Sumner Bank & Trust in Gallatin, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Sumner Bank & Trust - Overview

  • General
  • FDIC Certificate #: 57954
    Status: Active
    Federal Reserve ID: 3343146
    Date Established: April 04, 2005
    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
  • Location
  • Address: 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 Summary
  • Total 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
  • 53Total employees (full-time equivalent)
  • $156,199Total assets
  • $8,559Cash and due from depository institutions
  • $2,127Interest-bearing balances
  • $32,612Securities
  • $9,200Federal funds sold & reverse repurchase agreements
  • $97,105Net loans & leases
  • $1,310Loan loss allowance
  • $0Trading account assets
  • $3,966Bank premises and fixed assets
  • $3,113Other real estate owned
  • $0Goodwill and other intangibles
  • $156,199Life insurance assets
  • $1,644All other assets
  • $140,509Total liabilities and capital
  • $126,536Total liabilities
  • $106,641Total deposits
  • $126,536Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $13,681Trading liabilities
  • $0Other borrowed funds
  • $292Subordinated debt
  • $15,690All other liabilities
  • $15,690Total equity capital
  • $15,690Total bank equity capital
  • $4,924Perpetual preferred stock
  • $2,239Common stock
  • $11,572Surplus
  • $-3,045Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $13,441Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $118Income earned, not collected on loans
  • $0Earning assets
  • $484Long-term assets (5+ years)
  • $141,044Average Assets, year-to-date
  • $56,757Average Assets, quarterly
  • $145,139Volatile liabilities
  • $153,349Insider loans
  • $95,754FHLB advances
  • $148,649Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $15,340Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $19,487Restructured Loans and leases
  • $5,126Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,144Total interest income
  • $1,472Total interest expense
  • $4,672Net interest income
  • $510Provision for loan and lease losses
  • $1,785Total noninterest income
  • $0Fiduciary activities
  • $225Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,560Additional noninterest income
  • $6,098Total noninterest expense
  • $2,368Salaries and employee benefits
  • $828Premises and equipment expense
  • $2,902Additional noninterest expense
  • -$151Pre-tax net operating income
  • $555Securities gains (losses)
  • $0Applicable income taxes
  • $404Income before extraordinary items
  • $0Extraordinary gains - net
  • $404Net income attributable to bank
  • $0Net charge-offs
  • $404Cash dividends
  • $421Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.61%Yield on earning assets
  • 1.10%Cost of funding earning assets
  • 3.51%Net interest margin
  • 1.34%Noninterest income to earning assets
  • 4.58%Noninterest expense to earning assets
  • -0.10%Net operating income to assets
  • 0.28%Return on assets (ROA)
  • 0.28%Pretax return on assets
  • 3.18%Return on equity (ROE)
  • 3.18%Retained earnings to average equity (YTD only)
  • 0.48%Net charge-offs to loans
  • 121.14%Credit loss provision to net charge-offs
  • 0.85%Efficiency ratio
  • 94,440Assets per employee
  • 2.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.33%Loss allowance to noncurrent loans
  • 1110.17%Noncurrent assets plus other real estate owned to assets
  • 2.07%Noncurrent loans to loans
  • 0.12%Net loans and leases to deposits
  • 76.74%Net loans and leases to core deposits
  • 89.88%Equity capital to assets
  • 10.04%Core capital (leverage) ratio
  • 10.32%Tier 1 risk-based capital ratio
  • 16.02%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $145,139Average earning assets
  • $12,698Average equity
  • $133,240Average loans

List of branches

  • 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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