Bank of Adairsville in Adairsville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 25, 2001

  • Bank of Adairsville in Adairsville, Georgia (GA)
  • Show street view No street view available for this location

Bank of Adairsville - Overview

  • General
  • FDIC Certificate #: 866
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United Community Bank (#16889)
    Federal Reserve ID: 425135
    Date Established: January 01, 1899
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 9200
    FDIC's unique #: 549
    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: January 01, 1934
    Last Structure Change Effective Date: April 25, 2001
    Last Structure Change Process Date: July 20, 2001
    Last Data Update: July 20, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 7400 Highway 140, Adairsville, GA 30103
    County: Bartow
    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
    Metropolitan Statistical Area (MSA): Atlanta, GA (#520)
    Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
    Core Based Statistical Area (CBSA): Atlanta-Sandy Springs-Marietta, GA (#12060)
    CBSA Metro Statistical Area: Atlanta-Sandy Springs-Marietta, GA (#12060)
  • Financial Summary
  • Total assets: $80.3 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
  • 24Total employees (full-time equivalent)
  • $83,863Total assets
  • $1,457Cash and due from depository institutions
  • $178Interest-bearing balances
  • $20,617Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $57,657Net loans & leases
  • $1,619Loan loss allowance
  • $0Trading account assets
  • $2,597Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,535All other assets
  • $83,863Total liabilities and capital
  • $77,634Total liabilities
  • $59,291Total deposits
  • $53,889Interest-bearing deposits
  • $59,291Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $12,460Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $5,000Other borrowed funds
  • $0Subordinated debt
  • $883All other liabilities
  • $6,229Total equity capital
  • $6,229Total bank equity capital
  • $6,229Perpetual preferred stock
  • $0Common stock
  • $400Surplus
  • $5,098Undivided profits
  • Memoranda
  • $731Noncurrent loans and leases
  • $3,535Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $198Earning assets
  • $0Long-term assets (5+ years)
  • $418Average Assets, year-to-date
  • $78,452Average Assets, quarterly
  • $15,851Volatile liabilities
  • $81,072Insider loans
  • $80,998FHLB advances
  • $25,088Loans and leases held for sale
  • $1,124Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,000Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,535Total unused commitments
  • $0Restructured Loans and leases
  • $739Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $6,271Total interest income
  • $3,696Total interest expense
  • $2,575Net interest income
  • $40Provision for loan and lease losses
  • $292Total noninterest income
  • $0Fiduciary activities
  • $169Service charges on deposit accounts
  • $0Trading account gains & fees
  • $123Additional noninterest income
  • $1,890Total noninterest expense
  • $946Salaries and employee benefits
  • $276Premises and equipment expense
  • $668Additional noninterest expense
  • $937Pre-tax net operating income
  • -$409Securities gains (losses)
  • $164Applicable income taxes
  • $364Income before extraordinary items
  • $0Extraordinary gains - net
  • $364Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$66Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.42%Yield on earning assets
  • 4.96%Cost of funding earning assets
  • 3.46%Net interest margin
  • 0.39%Noninterest income to earning assets
  • 2.54%Noninterest expense to earning assets
  • 0.80%Net operating income to assets
  • 0.45%Return on assets (ROA)
  • 0.65%Pretax return on assets
  • 6.59%Return on equity (ROE)
  • 6.59%Retained earnings to average equity (YTD only)
  • -0.13%Net charge-offs to loans
  • -60.61%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 65,923Assets per employee
  • 3.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.73%Loss allowance to noncurrent loans
  • 817.68%Noncurrent assets plus other real estate owned to assets
  • 0.24%Noncurrent loans to loans
  • 0.33%Net loans and leases to deposits
  • 97.24%Net loans and leases to core deposits
  • 123.56%Equity capital to assets
  • 7.43%Core capital (leverage) ratio
  • 8.27%Tier 1 risk-based capital ratio
  • 10.61%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $81,072Average earning assets
  • $5,522Average equity
  • $74,479Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank of Adairsville.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents