The First National Bank of Crossville in Crossville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1998

The First National Bank of Crossville in Crossville, Tennessee (TN)
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The First National Bank of Crossville - Overview

General
FDIC Certificate #: 4928
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Union Planters Bank, National Association (#4979)
Federal Reserve ID: 631338
Date Established: January 01, 1900
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 6 (Interstate: No)
OTS Docket #: 11604
FDIC's unique #: 3272
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 01, 1998
Last Structure Change Process Date: January 26, 1998
Last Data Update: January 26, 1998
Data Source Date: April 05, 2012
Location
Address: 812 North Main Street, Crossville, TN 38555
County: Cumberland
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Knoxville
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Core Based Statistical Area (CBSA): Crossville, TN (#18900)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $183.7 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
67Total employees (full-time equivalent)
$183,653Total assets
$6,988Cash and due from depository institutions
$1Interest-bearing balances
$53,852Securities
$32,040Federal funds sold & reverse repurchase agreements
$87,052Net loans & leases
$1,109Loan loss allowance
$0Trading account assets
$2,213Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,508All other assets
$183,653Total liabilities and capital
$170,725Total liabilities
$163,371Total deposits
$150,287Interest-bearing deposits
$163,371Deposits held in domestic offices
0.00%% insured (estimated)
$6,068Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,286All other liabilities
$12,928Total equity capital
$12,928Total bank equity capital
$12,928Perpetual preferred stock
$0Common stock
$523Surplus
$2,000Undivided profits
Memoranda
$10,405Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$148Earning assets
$0Long-term assets (5+ years)
$593Average Assets, year-to-date
$172,945Average Assets, quarterly
$23,344Volatile liabilities
$184,789Insider loans
$185,413FHLB advances
$22,441Loans and leases held for sale
$610Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$17,284Total unused commitments
$0Restructured Loans and leases
$82,486Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$13,121Total interest income
$6,532Total interest expense
$6,589Net interest income
$107Provision for loan and lease losses
$1,038Total noninterest income
$0Fiduciary activities
$621Service charges on deposit accounts
$0Trading account gains & fees
$417Additional noninterest income
$3,738Total noninterest expense
$2,007Salaries and employee benefits
$453Premises and equipment expense
$1,278Additional noninterest expense
$3,782Pre-tax net operating income
$0Securities gains (losses)
$1,326Applicable income taxes
$2,456Income before extraordinary items
$0Extraordinary gains - net
$2,456Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$10Sale, conversion, retirement of capital stock, net
$2,160Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.56%Yield on earning assets
3.76%Cost of funding earning assets
3.80%Net interest margin
0.60%Noninterest income to earning assets
2.15%Noninterest expense to earning assets
1.33%Net operating income to assets
1.33%Return on assets (ROA)
2.05%Pretax return on assets
19.25%Return on equity (ROE)
2.32%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
1070.00%Credit loss provision to net charge-offs
388.90%Efficiency ratio
49,010Assets per employee
2.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
87.95%Loss allowance to loans
1.26%Loss allowance to noncurrent loans
749.32%Noncurrent assets plus other real estate owned to assets
0.08%Noncurrent loans to loans
0.17%Net loans and leases to deposits
53.28%Net loans and leases to core deposits
59.22%Equity capital to assets
7.04%Core capital (leverage) ratio
6.68%Tier 1 risk-based capital ratio
15.20%Total risk-based capital ratio
Memoranda
$16Average assets
$184,789Average earning assets
$12,757Average equity
$173,602Average loans

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