FDIC Certificate #: 10057 Status: Active Federal Reserve ID: 37 Date Established: September 01, 1904 WWW:http://www.bankofhancock.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 6429 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: August 31, 2009 Last Structure Change Process Date: September 02, 2009 Last Data Update: September 02, 2009 Data Source Date: April 05, 2012
Location
Address: 12855 Broad Street, Sparta, GA 31087 County: Hancock Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Savannah Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Core Based Statistical Area (CBSA): Milledgeville, GA (#33300) CBSA Micro Statistical Area: Yes
History of Changes
Change in Geographic Region/Area/Territory/Field Office
Change in Location
Financial Summary
Total assets: $86.8 mil Equity capital: $17.9 mil Deposits held in domestic offices: $68.7 mil Return on assets (ROA): 0.60% ($0.5 mil) Quarterly return on assets: 0.20% ($0.2 mil) Return on Equity (ROE): 2.95% ($0.5 mil) Quarterly return on equity: 0.96% ($0.2 mil) Net income: $0.5 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.57% ($494.6 mil) Quarterly Pretax return on assets: -0.12% (-$104.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
23Total employees (full-time equivalent)
$86,776Total assets
$13,927Cash and due from depository institutions
$0Interest-bearing balances
$33,784Securities
$0Federal funds sold & reverse repurchase agreements
$37,479Net loans & leases
$1,248Loan loss allowance
$0Trading account assets
$487Bank premises and fixed assets
$185Other real estate owned
$0Goodwill and other intangibles
$86,776Life insurance assets
$914All other assets
$68,901Total liabilities and capital
$68,669Total liabilities
$62,407Total deposits
$68,669Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$232Subordinated debt
$17,875All other liabilities
$17,875Total equity capital
$17,875Total bank equity capital
$0Perpetual preferred stock
$1,200Common stock
$3,500Surplus
$13,175Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,156Income earned, not collected on loans
$0Earning assets
$645Long-term assets (5+ years)
$71,263Average Assets, year-to-date
$33,469Average Assets, quarterly
$85,304Volatile liabilities
$85,817Insider loans
$44,401FHLB advances
$85,059Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$17,167Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$972Restructured Loans and leases
$259Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,139Total interest income
$1,307Total interest expense
$2,832Net interest income
$380Provision for loan and lease losses
$249Total noninterest income
$0Fiduciary activities
$160Service charges on deposit accounts
$0Trading account gains & fees
$89Additional noninterest income
$2,232Total noninterest expense
$1,190Salaries and employee benefits
$249Premises and equipment expense
$793Additional noninterest expense
$469Pre-tax net operating income
$20Securities gains (losses)
-$26Applicable income taxes
$515Income before extraordinary items
$0Extraordinary gains - net
$515Net income attributable to bank
$0Net charge-offs
$515Cash dividends
$111Sale, conversion, retirement of capital stock, net
$240Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.84%Yield on earning assets
1.84%Cost of funding earning assets
4.00%Net interest margin
0.35%Noninterest income to earning assets
3.15%Noninterest expense to earning assets
0.58%Net operating income to assets
0.60%Return on assets (ROA)
0.57%Pretax return on assets
2.95%Return on equity (ROE)
1.58%Retained earnings to average equity (YTD only)
0.27%Net charge-offs to loans
342.34%Credit loss provision to net charge-offs
7.65%Efficiency ratio
72,444Assets per employee
3.77%Cash dividends to net income (YTD only)
Condition Ratios (%)
46.60%Loss allowance to loans
3.22%Loss allowance to noncurrent loans
57.88%Noncurrent assets plus other real estate owned to assets
2.70%Noncurrent loans to loans
5.57%Net loans and leases to deposits
54.58%Net loans and leases to core deposits
54.83%Equity capital to assets
20.60%Core capital (leverage) ratio
20.18%Tier 1 risk-based capital ratio
38.66%Total risk-based capital ratio
Memoranda
$40Average assets
$85,304Average earning assets
$17,442Average equity
$70,877Average loans
List of branches
1 Georgia Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
6429
Bank Of Hancock County
12855 Broad Street, Sparta, GA 31087
September 01, 1904
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank of Hancock County.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: