Twin City Federal Savings Bank in Bristol, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 20, 2000

  • Twin City Federal Savings Bank in Bristol, Tennessee (TN)
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Twin City Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 31042
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Citizens Bank (#14851)
    Federal Reserve ID: 604275
    Date Established: August 08, 1958
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 6300
    FDIC's unique #: 43876
    Numeric code: 33
    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: August 08, 1958
    Last Structure Change Effective Date: November 20, 2000
    Last Structure Change Process Date: Febuary 22, 2001
    Last Data Update: Febuary 22, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: State And Edgemont Avenue, Bristol, TN 37621
    County: Sullivan
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Knoxville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Johnson City-Kingsport-Bristol, TN-VA (#3660)
    Combined Statistical Area (CSA): Johnson City-Kingsport-Bristol (Tri-Cities), TN-VA (#304)
    Core Based Statistical Area (CBSA): Kingsport-Bristol-Bristol, TN-VA (#28700)
    CBSA Metro Statistical Area: Kingsport-Bristol-Bristol, TN-VA (#28700)
  • Financial Summary
  • Total assets: $124.0 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 51Total employees (full-time equivalent)
  • $116,231Total assets
  • $5,256Cash and due from depository institutions
  • $3,850Interest-bearing balances
  • $17,075Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $87,526Net loans & leases
  • $215Loan loss allowance
  • $0Trading account assets
  • $3,570Bank premises and fixed assets
  • $7Other real estate owned
  • $1,346Goodwill and other intangibles
  • $0Life insurance assets
  • $1,451All other assets
  • $116,231Total liabilities and capital
  • $103,497Total liabilities
  • $92,610Total deposits
  • $88,256Interest-bearing deposits
  • $92,610Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $9,209Other borrowed funds
  • $0Subordinated debt
  • $1,678All other liabilities
  • $12,734Total equity capital
  • $12,734Total bank equity capital
  • $12,734Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $6,165Undivided profits
  • Memoranda
  • $6,469Noncurrent loans and leases
  • $5,350Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $208Earning assets
  • $0Long-term assets (5+ years)
  • $72Average Assets, year-to-date
  • $108,451Average Assets, quarterly
  • $0Volatile liabilities
  • $116,247Insider loans
  • $119,464FHLB advances
  • $24,974Loans and leases held for sale
  • $0Unused loan commitments
  • $8,850Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,350Total unused commitments
  • $0Restructured Loans and leases
  • $215Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $8,793Total interest income
  • $4,269Total interest expense
  • $4,524Net interest income
  • $85Provision for loan and lease losses
  • $451Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $451Additional noninterest income
  • $3,338Total noninterest expense
  • $2,097Salaries and employee benefits
  • $727Premises and equipment expense
  • $514Additional noninterest expense
  • $1,552Pre-tax net operating income
  • $480Securities gains (losses)
  • $806Applicable income taxes
  • $1,226Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,226Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $64Sale, conversion, retirement of capital stock, net
  • $1,003Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.12%Yield on earning assets
  • 3.94%Cost of funding earning assets
  • 4.18%Net interest margin
  • 0.42%Noninterest income to earning assets
  • 3.08%Noninterest expense to earning assets
  • 0.79%Net operating income to assets
  • 1.05%Return on assets (ROA)
  • 1.75%Pretax return on assets
  • 9.45%Return on equity (ROE)
  • 1.72%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 132.81%Credit loss provision to net charge-offs
  • 25.58%Efficiency ratio
  • 67,095Assets per employee
  • 2.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 81.81%Loss allowance to loans
  • 0.25%Loss allowance to noncurrent loans
  • 103.37%Noncurrent assets plus other real estate owned to assets
  • 0.18%Noncurrent loans to loans
  • 0.24%Net loans and leases to deposits
  • 94.51%Net loans and leases to core deposits
  • 113.90%Equity capital to assets
  • 10.96%Core capital (leverage) ratio
  • 11.28%Tier 1 risk-based capital ratio
  • 14.11%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $116,247Average earning assets
  • $12,971Average equity
  • $108,325Average loans

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