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

This bank is inactive as of August 09, 1997

Regions Bank of Georgia in Columbus, Georgia (GA)
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Regions Bank of Georgia - Overview

General
FDIC Certificate #: 33473
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Regions Bank (#12368)
Federal Reserve ID: 1875250
Date Established: July 26, 1991
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
FDIC's unique #: 47179
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
SAIF Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: July 26, 1991
Last Structure Change Effective Date: August 09, 1997
Last Structure Change Process Date: September 30, 1997
Last Data Update: September 30, 1997
Data Source Date: April 05, 2012
Location
Address: 201 13th Street, Columbus, GA 31901
County: Muscogee
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): Columbus, GA-AL (#1800)
Combined Statistical Area (CSA): Columbus-Auburn-Opelika, GA-AL (#194)
Core Based Statistical Area (CBSA): Columbus, GA-AL (#17980)
CBSA Metro Statistical Area: Columbus, GA-AL (#17980)
Financial Summary
Total assets: $116.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$36Total assets
$113,705Cash and due from depository institutions
$3,446Interest-bearing balances
$0Securities
$63,875Federal funds sold & reverse repurchase agreements
$8,800Net loans & leases
$33,168Loan loss allowance
$767Trading account assets
$0Bank premises and fixed assets
$1,964Other real estate owned
$0Goodwill and other intangibles
$2,452Life insurance assets
$0All other assets
$0Total liabilities and capital
$113,705Total liabilities
$100,261Total deposits
$99,212Interest-bearing deposits
$80,479Deposits held in domestic offices
99212.00%% insured (estimated)
$83Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,049Total equity capital
$1,049Total bank equity capital
$13,444Perpetual preferred stock
$0Common stock
$3,000Surplus
$3,340Undivided profits
Memoranda
$7,104Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$45Income earned, not collected on loans
$313Earning assets
$105,843Long-term assets (5+ years)
$1,840Average Assets, year-to-date
$112,271Average Assets, quarterly
$113,932Volatile liabilities
$5,598Insider loans
$548FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$8,899Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$13,444Total risk weighted assets
$48,259Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$8,897Total interest expense
$3,931Net interest income
$4,966Provision for loan and lease losses
$27Total noninterest income
$431Fiduciary activities
$0Service charges on deposit accounts
$325Trading account gains & fees
$0Additional noninterest income
$106Total noninterest expense
$3,576Salaries and employee benefits
$1,194Premises and equipment expense
$466Additional noninterest expense
$1,916Pre-tax net operating income
$1,794Securities gains (losses)
$0Applicable income taxes
$540Income before extraordinary items
$1,254Extraordinary gains - net
$0Net income attributable to bank
$1,254Net charge-offs
$40Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.51%Cost of funding earning assets
3.76%Net interest margin
4.75%Noninterest income to earning assets
0.41%Noninterest expense to earning assets
3.42%Net operating income to assets
1.12%Return on assets (ROA)
1.12%Pretax return on assets
1.60%Return on equity (ROE)
9.78%Retained earnings to average equity (YTD only)
9.78%Net charge-offs to loans
0.13%Credit loss provision to net charge-offs
67.50%Efficiency ratio
66,259Assets per employee
3.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.26%Loss allowance to noncurrent loans
1704.44%Noncurrent assets plus other real estate owned to assets
0.04%Noncurrent loans to loans
0.13%Net loans and leases to deposits
33.43%Net loans and leases to core deposits
35.43%Equity capital to assets
11.82%Core capital (leverage) ratio
12.06%Tier 1 risk-based capital ratio
27.86%Total risk-based capital ratio
Memoranda
$29Average assets
$112,271Average earning assets
$12,819Average equity
$104,523Average loans

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