Franklin County United Bank in Decherd, Tennessee (TN)



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Franklin County United Bank routing number info

Table of contents:
Franklin County United Bank
GeneralFDIC Certificate #: 57851
Status: Active
Federal Reserve ID: 3308471
Date Established: December 06, 2004
WWW: http://www.fcub.net
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 428130
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: December 06, 2004
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
LocationAddress: 2030 Decherd Boulevard, Decherd, TN 37324
County: Franklin
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): Tullahoma, TN (#46100)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $93.9 mil
Equity capital: $11.2 mil
Deposits held in domestic offices: $82.3 mil
Return on assets (ROA): 0.45% ($0.4 mil)
Quarterly return on assets: 0.38% ($0.4 mil)
Return on Equity (ROE): 4.03% ($0.4 mil)
Quarterly return on equity: 3.21% ($0.4 mil)
Net income: $0.4 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.75% ($704.6 mil)
Quarterly Pretax return on assets: 0.63% ($591.8 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)
Total employees (full-time equivalent)25
Total assets$93,942
Cash and due from depository institutions$5,461
Interest-bearing balances$250
Securities$11,059
Federal funds sold & reverse repurchase agreements$5,665
Net loans & leases$64,346
Loan loss allowance $2,187
Trading account assets$0
Bank premises and fixed assets$3,394
Other real estate owned$2,306
Goodwill and other intangibles$0
All other assets$1,711
Life insurance assets$93,942
Total liabilities and capital$82,700
Total liabilities$82,342
Total deposits$75,315
Interest-bearing deposits$82,342
Deposits held in domestic offices$96
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $358
All other liabilities $11,242
Total equity capital$11,242
Total bank equity capital$11,242
Perpetual preferred stock$0
Common stock$1,166
Surplus$10,538
Undivided profits $-462
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $1,481
Earning assets $0
Long-term assets (5+ years) $525
Average Assets, year-to-date $81,320
Average Assets, quarterly $16,449
Volatile liabilities $98,116
Insider loans $95,290
FHLB advances $74,525
Loans and leases held for sale $95,129
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $11,094
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $6,829
Derivatives$1,593
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,312
Total interest expense $1,202
Net interest income $4,110
Provision for loan and lease losses $600
Total noninterest income $335
Fiduciary activities $0
Service charges on deposit accounts $375
Trading account gains & fees $0
Additional noninterest income -$40
Total noninterest expense $3,113
Salaries and employee benefits $1,453
Premises and equipment expense $343
Additional noninterest expense $1,317
Pre-tax net operating income $732
Securities gains (losses) $0
Applicable income taxes $288
Income before extraordinary items $444
Extraordinary gains - net $0
Net income attributable to bank $444
Net charge-offs $0
Cash dividends $444
Sale, conversion, retirement of capital stock, net $784
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets6.26%
Cost of funding earning assets 1.42%
Net interest margin 4.84%
Noninterest income to earning assets 0.39%
Noninterest expense to earning assets 3.67%
Net operating income to assets 0.45%
Return on assets (ROA) 0.45%
Pretax return on assets 0.75%
Return on equity (ROE) 4.03%
Retained earnings to average equity (YTD only) 4.03%
Net charge-offs to loans 1.13%
Credit loss provision to net charge-offs 76.53%
Efficiency ratio1.70%
Assets per employee$70,034
Cash dividends to net income (YTD only)3.76%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 3.29%
Noncurrent assets plus other real estate owned to assets 147.67%
Noncurrent loans to loans 4.03%
Net loans and leases to deposits2.23%
Net loans and leases to core deposits 78.14%
Equity capital to assets 81.43%
Core capital (leverage) ratio 11.97%
Tier 1 risk-based capital ratio 11.66%
Total risk-based capital ratio 14.89%
Memoranda
Average assets$16
Average earning assets$98,116
Average equity $11,006
Average loans $84,887
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2 Tennessee Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0428130Franklin County United Bank2030 Decherd Boulevard, Decherd, TN 37324December 06, 2004Full Service Brick and Mortar
1462799Cowan Branch105 Front Street South, Cowan, TN 37318May 01, 2007Full Service Brick and Mortar
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