Sumner Bank & Trust in Gallatin, Tennessee (TN)



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Sumner Bank & Trust routing number info

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Sumner Bank & Trust
GeneralFDIC Certificate #: 57954
Status: Active
Federal Reserve ID: 3343146
Date Established: April 04, 2005
WWW: http://www.sumnerbankandtrust.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 3, Interstate: No)
FDIC's unique #: 432580
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: April 04, 2005
Last Structure Change Effective Date: March 26, 2008
Last Structure Change Process Date: July 06, 2010
Last Data Update: July 06, 2010
Data Source Date: April 05, 2012
LocationAddress: 780 Browns Lane, Gallatin, TN 37066
County: Sumner
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Nashville
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Nashville, TN (#5360)
Combined Statistical Area (CSA): Nashville-Davidson-Murfreesboro-Columbia, TN (#400)
Core Based Statistical Area (CBSA): Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
CBSA Metro Statistical Area: Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
Financial SummaryTotal assets: $156.2 mil
Equity capital: $15.7 mil
Deposits held in domestic offices: $126.5 mil
Return on assets (ROA): 0.28% ($0.4 mil)
Quarterly return on assets: 0.38% ($0.6 mil)
Return on Equity (ROE): 3.18% ($0.5 mil)
Quarterly return on equity: 3.68% ($0.6 mil)
Net income: $0.4 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.28% ($437.4 mil)
Quarterly Pretax return on assets: 0.38% ($593.6 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)53
Total assets$156,199
Cash and due from depository institutions$8,559
Interest-bearing balances$2,127
Securities$32,612
Federal funds sold & reverse repurchase agreements$9,200
Net loans & leases$97,105
Loan loss allowance $1,310
Trading account assets$0
Bank premises and fixed assets$3,966
Other real estate owned$3,113
Goodwill and other intangibles$0
All other assets$1,644
Life insurance assets$156,199
Total liabilities and capital$140,509
Total liabilities$126,536
Total deposits$106,641
Interest-bearing deposits$126,536
Deposits held in domestic offices$92
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$13,681
Other borrowed funds $0
Subordinated debt $292
All other liabilities $15,690
Total equity capital$15,690
Total bank equity capital$15,690
Perpetual preferred stock$4,924
Common stock$2,239
Surplus$11,572
Undivided profits $-3,045
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $13,441
Income earned, not collected on loans $118
Earning assets $0
Long-term assets (5+ years) $484
Average Assets, year-to-date $141,044
Average Assets, quarterly $56,757
Volatile liabilities $145,139
Insider loans $153,349
FHLB advances $95,754
Loans and leases held for sale $148,649
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $15,340
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $19,487
Derivatives$5,126
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $6,144
Total interest expense $1,472
Net interest income $4,672
Provision for loan and lease losses $510
Total noninterest income $1,785
Fiduciary activities $0
Service charges on deposit accounts $225
Trading account gains & fees $0
Additional noninterest income $1,560
Total noninterest expense $6,098
Salaries and employee benefits $2,368
Premises and equipment expense $828
Additional noninterest expense $2,902
Pre-tax net operating income -$151
Securities gains (losses) $555
Applicable income taxes $0
Income before extraordinary items $404
Extraordinary gains - net $0
Net income attributable to bank $404
Net charge-offs $0
Cash dividends $404
Sale, conversion, retirement of capital stock, net $421
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 assets4.61%
Cost of funding earning assets 1.10%
Net interest margin 3.51%
Noninterest income to earning assets 1.34%
Noninterest expense to earning assets 4.58%
Net operating income to assets -0.10%
Return on assets (ROA) 0.28%
Pretax return on assets 0.28%
Return on equity (ROE) 3.18%
Retained earnings to average equity (YTD only) 3.18%
Net charge-offs to loans 0.48%
Credit loss provision to net charge-offs 121.14%
Efficiency ratio0.85%
Assets per employee$94,440
Cash dividends to net income (YTD only)2.95%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.33%
Noncurrent assets plus other real estate owned to assets 1110.17%
Noncurrent loans to loans 2.07%
Net loans and leases to deposits0.12%
Net loans and leases to core deposits 76.74%
Equity capital to assets 89.88%
Core capital (leverage) ratio 10.04%
Tier 1 risk-based capital ratio 10.32%
Total risk-based capital ratio 16.02%
Memoranda
Average assets$17
Average earning assets$145,139
Average equity $12,698
Average loans $133,240
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4 Tennessee Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0432580Sumner Bank & Trust780 Browns Lane, Gallatin, TN 37066April 04, 2005Full Service Brick and Mortar
2463144West Broadway Branch240 West Broadway, Gallatin, TN 37066May 21, 2007Full Service Brick and Mortar
4493467Indian Lake Branch255 Indian Lake Blvd, Hendersonville, TN 37075April 15, 2009Full Service Brick and Mortar
5529275Lebanon Road Loan Production Office2070 Lebanon Road, Lebanon, TN 37087March 01, 2012Limited Service Loan Production
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