FDIC Certificate #: 57213 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:CertusBank, National Association (#59028) Federal Reserve ID: 3075278 Date Established: December 10, 2001 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 16 (Interstate: No) FDIC's unique #: 359556 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: December 10, 2001 Last Structure Change Effective Date: May 20, 2011 Last Structure Change Process Date: May 23, 2011 Last Data Update: May 23, 2011 Data Source Date: April 05, 2012
Location
Address: 4077 Forsyth Road, Macon, GA 31210 County: Bibb Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Albany Ga Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Macon, GA (#4680) Combined Statistical Area (CSA): Macon-Warner Robins-Fort Valley, GA (#356) Core Based Statistical Area (CBSA): Macon, GA (#31420) CBSA Metro Statistical Area: Macon, GA (#31420)
Financial Summary
Total assets: $741.9 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2010)
Dollar figures in thousands
149Total employees (full-time equivalent)
$781,179Total assets
$64,647Cash and due from depository institutions
$60,375Interest-bearing balances
$26,606Securities
$0Federal funds sold & reverse repurchase agreements
$561,195Net loans & leases
$15,465Loan loss allowance
$0Trading account assets
$29,307Bank premises and fixed assets
$73,480Other real estate owned
$2,187Goodwill and other intangibles
$13,542Life insurance assets
$23,757All other assets
$781,179Total liabilities and capital
$760,702Total liabilities
$726,435Total deposits
$679,173Interest-bearing deposits
$726,435Deposits held in domestic offices
92.27%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$29,000Other borrowed funds
$1,400Subordinated debt
$3,867All other liabilities
$20,477Total equity capital
$20,477Total bank equity capital
$20,477Perpetual preferred stock
$0Common stock
$8,680Surplus
$76,287Undivided profits
Memoranda
$-64,490Noncurrent loans and leases
$20,539Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$96,632Earning assets
$0Long-term assets (5+ years)
$3,226Average Assets, year-to-date
$648,176Average Assets, quarterly
$34,410Volatile liabilities
$887,171Insider loans
$816,886FHLB advances
$266,208Loans and leases held for sale
$10,063Unused loan commitments
$29,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,987Total risk weighted assets
$20,539Total unused commitments
$3,620Restructured Loans and leases
$9,689Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$35,100Total interest income
$19,070Total interest expense
$16,030Net interest income
$7,714Provision for loan and lease losses
-$3,942Total noninterest income
$0Fiduciary activities
$1,601Service charges on deposit accounts
$0Trading account gains & fees
-$5,543Additional noninterest income
$22,573Total noninterest expense
$7,947Salaries and employee benefits
$2,765Premises and equipment expense
$11,861Additional noninterest expense
-$18,199Pre-tax net operating income
$658Securities gains (losses)
$151Applicable income taxes
-$17,692Income before extraordinary items
$0Extraordinary gains - net
-$17,692Net income attributable to bank
$0Net charge-offs
-$17,692Cash dividends
$13,728Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.55%Yield on earning assets
2.47%Cost of funding earning assets
2.08%Net interest margin
-0.51%Noninterest income to earning assets
2.92%Noninterest expense to earning assets
-2.07%Net operating income to assets
-1.99%Return on assets (ROA)
-1.98%Pretax return on assets
-55.17%Return on equity (ROE)
-55.17%Retained earnings to average equity (YTD only)
2.10%Net charge-offs to loans
56.19%Credit loss provision to net charge-offs
-0.76%Efficiency ratio
183,744Assets per employee
5.24%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.68%Loss allowance to noncurrent loans
16.00%Noncurrent assets plus other real estate owned to assets
21.78%Noncurrent loans to loans
16.76%Net loans and leases to deposits
77.25%Net loans and leases to core deposits
117.84%Equity capital to assets
2.62%Core capital (leverage) ratio
2.31%Tier 1 risk-based capital ratio
2.82%Total risk-based capital ratio
Memoranda
$4Average assets
$887,171Average earning assets
$32,067Average equity
$771,973Average loans
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