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

This bank is inactive as of June 13, 1996

The First National Bank of Jackson County in Jefferson, Georgia (GA)
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The First National Bank of Jackson County - Overview

General
FDIC Certificate #: 2134
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Regions Bank (#26976)
Federal Reserve ID: 508935
Date Established: January 01, 1908
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Interstate: No)
FDIC's unique #: 1408
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: January 01, 1934
Last Structure Change Effective Date: June 13, 1996
Last Structure Change Process Date: July 08, 1996
Last Data Update: July 08, 1996
Data Source Date: April 05, 2012
Location
Address: 121 Lee Street, Jefferson, GA 30549
County: Jackson
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: $60.7 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)
$34Total assets
$60,379Cash and due from depository institutions
$1,136Interest-bearing balances
$199Securities
$9,615Federal funds sold & reverse repurchase agreements
$2,891Net loans & leases
$44,956Loan loss allowance
$889Trading account assets
$0Bank premises and fixed assets
$923Other real estate owned
$0Goodwill and other intangibles
$858Life insurance assets
$0All other assets
$0Total liabilities and capital
$60,379Total liabilities
$54,815Total deposits
$54,488Interest-bearing deposits
$43,973Deposits held in domestic offices
54488.00%% insured (estimated)
$90Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$327Total equity capital
$327Total bank equity capital
$5,564Perpetual preferred stock
$0Common stock
$500Surplus
$500Undivided profits
Memoranda
$4,564Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$567Income earned, not collected on loans
$457Earning assets
$57,661Long-term assets (5+ years)
$5,406Average Assets, year-to-date
$59,632Average Assets, quarterly
$59,608Volatile liabilities
$8,059Insider loans
$1,444FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$5,243Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,533Total risk weighted assets
$45,664Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$5,310Total interest expense
$1,990Net interest income
$3,320Provision for loan and lease losses
$384Total noninterest income
$553Fiduciary activities
$0Service charges on deposit accounts
$390Trading account gains & fees
$0Additional noninterest income
$163Total noninterest expense
$2,469Salaries and employee benefits
$1,199Premises and equipment expense
$256Additional noninterest expense
$1,014Pre-tax net operating income
$1,020Securities gains (losses)
$12Applicable income taxes
$418Income before extraordinary items
$614Extraordinary gains - net
$0Net income attributable to bank
$614Net charge-offs
$101Cash dividends
$353Sale, 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
9.33%Cost of funding earning assets
3.50%Net interest margin
5.83%Noninterest income to earning assets
0.97%Noninterest expense to earning assets
4.34%Net operating income to assets
1.02%Return on assets (ROA)
1.03%Pretax return on assets
1.73%Return on equity (ROE)
11.28%Retained earnings to average equity (YTD only)
4.79%Net charge-offs to loans
0.24%Credit loss provision to net charge-offs
380.20%Efficiency ratio
63,749Assets per employee
1.78%Cash dividends to net income (YTD only)
Condition Ratios (%)
57.49%Loss allowance to loans
1.94%Loss allowance to noncurrent loans
156.79%Noncurrent assets plus other real estate owned to assets
0.94%Noncurrent loans to loans
1.24%Net loans and leases to deposits
82.51%Net loans and leases to core deposits
96.83%Equity capital to assets
9.22%Core capital (leverage) ratio
9.11%Tier 1 risk-based capital ratio
12.12%Total risk-based capital ratio
Memoranda
$13Average assets
$59,632Average earning assets
$5,445Average equity
$56,930Average loans

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