First Fidelity Savings Bank, F.S.B. in Crossville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 1994

First Fidelity Savings Bank, F.S.B. in Crossville, Tennessee (TN)
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First Fidelity Savings Bank, F.S.B. - Overview

General
FDIC Certificate #: 31903
Status: Inactive
Closing history: Corrections
Acquiring institution: First American National Bank (#4956)
Federal Reserve ID: 665977
Date Established: September 14, 1977
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 7587
FDIC's unique #: 44737
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: September 14, 1977
Last Structure Change Effective Date: April 01, 1994
Last Structure Change Process Date: April 14, 1994
Last Data Update: April 25, 1994
Data Source Date: April 05, 2012
Location
Address: North Main Street & Genesis Road, Crossville, TN 38555
County: Cumberland
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
Core Based Statistical Area (CBSA): Crossville, TN (#18900)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $48.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$27Total assets
$48,521Cash and due from depository institutions
$1,360Interest-bearing balances
$500Securities
$9,993Federal funds sold & reverse repurchase agreements
$500Net loans & leases
$34,788Loan loss allowance
$304Trading account assets
$0Bank premises and fixed assets
$955Other real estate owned
$124Goodwill and other intangibles
$801Life insurance assets
$0All other assets
$0Total liabilities and capital
$48,521Total liabilities
$44,898Total deposits
$44,584Interest-bearing deposits
$43,248Deposits held in domestic offices
44584.00%% insured (estimated)
$90Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$314Total equity capital
$314Total bank equity capital
$3,623Perpetual preferred stock
$0Common stock
$800Surplus
$200Undivided profits
Memoranda
$2,623Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$79Income earned, not collected on loans
$206Earning assets
$45,781Long-term assets (5+ years)
$0Average Assets, year-to-date
$47,653Average Assets, quarterly
$48,459Volatile liabilities
$7,905Insider loans
$460FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,175Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,623Total risk weighted assets
$25,446Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$3,558Total interest expense
$1,567Net interest income
$1,991Provision for loan and lease losses
$55Total noninterest income
$539Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$539Total noninterest expense
$1,513Salaries and employee benefits
$862Premises and equipment expense
$234Additional noninterest expense
$417Pre-tax net operating income
$962Securities gains (losses)
$0Applicable income taxes
$332Income before extraordinary items
$630Extraordinary gains - net
$0Net income attributable to bank
$630Net charge-offs
$37Cash dividends
$250Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.90%Cost of funding earning assets
3.48%Net interest margin
4.42%Noninterest income to earning assets
1.20%Noninterest expense to earning assets
3.36%Net operating income to assets
1.32%Return on assets (ROA)
1.32%Pretax return on assets
2.02%Return on equity (ROE)
18.79%Retained earnings to average equity (YTD only)
11.34%Net charge-offs to loans
0.11%Credit loss provision to net charge-offs
148.65%Efficiency ratio
59,802Assets per employee
1.80%Cash dividends to net income (YTD only)
Condition Ratios (%)
39.68%Loss allowance to loans
0.87%Loss allowance to noncurrent loans
384.81%Noncurrent assets plus other real estate owned to assets
0.42%Noncurrent loans to loans
0.23%Net loans and leases to deposits
78.03%Net loans and leases to core deposits
94.84%Equity capital to assets
7.47%Core capital (leverage) ratio
7.47%Tier 1 risk-based capital ratio
14.24%Total risk-based capital ratio
Memoranda
$15Average assets
$47,653Average earning assets
$3,352Average equity
$45,057Average loans

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