First American Bank and Trust Company in city_name, state_name

First American Bank and Trust Company in Athens, Georgia (GA)
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First American Bank and Trust Company routing number info

First American Bank and Trust Company - Overview

General
FDIC Certificate #: 16858
Status: Active
Federal Reserve ID: 921039
Bank Holding Company (Regulatory Top Holder): First American Bancorp (RSSDID: 1138188, Location: Athens, GA)
Date Established: January 01, 1934
WWW: http://www.fabathens.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 10 (Domestic: 10, Interstate: No)
OTS Docket #: 11097
FDIC's unique #: 10956
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: November 01, 1949
Last Structure Change Effective Date: June 24, 2011
Last Structure Change Process Date: June 27, 2011
Last Data Update: June 27, 2011
Data Source Date: April 05, 2012
Location
Address: 300 College Avenue, Athens, GA 30601
County: Clarke
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
Metropolitan Statistical Area (MSA): Athens, GA (#500)
Core Based Statistical Area (CBSA): Athens-Clarke County, GA (#12020)
CBSA Metro Statistical Area: Athens-Clarke County, GA (#12020)
History of Changes
Participated in FDIC Assisted Absorption/Consolidation/Merger
Financial Summary
Total assets: $548.2 mil
Equity capital: $51.5 mil
Deposits held in domestic offices: $372.4 mil
Return on assets (ROA): 1.00% ($5.5 mil)
Quarterly return on assets: 0.65% ($3.6 mil)
Return on Equity (ROE): 10.75% ($5.6 mil)
Quarterly return on equity: 6.98% ($3.6 mil)
Net income: $5.2 mil
Quarterly Net income: $0.9 mil
Pretax return on assets: 1.42% ($7,784.4 mil)
Quarterly Pretax return on assets: 0.88% ($4,824.1 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, 2011)

Dollar figures in thousands
111Total employees (full-time equivalent)
$548,198Total assets
$26,284Cash and due from depository institutions
$10,603Interest-bearing balances
$222,691Securities
$0Federal funds sold & reverse repurchase agreements
$233,194Net loans & leases
$3,318Loan loss allowance
$0Trading account assets
$3,337Bank premises and fixed assets
$14,191Other real estate owned
$0Goodwill and other intangibles
$548,198Life insurance assets
$48,501All other assets
$496,691Total liabilities and capital
$372,387Total liabilities
$325,689Total deposits
$372,387Interest-bearing deposits
$90Deposits held in domestic offices
78620.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$41,194Trading liabilities
$0Other borrowed funds
$4,490Subordinated debt
$51,507All other liabilities
$51,507Total equity capital
$51,507Total bank equity capital
$0Perpetual preferred stock
$2,418Common stock
$16,158Surplus
$32,931Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$30,440Income earned, not collected on loans
$0Earning assets
$2,847Long-term assets (5+ years)
$466,488Average Assets, year-to-date
$178,682Average Assets, quarterly
$518,051Volatile liabilities
$553,945Insider loans
$300,988FHLB advances
$553,253Loans and leases held for sale
$10,810Unused loan commitments
$0Tier 1 (core) risk-based capital
$48,331Tier 2 risk-based capital
$10,810Total risk weighted assets
$0Total unused commitments
$32,009Restructured Loans and leases
$6,004Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$18,408Total interest income
$4,916Total interest expense
$13,492Net interest income
$3,181Provision for loan and lease losses
$9,058Total noninterest income
$419Fiduciary activities
$1,853Service charges on deposit accounts
$0Trading account gains & fees
$6,786Additional noninterest income
$12,385Total noninterest expense
$6,409Salaries and employee benefits
$1,688Premises and equipment expense
$4,288Additional noninterest expense
$6,984Pre-tax net operating income
$391Securities gains (losses)
$2,185Applicable income taxes
$5,190Income before extraordinary items
$0Extraordinary gains - net
$5,190Net income attributable to bank
$0Net charge-offs
$5,190Cash dividends
$3,262Sale, conversion, retirement of capital stock, net
$779Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.03%Yield on earning assets
1.08%Cost of funding earning assets
2.95%Net interest margin
1.98%Noninterest income to earning assets
2.71%Noninterest expense to earning assets
0.95%Net operating income to assets
1.00%Return on assets (ROA)
1.42%Pretax return on assets
10.75%Return on equity (ROE)
9.14%Retained earnings to average equity (YTD only)
1.31%Net charge-offs to loans
97.52%Credit loss provision to net charge-offs
3.12%Efficiency ratio
54,922Assets per employee
4.94%Cash dividends to net income (YTD only)
Condition Ratios (%)
15.01%Loss allowance to loans
1.40%Loss allowance to noncurrent loans
10.90%Noncurrent assets plus other real estate owned to assets
8.14%Noncurrent loans to loans
12.87%Net loans and leases to deposits
62.62%Net loans and leases to core deposits
65.76%Equity capital to assets
9.40%Core capital (leverage) ratio
8.74%Tier 1 risk-based capital ratio
16.06%Total risk-based capital ratio
Memoranda
$17Average assets
$518,051Average earning assets
$48,268Average equity
$457,253Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$47,895Managed Assets
1Number of Accounts
$41,050Personal trust and agency accounts
$32,855Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$1,064Corporate trust and agency accounts
$0Investment management agency accounts
$7,131Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
113Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$6,845Other retirement accounts
$348Corporate trust and agency accounts
$4,965Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

9 Georgia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	10956	First American Bank And Trust Compan	300 College Avenue, Athens, GA 30601	January 01, 1934	Full Service Brick and Mortar
1	239167	West Broad Branch	2241 West Broad Street, Athens, GA 30606	April 30, 1979	Full Service Brick and Mortar
2	239168	North Athens Branch	825 Hull Road, Athens, GA 30601	December 21, 1984	Full Service Brick and Mortar
3	239169	Kroger College Station Branch	2301 College Station Road, Athens, GA 30605	December 23, 1985	Full Service Brick and Mortar
9	362103	Watkinsville Branch	1681 Experiment Station Road, Watkinsville, GA 30677	Febuary 20, 2001	Full Service Brick and Mortar
11	60758	First Piedmont Bank Branch	65 East May Street, Winder, GA 30680	April 15, 1998	Full Service Brick and Mortar
13	501282	Messenger Service	300 College Avenue, Athens, GA 30601	Febuary 01, 2010	Limited Service Messenger
14	366230	Mountain Heritage Bank Branch	550 Highway 441 South, Clayton, GA 30525	November 10, 2003	Full Service Brick and Mortar
15	492763	Dillard Office Branch	7199 Highway 441 North, Dillard, GA 30537	October 15, 2008	Full Service Brick and Mortar

First American Bank and Trust Company in Athens, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First American Bank and Trust Company - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

First American Bank and Trust Company in Athens, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

First American Bank and Trust Company - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

First American Bank and Trust Company in Athens, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches