FDIC Certificate #: 57256 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:State Bank and Trust Company (#57870) Federal Reserve ID: 3128914 Date Established: July 22, 2002 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 360191 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: July 22, 2002 Last Structure Change Effective Date: October 14, 2011 Last Structure Change Process Date: October 17, 2011 Last Data Update: October 17, 2011 Data Source Date: April 05, 2012
Location
Address: 110 Highway 18 Connector, Gray, GA 31032 County: Jones Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Albany Ga 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: $199.0 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2010)
Dollar figures in thousands
25Total employees (full-time equivalent)
$219,265Total assets
$4,831Cash and due from depository institutions
$2,111Interest-bearing balances
$30,788Securities
$0Federal funds sold & reverse repurchase agreements
$140,759Net loans & leases
$5,333Loan loss allowance
$0Trading account assets
$6,132Bank premises and fixed assets
$29,972Other real estate owned
$0Goodwill and other intangibles
$4,013Life insurance assets
$6,783All other assets
$219,265Total liabilities and capital
$209,910Total liabilities
$191,333Total deposits
$186,533Interest-bearing deposits
$191,333Deposits held in domestic offices
97.62%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$17,900Other borrowed funds
$0Subordinated debt
$677All other liabilities
$9,355Total equity capital
$9,355Total bank equity capital
$9,355Perpetual preferred stock
$0Common stock
$6,795Surplus
$13,264Undivided profits
Memoranda
$-10,704Noncurrent loans and leases
$5,764Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$28,893Earning assets
$0Long-term assets (5+ years)
$1,269Average Assets, year-to-date
$173,658Average Assets, quarterly
$34,381Volatile liabilities
$231,717Insider loans
$220,306FHLB advances
$39,730Loans and leases held for sale
$2,638Unused loan commitments
$17,900Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,764Total unused commitments
$2,187Restructured Loans and leases
$2,254Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$8,516Total interest income
$4,803Total interest expense
$3,713Net interest income
$3,760Provision for loan and lease losses
$672Total noninterest income
$0Fiduciary activities
$238Service charges on deposit accounts
$0Trading account gains & fees
$434Additional noninterest income
$6,734Total noninterest expense
$1,652Salaries and employee benefits
$426Premises and equipment expense
$4,656Additional noninterest expense
-$6,109Pre-tax net operating income
$475Securities gains (losses)
$655Applicable income taxes
-$6,289Income before extraordinary items
$0Extraordinary gains - net
-$6,289Net income attributable to bank
$0Net charge-offs
-$6,289Cash dividends
$2,783Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.44%Yield on earning assets
2.50%Cost of funding earning assets
1.93%Net interest margin
0.35%Noninterest income to earning assets
3.51%Noninterest expense to earning assets
-2.92%Net operating income to assets
-2.71%Return on assets (ROA)
-2.43%Pretax return on assets
-49.12%Return on equity (ROE)
-49.12%Retained earnings to average equity (YTD only)
1.77%Net charge-offs to loans
135.11%Credit loss provision to net charge-offs
-0.84%Efficiency ratio
153,569Assets per employee
8.77%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.65%Loss allowance to noncurrent loans
18.46%Noncurrent assets plus other real estate owned to assets
26.85%Noncurrent loans to loans
19.78%Net loans and leases to deposits
73.57%Net loans and leases to core deposits
92.85%Equity capital to assets
4.27%Core capital (leverage) ratio
4.23%Tier 1 risk-based capital ratio
5.25%Total risk-based capital ratio
Memoranda
$7Average assets
$231,717Average earning assets
$12,804Average equity
$191,918Average 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 Piedmont Community 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.
Comment about this bank, ask questions, or add new information about it: