Valley Bank in Sweetwater, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 20, 1998

  • Valley Bank in Sweetwater, Tennessee (TN)
  • Show street view No street view available for this location

Valley Bank - Overview

  • General
  • FDIC Certificate #: 9186
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First American National Bank (#4956)
    Federal Reserve ID: 848631
    Date Established: January 01, 1884
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 10 (Interstate: No)
    OTS Docket #: 9478
    FDIC's unique #: 5880
    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: January 01, 1934
    Last Structure Change Effective Date: November 20, 1998
    Last Structure Change Process Date: January 27, 1999
    Last Data Update: January 27, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 401 North Main Street, Sweetwater, TN 37874
    County: Monroe
    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
  • Financial Summary
  • Total assets: $194.8 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
  • 102Total employees (full-time equivalent)
  • $190,597Total assets
  • $7,964Cash and due from depository institutions
  • $100Interest-bearing balances
  • $43,331Securities
  • $4,030Federal funds sold & reverse repurchase agreements
  • $123,303Net loans & leases
  • $1,498Loan loss allowance
  • $0Trading account assets
  • $6,673Bank premises and fixed assets
  • $74Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $5,222All other assets
  • $190,597Total liabilities and capital
  • $174,126Total liabilities
  • $162,921Total deposits
  • $133,602Interest-bearing deposits
  • $162,921Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $825Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $8,000Other borrowed funds
  • $0Subordinated debt
  • $2,380All other liabilities
  • $16,471Total equity capital
  • $16,471Total bank equity capital
  • $16,471Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $3,000Undivided profits
  • Memoranda
  • $12,471Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,996Earning assets
  • $0Long-term assets (5+ years)
  • $1,212Average Assets, year-to-date
  • $170,764Average Assets, quarterly
  • $12,340Volatile liabilities
  • $184,299Insider loans
  • $189,140FHLB advances
  • $24,697Loans and leases held for sale
  • $1,471Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $11,136Total unused commitments
  • $0Restructured Loans and leases
  • $135,101Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $14,202Total interest income
  • $6,252Total interest expense
  • $7,950Net interest income
  • $681Provision for loan and lease losses
  • $1,508Total noninterest income
  • $0Fiduciary activities
  • $945Service charges on deposit accounts
  • $0Trading account gains & fees
  • $563Additional noninterest income
  • $5,768Total noninterest expense
  • $3,108Salaries and employee benefits
  • $928Premises and equipment expense
  • $1,732Additional noninterest expense
  • $3,009Pre-tax net operating income
  • $115Securities gains (losses)
  • $917Applicable income taxes
  • $2,207Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,207Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $345Sale, conversion, retirement of capital stock, net
  • $9,543Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.61%Yield on earning assets
  • 3.79%Cost of funding earning assets
  • 4.82%Net interest margin
  • 0.91%Noninterest income to earning assets
  • 3.50%Noninterest expense to earning assets
  • 1.15%Net operating income to assets
  • 1.20%Return on assets (ROA)
  • 1.70%Pretax return on assets
  • 10.54%Return on equity (ROE)
  • -35.04%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 197.39%Credit loss provision to net charge-offs
  • 10.70%Efficiency ratio
  • 60,985Assets per employee
  • 1.87%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 432.40%Loss allowance to loans
  • 1.20%Loss allowance to noncurrent loans
  • 75.05%Noncurrent assets plus other real estate owned to assets
  • 1.09%Noncurrent loans to loans
  • 1.60%Net loans and leases to deposits
  • 75.68%Net loans and leases to core deposits
  • 83.85%Equity capital to assets
  • 8.64%Core capital (leverage) ratio
  • 8.50%Tier 1 risk-based capital ratio
  • 12.01%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $184,299Average earning assets
  • $20,938Average equity
  • $164,929Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Valley Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents