FDIC Certificate #: 15400 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Citizens State Bank of Taylor County (#884) Federal Reserve ID: 414036 Date Established: May 01, 1936 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 9717 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: July 10, 1936 Last Structure Change Effective Date: January 01, 1999 Last Structure Change Process Date: April 16, 1999 Last Data Update: April 16, 1999 Data Source Date: April 05, 2012
Location
Address: 121-7 East Lee Street, Dawson, GA 31742 County: Terrell 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 Core Based Statistical Area (CBSA): Albany, GA (#10500) CBSA Metro Statistical Area: Albany, GA (#10500)
Financial Summary
Total assets: $85.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
23Total employees (full-time equivalent)
$84,977Total assets
$3,874Cash and due from depository institutions
$1,731Interest-bearing balances
$19,147Securities
$12,802Federal funds sold & reverse repurchase agreements
$46,780Net loans & leases
$605Loan loss allowance
$0Trading account assets
$646Bank premises and fixed assets
$124Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,604All other assets
$84,977Total liabilities and capital
$74,960Total liabilities
$74,392Total deposits
$64,747Interest-bearing deposits
$74,392Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$568All other liabilities
$10,017Total equity capital
$10,017Total bank equity capital
$10,017Perpetual preferred stock
$0Common stock
$400Surplus
$2,400Undivided profits
Memoranda
$7,217Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$863Earning assets
$86Long-term assets (5+ years)
$1,146Average Assets, year-to-date
$80,460Average Assets, quarterly
$19,213Volatile liabilities
$81,482Insider loans
$83,813FHLB advances
$25,817Loans and leases held for sale
$1,139Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,927Total unused commitments
$0Restructured Loans and leases
$55,560Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$6,509Total interest income
$3,329Total interest expense
$3,180Net interest income
$336Provision for loan and lease losses
$350Total noninterest income
$0Fiduciary activities
$302Service charges on deposit accounts
$0Trading account gains & fees
$48Additional noninterest income
$1,784Total noninterest expense
$1,143Salaries and employee benefits
$284Premises and equipment expense
$357Additional noninterest expense
$1,410Pre-tax net operating income
$0Securities gains (losses)
$367Applicable income taxes
$1,043Income before extraordinary items
$0Extraordinary gains - net
$1,043Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$281Sale, conversion, retirement of capital stock, net
$400Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.48%Yield on earning assets
4.34%Cost of funding earning assets
4.14%Net interest margin
0.46%Noninterest income to earning assets
2.32%Noninterest expense to earning assets
1.28%Net operating income to assets
1.28%Return on assets (ROA)
1.73%Pretax return on assets
10.93%Return on equity (ROE)
6.74%Retained earnings to average equity (YTD only)
0.61%Net charge-offs to loans
119.57%Credit loss provision to net charge-offs
6.21%Efficiency ratio
50,538Assets per employee
3.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
38.35%Loss allowance to loans
1.28%Loss allowance to noncurrent loans
70.10%Noncurrent assets plus other real estate owned to assets
1.16%Noncurrent loans to loans
1.82%Net loans and leases to deposits
62.88%Net loans and leases to core deposits
96.30%Equity capital to assets
11.79%Core capital (leverage) ratio
11.92%Tier 1 risk-based capital ratio
17.84%Total risk-based capital ratio
Memoranda
$19Average assets
$81,482Average earning assets
$9,543Average equity
$76,774Average loans
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