Security Trust Federal Savings and Loan Association in Knoxville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 01, 1995

  • Security Trust Federal Savings and Loan Association in Knoxville, Tennessee (TN)
  • Show street view No street view available for this location

Security Trust Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 32443
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Union Planters Bank of East Tennessee, National Association (#33919)
    Federal Reserve ID: 469474
    Date Established: October 25, 1985
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8268
    FDIC's unique #: 45277
    Numeric code: 37
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: October 25, 1985
    Last Structure Change Effective Date: May 01, 1995
    Last Structure Change Process Date: June 02, 1995
    Last Data Update: Febuary 27, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 7005 Maynardville Highway, Knoxville, TN 37918
    County: Knox
    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
    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)
  • History of Changes
  • Merger - Without Assistance
    Corrections
    Office Sold
  • Financial Summary
  • Total assets: $98.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $49Total assets
  • $99,322Cash and due from depository institutions
  • $2,123Interest-bearing balances
  • $0Securities
  • $34,306Federal funds sold & reverse repurchase agreements
  • $1,250Net loans & leases
  • $57,319Loan loss allowance
  • $963Trading account assets
  • $0Bank premises and fixed assets
  • $2,011Other real estate owned
  • $0Goodwill and other intangibles
  • $2,313Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $99,322Total liabilities
  • $91,946Total deposits
  • $72,747Interest-bearing deposits
  • $72,747Deposits held in domestic offices
  • 72747.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $18,000Subordinated debt
  • $0All other liabilities
  • $1,199Total equity capital
  • $1,199Total bank equity capital
  • $7,376Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $6,316Undivided profits
  • Memoranda
  • $60Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $288Income earned, not collected on loans
  • $438Earning assets
  • $92,875Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $119,187Average Assets, quarterly
  • $107,103Volatile liabilities
  • $22,500Insider loans
  • $0FHLB advances
  • $18,000Loans and leases held for sale
  • $0Unused loan commitments
  • $813Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,786Total risk weighted assets
  • $44,568Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,024Total interest expense
  • $3,659Net interest income
  • $3,365Provision for loan and lease losses
  • $0Total noninterest income
  • $1,805Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $1,805Total noninterest expense
  • $3,819Salaries and employee benefits
  • $1,676Premises and equipment expense
  • $816Additional noninterest expense
  • $1,327Pre-tax net operating income
  • $1,351Securities gains (losses)
  • -$4Applicable income taxes
  • $415Income before extraordinary items
  • $932Extraordinary gains - net
  • $0Net income attributable to bank
  • $932Net charge-offs
  • $19Cash dividends
  • $638Sale, conversion, retirement of capital stock, net
  • -$3,652Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.27%Cost of funding earning assets
  • 3.27%Net interest margin
  • 3.00%Noninterest income to earning assets
  • 1.61%Noninterest expense to earning assets
  • 3.41%Net operating income to assets
  • 0.78%Return on assets (ROA)
  • 0.78%Pretax return on assets
  • 1.13%Return on equity (ROE)
  • 10.52%Retained earnings to average equity (YTD only)
  • 3.32%Net charge-offs to loans
  • 0.03%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 73,733Assets per employee
  • 2.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 68.45%Loss allowance to loans
  • 1.65%Loss allowance to noncurrent loans
  • 334.38%Noncurrent assets plus other real estate owned to assets
  • 0.29%Noncurrent loans to loans
  • 0.49%Net loans and leases to deposits
  • 78.79%Net loans and leases to core deposits
  • 83.99%Equity capital to assets
  • 7.43%Core capital (leverage) ratio
  • 7.81%Tier 1 risk-based capital ratio
  • 17.47%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $119,187Average earning assets
  • $8,861Average equity
  • $112,018Average loans

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