Union Planters Bank of the Cumberlands in Cookeville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1998

  • Union Planters Bank of the Cumberlands in Cookeville, Tennessee (TN)
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Union Planters Bank of the Cumberlands - Overview

  • General
  • FDIC Certificate #: 1704
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Union Planters Bank, National Association (#4979)
    Federal Reserve ID: 704232
    Date Established: January 01, 1914
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 12 (Interstate: No)
    OTS Docket #: 13373
    FDIC's unique #: 1123
    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: January 01, 1998
    Last Structure Change Process Date: January 22, 1998
    Last Data Update: January 24, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 10 West Broad Street, Cookeville, TN 38501
    County: Putnam
    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
    Core Based Statistical Area (CBSA): Cookeville, TN (#18260)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $247.6 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 101Total employees (full-time equivalent)
  • $247,642Total assets
  • $9,269Cash and due from depository institutions
  • $15Interest-bearing balances
  • $49,584Securities
  • $24,375Federal funds sold & reverse repurchase agreements
  • $155,773Net loans & leases
  • $1,998Loan loss allowance
  • $0Trading account assets
  • $5,027Bank premises and fixed assets
  • $190Other real estate owned
  • $663Goodwill and other intangibles
  • $0Life insurance assets
  • $2,761All other assets
  • $247,642Total liabilities and capital
  • $229,800Total liabilities
  • $226,486Total deposits
  • $204,519Interest-bearing deposits
  • $226,486Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,395Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,919All other liabilities
  • $17,842Total equity capital
  • $17,842Total bank equity capital
  • $17,842Perpetual preferred stock
  • $0Common stock
  • $2,025Surplus
  • $11,739Undivided profits
  • Memoranda
  • $4,078Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $605Earning assets
  • $0Long-term assets (5+ years)
  • $1,216Average Assets, year-to-date
  • $229,747Average Assets, quarterly
  • $84,955Volatile liabilities
  • $245,001Insider loans
  • $245,779FHLB advances
  • $20,465Loans and leases held for sale
  • $508Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $203Total risk weighted assets
  • $11,606Total unused commitments
  • $0Restructured Loans and leases
  • $135,489Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $18,670Total interest income
  • $8,779Total interest expense
  • $9,891Net interest income
  • $300Provision for loan and lease losses
  • $2,305Total noninterest income
  • $0Fiduciary activities
  • $1,614Service charges on deposit accounts
  • $0Trading account gains & fees
  • $691Additional noninterest income
  • $7,061Total noninterest expense
  • $3,391Salaries and employee benefits
  • $1,329Premises and equipment expense
  • $2,341Additional noninterest expense
  • $4,835Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,671Applicable income taxes
  • $3,164Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,164Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $207Sale, conversion, retirement of capital stock, net
  • $3,485Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.22%Yield on earning assets
  • 3.87%Cost of funding earning assets
  • 4.36%Net interest margin
  • 1.02%Noninterest income to earning assets
  • 3.11%Noninterest expense to earning assets
  • 1.29%Net operating income to assets
  • 1.29%Return on assets (ROA)
  • 1.97%Pretax return on assets
  • 17.53%Return on equity (ROE)
  • -1.78%Retained earnings to average equity (YTD only)
  • 0.12%Net charge-offs to loans
  • 144.93%Credit loss provision to net charge-offs
  • 24.81%Efficiency ratio
  • 57,322Assets per employee
  • 2.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 110.15%Loss allowance to loans
  • 1.27%Loss allowance to noncurrent loans
  • 330.25%Noncurrent assets plus other real estate owned to assets
  • 0.32%Noncurrent loans to loans
  • 0.38%Net loans and leases to deposits
  • 68.78%Net loans and leases to core deposits
  • 75.10%Equity capital to assets
  • 7.20%Core capital (leverage) ratio
  • 6.47%Tier 1 risk-based capital ratio
  • 11.70%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $245,001Average earning assets
  • $18,044Average equity
  • $227,034Average loans

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