Georgia Bank & Trust in city_name, state_name - Detailed Financial Reports, Location

Georgia Bank & Trust in Calhoun, Georgia (GA)
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Georgia Bank & Trust - Overview

General
FDIC Certificate #: 27173
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Synovus Bank (#873)
Federal Reserve ID: 1165540
Date Established: Febuary 15, 1988
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
OTS Docket #: 12728
FDIC's unique #: 39007
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: Febuary 15, 1988
Last Structure Change Effective Date: June 01, 2010
Last Structure Change Process Date: June 14, 2010
Last Data Update: June 14, 2010
Data Source Date: April 05, 2012
Location
Address: 135 Bryant Parkway, Calhoun, GA 30701
County: Gordon
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
Core Based Statistical Area (CBSA): Calhoun, GA (#15660)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $478.0 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, 2009)

Dollar figures in thousands
77Total employees (full-time equivalent)
$467,076Total assets
$6,004Cash and due from depository institutions
$244Interest-bearing balances
$37,778Securities
$10,655Federal funds sold & reverse repurchase agreements
$385,724Net loans & leases
$15,517Loan loss allowance
$0Trading account assets
$6,152Bank premises and fixed assets
$3,305Other real estate owned
$17Goodwill and other intangibles
$3,243Life insurance assets
$17,441All other assets
$467,076Total liabilities and capital
$424,932Total liabilities
$389,148Total deposits
$354,591Interest-bearing deposits
$389,148Deposits held in domestic offices
88.08%% insured (estimated)
$9,622Federal funds purchased & repurchase agreements
$0Trading liabilities
$23,340Other borrowed funds
$0Subordinated debt
$2,822All other liabilities
$42,144Total equity capital
$42,144Total bank equity capital
$42,144Perpetual preferred stock
$0Common stock
$2,617Surplus
$39,704Undivided profits
Memoranda
$-177Noncurrent loans and leases
$41,962Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$26,992Earning assets
$0Long-term assets (5+ years)
$1,966Average Assets, year-to-date
$434,401Average Assets, quarterly
$51,942Volatile liabilities
$492,783Insider loans
$490,358FHLB advances
$166,964Loans and leases held for sale
$12,037Unused loan commitments
$23,145Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$41,962Total unused commitments
$5,109Restructured Loans and leases
$5,039Derivatives

Income and Expense (December 31, 2009)

Dollar figures in thousands
$24,262Total interest income
$9,083Total interest expense
$15,179Net interest income
$16,530Provision for loan and lease losses
$2,347Total noninterest income
$0Fiduciary activities
$2,053Service charges on deposit accounts
$0Trading account gains & fees
$294Additional noninterest income
$9,940Total noninterest expense
$4,767Salaries and employee benefits
$852Premises and equipment expense
$4,321Additional noninterest expense
-$8,944Pre-tax net operating income
$168Securities gains (losses)
-$3,531Applicable income taxes
-$5,245Income before extraordinary items
$0Extraordinary gains - net
-$5,245Net income attributable to bank
$0Net charge-offs
-$5,245Cash dividends
$9,181Sale, conversion, retirement of capital stock, net
$344Net operating income

Performance and Condition Ratios (December 31, 2009)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.21%Yield on earning assets
1.95%Cost of funding earning assets
3.26%Net interest margin
0.50%Noninterest income to earning assets
2.13%Noninterest expense to earning assets
-1.09%Net operating income to assets
-1.06%Return on assets (ROA)
-1.78%Pretax return on assets
-12.61%Return on equity (ROE)
-13.44%Retained earnings to average equity (YTD only)
2.19%Net charge-offs to loans
180.05%Credit loss provision to net charge-offs
0.83%Efficiency ratio
56,716Assets per employee
6.07%Cash dividends to net income (YTD only)
Condition Ratios (%)
-6.56%Loss allowance to loans
3.87%Loss allowance to noncurrent loans
57.49%Noncurrent assets plus other real estate owned to assets
6.49%Noncurrent loans to loans
6.73%Net loans and leases to deposits
99.12%Net loans and leases to core deposits
151.86%Equity capital to assets
9.02%Core capital (leverage) ratio
8.38%Tier 1 risk-based capital ratio
10.51%Total risk-based capital ratio
Memoranda
$12Average assets
$492,783Average earning assets
$41,600Average equity
$466,101Average loans

Georgia Bank & Trust in Calhoun, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Georgia Bank & Trust - Overview

Assets and Liabilities (December 31, 2009)

Income and Expense (December 31, 2009)

Performance and Condition Ratios (December 31, 2009)

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

Georgia Bank & Trust in Calhoun, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

Georgia Bank & Trust - Overview

Assets and Liabilities (December 31, 2009)

Income and Expense (December 31, 2009)

Performance and Condition Ratios (December 31, 2009)

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

Georgia Bank & Trust in Calhoun, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches