The Bank of Adamsville in Adamsville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 18, 2000

The Bank of Adamsville in Adamsville, Tennessee (TN)
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The Bank of Adamsville - Overview

General
FDIC Certificate #: 9169
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Community South Bank (#19849)
Federal Reserve ID: 448152
Date Established: September 15, 1904
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
OTS Docket #: 14604
FDIC's unique #: 5868
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: March 18, 2000
Last Structure Change Process Date: April 27, 2000
Last Data Update: April 27, 2000
Data Source Date: April 05, 2012
Location
Address: 237 East Main Street, Adamsville, TN 38310
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: $129.6 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
53Total employees (full-time equivalent)
$129,633Total assets
$5,748Cash and due from depository institutions
$554Interest-bearing balances
$30,169Securities
$0Federal funds sold & reverse repurchase agreements
$87,368Net loans & leases
$1,071Loan loss allowance
$0Trading account assets
$1,440Bank premises and fixed assets
$137Other real estate owned
$1,930Goodwill and other intangibles
$0Life insurance assets
$2,841All other assets
$129,633Total liabilities and capital
$120,145Total liabilities
$98,482Total deposits
$89,822Interest-bearing deposits
$98,482Deposits held in domestic offices
0.00%% insured (estimated)
$2,800Federal funds purchased & repurchase agreements
$0Trading liabilities
$17,913Other borrowed funds
$0Subordinated debt
$950All other liabilities
$9,488Total equity capital
$9,488Total bank equity capital
$9,488Perpetual preferred stock
$0Common stock
$150Surplus
$4,700Undivided profits
Memoranda
$4,638Noncurrent loans and leases
$1,542Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$592Earning assets
$0Long-term assets (5+ years)
$898Average Assets, year-to-date
$118,091Average Assets, quarterly
$27,832Volatile liabilities
$119,799Insider loans
$126,430FHLB advances
$42,636Loans and leases held for sale
$128Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,542Total unused commitments
$0Restructured Loans and leases
$1,049Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$9,542Total interest income
$4,802Total interest expense
$4,740Net interest income
$853Provision for loan and lease losses
$804Total noninterest income
$0Fiduciary activities
$371Service charges on deposit accounts
$0Trading account gains & fees
$433Additional noninterest income
$2,887Total noninterest expense
$1,351Salaries and employee benefits
$283Premises and equipment expense
$1,253Additional noninterest expense
$1,804Pre-tax net operating income
$2Securities gains (losses)
$555Applicable income taxes
$1,251Income before extraordinary items
$0Extraordinary gains - net
$1,251Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$314Sale, conversion, retirement of capital stock, net
$375Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.67%Yield on earning assets
4.37%Cost of funding earning assets
4.31%Net interest margin
0.73%Noninterest income to earning assets
2.62%Noninterest expense to earning assets
1.04%Net operating income to assets
1.04%Return on assets (ROA)
1.51%Pretax return on assets
12.42%Return on equity (ROE)
8.69%Retained earnings to average equity (YTD only)
0.43%Net charge-offs to loans
271.66%Credit loss provision to net charge-offs
8.46%Efficiency ratio
48,088Assets per employee
2.45%Cash dividends to net income (YTD only)
Condition Ratios (%)
29.98%Loss allowance to loans
1.21%Loss allowance to noncurrent loans
180.91%Noncurrent assets plus other real estate owned to assets
0.56%Noncurrent loans to loans
0.67%Net loans and leases to deposits
88.71%Net loans and leases to core deposits
114.12%Equity capital to assets
7.32%Core capital (leverage) ratio
7.24%Tier 1 risk-based capital ratio
10.75%Total risk-based capital ratio
Memoranda
$12Average assets
$119,799Average earning assets
$10,076Average equity
$110,003Average loans

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