FDIC Certificate #: 11294 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:United Central Bank (#25330) Federal Reserve ID: 442534 Date Established: July 25, 1905 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 7208 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: January 01, 1934 Last Structure Change Effective Date: May 30, 2008 Last Structure Change Process Date: June 11, 2008 Last Data Update: June 11, 2008 Data Source Date: April 05, 2012
Location
Address: State Highway 22, Haddock, GA 31033 County: Jones 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 Metropolitan Statistical Area (MSA): Macon, GA (#4680) Combined Statistical Area (CSA): Macon-Warner Robins-Fort Valley, GA (#356) Core Based Statistical Area (CBSA): Macon, GA (#31420) CBSA Metro Statistical Area: Macon, GA (#31420)
Financial Summary
Total assets: $4.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
3Total employees (full-time equivalent)
$4,971Total assets
$1,563Cash and due from depository institutions
$754Interest-bearing balances
$418Securities
$1,000Federal funds sold & reverse repurchase agreements
$1,621Net loans & leases
$13Loan loss allowance
$0Trading account assets
$64Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$289Life insurance assets
$305All other assets
$4,971Total liabilities and capital
$4,545Total liabilities
$4,543Total deposits
$2,800Interest-bearing deposits
$4,543Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$2All other liabilities
$426Total equity capital
$426Total bank equity capital
$426Perpetual preferred stock
$0Common stock
$25Surplus
$190Undivided profits
Memoranda
$211Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$30Earning assets
$0Long-term assets (5+ years)
$8Average Assets, year-to-date
$3,793Average Assets, quarterly
$0Volatile liabilities
$4,875Insider loans
$4,856FHLB advances
$434Loans and leases held for sale
$22Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$13Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$260Total interest income
$23Total interest expense
$237Net interest income
$2Provision for loan and lease losses
$50Total noninterest income
$0Fiduciary activities
$44Service charges on deposit accounts
$0Trading account gains & fees
$6Additional noninterest income
$278Total noninterest expense
$171Salaries and employee benefits
$56Premises and equipment expense
$51Additional noninterest expense
$7Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$7Income before extraordinary items
$0Extraordinary gains - net
$7Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$13Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.81%Yield on earning assets
0.60%Cost of funding earning assets
6.21%Net interest margin
1.31%Noninterest income to earning assets
7.28%Noninterest expense to earning assets
0.14%Net operating income to assets
0.14%Return on assets (ROA)
0.14%Pretax return on assets
1.70%Return on equity (ROE)
1.70%Retained earnings to average equity (YTD only)
0.78%Net charge-offs to loans
15.38%Credit loss provision to net charge-offs
0.69%Efficiency ratio
96,864Assets per employee
1.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.80%Loss allowance to noncurrent loans
43.33%Noncurrent assets plus other real estate owned to assets
0.60%Noncurrent loans to loans
1.84%Net loans and leases to deposits
35.68%Net loans and leases to core deposits
39.45%Equity capital to assets
8.57%Core capital (leverage) ratio
8.80%Tier 1 risk-based capital ratio
18.21%Total risk-based capital ratio
Memoranda
$19Average assets
$4,875Average earning assets
$411Average equity
$3,817Average loans
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