The Pickett County Bank and Trust Company in Byrdstown, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 1995

The Pickett County Bank and Trust Company in Byrdstown, Tennessee (TN)
Show street view No street view available for this location

The Pickett County Bank and Trust Company - Overview

General
FDIC Certificate #: 8656
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Union Planters Bank of the Cumberlands (#1704)
Federal Reserve ID: 677336
Date Established: September 01, 1904
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 10619
FDIC's unique #: 5519
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: June 01, 1995
Last Structure Change Process Date: June 28, 1995
Last Data Update: June 28, 1995
Data Source Date: April 05, 2012
Location
Address: West Main Street, Byrdstown, TN 38549
County: Pickett
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
Financial Summary
Total assets: $24.4 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)
$9Total assets
$24,412Cash and due from depository institutions
$1,581Interest-bearing balances
$203Securities
$7,156Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$14,860Loan loss allowance
$451Trading account assets
$0Bank premises and fixed assets
$271Other real estate owned
$40Goodwill and other intangibles
$504Life insurance assets
$0All other assets
$0Total liabilities and capital
$24,412Total liabilities
$22,960Total deposits
$21,339Interest-bearing deposits
$19,232Deposits held in domestic offices
21339.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$850Trading liabilities
$0Other borrowed funds
$500Subordinated debt
$0All other liabilities
$271Total equity capital
$271Total bank equity capital
$1,452Perpetual preferred stock
$0Common stock
$625Surplus
$1,530Undivided profits
Memoranda
$-703Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$11Income earned, not collected on loans
$205Earning assets
$22,219Long-term assets (5+ years)
$3,950Average Assets, year-to-date
$24,387Average Assets, quarterly
$24,110Volatile liabilities
$4,191Insider loans
$253FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,208Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,523Total risk weighted assets
$13,858Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$1,719Total interest expense
$704Net interest income
$1,015Provision for loan and lease losses
$0Total noninterest income
$87Fiduciary activities
$0Service charges on deposit accounts
$58Trading account gains & fees
$0Additional noninterest income
$29Total noninterest expense
$582Salaries and employee benefits
$271Premises and equipment expense
$66Additional noninterest expense
$245Pre-tax net operating income
$520Securities gains (losses)
-$3Applicable income taxes
$180Income before extraordinary items
$337Extraordinary gains - net
$0Net income attributable to bank
$337Net charge-offs
-$25Cash dividends
$308Sale, 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
7.59%Cost of funding earning assets
3.11%Net interest margin
4.48%Noninterest income to earning assets
0.38%Noninterest expense to earning assets
2.57%Net operating income to assets
1.39%Return on assets (ROA)
1.38%Pretax return on assets
2.12%Return on equity (ROE)
22.01%Retained earnings to average equity (YTD only)
1.89%Net charge-offs to loans
-0.18%Credit loss provision to net charge-offs
0.00%Efficiency ratio
52,813Assets per employee
2.71%Cash dividends to net income (YTD only)
Condition Ratios (%)
91.39%Loss allowance to loans
2.95%Loss allowance to noncurrent loans
4100.00%Noncurrent assets plus other real estate owned to assets
0.21%Noncurrent loans to loans
0.07%Net loans and leases to deposits
69.64%Net loans and leases to core deposits
80.33%Equity capital to assets
5.95%Core capital (leverage) ratio
6.32%Tier 1 risk-based capital ratio
10.99%Total risk-based capital ratio
Memoranda
$12Average assets
$24,387Average earning assets
$1,531Average equity
$22,661Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Pickett County Bank and Trust Company.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.