Greenfield Banking Company in Greenfield, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Greenfield Banking Company - Overview

  • General
  • FDIC Certificate #: 15255
    Status: Active
    Federal Reserve ID: 83955
    Bank Holding Company (Regulatory Top Holder): Greenfield Bancshares, Inc. (RSSDID: 1247026, Location: Greenfield, TN)
    Date Established: August 16, 1935
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 13468
    FDIC's unique #: 9603
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: August 17, 1935
    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: 202 Front Street, Greenfield, TN 38230
    County: Weakley
    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
    Combined Statistical Area (CSA): Union City-Martin, TN-KY (#542)
    Core Based Statistical Area (CBSA): Martin, TN (#32280)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $53.0 mil
    Equity capital: $6.0 mil
    Deposits held in domestic offices: $42.9 mil
    Return on assets (ROA): 0.61% ($0.3 mil)
    Quarterly return on assets: 0.59% ($0.3 mil)
    Return on Equity (ROE): 5.18% ($0.3 mil)
    Quarterly return on equity: 5.05% ($0.3 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.91% ($482.4 mil)
    Quarterly Pretax return on assets: 1.02% ($540.7 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
  • 17Total employees (full-time equivalent)
  • $53,008Total assets
  • $8,163Cash and due from depository institutions
  • $0Interest-bearing balances
  • $6,359Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $36,610Net loans & leases
  • $267Loan loss allowance
  • $0Trading account assets
  • $658Bank premises and fixed assets
  • $114Other real estate owned
  • $0Goodwill and other intangibles
  • $53,008Life insurance assets
  • $1,104All other assets
  • $46,999Total liabilities and capital
  • $42,930Total liabilities
  • $36,238Total deposits
  • $42,930Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,593Trading liabilities
  • $0Other borrowed funds
  • $476Subordinated debt
  • $6,009All other liabilities
  • $6,009Total equity capital
  • $6,009Total bank equity capital
  • $0Perpetual preferred stock
  • $160Common stock
  • $160Surplus
  • $5,689Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $544Income earned, not collected on loans
  • $0Earning assets
  • $471Long-term assets (5+ years)
  • $42,969Average Assets, year-to-date
  • $9,869Average Assets, quarterly
  • $51,499Volatile liabilities
  • $52,515Insider loans
  • $45,108FHLB advances
  • $53,020Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,993Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,763Restructured Loans and leases
  • $842Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,500Total interest income
  • $642Total interest expense
  • $1,858Net interest income
  • $29Provision for loan and lease losses
  • $187Total noninterest income
  • $0Fiduciary activities
  • $167Service charges on deposit accounts
  • $0Trading account gains & fees
  • $20Additional noninterest income
  • $1,548Total noninterest expense
  • $718Salaries and employee benefits
  • $230Premises and equipment expense
  • $600Additional noninterest expense
  • $468Pre-tax net operating income
  • $1Securities gains (losses)
  • $156Applicable income taxes
  • $313Income before extraordinary items
  • $0Extraordinary gains - net
  • $313Net income attributable to bank
  • $0Net charge-offs
  • $313Cash dividends
  • $166Sale, conversion, retirement of capital stock, net
  • $264Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.71%Yield on earning assets
  • 1.47%Cost of funding earning assets
  • 4.24%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 3.54%Noninterest expense to earning assets
  • 0.61%Net operating income to assets
  • 0.61%Return on assets (ROA)
  • 0.91%Pretax return on assets
  • 5.18%Return on equity (ROE)
  • 0.81%Retained earnings to average equity (YTD only)
  • 0.46%Net charge-offs to loans
  • 17.47%Credit loss provision to net charge-offs
  • 2.99%Efficiency ratio
  • 75,697Assets per employee
  • 3.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 84.35%Loss allowance to loans
  • 0.72%Loss allowance to noncurrent loans
  • 49.08%Noncurrent assets plus other real estate owned to assets
  • 1.24%Noncurrent loans to loans
  • 1.48%Net loans and leases to deposits
  • 85.28%Net loans and leases to core deposits
  • 87.04%Equity capital to assets
  • 11.34%Core capital (leverage) ratio
  • 11.30%Tier 1 risk-based capital ratio
  • 13.29%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $51,499Average earning assets
  • $6,044Average equity
  • $43,783Average loans

List of branches

  • 3 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09603Greenfield Banking Company202 Front Street, Greenfield, TN 38230August 16, 1935Full Service Brick and Mortar
    1233549Greenfield Branch202 South Meridian Street, Greenfield, TN 38230November 23, 1990Limited Service Messenger
    3491966Greenfield Branch202 South Meridian Street, Greenfield, TN 38230June 30, 2009Limited Service Facility

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