First Bank of Tennessee in city_name, state_name - Detailed Financial Reports, Location

First Bank of Tennessee in Spring City, Tennessee (TN)
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First Bank of Tennessee routing number info

First Bank of Tennessee - Overview

General
FDIC Certificate #: 10693
Status: Active
Federal Reserve ID: 724230
Date Established: January 01, 1890
WWW: http://www.firstbanktn.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Domestic: 6, Interstate: No)
OTS Docket #: 15815
FDIC's unique #: 6860
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: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 369 Front Street, Spring City, TN 37381
County: Rhea
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Knoxville
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $226.4 mil
Equity capital: $22.5 mil
Deposits held in domestic offices: $198.6 mil
Return on assets (ROA): 1.31% ($3.0 mil)
Quarterly return on assets: 1.18% ($2.7 mil)
Return on Equity (ROE): 13.77% ($3.2 mil)
Quarterly return on equity: 12.05% ($2.8 mil)
Net income: $3.0 mil
Quarterly Net income: $0.7 mil
Pretax return on assets: 1.41% ($3,192.8 mil)
Quarterly Pretax return on assets: 1.25% ($2,830.5 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
68Total employees (full-time equivalent)
$226,443Total assets
$8,127Cash and due from depository institutions
$2,195Interest-bearing balances
$18,182Securities
$700Federal funds sold & reverse repurchase agreements
$185,333Net loans & leases
$2,816Loan loss allowance
$0Trading account assets
$3,186Bank premises and fixed assets
$4,204Other real estate owned
$0Goodwill and other intangibles
$226,443Life insurance assets
$6,711All other assets
$203,894Total liabilities and capital
$198,604Total liabilities
$168,492Total deposits
$198,604Interest-bearing deposits
$94Deposits held in domestic offices
333.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$3,212Trading liabilities
$0Other borrowed funds
$1,745Subordinated debt
$22,549All other liabilities
$22,549Total equity capital
$22,549Total bank equity capital
$0Perpetual preferred stock
$915Common stock
$915Surplus
$20,719Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$7,602Income earned, not collected on loans
$0Earning assets
$906Long-term assets (5+ years)
$206,410Average Assets, year-to-date
$81,508Average Assets, quarterly
$225,525Volatile liabilities
$228,042Insider loans
$169,996FHLB advances
$228,267Loans and leases held for sale
$3,204Unused loan commitments
$1,603Tier 1 (core) risk-based capital
$22,009Tier 2 risk-based capital
$0Total risk weighted assets
$1,601Total unused commitments
$14,094Restructured Loans and leases
$2,977Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$12,565Total interest income
$2,008Total interest expense
$10,557Net interest income
$1,750Provision for loan and lease losses
$1,779Total noninterest income
$0Fiduciary activities
$882Service charges on deposit accounts
$0Trading account gains & fees
$897Additional noninterest income
$7,415Total noninterest expense
$3,698Salaries and employee benefits
$1,068Premises and equipment expense
$2,649Additional noninterest expense
$3,171Pre-tax net operating income
$4Securities gains (losses)
$215Applicable income taxes
$2,960Income before extraordinary items
$0Extraordinary gains - net
$2,960Net income attributable to bank
$0Net charge-offs
$2,960Cash dividends
$1,654Sale, conversion, retirement of capital stock, net
$1,623Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.09%Yield on earning assets
0.97%Cost of funding earning assets
5.12%Net interest margin
0.86%Noninterest income to earning assets
3.59%Noninterest expense to earning assets
1.31%Net operating income to assets
1.31%Return on assets (ROA)
1.41%Pretax return on assets
13.77%Return on equity (ROE)
6.22%Retained earnings to average equity (YTD only)
0.90%Net charge-offs to loans
105.80%Credit loss provision to net charge-offs
2.98%Efficiency ratio
60,109Assets per employee
3.33%Cash dividends to net income (YTD only)
Condition Ratios (%)
54.83%Loss allowance to loans
1.50%Loss allowance to noncurrent loans
37.04%Noncurrent assets plus other real estate owned to assets
5.21%Noncurrent loans to loans
4.04%Net loans and leases to deposits
93.32%Net loans and leases to core deposits
96.64%Equity capital to assets
9.96%Core capital (leverage) ratio
9.64%Tier 1 risk-based capital ratio
12.95%Total risk-based capital ratio
Memoranda
$14Average assets
$225,525Average earning assets
$21,500Average equity
$206,282Average loans

List of branches

6 Tennessee Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	6860	First Bank Of Tennessee	369 Front Street, Spring City, TN 37381	January 01, 1890	Full Service Brick and Mortar
2	222896	Dayton Branch	Third Avenue And Railroad Street, Dayton, TN 37321	January 20, 1975	Full Service Brick and Mortar
3	357172	Rockwood Branch	996 North Gateway Avenue, Rockwood, TN 37854	August 01, 1999	Full Service Brick and Mortar
4	360399	South Roane Street Branch	1031 South Roane Street, Harriman, TN 37748	June 04, 2001	Full Service Brick and Mortar
5	432675	South Dayton Branch	3001 Highway 27, Dayton, TN 37321	October 25, 2004	Full Service Brick and Mortar
6	14916	Peoples Bank Of Polk County Branch	U.S. Highway 411, Benton, TN 37307	May 04, 1974	Full Service Brick and Mortar

First Bank of Tennessee in Spring City, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank of Tennessee - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First Bank of Tennessee in Spring City, Tennessee (TN)Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank of Tennessee - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First Bank of Tennessee in Spring City, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches