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

First State Bank & Trust Company in Albany, Georgia (GA)
Show street view No street view available for this location

First State Bank & Trust Company - Overview

General
FDIC Certificate #: 15948
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Regions Bank (#12368)
Federal Reserve ID: 999739
Date Established: June 01, 1905
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 12 (Interstate: No)
OTS Docket #: 10492
FDIC's unique #: 10179
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: June 01, 1943
Last Structure Change Effective Date: April 24, 1998
Last Structure Change Process Date: June 23, 1998
Last Data Update: June 23, 1998
Data Source Date: April 05, 2012
Location
Address: 333 Broad Avenue, Albany, GA 31701
County: Dougherty
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Albany Ga
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Albany, GA (#120)
Core Based Statistical Area (CBSA): Albany, GA (#10500)
CBSA Metro Statistical Area: Albany, GA (#10500)
Financial Summary
Total assets: $431.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
141Total employees (full-time equivalent)
$439,999Total assets
$38,542Cash and due from depository institutions
$16,244Interest-bearing balances
$76,167Securities
$7,000Federal funds sold & reverse repurchase agreements
$298,632Net loans & leases
$4,548Loan loss allowance
$0Trading account assets
$6,200Bank premises and fixed assets
$294Other real estate owned
$5,854Goodwill and other intangibles
$0Life insurance assets
$7,310All other assets
$439,999Total liabilities and capital
$398,725Total liabilities
$381,148Total deposits
$302,444Interest-bearing deposits
$381,148Deposits held in domestic offices
0.00%% insured (estimated)
$11,346Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,027Other borrowed funds
$0Subordinated debt
$3,204All other liabilities
$41,274Total equity capital
$41,274Total bank equity capital
$41,274Perpetual preferred stock
$0Common stock
$2,500Surplus
$18,248Undivided profits
Memoranda
$20,526Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,200Earning assets
$0Long-term assets (5+ years)
$4,187Average Assets, year-to-date
$398,043Average Assets, quarterly
$12,984Volatile liabilities
$433,396Insider loans
$441,608FHLB advances
$67,590Loans and leases held for sale
$9,510Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,785Total risk weighted assets
$76,155Total unused commitments
$0Restructured Loans and leases
$303,497Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$33,989Total interest income
$13,909Total interest expense
$20,080Net interest income
$907Provision for loan and lease losses
$5,921Total noninterest income
$1,238Fiduciary activities
$2,846Service charges on deposit accounts
$0Trading account gains & fees
$1,837Additional noninterest income
$16,303Total noninterest expense
$5,005Salaries and employee benefits
$1,928Premises and equipment expense
$9,370Additional noninterest expense
$8,791Pre-tax net operating income
$6Securities gains (losses)
$2,968Applicable income taxes
$5,829Income before extraordinary items
$0Extraordinary gains - net
$5,829Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$462Sale, conversion, retirement of capital stock, net
$2,000Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.72%Yield on earning assets
3.57%Cost of funding earning assets
5.15%Net interest margin
1.52%Noninterest income to earning assets
4.18%Noninterest expense to earning assets
1.34%Net operating income to assets
1.34%Return on assets (ROA)
2.03%Pretax return on assets
15.09%Return on equity (ROE)
9.91%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
196.32%Credit loss provision to net charge-offs
20.99%Efficiency ratio
57,140Assets per employee
3.12%Cash dividends to net income (YTD only)
Condition Ratios (%)
34.31%Loss allowance to loans
1.50%Loss allowance to noncurrent loans
379.00%Noncurrent assets plus other real estate owned to assets
0.34%Noncurrent loans to loans
0.40%Net loans and leases to deposits
78.35%Net loans and leases to core deposits
91.91%Equity capital to assets
9.38%Core capital (leverage) ratio
8.20%Tier 1 risk-based capital ratio
11.53%Total risk-based capital ratio
Memoranda
$13Average assets
$433,396Average earning assets
$38,639Average equity
$389,713Average loans

First State Bank & Trust Company in Albany, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank & Trust Company - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

First State Bank & Trust Company in Albany, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank & Trust Company - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

First State Bank & Trust Company in Albany, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches