Vitals
  • Total Assets
    274.9M 2.0 %
  • Total Deposits
    233.7M 1.0 %
  • Total Net Loans
    136.0M 5.8 %
  • Net Income
    1.1M -6.3 %
  • Book Value
    40.4M 8.6 %
  • Book Value x2
    80.9M 8.6 %
  • Book Value x3
    121.3M 8.6 %
ROAA

.836

ROAE

5.604

Efficiency Ratio

69.52

Net Interest Margin

3.874

Balance Sheet Highlights
Financial Highlights Southern Heritage Bank All Insured Commercial Banks in Tennessee
Balance Sheet $(000)
Total Assets 274,916 339,803
Total Net Loans 135,999 230,731
Total Deposits 233,674 284,058
Total Equity 40,449 37,191
Profitability
Net Income 1,113 1,776
Return on Average Assets .836 .972
Return on Average Equity 5.604 8.855
Net Interest Margin 3.874 4.026
Efficiency Ratio 69.52 69.175
Noninterest Income/Revenue 22.964 17.136
Balance Sheet Ratios
Loan-to-Deposit 58.2 77.429
Securities/Assets .315 .172
Total Equity/Total Assets .147 .109
Tangible Equity/Tangible Assets .111 .106
Capital Adequacy
Tier 1 Common Capital 29,785 34,697
Tier 1 Capital 29,785 34,862
Tier 2 Capital 546 2,580
Total Capital 30,331 37,439
Total Risk Weighted Assets 160,384 242,649
Leverage Ratio 11.49 10.571
Common Equity Tier 1 Capital Ratio 18.57 15.362
Tier 1 Capital Ratio 18.57 15.419
Total Capital Ratio 18.91 16.509

Timeline for Southern Heritage Bank

First Citizens National Bank

Southern Heritage Bank was acquired by First Citizens National Bank 8 years

View Profile Sep 30 2016

First Citizens Bancshares, Inc.

First Citizens Bancshares, Inc. became a new parent organization for Southern Heritage Bank.

View Profile Oct 01 2014

Southern Heritage Bancshares, Inc.

Southern Heritage Bancshares, Inc. became a new parent organization for Southern Heritage Bank.

View Profile Sep 01 2004

Southern Heritage Bank

Southern Heritage Bank was established 25 years ago and is currently headquartered in Cleveland, TN.

Apr 12 1999
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First Citizens National Bank Buyer 1,623,051 Pooling of Interests Discontinued 9/30/2016
Relationships Role Relationship Start Relationship End
First Citizens Bancshares, Inc. Parent 10/1/2014 9/29/2016
Southern Heritage Bancshares, Inc. Parent 9/1/2004 9/30/2014
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