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First Tuskegee Bank in city_name, state_name - Detailed Financial Reports, Location
FDIC Certificate #: 33519 Status: Active Federal Reserve ID: 1897168 Bank Holding Company (Regulatory Top Holder): Birthright, Incorporated (RSSDID: 2099361, Location: Montgomery, AL) Date Established: October 11, 1991 WWW:http://www.firsttuskegeebank.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Domestic: 3, Interstate: No) OTS Docket #: 10615 FDIC's unique #: 47291 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: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: October 11, 1991 Last Structure Change Effective Date: May 22, 2007 Last Structure Change Process Date: June 21, 2007 Last Data Update: June 21, 2007 Data Source Date: April 05, 2012
Location
Address: 301 North Elm Street, Tuskegee, AL 36083 County: Macon Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Montgomery Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Combined Statistical Area (CSA): Columbus-Auburn-Opelika, GA-AL (#194) Core Based Statistical Area (CBSA): Tuskegee, AL (#46260) CBSA Micro Statistical Area: Yes
History of Changes
Corrections
Financial Summary
Total assets: $67.2 mil Equity capital: $5.7 mil Deposits held in domestic offices: $58.5 mil Return on assets (ROA): -0.14% (-$0.1 mil) Quarterly return on assets: -3.43% (-$2.3 mil) Return on Equity (ROE): -1.69% (-$0.1 mil) Quarterly return on equity: -38.53% (-$2.3 mil) Net income: -$0.1 mil Quarterly Net income: -$0.6 mil Pretax return on assets: -0.15% (-$100.8 mil) Quarterly Pretax return on assets: -3.43% (-$2,305.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
30Total employees (full-time equivalent)
$67,219Total assets
$5,756Cash and due from depository institutions
$4,454Interest-bearing balances
$15,735Securities
$0Federal funds sold & reverse repurchase agreements
$36,261Net loans & leases
$571Loan loss allowance
$0Trading account assets
$2,100Bank premises and fixed assets
$5,299Other real estate owned
$0Goodwill and other intangibles
$67,219Life insurance assets
$2,068All other assets
$61,539Total liabilities and capital
$58,483Total liabilities
$50,440Total deposits
$58,483Interest-bearing deposits
$90Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$3,000Trading liabilities
$0Other borrowed funds
$56Subordinated debt
$5,680All other liabilities
$5,680Total equity capital
$5,680Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$4,171Surplus
$1,509Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,978Income earned, not collected on loans
$0Earning assets
$180Long-term assets (5+ years)
$56,450Average Assets, year-to-date
$24,721Average Assets, quarterly
$69,287Volatile liabilities
$66,973Insider loans
$45,025FHLB advances
$66,152Loans and leases held for sale
$900Unused loan commitments
$900Tier 1 (core) risk-based capital
$5,426Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$596Restructured Loans and leases
$940Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,955Total interest income
$434Total interest expense
$2,521Net interest income
$330Provision for loan and lease losses
$1,101Total noninterest income
$0Fiduciary activities
$270Service charges on deposit accounts
$0Trading account gains & fees
$831Additional noninterest income
$3,395Total noninterest expense
$1,553Salaries and employee benefits
$415Premises and equipment expense
$1,427Additional noninterest expense
-$103Pre-tax net operating income
$0Securities gains (losses)
-$8Applicable income taxes
-$95Income before extraordinary items
$0Extraordinary gains - net
-$95Net income attributable to bank
$0Net charge-offs
-$95Cash dividends
$440Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.10%Yield on earning assets
0.75%Cost of funding earning assets
4.35%Net interest margin
1.90%Noninterest income to earning assets
5.85%Noninterest expense to earning assets
-0.14%Net operating income to assets
-0.14%Return on assets (ROA)
-0.15%Pretax return on assets
-1.69%Return on equity (ROE)
-1.69%Retained earnings to average equity (YTD only)
1.18%Net charge-offs to loans
75.00%Credit loss provision to net charge-offs
0.52%Efficiency ratio
93,733Assets per employee
2.24%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.55%Loss allowance to noncurrent loans
14.35%Noncurrent assets plus other real estate owned to assets
13.80%Noncurrent loans to loans
10.80%Net loans and leases to deposits
62.00%Net loans and leases to core deposits
66.78%Equity capital to assets
8.45%Core capital (leverage) ratio
8.20%Tier 1 risk-based capital ratio
12.05%Total risk-based capital ratio
Memoranda
$13Average assets
$69,287Average earning assets
$5,630Average equity
$57,989Average loans
List of branches
3 Alabama Branches as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
47291
First Tuskegee Bank
301 North Elm Street, Tuskegee, AL 36083
October 11, 1991
Full Service Brick and Mortar
3
289700
Adams Avenue Branch
660 Adams Avenue, Montgomery, AL 36104
January 09, 1996
Full Service Brick and Mortar
4
466269
Eastdale Circle Branch
3900 Eastdale Circle, Montgomery, AL 36117
April 30, 2007
Full Service Brick and Mortar
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