FDIC Certificate #: 4937 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Regions Bank (#12368) Federal Reserve ID: 296933 Date Established: March 07, 1907 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 3281 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: May 09, 2000 Last Structure Change Process Date: July 27, 2000 Last Data Update: July 27, 2000 Data Source Date: April 05, 2012
Location
Address: Main Street, Huntland, TN 37345 County: Franklin Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Atlanta FDIC Field Office: Nashville Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Core Based Statistical Area (CBSA): Tullahoma, TN (#46100) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $24.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
11Total employees (full-time equivalent)
$25,091Total assets
$1,967Cash and due from depository institutions
$705Interest-bearing balances
$1,764Securities
$542Federal funds sold & reverse repurchase agreements
$19,093Net loans & leases
$287Loan loss allowance
$0Trading account assets
$973Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$752All other assets
$25,091Total liabilities and capital
$22,029Total liabilities
$21,269Total deposits
$18,559Interest-bearing deposits
$21,269Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$760All other liabilities
$3,062Total equity capital
$3,062Total bank equity capital
$3,062Perpetual preferred stock
$0Common stock
$25Surplus
$150Undivided profits
Memoranda
$2,887Noncurrent loans and leases
$63Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$105Earning assets
$0Long-term assets (5+ years)
$374Average Assets, year-to-date
$22,104Average Assets, quarterly
$910Volatile liabilities
$25,573Insider loans
$25,499FHLB advances
$2,786Loans and leases held for sale
$753Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$63Total unused commitments
$0Restructured Loans and leases
$257Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$2,304Total interest income
$812Total interest expense
$1,492Net interest income
$30Provision for loan and lease losses
$376Total noninterest income
$0Fiduciary activities
$93Service charges on deposit accounts
$0Trading account gains & fees
$283Additional noninterest income
$1,298Total noninterest expense
$430Salaries and employee benefits
$189Premises and equipment expense
$679Additional noninterest expense
$540Pre-tax net operating income
$3Securities gains (losses)
$233Applicable income taxes
$310Income before extraordinary items
$14Extraordinary gains - net
$324Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$46Sale, conversion, retirement of capital stock, net
$250Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
10.17%Yield on earning assets
3.58%Cost of funding earning assets
6.58%Net interest margin
1.66%Noninterest income to earning assets
5.73%Noninterest expense to earning assets
1.20%Net operating income to assets
1.27%Return on assets (ROA)
2.18%Pretax return on assets
10.21%Return on equity (ROE)
2.33%Retained earnings to average equity (YTD only)
0.24%Net charge-offs to loans
65.22%Credit loss provision to net charge-offs
12.39%Efficiency ratio
69,486Assets per employee
2.28%Cash dividends to net income (YTD only)
Condition Ratios (%)
77.16%Loss allowance to loans
1.48%Loss allowance to noncurrent loans
273.33%Noncurrent assets plus other real estate owned to assets
0.42%Noncurrent loans to loans
0.54%Net loans and leases to deposits
89.77%Net loans and leases to core deposits
103.30%Equity capital to assets
12.20%Core capital (leverage) ratio
11.57%Tier 1 risk-based capital ratio
16.03%Total risk-based capital ratio
Memoranda
$17Average assets
$25,573Average earning assets
$3,174Average equity
$22,666Average loans
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