Friendship Bank
Friendship, TN — Domestic Branch of a Domestic Bank
Acquired Jan 2005
Vitals
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Total Assets82.3M -1.9 %
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Total Deposits70.6M -0.7 %
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Total Net Loans62.4M 10.0 %
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Net Income694000.0000
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Book Value8.3M 0.0 %
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Book Value x216.7M 0.0 %
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Book Value x325.0M 0.0 %
Balance Sheet Highlights
| Financial Highlights | Friendship Bank | All Insured Commercial Banks in Tennessee |
| Balance Sheet $(000) | ||
| Total Assets | 82,335 | 179,127 |
| Total Net Loans | 62,428 | 120,380 |
| Total Deposits | 70,561 | 147,962 |
| Total Equity | 8,335 | 18,556 |
| Profitability | ||
| Net Income | 694 | 6,377 |
| Return on Average Assets | .839 | 1.125 |
| Return on Average Equity | 8.227 | 11.178 |
| Net Interest Margin | 4.242 | 4.304 |
| Efficiency Ratio | 82.904 | 67.909 |
| Noninterest Income/Revenue | 8.488 | 14.798 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 88.474 | 77.975 |
| Securities/Assets | .166 | .451 |
| Total Equity/Total Assets | .101 | .104 |
| Tangible Equity/Tangible Assets | .101 | -1.998 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 8,341 | 17,138 |
| Tier 2 Capital | 760 | 1,455 |
| Total Capital | 9,101 | 18,622 |
| Total Risk Weighted Assets | 59,711 | 127,497 |
| Leverage Ratio | 10.17 | 10.266 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 13.97 | 15.329 |
| Total Capital Ratio | 15.24 | 16.513 |
Timeline for Friendship Bank
Clayton Bank And Trust
Friendship Bank was acquired by Clayton Bank And Trust 19 years
View Profile Jan 08 2005
Friendship Bancshares, Inc.
Friendship Bancshares, Inc. became a new parent organization for Friendship Bank.
View Profile Sep 03 1986
Friendship Bank
Friendship Bank was established 120 years ago and is currently headquartered in Friendship, TN.
Mar 01 1904| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Clayton Bank And Trust | Buyer | 908,173 | Acquisition | Discontinued | 1/8/2005 |
| Relationships | Role | Relationship Start | Relationship End |
| Friendship Bancshares, Inc. | Parent | 12/31/1988 | 1/7/2005 |
| Friendship Bancshares, Inc. | Parent | 9/3/1986 | 12/30/1988 |
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