First Community Bank of Henry County in city_name, state_name

First Community Bank of Henry County in Mcdonough, Georgia (GA)
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First Community Bank of Henry County - Overview

General
FDIC Certificate #: 25299
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Premier Bank (#26307)
Federal Reserve ID: 599737
Date Established: August 04, 1984
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 13118
FDIC's unique #: 17502
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: August 04, 1984
Last Structure Change Effective Date: May 07, 1999
Last Structure Change Process Date: June 23, 1999
Last Data Update: June 23, 1999
Data Source Date: April 05, 2012
Location
Address: 12 North Cedar Street, Mcdonough, GA 30253
County: Henry
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: $82.6 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
22Total employees (full-time equivalent)
$79,857Total assets
$3,987Cash and due from depository institutions
$0Interest-bearing balances
$5,104Securities
$17,070Federal funds sold & reverse repurchase agreements
$48,228Net loans & leases
$371Loan loss allowance
$0Trading account assets
$2,505Bank premises and fixed assets
$272Other real estate owned
$2,000Goodwill and other intangibles
$0Life insurance assets
$691All other assets
$79,857Total liabilities and capital
$71,280Total liabilities
$69,977Total deposits
$59,379Interest-bearing deposits
$69,977Deposits held in domestic offices
0.00%% insured (estimated)
$530Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$773All other liabilities
$8,577Total equity capital
$8,577Total bank equity capital
$8,577Perpetual preferred stock
$0Common stock
$1,510Surplus
$5,638Undivided profits
Memoranda
$1,429Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$612Earning assets
$0Long-term assets (5+ years)
$567Average Assets, year-to-date
$70,402Average Assets, quarterly
$4,839Volatile liabilities
$77,749Insider loans
$79,468FHLB advances
$12,596Loans and leases held for sale
$3,201Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$608Total risk weighted assets
$10,541Total unused commitments
$0Restructured Loans and leases
$55,189Derivatives

Income and Expense (December 31, 1998)

Dollar figures in thousands
$6,341Total interest income
$3,269Total interest expense
$3,072Net interest income
$50Provision for loan and lease losses
$745Total noninterest income
$0Fiduciary activities
$290Service charges on deposit accounts
$0Trading account gains & fees
$455Additional noninterest income
$2,641Total noninterest expense
$1,416Salaries and employee benefits
$377Premises and equipment expense
$848Additional noninterest expense
$1,126Pre-tax net operating income
$64Securities gains (losses)
$564Applicable income taxes
$626Income before extraordinary items
$0Extraordinary gains - net
$626Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$224Sale, conversion, retirement of capital stock, net
$10Net operating income

Performance and Condition Ratios (December 31, 1998)

Dollar figures in thousands
Performance Ratios (%, annualized)
9.15%Yield on earning assets
4.72%Cost of funding earning assets
4.43%Net interest margin
1.08%Noninterest income to earning assets
3.81%Noninterest expense to earning assets
0.75%Net operating income to assets
0.81%Return on assets (ROA)
1.53%Pretax return on assets
7.46%Return on equity (ROE)
7.34%Retained earnings to average equity (YTD only)
0.43%Net charge-offs to loans
22.32%Credit loss provision to net charge-offs
5.25%Efficiency ratio
64,344Assets per employee
3.63%Cash dividends to net income (YTD only)
Condition Ratios (%)
1.60%Loss allowance to loans
0.76%Loss allowance to noncurrent loans
60.62%Noncurrent assets plus other real estate owned to assets
1.11%Noncurrent loans to loans
1.26%Net loans and leases to deposits
68.92%Net loans and leases to core deposits
83.28%Equity capital to assets
10.74%Core capital (leverage) ratio
8.51%Tier 1 risk-based capital ratio
12.08%Total risk-based capital ratio
Memoranda
$13Average assets
$77,749Average earning assets
$8,395Average equity
$69,291Average loans

First Community Bank of Henry County in Mcdonough, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Community Bank of Henry 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 Community Bank of Henry County in Mcdonough, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Community Bank of Henry 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 Community Bank of Henry County in Mcdonough, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches