FDIC Certificate #: 2382 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Carroll Bank and Trust (#2380) Federal Reserve ID: 514253 Date Established: January 01, 1903 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 1568 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: December 01, 2008 Last Structure Change Process Date: December 04, 2008 Last Data Update: December 04, 2008 Data Source Date: April 05, 2012
Location
Address: 133 East Main Street, Bradford, TN 38316 County: Gibson 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 Combined Statistical Area (CSA): Jackson-Humboldt, TN (#297) Core Based Statistical Area (CBSA): Humboldt, TN (#26480) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $37.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
13Total employees (full-time equivalent)
$37,242Total assets
$2,286Cash and due from depository institutions
$85Interest-bearing balances
$19,616Securities
$3,602Federal funds sold & reverse repurchase agreements
$10,967Net loans & leases
$299Loan loss allowance
$0Trading account assets
$357Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$414All other assets
$37,242Total liabilities and capital
$30,608Total liabilities
$30,304Total deposits
$26,570Interest-bearing deposits
$30,304Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$304All other liabilities
$6,634Total equity capital
$6,634Total bank equity capital
$6,634Perpetual preferred stock
$0Common stock
$105Surplus
$400Undivided profits
Memoranda
$6,129Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$307Average Assets, year-to-date
$34,270Average Assets, quarterly
$10,059Volatile liabilities
$37,136Insider loans
$37,054FHLB advances
$6,122Loans and leases held for sale
$525Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$175Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$2,236Total interest income
$860Total interest expense
$1,376Net interest income
$0Provision for loan and lease losses
$152Total noninterest income
$0Fiduciary activities
$124Service charges on deposit accounts
$0Trading account gains & fees
$28Additional noninterest income
$1,029Total noninterest expense
$616Salaries and employee benefits
$118Premises and equipment expense
$295Additional noninterest expense
$499Pre-tax net operating income
$0Securities gains (losses)
$154Applicable income taxes
$345Income before extraordinary items
$0Extraordinary gains - net
$345Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$15Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.40%Yield on earning assets
2.46%Cost of funding earning assets
3.94%Net interest margin
0.43%Noninterest income to earning assets
2.94%Noninterest expense to earning assets
0.93%Net operating income to assets
0.93%Return on assets (ROA)
1.34%Pretax return on assets
5.40%Return on equity (ROE)
5.40%Retained earnings to average equity (YTD only)
0.13%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
33.27%Efficiency ratio
67,343Assets per employee
2.86%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.65%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
36.19%Net loans and leases to core deposits
45.35%Equity capital to assets
17.81%Core capital (leverage) ratio
17.56%Tier 1 risk-based capital ratio
47.00%Total risk-based capital ratio
Memoranda
$48Average assets
$37,136Average earning assets
$6,387Average equity
$34,952Average loans
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