First Chatham Bank in city_name, state_name - Detailed Financial Reports, Location

First Chatham Bank in Savannah, Georgia (GA)
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First Chatham Bank routing number info

First Chatham Bank - Overview

General
FDIC Certificate #: 57252
Status: Active
Federal Reserve ID: 3075474
Bank Holding Company (Regulatory Top Holder): Fcb Financial Corp. (RSSDID: 3031902, Location: Savannah, GA)
Date Established: January 23, 2002
WWW: http://www.firstchatham.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 9 (Domestic: 9, Interstate: No)
FDIC's unique #: 360133
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: January 23, 2002
Last Structure Change Effective Date: January 01, 2007
Last Structure Change Process Date: November 13, 2007
Last Data Update: November 13, 2007
Data Source Date: April 05, 2012
Location
Address: 111 Barnard Street, Savannah, GA 31401
County: Chatham
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Savannah
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Savannah, GA (#7520)
Combined Statistical Area (CSA): Savannah-Hinesville-Fort Stewart, GA (#496)
Core Based Statistical Area (CBSA): Savannah, GA (#42340)
CBSA Metro Statistical Area: Savannah, GA (#42340)
History of Changes
Change in Geographic Region/Area/Territory/Field Office
Financial Summary
Total assets: $521.5 mil
Equity capital: $17.1 mil
Deposits held in domestic offices: $430.7 mil
Return on assets (ROA): -1.54% (-$8.0 mil)
Quarterly return on assets: -3.52% (-$18.3 mil)
Return on Equity (ROE): -40.09% (-$6.8 mil)
Quarterly return on equity: -96.13% (-$16.3 mil)
Net income: -$8.7 mil
Quarterly Net income: -$4.7 mil
Pretax return on assets: -1.03% (-$5,371.3 mil)
Quarterly Pretax return on assets: -2.53% (-$13,193.7 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, 2011)

Dollar figures in thousands
94Total employees (full-time equivalent)
$521,490Total assets
$33,915Cash and due from depository institutions
$24,942Interest-bearing balances
$67,905Securities
$0Federal funds sold & reverse repurchase agreements
$353,133Net loans & leases
$9,441Loan loss allowance
$0Trading account assets
$13,714Bank premises and fixed assets
$22,961Other real estate owned
$5,833Goodwill and other intangibles
$521,490Life insurance assets
$24,029All other assets
$498,660Total liabilities and capital
$430,719Total liabilities
$391,325Total deposits
$430,719Interest-bearing deposits
$96Deposits held in domestic offices
10000.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$51,500Trading liabilities
$0Other borrowed funds
$6,441Subordinated debt
$22,830All other liabilities
$17,092Total equity capital
$17,092Total bank equity capital
$0Perpetual preferred stock
$800Common stock
$39,075Surplus
$-22,783Undivided profits
Memoranda
$5,738Noncurrent loans and leases
$78,044Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$46,534Income earned, not collected on loans
$0Earning assets
$1,845Long-term assets (5+ years)
$445,980Average Assets, year-to-date
$91,337Average Assets, quarterly
$564,500Volatile liabilities
$531,197Insider loans
$402,367FHLB advances
$525,807Loans and leases held for sale
$11,753Unused loan commitments
$11,753Tier 1 (core) risk-based capital
$20,551Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$26,757Restructured Loans and leases
$6,981Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$20,372Total interest income
$8,864Total interest expense
$11,508Net interest income
$9,104Provision for loan and lease losses
$13,904Total noninterest income
$0Fiduciary activities
$1,130Service charges on deposit accounts
$0Trading account gains & fees
$12,774Additional noninterest income
$19,619Total noninterest expense
$8,815Salaries and employee benefits
$2,155Premises and equipment expense
$8,649Additional noninterest expense
-$3,311Pre-tax net operating income
-$434Securities gains (losses)
$2,880Applicable income taxes
-$6,625Income before extraordinary items
$0Extraordinary gains - net
-$8,673Net income attributable to bank
$2,048Net charge-offs
-$6,625Cash dividends
$11,438Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.15%Yield on earning assets
1.80%Cost of funding earning assets
2.34%Net interest margin
2.83%Noninterest income to earning assets
3.99%Noninterest expense to earning assets
-1.10%Net operating income to assets
-1.54%Return on assets (ROA)
-1.03%Pretax return on assets
-40.09%Return on equity (ROE)
-40.09%Retained earnings to average equity (YTD only)
2.92%Net charge-offs to loans
79.59%Credit loss provision to net charge-offs
0.51%Efficiency ratio
77,105Assets per employee
5.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.60%Loss allowance to noncurrent loans
20.29%Noncurrent assets plus other real estate owned to assets
13.33%Noncurrent loans to loans
12.83%Net loans and leases to deposits
81.99%Net loans and leases to core deposits
88.13%Equity capital to assets
3.28%Core capital (leverage) ratio
3.91%Tier 1 risk-based capital ratio
5.11%Total risk-based capital ratio
Memoranda
$6Average assets
$564,500Average earning assets
$21,634Average equity
$491,458Average loans

List of branches

9 Georgia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	360133	First Chatham Bank	111 Barnard Street, Savannah, GA 31401	January 23, 2002	Full Service Brick and Mortar
2	363046	Oglethorpe Mall Branch	7917 Abercorn Street, Savannah, GA 31406	January 23, 2002	Limited Service Messenger
3	365727	Pooler Branch Office	196 Pooler Parkway, Pooler, GA 31322	October 07, 2002	Full Service Brick and Mortar
4	429737	Memorial Drive Branch	7401 Hodgson Memorial Drive, Savannah, GA 31406	April 19, 2004	Full Service Brick and Mortar
5	442603	Wilmington Island Branch	454 Johnny Mercer Blvd, Savannah, GA 31410	June 30, 2005	Full Service Brick and Mortar
6	449880	Rincon Branch	5633 Highway 21, South, Rincon, GA 31326	March 14, 2006	Full Service Brick and Mortar
7	456599	Richmond Hill Branch	9943 Ford Avenue, Richmond Hill, GA 31324	November 13, 2006	Full Service Brick and Mortar
8	457588	Springfield Branch	203 South Laurel Street, Springfield, GA 31329	January 03, 2007	Full Service Brick and Mortar
10	473866	Glynn Isles Branch	550 Glynn Isles, Brunswick, GA 31525	April 01, 2008	Full Service Brick and Mortar

First Chatham Bank in Savannah, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Chatham Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First Chatham Bank in Savannah, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Chatham Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First Chatham Bank in Savannah, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches