FDIC Certificate #: 33417 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:United Community Bank (#16889) Federal Reserve ID: 1864375 Date Established: June 04, 1991 WWW:http://www.ucbi.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 9 (Interstate: No) OTS Docket #: 10419 FDIC's unique #: 47077 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: June 04, 1991 Last Structure Change Effective Date: April 01, 2006 Last Structure Change Process Date: April 07, 2006 Last Data Update: April 07, 2006 Data Source Date: April 05, 2012
Location
Address: 725 Highway 321 North, Lenoir City, TN 37771 County: Loudon Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Atlanta FDIC Field Office: Knoxville Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Knoxville, TN (#3840) Combined Statistical Area (CSA): Knoxville-Sevierville-La Follette, TN (#314) Core Based Statistical Area (CBSA): Knoxville, TN (#28940) CBSA Metro Statistical Area: Knoxville, TN (#28940)
Financial Summary
Total assets: $333.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
69Total employees (full-time equivalent)
$303,752Total assets
$5,602Cash and due from depository institutions
$110Interest-bearing balances
$50,095Securities
$32,931Federal funds sold & reverse repurchase agreements
$185,533Net loans & leases
$2,335Loan loss allowance
$0Trading account assets
$7,311Bank premises and fixed assets
$0Other real estate owned
$19,571Goodwill and other intangibles
$0Life insurance assets
$2,709All other assets
$303,752Total liabilities and capital
$263,452Total liabilities
$259,735Total deposits
$225,085Interest-bearing deposits
$259,735Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$880Other borrowed funds
$0Subordinated debt
$2,837All other liabilities
$40,300Total equity capital
$40,300Total bank equity capital
$40,300Perpetual preferred stock
$0Common stock
$1,929Surplus
$35,671Undivided profits
Memoranda
$2,700Noncurrent loans and leases
$57,016Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$578Earning assets
$0Long-term assets (5+ years)
$1,239Average Assets, year-to-date
$268,669Average Assets, quarterly
$20,766Volatile liabilities
$268,844Insider loans
$290,014FHLB advances
$61,344Loans and leases held for sale
$9,948Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,000Tier 2 risk-based capital
$0Total risk weighted assets
$57,016Total unused commitments
$0Restructured Loans and leases
$2,335Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$14,556Total interest income
$5,300Total interest expense
$9,256Net interest income
$555Provision for loan and lease losses
$1,644Total noninterest income
$0Fiduciary activities
$903Service charges on deposit accounts
$0Trading account gains & fees
$741Additional noninterest income
$7,973Total noninterest expense
$3,755Salaries and employee benefits
$847Premises and equipment expense
$3,371Additional noninterest expense
$2,372Pre-tax net operating income
$0Securities gains (losses)
$851Applicable income taxes
$1,521Income before extraordinary items
$0Extraordinary gains - net
$1,521Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$98Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.21%Yield on earning assets
2.26%Cost of funding earning assets
3.95%Net interest margin
0.70%Noninterest income to earning assets
3.40%Noninterest expense to earning assets
0.57%Net operating income to assets
0.57%Return on assets (ROA)
0.88%Pretax return on assets
4.00%Return on equity (ROE)
4.00%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
566.33%Credit loss provision to net charge-offs
29.87%Efficiency ratio
70,523Assets per employee
4.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.24%Loss allowance to noncurrent loans
403.98%Noncurrent assets plus other real estate owned to assets
0.19%Noncurrent loans to loans
0.31%Net loans and leases to deposits
71.43%Net loans and leases to core deposits
93.11%Equity capital to assets
13.27%Core capital (leverage) ratio
8.22%Tier 1 risk-based capital ratio
10.31%Total risk-based capital ratio
Memoranda
$11Average assets
$268,844Average earning assets
$38,028Average equity
$234,370Average loans
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