Enterprise National Bank in Memphis, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 11, 2005

  • Enterprise National Bank in Memphis, Tennessee (TN)
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Enterprise National Bank - Overview

  • General
  • FDIC Certificate #: 32872
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Cadence Bank, N.A. (#4999)
    Federal Reserve ID: 1438217
    Date Established: March 14, 1990
    WWW: http://www.enterprisenational.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    OTS Docket #: 11315
    FDIC's unique #: 45784
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: March 14, 1990
    Last Structure Change Effective Date: November 11, 2005
    Last Structure Change Process Date: November 22, 2005
    Last Data Update: November 22, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 6075 Poplar Avenue, Suite 120, Memphis, TN 38119
    County: Shelby
    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
    Metropolitan Statistical Area (MSA): Memphis, TN-AR-MS (#4920)
    Core Based Statistical Area (CBSA): Memphis, TN-MS-AR (#32820)
    CBSA Metro Statistical Area: Memphis, TN-MS-AR (#32820)
  • Financial Summary
  • Total assets: $312.3 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, 2004)

  • Dollar figures in thousands
  • 56Total employees (full-time equivalent)
  • $348,858Total assets
  • $5,582Cash and due from depository institutions
  • $717Interest-bearing balances
  • $73,017Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $211,763Net loans & leases
  • $5,134Loan loss allowance
  • $0Trading account assets
  • $3,204Bank premises and fixed assets
  • $1,244Other real estate owned
  • $37,806Goodwill and other intangibles
  • $0Life insurance assets
  • $16,242All other assets
  • $348,858Total liabilities and capital
  • $287,110Total liabilities
  • $249,811Total deposits
  • $236,036Interest-bearing deposits
  • $249,811Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $8,215Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $27,633Other borrowed funds
  • $0Subordinated debt
  • $1,451All other liabilities
  • $61,748Total equity capital
  • $61,748Total bank equity capital
  • $61,748Perpetual preferred stock
  • $0Common stock
  • $995Surplus
  • $60,279Undivided profits
  • Memoranda
  • $474Noncurrent loans and leases
  • $63,119Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,734Earning assets
  • $0Long-term assets (5+ years)
  • $1,431Average Assets, year-to-date
  • $285,497Average Assets, quarterly
  • $74,774Volatile liabilities
  • $323,641Insider loans
  • $346,989FHLB advances
  • $82,284Loans and leases held for sale
  • $6,180Unused loan commitments
  • $27,633Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $63,119Total unused commitments
  • $0Restructured Loans and leases
  • $3,219Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $11,559Total interest income
  • $3,600Total interest expense
  • $7,959Net interest income
  • $747Provision for loan and lease losses
  • $1,171Total noninterest income
  • $0Fiduciary activities
  • $598Service charges on deposit accounts
  • $0Trading account gains & fees
  • $573Additional noninterest income
  • $6,883Total noninterest expense
  • $3,208Salaries and employee benefits
  • $1,057Premises and equipment expense
  • $2,618Additional noninterest expense
  • $1,500Pre-tax net operating income
  • -$162Securities gains (losses)
  • $416Applicable income taxes
  • $922Income before extraordinary items
  • $0Extraordinary gains - net
  • $922Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $160Sale, conversion, retirement of capital stock, net
  • $300Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.16%Yield on earning assets
  • 1.30%Cost of funding earning assets
  • 2.87%Net interest margin
  • 0.42%Noninterest income to earning assets
  • 2.48%Noninterest expense to earning assets
  • 0.32%Net operating income to assets
  • 0.28%Return on assets (ROA)
  • 0.41%Pretax return on assets
  • 1.96%Return on equity (ROE)
  • 1.32%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 466.88%Credit loss provision to net charge-offs
  • 14.04%Efficiency ratio
  • 62,749Assets per employee
  • 6.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 32.54%Loss allowance to loans
  • 2.37%Loss allowance to noncurrent loans
  • 296.08%Noncurrent assets plus other real estate owned to assets
  • 0.85%Noncurrent loans to loans
  • 0.80%Net loans and leases to deposits
  • 84.77%Net loans and leases to core deposits
  • 120.50%Equity capital to assets
  • 17.70%Core capital (leverage) ratio
  • 7.88%Tier 1 risk-based capital ratio
  • 9.42%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $323,641Average earning assets
  • $47,020Average equity
  • $277,741Average loans

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