Citizens Bank in Smithville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 11, 1996

Citizens Bank in Smithville, Tennessee (TN)
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Citizens Bank - Overview

General
FDIC Certificate #: 19510
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First American National Bank (#4956)
Federal Reserve ID: 864837
Date Established: October 22, 1965
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
OTS Docket #: 12010
FDIC's unique #: 13310
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: October 22, 1965
Last Structure Change Effective Date: March 11, 1996
Last Structure Change Process Date: March 22, 1996
Last Data Update: March 22, 1996
Data Source Date: April 05, 2012
Location
Address: West Main Street, Smithville, TN 37166
County: Dekalb
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
Financial Summary
Total assets: $111.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$52Total assets
$111,942Cash and due from depository institutions
$6,109Interest-bearing balances
$507Securities
$42,943Federal funds sold & reverse repurchase agreements
$9,569Net loans & leases
$48,942Loan loss allowance
$688Trading account assets
$0Bank premises and fixed assets
$2,242Other real estate owned
$1,187Goodwill and other intangibles
$950Life insurance assets
$0All other assets
$0Total liabilities and capital
$111,942Total liabilities
$103,748Total deposits
$102,059Interest-bearing deposits
$89,463Deposits held in domestic offices
102059.00%% insured (estimated)
$90Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,689Total equity capital
$1,689Total bank equity capital
$8,194Perpetual preferred stock
$0Common stock
$399Surplus
$2,599Undivided profits
Memoranda
$5,196Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$143Income earned, not collected on loans
$504Earning assets
$101,961Long-term assets (5+ years)
$11,473Average Assets, year-to-date
$109,671Average Assets, quarterly
$111,108Volatile liabilities
$9,957Insider loans
$349FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,364Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$8,267Total risk weighted assets
$51,761Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$7,718Total interest expense
$3,777Net interest income
$3,941Provision for loan and lease losses
$0Total noninterest income
$657Fiduciary activities
$0Service charges on deposit accounts
$511Trading account gains & fees
$0Additional noninterest income
$146Total noninterest expense
$2,816Salaries and employee benefits
$1,340Premises and equipment expense
$355Additional noninterest expense
$1,121Pre-tax net operating income
$1,782Securities gains (losses)
$134Applicable income taxes
$593Income before extraordinary items
$1,323Extraordinary gains - net
$0Net income attributable to bank
$1,323Net charge-offs
$130Cash dividends
$1,047Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.75%Cost of funding earning assets
3.79%Net interest margin
3.96%Noninterest income to earning assets
0.66%Noninterest expense to earning assets
2.83%Net operating income to assets
1.12%Return on assets (ROA)
1.21%Pretax return on assets
1.75%Return on equity (ROE)
16.43%Retained earnings to average equity (YTD only)
3.43%Net charge-offs to loans
0.27%Credit loss provision to net charge-offs
0.00%Efficiency ratio
61,244Assets per employee
2.15%Cash dividends to net income (YTD only)
Condition Ratios (%)
79.14%Loss allowance to loans
1.39%Loss allowance to noncurrent loans
481.12%Noncurrent assets plus other real estate owned to assets
1.19%Noncurrent loans to loans
0.29%Net loans and leases to deposits
47.95%Net loans and leases to core deposits
53.14%Equity capital to assets
7.32%Core capital (leverage) ratio
7.42%Tier 1 risk-based capital ratio
15.97%Total risk-based capital ratio
Memoranda
$17Average assets
$109,671Average earning assets
$8,052Average equity
$99,550Average loans

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