United Community Bank North Georgia in Blue Ridge, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 01, 2002

  • United Community Bank North Georgia in Blue Ridge, Georgia (GA)
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United Community Bank North Georgia - Overview

  • General
  • FDIC Certificate #: 26733
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United Community Bank (#16889)
    Federal Reserve ID: 9339
    Date Established: August 01, 1986
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 10906
    FDIC's unique #: 35847
    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: August 01, 1986
    Last Structure Change Effective Date: December 01, 2002
    Last Structure Change Process Date: January 15, 2003
    Last Data Update: January 15, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 4000 Appalachian Highway, Blue Ridge, GA 30513
    County: Fannin
    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: $359.8 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, 2001)

  • Dollar figures in thousands
  • 97Total employees (full-time equivalent)
  • $315,471Total assets
  • $15,889Cash and due from depository institutions
  • $311Interest-bearing balances
  • $46,975Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $235,019Net loans & leases
  • $2,998Loan loss allowance
  • $0Trading account assets
  • $6,184Bank premises and fixed assets
  • $258Other real estate owned
  • $1,204Goodwill and other intangibles
  • $0Life insurance assets
  • $9,942All other assets
  • $315,471Total liabilities and capital
  • $289,526Total liabilities
  • $237,722Total deposits
  • $215,594Interest-bearing deposits
  • $237,722Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $11,982Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $38,050Other borrowed funds
  • $0Subordinated debt
  • $1,772All other liabilities
  • $25,945Total equity capital
  • $25,945Total bank equity capital
  • $25,945Perpetual preferred stock
  • $0Common stock
  • $1,418Surplus
  • $13,700Undivided profits
  • Memoranda
  • $10,828Noncurrent loans and leases
  • $22,875Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $846Earning assets
  • $0Long-term assets (5+ years)
  • $2,640Average Assets, year-to-date
  • $282,305Average Assets, quarterly
  • $35,050Volatile liabilities
  • $297,641Insider loans
  • $305,370FHLB advances
  • $67,040Loans and leases held for sale
  • $5,340Unused loan commitments
  • $38,050Tier 1 (core) risk-based capital
  • $15,000Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $22,875Total unused commitments
  • $0Restructured Loans and leases
  • $2,859Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $24,470Total interest income
  • $11,586Total interest expense
  • $12,884Net interest income
  • $322Provision for loan and lease losses
  • $1,547Total noninterest income
  • $0Fiduciary activities
  • $1,041Service charges on deposit accounts
  • $0Trading account gains & fees
  • $506Additional noninterest income
  • $8,422Total noninterest expense
  • $3,923Salaries and employee benefits
  • $831Premises and equipment expense
  • $3,668Additional noninterest expense
  • $5,687Pre-tax net operating income
  • $1Securities gains (losses)
  • $1,888Applicable income taxes
  • $3,800Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,800Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $275Sale, conversion, retirement of capital stock, net
  • $1,400Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.99%Yield on earning assets
  • 4.26%Cost of funding earning assets
  • 4.73%Net interest margin
  • 0.57%Noninterest income to earning assets
  • 3.09%Noninterest expense to earning assets
  • 1.28%Net operating income to assets
  • 1.28%Return on assets (ROA)
  • 1.91%Pretax return on assets
  • 15.37%Return on equity (ROE)
  • 9.71%Retained earnings to average equity (YTD only)
  • 0.12%Net charge-offs to loans
  • 117.09%Credit loss provision to net charge-offs
  • 21.85%Efficiency ratio
  • 57,612Assets per employee
  • 3.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.84%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 354.37%Noncurrent assets plus other real estate owned to assets
  • 0.35%Noncurrent loans to loans
  • 0.36%Net loans and leases to deposits
  • 98.86%Net loans and leases to core deposits
  • 121.35%Equity capital to assets
  • 8.22%Core capital (leverage) ratio
  • 7.91%Tier 1 risk-based capital ratio
  • 10.55%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $297,641Average earning assets
  • $24,721Average equity
  • $272,134Average loans

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