Macon Bank and Trust Company in Lafayette, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Macon Bank and Trust Company in Lafayette, Tennessee (TN)
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Macon Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 6091
    Status: Active
    Federal Reserve ID: 709639
    Bank Holding Company (Regulatory Top Holder): Macon Banctrust, Inc. (RSSDID: 1136577, Location: Lafayette, TN)
    Date Established: July 01, 1919
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    FDIC's unique #: 4114
    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: January 01, 1934
    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: 609 Red Boiling Springs Rd., Lafayette, TN 37083
    County: Macon
    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): Nashville-Davidson-Murfreesboro-Columbia, TN (#400)
    Core Based Statistical Area (CBSA): Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
    CBSA Metro Statistical Area: Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $321.7 mil
    Equity capital: $39.7 mil
    Deposits held in domestic offices: $277.6 mil
    Return on assets (ROA): 1.08% ($3.5 mil)
    Quarterly return on assets: 0.89% ($2.9 mil)
    Return on Equity (ROE): 9.08% ($3.6 mil)
    Quarterly return on equity: 7.12% ($2.8 mil)
    Net income: $3.4 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 1.31% ($4,214.1 mil)
    Quarterly Pretax return on assets: 1.01% ($3,249.0 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
  • 91Total employees (full-time equivalent)
  • $321,687Total assets
  • $15,460Cash and due from depository institutions
  • $0Interest-bearing balances
  • $141,815Securities
  • $12,820Federal funds sold & reverse repurchase agreements
  • $137,040Net loans & leases
  • $2,106Loan loss allowance
  • $0Trading account assets
  • $2,953Bank premises and fixed assets
  • $446Other real estate owned
  • $489Goodwill and other intangibles
  • $321,687Life insurance assets
  • $10,664All other assets
  • $281,957Total liabilities and capital
  • $277,594Total liabilities
  • $244,238Total deposits
  • $277,594Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $4,363Subordinated debt
  • $39,730All other liabilities
  • $39,730Total equity capital
  • $39,730Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $600Surplus
  • $38,530Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,822Income earned, not collected on loans
  • $0Earning assets
  • $2,394Long-term assets (5+ years)
  • $291,675Average Assets, year-to-date
  • $134,770Average Assets, quarterly
  • $318,363Volatile liabilities
  • $318,439Insider loans
  • $161,380FHLB advances
  • $315,661Loans and leases held for sale
  • $6,195Unused loan commitments
  • $3,418Tier 1 (core) risk-based capital
  • $37,097Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,777Total unused commitments
  • $8,931Restructured Loans and leases
  • $2,954Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,244Total interest income
  • $3,300Total interest expense
  • $9,944Net interest income
  • $665Provision for loan and lease losses
  • $1,997Total noninterest income
  • $0Fiduciary activities
  • $1,374Service charges on deposit accounts
  • $0Trading account gains & fees
  • $623Additional noninterest income
  • $7,990Total noninterest expense
  • $5,254Salaries and employee benefits
  • $1,097Premises and equipment expense
  • $1,639Additional noninterest expense
  • $3,286Pre-tax net operating income
  • $882Securities gains (losses)
  • $731Applicable income taxes
  • $3,437Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,437Net income attributable to bank
  • $0Net charge-offs
  • $3,437Cash dividends
  • $350Sale, conversion, retirement of capital stock, net
  • $825Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.59%Yield on earning assets
  • 1.14%Cost of funding earning assets
  • 3.44%Net interest margin
  • 0.69%Noninterest income to earning assets
  • 2.77%Noninterest expense to earning assets
  • 0.85%Net operating income to assets
  • 1.08%Return on assets (ROA)
  • 1.31%Pretax return on assets
  • 9.08%Return on equity (ROE)
  • 6.90%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 190.00%Credit loss provision to net charge-offs
  • 11.29%Efficiency ratio
  • 66,912Assets per employee
  • 3.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 24.00%Loss allowance to loans
  • 1.51%Loss allowance to noncurrent loans
  • 115.59%Noncurrent assets plus other real estate owned to assets
  • 0.71%Noncurrent loans to loans
  • 1.31%Net loans and leases to deposits
  • 49.37%Net loans and leases to core deposits
  • 53.55%Equity capital to assets
  • 12.35%Core capital (leverage) ratio
  • 11.75%Tier 1 risk-based capital ratio
  • 22.99%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $318,363Average earning assets
  • $37,872Average equity
  • $288,767Average loans

List of branches

  • 7 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04114Macon Bank And Trust Company609 Red Boiling Springs Rd., Lafayette, TN 37083July 01, 1919Full Service Brick and Mortar
    1208709Lafayette BranchPublic Square, Lafayette, TN 37083August 02, 1965Full Service Brick and Mortar
    2208710Red Boiling Springs Branch261 Market Street, Red Boiling Springs, TN 37150November 24, 1980Full Service Brick and Mortar
    3208711Westside Branch10363 Highway 52 West, Westmoreland, TN 37186July 19, 1994Full Service Brick and Mortar
    5334444Supercenter Branch419 Highway 52 By Pass West, Lafayette, TN 37083March 15, 2000Full Service Brick and Mortar
    615532Celina Branch201 Main Street, Celina, TN 38551August 28, 1976Full Service Brick and Mortar
    7442259Westmoreland Branch5284 New 31-E Highway, Westmoreland, TN 37186July 18, 2005Full Service Brick and Mortar

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