Stephens Federal Bank in Toccoa, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Stephens Federal Bank in Toccoa, Georgia (GA)
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Stephens Federal Bank - Overview

  • General
  • FDIC Certificate #: 29511
    Status: Active
    Federal Reserve ID: 506276
    Date Established: January 01, 1933
    WWW: http://www.stephensfederalbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 3576
    FDIC's unique #: 42345
    Numeric code: 34
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: October 14, 1935
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 2859 Hwy 17a, Toccoa, GA 30577
    County: Stephens
    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
    Core Based Statistical Area (CBSA): Toccoa, GA (#45740)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $185.2 mil
    Equity capital: $8.1 mil
    Deposits held in domestic offices: $171.4 mil
    Return on assets (ROA): -4.00% (-$7.4 mil)
    Quarterly return on assets: -5.08% (-$9.4 mil)
    Return on Equity (ROE): -59.54% (-$4.8 mil)
    Quarterly return on equity: -100.66% (-$8.1 mil)
    Net income: -$7.9 mil
    Quarterly Net income: -$2.4 mil
    Pretax return on assets: -3.60% (-$6,666.8 mil)
    Quarterly Pretax return on assets: -3.42% (-$6,333.4 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
  • 46Total employees (full-time equivalent)
  • $185,188Total assets
  • $17,486Cash and due from depository institutions
  • $15,402Interest-bearing balances
  • $4,108Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $140,224Net loans & leases
  • $3,544Loan loss allowance
  • $0Trading account assets
  • $6,204Bank premises and fixed assets
  • $14,313Other real estate owned
  • $1,096Goodwill and other intangibles
  • $185,188Life insurance assets
  • $1,757All other assets
  • $177,046Total liabilities and capital
  • $171,448Total liabilities
  • $164,167Total deposits
  • $171,448Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $598Subordinated debt
  • $8,142All other liabilities
  • $8,142Total equity capital
  • $8,142Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $8,142Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,744Income earned, not collected on loans
  • $0Earning assets
  • $555Long-term assets (5+ years)
  • $159,734Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $196,745Volatile liabilities
  • $187,760Insider loans
  • $134,670FHLB advances
  • $185,199Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,614Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,149Restructured Loans and leases
  • $1,693Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,146Total interest income
  • $2,072Total interest expense
  • $6,074Net interest income
  • $5,511Provision for loan and lease losses
  • -$1,385Total noninterest income
  • $0Fiduciary activities
  • $547Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$1,932Additional noninterest income
  • $6,299Total noninterest expense
  • $3,096Salaries and employee benefits
  • $1,230Premises and equipment expense
  • $1,973Additional noninterest expense
  • -$7,121Pre-tax net operating income
  • $35Securities gains (losses)
  • $780Applicable income taxes
  • -$7,866Income before extraordinary items
  • $0Extraordinary gains - net
  • -$7,866Net income attributable to bank
  • $0Net charge-offs
  • -$7,866Cash dividends
  • $2,510Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.75%Yield on earning assets
  • 1.21%Cost of funding earning assets
  • 3.54%Net interest margin
  • -0.81%Noninterest income to earning assets
  • 3.67%Noninterest expense to earning assets
  • -4.02%Net operating income to assets
  • -4.00%Return on assets (ROA)
  • -3.60%Pretax return on assets
  • -59.54%Return on equity (ROE)
  • -59.54%Retained earnings to average equity (YTD only)
  • 1.60%Net charge-offs to loans
  • 219.56%Credit loss provision to net charge-offs
  • -0.64%Efficiency ratio
  • 133,717Assets per employee
  • 4.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.47%Loss allowance to noncurrent loans
  • 61.70%Noncurrent assets plus other real estate owned to assets
  • 10.59%Noncurrent loans to loans
  • 4.00%Net loans and leases to deposits
  • 81.79%Net loans and leases to core deposits
  • 87.92%Equity capital to assets
  • 4.40%Core capital (leverage) ratio
  • 4.65%Tier 1 risk-based capital ratio
  • 6.40%Total risk-based capital ratio
  • Memoranda
  • $7Average assets
  • $196,745Average earning assets
  • $13,211Average equity
  • $171,444Average loans

List of branches

  • 4 Georgia Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    042345Stephens Federal Bank2859 Hwy 17a, Toccoa, GA 30577January 01, 1933Full Service Brick and Mortar
    1275293Clayton Branch221 Hwy 76 East, Clayton, GA 30525January 01, 1933Full Service Brick and Mortar
    2275294Hiawassee Branch89 Franks Street, Hiawassee, GA 30546Febuary 17, 1998Full Service Brick and Mortar
    4294961Toccoa Branch12 East Doyle Street, Toccoa, GA 30577April 24, 2000Full Service Brick and Mortar

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