1st Community Bank in Fairburn, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 2004

  • 1st Community Bank in Fairburn, Georgia (GA)
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1st Community Bank - Overview

  • General
  • FDIC Certificate #: 161
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United Community Bank (#16889)
    Federal Reserve ID: 428435
    Date Established: January 01, 1902
    WWW: http://www.1stcommbank.com
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 13787
    FDIC's unique #: 127
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 01, 2004
    Last Structure Change Process Date: June 10, 2004
    Last Data Update: June 10, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 65 Washington Street, Fairburn, GA 30213
    County: Fulton
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Atlanta
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Atlanta, GA (#520)
    Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
    Core Based Statistical Area (CBSA): Atlanta-Sandy Springs-Marietta, GA (#12060)
    CBSA Metro Statistical Area: Atlanta-Sandy Springs-Marietta, GA (#12060)
  • Financial Summary
  • Total assets: $189.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2003)

  • Dollar figures in thousands
  • 45Total employees (full-time equivalent)
  • $191,660Total assets
  • $7,669Cash and due from depository institutions
  • $174Interest-bearing balances
  • $72,364Securities
  • $10,627Federal funds sold & reverse repurchase agreements
  • $93,079Net loans & leases
  • $2,062Loan loss allowance
  • $0Trading account assets
  • $1,632Bank premises and fixed assets
  • $2,306Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,983All other assets
  • $191,660Total liabilities and capital
  • $173,613Total liabilities
  • $166,931Total deposits
  • $166,931Interest-bearing deposits
  • $166,931Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $160Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $5,000Other borrowed funds
  • $0Subordinated debt
  • $1,522All other liabilities
  • $18,047Total equity capital
  • $18,047Total bank equity capital
  • $18,047Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $0Undivided profits
  • Memoranda
  • $17,547Noncurrent loans and leases
  • $8,106Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $905Earning assets
  • $0Long-term assets (5+ years)
  • $925Average Assets, year-to-date
  • $176,244Average Assets, quarterly
  • $0Volatile liabilities
  • $194,534Insider loans
  • $193,782FHLB advances
  • $75,021Loans and leases held for sale
  • $385Unused loan commitments
  • $5,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $8,106Total unused commitments
  • $0Restructured Loans and leases
  • $1,378Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $10,516Total interest income
  • $4,040Total interest expense
  • $6,476Net interest income
  • $375Provision for loan and lease losses
  • $1,448Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,448Additional noninterest income
  • $5,533Total noninterest expense
  • $3,103Salaries and employee benefits
  • $1,258Premises and equipment expense
  • $1,172Additional noninterest expense
  • $2,016Pre-tax net operating income
  • $196Securities gains (losses)
  • $604Applicable income taxes
  • $1,608Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,608Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $97Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.84%Yield on earning assets
  • 2.25%Cost of funding earning assets
  • 3.60%Net interest margin
  • 0.80%Noninterest income to earning assets
  • 3.08%Noninterest expense to earning assets
  • 0.75%Net operating income to assets
  • 0.83%Return on assets (ROA)
  • 1.14%Pretax return on assets
  • 9.00%Return on equity (ROE)
  • 9.00%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 386.60%Credit loss provision to net charge-offs
  • 24.65%Efficiency ratio
  • 69,826Assets per employee
  • 4.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.17%Loss allowance to noncurrent loans
  • 227.85%Noncurrent assets plus other real estate owned to assets
  • 1.60%Noncurrent loans to loans
  • 0.95%Net loans and leases to deposits
  • 55.76%Net loans and leases to core deposits
  • 95.89%Equity capital to assets
  • 9.42%Core capital (leverage) ratio
  • 9.93%Tier 1 risk-based capital ratio
  • 17.54%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $194,534Average earning assets
  • $17,867Average equity
  • $179,929Average loans

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