FDIC Certificate #: 168 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Regions Bank (#12368) Federal Reserve ID: 361130 Date Established: January 01, 1898 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 133 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: January 01, 1934 Last Structure Change Effective Date: Febuary 06, 1998 Last Structure Change Process Date: March 18, 1998 Last Data Update: March 18, 1998 Data Source Date: April 05, 2012
Location
Address: 1460 Eatonton Road, Madison, GA 30650 County: Morgan 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: $43.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
18Total employees (full-time equivalent)
$43,625Total assets
$3,133Cash and due from depository institutions
$0Interest-bearing balances
$9,180Securities
$6,010Federal funds sold & reverse repurchase agreements
$23,697Net loans & leases
$378Loan loss allowance
$0Trading account assets
$874Bank premises and fixed assets
$0Other real estate owned
$138Goodwill and other intangibles
$0Life insurance assets
$593All other assets
$43,625Total liabilities and capital
$37,058Total liabilities
$36,321Total deposits
$30,102Interest-bearing deposits
$36,321Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$737All other liabilities
$6,567Total equity capital
$6,567Total bank equity capital
$6,567Perpetual preferred stock
$0Common stock
$100Surplus
$1,250Undivided profits
Memoranda
$5,217Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$20Earning assets
$0Long-term assets (5+ years)
$290Average Assets, year-to-date
$38,887Average Assets, quarterly
$2,553Volatile liabilities
$41,677Insider loans
$43,298FHLB advances
$3,549Loans and leases held for sale
$312Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,684Total unused commitments
$0Restructured Loans and leases
$23,948Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$3,510Total interest income
$1,367Total interest expense
$2,143Net interest income
$0Provision for loan and lease losses
$456Total noninterest income
$0Fiduciary activities
$361Service charges on deposit accounts
$0Trading account gains & fees
$95Additional noninterest income
$935Total noninterest expense
$488Salaries and employee benefits
$101Premises and equipment expense
$346Additional noninterest expense
$1,664Pre-tax net operating income
$0Securities gains (losses)
$575Applicable income taxes
$1,089Income before extraordinary items
$0Extraordinary gains - net
$1,089Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$13Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.40%Yield on earning assets
3.66%Cost of funding earning assets
5.74%Net interest margin
1.22%Noninterest income to earning assets
2.50%Noninterest expense to earning assets
2.61%Net operating income to assets
2.61%Return on assets (ROA)
3.99%Pretax return on assets
18.07%Return on equity (ROE)
18.07%Retained earnings to average equity (YTD only)
-0.06%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
35,090Assets per employee
2.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.57%Loss allowance to noncurrent loans
1890.00%Noncurrent assets plus other real estate owned to assets
0.05%Noncurrent loans to loans
0.08%Net loans and leases to deposits
65.24%Net loans and leases to core deposits
72.31%Equity capital to assets
15.05%Core capital (leverage) ratio
15.13%Tier 1 risk-based capital ratio
26.65%Total risk-based capital ratio
Memoranda
$28Average assets
$41,677Average earning assets
$6,026Average equity
$37,340Average loans
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