FDIC Certificate #: 17258 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Citizens Bank and Trust Company, Inc. (#15504) Federal Reserve ID: 205430 Date Established: April 01, 1902 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 14704 FDIC's unique #: 11282 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: September 14, 1953 Last Structure Change Effective Date: November 20, 2004 Last Structure Change Process Date: December 29, 2004 Last Data Update: December 29, 2004 Data Source Date: April 05, 2012
Location
Address: 488 Main Street, Warrenton, GA 30828 County: Warren 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: $48.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
16Total employees (full-time equivalent)
$47,795Total assets
$1,689Cash and due from depository institutions
$0Interest-bearing balances
$14,354Securities
$4,297Federal funds sold & reverse repurchase agreements
$22,408Net loans & leases
$541Loan loss allowance
$0Trading account assets
$1,128Bank premises and fixed assets
$43Other real estate owned
$3,562Goodwill and other intangibles
$0Life insurance assets
$314All other assets
$47,795Total liabilities and capital
$40,316Total liabilities
$39,638Total deposits
$30,530Interest-bearing deposits
$39,638Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$678All other liabilities
$7,479Total equity capital
$7,479Total bank equity capital
$7,479Perpetual preferred stock
$0Common stock
$200Surplus
$7,134Undivided profits
Memoranda
$145Noncurrent loans and leases
$1,122Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$346Earning assets
$0Long-term assets (5+ years)
$215Average Assets, year-to-date
$41,059Average Assets, quarterly
$1,814Volatile liabilities
$48,054Insider loans
$47,923FHLB advances
$3,725Loans and leases held for sale
$137Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,122Total unused commitments
$0Restructured Loans and leases
$320Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$2,054Total interest income
$494Total interest expense
$1,560Net interest income
$66Provision for loan and lease losses
$285Total noninterest income
$0Fiduciary activities
$232Service charges on deposit accounts
$0Trading account gains & fees
$53Additional noninterest income
$1,556Total noninterest expense
$625Salaries and employee benefits
$225Premises and equipment expense
$706Additional noninterest expense
$223Pre-tax net operating income
$0Securities gains (losses)
$79Applicable income taxes
$144Income before extraordinary items
$0Extraordinary gains - net
$144Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$71Sale, conversion, retirement of capital stock, net
$80Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.97%Yield on earning assets
1.19%Cost of funding earning assets
3.77%Net interest margin
0.69%Noninterest income to earning assets
3.76%Noninterest expense to earning assets
0.30%Net operating income to assets
0.30%Return on assets (ROA)
0.46%Pretax return on assets
1.93%Return on equity (ROE)
0.86%Retained earnings to average equity (YTD only)
0.37%Net charge-offs to loans
92.96%Credit loss provision to net charge-offs
4.07%Efficiency ratio
67,209Assets per employee
2.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
55.56%Loss allowance to loans
2.36%Loss allowance to noncurrent loans
156.36%Noncurrent assets plus other real estate owned to assets
0.81%Noncurrent loans to loans
1.51%Net loans and leases to deposits
56.53%Net loans and leases to core deposits
62.40%Equity capital to assets
15.65%Core capital (leverage) ratio
8.78%Tier 1 risk-based capital ratio
15.33%Total risk-based capital ratio
Memoranda
$17Average assets
$48,054Average earning assets
$7,459Average equity
$41,366Average loans
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