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

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