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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