The Bank of Tallassee in Tallassee, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 21, 1998

  • The Bank of Tallassee in Tallassee, Alabama (AL)
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The Bank of Tallassee - Overview

  • General
  • FDIC Certificate #: 1743
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Peoples Bank & Trust Company (#860)
    Federal Reserve ID: 350938
    Date Established: January 01, 1913
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 1155
    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: August 21, 1998
    Last Structure Change Process Date: October 05, 1998
    Last Data Update: October 05, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 304 Barnett Boulevard, Tallassee, AL 36078
    County: Elmore
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Montgomery
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Montgomery, AL (#5240)
    Combined Statistical Area (CSA): Montgomery-Alexander City, AL (#388)
    Core Based Statistical Area (CBSA): Montgomery, AL (#33860)
    CBSA Metro Statistical Area: Montgomery, AL (#33860)
  • Financial Summary
  • Total assets: $90.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 53Total employees (full-time equivalent)
  • $91,685Total assets
  • $2,339Cash and due from depository institutions
  • $0Interest-bearing balances
  • $37,536Securities
  • $2,800Federal funds sold & reverse repurchase agreements
  • $45,912Net loans & leases
  • $682Loan loss allowance
  • $0Trading account assets
  • $644Bank premises and fixed assets
  • $155Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,299All other assets
  • $91,685Total liabilities and capital
  • $77,692Total liabilities
  • $76,512Total deposits
  • $63,374Interest-bearing deposits
  • $76,512Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $500Other borrowed funds
  • $0Subordinated debt
  • $680All other liabilities
  • $13,993Total equity capital
  • $13,993Total bank equity capital
  • $13,993Perpetual preferred stock
  • $0Common stock
  • $42Surplus
  • $1,278Undivided profits
  • Memoranda
  • $12,673Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $107Earning assets
  • $0Long-term assets (5+ years)
  • $502Average Assets, year-to-date
  • $86,248Average Assets, quarterly
  • $10,385Volatile liabilities
  • $90,242Insider loans
  • $91,396FHLB advances
  • $10,685Loans and leases held for sale
  • $1,169Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,543Total unused commitments
  • $0Restructured Loans and leases
  • $50,959Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $7,098Total interest income
  • $2,820Total interest expense
  • $4,278Net interest income
  • $134Provision for loan and lease losses
  • $1,156Total noninterest income
  • $0Fiduciary activities
  • $816Service charges on deposit accounts
  • $0Trading account gains & fees
  • $340Additional noninterest income
  • $3,250Total noninterest expense
  • $1,889Salaries and employee benefits
  • $355Premises and equipment expense
  • $996Additional noninterest expense
  • $2,050Pre-tax net operating income
  • $11Securities gains (losses)
  • $454Applicable income taxes
  • $1,607Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,607Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $134Sale, conversion, retirement of capital stock, net
  • $225Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.43%Yield on earning assets
  • 3.35%Cost of funding earning assets
  • 5.08%Net interest margin
  • 1.37%Noninterest income to earning assets
  • 3.86%Noninterest expense to earning assets
  • 1.77%Net operating income to assets
  • 1.78%Return on assets (ROA)
  • 2.28%Pretax return on assets
  • 12.04%Return on equity (ROE)
  • 10.35%Retained earnings to average equity (YTD only)
  • 0.31%Net charge-offs to loans
  • 100.00%Credit loss provision to net charge-offs
  • 16.30%Efficiency ratio
  • 59,625Assets per employee
  • 1.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 14.00%Loss allowance to loans
  • 1.46%Loss allowance to noncurrent loans
  • 637.38%Noncurrent assets plus other real estate owned to assets
  • 0.29%Noncurrent loans to loans
  • 0.23%Net loans and leases to deposits
  • 60.01%Net loans and leases to core deposits
  • 69.22%Equity capital to assets
  • 15.26%Core capital (leverage) ratio
  • 15.18%Tier 1 risk-based capital ratio
  • 27.30%Total risk-based capital ratio
  • Memoranda
  • $29Average assets
  • $90,242Average earning assets
  • $13,346Average equity
  • $84,149Average loans

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