Bank of Commerce in city_name, state_name - Detailed Financial Reports, Location

Bank of Commerce in Woodbury, Tennessee (TN)
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Bank of Commerce - Overview

General
FDIC Certificate #: 15834
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Union Planters Bank, National Association (#4979)
Federal Reserve ID: 525138
Date Established: July 01, 1941
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
OTS Docket #: 11463
FDIC's unique #: 10075
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: July 01, 1941
Last Structure Change Effective Date: January 01, 1998
Last Structure Change Process Date: January 26, 1998
Last Data Update: January 26, 1998
Data Source Date: April 05, 2012
Location
Address: 200 Public Square, Woodbury, TN 37190
County: Cannon
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Nashville
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Combined Statistical Area (CSA): Nashville-Davidson-Murfreesboro-Columbia, TN (#400)
Core Based Statistical Area (CBSA): Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
CBSA Metro Statistical Area: Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
Financial Summary
Total assets: $80.4 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
36Total employees (full-time equivalent)
$80,388Total assets
$2,331Cash and due from depository institutions
$0Interest-bearing balances
$13,809Securities
$0Federal funds sold & reverse repurchase agreements
$60,465Net loans & leases
$881Loan loss allowance
$0Trading account assets
$1,310Bank premises and fixed assets
$0Other real estate owned
$1,379Goodwill and other intangibles
$0Life insurance assets
$1,094All other assets
$80,388Total liabilities and capital
$73,803Total liabilities
$70,257Total deposits
$57,809Interest-bearing deposits
$70,257Deposits held in domestic offices
0.00%% insured (estimated)
$2,900Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$646All other liabilities
$6,585Total equity capital
$6,585Total bank equity capital
$6,585Perpetual preferred stock
$0Common stock
$1,000Surplus
$4,025Undivided profits
Memoranda
$1,560Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$249Earning assets
$0Long-term assets (5+ years)
$505Average Assets, year-to-date
$74,274Average Assets, quarterly
$27,745Volatile liabilities
$80,112Insider loans
$80,516FHLB advances
$11,461Loans and leases held for sale
$387Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,974Total unused commitments
$0Restructured Loans and leases
$50,158Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$6,544Total interest income
$2,568Total interest expense
$3,976Net interest income
$288Provision for loan and lease losses
$825Total noninterest income
$0Fiduciary activities
$483Service charges on deposit accounts
$0Trading account gains & fees
$342Additional noninterest income
$2,314Total noninterest expense
$1,172Salaries and employee benefits
$273Premises and equipment expense
$869Additional noninterest expense
$2,199Pre-tax net operating income
$0Securities gains (losses)
$772Applicable income taxes
$1,427Income before extraordinary items
$0Extraordinary gains - net
$1,427Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$127Sale, conversion, retirement of capital stock, net
$1,882Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.92%Yield on earning assets
3.50%Cost of funding earning assets
5.42%Net interest margin
1.12%Noninterest income to earning assets
3.15%Noninterest expense to earning assets
1.78%Net operating income to assets
1.78%Return on assets (ROA)
2.74%Pretax return on assets
21.14%Return on equity (ROE)
-6.74%Retained earnings to average equity (YTD only)
0.22%Net charge-offs to loans
226.77%Credit loss provision to net charge-offs
19.58%Efficiency ratio
45,241Assets per employee
2.23%Cash dividends to net income (YTD only)
Condition Ratios (%)
131.89%Loss allowance to loans
1.44%Loss allowance to noncurrent loans
353.82%Noncurrent assets plus other real estate owned to assets
0.31%Noncurrent loans to loans
0.41%Net loans and leases to deposits
86.06%Net loans and leases to core deposits
98.00%Equity capital to assets
8.19%Core capital (leverage) ratio
6.42%Tier 1 risk-based capital ratio
10.14%Total risk-based capital ratio
Memoranda
$11Average assets
$80,112Average earning assets
$6,752Average equity
$73,367Average loans

Bank of Commerce in Woodbury, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Commerce - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

Bank of Commerce in Woodbury, Tennessee (TN)Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Commerce - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

Bank of Commerce in Woodbury, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches