Community Bank of West Tennessee in Selmer, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 03, 1995

Community Bank of West Tennessee in Selmer, Tennessee (TN)
Show street view No street view available for this location

Community Bank of West Tennessee - Overview

General
FDIC Certificate #: 31619
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Tennessee Community Bank (#9955)
Federal Reserve ID: 195371
Date Established: July 18, 1972
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 7262
FDIC's unique #: 44453
Numeric code: 21
Regulator: FDIC
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: July 18, 1972
Last Structure Change Effective Date: April 03, 1995
Last Structure Change Process Date: July 05, 1995
Last Data Update: July 05, 1995
Data Source Date: April 05, 2012
Location
Address: 795 East Poplar Avenue, Selmer, TN 38375
County: Mcnairy
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Memphis
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $37.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$20Total assets
$36,162Cash and due from depository institutions
$1,029Interest-bearing balances
$55Securities
$8,548Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$25,450Loan loss allowance
$107Trading account assets
$0Bank premises and fixed assets
$532Other real estate owned
$73Goodwill and other intangibles
$530Life insurance assets
$0All other assets
$0Total liabilities and capital
$36,162Total liabilities
$33,199Total deposits
$32,894Interest-bearing deposits
$31,361Deposits held in domestic offices
32894.00%% insured (estimated)
$99Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$305Total equity capital
$305Total bank equity capital
$2,963Perpetual preferred stock
$0Common stock
$50Surplus
$505Undivided profits
Memoranda
$2,408Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$30Income earned, not collected on loans
$258Earning assets
$34,053Long-term assets (5+ years)
$2,592Average Assets, year-to-date
$35,932Average Assets, quarterly
$36,404Volatile liabilities
$3,516Insider loans
$94FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$370Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,963Total risk weighted assets
$19,208Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$2,706Total interest expense
$1,373Net interest income
$1,333Provision for loan and lease losses
$0Total noninterest income
$291Fiduciary activities
$0Service charges on deposit accounts
$8Trading account gains & fees
$0Additional noninterest income
$283Total noninterest expense
$1,053Salaries and employee benefits
$542Premises and equipment expense
$174Additional noninterest expense
$337Pre-tax net operating income
$571Securities gains (losses)
-$126Applicable income taxes
$119Income before extraordinary items
$326Extraordinary gains - net
$0Net income attributable to bank
$326Net charge-offs
$6Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.00%Cost of funding earning assets
4.06%Net interest margin
3.94%Noninterest income to earning assets
0.86%Noninterest expense to earning assets
3.11%Net operating income to assets
1.16%Return on assets (ROA)
0.91%Pretax return on assets
1.24%Return on equity (ROE)
11.43%Retained earnings to average equity (YTD only)
11.43%Net charge-offs to loans
0.02%Credit loss provision to net charge-offs
0.00%Efficiency ratio
64,840Assets per employee
1.81%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.42%Loss allowance to noncurrent loans
356.67%Noncurrent assets plus other real estate owned to assets
0.28%Noncurrent loans to loans
0.12%Net loans and leases to deposits
77.37%Net loans and leases to core deposits
86.63%Equity capital to assets
8.19%Core capital (leverage) ratio
8.11%Tier 1 risk-based capital ratio
15.43%Total risk-based capital ratio
Memoranda
$16Average assets
$35,932Average earning assets
$2,852Average equity
$33,836Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Community Bank of West Tennessee.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.