FDIC Certificate #: 9961 Status: Inactive Federal Reserve ID: 632353 Date Established: January 01, 1902 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 10558 FDIC's unique #: 6367 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: November 08, 2002 Last Structure Change Process Date: November 21, 2002 Last Data Update: November 21, 2002 Data Source Date: April 05, 2012
Location
Address: 9 North Bells Street, Alamo, TN 38001 County: Crockett 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
History of Changes
Financial Difficulty - Payoff
Financial Summary
Total assets: $58.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
23Total employees (full-time equivalent)
$79,203Total assets
$993Cash and due from depository institutions
$360Interest-bearing balances
$6,082Securities
$10,298Federal funds sold & reverse repurchase agreements
$58,811Net loans & leases
$1,011Loan loss allowance
$0Trading account assets
$673Bank premises and fixed assets
$45Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,301All other assets
$79,203Total liabilities and capital
$73,120Total liabilities
$64,784Total deposits
$59,484Interest-bearing deposits
$64,784Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$8,082Other borrowed funds
$0Subordinated debt
$254All other liabilities
$6,083Total equity capital
$6,083Total bank equity capital
$6,083Perpetual preferred stock
$0Common stock
$115Surplus
$475Undivided profits
Memoranda
$5,493Noncurrent loans and leases
$2,331Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$5,162Earning assets
$317Long-term assets (5+ years)
$1,080Average Assets, year-to-date
$75,551Average Assets, quarterly
$7,101Volatile liabilities
$81,652Insider loans
$81,411FHLB advances
$11,588Loans and leases held for sale
$68Unused loan commitments
$4,582Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,331Total unused commitments
$13Restructured Loans and leases
$815Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$6,360Total interest income
$3,674Total interest expense
$2,686Net interest income
$1,092Provision for loan and lease losses
$385Total noninterest income
$0Fiduciary activities
$319Service charges on deposit accounts
$0Trading account gains & fees
$66Additional noninterest income
$1,963Total noninterest expense
$897Salaries and employee benefits
$307Premises and equipment expense
$759Additional noninterest expense
$16Pre-tax net operating income
$327Securities gains (losses)
$64Applicable income taxes
$279Income before extraordinary items
$0Extraordinary gains - net
$279Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$809Sale, conversion, retirement of capital stock, net
$1,512Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.26%Yield on earning assets
4.77%Cost of funding earning assets
3.49%Net interest margin
0.50%Noninterest income to earning assets
2.55%Noninterest expense to earning assets
0.02%Net operating income to assets
0.34%Return on assets (ROA)
0.42%Pretax return on assets
4.13%Return on equity (ROE)
-18.23%Retained earnings to average equity (YTD only)
1.34%Net charge-offs to loans
134.98%Credit loss provision to net charge-offs
1.37%Efficiency ratio
63,921Assets per employee
3.44%Cash dividends to net income (YTD only)
Condition Ratios (%)
541.94%Loss allowance to loans
1.69%Loss allowance to noncurrent loans
19.59%Noncurrent assets plus other real estate owned to assets
6.57%Noncurrent loans to loans
8.63%Net loans and leases to deposits
90.78%Net loans and leases to core deposits
110.56%Equity capital to assets
7.68%Core capital (leverage) ratio
7.28%Tier 1 risk-based capital ratio
9.38%Total risk-based capital ratio
Memoranda
$11Average assets
$81,652Average earning assets
$6,763Average equity
$76,989Average loans
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