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

First Vantage Bank-Tennessee in Knoxville, Tennessee (TN)
Show street view No street view available for this location

First Vantage Bank-Tennessee - Overview

General
FDIC Certificate #: 27354
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: National Bank of Commerce (#4978)
Federal Reserve ID: 1217485
Date Established: September 27, 1988
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 12 (Interstate: No)
OTS Docket #: 10123
FDIC's unique #: 39628
Numeric code: 13
Regulator: FED
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: September 27, 1988
Last Structure Change Effective Date: August 13, 2001
Last Structure Change Process Date: October 22, 2001
Last Data Update: October 22, 2001
Data Source Date: April 05, 2012
Location
Address: One Centre Square, 620 Market Street, Knoxville, TN 37901
County: Knox
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Atlanta
FDIC Field Office: Knoxville
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Knoxville, TN (#3840)
Combined Statistical Area (CSA): Knoxville-Sevierville-La Follette, TN (#314)
Core Based Statistical Area (CBSA): Knoxville, TN (#28940)
CBSA Metro Statistical Area: Knoxville, TN (#28940)
Financial Summary
Total assets: $170.6 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, 2000)

Dollar figures in thousands
86Total employees (full-time equivalent)
$168,242Total assets
$10,056Cash and due from depository institutions
$0Interest-bearing balances
$26,840Securities
$2,990Federal funds sold & reverse repurchase agreements
$122,989Net loans & leases
$1,379Loan loss allowance
$0Trading account assets
$2,834Bank premises and fixed assets
$654Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,879All other assets
$168,242Total liabilities and capital
$152,304Total liabilities
$139,714Total deposits
$107,955Interest-bearing deposits
$139,714Deposits held in domestic offices
0.00%% insured (estimated)
$11,274Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,316All other liabilities
$15,938Total equity capital
$15,938Total bank equity capital
$15,938Perpetual preferred stock
$0Common stock
$6,782Surplus
$6,782Undivided profits
Memoranda
$2,374Noncurrent loans and leases
$11,222Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$134Earning assets
$0Long-term assets (5+ years)
$409Average Assets, year-to-date
$152,819Average Assets, quarterly
$21,539Volatile liabilities
$180,789Insider loans
$168,635FHLB advances
$24,846Loans and leases held for sale
$677Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$11,222Total unused commitments
$0Restructured Loans and leases
$1,379Derivatives

Income and Expense (December 31, 2000)

Dollar figures in thousands
$12,880Total interest income
$4,759Total interest expense
$8,121Net interest income
$162Provision for loan and lease losses
$1,168Total noninterest income
$5Fiduciary activities
$882Service charges on deposit accounts
$0Trading account gains & fees
$281Additional noninterest income
$6,715Total noninterest expense
$2,609Salaries and employee benefits
$950Premises and equipment expense
$3,156Additional noninterest expense
$2,412Pre-tax net operating income
$0Securities gains (losses)
$475Applicable income taxes
$1,937Income before extraordinary items
$0Extraordinary gains - net
$1,937Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$343Sale, conversion, retirement of capital stock, net
$5,426Net operating income

Performance and Condition Ratios (December 31, 2000)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.72%Yield on earning assets
2.85%Cost of funding earning assets
4.87%Net interest margin
0.70%Noninterest income to earning assets
4.03%Noninterest expense to earning assets
1.07%Net operating income to assets
1.07%Return on assets (ROA)
1.33%Pretax return on assets
11.63%Return on equity (ROE)
-20.95%Retained earnings to average equity (YTD only)
0.25%Net charge-offs to loans
47.23%Credit loss provision to net charge-offs
7.50%Efficiency ratio
72,290Assets per employee
1.96%Cash dividends to net income (YTD only)
Condition Ratios (%)
280.12%Loss allowance to loans
1.11%Loss allowance to noncurrent loans
1029.10%Noncurrent assets plus other real estate owned to assets
0.47%Noncurrent loans to loans
0.11%Net loans and leases to deposits
88.03%Net loans and leases to core deposits
97.50%Equity capital to assets
9.47%Core capital (leverage) ratio
9.62%Tier 1 risk-based capital ratio
12.62%Total risk-based capital ratio
Memoranda
$14Average assets
$180,789Average earning assets
$16,655Average equity
$166,763Average loans

First Vantage Bank-Tennessee in Knoxville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Vantage Bank-Tennessee - Overview

Assets and Liabilities (December 31, 2000)

Income and Expense (December 31, 2000)

Performance and Condition Ratios (December 31, 2000)

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

First Vantage Bank-Tennessee in Knoxville, Tennessee (TN)Overview, Financial Summary, Detailed Financial Reports, Branches

First Vantage Bank-Tennessee - Overview

Assets and Liabilities (December 31, 2000)

Income and Expense (December 31, 2000)

Performance and Condition Ratios (December 31, 2000)

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

First Vantage Bank-Tennessee in Knoxville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches