FDIC Certificate #: 2395 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First American National Bank (#4956) Federal Reserve ID: 766436 Date Established: December 01, 1930 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 7 (Interstate: No) OTS Docket #: 9653 FDIC's unique #: 1575 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: October 01, 1998 Last Structure Change Process Date: October 20, 1998 Last Data Update: October 20, 1998 Data Source Date: April 05, 2012
Location
Address: 700 North Garden Street, Columbia, TN 38401 County: Maury Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Nashville Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Combined Statistical Area (CSA): Nashville-Davidson-Murfreesboro-Columbia, TN (#400) Core Based Statistical Area (CBSA): Columbia, TN (#17940) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $224.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
101Total employees (full-time equivalent)
$216,615Total assets
$9,271Cash and due from depository institutions
$166Interest-bearing balances
$103,878Securities
$1,500Federal funds sold & reverse repurchase agreements
$94,759Net loans & leases
$1,441Loan loss allowance
$0Trading account assets
$4,911Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,296All other assets
$216,615Total liabilities and capital
$186,523Total liabilities
$182,441Total deposits
$161,874Interest-bearing deposits
$182,441Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,303Other borrowed funds
$0Subordinated debt
$1,779All other liabilities
$30,092Total equity capital
$30,092Total bank equity capital
$30,092Perpetual preferred stock
$0Common stock
$1,500Surplus
$1,500Undivided profits
Memoranda
$27,092Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,323Earning assets
$0Long-term assets (5+ years)
$1,000Average Assets, year-to-date
$200,303Average Assets, quarterly
$63,580Volatile liabilities
$217,754Insider loans
$216,831FHLB advances
$20,962Loans and leases held for sale
$248Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,768Total unused commitments
$0Restructured Loans and leases
$98,537Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$16,279Total interest income
$7,230Total interest expense
$9,049Net interest income
$537Provision for loan and lease losses
$1,072Total noninterest income
$0Fiduciary activities
$587Service charges on deposit accounts
$0Trading account gains & fees
$485Additional noninterest income
$6,473Total noninterest expense
$3,162Salaries and employee benefits
$1,912Premises and equipment expense
$1,399Additional noninterest expense
$3,111Pre-tax net operating income
-$47Securities gains (losses)
$1,063Applicable income taxes
$2,001Income before extraordinary items
$0Extraordinary gains - net
$2,001Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$311Sale, conversion, retirement of capital stock, net
$690Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.08%Yield on earning assets
3.59%Cost of funding earning assets
4.49%Net interest margin
0.53%Noninterest income to earning assets
3.21%Noninterest expense to earning assets
0.93%Net operating income to assets
0.92%Return on assets (ROA)
1.41%Pretax return on assets
6.87%Return on equity (ROE)
4.50%Retained earnings to average equity (YTD only)
0.35%Net charge-offs to loans
172.67%Credit loss provision to net charge-offs
11.73%Efficiency ratio
63,956Assets per employee
2.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
34.48%Loss allowance to loans
1.50%Loss allowance to noncurrent loans
62.03%Noncurrent assets plus other real estate owned to assets
1.07%Noncurrent loans to loans
2.41%Net loans and leases to deposits
51.94%Net loans and leases to core deposits
58.68%Equity capital to assets
13.89%Core capital (leverage) ratio
13.26%Tier 1 risk-based capital ratio
29.41%Total risk-based capital ratio
Memoranda
$31Average assets
$217,754Average earning assets
$29,108Average equity
$201,421Average loans
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