Tryon Federal Savings and Loan Association in Tryon, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1996

  • Tryon Federal Savings and Loan Association in Tryon, North Carolina (NC)
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Tryon Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 29565
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: HomeTrust Bank (#27677)
    Federal Reserve ID: 512277
    Date Established: November 23, 1935
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 3674
    FDIC's unique #: 42399
    Numeric code: 38
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: November 23, 1935
    Last Structure Change Effective Date: October 01, 1996
    Last Structure Change Process Date: November 25, 1996
    Last Data Update: November 25, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 109 South Trade Street, Tryon, NC 28782
    County: Polk
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Charlotte
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
  • Financial Summary
  • Total assets: $118.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $21Total assets
  • $114,008Cash and due from depository institutions
  • $9,767Interest-bearing balances
  • $5,310Securities
  • $26,568Federal funds sold & reverse repurchase agreements
  • $500Net loans & leases
  • $75,220Loan loss allowance
  • $350Trading account assets
  • $0Bank premises and fixed assets
  • $581Other real estate owned
  • $33Goodwill and other intangibles
  • $1,339Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $114,008Total liabilities
  • $103,496Total deposits
  • $102,205Interest-bearing deposits
  • $101,058Deposits held in domestic offices
  • 102205.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,291Total equity capital
  • $1,291Total bank equity capital
  • $10,512Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $10,512Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $251Income earned, not collected on loans
  • $0Earning assets
  • $107,598Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $108,798Average Assets, quarterly
  • $113,194Volatile liabilities
  • $19,809Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,060Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $10,498Total risk weighted assets
  • $49,803Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,381Total interest expense
  • $4,770Net interest income
  • $2,611Provision for loan and lease losses
  • $119Total noninterest income
  • $314Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $314Total noninterest expense
  • $1,829Salaries and employee benefits
  • $1,022Premises and equipment expense
  • $142Additional noninterest expense
  • $665Pre-tax net operating income
  • $977Securities gains (losses)
  • $0Applicable income taxes
  • $354Income before extraordinary items
  • $623Extraordinary gains - net
  • $0Net income attributable to bank
  • $623Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.15%Cost of funding earning assets
  • 4.62%Net interest margin
  • 2.53%Noninterest income to earning assets
  • 0.30%Noninterest expense to earning assets
  • 1.77%Net operating income to assets
  • 0.57%Return on assets (ROA)
  • 0.57%Pretax return on assets
  • 0.90%Return on equity (ROE)
  • 6.12%Retained earnings to average equity (YTD only)
  • 6.12%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 62,530Assets per employee
  • 5.43%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.46%Loss allowance to noncurrent loans
  • 139.44%Noncurrent assets plus other real estate owned to assets
  • 0.25%Noncurrent loans to loans
  • 0.33%Net loans and leases to deposits
  • 73.60%Net loans and leases to core deposits
  • 91.29%Equity capital to assets
  • 9.22%Core capital (leverage) ratio
  • 9.21%Tier 1 risk-based capital ratio
  • 21.08%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $108,798Average earning assets
  • $10,188Average equity
  • $103,198Average loans

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