Bank of Jefferson County in Louisville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1994

Bank of Jefferson County in Louisville, Georgia (GA)
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Bank of Jefferson County - Overview

General
FDIC Certificate #: 27265
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Allied Bank of Georgia (#163)
Federal Reserve ID: 1192256
Date Established: June 13, 1988
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 39366
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: June 13, 1988
Last Structure Change Effective Date: October 01, 1994
Last Structure Change Process Date: October 19, 1994
Last Data Update: October 19, 1994
Data Source Date: April 05, 2012
Location
Address: 736 Peachtree Street, Louisville, GA 30434
County: Jefferson
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
Financial Summary
Total assets: $14.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$12Total assets
$15,510Cash and due from depository institutions
$1,722Interest-bearing balances
$984Securities
$2,842Federal funds sold & reverse repurchase agreements
$1,100Net loans & leases
$8,380Loan loss allowance
$150Trading account assets
$0Bank premises and fixed assets
$983Other real estate owned
$200Goodwill and other intangibles
$283Life insurance assets
$0All other assets
$0Total liabilities and capital
$15,510Total liabilities
$13,178Total deposits
$13,164Interest-bearing deposits
$10,720Deposits held in domestic offices
13164.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$14Total equity capital
$14Total bank equity capital
$2,332Perpetual preferred stock
$0Common stock
$1,508Surplus
$1,316Undivided profits
Memoranda
$-492Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$226Income earned, not collected on loans
$119Earning assets
$13,306Long-term assets (5+ years)
$2,924Average Assets, year-to-date
$15,155Average Assets, quarterly
$15,253Volatile liabilities
$522Insider loans
$300FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,569Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,332Total risk weighted assets
$9,582Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$1,066Total interest expense
$420Net interest income
$646Provision for loan and lease losses
$32Total noninterest income
$189Fiduciary activities
$0Service charges on deposit accounts
$163Trading account gains & fees
$0Additional noninterest income
$26Total noninterest expense
$716Salaries and employee benefits
$335Premises and equipment expense
$116Additional noninterest expense
$265Pre-tax net operating income
$87Securities gains (losses)
$0Applicable income taxes
$0Income before extraordinary items
$87Extraordinary gains - net
$0Net income attributable to bank
$87Net charge-offs
$64Cash dividends
$10Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.47%Cost of funding earning assets
3.34%Net interest margin
5.13%Noninterest income to earning assets
1.50%Noninterest expense to earning assets
5.69%Net operating income to assets
0.57%Return on assets (ROA)
0.57%Pretax return on assets
0.57%Return on equity (ROE)
3.80%Retained earnings to average equity (YTD only)
3.37%Net charge-offs to loans
0.75%Credit loss provision to net charge-offs
50.00%Efficiency ratio
85,749Assets per employee
1.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
11.49%Loss allowance to loans
1.76%Loss allowance to noncurrent loans
66.37%Noncurrent assets plus other real estate owned to assets
2.75%Noncurrent loans to loans
2.65%Net loans and leases to deposits
63.66%Net loans and leases to core deposits
66.29%Equity capital to assets
15.04%Core capital (leverage) ratio
15.40%Tier 1 risk-based capital ratio
24.34%Total risk-based capital ratio
Memoranda
$26Average assets
$15,155Average earning assets
$2,288Average equity
$12,585Average loans

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