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

First Tuskegee Bank in Tuskegee, Alabama (AL)
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First Tuskegee Bank routing number info

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

No	ID	Name	Address	Established	Service Type
0	47291	First Tuskegee Bank	301 North Elm Street, Tuskegee, AL 36083	October 11, 1991	Full Service Brick and Mortar
3	289700	Adams Avenue Branch	660 Adams Avenue, Montgomery, AL 36104	January 09, 1996	Full Service Brick and Mortar
4	466269	Eastdale Circle Branch	3900 Eastdale Circle, Montgomery, AL 36117	April 30, 2007	Full Service Brick and Mortar

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

First Tuskegee Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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

First Tuskegee Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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