Allied Bank of Georgia in city_name, state_name - Detailed Financial Reports, Location

Allied Bank of Georgia in Thomson, Georgia (GA)
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Allied Bank of Georgia - Overview

General
FDIC Certificate #: 163
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Regions Bank (#12368)
Federal Reserve ID: 281733
Date Established: January 01, 1891
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 23 (Interstate: No)
OTS Docket #: 9873
FDIC's unique #: 129
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 23, 1998
Last Structure Change Process Date: April 08, 1998
Last Data Update: April 08, 1998
Data Source Date: April 05, 2012
Location
Address: 204 Main Street, Thomson, GA 30824
County: Mcduffie
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): Augusta-Aiken, GA-SC (#600)
Core Based Statistical Area (CBSA): Augusta-Richmond County, GA-SC (#12260)
CBSA Metro Statistical Area: Augusta-Richmond County, GA-SC (#12260)
Financial Summary
Total assets: $535.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
232Total employees (full-time equivalent)
$535,505Total assets
$24,520Cash and due from depository institutions
$0Interest-bearing balances
$162,540Securities
$56,990Federal funds sold & reverse repurchase agreements
$270,976Net loans & leases
$3,981Loan loss allowance
$0Trading account assets
$10,706Bank premises and fixed assets
$779Other real estate owned
$2,663Goodwill and other intangibles
$0Life insurance assets
$6,331All other assets
$535,505Total liabilities and capital
$483,847Total liabilities
$388,624Total deposits
$335,316Interest-bearing deposits
$388,624Deposits held in domestic offices
0.00%% insured (estimated)
$56,125Federal funds purchased & repurchase agreements
$0Trading liabilities
$30,138Other borrowed funds
$0Subordinated debt
$8,960All other liabilities
$51,658Total equity capital
$51,658Total bank equity capital
$51,658Perpetual preferred stock
$0Common stock
$1,000Surplus
$20,075Undivided profits
Memoranda
$30,583Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,067Earning assets
$0Long-term assets (5+ years)
$2,447Average Assets, year-to-date
$490,506Average Assets, quarterly
$117,055Volatile liabilities
$494,884Insider loans
$510,866FHLB advances
$123,299Loans and leases held for sale
$7,746Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$33,091Total unused commitments
$0Restructured Loans and leases
$305,777Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$40,102Total interest income
$17,772Total interest expense
$22,330Net interest income
$500Provision for loan and lease losses
$3,971Total noninterest income
$0Fiduciary activities
$3,014Service charges on deposit accounts
$0Trading account gains & fees
$957Additional noninterest income
$13,275Total noninterest expense
$6,832Salaries and employee benefits
$2,048Premises and equipment expense
$4,395Additional noninterest expense
$12,526Pre-tax net operating income
-$1Securities gains (losses)
$3,989Applicable income taxes
$8,536Income before extraordinary items
$0Extraordinary gains - net
$8,536Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$393Sale, conversion, retirement of capital stock, net
$1,500Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.94%Yield on earning assets
3.96%Cost of funding earning assets
4.98%Net interest margin
0.88%Noninterest income to earning assets
2.96%Noninterest expense to earning assets
1.72%Net operating income to assets
1.72%Return on assets (ROA)
2.53%Pretax return on assets
18.09%Return on equity (ROE)
14.91%Retained earnings to average equity (YTD only)
0.15%Net charge-offs to loans
127.23%Credit loss provision to net charge-offs
33.15%Efficiency ratio
48,443Assets per employee
2.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
17.57%Loss allowance to loans
1.45%Loss allowance to noncurrent loans
192.60%Noncurrent assets plus other real estate owned to assets
0.53%Noncurrent loans to loans
0.75%Net loans and leases to deposits
69.73%Net loans and leases to core deposits
82.97%Equity capital to assets
9.65%Core capital (leverage) ratio
9.04%Tier 1 risk-based capital ratio
15.76%Total risk-based capital ratio
Memoranda
$17Average assets
$494,884Average earning assets
$47,189Average equity
$448,819Average loans

Allied Bank of Georgia in Thomson, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Allied Bank of Georgia - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

Comment about this bank, ask questions, or add new information about it:

Allied Bank of Georgia in Thomson, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

Allied Bank of Georgia - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

Comment about this bank, ask questions, or add new information about it:

Allied Bank of Georgia in Thomson, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches