FDIC Certificate #: 22621 Status: Active Federal Reserve ID: 180537 Date Established: March 08, 1978 WWW:http://www.tcnbank.com 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: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 15781 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: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: March 08, 1978 Last Structure Change Effective Date: December 01, 2008 Last Structure Change Process Date: December 30, 2008 Last Data Update: December 30, 2008 Data Source Date: April 05, 2012
Location
Address: 118 Broad Street, Camden, AL 36726 County: Wilcox Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Montgomery Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast
History of Changes
Change in Location
Financial Summary
Total assets: $94.3 mil Equity capital: $12.5 mil Deposits held in domestic offices: $80.9 mil Return on assets (ROA): 1.44% ($1.4 mil) Quarterly return on assets: 1.52% ($1.4 mil) Return on Equity (ROE): 11.22% ($1.5 mil) Quarterly return on equity: 11.45% ($1.5 mil) Net income: $1.3 mil Quarterly Net income: $0.4 mil Pretax return on assets: 1.52% ($1,432.9 mil) Quarterly Pretax return on assets: 1.61% ($1,517.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
31Total employees (full-time equivalent)
$94,268Total assets
$3,195Cash and due from depository institutions
$58Interest-bearing balances
$23,212Securities
$6,275Federal funds sold & reverse repurchase agreements
$55,162Net loans & leases
$2,113Loan loss allowance
$0Trading account assets
$2,184Bank premises and fixed assets
$94Other real estate owned
$0Goodwill and other intangibles
$94,268Life insurance assets
$4,146All other assets
$81,748Total liabilities and capital
$80,907Total liabilities
$71,565Total deposits
$80,907Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$841Subordinated debt
$12,520All other liabilities
$12,520Total equity capital
$12,520Total bank equity capital
$0Perpetual preferred stock
$75Common stock
$675Surplus
$11,770Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$601Income earned, not collected on loans
$0Earning assets
$662Long-term assets (5+ years)
$84,707Average Assets, year-to-date
$20,875Average Assets, quarterly
$93,149Volatile liabilities
$93,329Insider loans
$60,751FHLB advances
$92,743Loans and leases held for sale
$2,436Unused loan commitments
$2,234Tier 1 (core) risk-based capital
$12,482Tier 2 risk-based capital
$202Total risk weighted assets
$0Total unused commitments
$2,477Restructured Loans and leases
$918Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,136Total interest income
$1,039Total interest expense
$4,097Net interest income
$595Provision for loan and lease losses
$762Total noninterest income
$0Fiduciary activities
$578Service charges on deposit accounts
$0Trading account gains & fees
$184Additional noninterest income
$2,851Total noninterest expense
$1,561Salaries and employee benefits
$293Premises and equipment expense
$997Additional noninterest expense
$1,413Pre-tax net operating income
$0Securities gains (losses)
$71Applicable income taxes
$1,342Income before extraordinary items
$0Extraordinary gains - net
$1,342Net income attributable to bank
$0Net charge-offs
$1,342Cash dividends
$105Sale, conversion, retirement of capital stock, net
$352Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.19%Yield on earning assets
1.25%Cost of funding earning assets
4.94%Net interest margin
0.92%Noninterest income to earning assets
3.44%Noninterest expense to earning assets
1.44%Net operating income to assets
1.44%Return on assets (ROA)
1.52%Pretax return on assets
11.22%Return on equity (ROE)
8.28%Retained earnings to average equity (YTD only)
0.18%Net charge-offs to loans
566.67%Credit loss provision to net charge-offs
19.12%Efficiency ratio
58,675Assets per employee
3.04%Cash dividends to net income (YTD only)
Condition Ratios (%)
26.23%Loss allowance to loans
3.69%Loss allowance to noncurrent loans
351.58%Noncurrent assets plus other real estate owned to assets
0.74%Noncurrent loans to loans
1.05%Net loans and leases to deposits
68.18%Net loans and leases to core deposits
75.31%Equity capital to assets
13.28%Core capital (leverage) ratio
13.46%Tier 1 risk-based capital ratio
20.55%Total risk-based capital ratio
Memoranda
$22Average assets
$93,149Average earning assets
$11,957Average equity
$82,920Average loans
List of branches
1 Alabama Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
15781
Town-Country National Bank
118 Broad Street, Camden, AL 36726
March 08, 1978
Full Service Brick and Mortar
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