Tallahatchie County Bank in Charleston, Mississippi (MS)



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Tallahatchie County Bank routing number info

Table of contents:
Tallahatchie County Bank
GeneralFDIC Certificate #: 16567
Status: Active
Federal Reserve ID: 6141
Bank Holding Company (Regulatory Top Holder): Tallahatchie Holding Company (RSSDID: 1099775, Location: Charleston, MS)
Date Established: November 11, 1913
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Domestic: 1, Interstate: No)
FDIC's unique #: 10714
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: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: April 22, 1947
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 2 East Main Street, Charleston, MS 38921
County: Tallahatchie
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: West
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $62.7 mil
Equity capital: $5.0 mil
Deposits held in domestic offices: $57.5 mil
Return on assets (ROA): 0.62% ($0.4 mil)
Quarterly return on assets: 0.70% ($0.4 mil)
Return on Equity (ROE): 7.17% ($0.4 mil)
Quarterly return on equity: 8.45% ($0.4 mil)
Net income: $0.4 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.71% ($445.0 mil)
Quarterly Pretax return on assets: 0.80% ($501.5 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)11
Total assets$62,682
Cash and due from depository institutions$7,563
Interest-bearing balances$0
Securities$16,818
Federal funds sold & reverse repurchase agreements$14,250
Net loans & leases$23,158
Loan loss allowance $402
Trading account assets$0
Bank premises and fixed assets$167
Other real estate owned$170
Goodwill and other intangibles$0
All other assets$556
Life insurance assets$62,682
Total liabilities and capital$57,644
Total liabilities$57,524
Total deposits$33,442
Interest-bearing deposits$57,524
Deposits held in domestic offices$89
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $120
All other liabilities $5,038
Total equity capital$5,038
Total bank equity capital$5,038
Perpetual preferred stock$0
Common stock$400
Surplus$4,000
Undivided profits $638
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $360
Earning assets $0
Long-term assets (5+ years) $394
Average Assets, year-to-date $54,226
Average Assets, quarterly $19,888
Volatile liabilities $56,879
Insider loans $60,812
FHLB advances $30,680
Loans and leases held for sale $60,740
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $5,017
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,542
Derivatives$109
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,928
Total interest expense $349
Net interest income $1,579
Provision for loan and lease losses $160
Total noninterest income $231
Fiduciary activities $0
Service charges on deposit accounts $205
Trading account gains & fees $0
Additional noninterest income $26
Total noninterest expense $1,248
Salaries and employee benefits $606
Premises and equipment expense $99
Additional noninterest expense $543
Pre-tax net operating income $402
Securities gains (losses) $0
Applicable income taxes $49
Income before extraordinary items $353
Extraordinary gains - net $0
Net income attributable to bank $353
Net charge-offs $0
Cash dividends $353
Sale, conversion, retirement of capital stock, net $101
Net operating income $120
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets3.84%
Cost of funding earning assets 0.69%
Net interest margin 3.14%
Noninterest income to earning assets 0.46%
Noninterest expense to earning assets 2.48%
Net operating income to assets 0.62%
Return on assets (ROA) 0.62%
Pretax return on assets 0.71%
Return on equity (ROE) 7.17%
Retained earnings to average equity (YTD only) 4.74%
Net charge-offs to loans 0.43%
Credit loss provision to net charge-offs 158.42%
Efficiency ratio5.56%
Assets per employee$68,950
Cash dividends to net income (YTD only)5.70%
Condition Ratios (%)
Loss allowance to loans 33.99%
Loss allowance to noncurrent loans 1.71%
Noncurrent assets plus other real estate owned to assets 111.67%
Noncurrent loans to loans 0.85%
Net loans and leases to deposits1.53%
Net loans and leases to core deposits 40.26%
Equity capital to assets 44.45%
Core capital (leverage) ratio 8.04%
Tier 1 risk-based capital ratio 8.26%
Total risk-based capital ratio 16.35%
Memoranda
Average assets$18
Average earning assets$56,879
Average equity $4,920
Average loans $50,239
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1 Mississippi Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
010714Tallahatchie County Bank2 East Main Street, Charleston, MS 38921November 11, 1913Full Service Brick and Mortar
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