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

This bank is inactive as of March 03, 2001

  • First National Bank of West Point in West Point, Georgia (GA)
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First National Bank of West Point - Overview

  • General
  • FDIC Certificate #: 192
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Capital City Bank (#9622)
    Federal Reserve ID: 30632
    Date Established: January 13, 1906
    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 #: 12068
    FDIC's unique #: 154
    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: January 01, 1934
    Last Structure Change Effective Date: March 03, 2001
    Last Structure Change Process Date: March 28, 2001
    Last Data Update: March 28, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 3rd Avenue And West 10th Street, West Point, GA 31833
    County: Troup
    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
    Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
    Core Based Statistical Area (CBSA): LaGrange, GA (#29300)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $152.6 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, 2000)

  • Dollar figures in thousands
  • 63Total employees (full-time equivalent)
  • $152,610Total assets
  • $24,655Cash and due from depository institutions
  • $10,371Interest-bearing balances
  • $49,171Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $72,155Net loans & leases
  • $1,189Loan loss allowance
  • $0Trading account assets
  • $4,328Bank premises and fixed assets
  • $0Other real estate owned
  • $570Goodwill and other intangibles
  • $0Life insurance assets
  • $1,731All other assets
  • $152,610Total liabilities and capital
  • $138,303Total liabilities
  • $111,790Total deposits
  • $86,044Interest-bearing deposits
  • $111,790Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $25,295Other borrowed funds
  • $0Subordinated debt
  • $1,218All other liabilities
  • $14,307Total equity capital
  • $14,307Total bank equity capital
  • $14,307Perpetual preferred stock
  • $0Common stock
  • $250Surplus
  • $1,026Undivided profits
  • Memoranda
  • $13,031Noncurrent loans and leases
  • $15,934Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $126Earning assets
  • $117Long-term assets (5+ years)
  • $874Average Assets, year-to-date
  • $131,697Average Assets, quarterly
  • $38,416Volatile liabilities
  • $149,885Insider loans
  • $153,980FHLB advances
  • $32,014Loans and leases held for sale
  • $5,207Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $15,934Total unused commitments
  • $0Restructured Loans and leases
  • $1,033Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $10,560Total interest income
  • $4,880Total interest expense
  • $5,680Net interest income
  • $1,600Provision for loan and lease losses
  • $896Total noninterest income
  • $65Fiduciary activities
  • $579Service charges on deposit accounts
  • $0Trading account gains & fees
  • $252Additional noninterest income
  • $4,238Total noninterest expense
  • $2,355Salaries and employee benefits
  • $767Premises and equipment expense
  • $1,116Additional noninterest expense
  • $738Pre-tax net operating income
  • -$12Securities gains (losses)
  • $254Applicable income taxes
  • $472Income before extraordinary items
  • $0Extraordinary gains - net
  • $472Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,481Sale, conversion, retirement of capital stock, net
  • $260Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.92%Yield on earning assets
  • 3.66%Cost of funding earning assets
  • 4.26%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 3.18%Noninterest expense to earning assets
  • 0.32%Net operating income to assets
  • 0.31%Return on assets (ROA)
  • 0.48%Pretax return on assets
  • 3.44%Return on equity (ROE)
  • 1.54%Retained earnings to average equity (YTD only)
  • 1.96%Net charge-offs to loans
  • 108.04%Credit loss provision to net charge-offs
  • 1.58%Efficiency ratio
  • 63,717Assets per employee
  • 2.42%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 55.08%Loss allowance to loans
  • 1.62%Loss allowance to noncurrent loans
  • 943.65%Noncurrent assets plus other real estate owned to assets
  • 0.08%Noncurrent loans to loans
  • 0.17%Net loans and leases to deposits
  • 64.55%Net loans and leases to core deposits
  • 68.87%Equity capital to assets
  • 9.37%Core capital (leverage) ratio
  • 9.58%Tier 1 risk-based capital ratio
  • 16.75%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $149,885Average earning assets
  • $13,736Average equity
  • $133,327Average loans

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