Traditions First Bank in Erin, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Traditions First Bank in Erin, Tennessee (TN)
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Traditions First Bank - Overview

  • General
  • FDIC Certificate #: 57092
    Status: Active
    Federal Reserve ID: 2963864
    Date Established: November 30, 2000
    WWW: http://www.traditionsfirst.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 357250
    Numeric code: 21
    Regulator: FDIC
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: November 30, 2000
    Last Structure Change Effective Date: September 06, 2007
    Last Structure Change Process Date: September 06, 2007
    Last Data Update: September 06, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 5745 East Main Street, Erin, TN 37061
    County: Houston
    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
  • Financial Summary
  • Total assets: $109.8 mil
    Equity capital: $10.5 mil
    Deposits held in domestic offices: $93.9 mil
    Return on assets (ROA): 0.90% ($1.0 mil)
    Quarterly return on assets: 0.90% ($1.0 mil)
    Return on Equity (ROE): 9.49% ($1.0 mil)
    Quarterly return on equity: 9.40% ($1.0 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.30% ($1,427.1 mil)
    Quarterly Pretax return on assets: 1.25% ($1,372.2 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
  • 27Total employees (full-time equivalent)
  • $109,775Total assets
  • $2,028Cash and due from depository institutions
  • $1,715Interest-bearing balances
  • $21,795Securities
  • $8,956Federal funds sold & reverse repurchase agreements
  • $70,910Net loans & leases
  • $924Loan loss allowance
  • $0Trading account assets
  • $3,817Bank premises and fixed assets
  • $188Other real estate owned
  • $0Goodwill and other intangibles
  • $109,774Life insurance assets
  • $2,081All other assets
  • $99,243Total liabilities and capital
  • $93,946Total liabilities
  • $85,425Total deposits
  • $93,946Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,471Trading liabilities
  • $0Other borrowed funds
  • $826Subordinated debt
  • $10,531All other liabilities
  • $10,531Total equity capital
  • $10,531Total bank equity capital
  • $0Perpetual preferred stock
  • $768Common stock
  • $5,922Surplus
  • $3,841Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $314Income earned, not collected on loans
  • $0Earning assets
  • $517Long-term assets (5+ years)
  • $103,376Average Assets, year-to-date
  • $10,684Average Assets, quarterly
  • $104,720Volatile liabilities
  • $108,927Insider loans
  • $78,720FHLB advances
  • $109,339Loans and leases held for sale
  • $456Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,047Tier 2 risk-based capital
  • $456Total risk weighted assets
  • $0Total unused commitments
  • $8,580Restructured Loans and leases
  • $679Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,120Total interest income
  • $1,304Total interest expense
  • $3,816Net interest income
  • $115Provision for loan and lease losses
  • $462Total noninterest income
  • $0Fiduciary activities
  • $334Service charges on deposit accounts
  • $0Trading account gains & fees
  • $128Additional noninterest income
  • $2,842Total noninterest expense
  • $1,357Salaries and employee benefits
  • $353Premises and equipment expense
  • $1,132Additional noninterest expense
  • $1,321Pre-tax net operating income
  • $39Securities gains (losses)
  • $413Applicable income taxes
  • $947Income before extraordinary items
  • $0Extraordinary gains - net
  • $947Net income attributable to bank
  • $0Net charge-offs
  • $947Cash dividends
  • $67Sale, conversion, retirement of capital stock, net
  • $421Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.24%Yield on earning assets
  • 1.33%Cost of funding earning assets
  • 3.90%Net interest margin
  • 0.47%Noninterest income to earning assets
  • 2.91%Noninterest expense to earning assets
  • 0.88%Net operating income to assets
  • 0.90%Return on assets (ROA)
  • 1.30%Pretax return on assets
  • 9.49%Return on equity (ROE)
  • 5.27%Retained earnings to average equity (YTD only)
  • 0.09%Net charge-offs to loans
  • 171.64%Credit loss provision to net charge-offs
  • 21.43%Efficiency ratio
  • 66,433Assets per employee
  • 4.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 44.46%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 294.27%Noncurrent assets plus other real estate owned to assets
  • 0.46%Noncurrent loans to loans
  • 0.44%Net loans and leases to deposits
  • 75.48%Net loans and leases to core deposits
  • 82.26%Equity capital to assets
  • 9.59%Core capital (leverage) ratio
  • 9.19%Tier 1 risk-based capital ratio
  • 12.76%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $104,720Average earning assets
  • $9,977Average equity
  • $97,747Average loans

List of branches

  • 3 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0357250Traditions First Bank5745 East Main Street, Erin, TN 37061November 30, 2000Full Service Brick and Mortar
    1462628Traditions First Bank404 East College Street, Suite K, Dickson, TN 37055March 15, 2007Limited Service Loan Production
    2463530Dickson Branch500 Henslee Drive, Dickson, TN 37055June 04, 2007Full Service Brick and Mortar

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