Franklin County United Bank in Decherd, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Franklin County United Bank - Overview

  • General
  • FDIC Certificate #: 57851
    Status: Active
    Federal Reserve ID: 3308471
    Date Established: December 06, 2004
    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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 25Total employees (full-time equivalent)
  • $93,942Total assets
  • $5,461Cash and due from depository institutions
  • $250Interest-bearing balances
  • $11,059Securities
  • $5,665Federal funds sold & reverse repurchase agreements
  • $64,346Net loans & leases
  • $2,187Loan loss allowance
  • $0Trading account assets
  • $3,394Bank premises and fixed assets
  • $2,306Other real estate owned
  • $0Goodwill and other intangibles
  • $93,942Life insurance assets
  • $1,711All other assets
  • $82,700Total liabilities and capital
  • $82,342Total liabilities
  • $75,315Total deposits
  • $82,342Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $358Subordinated debt
  • $11,242All other liabilities
  • $11,242Total equity capital
  • $11,242Total bank equity capital
  • $0Perpetual preferred stock
  • $1,166Common stock
  • $10,538Surplus
  • $-462Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,481Income earned, not collected on loans
  • $0Earning assets
  • $525Long-term assets (5+ years)
  • $81,320Average Assets, year-to-date
  • $16,449Average Assets, quarterly
  • $98,116Volatile liabilities
  • $95,290Insider loans
  • $74,525FHLB advances
  • $95,129Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $11,094Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,829Restructured Loans and leases
  • $1,593Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,312Total interest income
  • $1,202Total interest expense
  • $4,110Net interest income
  • $600Provision for loan and lease losses
  • $335Total noninterest income
  • $0Fiduciary activities
  • $375Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$40Additional noninterest income
  • $3,113Total noninterest expense
  • $1,453Salaries and employee benefits
  • $343Premises and equipment expense
  • $1,317Additional noninterest expense
  • $732Pre-tax net operating income
  • $0Securities gains (losses)
  • $288Applicable income taxes
  • $444Income before extraordinary items
  • $0Extraordinary gains - net
  • $444Net income attributable to bank
  • $0Net charge-offs
  • $444Cash dividends
  • $784Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.26%Yield on earning assets
  • 1.42%Cost of funding earning assets
  • 4.84%Net interest margin
  • 0.39%Noninterest income to earning assets
  • 3.67%Noninterest expense to earning assets
  • 0.45%Net operating income to assets
  • 0.45%Return on assets (ROA)
  • 0.75%Pretax return on assets
  • 4.03%Return on equity (ROE)
  • 4.03%Retained earnings to average equity (YTD only)
  • 1.13%Net charge-offs to loans
  • 76.53%Credit loss provision to net charge-offs
  • 1.70%Efficiency ratio
  • 70,034Assets per employee
  • 3.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.29%Loss allowance to noncurrent loans
  • 147.67%Noncurrent assets plus other real estate owned to assets
  • 4.03%Noncurrent loans to loans
  • 2.23%Net loans and leases to deposits
  • 78.14%Net loans and leases to core deposits
  • 81.43%Equity capital to assets
  • 11.97%Core capital (leverage) ratio
  • 11.66%Tier 1 risk-based capital ratio
  • 14.89%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $98,116Average earning assets
  • $11,006Average equity
  • $84,887Average loans

List of branches

  • 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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