INSOUTH Bank in Brownsville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • INSOUTH Bank in Brownsville, Tennessee (TN)
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INSOUTH Bank - Overview

  • General
  • FDIC Certificate #: 22020
    Status: Active
    Federal Reserve ID: 329550
    Bank Holding Company (Regulatory Top Holder): Independent Southern Bancshares, Inc. Esot (RSSDID: 2245083, Location: Brownsville, TN)
    Date Established: January 01, 1869
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 9222
    FDIC's unique #: 15277
    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: May 15, 1975
    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: 111 South Washington Street, Brownsville, TN 38012
    County: Haywood
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Memphis
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Brownsville, TN (#15140)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $290.2 mil
    Equity capital: $20.9 mil
    Deposits held in domestic offices: $267.7 mil
    Return on assets (ROA): -0.80% (-$2.3 mil)
    Quarterly return on assets: 0.03% ($0.1 mil)
    Return on Equity (ROE): -12.23% (-$2.6 mil)
    Quarterly return on equity: 0.38% ($0.1 mil)
    Net income: -$2.6 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: -0.80% (-$2,321.3 mil)
    Quarterly Pretax return on assets: 0.03% ($87.0 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
  • 103Total employees (full-time equivalent)
  • $290,165Total assets
  • $30,572Cash and due from depository institutions
  • $26,556Interest-bearing balances
  • $52,416Securities
  • $1,672Federal funds sold & reverse repurchase agreements
  • $182,500Net loans & leases
  • $6,263Loan loss allowance
  • $0Trading account assets
  • $7,827Bank premises and fixed assets
  • $5,294Other real estate owned
  • $0Goodwill and other intangibles
  • $290,165Life insurance assets
  • $9,884All other assets
  • $269,234Total liabilities and capital
  • $267,743Total liabilities
  • $229,757Total deposits
  • $267,743Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,491Subordinated debt
  • $20,931All other liabilities
  • $20,931Total equity capital
  • $20,931Total bank equity capital
  • $0Perpetual preferred stock
  • $2,086Common stock
  • $21,259Surplus
  • $-2,414Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $135Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $17,914Income earned, not collected on loans
  • $0Earning assets
  • $1,317Long-term assets (5+ years)
  • $263,144Average Assets, year-to-date
  • $44,916Average Assets, quarterly
  • $325,098Volatile liabilities
  • $296,534Insider loans
  • $188,016FHLB advances
  • $302,190Loans and leases held for sale
  • $3,522Unused loan commitments
  • $3,522Tier 1 (core) risk-based capital
  • $20,581Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $21,466Restructured Loans and leases
  • $1,272Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,825Total interest income
  • $2,820Total interest expense
  • $11,005Net interest income
  • $3,297Provision for loan and lease losses
  • $3,439Total noninterest income
  • $4Fiduciary activities
  • $2,483Service charges on deposit accounts
  • $0Trading account gains & fees
  • $952Additional noninterest income
  • $13,760Total noninterest expense
  • $6,434Salaries and employee benefits
  • $2,145Premises and equipment expense
  • $5,181Additional noninterest expense
  • -$2,613Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$2,613Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,613Net income attributable to bank
  • $0Net charge-offs
  • -$2,613Cash dividends
  • $5,455Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.61%Yield on earning assets
  • 0.94%Cost of funding earning assets
  • 3.67%Net interest margin
  • 1.15%Noninterest income to earning assets
  • 4.59%Noninterest expense to earning assets
  • -0.80%Net operating income to assets
  • -0.80%Return on assets (ROA)
  • -0.80%Pretax return on assets
  • -12.23%Return on equity (ROE)
  • -12.23%Retained earnings to average equity (YTD only)
  • 2.63%Net charge-offs to loans
  • 60.44%Credit loss provision to net charge-offs
  • 0.13%Efficiency ratio
  • 95,264Assets per employee
  • 2.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.32%Loss allowance to noncurrent loans
  • 34.96%Noncurrent assets plus other real estate owned to assets
  • 8.00%Noncurrent loans to loans
  • 9.49%Net loans and leases to deposits
  • 68.16%Net loans and leases to core deposits
  • 71.13%Equity capital to assets
  • 7.21%Core capital (leverage) ratio
  • 6.81%Tier 1 risk-based capital ratio
  • 10.95%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $325,098Average earning assets
  • $21,369Average equity
  • $299,872Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,474Managed Assets
  • 1Number of Accounts
  • $1,474Personal trust and agency accounts
  • $190Employee benefit-defined contribution accounts
  • $1,284Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 2Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 7 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015277Insouth Bank111 South Washington Street, Brownsville, TN 38012January 01, 1869Full Service Brick and Mortar
    1291650Peachtree Plaza Branch403 West Main Street, Brownsville, TN 38012January 01, 1900Limited Service Facility
    4219643Highway 51 South Branch425 Highway 51 South, Covington, TN 38019December 19, 1974Full Service Brick and Mortar
    7257473Millington Branch7696 Highway 51 North, Millington, TN 38053November 27, 1989Full Service Brick and Mortar
    10253909Atoka Branch10950 Highway 51 South, Atoka, TN 38004December 01, 1998Full Service Brick and Mortar
    12456683Holly Park Branch1119 Dupree Street, Brownsville, TN 38012November 30, 2006Limited Service Facility
    13468203Poplar Avenue Branch5299 Poplar Avenue, Memphis, TN 38119April 23, 2007Full Service Brick and Mortar

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