CommunityFIRST Bank in city_name, state_name - Detailed Financial Reports, Location

CommunityFIRST Bank in Hartsville, Tennessee (TN)
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CommunityFIRST Bank - Overview

General
FDIC Certificate #: 896
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First American National Bank (#4956)
Federal Reserve ID: 500434
Date Established: April 01, 1884
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
OTS Docket #: 10036
FDIC's unique #: 574
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: January 01, 1934
Last Structure Change Effective Date: January 02, 1997
Last Structure Change Process Date: January 10, 1997
Last Data Update: January 10, 1997
Data Source Date: April 05, 2012
Location
Address: 328 Broadway, Hartsville, TN 37074
County: Trousdale
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
Combined Statistical Area (CSA): Nashville-Davidson-Murfreesboro-Columbia, TN (#400)
Core Based Statistical Area (CBSA): Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
CBSA Metro Statistical Area: Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
Financial Summary
Total assets: $89.7 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)
$48Total assets
$89,699Cash and due from depository institutions
$4,012Interest-bearing balances
$0Securities
$23,662Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$57,427Loan loss allowance
$711Trading account assets
$0Bank premises and fixed assets
$2,331Other real estate owned
$0Goodwill and other intangibles
$1,458Life insurance assets
$809All other assets
$0Total liabilities and capital
$89,699Total liabilities
$82,611Total deposits
$81,356Interest-bearing deposits
$70,887Deposits held in domestic offices
81356.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$541Subordinated debt
$0All other liabilities
$714Total equity capital
$714Total bank equity capital
$7,088Perpetual preferred stock
$0Common stock
$342Surplus
$1,628Undivided profits
Memoranda
$5,118Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$33Income earned, not collected on loans
$497Earning assets
$81,089Long-term assets (5+ years)
$8,955Average Assets, year-to-date
$91,491Average Assets, quarterly
$90,587Volatile liabilities
$3,821Insider loans
$1,544FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$4,891Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,402Total risk weighted assets
$53,920Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$7,503Total interest expense
$3,546Net interest income
$3,957Provision for loan and lease losses
$387Total noninterest income
$803Fiduciary activities
$0Service charges on deposit accounts
$574Trading account gains & fees
$0Additional noninterest income
$229Total noninterest expense
$3,479Salaries and employee benefits
$1,825Premises and equipment expense
$620Additional noninterest expense
$1,034Pre-tax net operating income
$894Securities gains (losses)
$19Applicable income taxes
$309Income before extraordinary items
$604Extraordinary gains - net
$0Net income attributable to bank
$604Net charge-offs
$265Cash dividends
$557Sale, 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
9.04%Cost of funding earning assets
4.27%Net interest margin
4.77%Noninterest income to earning assets
0.97%Noninterest expense to earning assets
4.19%Net operating income to assets
0.65%Return on assets (ROA)
0.66%Pretax return on assets
1.00%Return on equity (ROE)
8.41%Retained earnings to average equity (YTD only)
0.65%Net charge-offs to loans
0.48%Credit loss provision to net charge-offs
146.04%Efficiency ratio
71,555Assets per employee
1.87%Cash dividends to net income (YTD only)
Condition Ratios (%)
92.22%Loss allowance to loans
1.22%Loss allowance to noncurrent loans
2154.55%Noncurrent assets plus other real estate owned to assets
0.04%Noncurrent loans to loans
0.06%Net loans and leases to deposits
70.59%Net loans and leases to core deposits
74.07%Equity capital to assets
7.90%Core capital (leverage) ratio
7.07%Tier 1 risk-based capital ratio
11.87%Total risk-based capital ratio
Memoranda
$13Average assets
$91,491Average earning assets
$7,183Average equity
$82,998Average loans

CommunityFIRST Bank in Hartsville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

CommunityFIRST Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

CommunityFIRST Bank in Hartsville, Tennessee (TN)Overview, Financial Summary, Detailed Financial Reports, Branches

CommunityFIRST Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

CommunityFIRST Bank in Hartsville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches