First Union National Bank of Tennessee in Nashville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 23, 1993

  • First Union National Bank of Tennessee in Nashville, Tennessee (TN)
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First Union National Bank of Tennessee - Overview

  • General
  • FDIC Certificate #: 25115
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Union National Bank of Tennessee (#19879)
    Federal Reserve ID: 114130
    Date Established: May 01, 1984
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 17377
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: May 01, 1984
    Last Structure Change Effective Date: June 23, 1993
    Last Structure Change Process Date: June 30, 1993
    Last Data Update: June 30, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 150 Fourth Avenue North, Nashville, TN 37219
    County: Davidson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Nashville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Nashville, TN (#5360)
    Combined Statistical Area (CSA): Nashville-Davidson-Murfreesboro-Columbia, TN (#400)
    Core Based Statistical Area (CBSA): Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
    CBSA Metro Statistical Area: Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
  • Financial Summary
  • Total assets: $74.4 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $29Total assets
  • $76,938Cash and due from depository institutions
  • $1,584Interest-bearing balances
  • $0Securities
  • $2,669Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $67,059Loan loss allowance
  • $1,700Trading account assets
  • $0Bank premises and fixed assets
  • $932Other real estate owned
  • $1,059Goodwill and other intangibles
  • $3,635Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $76,938Total liabilities
  • $58,357Total deposits
  • $30,134Interest-bearing deposits
  • $25,154Deposits held in domestic offices
  • 30134.00%% insured (estimated)
  • $50Federal funds purchased & repurchase agreements
  • $27,812Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $411Total equity capital
  • $411Total bank equity capital
  • $18,581Perpetual preferred stock
  • $0Common stock
  • $2,500Surplus
  • $22,720Undivided profits
  • Memoranda
  • $-6,639Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $941Income earned, not collected on loans
  • $377Earning assets
  • $69,728Long-term assets (5+ years)
  • $5,979Average Assets, year-to-date
  • $67,641Average Assets, quarterly
  • $77,017Volatile liabilities
  • $36,515Insider loans
  • $12FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $16,834Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $18,581Total risk weighted assets
  • $79,457Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,786Total interest expense
  • $1,802Net interest income
  • $2,984Provision for loan and lease losses
  • $450Total noninterest income
  • $462Fiduciary activities
  • $0Service charges on deposit accounts
  • $46Trading account gains & fees
  • $0Additional noninterest income
  • $416Total noninterest expense
  • $3,095Salaries and employee benefits
  • $1,499Premises and equipment expense
  • $545Additional noninterest expense
  • $1,051Pre-tax net operating income
  • -$99Securities gains (losses)
  • $0Applicable income taxes
  • -$73Income before extraordinary items
  • -$26Extraordinary gains - net
  • $0Net income attributable to bank
  • -$26Net charge-offs
  • $486Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.88%Cost of funding earning assets
  • 2.97%Net interest margin
  • 4.91%Noninterest income to earning assets
  • 0.76%Noninterest expense to earning assets
  • 5.09%Net operating income to assets
  • -0.04%Return on assets (ROA)
  • -0.04%Pretax return on assets
  • -0.15%Return on equity (ROE)
  • -0.21%Retained earnings to average equity (YTD only)
  • -0.21%Net charge-offs to loans
  • 0.83%Credit loss provision to net charge-offs
  • 92.59%Efficiency ratio
  • 89,814Assets per employee
  • 2.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.47%Loss allowance to noncurrent loans
  • 180.66%Noncurrent assets plus other real estate owned to assets
  • 2.60%Noncurrent loans to loans
  • 1.37%Net loans and leases to deposits
  • 222.54%Net loans and leases to core deposits
  • 312.91%Equity capital to assets
  • 24.15%Core capital (leverage) ratio
  • 25.10%Tier 1 risk-based capital ratio
  • 23.38%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $67,641Average earning assets
  • $12,481Average equity
  • $60,762Average loans

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