Carter County Bank of Elizabethton, Tennessee

Carter County Bank of Elizabethton, Tennessee is headquartered in Elizabethton and is the 65^th largest bank in the state of Tennessee. It is also the 2,363^rd largest bank in the nation. It was established in 1939 and as of December of 2011, it had grown to 63 employees at 6 locations. Carter County Bank of Elizabethton, Tennessee has a 3-star health rating.

Carter County Bank of Elizabethton, Tennessee CD Rates

Data for Q4 2011

Institution Statistics Carter County Bank of Elizabethton, Tennessee FDIC Certificate # 15685 BankRate Report View Year Established 1939 Employees 63 Primary Regulator FDIC Assets and Liabilities Assets $270.34 million Loans $175.48 million Deposits $208.27 million Equity Capital $26.03 million Loan Loss Allowance $3.19 million Unbacked Noncurrent Loans $3.62 million Real Estate Owned $4.65 million Historic Data - December 2010 Assets $272.26 million Equity Capital $24.29 million Loan Loss Allowance $3.40 million Unbacked Noncurrent Loans $4.13 million Real Estate Owned $6.96 million Profit Margin - Quarterly Net Interest Margin 3.8% Return on Assets 0.69% Return on Equity 7.48% Interest Income $12.07 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Carter County Bank of Elizabethton, Tennessee had $8.28 million in non-current loans and owned real-estate with $29.22 million in equity and loan loss allowances on hand to cover it. This gives Carter County Bank of Elizabethton, Tennessee a Texas Ratio of 28.32% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Carter County Bank of Elizabethton, Tennessee decreased slightly from 40.04% as of December 31, 2010 to 28.32% as of December 31, 2011, resulting in a positive change of 29.28%.This indicates that the balance sheet and financial strength for Carter County Bank of Elizabethton, Tennessee has improved slightly in recent periods. Deposit Growth In the past year, Carter County Bank of Elizabethton, Tennessee has decreased its total deposits by -$2.39 million, resulting in -1.14% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Carter County Bank of Elizabethton, Tennessee has shown is below average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Carter County Bank of Elizabethton, Tennessee has $270.34 million in assets with $29.22 million in equity, resulting in a capitalization level of 10.81%, which is above average.

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