Mountain National Bank
Sevierville, TN — National Bank
Acquired Jun 2013
Vitals
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Total Assets437.3M -15.3 %
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Total Deposits373.4M -15.9 %
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Total Net Loans248.2M -17.0 %
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Net Income-820000.0000 -154.6 %
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Book Value8.6M -27.7 %
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Book Value x217.2M -27.7 %
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Book Value x325.9M -27.7 %
Balance Sheet Highlights
| Financial Highlights | Mountain National Bank | All Insured Commercial Banks in Tennessee |
| Balance Sheet $(000) | ||
| Total Assets | 437,282 | 279,281 |
| Total Net Loans | 248,152 | 173,886 |
| Total Deposits | 373,366 | 237,765 |
| Total Equity | 8,618 | 28,817 |
| Profitability | ||
| Net Income | -820 | 563 |
| Return on Average Assets | -.732 | .75 |
| Return on Average Equity | -35.635 | 7.018 |
| Net Interest Margin | 2.431 | 3.864 |
| Efficiency Ratio | 126.303 | 73.06 |
| Noninterest Income/Revenue | 20.266 | 15.513 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 66.464 | 71.104 |
| Securities/Assets | .163 | .199 |
| Total Equity/Total Assets | .02 | .103 |
| Tangible Equity/Tangible Assets | .02 | .101 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 8,566 | 27,218 |
| Tier 2 Capital | 4,192 | 2,259 |
| Total Capital | 12,758 | 29,483 |
| Total Risk Weighted Assets | 327,452 | 186,922 |
| Leverage Ratio | 1.91 | 9.986 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 2.62 | 15.245 |
| Total Capital Ratio | 3.9 | 16.447 |
Timeline for Mountain National Bank
Mountain National Bank was acquired by 10 years
Jun 08 2013
First Tennessee Bank, National Association
Mountain National Bank was acquired by First Tennessee Bank, National Association 10 years
View Profile Jun 08 2013
Mnb Holdings, Inc.
Mnb Holdings, Inc. became a new subsidiary organization for Mountain National Bank.
View Profile Apr 01 2005
Mountain National Bancshares, Inc.
Mountain National Bancshares, Inc. became a new parent organization for Mountain National Bank.
View Profile Jul 01 2002
Mountain National Bank
Mountain National Bank was established 25 years ago and is currently headquartered in Sevierville, TN.
Nov 23 1998| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| First Tennessee Bank, National Association | Buyer | 28,254,043 | Failure | 6/8/2013 |
| Relationships | Role | Relationship Start | Relationship End |
| Mountain National Bancshares, Inc. | Parent | 7/1/2002 | 6/7/2013 |
| Mnb Holdings, Inc. | Subsidary | 6/30/2007 | 6/7/2013 |
| Mnb Holdings, Inc. | Subsidary | 4/1/2005 | 6/29/2007 |
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