Town & Country Bank in Salem, Missouri (MO)
| Town & Country Bank | |
|---|---|
| General | FDIC Certificate #: 13071 Status: Active Federal Reserve ID: 487357 Bank Holding Company (Regulatory Top Holder): Town & Country Bancshares, Inc (RSSDID: 1095722, Location: Salem, MO) Date Established: January 01, 1894 WWW: http://www.tcbanks.com Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 11 (Domestic: 11, Interstate: No) OTS Docket #: 12740 FDIC's unique #: 8262 Numeric code: 13 Regulator: FED 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: Yes Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: April 08, 2009 Last Structure Change Process Date: April 24, 2009 Last Data Update: April 24, 2009 Data Source Date: April 05, 2012 |
| Location | Address: 1009 East Highway 32/72, Salem, MO 65560 County: Dent Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Springfield Mo Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West |
| History of Changes | Corrections Change in Primary Regulatory Agency Change in Supervisory Agency Institution Becomes a Member of FRS (Federal Reserve System) |
| Financial Summary | Total assets: $519.3 mil Equity capital: $57.7 mil Deposits held in domestic offices: $444.9 mil Return on assets (ROA): 1.57% ($8.1 mil) Quarterly return on assets: 1.54% ($8.0 mil) Return on Equity (ROE): 14.31% ($8.3 mil) Quarterly return on equity: 13.80% ($8.0 mil) Net income: $8.1 mil Quarterly Net income: $2.0 mil Pretax return on assets: 1.57% ($8,152.6 mil) Quarterly Pretax return on assets: 1.54% ($7,996.9 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 153 |
| Total assets | $519,276 |
| Cash and due from depository institutions | $37,532 |
| Interest-bearing balances | $29,232 |
| Securities | $89,038 |
| Federal funds sold & reverse repurchase agreements | $5,673 |
| Net loans & leases | $358,078 |
| Loan loss allowance | $5,247 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $13,785 |
| Other real estate owned | $1,520 |
| Goodwill and other intangibles | $4,803 |
| All other assets | $8,847 |
| Life insurance assets | $519,276 |
| Total liabilities and capital | $461,539 |
| Total liabilities | $444,914 |
| Total deposits | $390,886 |
| Interest-bearing deposits | $444,914 |
| Deposits held in domestic offices | $88 |
| % insured (estimated) | 7507.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $7,500 |
| Other borrowed funds | $0 |
| Subordinated debt | $1,618 |
| All other liabilities | $57,737 |
| Total equity capital | $57,737 |
| Total bank equity capital | $57,737 |
| Perpetual preferred stock | $0 |
| Common stock | $150 |
| Surplus | $20,764 |
| Undivided profits | $36,823 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $434 |
| Income earned, not collected on loans | $1,503 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $2,479 |
| Average Assets, year-to-date | $482,021 |
| Average Assets, quarterly | $193,075 |
| Volatile liabilities | $513,450 |
| Insider loans | $518,713 |
| FHLB advances | $288,524 |
| Loans and leases held for sale | $515,170 |
| Unused loan commitments | $2,805 |
| Tier 1 (core) risk-based capital | $2,805 |
| Tier 2 risk-based capital | $49,812 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $20,685 |
| Derivatives | $6,247 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $23,827 |
| Total interest expense | $5,069 |
| Net interest income | $18,758 |
| Provision for loan and lease losses | $861 |
| Total noninterest income | $3,002 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $1,400 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $1,602 |
| Total noninterest expense | $12,840 |
| Salaries and employee benefits | $7,816 |
| Premises and equipment expense | $1,546 |
| Additional noninterest expense | $3,478 |
| Pre-tax net operating income | $8,059 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $8,059 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $8,059 |
| Net charge-offs | $0 |
| Cash dividends | $8,059 |
| Sale, conversion, retirement of capital stock, net | $617 |
| Net operating income | $6,211 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.99% |
| Cost of funding earning assets | 1.06% |
| Net interest margin | 3.93% |
| Noninterest income to earning assets | 0.63% |
| Noninterest expense to earning assets | 2.69% |
| Net operating income to assets | 1.57% |
| Return on assets (ROA) | 1.57% |
| Pretax return on assets | 1.57% |
| Return on equity (ROE) | 14.31% |
| Retained earnings to average equity (YTD only) | 3.28% |
| Net charge-offs to loans | 0.17% |
| Credit loss provision to net charge-offs | 139.55% |
| Efficiency ratio | 14.46% |
| Assets per employee | $58,837 |
| Cash dividends to net income (YTD only) | 3.39% |
| Condition Ratios (%) | |
| Loss allowance to loans | 77.07% |
| Loss allowance to noncurrent loans | 1.44% |
| Noncurrent assets plus other real estate owned to assets | 349.10% |
| Noncurrent loans to loans | 0.58% |
| Net loans and leases to deposits | 0.41% |
| Net loans and leases to core deposits | 80.48% |
| Equity capital to assets | 84.74% |
| Core capital (leverage) ratio | 11.12% |
| Tier 1 risk-based capital ratio | 9.67% |
| Total risk-based capital ratio | 17.26% |
| Memoranda | |
| Average assets | $19 |
| Average earning assets | $513,450 |
| Average equity | $56,319 |
| Average loans | $477,038 |
| 11 Missouri Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 8262 | Town & Country Bank | 1009 East Highway 32/72, Salem, MO 65560 | January 01, 1894 | Full Service Brick and Mortar |  |
| 5 | 5467 | Bourbon Branch | Main Street, Bourbon, MO 65441 | August 20, 1904 | Full Service Brick and Mortar |  |
| 6 | 218728 | St. James Branch | 325 North Jefferson, St. James, MO 65559 | April 10, 1995 | Full Service Brick and Mortar | |
| 7 | 218729 | Rolla Branch | 910 South Bishop, Rolla, MO 65401 | May 10, 1999 | Full Service Brick and Mortar | |
| 8 | 7763 | Licking Branch | Main Street, Licking, MO 65542 | October 30, 1924 | Full Service Brick and Mortar | |
| 9 | 360760 | Scenic Rivers Blvd. Branch | 400 West Scenic Rivers Boulevard, Salem, MO 65560 | October 23, 2000 | Full Service Brick and Mortar | |
| 11 | 423040 | Rolla North Bishop Branch | 1804 North Bishop, Rolla, MO 65401 | August 06, 2003 | Full Service Brick and Mortar | |
| 12 | 5293 | 400 South Jefferson Street Branch | 400 South Jefferson Street, Ava, MO 65608 | July 05, 1905 | Full Service Brick and Mortar | |
| 13 | 218258 | Ava Branch | Highways 5 And 14, Ava, MO 65608 | September 17, 1984 | Limited Service Facility | |
| 14 | 218259 | Mountain Grove Branch | 910 North Main, Mountain Grove, MO 65711 | September 28, 1992 | Full Service Brick and Mortar | |
| 15 | 510791 | Pevely Bank Branch | 1645 State Ro Z, Pevely, MO 63070 | July 26, 2010 | Full Service Brick and Mortar | |
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