Coffee County Bank in Douglas, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 19, 1998

Coffee County Bank in Douglas, Georgia (GA)
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Coffee County Bank - Overview

General
FDIC Certificate #: 152
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Liberty Bank (#29568)
Federal Reserve ID: 481739
Date Established: July 01, 1931
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
OTS Docket #: 10727
FDIC's unique #: 119
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: June 19, 1998
Last Structure Change Process Date: June 24, 1998
Last Data Update: June 24, 1998
Data Source Date: April 05, 2012
Location
Address: 102 North Peterson Avenue, Douglas, GA 31533
County: Coffee
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): Douglas, GA (#20060)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $84.3 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
35Total employees (full-time equivalent)
$86,523Total assets
$5,843Cash and due from depository institutions
$49Interest-bearing balances
$16,167Securities
$3,220Federal funds sold & reverse repurchase agreements
$58,384Net loans & leases
$768Loan loss allowance
$0Trading account assets
$1,581Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,328All other assets
$86,523Total liabilities and capital
$79,577Total liabilities
$70,593Total deposits
$56,512Interest-bearing deposits
$70,593Deposits held in domestic offices
0.00%% insured (estimated)
$6,284Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,282Other borrowed funds
$0Subordinated debt
$418All other liabilities
$6,946Total equity capital
$6,946Total bank equity capital
$6,946Perpetual preferred stock
$0Common stock
$1,162Surplus
$2,838Undivided profits
Memoranda
$2,946Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$481Earning assets
$0Long-term assets (5+ years)
$737Average Assets, year-to-date
$77,820Average Assets, quarterly
$11,773Volatile liabilities
$77,540Insider loans
$83,050FHLB advances
$15,081Loans and leases held for sale
$1,191Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,609Total unused commitments
$0Restructured Loans and leases
$59,327Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$6,842Total interest income
$2,848Total interest expense
$3,994Net interest income
$264Provision for loan and lease losses
$428Total noninterest income
$0Fiduciary activities
$340Service charges on deposit accounts
$0Trading account gains & fees
$88Additional noninterest income
$2,533Total noninterest expense
$1,466Salaries and employee benefits
$310Premises and equipment expense
$757Additional noninterest expense
$1,625Pre-tax net operating income
$10Securities gains (losses)
$497Applicable income taxes
$1,138Income before extraordinary items
$0Extraordinary gains - net
$1,138Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$107Sale, conversion, retirement of capital stock, net
$456Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
9.53%Yield on earning assets
3.97%Cost of funding earning assets
5.57%Net interest margin
0.60%Noninterest income to earning assets
3.53%Noninterest expense to earning assets
1.46%Net operating income to assets
1.47%Return on assets (ROA)
2.11%Pretax return on assets
17.39%Return on equity (ROE)
10.42%Retained earnings to average equity (YTD only)
0.20%Net charge-offs to loans
246.73%Credit loss provision to net charge-offs
17.65%Efficiency ratio
57,282Assets per employee
2.47%Cash dividends to net income (YTD only)
Condition Ratios (%)
40.07%Loss allowance to loans
1.30%Loss allowance to noncurrent loans
159.67%Noncurrent assets plus other real estate owned to assets
0.56%Noncurrent loans to loans
0.81%Net loans and leases to deposits
82.71%Net loans and leases to core deposits
93.98%Equity capital to assets
8.03%Core capital (leverage) ratio
8.36%Tier 1 risk-based capital ratio
11.63%Total risk-based capital ratio
Memoranda
$13Average assets
$77,540Average earning assets
$6,542Average equity
$71,769Average loans

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