First National Bank of Tullahoma in Tullahoma, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 26, 2006

First National Bank of Tullahoma in Tullahoma, Tennessee (TN)
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First National Bank of Tullahoma - Overview

General
FDIC Certificate #: 4969
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Citizens Tri-County Bank (#20818)
Federal Reserve ID: 855134
Date Established: January 11, 1884
WWW: http://www.firstnationaltullahoma.com
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
FDIC's unique #: 3311
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: August 26, 2006
Last Structure Change Process Date: September 21, 2006
Last Data Update: September 21, 2006
Data Source Date: April 05, 2012
Location
Address: 115 North Atlantic Street, Tullahoma, TN 37388
County: Coffee
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): Tullahoma, TN (#46100)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $60.2 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
26Total employees (full-time equivalent)
$60,628Total assets
$3,183Cash and due from depository institutions
$0Interest-bearing balances
$24,712Securities
$3,360Federal funds sold & reverse repurchase agreements
$27,582Net loans & leases
$335Loan loss allowance
$0Trading account assets
$531Bank premises and fixed assets
$161Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,099All other assets
$60,628Total liabilities and capital
$55,010Total liabilities
$49,521Total deposits
$33,887Interest-bearing deposits
$49,521Deposits held in domestic offices
0.00%% insured (estimated)
$5,181Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$308All other liabilities
$5,618Total equity capital
$5,618Total bank equity capital
$5,618Perpetual preferred stock
$0Common stock
$750Surplus
$750Undivided profits
Memoranda
$4,118Noncurrent loans and leases
$7,067Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$4Earning assets
$0Long-term assets (5+ years)
$434Average Assets, year-to-date
$55,654Average Assets, quarterly
$4,148Volatile liabilities
$66,247Insider loans
$62,272FHLB advances
$9,195Loans and leases held for sale
$1,633Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,067Total unused commitments
$0Restructured Loans and leases
$339Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$3,200Total interest income
$866Total interest expense
$2,334Net interest income
$23Provision for loan and lease losses
$611Total noninterest income
$56Fiduciary activities
$274Service charges on deposit accounts
$0Trading account gains & fees
$281Additional noninterest income
$2,626Total noninterest expense
$1,212Salaries and employee benefits
$279Premises and equipment expense
$1,135Additional noninterest expense
$296Pre-tax net operating income
$21Securities gains (losses)
$38Applicable income taxes
$279Income before extraordinary items
$0Extraordinary gains - net
$279Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$17Sale, conversion, retirement of capital stock, net
$50Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.27%Yield on earning assets
1.43%Cost of funding earning assets
3.84%Net interest margin
1.01%Noninterest income to earning assets
4.33%Noninterest expense to earning assets
0.39%Net operating income to assets
0.42%Return on assets (ROA)
0.48%Pretax return on assets
4.98%Return on equity (ROE)
4.08%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
135.29%Credit loss provision to net charge-offs
18.76%Efficiency ratio
89,168Assets per employee
2.33%Cash dividends to net income (YTD only)
Condition Ratios (%)
17.92%Loss allowance to loans
1.20%Loss allowance to noncurrent loans
8375.00%Noncurrent assets plus other real estate owned to assets
0.27%Noncurrent loans to loans
0.01%Net loans and leases to deposits
55.70%Net loans and leases to core deposits
60.61%Equity capital to assets
9.27%Core capital (leverage) ratio
9.29%Tier 1 risk-based capital ratio
16.15%Total risk-based capital ratio
Memoranda
$17Average assets
$66,247Average earning assets
$5,606Average equity
$60,703Average loans

Total Fiduciary and Related Assets (December 31, 2005)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$24,420Managed Assets
1Number of Accounts
$6,637Personal trust and agency accounts
$2,934Employee benefit-defined contribution accounts
$2,954Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$749Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
209Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$17,783Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$17,783Fiduciary accounts held in foreign offices

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