Union Planters Bank of Southwest Tennessee in Somerville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1998

  • Union Planters Bank of Southwest Tennessee in Somerville, Tennessee (TN)
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Union Planters Bank of Southwest Tennessee - Overview

  • General
  • FDIC Certificate #: 19393
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Union Planters Bank, National Association (#4979)
    Federal Reserve ID: 528951
    Date Established: March 15, 1965
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 13629
    FDIC's unique #: 13198
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: March 15, 1965
    Last Structure Change Effective Date: January 01, 1998
    Last Structure Change Process Date: January 22, 1998
    Last Data Update: January 24, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 205 East Fayette Street, Somerville, TN 38068
    County: Fayette
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Memphis
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Memphis, TN-AR-MS (#4920)
    Core Based Statistical Area (CBSA): Memphis, TN-MS-AR (#32820)
    CBSA Metro Statistical Area: Memphis, TN-MS-AR (#32820)
  • Financial Summary
  • Total assets: $89.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 35Total employees (full-time equivalent)
  • $89,199Total assets
  • $2,843Cash and due from depository institutions
  • $100Interest-bearing balances
  • $15,345Securities
  • $11,950Federal funds sold & reverse repurchase agreements
  • $54,555Net loans & leases
  • $437Loan loss allowance
  • $0Trading account assets
  • $2,311Bank premises and fixed assets
  • $365Other real estate owned
  • $255Goodwill and other intangibles
  • $0Life insurance assets
  • $1,575All other assets
  • $89,199Total liabilities and capital
  • $82,835Total liabilities
  • $81,009Total deposits
  • $72,980Interest-bearing deposits
  • $81,009Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,035Other borrowed funds
  • $0Subordinated debt
  • $791All other liabilities
  • $6,364Total equity capital
  • $6,364Total bank equity capital
  • $6,364Perpetual preferred stock
  • $0Common stock
  • $150Surplus
  • $2,099Undivided profits
  • Memoranda
  • $4,115Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $795Earning assets
  • $0Long-term assets (5+ years)
  • $910Average Assets, year-to-date
  • $81,950Average Assets, quarterly
  • $12,223Volatile liabilities
  • $91,675Insider loans
  • $90,658FHLB advances
  • $15,116Loans and leases held for sale
  • $460Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,601Total unused commitments
  • $0Restructured Loans and leases
  • $56,109Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $7,434Total interest income
  • $4,006Total interest expense
  • $3,428Net interest income
  • $837Provision for loan and lease losses
  • $607Total noninterest income
  • $0Fiduciary activities
  • $450Service charges on deposit accounts
  • $0Trading account gains & fees
  • $157Additional noninterest income
  • $2,950Total noninterest expense
  • $1,284Salaries and employee benefits
  • $481Premises and equipment expense
  • $1,185Additional noninterest expense
  • $248Pre-tax net operating income
  • -$117Securities gains (losses)
  • $277Applicable income taxes
  • -$146Income before extraordinary items
  • $0Extraordinary gains - net
  • -$146Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,059Sale, conversion, retirement of capital stock, net
  • $384Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.02%Yield on earning assets
  • 4.86%Cost of funding earning assets
  • 4.16%Net interest margin
  • 0.74%Noninterest income to earning assets
  • 3.58%Noninterest expense to earning assets
  • -0.08%Net operating income to assets
  • -0.16%Return on assets (ROA)
  • 0.14%Pretax return on assets
  • -2.20%Return on equity (ROE)
  • -7.97%Retained earnings to average equity (YTD only)
  • 1.86%Net charge-offs to loans
  • 79.04%Credit loss provision to net charge-offs
  • 1.02%Efficiency ratio
  • 72,441Assets per employee
  • 2.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -263.01%Loss allowance to loans
  • 0.79%Loss allowance to noncurrent loans
  • 54.97%Noncurrent assets plus other real estate owned to assets
  • 1.30%Noncurrent loans to loans
  • 1.45%Net loans and leases to deposits
  • 67.34%Net loans and leases to core deposits
  • 82.79%Equity capital to assets
  • 7.13%Core capital (leverage) ratio
  • 6.73%Tier 1 risk-based capital ratio
  • 10.78%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $91,675Average earning assets
  • $6,650Average equity
  • $82,447Average loans

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