The Bank of West Tennessee in Lexington, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 12, 1996

  • The Bank of West Tennessee in Lexington, Tennessee (TN)
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The Bank of West Tennessee - Overview

  • General
  • FDIC Certificate #: 26786
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Bank (#8663)
    Federal Reserve ID: 448853
    Date Established: September 29, 1986
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 35934
    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: September 29, 1986
    Last Structure Change Effective Date: Febuary 12, 1996
    Last Structure Change Process Date: Febuary 21, 1996
    Last Data Update: Febuary 21, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 53 East Church Street, Lexington, TN 38351
    County: Henderson
    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
  • Financial Summary
  • Total assets: $34.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $23Total assets
  • $34,853Cash and due from depository institutions
  • $1,495Interest-bearing balances
  • $0Securities
  • $6,425Federal funds sold & reverse repurchase agreements
  • $4,577Net loans & leases
  • $20,010Loan loss allowance
  • $411Trading account assets
  • $0Bank premises and fixed assets
  • $1,960Other real estate owned
  • $0Goodwill and other intangibles
  • $386Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $34,853Total liabilities
  • $31,611Total deposits
  • $31,240Interest-bearing deposits
  • $27,244Deposits held in domestic offices
  • 31240.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $371Total equity capital
  • $371Total bank equity capital
  • $3,242Perpetual preferred stock
  • $0Common stock
  • $440Surplus
  • $2,426Undivided profits
  • Memoranda
  • $376Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $574Income earned, not collected on loans
  • $206Earning assets
  • $31,012Long-term assets (5+ years)
  • $3,195Average Assets, year-to-date
  • $33,813Average Assets, quarterly
  • $34,312Volatile liabilities
  • $4,980Insider loans
  • $403FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,129Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,238Total risk weighted assets
  • $21,615Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,669Total interest expense
  • $1,276Net interest income
  • $1,393Provision for loan and lease losses
  • $0Total noninterest income
  • $237Fiduciary activities
  • $0Service charges on deposit accounts
  • $175Trading account gains & fees
  • $0Additional noninterest income
  • $62Total noninterest expense
  • $1,315Salaries and employee benefits
  • $609Premises and equipment expense
  • $196Additional noninterest expense
  • $510Pre-tax net operating income
  • $315Securities gains (losses)
  • $0Applicable income taxes
  • $0Income before extraordinary items
  • $315Extraordinary gains - net
  • $0Net income attributable to bank
  • $315Net charge-offs
  • $222Cash dividends
  • $163Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.97%Cost of funding earning assets
  • 4.29%Net interest margin
  • 4.68%Noninterest income to earning assets
  • 0.80%Noninterest expense to earning assets
  • 4.42%Net operating income to assets
  • 0.93%Return on assets (ROA)
  • 0.93%Pretax return on assets
  • 0.93%Return on equity (ROE)
  • 10.12%Retained earnings to average equity (YTD only)
  • 4.88%Net charge-offs to loans
  • 1.06%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 80,675Assets per employee
  • 1.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.75%Loss allowance to loans
  • 2.01%Loss allowance to noncurrent loans
  • 71.60%Noncurrent assets plus other real estate owned to assets
  • 1.65%Noncurrent loans to loans
  • 2.81%Net loans and leases to deposits
  • 64.05%Net loans and leases to core deposits
  • 76.20%Equity capital to assets
  • 9.30%Core capital (leverage) ratio
  • 9.48%Tier 1 risk-based capital ratio
  • 14.98%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $33,813Average earning assets
  • $3,112Average equity
  • $29,745Average loans

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