First National Bank of Effingham in city_name, state_name - Detailed Financial Reports, Location

First National Bank of Effingham in Springfield, Georgia (GA)
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First National Bank of Effingham - Overview

General
FDIC Certificate #: 32719
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Branch Banking and Trust Company (#9846)
Federal Reserve ID: 1443912
Date Established: December 07, 1989
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
OTS Docket #: 12954
FDIC's unique #: 45582
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: December 07, 1989
Last Structure Change Effective Date: May 12, 2001
Last Structure Change Process Date: June 26, 2001
Last Data Update: June 26, 2001
Data Source Date: April 05, 2012
Location
Address: 501 South Laurel Street, Springfield, GA 31329
County: Effingham
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): Savannah, GA (#7520)
Combined Statistical Area (CSA): Savannah-Hinesville-Fort Stewart, GA (#496)
Core Based Statistical Area (CBSA): Savannah, GA (#42340)
CBSA Metro Statistical Area: Savannah, GA (#42340)
Financial Summary
Total assets: $65.0 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, 2000)

Dollar figures in thousands
26Total employees (full-time equivalent)
$65,157Total assets
$2,746Cash and due from depository institutions
$132Interest-bearing balances
$9,007Securities
$1,589Federal funds sold & reverse repurchase agreements
$48,957Net loans & leases
$499Loan loss allowance
$0Trading account assets
$1,558Bank premises and fixed assets
$215Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,085All other assets
$65,157Total liabilities and capital
$59,619Total liabilities
$47,121Total deposits
$39,941Interest-bearing deposits
$47,121Deposits held in domestic offices
0.00%% insured (estimated)
$10,935Federal funds purchased & repurchase agreements
$0Trading liabilities
$654Other borrowed funds
$0Subordinated debt
$909All other liabilities
$5,538Total equity capital
$5,538Total bank equity capital
$5,538Perpetual preferred stock
$0Common stock
$1,551Surplus
$1,551Undivided profits
Memoranda
$2,436Noncurrent loans and leases
$7,669Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$177Earning assets
$0Long-term assets (5+ years)
$707Average Assets, year-to-date
$59,685Average Assets, quarterly
$3,677Volatile liabilities
$65,001Insider loans
$65,551FHLB advances
$18,847Loans and leases held for sale
$1,734Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,669Total unused commitments
$0Restructured Loans and leases
$499Derivatives

Income and Expense (December 31, 2000)

Dollar figures in thousands
$5,791Total interest income
$2,562Total interest expense
$3,229Net interest income
$590Provision for loan and lease losses
$576Total noninterest income
$0Fiduciary activities
$468Service charges on deposit accounts
$0Trading account gains & fees
$108Additional noninterest income
$2,407Total noninterest expense
$1,071Salaries and employee benefits
$463Premises and equipment expense
$873Additional noninterest expense
$808Pre-tax net operating income
-$88Securities gains (losses)
$278Applicable income taxes
$442Income before extraordinary items
$0Extraordinary gains - net
$442Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$767Sale, conversion, retirement of capital stock, net
$178Net operating income

Performance and Condition Ratios (December 31, 2000)

Dollar figures in thousands
Performance Ratios (%, annualized)
9.84%Yield on earning assets
4.35%Cost of funding earning assets
5.49%Net interest margin
0.98%Noninterest income to earning assets
4.09%Noninterest expense to earning assets
0.77%Net operating income to assets
0.68%Return on assets (ROA)
1.11%Pretax return on assets
8.64%Return on equity (ROE)
5.16%Retained earnings to average equity (YTD only)
1.57%Net charge-offs to loans
76.92%Credit loss provision to net charge-offs
1.82%Efficiency ratio
63,259Assets per employee
2.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
40.27%Loss allowance to loans
1.01%Loss allowance to noncurrent loans
281.92%Noncurrent assets plus other real estate owned to assets
0.60%Noncurrent loans to loans
0.36%Net loans and leases to deposits
103.90%Net loans and leases to core deposits
124.86%Equity capital to assets
8.50%Core capital (leverage) ratio
8.32%Tier 1 risk-based capital ratio
10.77%Total risk-based capital ratio
Memoranda
$12Average assets
$65,001Average earning assets
$5,118Average equity
$58,857Average loans

First National Bank of Effingham in Springfield, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Effingham - Overview

Assets and Liabilities (December 31, 2000)

Income and Expense (December 31, 2000)

Performance and Condition Ratios (December 31, 2000)

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

First National Bank of Effingham in Springfield, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Effingham - Overview

Assets and Liabilities (December 31, 2000)

Income and Expense (December 31, 2000)

Performance and Condition Ratios (December 31, 2000)

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

First National Bank of Effingham in Springfield, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches