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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