FDIC Certificate #: 4949 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Bank (#8663) Federal Reserve ID: 79136 Date Established: January 01, 1901 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 3292 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: August 27, 1999 Last Structure Change Process Date: September 16, 1999 Last Data Update: September 16, 1999 Data Source Date: April 05, 2012
Location
Address: Main Street, Linden, TN 37096 County: Perry 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
Financial Summary
Total assets: $42.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
14Total employees (full-time equivalent)
$39,418Total assets
$2,079Cash and due from depository institutions
$0Interest-bearing balances
$11,236Securities
$7,750Federal funds sold & reverse repurchase agreements
$17,409Net loans & leases
$543Loan loss allowance
$0Trading account assets
$461Bank premises and fixed assets
$69Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$414All other assets
$39,418Total liabilities and capital
$33,040Total liabilities
$32,747Total deposits
$26,167Interest-bearing deposits
$32,747Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$293All other liabilities
$6,378Total equity capital
$6,378Total bank equity capital
$6,378Perpetual preferred stock
$0Common stock
$50Surplus
$300Undivided profits
Memoranda
$6,028Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$325Earning assets
$47Long-term assets (5+ years)
$155Average Assets, year-to-date
$36,395Average Assets, quarterly
$2,372Volatile liabilities
$40,002Insider loans
$39,734FHLB advances
$2,247Loans and leases held for sale
$98Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$19,049Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$2,907Total interest income
$1,143Total interest expense
$1,764Net interest income
$55Provision for loan and lease losses
$152Total noninterest income
$0Fiduciary activities
$127Service charges on deposit accounts
$0Trading account gains & fees
$25Additional noninterest income
$1,195Total noninterest expense
$685Salaries and employee benefits
$124Premises and equipment expense
$386Additional noninterest expense
$666Pre-tax net operating income
$0Securities gains (losses)
$222Applicable income taxes
$444Income before extraordinary items
$0Extraordinary gains - net
$444Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$66Sale, conversion, retirement of capital stock, net
$27Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.79%Yield on earning assets
3.06%Cost of funding earning assets
4.73%Net interest margin
0.41%Noninterest income to earning assets
3.20%Noninterest expense to earning assets
1.11%Net operating income to assets
1.11%Return on assets (ROA)
1.66%Pretax return on assets
7.18%Return on equity (ROE)
6.75%Retained earnings to average equity (YTD only)
0.36%Net charge-offs to loans
83.33%Credit loss provision to net charge-offs
10.92%Efficiency ratio
62,370Assets per employee
2.82%Cash dividends to net income (YTD only)
Condition Ratios (%)
6.08%Loss allowance to loans
3.02%Loss allowance to noncurrent loans
167.08%Noncurrent assets plus other real estate owned to assets
1.00%Noncurrent loans to loans
1.81%Net loans and leases to deposits
53.16%Net loans and leases to core deposits
57.08%Equity capital to assets
16.18%Core capital (leverage) ratio
16.14%Tier 1 risk-based capital ratio
33.35%Total risk-based capital ratio
Memoranda
$35Average assets
$40,002Average earning assets
$6,181Average equity
$37,315Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First State Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: