2014-03-14T15:00:03-05:00 2013-04-30 CROWE HORWATH LLP 105 Continental Place Suite 200 Brentwood TN 37027 990 2012-05-01 620379580 TENNESSEE BANKERS ASSOCIATION INC TENN 6152444871 211 ATHENS WAY NASHVILLE TN 37228 COLLIN BARRETT 2014-03-11 true Rachel Spurlock P00520729 6153605500 2012 2015-11-30 17:44:51Z COLLIN BARRETT 211 ATHENS WAY NASHVILLE TN 37228 5478038 false X WWW.TNBANKERS.ORG X 1890 TN A TRADE ASSOCIATION ORGANIZED TO ASSIST, INFORM, & EDUCATE ITS MEMBERS WHO CONSIST OF COMMERCIAL BANKS, THRIFT INSTITUTIONS & TRUST COMPANIES IN TENNESSEE. 23 22 22 441 1086925 0 453540 423703 4041209 4506204 95308 115977 118094 79872 4708151 5125756 0 0 0 0 1637398 2062985 0 0 0 2896581 3002790 4533979 5065775 174172 59981 14325531 14932022 1603132 1791168 12722399 13140854 THE MISSION OF THE TENNESSEE BANKERS ASSOCIATION IS TO REPRESENT AND SUPPORT ITS MEMBERS, ENABLING THEM TO PROVIDE A FULL RANGE OF QUALITY FINANCIAL PRODUCTS AND SERVICES WHILE MAINTAINING SAFETY AND SOUNDNESS. false false THE ORGANIZATION PROVIDED 74 EDUCATIONAL SEMINARS FOR BANKERS AND ASSOCIATE MEMBERS IN TENNESSEE. THE SEMINARS HAD A TOTAL OF 6,395 ATTENDEES. TENNESSEE BANKERS MAGAZINE PROVIDES 12 MONTHLY SUBSCRIPTIONS WITH CONTINUING UPDATES AND ARTICLES RELATING TO THE PROFESSION TO SUBSCRIBERS. THE MAGAZINE HAD 2,598 SUBSCRIBERS INCLUDING THOSE INCLUDED WITH MEMBERSHIP AT YEAR END. false true false false true false false false false false true true false true true true false true false false false false false false false false false false false true false false false false true false false false false false false true true true false true 62 0 true 22 true true true false false false false false X 23 22 false false false false true true true true true false false true true true true true true true true false X Angela Griffin 6152444871 211 Athens Way Suite 100 Nashville TN 37228 ANDERSON L SMITH 1.00 X X 0 0 0 BRADLEY L BARRETT 38.00 X X 292256 0 89335 JEFF AGEE 1.00 X X 0 0 0 WILLIAM B MARSH 1.00 X X 0 0 0 ALLEN MCCLARY 1.00 X 0 0 0 BRUCE HAMBLEN 1.00 X 0 0 0 C CRAIG FITZHUGH 1.00 X 0 0 0 C DAVID ALLEN 1.00 X 0 0 0 CHRIS NUNN 1.00 X 0 0 0 DAVID C VERBLE 1.00 X 0 0 0 DONNA STONE 1.00 X 0 0 0 GREGG KETTERMAN 1.00 X 0 0 0 HUNT CAMPBELL 1.00 X 0 0 0 JEFFREY L CUNNINGHAM 1.00 X 0 0 0 JOE PUGH 1.00 X 0 0 0 JOHN JORDAN 1.00 X 0 0 0 JOHNNY B MOORE JR 1.00 X 0 0 0 MICHAEL B SWAIN 1.00 X 0 0 0 MICHAEL W HAGAN 1.00 X 0 0 0 PATTI STEELE 1.00 X 0 0 0 RON DEBERRY 1.00 X 0 0 0 RONALD L SAMEULS 1.00 X 0 0 0 TIM PETTUS 1.00 X 0 0 0 WILLIAM J CHASE JR 1.00 X 0 0 0 ANGELA A GRIFFIN 38.00 X 56833 0 44198 TIMOTHY L AMOS 38.00 X 157228 0 47201 KAREN S HOLMES 38.00 X 145141 0 98418 651458 0 279152 3 false true false THE PALMER HOUSE HILTON 17 EAST MONROE STREET CHICAGO IL 60603 CONFERENCES 179742 LOEWS VANDERBILT HOTEL 2100 WEST END AVE NASHVILLE TN 37203 CONFERENCES 171723 MARRIOTT INTERNATIONAL 10400 FERNWOOD RD BETHESDA MD 20817 CONFERENCES 106161 1 192500 231203 423703 CONVENTION & SEMINAR FEE 900099 2305721 2305721 MEMBERSHIP DUES 900099 827087 827087 ADMINISTRATIVE FEE 524114 375000 375000 COMMISSIONS 524114 392210 135375 256835 LEASE INCOME 532000 232358 232358 373828 188636 185192 0 4506204 96446 96446 0 0 0 0 0 371813 352282 19531 0 19531 19531 0 0 2643 2643 2643 ADVERTISING INCOME 900099 37540 37540 BANKERS DIRECTORY 900099 20543 20543 ADMINISTRATIVE FEE 900099 10000 10000 9146 9146 0 0 77229 5125756 3496508 1086925 118620 0 0 0 0 687050 113056 1099070 47584 0 116225 0 9335 18186 0 0 10669 11000 33287 163148 43735 0 352570 60167 0 1774983 594 0 283704 44814 MAGAZINE EXPENSES 105219 OTHER TAXES 52402 DUES & SUBSCRIPTIONS 28854 REPAIRS & MAINTENANCE 7106 3017 5065775 0 0 0 285124 475948 460970 255602 207688 106791 0 0 121413 173130 10222895 2002564 8488440 8220331 2854290 4041356 1165399 824642 0 0 742207 834222 14325531 14932022 144608 410781 902292 940439 0 13177 10323 543055 429625 1603132 1791168 X 12722399 13140854 12722399 13140854 14325531 14932022 X 59981 147846 210628 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false 827087 46373 46373 46373 1193040 1193040 8071279 1231722 6839557 0 849858 695920 153938 108718 74922 33796 8220331 0 824642 C 824642 CASH SURRENDER VALUE OF OFFICER LIFE INSURANCE 821571 INTEREST RECEIVABLE 12651 834222 0 SUPPLEMENTAL RETIREMENT LIABILITY 429625 429625 X FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 THE COMPANY ADOPTED GUIDANCE ISSUED BY THE FASB WITH RESPECT TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. UNDER THE GUIDANCE, A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. THE COMPANY AND ITS SUBSIDIARIES ARE SUBJECT TO U.S. FEDERAL INCOME TAX AS WELL AS INCOME TAX OF THE STATE OF TENNESSEE. THE COMPANY IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2009. THE COMPANY DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE COMPANY RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE COMPANY DID NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT APRIL 30, 2013 AND 2012. X X true true X X X false true false TIMOTHY L AMOS 156020 0 812 0 396 0 32503 0 14698 0 204429 0 0 0 KAREN S HOLMES 137266 0 5943 0 1932 0 82276 0 16142 0 243559 0 0 0 BRADLEY L BARRETT 289023 0 812 0 2421 0 62690 0 26645 0 381591 0 0 0 Travel for companions Schedule J, Part I, Line 1a TRAVEL FOR COMPANIONS: SENIOR MANAGEMENT AND BOARD MEMBERS ARE PROVIDED TRAVEL FOR COMPANIONS WHEN THERE IS DEEMED TO BE A BONAFIDE BUSINESS PURPOSE WHICH BENEFITS THE ASSOCIATION. THE EXPENSES ARE REIMBURSED TO THE EMPLOYEE AND/OR BOARD MEMBER ONCE PROPER SUBSTANTIATION HAS BEEN REMITTED. THESE PAYMENTS ARE NOT TAXABLE COMPENSATION TO THE EMPLOYEE OR BOARD MEMBER. Tax indemnification and gross-up payments Schedule J, Part I, Line 1a TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: EMPLOYEE CHRISTMAS BONUSES ARE DISTRIBUTED TO ALL EMPLOYEES AND TAXABLE TO THE RECIPIENT. Supplemental nonqualified retirement plan Schedule J, Part I, Line 4b THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN; THE DEFERRED AMOUNTS BELOW ARE LISTED IN SCHEDULE J, PART II, COLUMN (C): BRAD BARRETT: SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN COMP 2012 = $40,640 KAREN HOLMES: SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN COMP 2012 = $69,504 TIMOTHY AMOS: SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN COMP 2012 = $18,163 COLIN BARRETT COLIN BARRETT IS FAMILY MEMBER OF BRADLEY BARRETT, PRESIDENT OF TBA 76937 COMPENSATION false Delegate broad authority to a committee Form 990, Part VI, Section A, Line 1a THERE SHALL BE AN EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS COMPOSED OF THE CHAIRMAN, IMMEDIATE PAST CHAIRMAN, THE CHAIRMAN ELECT, THE VICE CHAIRMAN, AND THE PRESIDENT. THE EXECUTIVE COMMITTEE SHALL HAVE CHARGE OF THE GENERAL BUSINESS AND FINANCIAL AFFAIRS OF THE ASSOCIATION WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION. THE EXECUTIVE COMMITTEE MAY MEET UPON THE CALL OF THE CHAIRMAN OR PRESIDENT OF THE ASSOCIATION, AND THE ATTENDANCE OF THREE MEMBERS OF THIS COMMITTEE SHALL CONSTITUTE A QUORUM. THIS COMMITEE SHALL MAKE A FULL REPORT OF ALL OFFICIAL ACTIONS TAKEN. Classes of members or stockholders Form 990, Part VI, Section A, Line 6 THE TENNESSEE BANKERS ASSOCIATION HAS 2 CLASSES OF MEMBERS: (1) REGULAR AND (2) ASSOCIATE. THE MEMBERS (OR THEIR DELEGATES) MAY ATTEND MEMBERSHIP MEETINGS AND VOTE AND PARTICIPATE IN THE BUSINESS OF SUCH MEETINGS. THE CHAIRMAN, CHAIRMAN-ELECT, AND VICE CHAIRMAN SHALL BE ELECTED BY THE REGULAR MEMBERS AT THE ANNUAL MEETING. IN ADDITION, THE BYLAWS MAY BE AMENDED AND VOTED ON BY THE DELEGATES AT THE ANNUAL MEETING. Members or stockholders electing members of governing body Form 990, Part VI, Section A, Line 7a MEMBERS HAVE THE RIGHT TO VOICE VOTE IN ELECTION MATTERS AT THE ANNUAL MEETING. THE TENNESSEE BANKERS ASSOCIATION HAS 2 CLASSES OF MEMBERS: (1) REGULAR AND (2) ASSOCIATE. THE BY-LAWS MAY BE AMENDED AT ANY ANNUAL MEETING OR BY A WRITTEN BALLOT BY A VOTE OF TWO THIRDS OF THE DELEGATES PRESENT OR A MAJORITY OF THE VOTING POWER, WHICHEVER IS LESS, NOTICE OF THE PROPOSED AMENDMENT HAVING BEEN FIRST SUBMITTED TO THE SECRETARY. Decisions requiring approval by members or stockholders Form 990, Part VI, Section A, Line 7b THE CHAIRMAN, CHAIRMAN ELECT, AND VICE-CHAIRMAN SHALL BE ELECTED BY THE REGULAR MEMBERS AT THE ANNUAL MEETING FOR A PERIOD OF ONE YEAR AND SHALL SERVE UNTIL THEIR SUCCESSORS ARE ELECTED. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b THE FORM 990 AND ALL RELATED SCHEDULES ARE REVIEWED BY THE CONTROLLER, PRESIDENT, AND EXECUTIVE COMMITTEE OF THE TENNESSEE BANKERS ASSOCIATION BOARD OF DIRECTORS PRIOR TO FILING IT WITH THE IRS. AN ELECTRONIC COPY OF THE FINAL FORM 990 IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING WITH THE IRS. Conflict of interest policy Form 990, Part VI, Section B, Line 12c THE BOARD OF DIRECTORS, OFFICERS, AND KEY EMPLOYEES MUST REVIEW AND SIGN A WRITTEN COPY OF THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. SENIOR MANAGEMENT REVIEWS FOR CONFLICT DISCLOSURES AND NONE HAVE BEEN DISCLOSED, SUSPECTED, OR DISCOVERED. SHOULD THERE BE THE POSSIBILITY OF A CONFLICT, THE CONFLICT MAY BE RESOLVED BY HAVING THE DIRECTOR DISCLOSE TO THE CHAIRMAN, AND, IF NECESSARY THE ENTIRE BOARD, THE POSSIBILITY AND NATURE OF THE CONFLICT. AFTER DISCLOSURE, THE BOARD MEMBER MAY PARTICIPATE IN A DISCUSSION ON THE ISSUE. HOWEVER, THE DIRECTOR SHOULD ABSTAIN IN ANY VOTE ON THE MATTER. IN ORDER TO ASSURE COMPLIANCE WITH THE PROVISIONS OF THIS POLICY, IT IS THE DUTY OF EVERY DIRECTOR, OFFICER, AND EMPLOYEE TO BRING TO THE ATTENTION OF THE APPROPRIATE BOARD MEMBER, SENIOR OFFICER, OR SUPERVISOR, ANY VIOLATION OR POSSIBLE VIOLATION OF THIS POLICY. IT IS THE FURTHER DUTY OF THE PERSON SO NOTIFIED TO COMMUNICATE THE VIOLATION OR POTENTIAL VIOLATION TO THE PRESIDENT, OR IF THE VIOLATION IS BY THE PRESIDENT, TO THE CHAIRMAN OF THE BOARD, WHO SHALL INSTITUTE AN INVESTIGATION OF SUCH VIOLATION OR POTENTIAL VIOLATION. A VIOLATION OF THIS POLICY SHALL, AT THE DISCRETION OF THE BOARD, RESULT IN THE SUSPENSION OR TERMINATION OF THE DIRECTOR, OFFICER, OR EMPLOYEE INVOLVED. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a THE COMPENSATION OF THE PRESIDENT IS REVIEWED BY THE COMPENSATION COMMITTEE AND VOTED ON BY THE FULL BOARD OF DIRECTORS. SALARY SURVEYS ARE UTILIZED AND SENT TO THE COMPENSATION COMMITTEE AND FULL BOARD FOR APPROVAL, AND CONTEMPORANEOUS DOCUMENTATION IS PERFORMED WITH REGARD TO THESE TRANSACTIONS. THIS PROCESS WAS UNDERTAKEN IN FY 2012. Process used to establish compensation of other officers/key employees Form 990, Part VI, Section B, Line 15b THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS REVIEWED BY THE COMPENSATION COMMITTEE AND VOTED ON BY THE FULL BOARD OF DIRECTORS. SALARY SURVEYS ARE UTILIZED AND SENT TO THE COMPENSATION COMMITTEE AND FULL BOARD FOR APPROVAL, AND CONTEMPORANEOUS DOCUMENTATION IS PERFORMED WITH REGARD TO THESE TRANSACTIONS. THIS PROCESS WAS UNDERTAKEN IN FY 2012. Governing documents, conflict of interest policy and financial statements available to the public Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. EMPLOYEE BENEFITS FORM 990, PART IX, LINE 9 EMPLOYEE BENEFITS ARE INCLUDED ON PART IX, LINES 5 AND 7. Other changes in net assets or fund balances Form 990 , Part XI, Line 9 EQUITY EARNINGS IN SUB - 210628; FINANCIAL PRODUCTS & SERVICES INC 211 ATHENS WAY SUITE 200 NASHVILLE TN 372281383 621470108 INSURANCE TN TENNESSEE BANKERS ASSOCIATION C CORPORATION 409377 1380159 1 true true false true false false false false false false false false true false false true false false false false FINANCIAL PRODUCTS & SERVICES INC A 232358 FMV FINANCIAL PRODUCTS & SERVICES INC C 192500 FMV FINANCIAL PRODUCTS & SERVICES INC K 375000 FMV FINANCIAL PRODUCTS & SERVICES INC F 550000 FMV