United Community Bank White County in Cleveland, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 01, 2002

  • United Community Bank White County in Cleveland, Georgia (GA)
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United Community Bank White County - Overview

  • General
  • FDIC Certificate #: 22357
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United Community Bank (#16889)
    Federal Reserve ID: 277138
    Date Established: October 29, 1976
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 14745
    FDIC's unique #: 15564
    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: October 29, 1976
    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: 153 East Kytle Street, Cleveland, GA 30528
    County: White
    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: $205.2 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
  • 56Total employees (full-time equivalent)
  • $204,663Total assets
  • $9,901Cash and due from depository institutions
  • $374Interest-bearing balances
  • $46,387Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $138,904Net loans & leases
  • $1,818Loan loss allowance
  • $0Trading account assets
  • $2,913Bank premises and fixed assets
  • $20Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $6,538All other assets
  • $204,663Total liabilities and capital
  • $186,697Total liabilities
  • $151,293Total deposits
  • $135,818Interest-bearing deposits
  • $151,293Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $9,391Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $24,375Other borrowed funds
  • $0Subordinated debt
  • $1,638All other liabilities
  • $17,966Total equity capital
  • $17,966Total bank equity capital
  • $17,966Perpetual preferred stock
  • $0Common stock
  • $1,476Surplus
  • $11,125Undivided profits
  • Memoranda
  • $5,365Noncurrent loans and leases
  • $11,480Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $490Earning assets
  • $0Long-term assets (5+ years)
  • $1,740Average Assets, year-to-date
  • $185,665Average Assets, quarterly
  • $20,155Volatile liabilities
  • $207,976Insider loans
  • $204,510FHLB advances
  • $43,042Loans and leases held for sale
  • $5,117Unused loan commitments
  • $24,375Tier 1 (core) risk-based capital
  • $22,000Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $11,480Total unused commitments
  • $0Restructured Loans and leases
  • $1,771Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $16,640Total interest income
  • $8,252Total interest expense
  • $8,388Net interest income
  • $381Provision for loan and lease losses
  • $1,072Total noninterest income
  • $0Fiduciary activities
  • $559Service charges on deposit accounts
  • $0Trading account gains & fees
  • $513Additional noninterest income
  • $5,516Total noninterest expense
  • $2,598Salaries and employee benefits
  • $490Premises and equipment expense
  • $2,428Additional noninterest expense
  • $3,563Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,173Applicable income taxes
  • $2,390Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,390Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $282Sale, conversion, retirement of capital stock, net
  • $990Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.61%Yield on earning assets
  • 4.27%Cost of funding earning assets
  • 4.34%Net interest margin
  • 0.55%Noninterest income to earning assets
  • 2.85%Noninterest expense to earning assets
  • 1.15%Net operating income to assets
  • 1.15%Return on assets (ROA)
  • 1.71%Pretax return on assets
  • 13.88%Return on equity (ROE)
  • 8.13%Retained earnings to average equity (YTD only)
  • 0.20%Net charge-offs to loans
  • 135.11%Credit loss provision to net charge-offs
  • 13.99%Efficiency ratio
  • 58,309Assets per employee
  • 3.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 41.42%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 371.02%Noncurrent assets plus other real estate owned to assets
  • 0.25%Noncurrent loans to loans
  • 0.35%Net loans and leases to deposits
  • 91.81%Net loans and leases to core deposits
  • 115.02%Equity capital to assets
  • 8.78%Core capital (leverage) ratio
  • 8.43%Tier 1 risk-based capital ratio
  • 12.21%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $207,976Average earning assets
  • $17,214Average equity
  • $193,209Average loans

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