FDIC Certificate #: 14215 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Branch Banking and Trust Company (#9846) Federal Reserve ID: 551632 Date Established: April 14, 1934 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 6 (Interstate: No) OTS Docket #: 12354 FDIC's unique #: 8875 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: April 14, 1934 Last Structure Change Effective Date: May 12, 2001 Last Structure Change Process Date: June 26, 2001 Last Data Update: June 26, 2001 Data Source Date: April 05, 2012
Location
Address: 40 North Main Street, Statesboro, GA 30458 County: Bulloch 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): Statesboro, GA (#44340) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $206.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
81Total employees (full-time equivalent)
$191,804Total assets
$15,825Cash and due from depository institutions
$8,120Interest-bearing balances
$23,528Securities
$365Federal funds sold & reverse repurchase agreements
$145,693Net loans & leases
$3,201Loan loss allowance
$0Trading account assets
$2,358Bank premises and fixed assets
$704Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,331All other assets
$191,804Total liabilities and capital
$160,753Total liabilities
$152,839Total deposits
$124,088Interest-bearing deposits
$152,839Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,825Other borrowed funds
$0Subordinated debt
$3,089All other liabilities
$31,051Total equity capital
$31,051Total bank equity capital
$31,051Perpetual preferred stock
$0Common stock
$2,900Surplus
$6,100Undivided profits
Memoranda
$22,051Noncurrent loans and leases
$32,363Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$50Earning assets
$0Long-term assets (5+ years)
$2,080Average Assets, year-to-date
$177,706Average Assets, quarterly
$22,969Volatile liabilities
$195,972Insider loans
$190,284FHLB advances
$33,566Loans and leases held for sale
$12,523Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$32,363Total unused commitments
$232Restructured Loans and leases
$1,789Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$16,925Total interest income
$5,887Total interest expense
$11,038Net interest income
$1,004Provision for loan and lease losses
$2,182Total noninterest income
$93Fiduciary activities
$1,422Service charges on deposit accounts
$0Trading account gains & fees
$667Additional noninterest income
$8,893Total noninterest expense
$4,293Salaries and employee benefits
$1,726Premises and equipment expense
$2,874Additional noninterest expense
$3,323Pre-tax net operating income
-$283Securities gains (losses)
$1,036Applicable income taxes
$2,004Income before extraordinary items
$0Extraordinary gains - net
$2,004Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$161Sale, conversion, retirement of capital stock, net
$1,039Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.43%Yield on earning assets
3.28%Cost of funding earning assets
6.15%Net interest margin
1.22%Noninterest income to earning assets
4.95%Noninterest expense to earning assets
1.12%Net operating income to assets
1.02%Return on assets (ROA)
1.55%Pretax return on assets
6.74%Return on equity (ROE)
3.25%Retained earnings to average equity (YTD only)
0.11%Net charge-offs to loans
623.60%Credit loss provision to net charge-offs
26.88%Efficiency ratio
67,269Assets per employee
2.37%Cash dividends to net income (YTD only)
Condition Ratios (%)
51.85%Loss allowance to loans
2.15%Loss allowance to noncurrent loans
6402.00%Noncurrent assets plus other real estate owned to assets
0.39%Noncurrent loans to loans
0.03%Net loans and leases to deposits
95.32%Net loans and leases to core deposits
122.15%Equity capital to assets
16.19%Core capital (leverage) ratio
16.40%Tier 1 risk-based capital ratio
21.60%Total risk-based capital ratio
Memoranda
$23Average assets
$195,972Average earning assets
$29,737Average equity
$179,488Average loans
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