First Volunteer Bank of Middle Tennessee in Lawrenceburg, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 09, 2001

  • First Volunteer Bank of Middle Tennessee in Lawrenceburg, Tennessee (TN)
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First Volunteer Bank of Middle Tennessee - Overview

  • General
  • FDIC Certificate #: 25230
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Volunteer Bank of Tennessee (#10307)
    Federal Reserve ID: 157539
    Date Established: June 15, 1984
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 17442
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 15, 1984
    Last Structure Change Effective Date: March 09, 2001
    Last Structure Change Process Date: May 09, 2001
    Last Data Update: May 09, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 West Gaines Street, Lawrenceburg, TN 38464
    County: Lawrence
    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
    Core Based Statistical Area (CBSA): Lawrenceburg, TN (#29980)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $55.8 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 26Total employees (full-time equivalent)
  • $55,781Total assets
  • $1,770Cash and due from depository institutions
  • $0Interest-bearing balances
  • $8,012Securities
  • $2,050Federal funds sold & reverse repurchase agreements
  • $39,133Net loans & leases
  • $447Loan loss allowance
  • $0Trading account assets
  • $4,102Bank premises and fixed assets
  • $180Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $534All other assets
  • $55,781Total liabilities and capital
  • $51,038Total liabilities
  • $49,400Total deposits
  • $42,396Interest-bearing deposits
  • $49,400Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,122Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $516All other liabilities
  • $4,743Total equity capital
  • $4,743Total bank equity capital
  • $4,743Perpetual preferred stock
  • $0Common stock
  • $250Surplus
  • $1,950Undivided profits
  • Memoranda
  • $2,543Noncurrent loans and leases
  • $1,633Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $63Earning assets
  • $0Long-term assets (5+ years)
  • $389Average Assets, year-to-date
  • $49,195Average Assets, quarterly
  • $1,651Volatile liabilities
  • $55,416Insider loans
  • $55,106FHLB advances
  • $8,378Loans and leases held for sale
  • $707Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,633Total unused commitments
  • $0Restructured Loans and leases
  • $447Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $4,779Total interest income
  • $2,017Total interest expense
  • $2,762Net interest income
  • $170Provision for loan and lease losses
  • $952Total noninterest income
  • $0Fiduciary activities
  • $641Service charges on deposit accounts
  • $0Trading account gains & fees
  • $311Additional noninterest income
  • $2,066Total noninterest expense
  • $1,069Salaries and employee benefits
  • $480Premises and equipment expense
  • $517Additional noninterest expense
  • $1,478Pre-tax net operating income
  • -$13Securities gains (losses)
  • $556Applicable income taxes
  • $909Income before extraordinary items
  • $0Extraordinary gains - net
  • $909Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $192Sale, conversion, retirement of capital stock, net
  • $854Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.80%Yield on earning assets
  • 4.14%Cost of funding earning assets
  • 5.66%Net interest margin
  • 1.95%Noninterest income to earning assets
  • 4.24%Noninterest expense to earning assets
  • 1.66%Net operating income to assets
  • 1.64%Return on assets (ROA)
  • 2.64%Pretax return on assets
  • 19.63%Return on equity (ROE)
  • 1.19%Retained earnings to average equity (YTD only)
  • 0.50%Net charge-offs to loans
  • 88.54%Credit loss provision to net charge-offs
  • 8.58%Efficiency ratio
  • 55,627Assets per employee
  • 2.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 93.95%Loss allowance to loans
  • 1.13%Loss allowance to noncurrent loans
  • 709.52%Noncurrent assets plus other real estate owned to assets
  • 0.44%Noncurrent loans to loans
  • 0.16%Net loans and leases to deposits
  • 79.22%Net loans and leases to core deposits
  • 92.86%Equity capital to assets
  • 8.50%Core capital (leverage) ratio
  • 8.47%Tier 1 risk-based capital ratio
  • 11.11%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $55,416Average earning assets
  • $4,631Average equity
  • $48,772Average loans

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