FDIC Certificate #: 19792 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Colony Bank (#22257) Federal Reserve ID: 169233 Date Established: January 01, 1934 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) OTS Docket #: 13968 FDIC's unique #: 13586 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: Febuary 15, 1968 Last Structure Change Effective Date: August 01, 2008 Last Structure Change Process Date: August 13, 2008 Last Data Update: August 13, 2008 Data Source Date: April 05, 2012
Location
Address: 5510 Oak Street, Eastman, GA 31023 County: Dodge 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
Financial Summary
Total assets: $82.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
25Total employees (full-time equivalent)
$88,848Total assets
$4,531Cash and due from depository institutions
$148Interest-bearing balances
$16,594Securities
$3,356Federal funds sold & reverse repurchase agreements
$61,779Net loans & leases
$733Loan loss allowance
$0Trading account assets
$852Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,736All other assets
$88,848Total liabilities and capital
$82,759Total liabilities
$79,365Total deposits
$70,844Interest-bearing deposits
$79,365Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,000Other borrowed funds
$0Subordinated debt
$394All other liabilities
$6,089Total equity capital
$6,089Total bank equity capital
$6,089Perpetual preferred stock
$0Common stock
$88Surplus
$3,912Undivided profits
Memoranda
$2,089Noncurrent loans and leases
$5,747Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,077Earning assets
$0Long-term assets (5+ years)
$935Average Assets, year-to-date
$81,877Average Assets, quarterly
$4,025Volatile liabilities
$85,655Insider loans
$88,426FHLB advances
$24,433Loans and leases held for sale
$2,616Unused loan commitments
$3,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,747Total unused commitments
$0Restructured Loans and leases
$733Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$6,421Total interest income
$3,269Total interest expense
$3,152Net interest income
$374Provision for loan and lease losses
$875Total noninterest income
$0Fiduciary activities
$737Service charges on deposit accounts
$0Trading account gains & fees
$138Additional noninterest income
$2,340Total noninterest expense
$1,042Salaries and employee benefits
$207Premises and equipment expense
$1,091Additional noninterest expense
$1,313Pre-tax net operating income
-$6Securities gains (losses)
$408Applicable income taxes
$899Income before extraordinary items
$0Extraordinary gains - net
$899Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$470Sale, conversion, retirement of capital stock, net
$750Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.98%Yield on earning assets
4.06%Cost of funding earning assets
3.92%Net interest margin
1.09%Noninterest income to earning assets
2.91%Noninterest expense to earning assets
1.05%Net operating income to assets
1.05%Return on assets (ROA)
1.53%Pretax return on assets
15.07%Return on equity (ROE)
2.50%Retained earnings to average equity (YTD only)
0.75%Net charge-offs to loans
79.57%Credit loss provision to net charge-offs
3.59%Efficiency ratio
58,108Assets per employee
3.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
83.43%Loss allowance to loans
1.17%Loss allowance to noncurrent loans
68.06%Noncurrent assets plus other real estate owned to assets
1.21%Noncurrent loans to loans
1.72%Net loans and leases to deposits
77.84%Net loans and leases to core deposits
112.46%Equity capital to assets
6.85%Core capital (leverage) ratio
6.83%Tier 1 risk-based capital ratio
9.45%Total risk-based capital ratio
Memoranda
$11Average assets
$85,655Average earning assets
$5,965Average equity
$80,420Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Colony Bank of Dodge County.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: