Central Bank in city_name, state_name - Detailed Financial Reports, Location

Central Bank in Savannah, Tennessee (TN)
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Central Bank - Overview

General
FDIC Certificate #: 31545
Status: Active
Federal Reserve ID: 265676
Date Established: June 30, 1967
WWW: http://www.centralbanksavannah.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
OTS Docket #: 7159
FDIC's unique #: 44379
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: June 30, 1967
Last Structure Change Effective Date: Febuary 24, 2011
Last Structure Change Process Date: Febuary 24, 2011
Last Data Update: Febuary 24, 2011
Data Source Date: April 05, 2012
Location
Address: 485 Wayne Road, Savannah, TN 38372
County: Hardin
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
History of Changes
Change in Location
Financial Summary
Total assets: $169.9 mil
Equity capital: $14.2 mil
Deposits held in domestic offices: $144.0 mil
Return on assets (ROA): -0.54% (-$0.9 mil)
Quarterly return on assets: -4.46% (-$7.6 mil)
Return on Equity (ROE): -6.00% (-$0.8 mil)
Quarterly return on equity: -50.41% (-$7.1 mil)
Net income: -$0.9 mil
Quarterly Net income: -$1.9 mil
Pretax return on assets: -0.92% (-$1,563.1 mil)
Quarterly Pretax return on assets: -7.28% (-$12,368.9 mil)

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

2000 - 2011 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, 2011)

Dollar figures in thousands
56Total employees (full-time equivalent)
$169,902Total assets
$3,810Cash and due from depository institutions
$836Interest-bearing balances
$14,238Securities
$408Federal funds sold & reverse repurchase agreements
$137,774Net loans & leases
$5,361Loan loss allowance
$0Trading account assets
$3,563Bank premises and fixed assets
$4,249Other real estate owned
$0Goodwill and other intangibles
$169,901Life insurance assets
$5,860All other assets
$155,715Total liabilities and capital
$144,041Total liabilities
$122,665Total deposits
$144,041Interest-bearing deposits
$93Deposits held in domestic offices
1097.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$8,841Trading liabilities
$0Other borrowed funds
$1,736Subordinated debt
$14,186All other liabilities
$14,186Total equity capital
$14,186Total bank equity capital
$0Perpetual preferred stock
$164Common stock
$1,356Surplus
$12,666Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$8,598Income earned, not collected on loans
$0Earning assets
$1,310Long-term assets (5+ years)
$153,256Average Assets, year-to-date
$11,807Average Assets, quarterly
$172,367Volatile liabilities
$172,105Insider loans
$138,719FHLB advances
$172,077Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$13,734Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$5,497Restructured Loans and leases
$1,697Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$9,142Total interest income
$2,499Total interest expense
$6,643Net interest income
$4,190Provision for loan and lease losses
$1,253Total noninterest income
$0Fiduciary activities
$1,116Service charges on deposit accounts
$0Trading account gains & fees
$137Additional noninterest income
$5,437Total noninterest expense
$2,945Salaries and employee benefits
$721Premises and equipment expense
$1,771Additional noninterest expense
-$1,731Pre-tax net operating income
$150Securities gains (losses)
-$658Applicable income taxes
-$923Income before extraordinary items
$0Extraordinary gains - net
-$923Net income attributable to bank
$0Net charge-offs
-$923Cash dividends
$351Sale, conversion, retirement of capital stock, net
$161Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.82%Yield on earning assets
1.59%Cost of funding earning assets
4.23%Net interest margin
0.80%Noninterest income to earning assets
3.46%Noninterest expense to earning assets
-0.59%Net operating income to assets
-0.54%Return on assets (ROA)
-0.92%Pretax return on assets
-6.00%Return on equity (ROE)
-7.05%Retained earnings to average equity (YTD only)
0.25%Net charge-offs to loans
1193.73%Credit loss provision to net charge-offs
7.01%Efficiency ratio
68,858Assets per employee
3.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
-17.44%Loss allowance to loans
3.75%Loss allowance to noncurrent loans
62.35%Noncurrent assets plus other real estate owned to assets
8.59%Noncurrent loans to loans
6.01%Net loans and leases to deposits
95.65%Net loans and leases to core deposits
102.55%Equity capital to assets
8.35%Core capital (leverage) ratio
7.98%Tier 1 risk-based capital ratio
9.90%Total risk-based capital ratio
Memoranda
$11Average assets
$172,367Average earning assets
$15,385Average equity
$157,206Average loans

Total Fiduciary and Related Assets (December 31, 2001)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$1,207Managed Assets
1Number of Accounts
$1,207Personal trust and agency accounts
$1,207Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
271Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

3 Tennessee Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	44379	Central Bank	485 Wayne Road, Savannah, TN 38372	June 30, 1967	Full Service Brick and Mortar
100	285199	East Main Street Branch	436 East Main Street, Adamsville, TN 38310	June 30, 1967	Full Service Brick and Mortar
101	438924	Counce Branch	Highway 57 South, Counce, TN 38326	Febuary 14, 2005	Full Service Brick and Mortar

Central Bank in Savannah, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Central Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2001)

List of branches

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

Central Bank in Savannah, Tennessee (TN)Overview, Financial Summary, Detailed Financial Reports, Branches

Central Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2001)

List of branches

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

Central Bank in Savannah, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches