The First National Bank of Henry County in Stockbridge, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 1996

  • The First National Bank of Henry County in Stockbridge, Georgia (GA)
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The First National Bank of Henry County - Overview

  • General
  • FDIC Certificate #: 33230
    Status: Inactive
    Closing history: Consolidated - Without Assistance
    Acquiring institution: Wachovia Bank of Georgia, National Association (#2115)
    Federal Reserve ID: 1819562
    Date Established: December 11, 1990
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 46668
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: December 11, 1990
    Last Structure Change Effective Date: April 01, 1996
    Last Structure Change Process Date: April 11, 1996
    Last Data Update: April 11, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 5490 North Henry Boulevard, Stockbridge, GA 30281
    County: Henry
    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): Atlanta, GA (#520)
    Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
    Core Based Statistical Area (CBSA): Atlanta-Sandy Springs-Marietta, GA (#12060)
    CBSA Metro Statistical Area: Atlanta-Sandy Springs-Marietta, GA (#12060)
  • Financial Summary
  • Total assets: $35.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $17Total assets
  • $34,980Cash and due from depository institutions
  • $2,700Interest-bearing balances
  • $0Securities
  • $7,131Federal funds sold & reverse repurchase agreements
  • $3,975Net loans & leases
  • $19,029Loan loss allowance
  • $190Trading account assets
  • $0Bank premises and fixed assets
  • $1,421Other real estate owned
  • $239Goodwill and other intangibles
  • $485Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $34,980Total liabilities
  • $29,150Total deposits
  • $28,939Interest-bearing deposits
  • $23,772Deposits held in domestic offices
  • 28939.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $211Total equity capital
  • $211Total bank equity capital
  • $5,830Perpetual preferred stock
  • $0Common stock
  • $2,500Surplus
  • $2,500Undivided profits
  • Memoranda
  • $830Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $138Income earned, not collected on loans
  • $335Earning assets
  • $30,135Long-term assets (5+ years)
  • $309Average Assets, year-to-date
  • $32,765Average Assets, quarterly
  • $34,499Volatile liabilities
  • $3,013Insider loans
  • $1,344FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $5,783Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,822Total risk weighted assets
  • $22,752Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,677Total interest expense
  • $1,021Net interest income
  • $1,656Provision for loan and lease losses
  • $30Total noninterest income
  • $236Fiduciary activities
  • $0Service charges on deposit accounts
  • $203Trading account gains & fees
  • $0Additional noninterest income
  • $33Total noninterest expense
  • $1,292Salaries and employee benefits
  • $589Premises and equipment expense
  • $161Additional noninterest expense
  • $542Pre-tax net operating income
  • $570Securities gains (losses)
  • -$3Applicable income taxes
  • $194Income before extraordinary items
  • $373Extraordinary gains - net
  • $0Net income attributable to bank
  • $373Net charge-offs
  • $10Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.44%Cost of funding earning assets
  • 3.60%Net interest margin
  • 5.84%Noninterest income to earning assets
  • 0.83%Noninterest expense to earning assets
  • 4.56%Net operating income to assets
  • 1.14%Return on assets (ROA)
  • 1.14%Pretax return on assets
  • 1.73%Return on equity (ROE)
  • 6.65%Retained earnings to average equity (YTD only)
  • 6.65%Net charge-offs to loans
  • 0.05%Credit loss provision to net charge-offs
  • 300.00%Efficiency ratio
  • 68,076Assets per employee
  • 2.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.99%Loss allowance to noncurrent loans
  • 137.68%Noncurrent assets plus other real estate owned to assets
  • 1.08%Noncurrent loans to loans
  • 0.72%Net loans and leases to deposits
  • 65.76%Net loans and leases to core deposits
  • 73.40%Equity capital to assets
  • 16.67%Core capital (leverage) ratio
  • 17.14%Tier 1 risk-based capital ratio
  • 25.59%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $32,765Average earning assets
  • $5,610Average equity
  • $28,346Average loans

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