Cumberland Bank in Franklin, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 18, 2007

  • Cumberland Bank in Franklin, Tennessee (TN)
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Cumberland Bank - Overview

  • General
  • FDIC Certificate #: 31916
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: GreenBank (#895)
    Federal Reserve ID: 732570
    Date Established: January 01, 1972
    WWW: http://www.cumberlandbank.com
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 12 (Interstate: No)
    OTS Docket #: 7600
    FDIC's unique #: 44750
    Numeric code: 13
    Regulator: FED
    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: January 23, 1978
    Last Structure Change Effective Date: May 18, 2007
    Last Structure Change Process Date: June 28, 2007
    Last Data Update: June 28, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 231 South Royal Oaks Boulevard, Franklin, TN 37067
    County: Williamson
    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
    Metropolitan Statistical Area (MSA): Nashville, TN (#5360)
    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: $892.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)

  • Dollar figures in thousands
  • 207Total employees (full-time equivalent)
  • $894,212Total assets
  • $21,157Cash and due from depository institutions
  • $772Interest-bearing balances
  • $209,856Securities
  • $17,451Federal funds sold & reverse repurchase agreements
  • $611,962Net loans & leases
  • $6,298Loan loss allowance
  • $0Trading account assets
  • $14,633Bank premises and fixed assets
  • $352Other real estate owned
  • $508Goodwill and other intangibles
  • $6,252Life insurance assets
  • $18,293All other assets
  • $894,213Total liabilities and capital
  • $829,011Total liabilities
  • $735,084Total deposits
  • $661,012Interest-bearing deposits
  • $735,084Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $58,406Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $30,500Other borrowed funds
  • $0Subordinated debt
  • $5,021All other liabilities
  • $65,202Total equity capital
  • $65,202Total bank equity capital
  • $65,202Perpetual preferred stock
  • $0Common stock
  • $5Surplus
  • $32,381Undivided profits
  • Memoranda
  • $32,816Noncurrent loans and leases
  • $167,069Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,923Earning assets
  • $0Long-term assets (5+ years)
  • $4,723Average Assets, year-to-date
  • $840,041Average Assets, quarterly
  • $228,829Volatile liabilities
  • $817,169Insider loans
  • $878,017FHLB advances
  • $327,012Loans and leases held for sale
  • $1,507Unused loan commitments
  • $30,500Tier 1 (core) risk-based capital
  • $1,404Tier 2 risk-based capital
  • $4,246Total risk weighted assets
  • $167,069Total unused commitments
  • $0Restructured Loans and leases
  • $6,298Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $53,424Total interest income
  • $28,082Total interest expense
  • $25,342Net interest income
  • $2,375Provision for loan and lease losses
  • $5,808Total noninterest income
  • $0Fiduciary activities
  • $2,773Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,035Additional noninterest income
  • $21,590Total noninterest expense
  • $10,992Salaries and employee benefits
  • $2,814Premises and equipment expense
  • $7,784Additional noninterest expense
  • $7,185Pre-tax net operating income
  • $63Securities gains (losses)
  • $2,312Applicable income taxes
  • $4,936Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,936Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $842Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.02%Yield on earning assets
  • 3.69%Cost of funding earning assets
  • 3.33%Net interest margin
  • 0.76%Noninterest income to earning assets
  • 2.84%Noninterest expense to earning assets
  • 0.60%Net operating income to assets
  • 0.60%Return on assets (ROA)
  • 0.89%Pretax return on assets
  • 8.23%Return on equity (ROE)
  • 8.23%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 282.07%Credit loss provision to net charge-offs
  • 11.35%Efficiency ratio
  • 68,844Assets per employee
  • 4.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 327.51%Noncurrent assets plus other real estate owned to assets
  • 0.25%Noncurrent loans to loans
  • 0.31%Net loans and leases to deposits
  • 83.25%Net loans and leases to core deposits
  • 130.07%Equity capital to assets
  • 7.29%Core capital (leverage) ratio
  • 7.62%Tier 1 risk-based capital ratio
  • 9.24%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $817,169Average earning assets
  • $59,941Average equity
  • $761,180Average loans

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