Cohutta Banking Company in Chattanooga, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 2010

  • Cohutta Banking Company in Chattanooga, Tennessee (TN)
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Cohutta Banking Company - Overview

  • General
  • FDIC Certificate #: 57913
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Synovus Bank (#873)
    Federal Reserve ID: 168731
    Date Established: March 21, 2005
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 11 (Interstate: No)
    FDIC's unique #: 430466
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: March 21, 2005
    Last Structure Change Effective Date: June 01, 2010
    Last Structure Change Process Date: June 14, 2010
    Last Data Update: June 14, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 800 Market Street, Suite 100, Chattanooga, TN 37402
    County: Hamilton
    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): Chattanooga, TN-GA (#1560)
    Combined Statistical Area (CSA): Chattanooga-Cleveland-Athens, TN-GA (#174)
    Core Based Statistical Area (CBSA): Chattanooga, TN-GA (#16860)
    CBSA Metro Statistical Area: Chattanooga, TN-GA (#16860)
  • Financial Summary
  • Total assets: $376.9 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, 2009)

  • Dollar figures in thousands
  • 86Total employees (full-time equivalent)
  • $368,565Total assets
  • $10,638Cash and due from depository institutions
  • $4,891Interest-bearing balances
  • $46,894Securities
  • $35,684Federal funds sold & reverse repurchase agreements
  • $253,534Net loans & leases
  • $6,196Loan loss allowance
  • $0Trading account assets
  • $15,069Bank premises and fixed assets
  • $569Other real estate owned
  • $27Goodwill and other intangibles
  • $0Life insurance assets
  • $6,150All other assets
  • $368,565Total liabilities and capital
  • $332,988Total liabilities
  • $315,339Total deposits
  • $267,243Interest-bearing deposits
  • $315,339Deposits held in domestic offices
  • 84.29%% insured (estimated)
  • $816Federal funds purchased & repurchase agreements
  • $5Trading liabilities
  • $15,000Other borrowed funds
  • $0Subordinated debt
  • $1,828All other liabilities
  • $35,577Total equity capital
  • $35,577Total bank equity capital
  • $35,577Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $38,803Undivided profits
  • Memoranda
  • $-3,326Noncurrent loans and leases
  • $42,603Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,775Earning assets
  • $0Long-term assets (5+ years)
  • $1,281Average Assets, year-to-date
  • $341,003Average Assets, quarterly
  • $71,879Volatile liabilities
  • $373,112Insider loans
  • $375,333FHLB advances
  • $93,601Loans and leases held for sale
  • $2,066Unused loan commitments
  • $15,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $157Total risk weighted assets
  • $42,603Total unused commitments
  • $0Restructured Loans and leases
  • $3,657Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $17,815Total interest income
  • $5,695Total interest expense
  • $12,120Net interest income
  • $7,646Provision for loan and lease losses
  • $1,578Total noninterest income
  • $0Fiduciary activities
  • $1,948Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$370Additional noninterest income
  • $12,495Total noninterest expense
  • $5,954Salaries and employee benefits
  • $1,858Premises and equipment expense
  • $4,683Additional noninterest expense
  • -$6,443Pre-tax net operating income
  • $224Securities gains (losses)
  • -$2,391Applicable income taxes
  • -$3,828Income before extraordinary items
  • $0Extraordinary gains - net
  • -$3,828Net income attributable to bank
  • $0Net charge-offs
  • -$3,828Cash dividends
  • $5,869Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.17%Yield on earning assets
  • 1.65%Cost of funding earning assets
  • 3.52%Net interest margin
  • 0.46%Noninterest income to earning assets
  • 3.63%Noninterest expense to earning assets
  • -1.06%Net operating income to assets
  • -1.03%Return on assets (ROA)
  • -1.67%Pretax return on assets
  • -11.53%Return on equity (ROE)
  • -11.53%Retained earnings to average equity (YTD only)
  • 2.11%Net charge-offs to loans
  • 130.28%Credit loss provision to net charge-offs
  • 0.20%Efficiency ratio
  • 91,218Assets per employee
  • 4.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.39%Loss allowance to noncurrent loans
  • 223.28%Noncurrent assets plus other real estate owned to assets
  • 0.91%Noncurrent loans to loans
  • 1.07%Net loans and leases to deposits
  • 80.40%Net loans and leases to core deposits
  • 113.92%Equity capital to assets
  • 9.65%Core capital (leverage) ratio
  • 9.29%Tier 1 risk-based capital ratio
  • 11.96%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $373,112Average earning assets
  • $33,205Average equity
  • $344,583Average loans

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