United Bank in Barnesville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 21, 1997

United Bank in Barnesville, Georgia (GA)
Show street view No street view available for this location

United Bank - Overview

General
FDIC Certificate #: 20701
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: United Bank (#172)
Federal Reserve ID: 1010033
Date Established: June 01, 1972
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
OTS Docket #: 10006
FDIC's unique #: 14295
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: June 01, 1972
Last Structure Change Effective Date: January 21, 1997
Last Structure Change Process Date: March 18, 1997
Last Data Update: March 18, 1997
Data Source Date: April 05, 2012
Location
Address: Thomaston Street, Barnesville, GA 30204
County: Lamar
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
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: $79.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$35Total assets
$79,898Cash and due from depository institutions
$6,589Interest-bearing balances
$2,657Securities
$18,365Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$52,220Loan loss allowance
$930Trading account assets
$0Bank premises and fixed assets
$1,615Other real estate owned
$0Goodwill and other intangibles
$1,109Life insurance assets
$0All other assets
$0Total liabilities and capital
$79,898Total liabilities
$70,870Total deposits
$67,772Interest-bearing deposits
$62,507Deposits held in domestic offices
67772.00%% insured (estimated)
$88Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$2,077Subordinated debt
$0All other liabilities
$1,021Total equity capital
$1,021Total bank equity capital
$9,028Perpetual preferred stock
$0Common stock
$596Surplus
$2,404Undivided profits
Memoranda
$6,028Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$445Income earned, not collected on loans
$548Earning assets
$73,242Long-term assets (5+ years)
$1,666Average Assets, year-to-date
$75,111Average Assets, quarterly
$77,882Volatile liabilities
$8,844Insider loans
$232FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$10,572Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$9,113Total risk weighted assets
$50,652Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$7,046Total interest expense
$2,994Net interest income
$4,052Provision for loan and lease losses
$179Total noninterest income
$835Fiduciary activities
$0Service charges on deposit accounts
$602Trading account gains & fees
$0Additional noninterest income
$233Total noninterest expense
$2,426Salaries and employee benefits
$1,081Premises and equipment expense
$343Additional noninterest expense
$1,002Pre-tax net operating income
$2,282Securities gains (losses)
$0Applicable income taxes
$778Income before extraordinary items
$1,504Extraordinary gains - net
$0Net income attributable to bank
$1,504Net charge-offs
$94Cash dividends
$600Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
10.22%Cost of funding earning assets
4.34%Net interest margin
5.88%Noninterest income to earning assets
1.21%Noninterest expense to earning assets
3.52%Net operating income to assets
2.00%Return on assets (ROA)
2.00%Pretax return on assets
3.04%Return on equity (ROE)
17.23%Retained earnings to average equity (YTD only)
10.36%Net charge-offs to loans
0.19%Credit loss provision to net charge-offs
190.43%Efficiency ratio
49,642Assets per employee
2.28%Cash dividends to net income (YTD only)
Condition Ratios (%)
39.89%Loss allowance to loans
1.75%Loss allowance to noncurrent loans
208.99%Noncurrent assets plus other real estate owned to assets
0.56%Noncurrent loans to loans
0.84%Net loans and leases to deposits
77.05%Net loans and leases to core deposits
87.76%Equity capital to assets
11.30%Core capital (leverage) ratio
11.75%Tier 1 risk-based capital ratio
17.99%Total risk-based capital ratio
Memoranda
$19Average assets
$75,111Average earning assets
$8,729Average equity
$68,940Average 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 United 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.