Highland Federal Savings and Loan Association in Crossville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Highland Federal Savings and Loan Association in Crossville, Tennessee (TN)
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Highland Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 31232
    Status: Active
    Federal Reserve ID: 652070
    Date Established: Febuary 16, 1961
    WWW: http://www.highlandfederal.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 6581
    FDIC's unique #: 44066
    Numeric code: 38
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: Febuary 16, 1961
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 106 South Main St, Suite 103, Crossville, TN 38555
    County: Cumberland
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Knoxville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Crossville, TN (#18900)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $66.2 mil
    Equity capital: $13.3 mil
    Deposits held in domestic offices: $52.2 mil
    Return on assets (ROA): 0.38% ($0.3 mil)
    Quarterly return on assets: 0.34% ($0.2 mil)
    Return on Equity (ROE): 1.92% ($0.2 mil)
    Quarterly return on equity: 1.69% ($0.2 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.51% ($337.5 mil)
    Quarterly Pretax return on assets: 0.56% ($370.5 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
  • 14Total employees (full-time equivalent)
  • $66,168Total assets
  • $25,343Cash and due from depository institutions
  • $24,447Interest-bearing balances
  • $18Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $34,981Net loans & leases
  • $283Loan loss allowance
  • $0Trading account assets
  • $1,760Bank premises and fixed assets
  • $220Other real estate owned
  • $0Goodwill and other intangibles
  • $66,168Life insurance assets
  • $3,846All other assets
  • $52,901Total liabilities and capital
  • $52,235Total liabilities
  • $49,605Total deposits
  • $52,235Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $666Subordinated debt
  • $13,267All other liabilities
  • $13,267Total equity capital
  • $13,267Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $13,267Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $180Income earned, not collected on loans
  • $0Earning assets
  • $134Long-term assets (5+ years)
  • $59,446Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $66,701Volatile liabilities
  • $66,486Insider loans
  • $48,876FHLB advances
  • $66,168Loans and leases held for sale
  • $2,961Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,267Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,967Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,358Total interest income
  • $414Total interest expense
  • $1,944Net interest income
  • $24Provision for loan and lease losses
  • $513Total noninterest income
  • $0Fiduciary activities
  • $156Service charges on deposit accounts
  • $0Trading account gains & fees
  • $357Additional noninterest income
  • $2,096Total noninterest expense
  • $1,202Salaries and employee benefits
  • $484Premises and equipment expense
  • $410Additional noninterest expense
  • $337Pre-tax net operating income
  • $0Securities gains (losses)
  • $85Applicable income taxes
  • $252Income before extraordinary items
  • $0Extraordinary gains - net
  • $252Net income attributable to bank
  • $0Net charge-offs
  • $252Cash dividends
  • $14Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.93%Yield on earning assets
  • 0.69%Cost of funding earning assets
  • 3.24%Net interest margin
  • 0.86%Noninterest income to earning assets
  • 3.50%Noninterest expense to earning assets
  • 0.38%Net operating income to assets
  • 0.38%Return on assets (ROA)
  • 0.51%Pretax return on assets
  • 1.92%Return on equity (ROE)
  • 1.92%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 171.43%Credit loss provision to net charge-offs
  • 25.79%Efficiency ratio
  • 85,307Assets per employee
  • 4.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.80%Loss allowance to noncurrent loans
  • 157.22%Noncurrent assets plus other real estate owned to assets
  • 0.60%Noncurrent loans to loans
  • 0.51%Net loans and leases to deposits
  • 66.97%Net loans and leases to core deposits
  • 68.12%Equity capital to assets
  • 20.05%Core capital (leverage) ratio
  • 20.05%Tier 1 risk-based capital ratio
  • 27.14%Total risk-based capital ratio
  • Memoranda
  • $28Average assets
  • $66,701Average earning assets
  • $13,128Average equity
  • $59,953Average loans

List of branches

  • 2 Tennessee Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    044066Highland Federal Savings And Loan As106 South Main St, Suite 103, Crossville, TN 38555Febuary 16, 1961Full Service Brick and Mortar
    100283922Village Green Shopping Mall Branch126 Stonehenge Dr Suite 113, Crossville, TN 38558Febuary 16, 1961Full Service Brick and Mortar

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