First State Bank
Union City, TN — Non-member Bank
Acquired Sep 2015
Vitals
-
Total Assets1.9B -2.1 %
-
Total Deposits1.5B -0.7 %
-
Total Net Loans1.1B 0.6 %
-
Net Income8.4M -29.4 %
-
Book Value296.4M 49.8 %
-
Book Value x2592.8M 49.8 %
-
Book Value x3889.2M 49.8 %
Balance Sheet Highlights
Financial Highlights | First State Bank | All Insured Commercial Banks in Tennessee |
Balance Sheet $(000) | ||
Total Assets | 1,900,083 | 315,249 |
Total Net Loans | 1,143,688 | 209,454 |
Total Deposits | 1,544,858 | 264,634 |
Total Equity | 296,410 | 33,762 |
Profitability | ||
Net Income | 8,351 | 1,473 |
Return on Average Assets | .87 | .861 |
Return on Average Equity | 6.301 | 8.063 |
Net Interest Margin | 2.953 | 3.958 |
Efficiency Ratio | 53.866 | 71.347 |
Noninterest Income/Revenue | 21.407 | 17.036 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 74.032 | 74.703 |
Securities/Assets | .241 | .185 |
Total Equity/Total Assets | .156 | .107 |
Tangible Equity/Tangible Assets | .092 | .104 |
Capital Adequacy | ||
Tier 1 Common Capital | 181,491 | 32,106 |
Tier 1 Capital | 181,616 | 32,552 |
Tier 2 Capital | 1,912 | 2,407 |
Total Capital | 183,528 | 35,028 |
Total Risk Weighted Assets | 1,152,701 | 225,106 |
Leverage Ratio | 10.1 | 10.423 |
Common Equity Tier 1 Capital Ratio | 15.74 | 15.275 |
Tier 1 Capital Ratio | 15.76 | 15.365 |
Total Capital Ratio | 15.92 | 16.465 |
Timeline for First State Bank
Simmons First National Corporation
Simmons First National Corporation became a new parent organization for First State Bank.
View Profile Feb 28 2015Fs Providence Pcc Of Grenada, Llc
Fs Providence Pcc Of Grenada, Llc became a new subsidiary organization for First State Bank.
View Profile Mar 25 2013Fs Data Services, Inc.
Fs Data Services, Inc. became a new subsidiary organization for First State Bank.
View Profile Sep 12 2007Simmons First Auto, Inc
Simmons First Auto, Inc became a new subsidiary organization for First State Bank.
View Profile Oct 01 2006Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Simmons Bank | Buyer | 7,660,785 | Pooling of Interests | Discontinued | 9/5/2015 |
Bankers Mortgage Company | Seller | Pooling of Interests | Discontinued | 1/1/2004 | |
The Bank Of Sharon | Seller | 143,822 | Pooling of Interests | Discontinued | 1/25/2003 |
First State Bank | Seller | 284,345 | Pooling of Interests | Discontinued | 1/25/2003 |
City State Bank | Seller | 111,217 | Pooling of Interests | Discontinued | 1/25/2003 |
Relationships | Role | Relationship Start | Relationship End |
Simmons First National Corporation | Parent | 2/28/2015 | 9/4/2015 |
Community First Bancshares, Inc. | Parent | 2/12/1996 | 2/27/2015 |
Weakley County Bancshares, Inc. | Parent | 5/16/1988 | 2/11/1996 |
Simmons First Finance Company | Subsidary | 6/30/2007 | 9/4/2015 |
Simmons First Insurance Services Of Tn, Llc | Subsidary | 6/30/2007 | 9/4/2015 |
Simmons First Auto, Inc | Subsidary | 6/30/2007 | 9/4/2015 |
Simmons First Properties, Inc | Subsidary | 6/30/2007 | 9/4/2015 |
Simmons First Special Assets | Subsidary | 6/30/2007 | 9/4/2015 |
Fs Providence Pcc Of Grenada, Llc | Subsidary | 3/25/2013 | 9/4/2015 |
First State Development Corporation | Subsidary | 6/30/2007 | 9/3/2015 |
First State Transportation, Inc. | Subsidary | 6/30/2007 | 9/3/2015 |
First State Atms, Inc. | Subsidary | 6/30/2007 | 9/3/2015 |
Fs Data Services, Inc. | Subsidary | 9/12/2007 | 9/3/2015 |
Simmons First Finance Company | Subsidary | 1/25/2003 | 6/29/2007 |
First State Development Corporation | Subsidary | 1/25/2003 | 6/29/2007 |
Simmons First Insurance Services Of Tn, Llc | Subsidary | 1/26/2004 | 6/29/2007 |
Simmons First Auto, Inc | Subsidary | 10/1/2006 | 6/29/2007 |
First State Transportation, Inc. | Subsidary | 10/1/2006 | 6/29/2007 |
First State Atms, Inc. | Subsidary | 10/1/2006 | 6/29/2007 |
Simmons First Properties, Inc | Subsidary | 10/1/2006 | 6/29/2007 |
Simmons First Special Assets | Subsidary | 10/1/2006 | 6/29/2007 |
American Holdings Investments, Inc | Subsidary | 1/25/2003 | 2/1/2006 |
Fs Investment Inc | Subsidary | 11/18/2003 | 10/31/2004 |
Bankers Mortgage Company | Subsidary | 1/25/2003 | 12/31/2003 |
Fs Management Inc | Subsidary | 1/25/2003 | 11/17/2003 |
Bankers Mortgage Company | Subsidary | 9/1/2001 | 1/24/2003 |
Simmons First Finance Company | Subsidary | 9/1/2001 | 1/24/2003 |
American Holdings Investments, Inc | Subsidary | 9/1/2001 | 1/24/2003 |
Bankers Mortgage Company | Subsidary | 12/31/2000 | 8/31/2001 |
Simmons First Finance Company | Subsidary | 12/31/2000 | 8/31/2001 |
American Holdings Investments, Inc | Subsidary | 12/31/2000 | 8/31/2001 |
Bankers Mortgage Company | Subsidary | 7/22/1999 | 12/30/2000 |
Simmons First Finance Company | Subsidary | 7/22/1999 | 12/30/2000 |
American Holdings Investments, Inc | Subsidary | 7/23/1999 | 12/30/2000 |
Fleetone Factoring, Inc. | Subsidary | 7/22/1999 | 3/31/2000 |
Bankers Mortgage Company | Subsidary | 1/22/1998 | 7/21/1999 |
Simmons First Finance Company | Subsidary | 2/3/1997 | 7/21/1999 |
Fleetone Factoring, Inc. | Subsidary | 10/20/1998 | 7/21/1999 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
Washingtonfirst Bank
|
Reston | VA | 1.9B |
Kleinbank
|
Big Lake | MN | 1.9B |
Heritage Oaks Bank
|
Paso Robles | CA | 2.0B |
The Bank Of Edwardsville
|
Edwardsville | IL | 1.8B |
Crossfirst Bank
|
Leawood | KS | 1.9B |
Star Financial Bank
|
Fort Wayne | IN | 1.8B |
Bank Of The Sierra
|
Porterville | CA | 2.0B |
Bac Florida Bank
|
Coral Gables | FL | 1.9B |
Georgia Bank & Trust Company Of Augusta
|
Augusta | GA | 1.9B |
Bank Of Guam
|
Hagatna | GU | 1.8B |