The Whiteville Bank in Whiteville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1997

The Whiteville Bank in Whiteville, Tennessee (TN)
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The Whiteville Bank - Overview

General
FDIC Certificate #: 10694
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Union Planters Bank of Southwest Tennessee (#19393)
Federal Reserve ID: 472054
Date Established: January 01, 1900
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 6861
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, 1997
Last Structure Change Process Date: November 17, 1997
Last Data Update: November 17, 1997
Data Source Date: April 05, 2012
Location
Address: Main Street, Whiteville, TN 38075
County: Hardeman
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
Financial Summary
Total assets: $62.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$29Total assets
$61,178Cash and due from depository institutions
$1,982Interest-bearing balances
$100Securities
$15,427Federal funds sold & reverse repurchase agreements
$4,700Net loans & leases
$35,635Loan loss allowance
$419Trading account assets
$0Bank premises and fixed assets
$1,696Other real estate owned
$676Goodwill and other intangibles
$1,062Life insurance assets
$0All other assets
$0Total liabilities and capital
$61,178Total liabilities
$56,674Total deposits
$56,161Interest-bearing deposits
$52,655Deposits held in domestic offices
56161.00%% insured (estimated)
$84Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$513Total equity capital
$513Total bank equity capital
$4,504Perpetual preferred stock
$0Common stock
$50Surplus
$100Undivided profits
Memoranda
$4,354Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$452Income earned, not collected on loans
$676Earning assets
$55,862Long-term assets (5+ years)
$10,350Average Assets, year-to-date
$57,521Average Assets, quarterly
$59,660Volatile liabilities
$12,737Insider loans
$174FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,368Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,515Total risk weighted assets
$38,887Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$4,697Total interest expense
$2,580Net interest income
$2,117Provision for loan and lease losses
$95Total noninterest income
$273Fiduciary activities
$0Service charges on deposit accounts
$192Trading account gains & fees
$0Additional noninterest income
$81Total noninterest expense
$1,413Salaries and employee benefits
$812Premises and equipment expense
$278Additional noninterest expense
$323Pre-tax net operating income
$882Securities gains (losses)
$29Applicable income taxes
$333Income before extraordinary items
$578Extraordinary gains - net
$0Net income attributable to bank
$578Net charge-offs
$110Cash dividends
$6Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.92%Cost of funding earning assets
4.90%Net interest margin
4.02%Noninterest income to earning assets
0.52%Noninterest expense to earning assets
2.68%Net operating income to assets
0.97%Return on assets (ROA)
1.00%Pretax return on assets
1.58%Return on equity (ROE)
13.80%Retained earnings to average equity (YTD only)
13.66%Net charge-offs to loans
0.33%Credit loss provision to net charge-offs
86.36%Efficiency ratio
59,121Assets per employee
2.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
1.04%Loss allowance to loans
1.16%Loss allowance to noncurrent loans
92.70%Noncurrent assets plus other real estate owned to assets
1.84%Noncurrent loans to loans
1.25%Net loans and leases to deposits
63.45%Net loans and leases to core deposits
82.06%Equity capital to assets
7.36%Core capital (leverage) ratio
7.61%Tier 1 risk-based capital ratio
11.61%Total risk-based capital ratio
Memoranda
$13Average assets
$57,521Average earning assets
$4,189Average equity
$52,645Average loans

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