National Bank of Tennessee in Newport, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

National Bank of Tennessee - Overview

  • General
  • FDIC Certificate #: 17847
    Status: Active
    Federal Reserve ID: 960430
    Bank Holding Company (Regulatory Top Holder): Nbn Corporation (RSSDID: 1085880, Location: Newport, TN)
    Date Established: March 14, 1958
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 11789
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 14, 1958
    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: 262 East Broadway, Newport, TN 37821
    County: Cocke
    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
    Combined Statistical Area (CSA): Knoxville-Sevierville-La Follette, TN (#314)
    Core Based Statistical Area (CBSA): Newport, TN (#35460)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $168.6 mil
    Equity capital: $16.4 mil
    Deposits held in domestic offices: $150.8 mil
    Return on assets (ROA): -0.34% (-$0.6 mil)
    Quarterly return on assets: -0.70% (-$1.2 mil)
    Return on Equity (ROE): -3.66% (-$0.6 mil)
    Quarterly return on equity: -7.27% (-$1.2 mil)
    Net income: -$0.6 mil
    Quarterly Net income: -$0.3 mil
    Pretax return on assets: -0.30% (-$505.7 mil)
    Quarterly Pretax return on assets: -0.53% (-$893.4 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
  • 68Total employees (full-time equivalent)
  • $168,572Total assets
  • $12,238Cash and due from depository institutions
  • $144Interest-bearing balances
  • $44,579Securities
  • $5,304Federal funds sold & reverse repurchase agreements
  • $95,695Net loans & leases
  • $2,569Loan loss allowance
  • $0Trading account assets
  • $1,603Bank premises and fixed assets
  • $6,084Other real estate owned
  • $0Goodwill and other intangibles
  • $168,572Life insurance assets
  • $3,069All other assets
  • $152,192Total liabilities and capital
  • $150,838Total liabilities
  • $115,772Total deposits
  • $150,838Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 184.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,170Subordinated debt
  • $16,380All other liabilities
  • $16,380Total equity capital
  • $16,380Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $5,200Surplus
  • $10,780Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,004Income earned, not collected on loans
  • $0Earning assets
  • $670Long-term assets (5+ years)
  • $145,722Average Assets, year-to-date
  • $48,768Average Assets, quarterly
  • $171,209Volatile liabilities
  • $171,729Insider loans
  • $102,788FHLB advances
  • $170,137Loans and leases held for sale
  • $1,305Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $15,614Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,305Total unused commitments
  • $8,858Restructured Loans and leases
  • $5,763Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,992Total interest income
  • $1,085Total interest expense
  • $5,907Net interest income
  • $705Provision for loan and lease losses
  • $1,043Total noninterest income
  • $0Fiduciary activities
  • $716Service charges on deposit accounts
  • $0Trading account gains & fees
  • $327Additional noninterest income
  • $6,887Total noninterest expense
  • $3,696Salaries and employee benefits
  • $634Premises and equipment expense
  • $2,557Additional noninterest expense
  • -$642Pre-tax net operating income
  • $125Securities gains (losses)
  • $73Applicable income taxes
  • -$590Income before extraordinary items
  • $0Extraordinary gains - net
  • -$590Net income attributable to bank
  • $0Net charge-offs
  • -$590Cash dividends
  • $374Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.62%Yield on earning assets
  • 0.72%Cost of funding earning assets
  • 3.90%Net interest margin
  • 0.69%Noninterest income to earning assets
  • 4.55%Noninterest expense to earning assets
  • -0.42%Net operating income to assets
  • -0.34%Return on assets (ROA)
  • -0.30%Pretax return on assets
  • -3.66%Return on equity (ROE)
  • -3.66%Retained earnings to average equity (YTD only)
  • 0.34%Net charge-offs to loans
  • 188.50%Credit loss provision to net charge-offs
  • 0.17%Efficiency ratio
  • 99,094Assets per employee
  • 2.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.61%Loss allowance to noncurrent loans
  • 28.53%Noncurrent assets plus other real estate owned to assets
  • 8.95%Noncurrent loans to loans
  • 9.16%Net loans and leases to deposits
  • 63.44%Net loans and leases to core deposits
  • 64.99%Equity capital to assets
  • 9.72%Core capital (leverage) ratio
  • 9.18%Tier 1 risk-based capital ratio
  • 15.19%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $171,209Average earning assets
  • $16,108Average equity
  • $151,420Average loans

List of branches

  • 3 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011789National Bank Of Tennessee262 East Broadway, Newport, TN 37821March 14, 1958Full Service Brick and Mortar
    2242963West Broadway Branch575 West Broadway, Newport, TN 37821August 19, 1971Full Service Brick and Mortar
    4242965Bryant Town Branch774 Cosby Highway, Newport, TN 37821November 19, 1981Full Service Brick and Mortar

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