Century South Bank of Northeast Georgia, National Association in city_name, state_name

Century South Bank of Northeast Georgia, National Association in Gainesville, Georgia (GA)
Show street view No street view available for this location

Century South Bank of Northeast Georgia, National Association - Overview

General
FDIC Certificate #: 26503
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Branch Banking and Trust Company (#9846)
Federal Reserve ID: 966179
Date Established: December 06, 1985
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 8 (Interstate: No)
OTS Docket #: 10898
FDIC's unique #: 33179
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: December 06, 1985
Last Structure Change Effective Date: November 09, 2001
Last Structure Change Process Date: November 21, 2001
Last Data Update: November 21, 2001
Data Source Date: April 05, 2012
Location
Address: 106 Washington Street, Gainesville, GA 30501
County: Hall
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): Gainesville, GA (#23580)
CBSA Metro Statistical Area: Gainesville, GA (#23580)
Financial Summary
Total assets: $510.1 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, 2000)

Dollar figures in thousands
125Total employees (full-time equivalent)
$372,572Total assets
$11,874Cash and due from depository institutions
$179Interest-bearing balances
$50,646Securities
$0Federal funds sold & reverse repurchase agreements
$296,018Net loans & leases
$3,777Loan loss allowance
$0Trading account assets
$7,285Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$6,749All other assets
$372,572Total liabilities and capital
$341,032Total liabilities
$265,103Total deposits
$216,042Interest-bearing deposits
$265,103Deposits held in domestic offices
0.00%% insured (estimated)
$45,070Federal funds purchased & repurchase agreements
$0Trading liabilities
$27,938Other borrowed funds
$0Subordinated debt
$2,921All other liabilities
$31,540Total equity capital
$31,540Total bank equity capital
$31,540Perpetual preferred stock
$0Common stock
$5,086Surplus
$8,049Undivided profits
Memoranda
$18,405Noncurrent loans and leases
$73,710Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,304Earning assets
$0Long-term assets (5+ years)
$2,021Average Assets, year-to-date
$346,843Average Assets, quarterly
$35,310Volatile liabilities
$349,339Insider loans
$364,124FHLB advances
$125,419Loans and leases held for sale
$14,762Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,000Tier 2 risk-based capital
$0Total risk weighted assets
$73,710Total unused commitments
$0Restructured Loans and leases
$3,777Derivatives

Income and Expense (December 31, 2000)

Dollar figures in thousands
$30,675Total interest income
$14,220Total interest expense
$16,455Net interest income
$254Provision for loan and lease losses
$2,996Total noninterest income
$0Fiduciary activities
$1,960Service charges on deposit accounts
$0Trading account gains & fees
$1,036Additional noninterest income
$11,054Total noninterest expense
$5,844Salaries and employee benefits
$1,646Premises and equipment expense
$3,564Additional noninterest expense
$8,143Pre-tax net operating income
$1Securities gains (losses)
$2,638Applicable income taxes
$5,506Income before extraordinary items
$0Extraordinary gains - net
$5,506Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$65Sale, conversion, retirement of capital stock, net
$1,663Net operating income

Performance and Condition Ratios (December 31, 2000)

Dollar figures in thousands
Performance Ratios (%, annualized)
9.57%Yield on earning assets
4.44%Cost of funding earning assets
5.13%Net interest margin
0.93%Noninterest income to earning assets
3.45%Noninterest expense to earning assets
1.58%Net operating income to assets
1.58%Return on assets (ROA)
2.33%Pretax return on assets
18.91%Return on equity (ROE)
13.20%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
390.77%Credit loss provision to net charge-offs
129.18%Efficiency ratio
56,830Assets per employee
2.98%Cash dividends to net income (YTD only)
Condition Ratios (%)
30.20%Loss allowance to loans
1.26%Loss allowance to noncurrent loans
114.32%Noncurrent assets plus other real estate owned to assets
0.89%Noncurrent loans to loans
1.10%Net loans and leases to deposits
111.66%Net loans and leases to core deposits
139.79%Equity capital to assets
8.47%Core capital (leverage) ratio
8.69%Tier 1 risk-based capital ratio
10.25%Total risk-based capital ratio
Memoranda
$11Average assets
$349,339Average earning assets
$29,113Average equity
$320,570Average loans

Century South Bank of Northeast Georgia, National Association in Gainesville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Century South Bank of Northeast Georgia, National Association - Overview

Assets and Liabilities (December 31, 2000)

Income and Expense (December 31, 2000)

Performance and Condition Ratios (December 31, 2000)

Comment about this bank, ask questions, or add new information about it:

Century South Bank of Northeast Georgia, National Association in Gainesville, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

Century South Bank of Northeast Georgia, National Association - Overview

Assets and Liabilities (December 31, 2000)

Income and Expense (December 31, 2000)

Performance and Condition Ratios (December 31, 2000)

Comment about this bank, ask questions, or add new information about it:

Century South Bank of Northeast Georgia, National Association in Gainesville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches