First Tuskegee Bank in Tuskegee, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches


First Tuskegee Bank - Overview

  • General
  • FDIC Certificate #: 33519
    Status: Active
    Federal Reserve ID: 1897168
    Bank Holding Company (Regulatory Top Holder): Birthright, Incorporated (RSSDID: 2099361, Location: Montgomery, AL)
    Date Established: October 11, 1991
    WWW: http://www.firsttuskegeebank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 10615
    FDIC's unique #: 47291
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: October 11, 1991
    Last Structure Change Effective Date: May 22, 2007
    Last Structure Change Process Date: June 21, 2007
    Last Data Update: June 21, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 North Elm Street, Tuskegee, AL 36083
    County: Macon
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Montgomery
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Combined Statistical Area (CSA): Columbus-Auburn-Opelika, GA-AL (#194)
    Core Based Statistical Area (CBSA): Tuskegee, AL (#46260)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Corrections
  • Financial Summary
  • Total assets: $67.2 mil
    Equity capital: $5.7 mil
    Deposits held in domestic offices: $58.5 mil
    Return on assets (ROA): -0.14% (-$0.1 mil)
    Quarterly return on assets: -3.43% (-$2.3 mil)
    Return on Equity (ROE): -1.69% (-$0.1 mil)
    Quarterly return on equity: -38.53% (-$2.3 mil)
    Net income: -$0.1 mil
    Quarterly Net income: -$0.6 mil
    Pretax return on assets: -0.15% (-$100.8 mil)
    Quarterly Pretax return on assets: -3.43% (-$2,305.6 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
  • 30Total employees (full-time equivalent)
  • $67,219Total assets
  • $5,756Cash and due from depository institutions
  • $4,454Interest-bearing balances
  • $15,735Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $36,261Net loans & leases
  • $571Loan loss allowance
  • $0Trading account assets
  • $2,100Bank premises and fixed assets
  • $5,299Other real estate owned
  • $0Goodwill and other intangibles
  • $67,219Life insurance assets
  • $2,068All other assets
  • $61,539Total liabilities and capital
  • $58,483Total liabilities
  • $50,440Total deposits
  • $58,483Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,000Trading liabilities
  • $0Other borrowed funds
  • $56Subordinated debt
  • $5,680All other liabilities
  • $5,680Total equity capital
  • $5,680Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $4,171Surplus
  • $1,509Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,978Income earned, not collected on loans
  • $0Earning assets
  • $180Long-term assets (5+ years)
  • $56,450Average Assets, year-to-date
  • $24,721Average Assets, quarterly
  • $69,287Volatile liabilities
  • $66,973Insider loans
  • $45,025FHLB advances
  • $66,152Loans and leases held for sale
  • $900Unused loan commitments
  • $900Tier 1 (core) risk-based capital
  • $5,426Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $596Restructured Loans and leases
  • $940Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,955Total interest income
  • $434Total interest expense
  • $2,521Net interest income
  • $330Provision for loan and lease losses
  • $1,101Total noninterest income
  • $0Fiduciary activities
  • $270Service charges on deposit accounts
  • $0Trading account gains & fees
  • $831Additional noninterest income
  • $3,395Total noninterest expense
  • $1,553Salaries and employee benefits
  • $415Premises and equipment expense
  • $1,427Additional noninterest expense
  • -$103Pre-tax net operating income
  • $0Securities gains (losses)
  • -$8Applicable income taxes
  • -$95Income before extraordinary items
  • $0Extraordinary gains - net
  • -$95Net income attributable to bank
  • $0Net charge-offs
  • -$95Cash dividends
  • $440Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.10%Yield on earning assets
  • 0.75%Cost of funding earning assets
  • 4.35%Net interest margin
  • 1.90%Noninterest income to earning assets
  • 5.85%Noninterest expense to earning assets
  • -0.14%Net operating income to assets
  • -0.14%Return on assets (ROA)
  • -0.15%Pretax return on assets
  • -1.69%Return on equity (ROE)
  • -1.69%Retained earnings to average equity (YTD only)
  • 1.18%Net charge-offs to loans
  • 75.00%Credit loss provision to net charge-offs
  • 0.52%Efficiency ratio
  • 93,733Assets per employee
  • 2.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.55%Loss allowance to noncurrent loans
  • 14.35%Noncurrent assets plus other real estate owned to assets
  • 13.80%Noncurrent loans to loans
  • 10.80%Net loans and leases to deposits
  • 62.00%Net loans and leases to core deposits
  • 66.78%Equity capital to assets
  • 8.45%Core capital (leverage) ratio
  • 8.20%Tier 1 risk-based capital ratio
  • 12.05%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $69,287Average earning assets
  • $5,630Average equity
  • $57,989Average loans

List of branches

  • 3 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    047291First Tuskegee Bank301 North Elm Street, Tuskegee, AL 36083October 11, 1991Full Service Brick and Mortar
    3289700Adams Avenue Branch660 Adams Avenue, Montgomery, AL 36104January 09, 1996Full Service Brick and Mortar
    4466269Eastdale Circle Branch3900 Eastdale Circle, Montgomery, AL 36117April 30, 2007Full Service Brick and Mortar

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