Wayne National Bank in Jesup, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 12, 2001

Wayne National Bank in Jesup, Georgia (GA)
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Wayne National Bank - Overview

General
FDIC Certificate #: 33147
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Branch Banking and Trust Company (#9846)
Federal Reserve ID: 1474279
Date Established: September 26, 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)
OTS Docket #: 15736
FDIC's unique #: 46383
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: September 26, 1990
Last Structure Change Effective Date: May 12, 2001
Last Structure Change Process Date: June 26, 2001
Last Data Update: June 26, 2001
Data Source Date: April 05, 2012
Location
Address: 818 South First Street, Jesup, GA 31545
County: Wayne
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Albany Ga
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Core Based Statistical Area (CBSA): Jesup, GA (#27700)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $57.6 mil

1992 - 1999 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, 2000)

Dollar figures in thousands
21Total employees (full-time equivalent)
$58,038Total assets
$1,621Cash and due from depository institutions
$18Interest-bearing balances
$7,744Securities
$2,210Federal funds sold & reverse repurchase agreements
$45,031Net loans & leases
$957Loan loss allowance
$0Trading account assets
$717Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$715All other assets
$58,038Total liabilities and capital
$50,272Total liabilities
$44,428Total deposits
$36,109Interest-bearing deposits
$44,428Deposits held in domestic offices
0.00%% insured (estimated)
$5,000Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$844All other liabilities
$7,766Total equity capital
$7,766Total bank equity capital
$7,766Perpetual preferred stock
$0Common stock
$1,650Surplus
$1,650Undivided profits
Memoranda
$4,466Noncurrent loans and leases
$4,236Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$197Earning assets
$0Long-term assets (5+ years)
$474Average Assets, year-to-date
$55,003Average Assets, quarterly
$16,403Volatile liabilities
$55,642Insider loans
$57,956FHLB advances
$11,597Loans and leases held for sale
$1,016Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,236Total unused commitments
$0Restructured Loans and leases
$589Derivatives

Income and Expense (December 31, 2000)

Dollar figures in thousands
$5,291Total interest income
$2,016Total interest expense
$3,275Net interest income
$513Provision for loan and lease losses
$648Total noninterest income
$0Fiduciary activities
$474Service charges on deposit accounts
$0Trading account gains & fees
$174Additional noninterest income
$2,204Total noninterest expense
$1,220Salaries and employee benefits
$209Premises and equipment expense
$775Additional noninterest expense
$1,206Pre-tax net operating income
$0Securities gains (losses)
$320Applicable income taxes
$886Income before extraordinary items
$0Extraordinary gains - net
$886Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$68Sale, conversion, retirement of capital stock, net
$248Net operating income

Performance and Condition Ratios (December 31, 2000)

Dollar figures in thousands
Performance Ratios (%, annualized)
10.18%Yield on earning assets
3.88%Cost of funding earning assets
6.30%Net interest margin
1.25%Noninterest income to earning assets
4.24%Noninterest expense to earning assets
1.59%Net operating income to assets
1.59%Return on assets (ROA)
2.17%Pretax return on assets
12.26%Return on equity (ROE)
8.83%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
754.41%Credit loss provision to net charge-offs
25.28%Efficiency ratio
56,181Assets per employee
2.76%Cash dividends to net income (YTD only)
Condition Ratios (%)
27.99%Loss allowance to loans
2.08%Loss allowance to noncurrent loans
485.79%Noncurrent assets plus other real estate owned to assets
0.34%Noncurrent loans to loans
0.43%Net loans and leases to deposits
101.36%Net loans and leases to core deposits
119.03%Equity capital to assets
13.38%Core capital (leverage) ratio
12.85%Tier 1 risk-based capital ratio
16.32%Total risk-based capital ratio
Memoranda
$18Average assets
$55,642Average earning assets
$7,227Average equity
$51,995Average loans

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