Metter Banking Company in Metter, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 12, 2001

Metter Banking Company in Metter, Georgia (GA)
Show street view No street view available for this location

Metter Banking Company - Overview

General
FDIC Certificate #: 15292
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Branch Banking and Trust Company (#9846)
Federal Reserve ID: 611732
Date Established: January 01, 1934
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
OTS Docket #: 10205
FDIC's unique #: 9634
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: October 28, 1935
Last Structure Change Effective Date: May 12, 2001
Last Structure Change Process Date: June 26, 2001
Last Data Update: June 26, 2001
Data Source Date: April 05, 2012
Location
Address: 2 Southeast Broad Street, Metter, GA 30439
County: Candler
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
Financial Summary
Total assets: $114.0 mil

1992 - 1999 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, 2000)

Dollar figures in thousands
35Total employees (full-time equivalent)
$114,931Total assets
$8,265Cash and due from depository institutions
$1,806Interest-bearing balances
$5,077Securities
$2,174Federal funds sold & reverse repurchase agreements
$96,256Net loans & leases
$1,791Loan loss allowance
$0Trading account assets
$849Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,310All other assets
$114,931Total liabilities and capital
$101,674Total liabilities
$88,800Total deposits
$78,388Interest-bearing deposits
$88,800Deposits held in domestic offices
0.00%% insured (estimated)
$1,000Federal funds purchased & repurchase agreements
$0Trading liabilities
$9,851Other borrowed funds
$0Subordinated debt
$2,023All other liabilities
$13,257Total equity capital
$13,257Total bank equity capital
$13,257Perpetual preferred stock
$0Common stock
$500Surplus
$6,500Undivided profits
Memoranda
$6,257Noncurrent loans and leases
$1,136Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$85Earning assets
$0Long-term assets (5+ years)
$1,438Average Assets, year-to-date
$105,313Average Assets, quarterly
$12,225Volatile liabilities
$109,636Insider loans
$112,192FHLB advances
$20,035Loans and leases held for sale
$1,188Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,136Total unused commitments
$0Restructured Loans and leases
$1,161Derivatives

Income and Expense (December 31, 2000)

Dollar figures in thousands
$9,775Total interest income
$4,482Total interest expense
$5,293Net interest income
$550Provision for loan and lease losses
$604Total noninterest income
$0Fiduciary activities
$606Service charges on deposit accounts
$0Trading account gains & fees
-$2Additional noninterest income
$3,320Total noninterest expense
$1,933Salaries and employee benefits
$451Premises and equipment expense
$936Additional noninterest expense
$2,027Pre-tax net operating income
-$103Securities gains (losses)
$663Applicable income taxes
$1,261Income before extraordinary items
$0Extraordinary gains - net
$1,261Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$67Sale, conversion, retirement of capital stock, net
$436Net operating income

Performance and Condition Ratios (December 31, 2000)

Dollar figures in thousands
Performance Ratios (%, annualized)
9.74%Yield on earning assets
4.46%Cost of funding earning assets
5.27%Net interest margin
0.60%Noninterest income to earning assets
3.31%Noninterest expense to earning assets
1.21%Net operating income to assets
1.15%Return on assets (ROA)
1.75%Pretax return on assets
10.02%Return on equity (ROE)
6.55%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
833.33%Credit loss provision to net charge-offs
38.46%Efficiency ratio
56,300Assets per employee
3.28%Cash dividends to net income (YTD only)
Condition Ratios (%)
34.58%Loss allowance to loans
1.83%Loss allowance to noncurrent loans
2107.06%Noncurrent assets plus other real estate owned to assets
0.07%Noncurrent loans to loans
0.09%Net loans and leases to deposits
108.40%Net loans and leases to core deposits
137.91%Equity capital to assets
11.53%Core capital (leverage) ratio
11.97%Tier 1 risk-based capital ratio
14.36%Total risk-based capital ratio
Memoranda
$16Average assets
$109,636Average earning assets
$12,588Average equity
$100,410Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Metter Banking Company.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.