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

This bank is inactive as of June 24, 2005

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

General
FDIC Certificate #: 14671
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: CB&S Bank, Inc. (#15310)
Federal Reserve ID: 226051
Date Established: January 01, 1887
WWW: http://www.bankofbolivar.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 10488
FDIC's unique #: 9174
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: August 16, 1934
Last Structure Change Effective Date: June 24, 2005
Last Structure Change Process Date: June 29, 2005
Last Data Update: June 29, 2005
Data Source Date: April 05, 2012
Location
Address: 724 West Market Street, Bolivar, TN 38008
County: Hardeman
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Atlanta
FDIC Field Office: Memphis
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $53.4 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, 2004)

Dollar figures in thousands
24Total employees (full-time equivalent)
$52,981Total assets
$1,385Cash and due from depository institutions
$6Interest-bearing balances
$26,469Securities
$0Federal funds sold & reverse repurchase agreements
$22,979Net loans & leases
$1,045Loan loss allowance
$0Trading account assets
$456Bank premises and fixed assets
$212Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,480All other assets
$52,981Total liabilities and capital
$47,551Total liabilities
$45,492Total deposits
$37,468Interest-bearing deposits
$45,492Deposits held in domestic offices
0.00%% insured (estimated)
$1,800Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$259All other liabilities
$5,430Total equity capital
$5,430Total bank equity capital
$5,430Perpetual preferred stock
$0Common stock
$370Surplus
$4,319Undivided profits
Memoranda
$741Noncurrent loans and leases
$1,836Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$348Earning assets
$0Long-term assets (5+ years)
$410Average Assets, year-to-date
$49,454Average Assets, quarterly
$25,586Volatile liabilities
$52,287Insider loans
$53,140FHLB advances
$8,779Loans and leases held for sale
$18Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,836Total unused commitments
$0Restructured Loans and leases
$333Derivatives

Income and Expense (December 31, 2004)

Dollar figures in thousands
$3,020Total interest income
$492Total interest expense
$2,528Net interest income
$45Provision for loan and lease losses
$764Total noninterest income
$0Fiduciary activities
$507Service charges on deposit accounts
$0Trading account gains & fees
$257Additional noninterest income
$1,938Total noninterest expense
$1,010Salaries and employee benefits
$268Premises and equipment expense
$660Additional noninterest expense
$1,309Pre-tax net operating income
$77Securities gains (losses)
$187Applicable income taxes
$1,199Income before extraordinary items
$0Extraordinary gains - net
$1,199Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$262Sale, conversion, retirement of capital stock, net
$527Net operating income

Performance and Condition Ratios (December 31, 2004)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.30%Yield on earning assets
1.03%Cost of funding earning assets
5.28%Net interest margin
1.59%Noninterest income to earning assets
4.05%Noninterest expense to earning assets
2.17%Net operating income to assets
2.29%Return on assets (ROA)
2.65%Pretax return on assets
23.22%Return on equity (ROE)
13.02%Retained earnings to average equity (YTD only)
1.04%Net charge-offs to loans
17.18%Credit loss provision to net charge-offs
5.17%Efficiency ratio
58,870Assets per employee
2.21%Cash dividends to net income (YTD only)
Condition Ratios (%)
43.95%Loss allowance to loans
4.35%Loss allowance to noncurrent loans
300.29%Noncurrent assets plus other real estate owned to assets
1.06%Noncurrent loans to loans
1.45%Net loans and leases to deposits
50.51%Net loans and leases to core deposits
59.67%Equity capital to assets
10.25%Core capital (leverage) ratio
10.47%Tier 1 risk-based capital ratio
21.48%Total risk-based capital ratio
Memoranda
$23Average assets
$52,287Average earning assets
$5,163Average equity
$47,903Average loans

Total Fiduciary and Related Assets (December 31, 2002)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$2,187Managed Assets
1Number of Accounts
$2,187Personal trust and agency accounts
$2,187Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
10Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

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