The Farmers Bank of Lynchburg in Lynchburg, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Farmers Bank of Lynchburg - Overview

  • General
  • FDIC Certificate #: 1690
    Status: Active
    Federal Reserve ID: 164032
    Bank Holding Company (Regulatory Top Holder): Farmers Bancorp, Inc. (RSSDID: 3218413, Location: Lynchburg, TN)
    Date Established: April 25, 1888
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 1112
    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: January 01, 1934
    Last Structure Change Effective Date: June 01, 2010
    Last Structure Change Process Date: June 01, 2010
    Last Data Update: June 01, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 71 Mechanic St. South, Lynchburg, TN 37352
    County: Moore
    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
    Core Based Statistical Area (CBSA): Tullahoma, TN (#46100)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $158.8 mil
    Equity capital: $7.6 mil
    Deposits held in domestic offices: $150.5 mil
    Return on assets (ROA): -7.71% (-$12.3 mil)
    Quarterly return on assets: -1.93% (-$3.1 mil)
    Return on Equity (ROE): -88.17% (-$7.1 mil)
    Quarterly return on equity: -38.71% (-$3.1 mil)
    Net income: -$13.9 mil
    Quarterly Net income: -$0.8 mil
    Pretax return on assets: -3.10% (-$4,924.0 mil)
    Quarterly Pretax return on assets: -3.12% (-$4,955.8 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
  • 29Total employees (full-time equivalent)
  • $158,839Total assets
  • $20,226Cash and due from depository institutions
  • $11,860Interest-bearing balances
  • $10,847Securities
  • $1,610Federal funds sold & reverse repurchase agreements
  • $104,299Net loans & leases
  • $4,812Loan loss allowance
  • $0Trading account assets
  • $9,407Bank premises and fixed assets
  • $1,925Other real estate owned
  • $2,807Goodwill and other intangibles
  • $158,839Life insurance assets
  • $7,718All other assets
  • $151,243Total liabilities and capital
  • $150,465Total liabilities
  • $130,021Total deposits
  • $150,465Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $25Trading liabilities
  • $0Other borrowed funds
  • $753Subordinated debt
  • $7,596All other liabilities
  • $7,596Total equity capital
  • $7,596Total bank equity capital
  • $0Perpetual preferred stock
  • $2,000Common stock
  • $28,012Surplus
  • $-22,416Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,733Income earned, not collected on loans
  • $0Earning assets
  • $603Long-term assets (5+ years)
  • $128,616Average Assets, year-to-date
  • $14,451Average Assets, quarterly
  • $181,008Volatile liabilities
  • $160,596Insider loans
  • $113,338FHLB advances
  • $158,097Loans and leases held for sale
  • $5,108Unused loan commitments
  • $3,521Tier 1 (core) risk-based capital
  • $4,202Tier 2 risk-based capital
  • $1,006Total risk weighted assets
  • $581Total unused commitments
  • $4,140Restructured Loans and leases
  • $82Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,015Total interest income
  • $1,730Total interest expense
  • $5,285Net interest income
  • $3,550Provision for loan and lease losses
  • $739Total noninterest income
  • $0Fiduciary activities
  • $394Service charges on deposit accounts
  • $0Trading account gains & fees
  • $345Additional noninterest income
  • $8,078Total noninterest expense
  • $2,475Salaries and employee benefits
  • $1,115Premises and equipment expense
  • $4,488Additional noninterest expense
  • -$5,604Pre-tax net operating income
  • $0Securities gains (losses)
  • $8,345Applicable income taxes
  • -$13,949Income before extraordinary items
  • $0Extraordinary gains - net
  • -$13,949Net income attributable to bank
  • $0Net charge-offs
  • -$13,949Cash dividends
  • $4,219Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.79%Yield on earning assets
  • 1.18%Cost of funding earning assets
  • 3.61%Net interest margin
  • 0.50%Noninterest income to earning assets
  • 5.52%Noninterest expense to earning assets
  • -7.71%Net operating income to assets
  • -7.71%Return on assets (ROA)
  • -3.10%Pretax return on assets
  • -88.17%Return on equity (ROE)
  • -88.17%Retained earnings to average equity (YTD only)
  • 3.48%Net charge-offs to loans
  • 84.14%Credit loss provision to net charge-offs
  • -0.49%Efficiency ratio
  • 117,795Assets per employee
  • 5.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.41%Loss allowance to noncurrent loans
  • 49.44%Noncurrent assets plus other real estate owned to assets
  • 7.34%Noncurrent loans to loans
  • 8.92%Net loans and leases to deposits
  • 69.32%Net loans and leases to core deposits
  • 71.66%Equity capital to assets
  • 4.78%Core capital (leverage) ratio
  • 2.66%Tier 1 risk-based capital ratio
  • 3.71%Total risk-based capital ratio
  • Memoranda
  • $5Average assets
  • $181,008Average earning assets
  • $15,820Average equity
  • $146,457Average loans

Total Fiduciary and Related Assets (December 31, 2004)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $2Managed Assets
  • 1Number of Accounts
  • $2Personal trust and agency accounts
  • $2Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 5 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01112The Farmers Bank Of Lynchburg71 Mechanic St. South, Lynchburg, TN 37352April 25, 1888Full Service Brick and Mortar
    1419151Lynchburg Lpo504 North Jackson Street, Suite 101, Tullahoma, TN 37388June 15, 2003Limited Service Loan Production
    26611Oakland Deposit Bank Branch6280 Highway 64, Oakland, TN 38060March 05, 1905Full Service Brick and Mortar
    4360451Somerville Branch16814 Highway 64, Somerville, TN 38068March 27, 2001Full Service Brick and Mortar
    61569First State Branch118 S. Horton Pkwy,, Chapel Hill, TN 37034October 03, 1931Full Service Brick and Mortar

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