First Exchange Bank in Tiptonville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 15, 1995

  • First Exchange Bank in Tiptonville, Tennessee (TN)
  • Show street view No street view available for this location

First Exchange Bank - Overview

  • General
  • FDIC Certificate #: 8664
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Union Planters Bank of West Tennessee (#10309)
    Federal Reserve ID: 592952
    Date Established: January 01, 1923
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Interstate: No)
    OTS Docket #: 10281
    FDIC's unique #: 5523
    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: November 15, 1995
    Last Structure Change Process Date: December 14, 1995
    Last Data Update: December 14, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 221 Church, Tiptonville, TN 38079
    County: Lake
    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
  • Financial Summary
  • Total assets: $109.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $54Total assets
  • $109,748Cash and due from depository institutions
  • $5,138Interest-bearing balances
  • $58Securities
  • $30,531Federal funds sold & reverse repurchase agreements
  • $1,275Net loans & leases
  • $68,825Loan loss allowance
  • $918Trading account assets
  • $0Bank premises and fixed assets
  • $2,438Other real estate owned
  • $96Goodwill and other intangibles
  • $1,445Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $109,748Total liabilities
  • $102,071Total deposits
  • $99,523Interest-bearing deposits
  • $85,653Deposits held in domestic offices
  • 99523.00%% insured (estimated)
  • $85Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,923Subordinated debt
  • $0All other liabilities
  • $625Total equity capital
  • $625Total bank equity capital
  • $7,677Perpetual preferred stock
  • $0Common stock
  • $225Surplus
  • $2,212Undivided profits
  • Memoranda
  • $5,240Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $115Income earned, not collected on loans
  • $765Earning assets
  • $100,689Long-term assets (5+ years)
  • $6,715Average Assets, year-to-date
  • $106,644Average Assets, quarterly
  • $107,888Volatile liabilities
  • $9,594Insider loans
  • $919FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $4,150Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,718Total risk weighted assets
  • $65,387Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,420Total interest expense
  • $3,200Net interest income
  • $4,220Provision for loan and lease losses
  • $90Total noninterest income
  • $1,023Fiduciary activities
  • $0Service charges on deposit accounts
  • $567Trading account gains & fees
  • $0Additional noninterest income
  • $456Total noninterest expense
  • $3,782Salaries and employee benefits
  • $1,789Premises and equipment expense
  • $754Additional noninterest expense
  • $1,239Pre-tax net operating income
  • $1,371Securities gains (losses)
  • $28Applicable income taxes
  • $538Income before extraordinary items
  • $861Extraordinary gains - net
  • $0Net income attributable to bank
  • $861Net charge-offs
  • $72Cash dividends
  • $370Sale, 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
  • 7.63%Cost of funding earning assets
  • 3.29%Net interest margin
  • 4.34%Noninterest income to earning assets
  • 1.05%Noninterest expense to earning assets
  • 3.89%Net operating income to assets
  • 0.79%Return on assets (ROA)
  • 0.81%Pretax return on assets
  • 1.31%Return on equity (ROE)
  • 11.45%Retained earnings to average equity (YTD only)
  • 6.53%Net charge-offs to loans
  • 0.10%Credit loss provision to net charge-offs
  • 125.00%Efficiency ratio
  • 72,134Assets per employee
  • 2.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 42.97%Loss allowance to loans
  • 1.32%Loss allowance to noncurrent loans
  • 798.26%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.16%Net loans and leases to deposits
  • 69.15%Net loans and leases to core deposits
  • 76.53%Equity capital to assets
  • 7.00%Core capital (leverage) ratio
  • 7.10%Tier 1 risk-based capital ratio
  • 11.80%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $106,644Average earning assets
  • $7,519Average equity
  • $97,247Average loans

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