First State Bank in city_name, state_name - Detailed Financial Reports, Location

First State Bank in Franklin, Tennessee (TN)
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First State Bank - Overview

General
FDIC Certificate #: 6105
Status: Inactive
Closing history: Change in Location
Acquiring institution: Farmers Bank and Trust Company (#1027)
Federal Reserve ID: 570857
Date Established: January 01, 1910
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 10 (Interstate: No)
OTS Docket #: 10730
FDIC's unique #: 4126
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: January 27, 2003
Last Structure Change Process Date: March 04, 2003
Last Data Update: March 04, 2003
Data Source Date: April 05, 2012
Location
Address: 810 Crescent Centre Drive, Suite 170, Franklin, TN 37067
County: Williamson
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Memphis
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Nashville, TN (#5360)
Combined Statistical Area (CSA): Nashville-Davidson-Murfreesboro-Columbia, TN (#400)
Core Based Statistical Area (CBSA): Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
CBSA Metro Statistical Area: Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
History of Changes
Merger - Without Assistance
Change in Location
Financial Summary
Total assets: $284.3 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, 2002)

Dollar figures in thousands
106Total employees (full-time equivalent)
$284,345Total assets
$11,558Cash and due from depository institutions
$4,123Interest-bearing balances
$50,789Securities
$7,094Federal funds sold & reverse repurchase agreements
$184,689Net loans & leases
$4,328Loan loss allowance
$0Trading account assets
$10,010Bank premises and fixed assets
$140Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$20,065All other assets
$284,345Total liabilities and capital
$260,158Total liabilities
$239,287Total deposits
$218,671Interest-bearing deposits
$239,287Deposits held in domestic offices
0.00%% insured (estimated)
$4,103Federal funds purchased & repurchase agreements
$0Trading liabilities
$14,959Other borrowed funds
$0Subordinated debt
$1,809All other liabilities
$24,187Total equity capital
$24,187Total bank equity capital
$24,187Perpetual preferred stock
$0Common stock
$200Surplus
$9,069Undivided profits
Memoranda
$14,918Noncurrent loans and leases
$32,282Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,234Earning assets
$0Long-term assets (5+ years)
$1,906Average Assets, year-to-date
$246,695Average Assets, quarterly
$27,008Volatile liabilities
$282,845Insider loans
$281,917FHLB advances
$53,167Loans and leases held for sale
$18,271Unused loan commitments
$14,959Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$32,282Total unused commitments
$3,455Restructured Loans and leases
$2,667Derivatives

Income and Expense (December 31, 2002)

Dollar figures in thousands
$16,127Total interest income
$7,567Total interest expense
$8,560Net interest income
$1,210Provision for loan and lease losses
$2,152Total noninterest income
$0Fiduciary activities
$1,366Service charges on deposit accounts
$0Trading account gains & fees
$786Additional noninterest income
$9,023Total noninterest expense
$4,313Salaries and employee benefits
$1,472Premises and equipment expense
$3,238Additional noninterest expense
$479Pre-tax net operating income
$78Securities gains (losses)
$139Applicable income taxes
$418Income before extraordinary items
$0Extraordinary gains - net
$418Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$961Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2002)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.50%Yield on earning assets
3.05%Cost of funding earning assets
3.45%Net interest margin
0.87%Noninterest income to earning assets
3.64%Noninterest expense to earning assets
0.13%Net operating income to assets
0.15%Return on assets (ROA)
0.20%Pretax return on assets
1.78%Return on equity (ROE)
1.78%Retained earnings to average equity (YTD only)
0.53%Net charge-offs to loans
125.91%Credit loss provision to net charge-offs
1.76%Efficiency ratio
84,233Assets per employee
2.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.29%Loss allowance to noncurrent loans
193.73%Noncurrent assets plus other real estate owned to assets
0.83%Noncurrent loans to loans
1.18%Net loans and leases to deposits
77.18%Net loans and leases to core deposits
93.10%Equity capital to assets
8.51%Core capital (leverage) ratio
8.41%Tier 1 risk-based capital ratio
11.19%Total risk-based capital ratio
Memoranda
$12Average assets
$282,845Average earning assets
$23,546Average equity
$247,931Average loans

First State Bank in Franklin, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank - Overview

Assets and Liabilities (December 31, 2002)

Income and Expense (December 31, 2002)

Performance and Condition Ratios (December 31, 2002)

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

First State Bank in Franklin, Tennessee (TN)Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank - Overview

Assets and Liabilities (December 31, 2002)

Income and Expense (December 31, 2002)

Performance and Condition Ratios (December 31, 2002)

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

First State Bank in Franklin, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches