Bank of Lumber City in Lumber City, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Bank of Lumber City - Overview

  • General
  • FDIC Certificate #: 16281
    Status: Active
    Federal Reserve ID: 959630
    Date Established: July 02, 1945
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 10469
    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: Commercial Lending Specialization
    Date of Deposit Insurance: July 02, 1945
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 21 Main St, Lumber City, GA 31549
    County: Telfair
    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
  • History of Changes
  • Corrections
    Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $20.1 mil
    Equity capital: $3.9 mil
    Deposits held in domestic offices: $15.8 mil
    Return on assets (ROA): -0.65% (-$0.1 mil)
    Quarterly return on assets: -0.87% (-$0.2 mil)
    Return on Equity (ROE): -3.41% (-$0.1 mil)
    Quarterly return on equity: -4.46% (-$0.2 mil)
    Net income: -$0.1 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: -0.69% (-$138.7 mil)
    Quarterly Pretax return on assets: -1.03% (-$207.0 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
  • 13Total employees (full-time equivalent)
  • $20,096Total assets
  • $1,802Cash and due from depository institutions
  • $894Interest-bearing balances
  • $4,612Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $11,690Net loans & leases
  • $137Loan loss allowance
  • $0Trading account assets
  • $290Bank premises and fixed assets
  • $300Other real estate owned
  • $0Goodwill and other intangibles
  • $20,096Life insurance assets
  • $1,402All other assets
  • $16,175Total liabilities and capital
  • $15,820Total liabilities
  • $12,342Total deposits
  • $15,820Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $355Subordinated debt
  • $3,921All other liabilities
  • $3,921Total equity capital
  • $3,921Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $1,600Surplus
  • $1,921Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $808Income earned, not collected on loans
  • $0Earning assets
  • $156Long-term assets (5+ years)
  • $17,196Average Assets, year-to-date
  • $3,925Average Assets, quarterly
  • $20,758Volatile liabilities
  • $20,128Insider loans
  • $13,783FHLB advances
  • $20,311Loans and leases held for sale
  • $1,131Unused loan commitments
  • $1,131Tier 1 (core) risk-based capital
  • $3,827Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $448Restructured Loans and leases
  • $420Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,086Total interest income
  • $163Total interest expense
  • $923Net interest income
  • $215Provision for loan and lease losses
  • $306Total noninterest income
  • $0Fiduciary activities
  • $229Service charges on deposit accounts
  • $0Trading account gains & fees
  • $77Additional noninterest income
  • $1,157Total noninterest expense
  • $658Salaries and employee benefits
  • $124Premises and equipment expense
  • $375Additional noninterest expense
  • -$143Pre-tax net operating income
  • $0Securities gains (losses)
  • -$8Applicable income taxes
  • -$135Income before extraordinary items
  • $0Extraordinary gains - net
  • -$135Net income attributable to bank
  • $0Net charge-offs
  • -$135Cash dividends
  • $273Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.27%Yield on earning assets
  • 0.94%Cost of funding earning assets
  • 5.33%Net interest margin
  • 1.77%Noninterest income to earning assets
  • 6.68%Noninterest expense to earning assets
  • -0.65%Net operating income to assets
  • -0.65%Return on assets (ROA)
  • -0.69%Pretax return on assets
  • -3.41%Return on equity (ROE)
  • -3.41%Retained earnings to average equity (YTD only)
  • 2.21%Net charge-offs to loans
  • 78.75%Credit loss provision to net charge-offs
  • 0.26%Efficiency ratio
  • 94,142Assets per employee
  • 1.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.16%Loss allowance to noncurrent loans
  • 16.96%Noncurrent assets plus other real estate owned to assets
  • 5.51%Noncurrent loans to loans
  • 6.83%Net loans and leases to deposits
  • 73.89%Net loans and leases to core deposits
  • 78.52%Equity capital to assets
  • 19.51%Core capital (leverage) ratio
  • 18.84%Tier 1 risk-based capital ratio
  • 27.77%Total risk-based capital ratio
  • Memoranda
  • $29Average assets
  • $20,758Average earning assets
  • $3,955Average equity
  • $17,323Average loans

List of branches

  • 2 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010469Bank Of Lumber City21 Main St, Lumber City, GA 31549July 02, 1945Full Service Brick and Mortar
    1440152Telfair County Bank288 E. Willow Creek Lane, Mc Rae, GA 31055Febuary 23, 2004Full Service Brick and Mortar

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