First Community Bank & Trust in Cartersville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 18, 1999

  • First Community Bank & Trust in Cartersville, Georgia (GA)
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First Community Bank & Trust - Overview

  • General
  • FDIC Certificate #: 27609
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: NBC National Bank (#26699)
    Federal Reserve ID: 1402656
    Date Established: October 23, 1989
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 10254
    FDIC's unique #: 40443
    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: October 23, 1989
    Last Structure Change Effective Date: March 18, 1999
    Last Structure Change Process Date: May 06, 1999
    Last Data Update: May 06, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 827 Joe Frank Harris Parkway, S.E., Cartersville, GA 30120
    County: Bartow
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Dallas
    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: $117.1 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
  • 37Total employees (full-time equivalent)
  • $117,057Total assets
  • $20,583Cash and due from depository institutions
  • $16,455Interest-bearing balances
  • $18,917Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $72,767Net loans & leases
  • $1,136Loan loss allowance
  • $0Trading account assets
  • $1,777Bank premises and fixed assets
  • $187Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,826All other assets
  • $117,057Total liabilities and capital
  • $107,948Total liabilities
  • $103,493Total deposits
  • $90,074Interest-bearing deposits
  • $103,493Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,385Other borrowed funds
  • $0Subordinated debt
  • $2,070All other liabilities
  • $9,109Total equity capital
  • $9,109Total bank equity capital
  • $9,109Perpetual preferred stock
  • $0Common stock
  • $2,076Surplus
  • $3,524Undivided profits
  • Memoranda
  • $3,509Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $243Earning assets
  • $0Long-term assets (5+ years)
  • $561Average Assets, year-to-date
  • $108,139Average Assets, quarterly
  • $29,615Volatile liabilities
  • $103,154Insider loans
  • $112,074FHLB advances
  • $13,333Loans and leases held for sale
  • $1,298Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $9,787Total unused commitments
  • $0Restructured Loans and leases
  • $79,390Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $8,628Total interest income
  • $3,728Total interest expense
  • $4,900Net interest income
  • $475Provision for loan and lease losses
  • $762Total noninterest income
  • $0Fiduciary activities
  • $490Service charges on deposit accounts
  • $0Trading account gains & fees
  • $272Additional noninterest income
  • $3,285Total noninterest expense
  • $1,775Salaries and employee benefits
  • $486Premises and equipment expense
  • $1,024Additional noninterest expense
  • $1,902Pre-tax net operating income
  • -$2Securities gains (losses)
  • $572Applicable income taxes
  • $1,328Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,328Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $474Sale, conversion, retirement of capital stock, net
  • $291Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.06%Yield on earning assets
  • 3.91%Cost of funding earning assets
  • 5.14%Net interest margin
  • 0.80%Noninterest income to earning assets
  • 3.45%Noninterest expense to earning assets
  • 1.29%Net operating income to assets
  • 1.29%Return on assets (ROA)
  • 1.84%Pretax return on assets
  • 15.47%Return on equity (ROE)
  • 12.08%Retained earnings to average equity (YTD only)
  • 0.68%Net charge-offs to loans
  • 100.21%Credit loss provision to net charge-offs
  • 5.01%Efficiency ratio
  • 58,018Assets per employee
  • 3.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 21.91%Loss allowance to loans
  • 1.54%Loss allowance to noncurrent loans
  • 467.49%Noncurrent assets plus other real estate owned to assets
  • 0.37%Noncurrent loans to loans
  • 0.33%Net loans and leases to deposits
  • 70.31%Net loans and leases to core deposits
  • 80.71%Equity capital to assets
  • 7.78%Core capital (leverage) ratio
  • 10.10%Tier 1 risk-based capital ratio
  • 11.26%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $103,154Average earning assets
  • $8,585Average equity
  • $95,245Average loans

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