FDIC Certificate #: 13658 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Regions Bank (#12368) Federal Reserve ID: 718631 Date Established: January 15, 1934 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) FDIC's unique #: 8536 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 16, 1934 Last Structure Change Effective Date: May 09, 2000 Last Structure Change Process Date: July 27, 2000 Last Data Update: July 27, 2000 Data Source Date: April 05, 2012
Location
Address: 302 East College Street, Fayetteville, TN 37334 County: Lincoln Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Atlanta FDIC Field Office: Nashville Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $146.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
62Total employees (full-time equivalent)
$147,283Total assets
$7,852Cash and due from depository institutions
$200Interest-bearing balances
$34,233Securities
$4,150Federal funds sold & reverse repurchase agreements
$92,979Net loans & leases
$1,573Loan loss allowance
$0Trading account assets
$3,092Bank premises and fixed assets
$687Other real estate owned
$57Goodwill and other intangibles
$0Life insurance assets
$4,233All other assets
$147,283Total liabilities and capital
$134,876Total liabilities
$132,353Total deposits
$112,762Interest-bearing deposits
$132,353Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$2,523All other liabilities
$12,407Total equity capital
$12,407Total bank equity capital
$12,407Perpetual preferred stock
$0Common stock
$500Surplus
$500Undivided profits
Memoranda
$11,407Noncurrent loans and leases
$4,129Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,723Earning assets
$0Long-term assets (5+ years)
$1,867Average Assets, year-to-date
$131,562Average Assets, quarterly
$15,745Volatile liabilities
$149,391Insider loans
$147,769FHLB advances
$22,729Loans and leases held for sale
$1,144Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,129Total unused commitments
$0Restructured Loans and leases
$1,310Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$13,370Total interest income
$4,968Total interest expense
$8,402Net interest income
$531Provision for loan and lease losses
$930Total noninterest income
$0Fiduciary activities
$637Service charges on deposit accounts
$0Trading account gains & fees
$293Additional noninterest income
$6,726Total noninterest expense
$3,592Salaries and employee benefits
$701Premises and equipment expense
$2,433Additional noninterest expense
$2,075Pre-tax net operating income
$9Securities gains (losses)
$1,293Applicable income taxes
$791Income before extraordinary items
$0Extraordinary gains - net
$791Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$97Sale, conversion, retirement of capital stock, net
$1,103Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.93%Yield on earning assets
3.69%Cost of funding earning assets
6.24%Net interest margin
0.69%Noninterest income to earning assets
5.00%Noninterest expense to earning assets
0.53%Net operating income to assets
0.53%Return on assets (ROA)
1.39%Pretax return on assets
5.79%Return on equity (ROE)
-2.28%Retained earnings to average equity (YTD only)
0.10%Net charge-offs to loans
547.42%Credit loss provision to net charge-offs
26.87%Efficiency ratio
72,000Assets per employee
2.38%Cash dividends to net income (YTD only)
Condition Ratios (%)
139.44%Loss allowance to loans
1.66%Loss allowance to noncurrent loans
91.29%Noncurrent assets plus other real estate owned to assets
1.64%Noncurrent loans to loans
1.82%Net loans and leases to deposits
70.25%Net loans and leases to core deposits
84.82%Equity capital to assets
8.42%Core capital (leverage) ratio
8.71%Tier 1 risk-based capital ratio
12.60%Total risk-based capital ratio
Memoranda
$14Average assets
$149,391Average earning assets
$13,659Average equity
$134,596Average loans
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