FSGBANK, National Association in Maynardville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 24, 2003

  • FSGBANK, National Association in Maynardville, Tennessee (TN)
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FSGBANK, National Association - Overview

  • General
  • FDIC Certificate #: 21437
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: FSGBANK, National Association (#35525)
    Federal Reserve ID: 36830
    Date Established: Febuary 07, 1974
    WWW: http://www.maynardville.comfirststate/
    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)
    FDIC's unique #: 14823
    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: Febuary 07, 1974
    Last Structure Change Effective Date: September 24, 2003
    Last Structure Change Process Date: October 22, 2003
    Last Data Update: October 22, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 2905 Maynardville Highway, Maynardville, TN 37807
    County: Union
    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
    Metropolitan Statistical Area (MSA): Knoxville, TN (#3840)
    Combined Statistical Area (CSA): Knoxville-Sevierville-La Follette, TN (#314)
    Core Based Statistical Area (CBSA): Knoxville, TN (#28940)
    CBSA Metro Statistical Area: Knoxville, TN (#28940)
  • Financial Summary
  • Total assets: $75.4 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, 2002)

  • Dollar figures in thousands
  • 33Total employees (full-time equivalent)
  • $57,842Total assets
  • $3,142Cash and due from depository institutions
  • $1,648Interest-bearing balances
  • $7,755Securities
  • $14,364Federal funds sold & reverse repurchase agreements
  • $26,516Net loans & leases
  • $362Loan loss allowance
  • $0Trading account assets
  • $2,492Bank premises and fixed assets
  • $0Other real estate owned
  • $2,339Goodwill and other intangibles
  • $0Life insurance assets
  • $1,234All other assets
  • $57,842Total liabilities and capital
  • $44,764Total liabilities
  • $44,358Total deposits
  • $37,802Interest-bearing deposits
  • $44,358Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $168Other borrowed funds
  • $0Subordinated debt
  • $238All other liabilities
  • $13,078Total equity capital
  • $13,078Total bank equity capital
  • $13,078Perpetual preferred stock
  • $0Common stock
  • $423Surplus
  • $13,047Undivided profits
  • Memoranda
  • $-392Noncurrent loans and leases
  • $3,354Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $34Earning assets
  • $0Long-term assets (5+ years)
  • $297Average Assets, year-to-date
  • $50,283Average Assets, quarterly
  • $510Volatile liabilities
  • $49,575Insider loans
  • $54,473FHLB advances
  • $3,948Loans and leases held for sale
  • $955Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,354Total unused commitments
  • $0Restructured Loans and leases
  • $359Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $1,210Total interest income
  • $373Total interest expense
  • $837Net interest income
  • $0Provision for loan and lease losses
  • $99Total noninterest income
  • $0Fiduciary activities
  • $61Service charges on deposit accounts
  • $0Trading account gains & fees
  • $38Additional noninterest income
  • $1,568Total noninterest expense
  • $641Salaries and employee benefits
  • $97Premises and equipment expense
  • $830Additional noninterest expense
  • -$632Pre-tax net operating income
  • $11Securities gains (losses)
  • -$224Applicable income taxes
  • -$397Income before extraordinary items
  • $0Extraordinary gains - net
  • -$397Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $15Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.77%Yield on earning assets
  • 0.85%Cost of funding earning assets
  • 1.92%Net interest margin
  • 0.23%Noninterest income to earning assets
  • 3.59%Noninterest expense to earning assets
  • -0.82%Net operating income to assets
  • -0.80%Return on assets (ROA)
  • -1.25%Pretax return on assets
  • -5.13%Return on equity (ROE)
  • -5.13%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • -42.13%Efficiency ratio
  • 156,624Assets per employee
  • 1.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.35%Loss allowance to noncurrent loans
  • 1064.71%Noncurrent assets plus other real estate owned to assets
  • 0.06%Noncurrent loans to loans
  • 0.13%Net loans and leases to deposits
  • 59.78%Net loans and leases to core deposits
  • 65.62%Equity capital to assets
  • 22.61%Core capital (leverage) ratio
  • 19.90%Tier 1 risk-based capital ratio
  • 37.00%Total risk-based capital ratio
  • Memoranda
  • $38Average assets
  • $49,575Average earning assets
  • $7,735Average equity
  • $43,671Average loans

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