Colonial Bank of Tennessee in Ardmore, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 16, 1997

Colonial Bank of Tennessee in Ardmore, Tennessee (TN)
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Colonial Bank of Tennessee - Overview

General
FDIC Certificate #: 33866
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Colonial Bank (#9609)
Federal Reserve ID: 2140197
Date Established: December 31, 1993
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
FDIC's unique #: 48174
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: December 31, 1993
Last Structure Change Effective Date: June 16, 1997
Last Structure Change Process Date: June 25, 1997
Last Data Update: June 25, 1997
Data Source Date: April 05, 2012
Location
Address: 212 Main Street, Ardmore, TN 38449
County: Giles
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
Financial Summary
Total assets: $102.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$40Total assets
$97,744Cash and due from depository institutions
$2,730Interest-bearing balances
$0Securities
$20,247Federal funds sold & reverse repurchase agreements
$7,580Net loans & leases
$63,214Loan loss allowance
$954Trading account assets
$0Bank premises and fixed assets
$2,289Other real estate owned
$1Goodwill and other intangibles
$1,237Life insurance assets
$446All other assets
$0Total liabilities and capital
$97,744Total liabilities
$88,197Total deposits
$86,137Interest-bearing deposits
$81,944Deposits held in domestic offices
86137.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$628Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,432Total equity capital
$1,432Total bank equity capital
$9,547Perpetual preferred stock
$0Common stock
$75Surplus
$8,576Undivided profits
Memoranda
$896Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$234Income earned, not collected on loans
$507Earning assets
$91,041Long-term assets (5+ years)
$25,519Average Assets, year-to-date
$94,364Average Assets, quarterly
$96,726Volatile liabilities
$12,209Insider loans
$8FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,416Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$9,084Total risk weighted assets
$48,281Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$6,822Total interest expense
$4,029Net interest income
$2,793Provision for loan and lease losses
$0Total noninterest income
$469Fiduciary activities
$0Service charges on deposit accounts
$356Trading account gains & fees
$0Additional noninterest income
$113Total noninterest expense
$3,219Salaries and employee benefits
$866Premises and equipment expense
$380Additional noninterest expense
$1,973Pre-tax net operating income
$43Securities gains (losses)
$0Applicable income taxes
$16Income before extraordinary items
$27Extraordinary gains - net
$0Net income attributable to bank
$27Net charge-offs
$38Cash dividends
$134Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.73%Cost of funding earning assets
4.56%Net interest margin
3.16%Noninterest income to earning assets
0.53%Noninterest expense to earning assets
3.65%Net operating income to assets
0.03%Return on assets (ROA)
0.03%Pretax return on assets
0.05%Return on equity (ROE)
0.28%Retained earnings to average equity (YTD only)
-1.11%Net charge-offs to loans
0.06%Credit loss provision to net charge-offs
0.00%Efficiency ratio
97,548Assets per employee
2.44%Cash dividends to net income (YTD only)
Condition Ratios (%)
496.30%Loss allowance to loans
1.49%Loss allowance to noncurrent loans
407.69%Noncurrent assets plus other real estate owned to assets
0.24%Noncurrent loans to loans
0.36%Net loans and leases to deposits
73.39%Net loans and leases to core deposits
84.79%Equity capital to assets
9.77%Core capital (leverage) ratio
9.40%Tier 1 risk-based capital ratio
18.81%Total risk-based capital ratio
Memoranda
$20Average assets
$94,364Average earning assets
$9,619Average equity
$88,304Average loans

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