First Citizens Bank of Clayton County in city_name, state_name

First Citizens Bank of Clayton County in Riverdale, Georgia (GA)
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First Citizens Bank of Clayton County - Overview

General
FDIC Certificate #: 25042
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Citizens Bank (#33074)
Federal Reserve ID: 961035
Date Established: March 17, 1984
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 17331
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: March 17, 1984
Last Structure Change Effective Date: Febuary 12, 1999
Last Structure Change Process Date: May 11, 1999
Last Data Update: May 11, 1999
Data Source Date: April 05, 2012
Location
Address: 6375 Highway 85, Riverdale, GA 30274
County: Clayton
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): Atlanta, GA (#520)
Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
Core Based Statistical Area (CBSA): Atlanta-Sandy Springs-Marietta, GA (#12060)
CBSA Metro Statistical Area: Atlanta-Sandy Springs-Marietta, GA (#12060)
Financial Summary
Total assets: $67.3 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, 1998)

Dollar figures in thousands
25Total employees (full-time equivalent)
$67,280Total assets
$2,415Cash and due from depository institutions
$0Interest-bearing balances
$12,092Securities
$0Federal funds sold & reverse repurchase agreements
$46,906Net loans & leases
$1,255Loan loss allowance
$0Trading account assets
$2,622Bank premises and fixed assets
$0Other real estate owned
$2,042Goodwill and other intangibles
$0Life insurance assets
$1,203All other assets
$67,280Total liabilities and capital
$58,284Total liabilities
$53,870Total deposits
$41,948Interest-bearing deposits
$53,870Deposits held in domestic offices
0.00%% insured (estimated)
$4,150Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$264All other liabilities
$8,996Total equity capital
$8,996Total bank equity capital
$8,996Perpetual preferred stock
$0Common stock
$2,800Surplus
$5,377Undivided profits
Memoranda
$819Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$24Earning assets
$0Long-term assets (5+ years)
$354Average Assets, year-to-date
$58,998Average Assets, quarterly
$4,085Volatile liabilities
$65,883Insider loans
$67,276FHLB advances
$10,494Loans and leases held for sale
$29Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$19,357Total unused commitments
$0Restructured Loans and leases
$55,047Derivatives

Income and Expense (December 31, 1998)

Dollar figures in thousands
$4,762Total interest income
$2,134Total interest expense
$2,628Net interest income
$252Provision for loan and lease losses
$736Total noninterest income
$0Fiduciary activities
$330Service charges on deposit accounts
$0Trading account gains & fees
$406Additional noninterest income
$2,667Total noninterest expense
$1,034Salaries and employee benefits
$414Premises and equipment expense
$1,219Additional noninterest expense
$445Pre-tax net operating income
$234Securities gains (losses)
$30Applicable income taxes
$649Income before extraordinary items
$0Extraordinary gains - net
$649Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$14Sale, conversion, retirement of capital stock, net
$600Net operating income

Performance and Condition Ratios (December 31, 1998)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.35%Yield on earning assets
3.74%Cost of funding earning assets
4.61%Net interest margin
1.29%Noninterest income to earning assets
4.68%Noninterest expense to earning assets
0.64%Net operating income to assets
0.99%Return on assets (ROA)
1.03%Pretax return on assets
7.27%Return on equity (ROE)
0.55%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
1800.00%Credit loss provision to net charge-offs
49.79%Efficiency ratio
75,951Assets per employee
2.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
92.45%Loss allowance to loans
2.61%Loss allowance to noncurrent loans
5229.17%Noncurrent assets plus other real estate owned to assets
0.04%Noncurrent loans to loans
0.05%Net loans and leases to deposits
87.07%Net loans and leases to core deposits
98.70%Equity capital to assets
13.37%Core capital (leverage) ratio
10.47%Tier 1 risk-based capital ratio
12.55%Total risk-based capital ratio
Memoranda
$14Average assets
$65,883Average earning assets
$8,931Average equity
$57,008Average loans

First Citizens Bank of Clayton County in Riverdale, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Citizens Bank of Clayton County - Overview

Assets and Liabilities (December 31, 1998)

Income and Expense (December 31, 1998)

Performance and Condition Ratios (December 31, 1998)

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

First Citizens Bank of Clayton County in Riverdale, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Citizens Bank of Clayton County - Overview

Assets and Liabilities (December 31, 1998)

Income and Expense (December 31, 1998)

Performance and Condition Ratios (December 31, 1998)

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

First Citizens Bank of Clayton County in Riverdale, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches