People's Bank and Trust Company of Pickett County - Overview
General
FDIC Certificate #: 22756 Status: Active Federal Reserve ID: 942539 Bank Holding Company (Regulatory Top Holder): Employee Stock Ownership Trust Of People's Bank And Trust Company Of Pickett County (RSSDID: 1426782, Location: Byrdstown, TN) Date Established: November 27, 1978 WWW:http://www.peoplesbankbyrdstown.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 8951 FDIC's unique #: 15890 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: November 27, 1978 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: 19 Courthouse Square, Byrdstown, TN 38549 County: Pickett 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $130.5 mil Equity capital: $11.0 mil Deposits held in domestic offices: $118.7 mil Return on assets (ROA): -0.82% (-$1.1 mil) Quarterly return on assets: 0.61% ($0.8 mil) Return on Equity (ROE): -9.36% (-$1.0 mil) Quarterly return on equity: 7.36% ($0.8 mil) Net income: -$1.1 mil Quarterly Net income: $0.2 mil Pretax return on assets: -1.29% (-$1,682.8 mil) Quarterly Pretax return on assets: 0.13% ($169.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
30Total employees (full-time equivalent)
$130,452Total assets
$7,867Cash and due from depository institutions
$1,714Interest-bearing balances
$11,862Securities
$8,115Federal funds sold & reverse repurchase agreements
$93,581Net loans & leases
$3,330Loan loss allowance
$0Trading account assets
$1,148Bank premises and fixed assets
$2,132Other real estate owned
$120Goodwill and other intangibles
$130,452Life insurance assets
$5,627All other assets
$119,431Total liabilities and capital
$118,692Total liabilities
$110,602Total deposits
$118,692Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$739Subordinated debt
$11,021All other liabilities
$11,021Total equity capital
$11,021Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$200Surplus
$10,621Undivided profits
Memoranda
$0Noncurrent loans and leases
$70Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$12,587Income earned, not collected on loans
$280Earning assets
$1,363Long-term assets (5+ years)
$115,272Average Assets, year-to-date
$20,185Average Assets, quarterly
$133,107Volatile liabilities
$132,064Insider loans
$95,257FHLB advances
$130,960Loans and leases held for sale
$2,066Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,526Tier 2 risk-based capital
$0Total risk weighted assets
$2,066Total unused commitments
$3,646Restructured Loans and leases
$516Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$7,179Total interest income
$2,064Total interest expense
$5,115Net interest income
$3,685Provision for loan and lease losses
$260Total noninterest income
$0Fiduciary activities
$376Service charges on deposit accounts
$0Trading account gains & fees
-$116Additional noninterest income
$3,412Total noninterest expense
$1,651Salaries and employee benefits
$247Premises and equipment expense
$1,514Additional noninterest expense
-$1,722Pre-tax net operating income
$8Securities gains (losses)
-$629Applicable income taxes
-$1,085Income before extraordinary items
$0Extraordinary gains - net
-$1,085Net income attributable to bank
$0Net charge-offs
-$1,085Cash dividends
$2,541Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.09%Yield on earning assets
1.75%Cost of funding earning assets
4.34%Net interest margin
0.22%Noninterest income to earning assets
2.90%Noninterest expense to earning assets
-0.82%Net operating income to assets
-0.82%Return on assets (ROA)
-1.29%Pretax return on assets
-9.36%Return on equity (ROE)
-9.36%Retained earnings to average equity (YTD only)
2.53%Net charge-offs to loans
145.02%Credit loss provision to net charge-offs
0.77%Efficiency ratio
63,479Assets per employee
4.35%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.44%Loss allowance to noncurrent loans
26.46%Noncurrent assets plus other real estate owned to assets
11.28%Noncurrent loans to loans
12.99%Net loans and leases to deposits
78.84%Net loans and leases to core deposits
81.29%Equity capital to assets
8.45%Core capital (leverage) ratio
8.04%Tier 1 risk-based capital ratio
11.05%Total risk-based capital ratio
Memoranda
$12Average assets
$133,107Average earning assets
$11,592Average equity
$117,806Average loans
List of branches
1 Tennessee Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
15890
People's Bank And Trust Company Of P
19 Courthouse Square, Byrdstown, TN 38549
November 27, 1978
Full Service Brick and Mortar
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