Neighborhood Community Bank in Newnan, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 26, 2009

  • Neighborhood Community Bank in Newnan, Georgia (GA)
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Neighborhood Community Bank - Overview

  • General
  • FDIC Certificate #: 35285
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: CharterBank (#30720)
    Federal Reserve ID: 2906311
    Date Established: April 20, 2000
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 77674
    Numeric code: 13
    Regulator: FED
    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: April 20, 2000
    Last Structure Change Effective Date: June 26, 2009
    Last Structure Change Process Date: June 29, 2009
    Last Data Update: June 29, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 145 Millard Farmer Industrial Boulevard, Newnan, GA 30263
    County: Coweta
    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): Atlanta, GA (#520)
    Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
    Core Based Statistical Area (CBSA): Atlanta-Sandy Springs-Marietta, GA (#12060)
    CBSA Metro Statistical Area: Atlanta-Sandy Springs-Marietta, GA (#12060)
  • Financial Summary
  • Total assets: $212.6 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, 2008)

  • Dollar figures in thousands
  • 43Total employees (full-time equivalent)
  • $223,505Total assets
  • $2,443Cash and due from depository institutions
  • $477Interest-bearing balances
  • $13,610Securities
  • $19,771Federal funds sold & reverse repurchase agreements
  • $157,978Net loans & leases
  • $7,183Loan loss allowance
  • $0Trading account assets
  • $3,764Bank premises and fixed assets
  • $15,601Other real estate owned
  • $0Goodwill and other intangibles
  • $5,623Life insurance assets
  • $10,338All other assets
  • $223,505Total liabilities and capital
  • $214,904Total liabilities
  • $192,203Total deposits
  • $180,651Interest-bearing deposits
  • $192,203Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $3,300Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $14,888Other borrowed funds
  • $0Subordinated debt
  • $4,513All other liabilities
  • $8,601Total equity capital
  • $8,601Total bank equity capital
  • $8,601Perpetual preferred stock
  • $0Common stock
  • $4,500Surplus
  • $10,693Undivided profits
  • Memoranda
  • $-6,592Noncurrent loans and leases
  • $6,186Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $26,286Earning assets
  • $0Long-term assets (5+ years)
  • $765Average Assets, year-to-date
  • $191,836Average Assets, quarterly
  • $13,343Volatile liabilities
  • $234,526Insider loans
  • $227,002FHLB advances
  • $62,854Loans and leases held for sale
  • $11,235Unused loan commitments
  • $13,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $6,186Total unused commitments
  • $0Restructured Loans and leases
  • $2,370Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $10,972Total interest income
  • $8,256Total interest expense
  • $2,716Net interest income
  • $8,163Provision for loan and lease losses
  • $970Total noninterest income
  • $0Fiduciary activities
  • $284Service charges on deposit accounts
  • $0Trading account gains & fees
  • $686Additional noninterest income
  • $11,492Total noninterest expense
  • $3,499Salaries and employee benefits
  • $1,414Premises and equipment expense
  • $6,579Additional noninterest expense
  • -$15,969Pre-tax net operating income
  • $1Securities gains (losses)
  • -$1,920Applicable income taxes
  • -$14,048Income before extraordinary items
  • $0Extraordinary gains - net
  • -$14,048Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $3,406Sale, conversion, retirement of capital stock, net
  • $95Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.48%Yield on earning assets
  • 4.13%Cost of funding earning assets
  • 1.36%Net interest margin
  • 0.48%Noninterest income to earning assets
  • 5.74%Noninterest expense to earning assets
  • -5.99%Net operating income to assets
  • -5.99%Return on assets (ROA)
  • -6.81%Pretax return on assets
  • -76.51%Return on equity (ROE)
  • -77.03%Retained earnings to average equity (YTD only)
  • 1.94%Net charge-offs to loans
  • 239.67%Credit loss provision to net charge-offs
  • -2.29%Efficiency ratio
  • 311,774Assets per employee
  • 5.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -0.68%Loss allowance to loans
  • 4.35%Loss allowance to noncurrent loans
  • 27.33%Noncurrent assets plus other real estate owned to assets
  • 18.74%Noncurrent loans to loans
  • 15.92%Net loans and leases to deposits
  • 82.19%Net loans and leases to core deposits
  • 108.46%Equity capital to assets
  • 3.85%Core capital (leverage) ratio
  • 3.69%Tier 1 risk-based capital ratio
  • 4.52%Total risk-based capital ratio
  • Memoranda
  • $6Average assets
  • $234,526Average earning assets
  • $18,360Average equity
  • $200,054Average loans

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