Braselton Banking Company in Braselton, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 08, 1995

Braselton Banking Company in Braselton, Georgia (GA)
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Braselton Banking Company - Overview

General
FDIC Certificate #: 17204
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Northeast Georgia Bank (#15771)
Federal Reserve ID: 10634
Date Established: January 01, 1911
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 11233
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: April 13, 1953
Last Structure Change Effective Date: July 08, 1995
Last Structure Change Process Date: September 27, 1995
Last Data Update: September 27, 1995
Data Source Date: April 05, 2012
Location
Address: Green And Davis Streets, Braselton, GA 30517
County: Jackson
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: $8.3 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$7Total assets
$7,789Cash and due from depository institutions
$533Interest-bearing balances
$99Securities
$445Federal funds sold & reverse repurchase agreements
$2,350Net loans & leases
$3,237Loan loss allowance
$145Trading account assets
$0Bank premises and fixed assets
$178Other real estate owned
$0Goodwill and other intangibles
$37Life insurance assets
$1,009All other assets
$0Total liabilities and capital
$7,789Total liabilities
$6,164Total deposits
$6,140Interest-bearing deposits
$3,932Deposits held in domestic offices
6140.00%% insured (estimated)
$88Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$24Total equity capital
$24Total bank equity capital
$1,625Perpetual preferred stock
$0Common stock
$25Surplus
$1,605Undivided profits
Memoranda
$-5Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$29Earning assets
$6,131Long-term assets (5+ years)
$0Average Assets, year-to-date
$6,595Average Assets, quarterly
$7,051Volatile liabilities
$100Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$297Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$616Total risk weighted assets
$3,531Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$44Total interest expense
$10Net interest income
$34Provision for loan and lease losses
$0Total noninterest income
$7Fiduciary activities
$0Service charges on deposit accounts
$6Trading account gains & fees
$0Additional noninterest income
$1Total noninterest expense
$48Salaries and employee benefits
$21Premises and equipment expense
$5Additional noninterest expense
$22Pre-tax net operating income
-$7Securities gains (losses)
$0Applicable income taxes
-$2Income before extraordinary items
-$5Extraordinary gains - net
$0Net income attributable to bank
-$5Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
0.77%Cost of funding earning assets
0.17%Net interest margin
0.59%Noninterest income to earning assets
0.12%Noninterest expense to earning assets
0.84%Net operating income to assets
-0.08%Return on assets (ROA)
-0.08%Pretax return on assets
-0.11%Return on equity (ROE)
-0.64%Retained earnings to average equity (YTD only)
-0.64%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
102,439Assets per employee
1.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.29%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
52.72%Net loans and leases to core deposits
53.59%Equity capital to assets
20.86%Core capital (leverage) ratio
9.09%Tier 1 risk-based capital ratio
17.45%Total risk-based capital ratio
Memoranda
$19Average assets
$6,595Average earning assets
$786Average equity
$5,721Average loans

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