The Somerville Bank & Trust Company in city_name, state_name

The Somerville Bank & Trust Company in Somerville, Tennessee (TN)
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The Somerville Bank & Trust Company routing number info

The Somerville Bank & Trust Company - Overview

General
FDIC Certificate #: 9174
Status: Active
Federal Reserve ID: 437053
Bank Holding Company (Regulatory Top Holder): Trustmark Corporation (RSSDID: 1079562, Location: Jackson, MS)
Date Established: January 01, 1910
WWW: http://www.somervillebank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
FDIC's unique #: 5872
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 16790 Hwy 64, Somerville, TN 38068
County: Fayette
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
Metropolitan Statistical Area (MSA): Memphis, TN-AR-MS (#4920)
Core Based Statistical Area (CBSA): Memphis, TN-MS-AR (#32820)
CBSA Metro Statistical Area: Memphis, TN-MS-AR (#32820)
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $197.9 mil
Equity capital: $21.7 mil
Deposits held in domestic offices: $174.9 mil
Return on assets (ROA): 0.55% ($1.1 mil)
Quarterly return on assets: 0.67% ($1.3 mil)
Return on Equity (ROE): 4.94% ($1.1 mil)
Quarterly return on equity: 6.03% ($1.3 mil)
Net income: $1.1 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 0.86% ($1,701.7 mil)
Quarterly Pretax return on assets: 1.16% ($2,295.4 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, 2011)

Dollar figures in thousands
46Total employees (full-time equivalent)
$197,876Total assets
$1,736Cash and due from depository institutions
$0Interest-bearing balances
$0Securities
$92,850Federal funds sold & reverse repurchase agreements
$93,003Net loans & leases
$1,378Loan loss allowance
$0Trading account assets
$2,393Bank premises and fixed assets
$2,154Other real estate owned
$4,351Goodwill and other intangibles
$197,876Life insurance assets
$1,389All other assets
$176,161Total liabilities and capital
$174,888Total liabilities
$149,791Total deposits
$174,888Interest-bearing deposits
$90Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$802Trading liabilities
$0Other borrowed funds
$471Subordinated debt
$21,715All other liabilities
$21,715Total equity capital
$21,715Total bank equity capital
$0Perpetual preferred stock
$520Common stock
$14,085Surplus
$7,110Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,573Income earned, not collected on loans
$0Earning assets
$702Long-term assets (5+ years)
$185,853Average Assets, year-to-date
$13,453Average Assets, quarterly
$192,252Volatile liabilities
$193,011Insider loans
$84,732FHLB advances
$189,540Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$17,364Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,643Restructured Loans and leases
$1,354Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$6,693Total interest income
$1,432Total interest expense
$5,261Net interest income
$111Provision for loan and lease losses
$415Total noninterest income
$0Fiduciary activities
$383Service charges on deposit accounts
$0Trading account gains & fees
$32Additional noninterest income
$3,909Total noninterest expense
$2,066Salaries and employee benefits
$426Premises and equipment expense
$1,417Additional noninterest expense
$1,656Pre-tax net operating income
$0Securities gains (losses)
$604Applicable income taxes
$1,052Income before extraordinary items
$0Extraordinary gains - net
$1,052Net income attributable to bank
$0Net charge-offs
$1,052Cash dividends
$91Sale, conversion, retirement of capital stock, net
$375Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
3.78%Yield on earning assets
0.81%Cost of funding earning assets
2.97%Net interest margin
0.23%Noninterest income to earning assets
2.21%Noninterest expense to earning assets
0.55%Net operating income to assets
0.55%Return on assets (ROA)
0.86%Pretax return on assets
4.94%Return on equity (ROE)
3.18%Retained earnings to average equity (YTD only)
0.10%Net charge-offs to loans
121.98%Credit loss provision to net charge-offs
19.42%Efficiency ratio
68,693Assets per employee
4.30%Cash dividends to net income (YTD only)
Condition Ratios (%)
35.65%Loss allowance to loans
1.46%Loss allowance to noncurrent loans
87.60%Noncurrent assets plus other real estate owned to assets
1.88%Noncurrent loans to loans
1.67%Net loans and leases to deposits
53.18%Net loans and leases to core deposits
54.38%Equity capital to assets
10.97%Core capital (leverage) ratio
9.16%Tier 1 risk-based capital ratio
20.49%Total risk-based capital ratio
Memoranda
$22Average assets
$192,252Average earning assets
$21,291Average equity
$176,908Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$94Managed Assets
1Number of Accounts
$94Personal trust and agency accounts
$94Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

5 Tennessee Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	5872	The Somerville Bank & Trust Company	16790 Hwy 64, Somerville, TN 38068	January 01, 1910	Full Service Brick and Mortar
1	219606	Rossville Branch	70 Front Street, Rossville, TN 38066	October 01, 1960	Full Service Brick and Mortar
2	219607	Somerville Branch	Highway 64 West, Somerville, TN 38068	October 21, 1984	Limited Service Facility
3	219608	Hickory Withe Branch	3335 Hwy 64, Eads, TN 38028	October 07, 1993	Full Service Brick and Mortar
4	219609	Rossville Drive-Thru Branch	5725 Highway 57, Rossville, TN 38066	September 21, 1995	Limited Service Facility

The Somerville Bank & Trust Company in Somerville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Somerville Bank & Trust Company - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

The Somerville Bank & Trust Company in Somerville, Tennessee (TN)Overview, Financial Summary, Detailed Financial Reports, Branches

The Somerville Bank & Trust Company - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

The Somerville Bank & Trust Company in Somerville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches