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

This bank is inactive as of December 01, 1995

The Commercial Bank of Obion in Obion, Tennessee (TN)
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The Commercial Bank of Obion - Overview

General
FDIC Certificate #: 9491
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Union Planters Bank of West Tennessee (#10309)
Federal Reserve ID: 467256
Date Established: January 01, 1903
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 6096
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: December 01, 1995
Last Structure Change Process Date: December 14, 1995
Last Data Update: December 14, 1995
Data Source Date: April 05, 2012
Location
Address: Main And Seventh Streets, Obion, TN 38240
County: Obion
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): Union City-Martin, TN-KY (#542)
Core Based Statistical Area (CBSA): Union City, TN-KY (#46460)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $27.5 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$15Total assets
$28,738Cash and due from depository institutions
$786Interest-bearing balances
$0Securities
$15,773Federal funds sold & reverse repurchase agreements
$1,000Net loans & leases
$9,981Loan loss allowance
$213Trading account assets
$0Bank premises and fixed assets
$152Other real estate owned
$0Goodwill and other intangibles
$969Life insurance assets
$77All other assets
$0Total liabilities and capital
$28,738Total liabilities
$25,034Total deposits
$24,888Interest-bearing deposits
$22,245Deposits held in domestic offices
24888.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$146Total equity capital
$146Total bank equity capital
$3,704Perpetual preferred stock
$0Common stock
$200Surplus
$300Undivided profits
Memoranda
$3,204Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$44Income earned, not collected on loans
$109Earning assets
$26,754Long-term assets (5+ years)
$2,227Average Assets, year-to-date
$28,837Average Assets, quarterly
$29,022Volatile liabilities
$2,480Insider loans
$448FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,417Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,759Total risk weighted assets
$12,728Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$1,926Total interest expense
$855Net interest income
$1,071Provision for loan and lease losses
$0Total noninterest income
$116Fiduciary activities
$0Service charges on deposit accounts
$90Trading account gains & fees
$0Additional noninterest income
$26Total noninterest expense
$732Salaries and employee benefits
$406Premises and equipment expense
$89Additional noninterest expense
$237Pre-tax net operating income
$455Securities gains (losses)
-$13Applicable income taxes
$148Income before extraordinary items
$294Extraordinary gains - net
-$25Net income attributable to bank
$269Net charge-offs
$0Cash dividends
$155Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.18%Cost of funding earning assets
3.19%Net interest margin
3.99%Noninterest income to earning assets
0.43%Noninterest expense to earning assets
2.73%Net operating income to assets
1.05%Return on assets (ROA)
0.93%Pretax return on assets
1.45%Return on equity (ROE)
7.10%Retained earnings to average equity (YTD only)
3.01%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
61,500Assets per employee
1.92%Cash dividends to net income (YTD only)
Condition Ratios (%)
57.62%Loss allowance to loans
2.09%Loss allowance to noncurrent loans
484.09%Noncurrent assets plus other real estate owned to assets
0.15%Noncurrent loans to loans
0.43%Net loans and leases to deposits
40.10%Net loans and leases to core deposits
44.54%Equity capital to assets
12.89%Core capital (leverage) ratio
12.83%Tier 1 risk-based capital ratio
29.53%Total risk-based capital ratio
Memoranda
$31Average assets
$28,837Average earning assets
$3,787Average equity
$26,824Average loans

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