Avenue Bank
Nashville, TN — Non-member Bank
Acquired Jul 2016
Vitals
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Total Assets1.2B 13.8 %
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Total Deposits967.3M 13.5 %
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Total Net Loans971.0M 22.8 %
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Net Income4.4M 23.9 %
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Book Value121.1M 10.9 %
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Book Value x2242.2M 10.9 %
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Book Value x3363.2M 10.9 %
Balance Sheet Highlights
Financial Highlights | Avenue Bank | All Insured Commercial Banks in Tennessee |
Balance Sheet $(000) | ||
Total Assets | 1,224,181 | 339,803 |
Total Net Loans | 971,004 | 230,731 |
Total Deposits | 967,330 | 284,058 |
Total Equity | 121,075 | 37,191 |
Profitability | ||
Net Income | 4,439 | 1,776 |
Return on Average Assets | .744 | .972 |
Return on Average Equity | 7.532 | 8.855 |
Net Interest Margin | 3.408 | 4.026 |
Efficiency Ratio | 66.56 | 69.175 |
Noninterest Income/Revenue | 12.788 | 17.136 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 100.38 | 77.429 |
Securities/Assets | .131 | .172 |
Total Equity/Total Assets | .099 | .109 |
Tangible Equity/Tangible Assets | .096 | .106 |
Capital Adequacy | ||
Tier 1 Common Capital | 118,009 | 34,697 |
Tier 1 Capital | 118,009 | 34,862 |
Tier 2 Capital | 11,204 | 2,580 |
Total Capital | 129,213 | 37,439 |
Total Risk Weighted Assets | 1,121,381 | 242,649 |
Leverage Ratio | 9.89 | 10.571 |
Common Equity Tier 1 Capital Ratio | 10.52 | 15.362 |
Tier 1 Capital Ratio | 10.52 | 15.419 |
Total Capital Ratio | 11.52 | 16.509 |
Timeline for Avenue Bank
Avenue Financial Holdings, Inc.
Avenue Financial Holdings, Inc. became a new parent organization for Avenue Bank.
View Profile Feb 15 2007Avenue Bank
Avenue Bank was established 112 years ago and is currently headquartered in Nashville, TN.
Sep 08 1911Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Pinnacle Bank | Buyer | 10,910,711 | Acquisition | Discontinued | 7/1/2016 |
Relationships | Role | Relationship Start | Relationship End |
Avenue Financial Holdings, Inc. | Parent | 2/15/2007 | 6/30/2016 |
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