN-VA (#3660)
    Combined Statistical Area (CSA): Johnson City-Kingsport-Bristol (Tri-Cities), TN-VA (#304)
    Core Based Statistical Area (CBSA): Johnson City, TN (#27740)
    CBSA Metro Statistical Area: Johnson City, TN (#27740)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $270.3 mil
    Equity capital: $26.0 mil
    Deposits held in domestic offices: $208.3 mil
    Return on assets (ROA): 0.69% ($1.9 mil)
    Quarterly return on assets: 0.56% ($1.5 mil)
    Return on Equity (ROE): 7.48% ($1.9 mil)
    Quarterly return on equity: 5.82% ($1.5 mil)
    Net income: $1.9 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.73% ($1,973.5 mil)
    Quarterly Pretax return on assets: 0.59% ($1,595.0 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
  • 63Total employees (full-time equivalent)
  • $270,344Total assets
  • $11,621Cash and due from depository institutions
  • $2,051Interest-bearing balances
  • $58,587Securities
  • $6,758Federal funds sold & reverse repurchase agreements
  • $175,483Net loans & leases
  • $3,193Loan loss allowance
  • $0Trading account assets
  • $3,486Bank premises and fixed assets
  • $4,653Other real estate owned
  • $0Goodwill and other intangibles
  • $270,344Life insurance assets
  • $9,756All other assets
  • $244,315Total liabilities and capital
  • $208,271Total liabilities
  • $174,373Total deposits
  • $208,271Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 6093.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $28,000Trading liabilities
  • $0Other borrowed funds
  • $1,951Subordinated debt
  • $26,029All other liabilities
  • $26,029Total equity capital
  • $26,029Total bank equity capital
  • $0Perpetual preferred stock
  • $596Common stock
  • $1,264Surplus
  • $24,169Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,622Income earned, not collected on loans
  • $0Earning assets
  • $927Long-term assets (5+ years)
  • $242,879Average Assets, year-to-date
  • $118,919Average Assets, quarterly
  • $272,281Volatile liabilities
  • $270,392Insider loans
  • $177,900FHLB advances
  • $269,402Loans and leases held for sale
  • $6,412Unused loan commitments
  • $6,412Tier 1 (core) risk-based capital
  • $25,044Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $23,784Restructured Loans and leases
  • $5,038Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,071Total interest income
  • $2,659Total interest expense
  • $9,412Net interest income
  • $1,575Provision for loan and lease losses
  • $2,079Total noninterest income
  • $0Fiduciary activities
  • $1,393Service charges on deposit accounts
  • $0Trading account gains & fees
  • $686Additional noninterest income
  • $8,835Total noninterest expense
  • $3,698Salaries and employee benefits
  • $799Premises and equipment expense
  • $4,338Additional noninterest expense
  • $1,081Pre-tax net operating income
  • $907Securities gains (losses)
  • $100Applicable income taxes
  • $1,888Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,888Net income attributable to bank
  • $0Net charge-offs
  • $1,888Cash dividends
  • $1,783Sale, conversion, retirement of capital stock, net
  • $1,053Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.87%Yield on earning assets
  • 1.07%Cost of funding earning assets
  • 3.80%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 3.56%Noninterest expense to earning assets
  • 0.38%Net operating income to assets
  • 0.69%Return on assets (ROA)
  • 0.73%Pretax return on assets
  • 7.48%Return on equity (ROE)
  • 3.31%Retained earnings to average equity (YTD only)
  • 0.95%Net charge-offs to loans
  • 88.33%Credit loss provision to net charge-offs
  • 1.49%Efficiency ratio
  • 76,886Assets per employee
  • 4.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 55.77%Loss allowance to loans
  • 1.79%Loss allowance to noncurrent loans
  • 88.16%Noncurrent assets plus other real estate owned to assets
  • 3.06%Noncurrent loans to loans
  • 2.03%Net loans and leases to deposits
  • 84.26%Net loans and leases to core deposits
  • 87.98%Equity capital to assets
  • 9.63%Core capital (leverage) ratio
  • 9.30%Tier 1 risk-based capital ratio
  • 14.08%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $272,281Average earning assets
  • $25,234Average equity
  • $247,901Average loans

List of branches

  • 1 North Carolina Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    7428159Banner Elk BranchHighway 105, Banner Elk, NC 28604May 21, 2004Full Service Brick and Mortar
  • 5 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09955Carter County Bank Of Elizabethton, Tennessee601 Elk Avenue, Elizabethton, TN 37643September 25, 1939Full Service Brick and Mortar
    2234958Roan Mountain BranchMain Street And Highway 19-E, Roan Mountain, TN 37687March 18, 1950Full Service Brick and Mortar
    3234959Pinecrest BranchMilligan Road, Johnson City, TN 37601November 17, 1969Full Service Brick and Mortar
    4234960Plaza Branch200 Bemberg Road, Elizabethton, TN 37643November 01, 1973Full Service Brick and Mortar
    515430Valley Branch800 East Broad Street, Elizabethton, TN 37643January 19, 1976Full Service Brick and Mortar

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