First State Bank in city_name, state_name - Detailed Financial Reports, Location

First State Bank in Union City, Tennessee (TN)
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First State Bank routing number info

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First State Bank - Overview

General
FDIC Certificate #: 1479
Status: Active
Federal Reserve ID: 126254
Bank Holding Company (Regulatory Top Holder): Community First Bancshares, Inc. (RSSDID: 1140659, Location: Union City, TN)
Date Established: January 10, 1887
WWW: http://www.first-state.net
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 32 (Domestic: 30, Interstate: No)
OTS Docket #: 9404
FDIC's unique #: 975
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 115 West Washington Avenue, Union City, TN 38261
County: Obion
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
Combined Statistical Area (CSA): Union City-Martin, TN-KY (#542)
Core Based Statistical Area (CBSA): Union City, TN-KY (#46460)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $1,646.2 mil
Equity capital: $168.7 mil
Deposits held in domestic offices: $1,393.0 mil
Return on assets (ROA): 0.81% ($13.3 mil)
Quarterly return on assets: 1.03% ($17.0 mil)
Return on Equity (ROE): 8.33% ($14.1 mil)
Quarterly return on equity: 10.02% ($16.9 mil)
Net income: $12.8 mil
Quarterly Net income: $4.2 mil
Pretax return on assets: 1.18% ($19,425.5 mil)
Quarterly Pretax return on assets: 1.50% ($24,693.4 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, 2011)

Dollar figures in thousands
428Total employees (full-time equivalent)
$1,646,228Total assets
$29,491Cash and due from depository institutions
$16,915Interest-bearing balances
$535,293Securities
$59,033Federal funds sold & reverse repurchase agreements
$923,205Net loans & leases
$18,954Loan loss allowance
$0Trading account assets
$41,883Bank premises and fixed assets
$12,848Other real estate owned
$2,670Goodwill and other intangibles
$1,646,228Life insurance assets
$41,805All other assets
$1,477,469Total liabilities and capital
$1,393,013Total liabilities
$1,271,045Total deposits
$1,393,013Interest-bearing deposits
$74Deposits held in domestic offices
9788.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$66,055Trading liabilities
$0Other borrowed funds
$8,613Subordinated debt
$168,759All other liabilities
$168,659Total equity capital
$168,659Total bank equity capital
$125Perpetual preferred stock
$231Common stock
$94,162Surplus
$74,141Undivided profits
Memoranda
$100Noncurrent loans and leases
$15,144Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$5,490Income earned, not collected on loans
$0Earning assets
$6,276Long-term assets (5+ years)
$1,534,446Average Assets, year-to-date
$646,316Average Assets, quarterly
$1,567,092Volatile liabilities
$1,624,322Insider loans
$1,006,990FHLB advances
$1,610,478Loans and leases held for sale
$20,150Unused loan commitments
$6,274Tier 1 (core) risk-based capital
$157,786Tier 2 risk-based capital
$0Total risk weighted assets
$13,876Total unused commitments
$128,104Restructured Loans and leases
$54,721Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$75,613Total interest income
$20,315Total interest expense
$55,298Net interest income
$7,073Provision for loan and lease losses
$14,359Total noninterest income
$29Fiduciary activities
$5,432Service charges on deposit accounts
$0Trading account gains & fees
$8,898Additional noninterest income
$44,298Total noninterest expense
$26,214Salaries and employee benefits
$7,650Premises and equipment expense
$10,434Additional noninterest expense
$18,286Pre-tax net operating income
$230Securities gains (losses)
$5,751Applicable income taxes
$12,765Income before extraordinary items
$0Extraordinary gains - net
$12,765Net income attributable to bank
$0Net charge-offs
$12,765Cash dividends
$6,145Sale, conversion, retirement of capital stock, net
$16Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.21%Yield on earning assets
1.40%Cost of funding earning assets
3.81%Net interest margin
0.99%Noninterest income to earning assets
3.05%Noninterest expense to earning assets
0.80%Net operating income to assets
0.81%Return on assets (ROA)
1.18%Pretax return on assets
8.33%Return on equity (ROE)
8.32%Retained earnings to average equity (YTD only)
0.63%Net charge-offs to loans
115.10%Credit loss provision to net charge-offs
4.13%Efficiency ratio
63,059Assets per employee
3.85%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.13%Loss allowance to loans
2.01%Loss allowance to noncurrent loans
345.25%Noncurrent assets plus other real estate owned to assets
1.11%Noncurrent loans to loans
0.58%Net loans and leases to deposits
66.27%Net loans and leases to core deposits
80.49%Equity capital to assets
10.25%Core capital (leverage) ratio
9.80%Tier 1 risk-based capital ratio
15.67%Total risk-based capital ratio
Memoranda
$17Average assets
$1,567,092Average earning assets
$153,235Average equity
$1,451,943Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$7,740Managed Assets
1Number of Accounts
$5,002Personal trust and agency accounts
$5,002Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
116Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$2,738Other retirement accounts
$914Corporate trust and agency accounts
$0Other fiduciary accounts
$1,824Fiduciary accounts held in foreign offices

List of branches

32 Tennessee Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	975	First State Bank	115 West Washington Avenue, Union City, TN 38261	January 10, 1887	Full Service Brick and Mortar
3	362441	Weakley County Branch	8798 Hwy 22 Dresden, Dresden, TN 38225	October 01, 2001	Full Service Brick and Mortar
4	192564	Greenfield Branch	302 North Front Streeet, Greenfield, TN 38230	January 02, 1991	Full Service Brick and Mortar
5	192565	First State Bank	347 West Church Street, Lexington, TN 38351	December 28, 1997	Full Service Brick and Mortar
6	192566	First State Bank	135 Carriage House Drive, Jackson, TN 38301	September 08, 1998	Full Service Brick and Mortar
8	366259	Sharon Branch	142 East Main Street, Sharon, TN 38255	January 27, 2003	Full Service Brick and Mortar
10	192619	University Plaza Drive Branch	126 University Plaza Drive, Martin, TN 38237	August 01, 1988	Full Service Brick and Mortar
11	192620	Dyersburg Branch	2310 Parr Avenue, Dyersburg, TN 38024	July 16, 1998	Full Service Brick and Mortar
12	366231	Martin Branch	106 University Street, Martin, TN 38237	January 27, 2003	Full Service Brick and Mortar
14	208741	Rives Branch	Main Street, Rives, TN 38253	March 02, 1987	Full Service Brick and Mortar
15	5525	Union City Branch	100 East Reelfoot Avenue, Union City, TN 38261	January 01, 1909	Full Service Brick and Mortar
16	218822	South Broadway Branch	605 South Broadway Street, South Fulton, TN 38257	April 03, 1972	Full Service Brick and Mortar
17	357990	Troy Branch	105 Westbrook Street, Troy, TN 38260	August 21, 2000	Full Service Brick and Mortar
18	358657	Goodlettsville Branch	300 Northcreek Blvd, Goodlettsville, TN 37072	October 02, 2000	Full Service Brick and Mortar
19	359422	White House Branch	117 Raymond Hirsch Pkwy, White House, TN 37188	January 08, 2001	Full Service Brick and Mortar
20	366233	Kenton Branch	107 North Poplar Street, Kenton, TN 38233	January 27, 2003	Full Service Brick and Mortar
21	418906	Dresden Branch	101 S Church Street, Dresden, TN 38225	March 24, 2003	Full Service Brick and Mortar
23	419380	Nashville Branch	1720 West End Avenue, Nashville, TN 37203	July 09, 2003	Full Service Brick and Mortar
26	439447	First State Bank	11300 Highway 51 South, Atoka, TN 38004	March 21, 2005	Full Service Brick and Mortar
27	440220	Hendersonville Branch	291 East Main Street, Hendersonville, TN 37075	December 13, 2004	Full Service Brick and Mortar
28	440221	Gallatin Branch	1135 Nashville Pike, Gallatin, TN 37066	Febuary 22, 2005	Full Service Brick and Mortar
30	447920	First State Bank	2628 North Central Avenue, Humboldt, TN 38343	Febuary 13, 2006	Full Service Brick and Mortar
31	448827	First State Mortgage - Henderson Lpo	102 South Cason, Henderson, TN 38340	Febuary 21, 2006	Limited Service Loan Production
35	450320	Hendersonville Ii Branch	1040 Glenbrook Way, Hendersonville, TN 37075	March 21, 2006	Full Service Brick and Mortar
38	454898	First State Bank	25 South Grand Avenue, Brownsville, TN 38012	September 08, 2006	Full Service Brick and Mortar
39	455614	First State Bank	480 Oil Well Road, Jackson, TN 38305	September 18, 2006	Full Service Brick and Mortar
40	462048	First State Bank	3607 South Houston Levee Road, Collierville, TN 38017	April 02, 2007	Full Service Brick and Mortar
45	478931	First State Bank Branch	8351 E. Walker Springs Lane, Knoxville, TN 37923	March 19, 2008	Full Service Brick and Mortar
46	481117	First State Mortgage	7114 Highway 70 South, Suite 105, Nashville, TN 37221	September 29, 2008	Limited Service Loan Production
48	489899	Dyersburg Branch	213 Church Street, Dyersburg, TN 38024	December 19, 2008	Full Service Brick and Mortar
49	527651	First State Bank Loan Production Off	1203 Murfreesboro Road, #549, Franklin, TN 37064	January 01, 2012	Limited Service Loan Production
50	529956	First State Bank	1203 Murfreesboro Road, Franklin, TN 37064	March 19, 2012	Full Service Brick and Mortar

First State Bank in Union City, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First State Bank in Union City, Tennessee (TN)Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First State Bank in Union City, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches