United Tennessee Bankshares, Inc. (UNTN)

UNTN Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2005	FY 2004	FY 2003	FY 2002	FY 2001
Period Ending	Dec 31, 2005	Dec 31, 2004	Dec 31, 2003	Dec 31, 2002	Dec 31, 2001
Cash & Equivalents	-	3.44	5.2	5.35	2.12
Investment Securities	-	24.03	20.31	18.36	13.21
Mortgage-Backed Securities	-	10.58	8.51	6.01	10.33
Total Investments	-	34.61	28.82	24.37	23.54
Gross Loans	-	82.24	79.99	80.94	75.01
Allowance for Loan Losses	-	-0.98	-0.92	-0.8	-0.72
Other Adjustments to Gross Loans	-	-2.43	-1.12	-1.78	-2.09
Net Loans	-	78.83	77.95	78.36	72.2
Property, Plant & Equipment	-	1.71	1	0.97	0.5
Goodwill	-	-	-	-	0.95
Other Intangible Assets	-	0.71	0.79	0.87	-
Accrued Interest Receivable	-	0.57	0.56	0.67	0.6
Other Current Assets	-	0.08	0.15	0.14	0.04
Other Real Estate Owned & Foreclosed	-	0.13	0.05	0.13	-
Other Long-Term Assets	-	1.6	1.53	-	-
Total Assets	-	122.66	116.98	111.75	100.81
Interest Bearing Deposits	-	77.98	78.04	74.64	70.31
Institutional Deposits	-	22.94	20.07	19.1	14.5
Total Deposits	-	100.92	98.11	93.75	84.81
Short-Term Borrowings	-	1	-	-	-
Current Income Taxes Payable	-	-	-	-	0
Accrued Interest Payable	-	0.14	0.08	0.13	0.16
Pension & Post-Retirement Benefits	-	1.53	1.18	0.86	0.74
Long-Term Deferred Tax Liabilities	-	0.56	0.65	1.01	0.87
Other Long-Term Liabilities	-	0.09	0.07	0.09	0.06
Total Liabilities	-	104.24	100.09	95.83	86.64
Common Stock	-	11.46	11.76	12.45	12.72
Retained Earnings	-	6.65	5.45	4.2	2.84
Comprehensive Income & Other	-	0.31	-0.31	-0.72	-1.39
Shareholders' Equity	18.18	18.42	16.89	15.92	14.17
Total Liabilities & Equity	-	122.66	116.98	111.75	100.81
Total Debt	1	1	-	-	-
Net Cash (Debt)	2.22	2.44	5.2	5.35	2.12
Net Cash Growth	-9.05%	-52.96%	-2.88%	151.98%	61.62%
Net Cash Per Share	1.95	2.17	4.69	4.95	1.57
Filing Date Shares Outstanding	1.14	1.12	1.09	1.31	1.34
Total Common Shares Outstanding	1.14	1.1	1.09	1.31	1.34
Book Value Per Share	15.91	16.70	15.57	12.15	10.56
Tangible Book Value	17.53	17.71	16.1	15.05	13.21
Tangible Book Value Per Share	15.34	16.06	14.83	11.48	9.85

Source: S&P Capital IQ. Banks template. Financial Sources.