FDIC Certificate #: 22070 Status: Active Federal Reserve ID: 45430 Date Established: July 24, 1975 WWW:http://www.johnsoncountybank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 15800 FDIC's unique #: 15322 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: July 24, 1975 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 241 West Main Street, Mountain City, TN 37683 County: Johnson Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Knoxville Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $119.1 mil Equity capital: $15.0 mil Deposits held in domestic offices: $96.5 mil Return on assets (ROA): 0.58% ($0.7 mil) Quarterly return on assets: 0.56% ($0.7 mil) Return on Equity (ROE): 4.69% ($0.7 mil) Quarterly return on equity: 4.46% ($0.7 mil) Net income: $0.7 mil Quarterly Net income: $0.2 mil Pretax return on assets: 0.83% ($988.4 mil) Quarterly Pretax return on assets: 0.68% ($809.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
23Total employees (full-time equivalent)
$119,081Total assets
$22,544Cash and due from depository institutions
$20,635Interest-bearing balances
$15,232Securities
$1,767Federal funds sold & reverse repurchase agreements
$71,112Net loans & leases
$1,219Loan loss allowance
$0Trading account assets
$1,094Bank premises and fixed assets
$2,329Other real estate owned
$0Goodwill and other intangibles
$119,081Life insurance assets
$5,003All other assets
$104,045Total liabilities and capital
$96,494Total liabilities
$82,687Total deposits
$96,494Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,804Trading liabilities
$0Other borrowed funds
$1,747Subordinated debt
$15,036All other liabilities
$15,036Total equity capital
$15,036Total bank equity capital
$0Perpetual preferred stock
$400Common stock
$400Surplus
$14,236Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,435Income earned, not collected on loans
$0Earning assets
$312Long-term assets (5+ years)
$108,746Average Assets, year-to-date
$63,305Average Assets, quarterly
$119,729Volatile liabilities
$119,984Insider loans
$62,598FHLB advances
$118,435Loans and leases held for sale
$3,264Unused loan commitments
$1,864Tier 1 (core) risk-based capital
$14,894Tier 2 risk-based capital
$0Total risk weighted assets
$1,400Total unused commitments
$1,195Restructured Loans and leases
$1,019Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,550Total interest income
$1,369Total interest expense
$4,181Net interest income
$339Provision for loan and lease losses
$134Total noninterest income
$0Fiduciary activities
$408Service charges on deposit accounts
$0Trading account gains & fees
-$274Additional noninterest income
$2,988Total noninterest expense
$1,542Salaries and employee benefits
$246Premises and equipment expense
$1,200Additional noninterest expense
$988Pre-tax net operating income
$0Securities gains (losses)
$289Applicable income taxes
$699Income before extraordinary items
$0Extraordinary gains - net
$699Net income attributable to bank
$0Net charge-offs
$699Cash dividends
$362Sale, conversion, retirement of capital stock, net
$280Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.10%Yield on earning assets
1.26%Cost of funding earning assets
3.84%Net interest margin
0.12%Noninterest income to earning assets
2.74%Noninterest expense to earning assets
0.58%Net operating income to assets
0.58%Return on assets (ROA)
0.83%Pretax return on assets
4.69%Return on equity (ROE)
2.81%Retained earnings to average equity (YTD only)
0.48%Net charge-offs to loans
93.65%Credit loss provision to net charge-offs
3.67%Efficiency ratio
69,247Assets per employee
5.18%Cash dividends to net income (YTD only)
Condition Ratios (%)
40.06%Loss allowance to loans
1.69%Loss allowance to noncurrent loans
27.49%Noncurrent assets plus other real estate owned to assets
5.68%Noncurrent loans to loans
6.13%Net loans and leases to deposits
73.70%Net loans and leases to core deposits
82.85%Equity capital to assets
12.63%Core capital (leverage) ratio
12.58%Tier 1 risk-based capital ratio
23.79%Total risk-based capital ratio
Memoranda
$25Average assets
$119,729Average earning assets
$14,918Average equity
$108,925Average loans
List of branches
1 Tennessee Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
15322
Johnson County Bank
241 West Main Street, Mountain City, TN 37683
July 24, 1975
Full Service Brick and Mortar
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 Johnson County 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: