FDIC Certificate #: 19604 Status: Active Federal Reserve ID: 1013735 Bank Holding Company (Regulatory Top Holder): South Banking Company (RSSDID: 1081622, Location: Alma, GA) Date Established: July 01, 1966 WWW:http://www.psbbaxley.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 13209 FDIC's unique #: 13403 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: July 01, 1966 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 72 East Parker Street, Baxley, GA 31513 County: Appling Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Savannah Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast
History of Changes
Change in Location
Change in Geographic Region/Area/Territory/Field Office
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $71.3 mil Equity capital: $9.3 mil Deposits held in domestic offices: $61.5 mil Return on assets (ROA): 1.34% ($1.0 mil) Quarterly return on assets: -0.10% (-$0.1 mil) Return on Equity (ROE): 10.51% ($0.9 mil) Quarterly return on equity: -0.75% (-$0.1 mil) Net income: $1.0 mil Quarterly Net income: -$0.0 mil Pretax return on assets: 2.08% ($1,483.9 mil) Quarterly Pretax return on assets: -0.28% (-$199.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
24Total employees (full-time equivalent)
$71,343Total assets
$12,951Cash and due from depository institutions
$12,180Interest-bearing balances
$5,792Securities
$0Federal funds sold & reverse repurchase agreements
$46,103Net loans & leases
$912Loan loss allowance
$0Trading account assets
$2,640Bank premises and fixed assets
$2,517Other real estate owned
$0Goodwill and other intangibles
$71,343Life insurance assets
$1,340All other assets
$62,016Total liabilities and capital
$61,501Total liabilities
$47,569Total deposits
$61,501Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$515Subordinated debt
$9,327All other liabilities
$9,327Total equity capital
$9,327Total bank equity capital
$0Perpetual preferred stock
$319Common stock
$6,600Surplus
$2,408Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,942Income earned, not collected on loans
$0Earning assets
$448Long-term assets (5+ years)
$64,075Average Assets, year-to-date
$6,806Average Assets, quarterly
$73,264Volatile liabilities
$72,520Insider loans
$54,182FHLB advances
$73,081Loans and leases held for sale
$235Unused loan commitments
$0Tier 1 (core) risk-based capital
$9,288Tier 2 risk-based capital
$235Total risk weighted assets
$0Total unused commitments
$8,049Restructured Loans and leases
$3Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,995Total interest income
$535Total interest expense
$3,460Net interest income
$15Provision for loan and lease losses
$894Total noninterest income
$0Fiduciary activities
$620Service charges on deposit accounts
$0Trading account gains & fees
$274Additional noninterest income
$2,815Total noninterest expense
$1,477Salaries and employee benefits
$419Premises and equipment expense
$919Additional noninterest expense
$1,524Pre-tax net operating income
$0Securities gains (losses)
$540Applicable income taxes
$984Income before extraordinary items
$0Extraordinary gains - net
$984Net income attributable to bank
$0Net charge-offs
$984Cash dividends
$27Sale, conversion, retirement of capital stock, net
$510Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.10%Yield on earning assets
0.82%Cost of funding earning assets
5.28%Net interest margin
1.36%Noninterest income to earning assets
4.30%Noninterest expense to earning assets
1.34%Net operating income to assets
1.34%Return on assets (ROA)
2.08%Pretax return on assets
10.51%Return on equity (ROE)
5.06%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
55.56%Credit loss provision to net charge-offs
57.00%Efficiency ratio
64,653Assets per employee
2.97%Cash dividends to net income (YTD only)
Condition Ratios (%)
51.83%Loss allowance to loans
1.94%Loss allowance to noncurrent loans
46.96%Noncurrent assets plus other real estate owned to assets
6.25%Noncurrent loans to loans
4.13%Net loans and leases to deposits
74.96%Net loans and leases to core deposits
77.68%Equity capital to assets
13.07%Core capital (leverage) ratio
12.71%Tier 1 risk-based capital ratio
17.14%Total risk-based capital ratio
Memoranda
$18Average assets
$73,264Average earning assets
$9,362Average equity
$65,530Average loans
List of branches
1 Georgia Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
13403
Peoples State Bank & Trust
72 East Parker Street, Baxley, GA 31513
July 01, 1966
Full Service Brick and Mortar
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 Peoples State Bank & Trust.
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.
Comment about this bank, ask questions, or add new information about it: