FDIC Certificate #: 1692 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:CB&S Bank, Inc. (#15310) Federal Reserve ID: 770330 Date Established: January 01, 1904 WWW:http://www.bankfarmers.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 13911 FDIC's unique #: 1114 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: May 01, 2006 Last Structure Change Process Date: May 17, 2006 Last Data Update: May 17, 2006 Data Source Date: April 05, 2012
Location
Address: 131 South Main Street, Cornersville, TN 37047 County: Marshall 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 Core Based Statistical Area (CBSA): Lewisburg, TN (#30280) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $79.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
32Total employees (full-time equivalent)
$80,992Total assets
$1,318Cash and due from depository institutions
$0Interest-bearing balances
$11,979Securities
$813Federal funds sold & reverse repurchase agreements
$61,229Net loans & leases
$933Loan loss allowance
$0Trading account assets
$2,055Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,598All other assets
$80,992Total liabilities and capital
$72,541Total liabilities
$60,647Total deposits
$52,312Interest-bearing deposits
$60,647Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$11,497Other borrowed funds
$0Subordinated debt
$397All other liabilities
$8,451Total equity capital
$8,451Total bank equity capital
$8,451Perpetual preferred stock
$0Common stock
$1,839Surplus
$1,084Undivided profits
Memoranda
$5,528Noncurrent loans and leases
$3,486Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$902Earning assets
$0Long-term assets (5+ years)
$444Average Assets, year-to-date
$74,021Average Assets, quarterly
$11,843Volatile liabilities
$82,397Insider loans
$81,997FHLB advances
$13,149Loans and leases held for sale
$1,518Unused loan commitments
$11,497Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,486Total unused commitments
$410Restructured Loans and leases
$698Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$4,789Total interest income
$1,963Total interest expense
$2,826Net interest income
$40Provision for loan and lease losses
$551Total noninterest income
$0Fiduciary activities
$331Service charges on deposit accounts
$0Trading account gains & fees
$220Additional noninterest income
$2,799Total noninterest expense
$1,644Salaries and employee benefits
$260Premises and equipment expense
$895Additional noninterest expense
$538Pre-tax net operating income
$8Securities gains (losses)
$135Applicable income taxes
$411Income before extraordinary items
$0Extraordinary gains - net
$411Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$10Sale, conversion, retirement of capital stock, net
$405Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.40%Yield on earning assets
2.62%Cost of funding earning assets
3.77%Net interest margin
0.74%Noninterest income to earning assets
3.74%Noninterest expense to earning assets
0.49%Net operating income to assets
0.50%Return on assets (ROA)
0.66%Pretax return on assets
4.83%Return on equity (ROE)
0.07%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
400.00%Credit loss provision to net charge-offs
57.80%Efficiency ratio
82,884Assets per employee
2.53%Cash dividends to net income (YTD only)
Condition Ratios (%)
98.54%Loss allowance to loans
1.50%Loss allowance to noncurrent loans
103.44%Noncurrent assets plus other real estate owned to assets
1.11%Noncurrent loans to loans
1.45%Net loans and leases to deposits
100.96%Net loans and leases to core deposits
124.05%Equity capital to assets
10.43%Core capital (leverage) ratio
10.41%Tier 1 risk-based capital ratio
15.37%Total risk-based capital ratio
Memoranda
$17Average assets
$82,397Average earning assets
$8,511Average equity
$74,863Average loans
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