Selmer Bank & Trust Company in Selmer, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 06, 1998

  • Selmer Bank & Trust Company in Selmer, Tennessee (TN)
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Selmer Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 9167
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Union Planters Bank, National Association (#4979)
    Federal Reserve ID: 436551
    Date Established: September 01, 1919
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 5866
    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: August 06, 1998
    Last Structure Change Process Date: August 25, 1998
    Last Data Update: August 25, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 114-118 South Third Street, Selmer, TN 38375
    County: Mcnairy
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Memphis
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • Financial Summary
  • Total assets: $94.4 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
  • 24Total employees (full-time equivalent)
  • $94,993Total assets
  • $1,929Cash and due from depository institutions
  • $0Interest-bearing balances
  • $37,247Securities
  • $5,400Federal funds sold & reverse repurchase agreements
  • $48,242Net loans & leases
  • $912Loan loss allowance
  • $0Trading account assets
  • $633Bank premises and fixed assets
  • $171Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,371All other assets
  • $94,993Total liabilities and capital
  • $86,968Total liabilities
  • $86,456Total deposits
  • $73,003Interest-bearing deposits
  • $86,456Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $512All other liabilities
  • $8,025Total equity capital
  • $8,025Total bank equity capital
  • $8,025Perpetual preferred stock
  • $0Common stock
  • $310Surplus
  • $800Undivided profits
  • Memoranda
  • $6,915Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $12Earning assets
  • $0Long-term assets (5+ years)
  • $549Average Assets, year-to-date
  • $90,889Average Assets, quarterly
  • $24,960Volatile liabilities
  • $99,595Insider loans
  • $98,215FHLB advances
  • $6,303Loans and leases held for sale
  • $266Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $46,614Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $7,515Total interest income
  • $3,652Total interest expense
  • $3,863Net interest income
  • $188Provision for loan and lease losses
  • $169Total noninterest income
  • $0Fiduciary activities
  • $137Service charges on deposit accounts
  • $0Trading account gains & fees
  • $32Additional noninterest income
  • $1,928Total noninterest expense
  • $977Salaries and employee benefits
  • $155Premises and equipment expense
  • $796Additional noninterest expense
  • $1,916Pre-tax net operating income
  • $53Securities gains (losses)
  • $532Applicable income taxes
  • $1,437Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,437Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $328Sale, conversion, retirement of capital stock, net
  • $7,122Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.99%Yield on earning assets
  • 3.88%Cost of funding earning assets
  • 4.11%Net interest margin
  • 0.18%Noninterest income to earning assets
  • 2.05%Noninterest expense to earning assets
  • 1.40%Net operating income to assets
  • 1.44%Return on assets (ROA)
  • 1.98%Pretax return on assets
  • 11.36%Return on equity (ROE)
  • -44.93%Retained earnings to average equity (YTD only)
  • 0.64%Net charge-offs to loans
  • 57.32%Credit loss provision to net charge-offs
  • 6.41%Efficiency ratio
  • 47,817Assets per employee
  • 3.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 495.62%Loss allowance to loans
  • 1.86%Loss allowance to noncurrent loans
  • 7600.00%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.02%Net loans and leases to deposits
  • 55.80%Net loans and leases to core deposits
  • 60.19%Equity capital to assets
  • 8.45%Core capital (leverage) ratio
  • 7.78%Tier 1 risk-based capital ratio
  • 16.37%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $99,595Average earning assets
  • $12,652Average equity
  • $94,044Average loans

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