FDIC Certificate #: 2145 Status: Active Federal Reserve ID: 805335 Bank Holding Company (Regulatory Top Holder): Monticello Bancshares, Inc. (RSSDID: 2412139, Location: Monticello, GA) Date Established: January 01, 1909 WWW:http://www.bankofmonticelloga.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) OTS Docket #: 12828 FDIC's unique #: 1416 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: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: January 01, 1934 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: 141 Green Street, Monticello, GA 31064 County: Jasper 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 Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122) Core Based Statistical Area (CBSA): Atlanta-Sandy Springs-Marietta, GA (#12060) CBSA Metro Statistical Area: Atlanta-Sandy Springs-Marietta, GA (#12060)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $95.9 mil Equity capital: $7.2 mil Deposits held in domestic offices: $88.2 mil Return on assets (ROA): -0.19% (-$0.2 mil) Quarterly return on assets: -4.15% (-$4.0 mil) Return on Equity (ROE): -2.48% (-$0.2 mil) Quarterly return on equity: -52.04% (-$3.6 mil) Net income: -$0.2 mil Quarterly Net income: -$1.0 mil Pretax return on assets: -0.19% (-$182.1 mil) Quarterly Pretax return on assets: -4.15% (-$3,977.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
20Total employees (full-time equivalent)
$95,853Total assets
$10,643Cash and due from depository institutions
$9,633Interest-bearing balances
$9,941Securities
$2,300Federal funds sold & reverse repurchase agreements
$69,131Net loans & leases
$1,212Loan loss allowance
$0Trading account assets
$1,115Bank premises and fixed assets
$1,400Other real estate owned
$0Goodwill and other intangibles
$95,853Life insurance assets
$1,323All other assets
$88,607Total liabilities and capital
$88,212Total liabilities
$80,933Total deposits
$88,212Interest-bearing deposits
$92Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$395Subordinated debt
$7,246All other liabilities
$7,246Total equity capital
$7,246Total bank equity capital
$0Perpetual preferred stock
$173Common stock
$6,962Surplus
$111Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,397Income earned, not collected on loans
$0Earning assets
$631Long-term assets (5+ years)
$91,005Average Assets, year-to-date
$12,111Average Assets, quarterly
$98,446Volatile liabilities
$97,717Insider loans
$64,741FHLB advances
$98,367Loans and leases held for sale
$497Unused loan commitments
$497Tier 1 (core) risk-based capital
$7,020Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,572Restructured Loans and leases
$701Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,765Total interest income
$1,235Total interest expense
$3,530Net interest income
$2,023Provision for loan and lease losses
$1,248Total noninterest income
$0Fiduciary activities
$284Service charges on deposit accounts
$0Trading account gains & fees
$964Additional noninterest income
$2,941Total noninterest expense
$1,185Salaries and employee benefits
$380Premises and equipment expense
$1,376Additional noninterest expense
-$186Pre-tax net operating income
$0Securities gains (losses)
$1Applicable income taxes
-$187Income before extraordinary items
$0Extraordinary gains - net
-$187Net income attributable to bank
$0Net charge-offs
-$187Cash dividends
$2,038Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.10%Yield on earning assets
1.32%Cost of funding earning assets
3.78%Net interest margin
1.34%Noninterest income to earning assets
3.15%Noninterest expense to earning assets
-0.19%Net operating income to assets
-0.19%Return on assets (ROA)
-0.19%Pretax return on assets
-2.48%Return on equity (ROE)
-2.48%Retained earnings to average equity (YTD only)
2.80%Net charge-offs to loans
99.26%Credit loss provision to net charge-offs
0.90%Efficiency ratio
61,553Assets per employee
4.79%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.72%Loss allowance to noncurrent loans
35.68%Noncurrent assets plus other real estate owned to assets
5.00%Noncurrent loans to loans
4.83%Net loans and leases to deposits
78.37%Net loans and leases to core deposits
83.82%Equity capital to assets
7.56%Core capital (leverage) ratio
7.14%Tier 1 risk-based capital ratio
10.84%Total risk-based capital ratio
Memoranda
$12Average assets
$98,446Average earning assets
$7,542Average equity
$93,462Average loans
List of branches
1 Georgia Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
1416
Bank Of Monticello
141 Green Street, Monticello, GA 31064
January 01, 1909
Full Service Brick and Mortar
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