Franklin County Bank in Winchester, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 15, 1994

Franklin County Bank in Winchester, Tennessee (TN)
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Franklin County Bank - Overview

General
FDIC Certificate #: 9183
Status: Inactive
Closing history: Corrections
Acquiring institution: Regions Bank of Tennessee (#33764)
Federal Reserve ID: 821830
Date Established: January 01, 1906
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
OTS Docket #: 9953
FDIC's unique #: 5878
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: July 15, 1994
Last Structure Change Process Date: August 15, 1994
Last Data Update: August 15, 1994
Data Source Date: April 05, 2012
Location
Address: 121 South College Street, Winchester, TN 37398
County: Franklin
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
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $72.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$43Total assets
$69,127Cash and due from depository institutions
$2,855Interest-bearing balances
$100Securities
$24,485Federal funds sold & reverse repurchase agreements
$1,660Net loans & leases
$37,947Loan loss allowance
$330Trading account assets
$0Bank premises and fixed assets
$1,304Other real estate owned
$0Goodwill and other intangibles
$876Life insurance assets
$0All other assets
$0Total liabilities and capital
$69,127Total liabilities
$63,650Total deposits
$61,152Interest-bearing deposits
$48,258Deposits held in domestic offices
61152.00%% insured (estimated)
$88Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,886Subordinated debt
$0All other liabilities
$612Total equity capital
$612Total bank equity capital
$5,477Perpetual preferred stock
$0Common stock
$200Surplus
$200Undivided profits
Memoranda
$5,077Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$56Income earned, not collected on loans
$320Earning assets
$64,192Long-term assets (5+ years)
$12,287Average Assets, year-to-date
$68,136Average Assets, quarterly
$70,574Volatile liabilities
$7,446Insider loans
$816FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$4,035Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,477Total risk weighted assets
$41,751Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$4,635Total interest expense
$1,865Net interest income
$2,770Provision for loan and lease losses
$2Total noninterest income
$454Fiduciary activities
$0Service charges on deposit accounts
$334Trading account gains & fees
$0Additional noninterest income
$120Total noninterest expense
$2,481Salaries and employee benefits
$1,049Premises and equipment expense
$507Additional noninterest expense
$925Pre-tax net operating income
$741Securities gains (losses)
$6Applicable income taxes
$270Income before extraordinary items
$477Extraordinary gains - net
$0Net income attributable to bank
$477Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.45%Cost of funding earning assets
3.00%Net interest margin
4.45%Noninterest income to earning assets
0.73%Noninterest expense to earning assets
3.99%Net operating income to assets
0.69%Return on assets (ROA)
0.70%Pretax return on assets
1.10%Return on equity (ROE)
9.11%Retained earnings to average equity (YTD only)
9.11%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
76,954Assets per employee
1.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.86%Loss allowance to noncurrent loans
589.29%Noncurrent assets plus other real estate owned to assets
0.08%Noncurrent loans to loans
0.15%Net loans and leases to deposits
62.05%Net loans and leases to core deposits
68.26%Equity capital to assets
7.92%Core capital (leverage) ratio
7.89%Tier 1 risk-based capital ratio
13.12%Total risk-based capital ratio
Memoranda
$14Average assets
$68,136Average earning assets
$5,234Average equity
$62,187Average loans

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