Frontier Bank in city_name, state_name - Detailed Financial Reports, Location

Frontier Bank in Lagrange, Georgia (GA), AL
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Frontier Bank routing number info

Frontier Bank - Overview

General
FDIC Certificate #: 16431
Status: Active
Federal Reserve ID: 255136
Bank Holding Company (Regulatory Top Holder): Frontier National Corporation (RSSDID: 2600730, Location: Chelsea, AL)
Date Established: May 23, 1946
WWW: http://www.frontierbank.net
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 10 (Domestic: 10, Interstate: Yes)
OTS Docket #: 12268
FDIC's unique #: 10602
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: May 23, 1946
Last Structure Change Effective Date: Febuary 10, 2012
Last Structure Change Process Date: March 01, 2012
Last Data Update: March 01, 2012
Data Source Date: April 05, 2012
Location
Address: 401 Vernon Street, Lagrange, GA 30240
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: $297.8 mil
Equity capital: $6.6 mil
Deposits held in domestic offices: $253.4 mil
Return on assets (ROA): -6.44% (-$19.2 mil)
Quarterly return on assets: -23.34% (-$69.6 mil)
Return on Equity (ROE): -94.17% (-$6.6 mil)
Quarterly return on equity: -460.80% (-$32.3 mil)
Net income: -$20.1 mil
Quarterly Net income: -$18.0 mil
Pretax return on assets: -5.35% (-$15,934.3 mil)
Quarterly Pretax return on assets: -16.97% (-$50,543.1 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
101Total employees (full-time equivalent)
$297,838Total assets
$38,235Cash and due from depository institutions
$32,627Interest-bearing balances
$52,062Securities
$0Federal funds sold & reverse repurchase agreements
$166,401Net loans & leases
$5,963Loan loss allowance
$0Trading account assets
$9,386Bank premises and fixed assets
$19,091Other real estate owned
$0Goodwill and other intangibles
$297,838Life insurance assets
$12,663All other assets
$291,230Total liabilities and capital
$253,408Total liabilities
$223,615Total deposits
$253,408Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$37,068Trading liabilities
$0Other borrowed funds
$754Subordinated debt
$6,608All other liabilities
$6,608Total equity capital
$6,608Total bank equity capital
$0Perpetual preferred stock
$124Common stock
$15,642Surplus
$-9,158Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$36,216Income earned, not collected on loans
$0Earning assets
$1,181Long-term assets (5+ years)
$251,090Average Assets, year-to-date
$53,181Average Assets, quarterly
$312,668Volatile liabilities
$308,441Insider loans
$201,091FHLB advances
$314,369Loans and leases held for sale
$8,277Unused loan commitments
$3,449Tier 1 (core) risk-based capital
$6,307Tier 2 risk-based capital
$0Total risk weighted assets
$4,828Total unused commitments
$9,072Restructured Loans and leases
$911Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$12,627Total interest income
$4,283Total interest expense
$8,344Net interest income
$14,518Provision for loan and lease losses
$1,572Total noninterest income
$0Fiduciary activities
$1,030Service charges on deposit accounts
$0Trading account gains & fees
$542Additional noninterest income
$12,564Total noninterest expense
$4,846Salaries and employee benefits
$1,224Premises and equipment expense
$6,494Additional noninterest expense
-$17,166Pre-tax net operating income
$435Securities gains (losses)
$3,406Applicable income taxes
-$20,137Income before extraordinary items
$0Extraordinary gains - net
-$20,137Net income attributable to bank
$0Net charge-offs
-$20,137Cash dividends
$13,300Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.77%Yield on earning assets
1.62%Cost of funding earning assets
3.15%Net interest margin
0.59%Noninterest income to earning assets
4.74%Noninterest expense to earning assets
-6.58%Net operating income to assets
-6.44%Return on assets (ROA)
-5.35%Pretax return on assets
-94.17%Return on equity (ROE)
-94.17%Retained earnings to average equity (YTD only)
6.83%Net charge-offs to loans
109.16%Credit loss provision to net charge-offs
-0.20%Efficiency ratio
110,418Assets per employee
2.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.46%Loss allowance to noncurrent loans
16.47%Noncurrent assets plus other real estate owned to assets
18.57%Noncurrent loans to loans
21.01%Net loans and leases to deposits
65.67%Net loans and leases to core deposits
70.01%Equity capital to assets
2.22%Core capital (leverage) ratio
2.01%Tier 1 risk-based capital ratio
3.14%Total risk-based capital ratio
Memoranda
$4Average assets
$312,668Average earning assets
$21,383Average equity
$264,788Average loans

List of branches

9 Alabama Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
4	1852	Sylacauga Branch	43 North Broadway Avenue, Sylacauga, AL 35150	January 09, 1901	Full Service Brick and Mortar
8	361328	Payton Branch	135 James Patyon Boulevard, Sylacauga, AL 35150	July 10, 2000	Full Service Brick and Mortar
9	238726	Childersburg Branch	120 8th Avenue, Childersburg, AL 35044	Febuary 04, 1974	Full Service Brick and Mortar
10	238729	Chelsea Branch	16863 Us Highway 280, Chelsea, AL 35043	Febuary 12, 1996	Full Service Brick and Mortar
11	249550	Vincent Branch	47-53 North Main Street, Vincent, AL 35178	January 14, 2000	Full Service Brick and Mortar
12	238068	Valley Branch	3216 20th Avenue, Valley, AL 36854	November 07, 1985	Full Service Brick and Mortar
13	360236	Auburn Branch	1678 South College Street, Auburn, AL 36830	May 18, 2001	Full Service Brick and Mortar
15	455403	Pelham Branch	2723 Pelham Parkway, Pelham, AL 35124	October 03, 2006	Full Service Brick and Mortar
16	492991	Administrative Office Branch	16863 U. S. Highway 280, Chelsea, AL 35043	June 30, 2009	Limited Service Administrative

1 Georgia Branch as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	10602	Frontier Bank	401 Vernon Street, Lagrange, GA 30240	May 23, 1946	Full Service Brick and Mortar

Frontier Bank in Lagrange, Georgia (GA), AL
Overview, Financial Summary, Detailed Financial Reports, Branches

Frontier Bank - 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:

Frontier Bank in Lagrange, Georgia (GA), ALOverview, Financial Summary, Detailed Financial Reports, Branches

Frontier Bank - 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:

Frontier Bank in Lagrange, Georgia (GA), AL
Overview, Financial Summary, Detailed Financial Reports, Branches