Volunteer Bank and Trust Company of Hamilton County in Chattanooga, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1999

  • Volunteer Bank and Trust Company of Hamilton County in Chattanooga, Tennessee (TN)
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Volunteer Bank and Trust Company of Hamilton County - Overview

  • General
  • FDIC Certificate #: 24824
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First Volunteer Bank of Tennessee (#10307)
    Federal Reserve ID: 857633
    Date Established: December 02, 1983
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 15552
    FDIC's unique #: 17215
    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: December 02, 1983
    Last Structure Change Effective Date: January 01, 1999
    Last Structure Change Process Date: Febuary 26, 1999
    Last Data Update: April 01, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 728 Broad Street, Chattanooga, TN 37402
    County: Hamilton
    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): Chattanooga, TN-GA (#1560)
    Combined Statistical Area (CSA): Chattanooga-Cleveland-Athens, TN-GA (#174)
    Core Based Statistical Area (CBSA): Chattanooga, TN-GA (#16860)
    CBSA Metro Statistical Area: Chattanooga, TN-GA (#16860)
  • History of Changes
  • Merger - Without Assistance
  • Financial Summary
  • Total assets: $74.8 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, 1998)

  • Dollar figures in thousands
  • 44Total employees (full-time equivalent)
  • $74,788Total assets
  • $3,690Cash and due from depository institutions
  • $0Interest-bearing balances
  • $13,685Securities
  • $1,125Federal funds sold & reverse repurchase agreements
  • $51,132Net loans & leases
  • $545Loan loss allowance
  • $0Trading account assets
  • $4,309Bank premises and fixed assets
  • $327Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $520All other assets
  • $74,788Total liabilities and capital
  • $68,854Total liabilities
  • $67,306Total deposits
  • $57,000Interest-bearing deposits
  • $67,306Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $667Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $881All other liabilities
  • $5,934Total equity capital
  • $5,934Total bank equity capital
  • $5,934Perpetual preferred stock
  • $0Common stock
  • $1,048Surplus
  • $2,307Undivided profits
  • Memoranda
  • $2,579Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $476Earning assets
  • $0Long-term assets (5+ years)
  • $352Average Assets, year-to-date
  • $65,942Average Assets, quarterly
  • $4,973Volatile liabilities
  • $70,043Insider loans
  • $73,273FHLB advances
  • $12,845Loans and leases held for sale
  • $624Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $6,889Total unused commitments
  • $0Restructured Loans and leases
  • $55,437Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $5,950Total interest income
  • $2,522Total interest expense
  • $3,428Net interest income
  • $118Provision for loan and lease losses
  • $1,061Total noninterest income
  • $0Fiduciary activities
  • $541Service charges on deposit accounts
  • $0Trading account gains & fees
  • $520Additional noninterest income
  • $3,067Total noninterest expense
  • $1,842Salaries and employee benefits
  • $549Premises and equipment expense
  • $676Additional noninterest expense
  • $1,304Pre-tax net operating income
  • $7Securities gains (losses)
  • $447Applicable income taxes
  • $864Income before extraordinary items
  • $0Extraordinary gains - net
  • $864Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $112Sale, conversion, retirement of capital stock, net
  • $348Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.50%Yield on earning assets
  • 4.03%Cost of funding earning assets
  • 5.47%Net interest margin
  • 1.69%Noninterest income to earning assets
  • 4.90%Noninterest expense to earning assets
  • 1.23%Net operating income to assets
  • 1.23%Return on assets (ROA)
  • 1.87%Pretax return on assets
  • 15.24%Return on equity (ROE)
  • 9.10%Retained earnings to average equity (YTD only)
  • 0.24%Net charge-offs to loans
  • 108.26%Credit loss provision to net charge-offs
  • 12.70%Efficiency ratio
  • 68,323Assets per employee
  • 1.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.28%Loss allowance to loans
  • 1.05%Loss allowance to noncurrent loans
  • 114.50%Noncurrent assets plus other real estate owned to assets
  • 1.07%Noncurrent loans to loans
  • 0.92%Net loans and leases to deposits
  • 75.97%Net loans and leases to core deposits
  • 92.75%Equity capital to assets
  • 7.93%Core capital (leverage) ratio
  • 8.04%Tier 1 risk-based capital ratio
  • 10.51%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $70,043Average earning assets
  • $5,668Average equity
  • $62,614Average loans

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