Pioneer Bank, f.s.b. in East Ridge, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 21, 1999

  • Pioneer Bank, f.s.b. in East Ridge, Tennessee (TN)
  • Show street view No street view available for this location

Pioneer Bank, f.s.b. - Overview

  • General
  • FDIC Certificate #: 34653
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First American Federal Savings Bank (#27833)
    Federal Reserve ID: 2613365
    Date Established: September 09, 1997
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 14459
    FDIC's unique #: 61030
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: September 09, 1997
    Last Structure Change Effective Date: May 21, 1999
    Last Structure Change Process Date: June 04, 1999
    Last Data Update: June 04, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 6501 Ringgold Road, East Ridge, TN 37412
    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: $58.9 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 25Total employees (full-time equivalent)
  • $55,150Total assets
  • $1,753Cash and due from depository institutions
  • $0Interest-bearing balances
  • $10,319Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $40,453Net loans & leases
  • $754Loan loss allowance
  • $0Trading account assets
  • $1,728Bank premises and fixed assets
  • $0Other real estate owned
  • $78Goodwill and other intangibles
  • $0Life insurance assets
  • $819All other assets
  • $55,150Total liabilities and capital
  • $47,858Total liabilities
  • $38,679Total deposits
  • $38,679Interest-bearing deposits
  • $38,679Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $8,100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,079All other liabilities
  • $7,292Total equity capital
  • $7,292Total bank equity capital
  • $7,292Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $7,000Undivided profits
  • Memoranda
  • $-708Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $46Earning assets
  • $0Long-term assets (5+ years)
  • $242Average Assets, year-to-date
  • $50,772Average Assets, quarterly
  • $0Volatile liabilities
  • $40,884Insider loans
  • $51,806FHLB advances
  • $13,154Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $6,012Total unused commitments
  • $0Restructured Loans and leases
  • $43,300Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $3,054Total interest income
  • $1,726Total interest expense
  • $1,328Net interest income
  • $626Provision for loan and lease losses
  • $249Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $249Additional noninterest income
  • $1,809Total noninterest expense
  • $1,016Salaries and employee benefits
  • $257Premises and equipment expense
  • $536Additional noninterest expense
  • -$858Pre-tax net operating income
  • $0Securities gains (losses)
  • -$331Applicable income taxes
  • -$527Income before extraordinary items
  • $0Extraordinary gains - net
  • -$527Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.43%Yield on earning assets
  • 4.76%Cost of funding earning assets
  • 3.67%Net interest margin
  • 0.69%Noninterest income to earning assets
  • 4.99%Noninterest expense to earning assets
  • -1.29%Net operating income to assets
  • -1.29%Return on assets (ROA)
  • -2.10%Pretax return on assets
  • -7.00%Return on equity (ROE)
  • -7.00%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 113,380Assets per employee
  • 2.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.83%Loss allowance to noncurrent loans
  • 1639.13%Noncurrent assets plus other real estate owned to assets
  • 0.08%Noncurrent loans to loans
  • 0.11%Net loans and leases to deposits
  • 104.59%Net loans and leases to core deposits
  • 120.31%Equity capital to assets
  • 13.22%Core capital (leverage) ratio
  • 13.03%Tier 1 risk-based capital ratio
  • 16.56%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $40,884Average earning assets
  • $7,530Average equity
  • $36,232Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Pioneer Bank, f.s.b..
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents