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- Banks in Tennessee (TN)
- The Middle Tennessee Bank
The Middle Tennessee Bank in Columbia, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of October 01, 1998
- The Middle Tennessee Bank in Columbia, Tennessee (TN)
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The Middle Tennessee Bank - Overview
- General
- FDIC Certificate #: 2395
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First American National Bank (#4956)
Federal Reserve ID: 766436
Date Established: December 01, 1930
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Interstate: No)
OTS Docket #: 9653
FDIC's unique #: 1575
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: October 01, 1998
Last Structure Change Process Date: October 20, 1998
Last Data Update: October 20, 1998
Data Source Date: April 05, 2012 - Location
- Address: 700 North Garden Street, Columbia, TN 38401
County: Maury
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
Combined Statistical Area (CSA): Nashville-Davidson-Murfreesboro-Columbia, TN (#400)
Core Based Statistical Area (CBSA): Columbia, TN (#17940)
CBSA Micro Statistical Area: Yes - Financial Summary
- Total assets: $224.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
- Dollar figures in thousands
- 101Total employees (full-time equivalent)
- $216,615Total assets
- $9,271Cash and due from depository institutions
- $166Interest-bearing balances
- $103,878Securities
- $1,500Federal funds sold & reverse repurchase agreements
- $94,759Net loans & leases
- $1,441Loan loss allowance
- $0Trading account assets
- $4,911Bank premises and fixed assets
- $0Other real estate owned
- $0Goodwill and other intangibles
- $0Life insurance assets
- $2,296All other assets
- $216,615Total liabilities and capital
- $186,523Total liabilities
- $182,441Total deposits
- $161,874Interest-bearing deposits
- $182,441Deposits held in domestic offices
- 0.00%% insured (estimated)
- $0Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $2,303Other borrowed funds
- $0Subordinated debt
- $1,779All other liabilities
- $30,092Total equity capital
- $30,092Total bank equity capital
- $30,092Perpetual preferred stock
- $0Common stock
- $1,500Surplus
- $1,500Undivided profits
- Memoranda
- $27,092Noncurrent loans and leases
- $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $2,323Earning assets
- $0Long-term assets (5+ years)
- $1,000Average Assets, year-to-date
- $200,303Average Assets, quarterly
- $63,580Volatile liabilities
- $217,754Insider loans
- $216,831FHLB advances
- $20,962Loans and leases held for sale
- $248Unused loan commitments
- $0Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $0Total risk weighted assets
- $9,768Total unused commitments
- $0Restructured Loans and leases
- $98,537Derivatives
Income and Expense (December 31, 1997)
- Dollar figures in thousands
- $16,279Total interest income
- $7,230Total interest expense
- $9,049Net interest income
- $537Provision for loan and lease losses
- $1,072Total noninterest income
- $0Fiduciary activities
- $587Service charges on deposit accounts
- $0Trading account gains & fees
- $485Additional noninterest income
- $6,473Total noninterest expense
- $3,162Salaries and employee benefits
- $1,912Premises and equipment expense
- $1,399Additional noninterest expense
- $3,111Pre-tax net operating income
- -$47Securities gains (losses)
- $1,063Applicable income taxes
- $2,001Income before extraordinary items
- $0Extraordinary gains - net
- $2,001Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- $311Sale, conversion, retirement of capital stock, net
- $690Net operating income
Performance and Condition Ratios (December 31, 1997)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 8.08%Yield on earning assets
- 3.59%Cost of funding earning assets
- 4.49%Net interest margin
- 0.53%Noninterest income to earning assets
- 3.21%Noninterest expense to earning assets
- 0.93%Net operating income to assets
- 0.92%Return on assets (ROA)
- 1.41%Pretax return on assets
- 6.87%Return on equity (ROE)
- 4.50%Retained earnings to average equity (YTD only)
- 0.35%Net charge-offs to loans
- 172.67%Credit loss provision to net charge-offs
- 11.73%Efficiency ratio
- 63,956Assets per employee
- 2.14%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 34.48%Loss allowance to loans
- 1.50%Loss allowance to noncurrent loans
- 62.03%Noncurrent assets plus other real estate owned to assets
- 1.07%Noncurrent loans to loans
- 2.41%Net loans and leases to deposits
- 51.94%Net loans and leases to core deposits
- 58.68%Equity capital to assets
- 13.89%Core capital (leverage) ratio
- 13.26%Tier 1 risk-based capital ratio
- 29.41%Total risk-based capital ratio
- Memoranda
- $31Average assets
- $217,754Average earning assets
- $29,108Average equity
- $201,421Average loans
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- Banks in Tennessee (TN)
- The Middle Tennessee Bank
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