Regions Bank in city_name, state_name - Detailed Financial Reports, Location

Regions Bank in Gainesville, Georgia (GA)
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Regions Bank - Overview

General
FDIC Certificate #: 26976
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Regions Bank (#12368)
Federal Reserve ID: 1217533
Date Established: June 01, 1987
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 74 (Interstate: No)
OTS Docket #: 13296
FDIC's unique #: 36391
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: June 01, 1987
Last Structure Change Effective Date: Febuary 02, 1998
Last Structure Change Process Date: March 18, 1998
Last Data Update: March 18, 1998
Data Source Date: April 05, 2012
Location
Address: 111 Green Street, S.E., Gainesville, GA 30501
County: Hall
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
Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
Core Based Statistical Area (CBSA): Gainesville, GA (#23580)
CBSA Metro Statistical Area: Gainesville, GA (#23580)
Financial Summary
Total assets: $3,521.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
1,307Total employees (full-time equivalent)
$3,521,230Total assets
$103,353Cash and due from depository institutions
$3,434Interest-bearing balances
$625,637Securities
$106,900Federal funds sold & reverse repurchase agreements
$2,573,526Net loans & leases
$39,308Loan loss allowance
$0Trading account assets
$58,113Bank premises and fixed assets
$1,669Other real estate owned
$6,855Goodwill and other intangibles
$0Life insurance assets
$45,177All other assets
$3,521,230Total liabilities and capital
$3,147,145Total liabilities
$3,073,776Total deposits
$2,606,406Interest-bearing deposits
$3,073,776Deposits held in domestic offices
0.00%% insured (estimated)
$1,033Federal funds purchased & repurchase agreements
$0Trading liabilities
$48,779Other borrowed funds
$0Subordinated debt
$23,557All other liabilities
$374,085Total equity capital
$374,085Total bank equity capital
$374,085Perpetual preferred stock
$0Common stock
$3,004Surplus
$134,499Undivided profits
Memoranda
$236,582Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$24,850Earning assets
$0Long-term assets (5+ years)
$19,415Average Assets, year-to-date
$3,309,497Average Assets, quarterly
$574,689Volatile liabilities
$3,403,996Insider loans
$3,481,780FHLB advances
$484,603Loans and leases held for sale
$331Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$555,404Total unused commitments
$0Restructured Loans and leases
$2,820,627Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$290,891Total interest income
$126,461Total interest expense
$164,430Net interest income
$8,206Provision for loan and lease losses
$19,892Total noninterest income
$2,986Fiduciary activities
$13,005Service charges on deposit accounts
$0Trading account gains & fees
$3,901Additional noninterest income
$98,168Total noninterest expense
$47,513Salaries and employee benefits
$11,716Premises and equipment expense
$38,939Additional noninterest expense
$77,948Pre-tax net operating income
$37Securities gains (losses)
$26,419Applicable income taxes
$51,566Income before extraordinary items
$0Extraordinary gains - net
$51,566Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$6,433Sale, conversion, retirement of capital stock, net
$20,000Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
9.13%Yield on earning assets
3.97%Cost of funding earning assets
5.16%Net interest margin
0.62%Noninterest income to earning assets
3.08%Noninterest expense to earning assets
1.51%Net operating income to assets
1.51%Return on assets (ROA)
2.29%Pretax return on assets
14.64%Return on equity (ROE)
8.96%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
127.56%Credit loss provision to net charge-offs
13.39%Efficiency ratio
52,916Assets per employee
2.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
38.79%Loss allowance to loans
1.50%Loss allowance to noncurrent loans
158.18%Noncurrent assets plus other real estate owned to assets
0.75%Noncurrent loans to loans
0.95%Net loans and leases to deposits
83.73%Net loans and leases to core deposits
98.38%Equity capital to assets
10.62%Core capital (leverage) ratio
10.73%Tier 1 risk-based capital ratio
12.91%Total risk-based capital ratio
Memoranda
$14Average assets
$3,403,996Average earning assets
$352,254Average equity
$3,186,606Average loans

Regions Bank in Gainesville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Regions Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

Regions Bank in Gainesville, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

Regions Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

Regions Bank in Gainesville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches