CedarStone Bank in Lebanon, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

CedarStone Bank - Overview

  • General
  • FDIC Certificate #: 57684
    Status: Active
    Federal Reserve ID: 3262788
    Date Established: April 19, 2004
    WWW: http://www.cedarstonebank.com
    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 #: 419627
    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: April 19, 2004
    Last Structure Change Effective Date: March 26, 2007
    Last Structure Change Process Date: March 29, 2007
    Last Data Update: March 29, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 900 West Main Street, Lebanon, TN 37087
    County: Wilson
    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)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $156.3 mil
    Equity capital: $13.7 mil
    Deposits held in domestic offices: $123.4 mil
    Return on assets (ROA): 0.66% ($1.0 mil)
    Quarterly return on assets: 0.74% ($1.2 mil)
    Return on Equity (ROE): 7.50% ($1.1 mil)
    Quarterly return on equity: 8.31% ($1.2 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.66% ($1,031.7 mil)
    Quarterly Pretax return on assets: 0.74% ($1,156.8 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
  • 30Total employees (full-time equivalent)
  • $156,321Total assets
  • $2,360Cash and due from depository institutions
  • $0Interest-bearing balances
  • $39,996Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $105,085Net loans & leases
  • $1,710Loan loss allowance
  • $0Trading account assets
  • $6,465Bank premises and fixed assets
  • $286Other real estate owned
  • $0Goodwill and other intangibles
  • $156,321Life insurance assets
  • $2,129All other assets
  • $142,575Total liabilities and capital
  • $123,403Total liabilities
  • $112,038Total deposits
  • $123,403Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 1178.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $17,600Trading liabilities
  • $0Other borrowed funds
  • $394Subordinated debt
  • $13,746All other liabilities
  • $13,746Total equity capital
  • $13,746Total bank equity capital
  • $3,665Perpetual preferred stock
  • $1,281Common stock
  • $12,638Surplus
  • $-3,838Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,842Income earned, not collected on loans
  • $0Earning assets
  • $652Long-term assets (5+ years)
  • $145,081Average Assets, year-to-date
  • $32,132Average Assets, quarterly
  • $150,671Volatile liabilities
  • $154,880Insider loans
  • $110,674FHLB advances
  • $154,342Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,397Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $12,724Restructured Loans and leases
  • $727Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,478Total interest income
  • $2,139Total interest expense
  • $5,339Net interest income
  • $689Provision for loan and lease losses
  • $323Total noninterest income
  • $0Fiduciary activities
  • $158Service charges on deposit accounts
  • $0Trading account gains & fees
  • $165Additional noninterest income
  • $4,314Total noninterest expense
  • $2,073Salaries and employee benefits
  • $657Premises and equipment expense
  • $1,584Additional noninterest expense
  • $659Pre-tax net operating income
  • $342Securities gains (losses)
  • $0Applicable income taxes
  • $1,001Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,001Net income attributable to bank
  • $0Net charge-offs
  • $1,001Cash dividends
  • $980Sale, conversion, retirement of capital stock, net
  • $195Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.35%Yield on earning assets
  • 1.53%Cost of funding earning assets
  • 3.82%Net interest margin
  • 0.23%Noninterest income to earning assets
  • 3.09%Noninterest expense to earning assets
  • 0.44%Net operating income to assets
  • 0.66%Return on assets (ROA)
  • 0.66%Pretax return on assets
  • 7.50%Return on equity (ROE)
  • 6.04%Retained earnings to average equity (YTD only)
  • 0.91%Net charge-offs to loans
  • 70.31%Credit loss provision to net charge-offs
  • 1.38%Efficiency ratio
  • 76,192Assets per employee
  • 5.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 19.48%Loss allowance to loans
  • 1.60%Loss allowance to noncurrent loans
  • 60.17%Noncurrent assets plus other real estate owned to assets
  • 2.00%Noncurrent loans to loans
  • 2.66%Net loans and leases to deposits
  • 85.16%Net loans and leases to core deposits
  • 100.23%Equity capital to assets
  • 8.79%Core capital (leverage) ratio
  • 8.68%Tier 1 risk-based capital ratio
  • 12.10%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $150,671Average earning assets
  • $13,341Average equity
  • $139,697Average loans

List of branches

  • 3 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0419627Cedarstone Bank900 West Main Street, Lebanon, TN 37087April 19, 2004Full Service Brick and Mortar
    2449792Donelson Branch2900 Lebanon Pike, Nashville, TN 37214March 13, 2006Full Service Brick and Mortar
    3487487Mt. Juliet Branch4140 N. Mt. Juliet Road, Mount Juliet, TN 37122Febuary 09, 2009Full Service Brick and Mortar

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