Alma Exchange Bank & Trust in Alma, Georgia (GA)



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Alma Exchange Bank & Trust routing number info

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Alma Exchange Bank & Trust
GeneralFDIC Certificate #: 15699
Status: Active
Federal Reserve ID: 6039
Bank Holding Company (Regulatory Top Holder): South Banking Company (RSSDID: 1081622, Location: Alma, GA)
Date Established: October 01, 1939
WWW: http://www.aebalma.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 14102
FDIC's unique #: 9967
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: November 16, 1939
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 501 West 12th Street, Alma, GA 31510
County: Bacon
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Savannah
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
History of ChangesChange in Geographic Region/Area/Territory/Field Office
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $89.4 mil
Equity capital: $8.7 mil
Deposits held in domestic offices: $80.4 mil
Return on assets (ROA): 0.05% ($0.0 mil)
Quarterly return on assets: -0.93% (-$0.8 mil)
Return on Equity (ROE): 0.44% ($0.0 mil)
Quarterly return on equity: -9.19% (-$0.8 mil)
Net income: $0.0 mil
Quarterly Net income: -$0.2 mil
Pretax return on assets: 0.00% ($0.0 mil)
Quarterly Pretax return on assets: -1.65% (-$1,475.9 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)24
Total assets$89,447
Cash and due from depository institutions$27,253
Interest-bearing balances$23,765
Securities$3,730
Federal funds sold & reverse repurchase agreements$600
Net loans & leases$50,986
Loan loss allowance $1,146
Trading account assets$0
Bank premises and fixed assets$1,393
Other real estate owned$2,858
Goodwill and other intangibles$0
All other assets$2,627
Life insurance assets$89,447
Total liabilities and capital$80,717
Total liabilities$80,415
Total deposits$58,307
Interest-bearing deposits$80,415
Deposits held in domestic offices$87
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $302
All other liabilities $8,730
Total equity capital$8,730
Total bank equity capital$8,730
Perpetual preferred stock$0
Common stock$469
Surplus$5,600
Undivided profits $2,661
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $6,054
Earning assets $0
Long-term assets (5+ years) $521
Average Assets, year-to-date $79,081
Average Assets, quarterly $8,932
Volatile liabilities $84,725
Insider loans $87,317
FHLB advances $58,514
Loans and leases held for sale $86,428
Unused loan commitments $263
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $8,704
Total risk weighted assets $263
Total unused commitments $0
Restructured Loans and leases $4,395
Derivatives$641
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,464
Total interest expense $658
Net interest income $2,806
Provision for loan and lease losses $175
Total noninterest income $331
Fiduciary activities $0
Service charges on deposit accounts $512
Trading account gains & fees $0
Additional noninterest income -$181
Total noninterest expense $2,958
Salaries and employee benefits $1,503
Premises and equipment expense $393
Additional noninterest expense $1,062
Pre-tax net operating income $4
Securities gains (losses) -$2
Applicable income taxes -$37
Income before extraordinary items $39
Extraordinary gains - net $0
Net income attributable to bank $39
Net charge-offs $0
Cash dividends $39
Sale, conversion, retirement of capital stock, net $247
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.62%
Cost of funding earning assets 0.88%
Net interest margin 3.74%
Noninterest income to earning assets 0.44%
Noninterest expense to earning assets 3.94%
Net operating income to assets 0.05%
Return on assets (ROA) 0.05%
Pretax return on assets 0.00%
Return on equity (ROE) 0.44%
Retained earnings to average equity (YTD only) 0.44%
Net charge-offs to loans 0.45%
Credit loss provision to net charge-offs 70.85%
Efficiency ratio0.72%
Assets per employee$94,294
Cash dividends to net income (YTD only)3.73%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.20%
Noncurrent assets plus other real estate owned to assets 18.93%
Noncurrent loans to loans 9.96%
Net loans and leases to deposits11.61%
Net loans and leases to core deposits 63.40%
Equity capital to assets 65.97%
Core capital (leverage) ratio 9.76%
Tier 1 risk-based capital ratio 10.07%
Total risk-based capital ratio 14.88%
Memoranda
Average assets$16
Average earning assets$84,725
Average equity $8,810
Average loans $75,048
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2 Georgia Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
09967Alma Exchange Bank & Trust501 West 12th Street, Alma, GA 31510October 01, 1939Full Service Brick and Mortar
1235047Drive-In BranchU.S. Highway 1 And 18th Street, Alma, GA 31510April 27, 1966Limited Service Facility
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