First Bank of Tennessee

First Bank of Tennessee is headquartered in Spring City and is the 80^th largest bank in the state of Tennessee. It is also the 2,745^th largest bank in the nation. It was established in 1890 and as of March of 2012, it had grown to 67 employees at 6 locations. First Bank of Tennessee's savings rates are 3X the national average, and it has a 4-star health rating.

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First Bank of Tennessee IRA Rates

Data for Q1 2012

Institution Statistics First Bank of Tennessee FDIC Certificate # 10693 BankRate Report View Year Established 1890 Employees 67 Primary Regulator FDIC Assets and Liabilities Assets $233.23 million Loans $184.44 million Deposits $203.66 million Equity Capital $23.37 million Loan Loss Allowance $2.66 million Unbacked Noncurrent Loans $4.57 million Real Estate Owned $4.45 million Historic Data - March 2011 Assets $224.33 million Equity Capital $20.74 million Loan Loss Allowance $3.18 million Unbacked Noncurrent Loans $11.51 million Real Estate Owned $4.31 million Profit Margin - Quarterly Net Interest Margin 5.51% Return on Assets 1.45% Return on Equity 14.51% Interest Income $3.35 million

Institution Health Overall Score: 4 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 March 31, 2012 First Bank of Tennessee had $9.02 million in non-current loans and owned real-estate with $26.03 million in equity and loan loss allowances on hand to cover it. This gives First Bank of Tennessee a Texas Ratio of 34.66% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First Bank of Tennessee decreased significantly from 66.13% as of March 31, 2011 to 34.66% as of March 31, 2012, resulting in a positive change of 47.59%.This indicates that the balance sheet and financial strength for First Bank of Tennessee has improved significantly in recent periods. Deposit Growth In the past year, First Bank of Tennessee has increased its total deposits by $6.44 million, resulting in 3.27% 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 First Bank of Tennessee has shown is above 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. First Bank of Tennessee has $233.23 million in assets with $26.03 million in equity, resulting in a capitalization level of 11.16%, which is above average.

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