FDIC Certificate #: 57786 Status: Active Federal Reserve ID: 3266487 Bank Holding Company (Regulatory Top Holder): Flint River Bancshares, Inc. (RSSDID: 3266496, Location: Camilla, GA) Date Established: September 08, 2004 WWW:http://www.frnb.net Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 424632 Numeric code: 3 Regulator: OCC 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: No Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: September 08, 2004 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: 260 U.S. Highway 19 North, Camilla, GA 31730 County: Mitchell 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $27.0 mil Equity capital: $2.8 mil Deposits held in domestic offices: $24.2 mil Return on assets (ROA): -0.92% (-$0.2 mil) Quarterly return on assets: 0.44% ($0.1 mil) Return on Equity (ROE): -8.67% (-$0.3 mil) Quarterly return on equity: 4.18% ($0.1 mil) Net income: -$0.3 mil Quarterly Net income: $0.0 mil Pretax return on assets: -0.92% (-$248.6 mil) Quarterly Pretax return on assets: 0.44% ($118.9 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
9Total employees (full-time equivalent)
$27,019Total assets
$4,090Cash and due from depository institutions
$443Interest-bearing balances
$676Securities
$2,281Federal funds sold & reverse repurchase agreements
$17,879Net loans & leases
$432Loan loss allowance
$0Trading account assets
$1,064Bank premises and fixed assets
$509Other real estate owned
$0Goodwill and other intangibles
$27,019Life insurance assets
$520All other assets
$24,235Total liabilities and capital
$24,188Total liabilities
$18,804Total deposits
$24,188Interest-bearing deposits
$76Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$47Subordinated debt
$2,784All other liabilities
$2,784Total equity capital
$2,784Total bank equity capital
$0Perpetual preferred stock
$2,650Common stock
$3,500Surplus
$-3,366Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,343Income earned, not collected on loans
$0Earning assets
$227Long-term assets (5+ years)
$21,279Average Assets, year-to-date
$4,353Average Assets, quarterly
$27,359Volatile liabilities
$26,525Insider loans
$19,824FHLB advances
$25,310Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,739Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,635Restructured Loans and leases
$390Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,274Total interest income
$237Total interest expense
$1,037Net interest income
$98Provision for loan and lease losses
$58Total noninterest income
$0Fiduciary activities
$54Service charges on deposit accounts
$0Trading account gains & fees
$4Additional noninterest income
$1,248Total noninterest expense
$474Salaries and employee benefits
$135Premises and equipment expense
$639Additional noninterest expense
-$251Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$251Income before extraordinary items
$0Extraordinary gains - net
-$251Net income attributable to bank
$0Net charge-offs
-$251Cash dividends
$120Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.34%Yield on earning assets
0.99%Cost of funding earning assets
4.35%Net interest margin
0.24%Noninterest income to earning assets
5.23%Noninterest expense to earning assets
-0.92%Net operating income to assets
-0.92%Return on assets (ROA)
-0.92%Pretax return on assets
-8.67%Return on equity (ROE)
-8.67%Retained earnings to average equity (YTD only)
0.59%Net charge-offs to loans
81.67%Credit loss provision to net charge-offs
-1.27%Efficiency ratio
113,973Assets per employee
3.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.36%Loss allowance to noncurrent loans
18.44%Noncurrent assets plus other real estate owned to assets
10.56%Noncurrent loans to loans
12.80%Net loans and leases to deposits
73.92%Net loans and leases to core deposits
100.83%Equity capital to assets
10.30%Core capital (leverage) ratio
10.82%Tier 1 risk-based capital ratio
13.82%Total risk-based capital ratio
Memoranda
$15Average assets
$27,359Average earning assets
$2,895Average equity
$23,842Average loans
List of branches
1 Georgia Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
424632
Flint River National Bank
260 U.S. Highway 19 North, Camilla, GA 31730
September 08, 2004
Full Service Brick and Mortar
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