Community National Bank of the Lakeway Area in Morristown, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Community National Bank of the Lakeway Area - Overview

  • General
  • FDIC Certificate #: 57445
    Status: Active
    Federal Reserve ID: 3183584
    Date Established: April 09, 2003
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 363735
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: April 09, 2003
    Last Structure Change Effective Date: April 09, 2006
    Last Structure Change Process Date: May 02, 2006
    Last Data Update: May 02, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 225 West First North Street, Morristown, TN 37814
    County: Hamblen
    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
    Combined Statistical Area (CSA): Knoxville-Sevierville-La Follette, TN (#314)
    Core Based Statistical Area (CBSA): Morristown, TN (#34100)
    CBSA Metro Statistical Area: Morristown, TN (#34100)
  • Financial Summary
  • Total assets: $115.0 mil
    Equity capital: $12.6 mil
    Deposits held in domestic offices: $90.3 mil
    Return on assets (ROA): 0.10% ($0.1 mil)
    Quarterly return on assets: 0.05% ($0.1 mil)
    Return on Equity (ROE): 0.94% ($0.1 mil)
    Quarterly return on equity: 0.44% ($0.1 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.02% ($23.0 mil)
    Quarterly Pretax return on assets: -0.08% (-$92.0 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
  • 31Total employees (full-time equivalent)
  • $114,955Total assets
  • $5,795Cash and due from depository institutions
  • $260Interest-bearing balances
  • $32,463Securities
  • $5,570Federal funds sold & reverse repurchase agreements
  • $61,721Net loans & leases
  • $1,224Loan loss allowance
  • $0Trading account assets
  • $2,866Bank premises and fixed assets
  • $2,524Other real estate owned
  • $0Goodwill and other intangibles
  • $114,955Life insurance assets
  • $4,016All other assets
  • $102,335Total liabilities and capital
  • $90,261Total liabilities
  • $79,092Total deposits
  • $90,261Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 3303.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $8,500Trading liabilities
  • $0Other borrowed funds
  • $271Subordinated debt
  • $12,620All other liabilities
  • $12,620Total equity capital
  • $12,620Total bank equity capital
  • $135Perpetual preferred stock
  • $1,756Common stock
  • $17,042Surplus
  • $-6,313Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $962Income earned, not collected on loans
  • $0Earning assets
  • $410Long-term assets (5+ years)
  • $100,014Average Assets, year-to-date
  • $58,426Average Assets, quarterly
  • $111,390Volatile liabilities
  • $114,509Insider loans
  • $65,124FHLB advances
  • $113,745Loans and leases held for sale
  • $1,046Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,953Tier 2 risk-based capital
  • $1,046Total risk weighted assets
  • $0Total unused commitments
  • $7,335Restructured Loans and leases
  • $894Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,180Total interest income
  • $1,251Total interest expense
  • $3,929Net interest income
  • $182Provision for loan and lease losses
  • $357Total noninterest income
  • $0Fiduciary activities
  • $194Service charges on deposit accounts
  • $0Trading account gains & fees
  • $163Additional noninterest income
  • $4,181Total noninterest expense
  • $1,670Salaries and employee benefits
  • $690Premises and equipment expense
  • $1,821Additional noninterest expense
  • -$77Pre-tax net operating income
  • $101Securities gains (losses)
  • -$89Applicable income taxes
  • $113Income before extraordinary items
  • $0Extraordinary gains - net
  • $113Net income attributable to bank
  • $0Net charge-offs
  • $113Cash dividends
  • $186Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.22%Yield on earning assets
  • 1.26%Cost of funding earning assets
  • 3.96%Net interest margin
  • 0.36%Noninterest income to earning assets
  • 4.22%Noninterest expense to earning assets
  • 0.01%Net operating income to assets
  • 0.10%Return on assets (ROA)
  • 0.02%Pretax return on assets
  • 0.94%Return on equity (ROE)
  • 0.94%Retained earnings to average equity (YTD only)
  • 0.28%Net charge-offs to loans
  • 97.85%Credit loss provision to net charge-offs
  • 0.56%Efficiency ratio
  • 97,550Assets per employee
  • 3.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.94%Loss allowance to noncurrent loans
  • 127.23%Noncurrent assets plus other real estate owned to assets
  • 3.03%Noncurrent loans to loans
  • 1.53%Net loans and leases to deposits
  • 68.38%Net loans and leases to core deposits
  • 73.22%Equity capital to assets
  • 10.98%Core capital (leverage) ratio
  • 9.63%Tier 1 risk-based capital ratio
  • 16.82%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $111,390Average earning assets
  • $12,081Average equity
  • $99,181Average loans

List of branches

  • 3 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0363735Community National Bank Of The Lakew225 West First North Street, Morristown, TN 37814April 09, 2003Full Service Brick and Mortar
    1418782Jefferson City Branch156 East Broadway Boulevard, Jefferson City, TN 37760April 09, 2003Full Service Brick and Mortar
    2472081West Andrew Johnson Branch2640 West Andrew Johnson Highway, Morristown, TN 37814January 28, 2008Full Service Brick and Mortar

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