Alma Exchange Bank & Trust in Alma, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Alma Exchange Bank & Trust - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Change in Geographic Region/Area/Territory/Field Office
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 24Total employees (full-time equivalent)
  • $89,447Total assets
  • $27,253Cash and due from depository institutions
  • $23,765Interest-bearing balances
  • $3,730Securities
  • $600Federal funds sold & reverse repurchase agreements
  • $50,986Net loans & leases
  • $1,146Loan loss allowance
  • $0Trading account assets
  • $1,393Bank premises and fixed assets
  • $2,858Other real estate owned
  • $0Goodwill and other intangibles
  • $89,447Life insurance assets
  • $2,627All other assets
  • $80,717Total liabilities and capital
  • $80,415Total liabilities
  • $58,307Total deposits
  • $80,415Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $302Subordinated debt
  • $8,730All other liabilities
  • $8,730Total equity capital
  • $8,730Total bank equity capital
  • $0Perpetual preferred stock
  • $469Common stock
  • $5,600Surplus
  • $2,661Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,054Income earned, not collected on loans
  • $0Earning assets
  • $521Long-term assets (5+ years)
  • $79,081Average Assets, year-to-date
  • $8,932Average Assets, quarterly
  • $84,725Volatile liabilities
  • $87,317Insider loans
  • $58,514FHLB advances
  • $86,428Loans and leases held for sale
  • $263Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,704Tier 2 risk-based capital
  • $263Total risk weighted assets
  • $0Total unused commitments
  • $4,395Restructured Loans and leases
  • $641Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,464Total interest income
  • $658Total interest expense
  • $2,806Net interest income
  • $175Provision for loan and lease losses
  • $331Total noninterest income
  • $0Fiduciary activities
  • $512Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$181Additional noninterest income
  • $2,958Total noninterest expense
  • $1,503Salaries and employee benefits
  • $393Premises and equipment expense
  • $1,062Additional noninterest expense
  • $4Pre-tax net operating income
  • -$2Securities gains (losses)
  • -$37Applicable income taxes
  • $39Income before extraordinary items
  • $0Extraordinary gains - net
  • $39Net income attributable to bank
  • $0Net charge-offs
  • $39Cash dividends
  • $247Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.62%Yield on earning assets
  • 0.88%Cost of funding earning assets
  • 3.74%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 3.94%Noninterest expense to earning assets
  • 0.05%Net operating income to assets
  • 0.05%Return on assets (ROA)
  • 0.00%Pretax return on assets
  • 0.44%Return on equity (ROE)
  • 0.44%Retained earnings to average equity (YTD only)
  • 0.45%Net charge-offs to loans
  • 70.85%Credit loss provision to net charge-offs
  • 0.72%Efficiency ratio
  • 94,294Assets per employee
  • 3.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.20%Loss allowance to noncurrent loans
  • 18.93%Noncurrent assets plus other real estate owned to assets
  • 9.96%Noncurrent loans to loans
  • 11.61%Net loans and leases to deposits
  • 63.40%Net loans and leases to core deposits
  • 65.97%Equity capital to assets
  • 9.76%Core capital (leverage) ratio
  • 10.07%Tier 1 risk-based capital ratio
  • 14.88%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $84,725Average earning assets
  • $8,810Average equity
  • $75,048Average loans

List of branches

  • 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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