FSGBank, National Association in Dalton, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 24, 2003

  • FSGBank, National Association in Dalton, Georgia (GA)
  • Show street view No street view available for this location

FSGBank, National Association - Overview

  • General
  • FDIC Certificate #: 35264
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: FSGBANK, National Association (#35525)
    Federal Reserve ID: 2836810
    Date Established: September 16, 1999
    WWW: http://www.daltonwhitfieldbank.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 6 (Interstate: No)
    FDIC's unique #: 77228
    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: September 16, 1999
    Last Structure Change Effective Date: September 24, 2003
    Last Structure Change Process Date: October 22, 2003
    Last Data Update: October 22, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 401 South Thornton Avenue, Dalton, GA 30720
    County: Whitfield
    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
    Core Based Statistical Area (CBSA): Dalton, GA (#19140)
    CBSA Metro Statistical Area: Dalton, GA (#19140)
  • Financial Summary
  • Total assets: $270.7 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, 2002)

  • Dollar figures in thousands
  • 48Total employees (full-time equivalent)
  • $175,732Total assets
  • $6,186Cash and due from depository institutions
  • $1,018Interest-bearing balances
  • $19,750Securities
  • $9,130Federal funds sold & reverse repurchase agreements
  • $128,906Net loans & leases
  • $1,903Loan loss allowance
  • $0Trading account assets
  • $4,828Bank premises and fixed assets
  • $0Other real estate owned
  • $5,316Goodwill and other intangibles
  • $0Life insurance assets
  • $1,616All other assets
  • $175,732Total liabilities and capital
  • $155,262Total liabilities
  • $151,723Total deposits
  • $126,817Interest-bearing deposits
  • $151,723Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,203Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,336All other liabilities
  • $20,470Total equity capital
  • $20,470Total bank equity capital
  • $20,470Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $15,803Undivided profits
  • Memoranda
  • $2,667Noncurrent loans and leases
  • $19,275Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $691Earning assets
  • $0Long-term assets (5+ years)
  • $926Average Assets, year-to-date
  • $158,804Average Assets, quarterly
  • $20,600Volatile liabilities
  • $170,716Insider loans
  • $183,155FHLB advances
  • $40,921Loans and leases held for sale
  • $1,818Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,900Total risk weighted assets
  • $19,275Total unused commitments
  • $1,524Restructured Loans and leases
  • $1,687Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $9,968Total interest income
  • $3,934Total interest expense
  • $6,034Net interest income
  • $777Provision for loan and lease losses
  • $1,664Total noninterest income
  • $0Fiduciary activities
  • $719Service charges on deposit accounts
  • $0Trading account gains & fees
  • $945Additional noninterest income
  • $4,686Total noninterest expense
  • $2,384Salaries and employee benefits
  • $618Premises and equipment expense
  • $1,684Additional noninterest expense
  • $2,235Pre-tax net operating income
  • $40Securities gains (losses)
  • $834Applicable income taxes
  • $1,441Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,441Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $592Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.53%Yield on earning assets
  • 2.58%Cost of funding earning assets
  • 3.95%Net interest margin
  • 1.09%Noninterest income to earning assets
  • 3.07%Noninterest expense to earning assets
  • 0.83%Net operating income to assets
  • 0.84%Return on assets (ROA)
  • 1.33%Pretax return on assets
  • 7.32%Return on equity (ROE)
  • 7.32%Retained earnings to average equity (YTD only)
  • 0.47%Net charge-offs to loans
  • 131.25%Credit loss provision to net charge-offs
  • 5.09%Efficiency ratio
  • 60,873Assets per employee
  • 3.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.45%Loss allowance to noncurrent loans
  • 275.40%Noncurrent assets plus other real estate owned to assets
  • 0.39%Noncurrent loans to loans
  • 0.53%Net loans and leases to deposits
  • 84.96%Net loans and leases to core deposits
  • 114.07%Equity capital to assets
  • 11.65%Core capital (leverage) ratio
  • 8.28%Tier 1 risk-based capital ratio
  • 11.07%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $170,716Average earning assets
  • $19,680Average equity
  • $152,727Average 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 FSGBank, National Association.
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.
Table of Contents