Sevier County Bank in Sevierville, Tennessee (TN)



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Sevier County Bank routing number info

Table of contents:
Sevier County Bank
GeneralFDIC Certificate #: 10318
Status: Active
Federal Reserve ID: 982937
Bank Holding Company (Regulatory Top Holder): Sevier County Bancshares, Inc. (RSSDID: 1086458, Location: Sevierville, TN)
Date Established: March 09, 1909
WWW: http://www.seviercountybank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Domestic: 6, Interstate: No)
FDIC's unique #: 6609
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: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 18, 2012
Last Structure Change Process Date: January 18, 2012
Last Data Update: January 18, 2012
Data Source Date: April 05, 2012
LocationAddress: 111 East Main Street, Sevierville, TN 37862
County: Sevier
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): Knoxville, TN (#3840)
Combined Statistical Area (CSA): Knoxville-Sevierville-La Follette, TN (#314)
Core Based Statistical Area (CBSA): Sevierville, TN (#42940)
CBSA Micro Statistical Area: Yes
Financial SummaryTotal assets: $333.8 mil
Equity capital: $25.9 mil
Deposits held in domestic offices: $306.3 mil
Return on assets (ROA): -2.26% (-$7.5 mil)
Quarterly return on assets: -3.23% (-$10.8 mil)
Return on Equity (ROE): -25.92% (-$6.7 mil)
Quarterly return on equity: -40.29% (-$10.5 mil)
Net income: -$7.9 mil
Quarterly Net income: -$2.7 mil
Pretax return on assets: -3.57% (-$11,915.3 mil)
Quarterly Pretax return on assets: -5.25% (-$17,522.5 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)
Total employees (full-time equivalent)79
Total assets$333,761
Cash and due from depository institutions$30,674
Interest-bearing balances$8,541
Securities$33,630
Federal funds sold & reverse repurchase agreements$1,050
Net loans & leases$198,278
Loan loss allowance $12,604
Trading account assets$0
Bank premises and fixed assets$18,582
Other real estate owned$38,501
Goodwill and other intangibles$0
All other assets$13,046
Life insurance assets$333,761
Total liabilities and capital$307,868
Total liabilities$306,329
Total deposits$280,061
Interest-bearing deposits$306,329
Deposits held in domestic offices$94
% insured (estimated)639.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $900
All other liabilities $25,893
Total equity capital$25,893
Total bank equity capital$25,893
Perpetual preferred stock$0
Common stock$1,200
Surplus$1,200
Undivided profits $23,493
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $135
Income earned, not collected on loans $32,650
Earning assets $0
Long-term assets (5+ years) $1,149
Average Assets, year-to-date $241,499
Average Assets, quarterly $74,840
Volatile liabilities $348,128
Insider loans $339,332
FHLB advances $262,944
Loans and leases held for sale $332,054
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $17,445
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $12,108
Derivatives$1,244
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $11,979
Total interest expense $3,983
Net interest income $7,996
Provision for loan and lease losses $6,402
Total noninterest income $1,273
Fiduciary activities $0
Service charges on deposit accounts $79
Trading account gains & fees $0
Additional noninterest income $1,194
Total noninterest expense $15,337
Salaries and employee benefits $4,747
Premises and equipment expense $1,956
Additional noninterest expense $8,634
Pre-tax net operating income -$12,470
Securities gains (losses) $38
Applicable income taxes -$4,560
Income before extraordinary items -$7,872
Extraordinary gains - net $0
Net income attributable to bank -$7,872
Net charge-offs $0
Cash dividends -$7,872
Sale, conversion, retirement of capital stock, net $1,784
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.65%
Cost of funding earning assets 1.54%
Net interest margin 3.10%
Noninterest income to earning assets 0.49%
Noninterest expense to earning assets 5.95%
Net operating income to assets -2.27%
Return on assets (ROA) -2.26%
Pretax return on assets -3.57%
Return on equity (ROE) -25.92%
Retained earnings to average equity (YTD only) -25.92%
Net charge-offs to loans 0.82%
Credit loss provision to net charge-offs 358.86%
Efficiency ratio-3.40%
Assets per employee$165,466
Cash dividends to net income (YTD only)4.22%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 5.98%
Noncurrent assets plus other real estate owned to assets 38.60%
Noncurrent loans to loans 21.32%
Net loans and leases to deposits15.48%
Net loans and leases to core deposits 64.73%
Equity capital to assets 72.65%
Core capital (leverage) ratio 7.76%
Tier 1 risk-based capital ratio 5.25%
Total risk-based capital ratio 6.63%
Memoranda
Average assets$8
Average earning assets$348,128
Average equity $30,371
Average loans $257,823
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6 Tennessee Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
06609Sevier County Bank111 East Main Street, Sevierville, TN 37862March 09, 1909Full Service Brick and Mortar
1222267Pigeon Forge Branch3605 S Parkway, Pigeon Forge, TN 37862July 08, 1968Full Service Brick and Mortar
2222268Harrison-Chilhowee Branch11403 Chapman Hwy, Seymour, TN 37865May 19, 1975Full Service Brick and Mortar
3222269Pigeon Forge Main Branch3260 Parkway, Pigeon Forge, TN 37863November 26, 1979Full Service Brick and Mortar
4222270Sevierville Branch720 Dolly Parton Parkway, Sevierville, TN 37862July 05, 1984Full Service Brick and Mortar
6495395Gatlinburg Branch961 East Parkway, Gatlinburg, TN 37738October 04, 2009Full Service Brick and Mortar
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