Pioneer Bank in city_name, state_name - Detailed Financial Reports, Location

Pioneer Bank in Chattanooga, Tennessee (TN)
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Pioneer Bank - Overview

General
FDIC Certificate #: 12499
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First American National Bank (#4956)
Federal Reserve ID: 851332
Date Established: Febuary 06, 1916
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 23 (Interstate: No)
OTS Docket #: 13158
FDIC's unique #: 7951
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: November 20, 1998
Last Structure Change Process Date: January 27, 1999
Last Data Update: January 27, 1999
Data Source Date: April 05, 2012
Location
Address: 801 Broad Street, Chattanooga, TN 37401
County: Hamilton
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
Metropolitan Statistical Area (MSA): Chattanooga, TN-GA (#1560)
Combined Statistical Area (CSA): Chattanooga-Cleveland-Athens, TN-GA (#174)
Core Based Statistical Area (CBSA): Chattanooga, TN-GA (#16860)
CBSA Metro Statistical Area: Chattanooga, TN-GA (#16860)
Financial Summary
Total assets: $754.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
263Total employees (full-time equivalent)
$747,708Total assets
$38,593Cash and due from depository institutions
$428Interest-bearing balances
$157,030Securities
$12,800Federal funds sold & reverse repurchase agreements
$509,476Net loans & leases
$6,208Loan loss allowance
$0Trading account assets
$14,629Bank premises and fixed assets
$1,901Other real estate owned
$5,553Goodwill and other intangibles
$0Life insurance assets
$7,726All other assets
$747,708Total liabilities and capital
$675,100Total liabilities
$577,802Total deposits
$473,464Interest-bearing deposits
$577,802Deposits held in domestic offices
0.00%% insured (estimated)
$60,515Federal funds purchased & repurchase agreements
$0Trading liabilities
$30,000Other borrowed funds
$0Subordinated debt
$6,783All other liabilities
$72,608Total equity capital
$72,608Total bank equity capital
$72,608Perpetual preferred stock
$1Common stock
$3,816Surplus
$3,696Undivided profits
Memoranda
$65,095Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,889Earning assets
$0Long-term assets (5+ years)
$3,445Average Assets, year-to-date
$679,734Average Assets, quarterly
$67,352Volatile liabilities
$727,731Insider loans
$741,211FHLB advances
$136,844Loans and leases held for sale
$16,586Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,603Total risk weighted assets
$118,926Total unused commitments
$0Restructured Loans and leases
$576,313Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$52,789Total interest income
$23,788Total interest expense
$29,001Net interest income
$2,797Provision for loan and lease losses
$7,594Total noninterest income
$1,623Fiduciary activities
$3,359Service charges on deposit accounts
$0Trading account gains & fees
$2,612Additional noninterest income
$18,644Total noninterest expense
$9,562Salaries and employee benefits
$2,766Premises and equipment expense
$6,316Additional noninterest expense
$15,154Pre-tax net operating income
$179Securities gains (losses)
$4,950Applicable income taxes
$10,383Income before extraordinary items
$0Extraordinary gains - net
$10,383Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,186Sale, conversion, retirement of capital stock, net
$7,880Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.11%Yield on earning assets
3.66%Cost of funding earning assets
4.46%Net interest margin
1.17%Noninterest income to earning assets
2.86%Noninterest expense to earning assets
1.41%Net operating income to assets
1.43%Return on assets (ROA)
2.11%Pretax return on assets
14.51%Return on equity (ROE)
3.50%Retained earnings to average equity (YTD only)
0.25%Net charge-offs to loans
235.83%Credit loss provision to net charge-offs
15.14%Efficiency ratio
48,810Assets per employee
2.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
75.89%Loss allowance to loans
1.20%Loss allowance to noncurrent loans
328.64%Noncurrent assets plus other real estate owned to assets
0.34%Noncurrent loans to loans
0.37%Net loans and leases to deposits
88.17%Net loans and leases to core deposits
97.70%Equity capital to assets
9.71%Core capital (leverage) ratio
9.05%Tier 1 risk-based capital ratio
11.50%Total risk-based capital ratio
Memoranda
$13Average assets
$727,731Average earning assets
$71,575Average equity
$650,768Average loans

Pioneer Bank in Chattanooga, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Pioneer Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

Comment about this bank, ask questions, or add new information about it:

Pioneer Bank in Chattanooga, Tennessee (TN)Overview, Financial Summary, Detailed Financial Reports, Branches

Pioneer Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

Comment about this bank, ask questions, or add new information about it:

Pioneer Bank in Chattanooga, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches