Peach State Bank in Riverdale, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 31, 1995

  • Peach State Bank in Riverdale, Georgia (GA)
  • Show street view No street view available for this location

Peach State Bank - Overview

  • General
  • FDIC Certificate #: 27600
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Peachtree National Bank (#26805)
    Federal Reserve ID: 1402647
    Date Established: October 04, 1989
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 40433
    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 04, 1989
    Last Structure Change Effective Date: January 31, 1995
    Last Structure Change Process Date: Febuary 22, 1995
    Last Data Update: Febuary 22, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 7384 Highway 85, Riverdale, GA 30274
    County: Clayton
    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: $42.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $21Total assets
  • $42,683Cash and due from depository institutions
  • $3,478Interest-bearing balances
  • $1,886Securities
  • $5,584Federal funds sold & reverse repurchase agreements
  • $8,960Net loans & leases
  • $22,840Loan loss allowance
  • $264Trading account assets
  • $0Bank premises and fixed assets
  • $951Other real estate owned
  • $489Goodwill and other intangibles
  • $381Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $42,683Total liabilities
  • $34,497Total deposits
  • $34,166Interest-bearing deposits
  • $26,944Deposits held in domestic offices
  • 34166.00%% insured (estimated)
  • $74Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $331Total equity capital
  • $331Total bank equity capital
  • $8,186Perpetual preferred stock
  • $0Common stock
  • $1,526Surplus
  • $6,106Undivided profits
  • Memoranda
  • $554Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $216Earning assets
  • $39,270Long-term assets (5+ years)
  • $1,068Average Assets, year-to-date
  • $40,676Average Assets, quarterly
  • $41,328Volatile liabilities
  • $8,090Insider loans
  • $1,821FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $4,496Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $8,199Total risk weighted assets
  • $27,202Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,884Total interest expense
  • $1,002Net interest income
  • $1,882Provision for loan and lease losses
  • $0Total noninterest income
  • $276Fiduciary activities
  • $0Service charges on deposit accounts
  • $237Trading account gains & fees
  • $0Additional noninterest income
  • $39Total noninterest expense
  • $1,514Salaries and employee benefits
  • $784Premises and equipment expense
  • $232Additional noninterest expense
  • $498Pre-tax net operating income
  • $644Securities gains (losses)
  • -$114Applicable income taxes
  • $189Income before extraordinary items
  • $341Extraordinary gains - net
  • $0Net income attributable to bank
  • $341Net charge-offs
  • -$32Cash dividends
  • $76Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.74%Cost of funding earning assets
  • 2.69%Net interest margin
  • 5.05%Noninterest income to earning assets
  • 0.74%Noninterest expense to earning assets
  • 4.07%Net operating income to assets
  • 1.02%Return on assets (ROA)
  • 0.84%Pretax return on assets
  • 1.30%Return on equity (ROE)
  • 4.24%Retained earnings to average equity (YTD only)
  • 3.30%Net charge-offs to loans
  • -0.14%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 69,833Assets per employee
  • 2.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 22.29%Loss allowance to loans
  • 1.14%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 1.15%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 66.85%Net loans and leases to core deposits
  • 87.59%Equity capital to assets
  • 19.18%Core capital (leverage) ratio
  • 19.19%Tier 1 risk-based capital ratio
  • 30.14%Total risk-based capital ratio
  • Memoranda
  • $31Average assets
  • $40,676Average earning assets
  • $8,034Average equity
  • $37,243Average 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 Peach State Bank.
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.
Table of Contents