The First National Bank of Manchester in Manchester, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

The First National Bank of Manchester - Overview

  • General
  • FDIC Certificate #: 4951
    Status: Active
    Federal Reserve ID: 290230
    Bank Holding Company (Regulatory Top Holder): Fcb Corporation (RSSDID: 1085488, Location: Manchester, TN)
    Date Established: January 01, 1900
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 9274
    FDIC's unique #: 3294
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    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
  • Location
  • Address: 100 West High Street, Manchester, TN 37355
    County: Coffee
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $218.3 mil
    Equity capital: $25.9 mil
    Deposits held in domestic offices: $186.1 mil
    Return on assets (ROA): 1.02% ($2.2 mil)
    Quarterly return on assets: 1.19% ($2.6 mil)
    Return on Equity (ROE): 8.53% ($2.2 mil)
    Quarterly return on equity: 9.92% ($2.6 mil)
    Net income: $2.1 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.56% ($3,404.9 mil)
    Quarterly Pretax return on assets: 2.00% ($4,365.3 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
  • 59Total employees (full-time equivalent)
  • $218,265Total assets
  • $24,933Cash and due from depository institutions
  • $14,625Interest-bearing balances
  • $65,854Securities
  • $1,440Federal funds sold & reverse repurchase agreements
  • $112,203Net loans & leases
  • $1,789Loan loss allowance
  • $0Trading account assets
  • $3,179Bank premises and fixed assets
  • $803Other real estate owned
  • $0Goodwill and other intangibles
  • $218,265Life insurance assets
  • $9,853All other assets
  • $192,413Total liabilities and capital
  • $186,107Total liabilities
  • $151,388Total deposits
  • $186,107Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,384Trading liabilities
  • $0Other borrowed funds
  • $2,922Subordinated debt
  • $25,852All other liabilities
  • $25,852Total equity capital
  • $25,852Total bank equity capital
  • $0Perpetual preferred stock
  • $250Common stock
  • $4,250Surplus
  • $21,352Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,467Income earned, not collected on loans
  • $0Earning assets
  • $965Long-term assets (5+ years)
  • $194,122Average Assets, year-to-date
  • $18,975Average Assets, quarterly
  • $209,454Volatile liabilities
  • $214,445Insider loans
  • $125,807FHLB advances
  • $214,801Loans and leases held for sale
  • $3,998Unused loan commitments
  • $3,998Tier 1 (core) risk-based capital
  • $25,487Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,610Restructured Loans and leases
  • $55Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,565Total interest income
  • $1,743Total interest expense
  • $6,822Net interest income
  • $308Provision for loan and lease losses
  • $1,525Total noninterest income
  • $0Fiduciary activities
  • $738Service charges on deposit accounts
  • $0Trading account gains & fees
  • $787Additional noninterest income
  • $4,815Total noninterest expense
  • $2,735Salaries and employee benefits
  • $860Premises and equipment expense
  • $1,220Additional noninterest expense
  • $3,224Pre-tax net operating income
  • $46Securities gains (losses)
  • $1,135Applicable income taxes
  • $2,135Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,135Net income attributable to bank
  • $0Net charge-offs
  • $2,135Cash dividends
  • $250Sale, conversion, retirement of capital stock, net
  • $728Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.62%Yield on earning assets
  • 0.94%Cost of funding earning assets
  • 3.68%Net interest margin
  • 0.82%Noninterest income to earning assets
  • 2.60%Noninterest expense to earning assets
  • 1.01%Net operating income to assets
  • 1.02%Return on assets (ROA)
  • 1.56%Pretax return on assets
  • 8.53%Return on equity (ROE)
  • 5.62%Retained earnings to average equity (YTD only)
  • 0.22%Net charge-offs to loans
  • 123.20%Credit loss provision to net charge-offs
  • 14.13%Efficiency ratio
  • 57,685Assets per employee
  • 3.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 34.10%Loss allowance to loans
  • 1.57%Loss allowance to noncurrent loans
  • 51.60%Noncurrent assets plus other real estate owned to assets
  • 1.96%Noncurrent loans to loans
  • 3.04%Net loans and leases to deposits
  • 60.29%Net loans and leases to core deposits
  • 66.38%Equity capital to assets
  • 11.84%Core capital (leverage) ratio
  • 11.87%Tier 1 risk-based capital ratio
  • 20.26%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $209,454Average earning assets
  • $25,028Average equity
  • $185,353Average loans

List of branches

  • 4 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03294The First National Bank Of Mancheste100 West High Street, Manchester, TN 37355January 01, 1900Full Service Brick and Mortar
    1205704Hillsboro Road Branch1814 Hillsboro Blvd, Manchester, TN 37355December 01, 1967Full Service Brick and Mortar
    317954Woodbury Branch801 West Main Street, Woodbury, TN 37190October 07, 1903Full Service Brick and Mortar
    4492508Murfreesboro Branch2230 Mercury Blvd, Murfreesboro, TN 37130December 17, 2008Full Service Brick and Mortar

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