FDIC Certificate #: 10066 Status: Inactive Closing history: Change in Location Acquiring institution:CB&T Bank of Middle Georgia (#25804) Federal Reserve ID: 797234 Date Established: January 01, 1907 WWW:http://www.cbfv.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 6435 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: January 01, 1934 Last Structure Change Effective Date: January 12, 2007 Last Structure Change Process Date: January 23, 2007 Last Data Update: January 23, 2007 Data Source Date: April 05, 2012
Location
Address: 302 Vineville Street, Fort Valley, GA 31030 County: Peach 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): Fort Valley, GA (#22980) CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Change in Location
Financial Summary
Total assets: $118.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
29Total employees (full-time equivalent)
$118,568Total assets
$4,469Cash and due from depository institutions
$0Interest-bearing balances
$27,471Securities
$4,823Federal funds sold & reverse repurchase agreements
$75,844Net loans & leases
$1,330Loan loss allowance
$0Trading account assets
$1,374Bank premises and fixed assets
$1,090Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,497All other assets
$118,568Total liabilities and capital
$109,970Total liabilities
$108,013Total deposits
$93,385Interest-bearing deposits
$108,013Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,957All other liabilities
$8,598Total equity capital
$8,598Total bank equity capital
$8,598Perpetual preferred stock
$0Common stock
$462Surplus
$3,606Undivided profits
Memoranda
$4,530Noncurrent loans and leases
$35,705Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$283Earning assets
$0Long-term assets (5+ years)
$1,504Average Assets, year-to-date
$108,138Average Assets, quarterly
$5,777Volatile liabilities
$115,683Insider loans
$116,017FHLB advances
$22,233Loans and leases held for sale
$670Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$35,705Total unused commitments
$0Restructured Loans and leases
$1,139Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$7,654Total interest income
$2,696Total interest expense
$4,958Net interest income
$360Provision for loan and lease losses
$1,284Total noninterest income
$0Fiduciary activities
$965Service charges on deposit accounts
$0Trading account gains & fees
$319Additional noninterest income
$2,391Total noninterest expense
$1,158Salaries and employee benefits
$254Premises and equipment expense
$979Additional noninterest expense
$3,491Pre-tax net operating income
$0Securities gains (losses)
$1,265Applicable income taxes
$2,226Income before extraordinary items
$0Extraordinary gains - net
$2,226Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$187Sale, conversion, retirement of capital stock, net
$1,721Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.10%Yield on earning assets
2.50%Cost of funding earning assets
4.60%Net interest margin
1.19%Noninterest income to earning assets
2.22%Noninterest expense to earning assets
1.92%Net operating income to assets
1.92%Return on assets (ROA)
3.02%Pretax return on assets
27.19%Return on equity (ROE)
6.17%Retained earnings to average equity (YTD only)
0.24%Net charge-offs to loans
192.51%Credit loss provision to net charge-offs
20.59%Efficiency ratio
38,305Assets per employee
4.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
77.31%Loss allowance to loans
1.72%Loss allowance to noncurrent loans
469.96%Noncurrent assets plus other real estate owned to assets
1.16%Noncurrent loans to loans
0.37%Net loans and leases to deposits
70.22%Net loans and leases to core deposits
88.42%Equity capital to assets
7.25%Core capital (leverage) ratio
7.86%Tier 1 risk-based capital ratio
9.66%Total risk-based capital ratio
Memoranda
$11Average assets
$115,683Average earning assets
$8,186Average equity
$107,731Average loans
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