FDIC Certificate #: 29644 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Pinnacle National Bank (#35583) Federal Reserve ID: 461870 Date Established: January 01, 1929 WWW:http://www.cavb.com Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 10 (Interstate: No) OTS Docket #: 3811 FDIC's unique #: 42478 Numeric code: 13 Regulator: FED Insurance Fund Membership: Savings Association Insurance Fund (SAIF) Insured commercial Banks: Yes FDIC Insured: Yes SAIF Insured: Yes State Chartered: Yes Date of Deposit Insurance: May 28, 1936 Last Structure Change Effective Date: March 27, 2006 Last Structure Change Process Date: April 12, 2006 Last Data Update: April 12, 2006 Data Source Date: April 05, 2012
Location
Address: 114 West College Street, Murfreesboro, TN 37130 County: Rutherford 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: $635.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
218Total employees (full-time equivalent)
$634,963Total assets
$46,569Cash and due from depository institutions
$27,323Interest-bearing balances
$40,582Securities
$0Federal funds sold & reverse repurchase agreements
$507,441Net loans & leases
$5,247Loan loss allowance
$0Trading account assets
$16,316Bank premises and fixed assets
$0Other real estate owned
$1,953Goodwill and other intangibles
$0Life insurance assets
$22,102All other assets
$634,963Total liabilities and capital
$581,601Total liabilities
$572,971Total deposits
$461,272Interest-bearing deposits
$572,971Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,780Other borrowed funds
$0Subordinated debt
$5,850All other liabilities
$53,362Total equity capital
$53,362Total bank equity capital
$53,362Perpetual preferred stock
$0Common stock
$10,000Surplus
$15,956Undivided profits
Memoranda
$27,406Noncurrent loans and leases
$142,153Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$911Earning assets
$115Long-term assets (5+ years)
$2,725Average Assets, year-to-date
$575,346Average Assets, quarterly
$32,450Volatile liabilities
$599,754Insider loans
$631,309FHLB advances
$107,012Loans and leases held for sale
$7,055Unused loan commitments
$2,780Tier 1 (core) risk-based capital
$2,374Tier 2 risk-based capital
$1,170Total risk weighted assets
$142,153Total unused commitments
$0Restructured Loans and leases
$5,247Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$34,080Total interest income
$9,243Total interest expense
$24,837Net interest income
$728Provision for loan and lease losses
$12,015Total noninterest income
$1,193Fiduciary activities
$5,463Service charges on deposit accounts
$0Trading account gains & fees
$5,359Additional noninterest income
$24,874Total noninterest expense
$14,801Salaries and employee benefits
$4,317Premises and equipment expense
$5,756Additional noninterest expense
$11,250Pre-tax net operating income
$0Securities gains (losses)
$4,226Applicable income taxes
$7,024Income before extraordinary items
$0Extraordinary gains - net
$7,024Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$344Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.28%Yield on earning assets
1.70%Cost of funding earning assets
4.57%Net interest margin
2.21%Noninterest income to earning assets
4.58%Noninterest expense to earning assets
1.17%Net operating income to assets
1.17%Return on assets (ROA)
1.88%Pretax return on assets
13.97%Return on equity (ROE)
13.97%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
211.63%Credit loss provision to net charge-offs
34.82%Efficiency ratio
67,421Assets per employee
2.91%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.02%Loss allowance to noncurrent loans
575.96%Noncurrent assets plus other real estate owned to assets
0.14%Noncurrent loans to loans
0.18%Net loans and leases to deposits
88.56%Net loans and leases to core deposits
108.67%Equity capital to assets
8.40%Core capital (leverage) ratio
8.28%Tier 1 risk-based capital ratio
9.73%Total risk-based capital ratio
Memoranda
$11Average assets
$599,754Average earning assets
$50,283Average equity
$542,955Average loans
Total Fiduciary and Related Assets (December 31, 2005)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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