First Federal Savings Bank in Calhoun, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 07, 1994

First Federal Savings Bank in Calhoun, Georgia (GA)
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First Federal Savings Bank - Overview

General
FDIC Certificate #: 30412
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: AmSouth Bank of Georgia (#33766)
Federal Reserve ID: 575674
Date Established: May 01, 1949
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 5300
FDIC's unique #: 43246
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: June 06, 1949
Last Structure Change Effective Date: April 07, 1994
Last Structure Change Process Date: April 28, 1994
Last Data Update: April 28, 1994
Data Source Date: April 05, 2012
Location
Address: 208 North Wall St, Calhoun, GA 30701
County: Gordon
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): Calhoun, GA (#15660)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $71.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$21Total assets
$72,227Cash and due from depository institutions
$4,039Interest-bearing balances
$2,742Securities
$15,252Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$50,618Loan loss allowance
$450Trading account assets
$0Bank premises and fixed assets
$1,210Other real estate owned
$0Goodwill and other intangibles
$1,108Life insurance assets
$0All other assets
$0Total liabilities and capital
$72,227Total liabilities
$60,682Total deposits
$60,180Interest-bearing deposits
$57,304Deposits held in domestic offices
60180.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$502Total equity capital
$502Total bank equity capital
$11,545Perpetual preferred stock
$0Common stock
$4Surplus
$3,917Undivided profits
Memoranda
$7,624Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$85Income earned, not collected on loans
$305Earning assets
$68,612Long-term assets (5+ years)
$0Average Assets, year-to-date
$70,005Average Assets, quarterly
$71,941Volatile liabilities
$6,106Insider loans
$175FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,740Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$11,545Total risk weighted assets
$37,490Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$5,282Total interest expense
$2,107Net interest income
$3,175Provision for loan and lease losses
$118Total noninterest income
$527Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$527Total noninterest expense
$1,668Salaries and employee benefits
$955Premises and equipment expense
$257Additional noninterest expense
$456Pre-tax net operating income
$1,916Securities gains (losses)
$0Applicable income taxes
$693Income before extraordinary items
$1,223Extraordinary gains - net
$0Net income attributable to bank
$1,223Net charge-offs
$40Cash dividends
$415Sale, conversion, retirement of capital stock, net
$23Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.94%Cost of funding earning assets
3.17%Net interest margin
4.77%Noninterest income to earning assets
0.79%Noninterest expense to earning assets
2.51%Net operating income to assets
1.75%Return on assets (ROA)
1.75%Pretax return on assets
2.74%Return on equity (ROE)
10.89%Retained earnings to average equity (YTD only)
7.19%Net charge-offs to loans
0.08%Credit loss provision to net charge-offs
295.00%Efficiency ratio
45,057Assets per employee
3.44%Cash dividends to net income (YTD only)
Condition Ratios (%)
33.93%Loss allowance to loans
0.88%Loss allowance to noncurrent loans
529.41%Noncurrent assets plus other real estate owned to assets
0.12%Noncurrent loans to loans
0.17%Net loans and leases to deposits
84.11%Net loans and leases to core deposits
93.61%Equity capital to assets
15.98%Core capital (leverage) ratio
15.98%Tier 1 risk-based capital ratio
30.79%Total risk-based capital ratio
Memoranda
$32Average assets
$70,005Average earning assets
$11,234Average equity
$66,525Average loans

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