Erin Bank & Trust Company in Erin, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 01, 1995

  • Erin Bank & Trust Company in Erin, Tennessee (TN)
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Erin Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 14035
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Union Planters Bank of North Central Tennessee (#15413)
    Federal Reserve ID: 646239
    Date Established: March 06, 1934
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 11842
    FDIC's unique #: 8774
    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: March 10, 1934
    Last Structure Change Effective Date: May 01, 1995
    Last Structure Change Process Date: May 22, 1995
    Last Data Update: May 22, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: Main And Spring Streets, Erin, TN 37061
    County: Houston
    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
  • Financial Summary
  • Total assets: $36.4 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $13Total assets
  • $37,346Cash and due from depository institutions
  • $1,661Interest-bearing balances
  • $0Securities
  • $17,933Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $14,823Loan loss allowance
  • $372Trading account assets
  • $0Bank premises and fixed assets
  • $479Other real estate owned
  • $5Goodwill and other intangibles
  • $479Life insurance assets
  • $1,966All other assets
  • $0Total liabilities and capital
  • $37,346Total liabilities
  • $33,157Total deposits
  • $32,555Interest-bearing deposits
  • $26,931Deposits held in domestic offices
  • 32555.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $200Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $402Total equity capital
  • $402Total bank equity capital
  • $4,189Perpetual preferred stock
  • $0Common stock
  • $50Surplus
  • $3,884Undivided profits
  • Memoranda
  • $255Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $115Income earned, not collected on loans
  • $105Earning assets
  • $32,756Long-term assets (5+ years)
  • $3,671Average Assets, year-to-date
  • $39,011Average Assets, quarterly
  • $37,577Volatile liabilities
  • $1,815Insider loans
  • $98FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $470Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,329Total risk weighted assets
  • $16,138Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,444Total interest expense
  • $916Net interest income
  • $1,528Provision for loan and lease losses
  • $0Total noninterest income
  • $204Fiduciary activities
  • $0Service charges on deposit accounts
  • $154Trading account gains & fees
  • $0Additional noninterest income
  • $50Total noninterest expense
  • $1,145Salaries and employee benefits
  • $563Premises and equipment expense
  • $82Additional noninterest expense
  • $500Pre-tax net operating income
  • $587Securities gains (losses)
  • $0Applicable income taxes
  • $226Income before extraordinary items
  • $361Extraordinary gains - net
  • $0Net income attributable to bank
  • $361Net charge-offs
  • $83Cash dividends
  • $680Sale, 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
  • 7.14%Cost of funding earning assets
  • 2.68%Net interest margin
  • 4.47%Noninterest income to earning assets
  • 0.60%Noninterest expense to earning assets
  • 3.35%Net operating income to assets
  • 0.93%Return on assets (ROA)
  • 0.93%Pretax return on assets
  • 1.50%Return on equity (ROE)
  • 8.16%Retained earnings to average equity (YTD only)
  • -7.21%Net charge-offs to loans
  • 0.58%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 57,621Assets per employee
  • 2.87%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 188.37%Loss allowance to loans
  • 2.45%Loss allowance to noncurrent loans
  • 323.48%Noncurrent assets plus other real estate owned to assets
  • 0.32%Noncurrent loans to loans
  • 0.76%Net loans and leases to deposits
  • 45.53%Net loans and leases to core deposits
  • 47.91%Equity capital to assets
  • 11.22%Core capital (leverage) ratio
  • 6.45%Tier 1 risk-based capital ratio
  • 14.43%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $39,011Average earning assets
  • $4,426Average equity
  • $34,210Average loans

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