American Fidelity Bank in Alcoa, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 31, 1996

American Fidelity Bank in Alcoa, Tennessee (TN)
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American Fidelity Bank - Overview

General
FDIC Certificate #: 22461
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: GreenBank (#895)
Federal Reserve ID: 930237
Date Established: May 09, 1977
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 15656
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: May 09, 1977
Last Structure Change Effective Date: October 31, 1996
Last Structure Change Process Date: January 16, 1997
Last Data Update: January 16, 1997
Data Source Date: April 05, 2012
Location
Address: Calderwood And Joule Streets, Alcoa, TN 37701
County: Blount
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): Knoxville, TN (#3840)
Combined Statistical Area (CSA): Knoxville-Sevierville-La Follette, TN (#314)
Core Based Statistical Area (CBSA): Knoxville, TN (#28940)
CBSA Metro Statistical Area: Knoxville, TN (#28940)
Financial Summary
Total assets: $83.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$49Total assets
$78,790Cash and due from depository institutions
$1,799Interest-bearing balances
$0Securities
$15,106Federal funds sold & reverse repurchase agreements
$3,400Net loans & leases
$54,419Loan loss allowance
$659Trading account assets
$0Bank premises and fixed assets
$1,255Other real estate owned
$122Goodwill and other intangibles
$2,650Life insurance assets
$39All other assets
$0Total liabilities and capital
$78,790Total liabilities
$71,944Total deposits
$70,919Interest-bearing deposits
$64,476Deposits held in domestic offices
70919.00%% insured (estimated)
$94Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,025Total equity capital
$1,025Total bank equity capital
$6,846Perpetual preferred stock
$0Common stock
$1,186Surplus
$3,173Undivided profits
Memoranda
$2,487Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$25Income earned, not collected on loans
$376Earning assets
$72,925Long-term assets (5+ years)
$3,276Average Assets, year-to-date
$72,176Average Assets, quarterly
$77,333Volatile liabilities
$11,419Insider loans
$840FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$4,587Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,503Total risk weighted assets
$57,776Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$6,320Total interest expense
$3,215Net interest income
$3,105Provision for loan and lease losses
$219Total noninterest income
$476Fiduciary activities
$0Service charges on deposit accounts
$286Trading account gains & fees
$0Additional noninterest income
$190Total noninterest expense
$2,457Salaries and employee benefits
$1,312Premises and equipment expense
$348Additional noninterest expense
$797Pre-tax net operating income
$905Securities gains (losses)
$1Applicable income taxes
$181Income before extraordinary items
$725Extraordinary gains - net
$0Net income attributable to bank
$725Net charge-offs
$95Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.52%Cost of funding earning assets
4.84%Net interest margin
4.68%Noninterest income to earning assets
0.72%Noninterest expense to earning assets
3.70%Net operating income to assets
1.00%Return on assets (ROA)
1.00%Pretax return on assets
1.26%Return on equity (ROE)
11.34%Retained earnings to average equity (YTD only)
11.34%Net charge-offs to loans
0.19%Credit loss provision to net charge-offs
230.53%Efficiency ratio
68,389Assets per employee
1.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.20%Loss allowance to noncurrent loans
2636.00%Noncurrent assets plus other real estate owned to assets
0.03%Noncurrent loans to loans
0.05%Net loans and leases to deposits
76.73%Net loans and leases to core deposits
91.46%Equity capital to assets
8.69%Core capital (leverage) ratio
8.44%Tier 1 risk-based capital ratio
11.26%Total risk-based capital ratio
Memoranda
$12Average assets
$72,176Average earning assets
$6,392Average equity
$66,373Average loans

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