Colonial Bank of Tennessee in Ardmore, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 16, 1997

  • Colonial Bank of Tennessee in Ardmore, Tennessee (TN)
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Colonial Bank of Tennessee - Overview

  • General
  • FDIC Certificate #: 33866
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Colonial Bank (#9609)
    Federal Reserve ID: 2140197
    Date Established: December 31, 1993
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 48174
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 31, 1993
    Last Structure Change Effective Date: June 16, 1997
    Last Structure Change Process Date: June 25, 1997
    Last Data Update: June 25, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 212 Main Street, Ardmore, TN 38449
    County: Giles
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Nashville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • Financial Summary
  • Total assets: $102.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $40Total assets
  • $97,744Cash and due from depository institutions
  • $2,730Interest-bearing balances
  • $0Securities
  • $20,247Federal funds sold & reverse repurchase agreements
  • $7,580Net loans & leases
  • $63,214Loan loss allowance
  • $954Trading account assets
  • $0Bank premises and fixed assets
  • $2,289Other real estate owned
  • $1Goodwill and other intangibles
  • $1,237Life insurance assets
  • $446All other assets
  • $0Total liabilities and capital
  • $97,744Total liabilities
  • $88,197Total deposits
  • $86,137Interest-bearing deposits
  • $81,944Deposits held in domestic offices
  • 86137.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $628Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,432Total equity capital
  • $1,432Total bank equity capital
  • $9,547Perpetual preferred stock
  • $0Common stock
  • $75Surplus
  • $8,576Undivided profits
  • Memoranda
  • $896Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $234Income earned, not collected on loans
  • $507Earning assets
  • $91,041Long-term assets (5+ years)
  • $25,519Average Assets, year-to-date
  • $94,364Average Assets, quarterly
  • $96,726Volatile liabilities
  • $12,209Insider loans
  • $8FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,416Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $9,084Total risk weighted assets
  • $48,281Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $6,822Total interest expense
  • $4,029Net interest income
  • $2,793Provision for loan and lease losses
  • $0Total noninterest income
  • $469Fiduciary activities
  • $0Service charges on deposit accounts
  • $356Trading account gains & fees
  • $0Additional noninterest income
  • $113Total noninterest expense
  • $3,219Salaries and employee benefits
  • $866Premises and equipment expense
  • $380Additional noninterest expense
  • $1,973Pre-tax net operating income
  • $43Securities gains (losses)
  • $0Applicable income taxes
  • $16Income before extraordinary items
  • $27Extraordinary gains - net
  • $0Net income attributable to bank
  • $27Net charge-offs
  • $38Cash dividends
  • $134Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.73%Cost of funding earning assets
  • 4.56%Net interest margin
  • 3.16%Noninterest income to earning assets
  • 0.53%Noninterest expense to earning assets
  • 3.65%Net operating income to assets
  • 0.03%Return on assets (ROA)
  • 0.03%Pretax return on assets
  • 0.05%Return on equity (ROE)
  • 0.28%Retained earnings to average equity (YTD only)
  • -1.11%Net charge-offs to loans
  • 0.06%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 97,548Assets per employee
  • 2.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 496.30%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 407.69%Noncurrent assets plus other real estate owned to assets
  • 0.24%Noncurrent loans to loans
  • 0.36%Net loans and leases to deposits
  • 73.39%Net loans and leases to core deposits
  • 84.79%Equity capital to assets
  • 9.77%Core capital (leverage) ratio
  • 9.40%Tier 1 risk-based capital ratio
  • 18.81%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $94,364Average earning assets
  • $9,619Average equity
  • $88,304Average loans

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