Tryon Federal Savings and Loan Association in Tryon, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1996

Tryon Federal Savings and Loan Association in Tryon, North Carolina (NC)
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Tryon Federal Savings and Loan Association - Overview

General
FDIC Certificate #: 29565
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: HomeTrust Bank (#27677)
Federal Reserve ID: 512277
Date Established: November 23, 1935
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 3674
FDIC's unique #: 42399
Numeric code: 38
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: November 23, 1935
Last Structure Change Effective Date: October 01, 1996
Last Structure Change Process Date: November 25, 1996
Last Data Update: November 25, 1996
Data Source Date: April 05, 2012
Location
Address: 109 South Trade Street, Tryon, NC 28782
County: Polk
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Charlotte
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $118.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$21Total assets
$114,008Cash and due from depository institutions
$9,767Interest-bearing balances
$5,310Securities
$26,568Federal funds sold & reverse repurchase agreements
$500Net loans & leases
$75,220Loan loss allowance
$350Trading account assets
$0Bank premises and fixed assets
$581Other real estate owned
$33Goodwill and other intangibles
$1,339Life insurance assets
$0All other assets
$0Total liabilities and capital
$114,008Total liabilities
$103,496Total deposits
$102,205Interest-bearing deposits
$101,058Deposits held in domestic offices
102205.00%% insured (estimated)
$94Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,291Total equity capital
$1,291Total bank equity capital
$10,512Perpetual preferred stock
$0Common stock
$0Surplus
$0Undivided profits
Memoranda
$10,512Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$251Income earned, not collected on loans
$0Earning assets
$107,598Long-term assets (5+ years)
$0Average Assets, year-to-date
$108,798Average Assets, quarterly
$113,194Volatile liabilities
$19,809Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,060Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$10,498Total risk weighted assets
$49,803Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$7,381Total interest expense
$4,770Net interest income
$2,611Provision for loan and lease losses
$119Total noninterest income
$314Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$314Total noninterest expense
$1,829Salaries and employee benefits
$1,022Premises and equipment expense
$142Additional noninterest expense
$665Pre-tax net operating income
$977Securities gains (losses)
$0Applicable income taxes
$354Income before extraordinary items
$623Extraordinary gains - net
$0Net income attributable to bank
$623Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.15%Cost of funding earning assets
4.62%Net interest margin
2.53%Noninterest income to earning assets
0.30%Noninterest expense to earning assets
1.77%Net operating income to assets
0.57%Return on assets (ROA)
0.57%Pretax return on assets
0.90%Return on equity (ROE)
6.12%Retained earnings to average equity (YTD only)
6.12%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
62,530Assets per employee
5.43%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.46%Loss allowance to noncurrent loans
139.44%Noncurrent assets plus other real estate owned to assets
0.25%Noncurrent loans to loans
0.33%Net loans and leases to deposits
73.60%Net loans and leases to core deposits
91.29%Equity capital to assets
9.22%Core capital (leverage) ratio
9.21%Tier 1 risk-based capital ratio
21.08%Total risk-based capital ratio
Memoranda
$22Average assets
$108,798Average earning assets
$10,188Average equity
$103,198Average loans

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