First Madison Bank & Trust in city_name, state_name - Detailed Financial Reports, Location

First Madison Bank & Trust in Colbert, Georgia (GA)
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First Madison Bank & Trust routing number info

First Madison Bank & Trust - Overview

General
FDIC Certificate #: 57898
Status: Active
Federal Reserve ID: 3282021
Date Established: March 30, 2005
WWW: http://www.firstmadisonbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 429675
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: March 30, 2005
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 5536 Georgia Highway 72, Colbert, GA 30628
County: Madison
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): Athens, GA (#500)
Core Based Statistical Area (CBSA): Athens-Clarke County, GA (#12020)
CBSA Metro Statistical Area: Athens-Clarke County, GA (#12020)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $144.0 mil
Equity capital: $13.4 mil
Deposits held in domestic offices: $123.9 mil
Return on assets (ROA): 0.71% ($1.0 mil)
Quarterly return on assets: 0.91% ($1.3 mil)
Return on Equity (ROE): 7.78% ($1.0 mil)
Quarterly return on equity: 9.87% ($1.3 mil)
Net income: $1.0 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.14% ($1,641.8 mil)
Quarterly Pretax return on assets: 1.47% ($2,117.1 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
19Total employees (full-time equivalent)
$144,018Total assets
$20,063Cash and due from depository institutions
$13,546Interest-bearing balances
$10,338Securities
$2,619Federal funds sold & reverse repurchase agreements
$103,610Net loans & leases
$3,962Loan loss allowance
$0Trading account assets
$3,702Bank premises and fixed assets
$877Other real estate owned
$0Goodwill and other intangibles
$144,018Life insurance assets
$2,809All other assets
$130,666Total liabilities and capital
$123,869Total liabilities
$114,313Total deposits
$123,869Interest-bearing deposits
$88Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$6,646Trading liabilities
$0Other borrowed funds
$151Subordinated debt
$13,352All other liabilities
$13,352Total equity capital
$13,352Total bank equity capital
$0Perpetual preferred stock
$5,106Common stock
$5,106Surplus
$3,140Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$535Income earned, not collected on loans
$0Earning assets
$693Long-term assets (5+ years)
$130,113Average Assets, year-to-date
$10,855Average Assets, quarterly
$140,668Volatile liabilities
$143,754Insider loans
$98,925FHLB advances
$143,408Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$13,290Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,623Restructured Loans and leases
$2,452Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$7,598Total interest income
$1,927Total interest expense
$5,671Net interest income
$2,122Provision for loan and lease losses
$541Total noninterest income
$0Fiduciary activities
$375Service charges on deposit accounts
$0Trading account gains & fees
$166Additional noninterest income
$2,969Total noninterest expense
$1,394Salaries and employee benefits
$361Premises and equipment expense
$1,214Additional noninterest expense
$1,121Pre-tax net operating income
$482Securities gains (losses)
$601Applicable income taxes
$1,002Income before extraordinary items
$0Extraordinary gains - net
$1,002Net income attributable to bank
$0Net charge-offs
$1,002Cash dividends
$708Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.96%Yield on earning assets
1.51%Cost of funding earning assets
4.45%Net interest margin
0.42%Noninterest income to earning assets
2.33%Noninterest expense to earning assets
0.49%Net operating income to assets
0.71%Return on assets (ROA)
1.14%Pretax return on assets
7.78%Return on equity (ROE)
7.78%Retained earnings to average equity (YTD only)
0.67%Net charge-offs to loans
299.72%Credit loss provision to net charge-offs
4.58%Efficiency ratio
47,795Assets per employee
7.58%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.68%Loss allowance to noncurrent loans
740.56%Noncurrent assets plus other real estate owned to assets
0.98%Noncurrent loans to loans
0.50%Net loans and leases to deposits
83.64%Net loans and leases to core deposits
88.98%Equity capital to assets
9.27%Core capital (leverage) ratio
9.27%Tier 1 risk-based capital ratio
13.43%Total risk-based capital ratio
Memoranda
$15Average assets
$140,668Average earning assets
$12,882Average equity
$127,524Average loans

List of branches

3 Georgia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	429675	First Madison Bank & Trust	5536 Georgia Highway 72, Colbert, GA 30628	March 30, 2005	Full Service Brick and Mortar
1	445007	Athens Branch	780 Us Highway 29 North, Athens, GA 30601	September 26, 2005	Full Service Brick and Mortar
2	475440	Danielsville Branch	210 General Daniel Avenue, Danielsville, GA 30633	May 15, 2008	Full Service Brick and Mortar

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

First Madison Bank & Trust - 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 Madison Bank & Trust in Colbert, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Madison Bank & Trust - 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 Madison Bank & Trust in Colbert, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches