The Central Bank in Swainsboro, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 02, 1994

The Central Bank in Swainsboro, Georgia (GA)
Show street view No street view available for this location

The Central Bank - Overview

General
FDIC Certificate #: 890
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Liberty Bank (#29568)
Federal Reserve ID: 431435
Date Established: November 09, 1920
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 568
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: January 01, 1934
Last Structure Change Effective Date: December 02, 1994
Last Structure Change Process Date: December 15, 1994
Last Data Update: December 15, 1994
Data Source Date: April 05, 2012
Location
Address: 205 South Main Street, Swainsboro, GA 30401
County: Emanuel
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
Financial Summary
Total assets: $57.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$22Total assets
$58,655Cash and due from depository institutions
$2,054Interest-bearing balances
$250Securities
$25,184Federal funds sold & reverse repurchase agreements
$8,100Net loans & leases
$22,125Loan loss allowance
$440Trading account assets
$0Bank premises and fixed assets
$85Other real estate owned
$93Goodwill and other intangibles
$667Life insurance assets
$347All other assets
$0Total liabilities and capital
$58,655Total liabilities
$54,013Total deposits
$53,499Interest-bearing deposits
$49,424Deposits held in domestic offices
53499.00%% insured (estimated)
$94Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$316Subordinated debt
$0All other liabilities
$198Total equity capital
$198Total bank equity capital
$4,642Perpetual preferred stock
$0Common stock
$200Surplus
$1,800Undivided profits
Memoranda
$2,642Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$476Income earned, not collected on loans
$317Earning assets
$55,659Long-term assets (5+ years)
$8,239Average Assets, year-to-date
$58,444Average Assets, quarterly
$58,447Volatile liabilities
$4,526Insider loans
$138FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$937Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,295Total risk weighted assets
$23,591Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$4,064Total interest expense
$2,032Net interest income
$2,032Provision for loan and lease losses
$293Total noninterest income
$370Fiduciary activities
$0Service charges on deposit accounts
$305Trading account gains & fees
$0Additional noninterest income
$65Total noninterest expense
$1,519Salaries and employee benefits
$662Premises and equipment expense
$319Additional noninterest expense
$538Pre-tax net operating income
$590Securities gains (losses)
$145Applicable income taxes
$233Income before extraordinary items
$502Extraordinary gains - net
$0Net income attributable to bank
$502Net charge-offs
$87Cash dividends
$100Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.48%Cost of funding earning assets
3.74%Net interest margin
3.74%Noninterest income to earning assets
0.68%Noninterest expense to earning assets
2.79%Net operating income to assets
0.69%Return on assets (ROA)
0.86%Pretax return on assets
1.26%Return on equity (ROE)
11.05%Retained earnings to average equity (YTD only)
8.85%Net charge-offs to loans
0.38%Credit loss provision to net charge-offs
336.78%Efficiency ratio
61,490Assets per employee
2.67%Cash dividends to net income (YTD only)
Condition Ratios (%)
19.92%Loss allowance to loans
1.95%Loss allowance to noncurrent loans
92.44%Noncurrent assets plus other real estate owned to assets
0.97%Noncurrent loans to loans
2.11%Net loans and leases to deposits
41.36%Net loans and leases to core deposits
44.89%Equity capital to assets
7.91%Core capital (leverage) ratio
7.38%Tier 1 risk-based capital ratio
18.21%Total risk-based capital ratio
Memoranda
$19Average assets
$58,444Average earning assets
$4,544Average equity
$54,358Average 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 The Central 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.