FDIC Certificate #: 9626 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:SunTrust Bank, Tallahassee, National Association (#20554) Federal Reserve ID: 314734 Date Established: July 27, 1907 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 6152 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: October 01, 1998 Last Structure Change Process Date: October 20, 1998 Last Data Update: October 20, 1998 Data Source Date: April 05, 2012
Location
Address: 200 Washington Street, Chattahoochee, FL 32324 County: Gadsden Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Gainesville Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Tallahassee, FL (#8240) Core Based Statistical Area (CBSA): Tallahassee, FL (#45220) CBSA Metro Statistical Area: Tallahassee, FL (#45220)
Financial Summary
Total assets: $26.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
7Total employees (full-time equivalent)
$26,114Total assets
$689Cash and due from depository institutions
$0Interest-bearing balances
$12,447Securities
$1,200Federal funds sold & reverse repurchase agreements
$11,023Net loans & leases
$166Loan loss allowance
$0Trading account assets
$358Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$397All other assets
$26,114Total liabilities and capital
$22,077Total liabilities
$21,929Total deposits
$19,069Interest-bearing deposits
$21,929Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$148All other liabilities
$4,037Total equity capital
$4,037Total bank equity capital
$4,037Perpetual preferred stock
$0Common stock
$250Surplus
$500Undivided profits
Memoranda
$3,287Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$114Average Assets, year-to-date
$24,670Average Assets, quarterly
$3,367Volatile liabilities
$25,715Insider loans
$26,176FHLB advances
$2,530Loans and leases held for sale
$181Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$507Total unused commitments
$0Restructured Loans and leases
$12,390Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$1,908Total interest income
$738Total interest expense
$1,170Net interest income
$24Provision for loan and lease losses
$145Total noninterest income
$0Fiduciary activities
$121Service charges on deposit accounts
$0Trading account gains & fees
$24Additional noninterest income
$564Total noninterest expense
$237Salaries and employee benefits
$68Premises and equipment expense
$259Additional noninterest expense
$727Pre-tax net operating income
$0Securities gains (losses)
$249Applicable income taxes
$478Income before extraordinary items
$0Extraordinary gains - net
$478Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$10Sale, conversion, retirement of capital stock, net
$153Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.87%Yield on earning assets
3.04%Cost of funding earning assets
4.83%Net interest margin
0.60%Noninterest income to earning assets
2.33%Noninterest expense to earning assets
1.86%Net operating income to assets
1.86%Return on assets (ROA)
2.83%Pretax return on assets
12.59%Return on equity (ROE)
8.56%Retained earnings to average equity (YTD only)
0.09%Net charge-offs to loans
240.00%Credit loss provision to net charge-offs
75.10%Efficiency ratio
42,890Assets per employee
3.73%Cash dividends to net income (YTD only)
Condition Ratios (%)
32.01%Loss allowance to loans
1.48%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
50.27%Net loans and leases to core deposits
56.82%Equity capital to assets
15.46%Core capital (leverage) ratio
15.11%Tier 1 risk-based capital ratio
32.05%Total risk-based capital ratio
Memoranda
$33Average assets
$25,715Average earning assets
$3,796Average equity
$24,242Average loans
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