FDIC Certificate #: 9167 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Union Planters Bank, National Association (#4979) Federal Reserve ID: 436551 Date Established: September 01, 1919 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) FDIC's unique #: 5866 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: August 06, 1998 Last Structure Change Process Date: August 25, 1998 Last Data Update: August 25, 1998 Data Source Date: April 05, 2012
Location
Address: 114-118 South Third Street, Selmer, TN 38375 County: Mcnairy Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Memphis Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $94.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
24Total employees (full-time equivalent)
$94,993Total assets
$1,929Cash and due from depository institutions
$0Interest-bearing balances
$37,247Securities
$5,400Federal funds sold & reverse repurchase agreements
$48,242Net loans & leases
$912Loan loss allowance
$0Trading account assets
$633Bank premises and fixed assets
$171Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,371All other assets
$94,993Total liabilities and capital
$86,968Total liabilities
$86,456Total deposits
$73,003Interest-bearing deposits
$86,456Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$512All other liabilities
$8,025Total equity capital
$8,025Total bank equity capital
$8,025Perpetual preferred stock
$0Common stock
$310Surplus
$800Undivided profits
Memoranda
$6,915Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$12Earning assets
$0Long-term assets (5+ years)
$549Average Assets, year-to-date
$90,889Average Assets, quarterly
$24,960Volatile liabilities
$99,595Insider loans
$98,215FHLB advances
$6,303Loans and leases held for sale
$266Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$46,614Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$7,515Total interest income
$3,652Total interest expense
$3,863Net interest income
$188Provision for loan and lease losses
$169Total noninterest income
$0Fiduciary activities
$137Service charges on deposit accounts
$0Trading account gains & fees
$32Additional noninterest income
$1,928Total noninterest expense
$977Salaries and employee benefits
$155Premises and equipment expense
$796Additional noninterest expense
$1,916Pre-tax net operating income
$53Securities gains (losses)
$532Applicable income taxes
$1,437Income before extraordinary items
$0Extraordinary gains - net
$1,437Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$328Sale, conversion, retirement of capital stock, net
$7,122Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.99%Yield on earning assets
3.88%Cost of funding earning assets
4.11%Net interest margin
0.18%Noninterest income to earning assets
2.05%Noninterest expense to earning assets
1.40%Net operating income to assets
1.44%Return on assets (ROA)
1.98%Pretax return on assets
11.36%Return on equity (ROE)
-44.93%Retained earnings to average equity (YTD only)
0.64%Net charge-offs to loans
57.32%Credit loss provision to net charge-offs
6.41%Efficiency ratio
47,817Assets per employee
3.96%Cash dividends to net income (YTD only)
Condition Ratios (%)
495.62%Loss allowance to loans
1.86%Loss allowance to noncurrent loans
7600.00%Noncurrent assets plus other real estate owned to assets
0.19%Noncurrent loans to loans
0.02%Net loans and leases to deposits
55.80%Net loans and leases to core deposits
60.19%Equity capital to assets
8.45%Core capital (leverage) ratio
7.78%Tier 1 risk-based capital ratio
16.37%Total risk-based capital ratio
Memoranda
$18Average assets
$99,595Average earning assets
$12,652Average equity
$94,044Average loans
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