Bank of Banks County in Homer, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 14, 1996

  • Bank of Banks County in Homer, Georgia (GA)
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Bank of Banks County - Overview

  • General
  • FDIC Certificate #: 21882
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank (#26976)
    Federal Reserve ID: 103938
    Date Established: December 28, 1974
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 15161
    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: December 28, 1974
    Last Structure Change Effective Date: June 14, 1996
    Last Structure Change Process Date: July 24, 1996
    Last Data Update: July 24, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: U.S. Highway 441, Homer, GA 30547
    County: Banks
    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: $66.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $32Total assets
  • $67,010Cash and due from depository institutions
  • $2,603Interest-bearing balances
  • $396Securities
  • $16,595Federal funds sold & reverse repurchase agreements
  • $1,913Net loans & leases
  • $43,756Loan loss allowance
  • $570Trading account assets
  • $0Bank premises and fixed assets
  • $1,170Other real estate owned
  • $63Goodwill and other intangibles
  • $910Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $67,010Total liabilities
  • $61,896Total deposits
  • $60,206Interest-bearing deposits
  • $50,622Deposits held in domestic offices
  • 60206.00%% insured (estimated)
  • $85Federal funds purchased & repurchase agreements
  • $1,317Trading liabilities
  • $0Other borrowed funds
  • $74Subordinated debt
  • $0All other liabilities
  • $299Total equity capital
  • $299Total bank equity capital
  • $5,114Perpetual preferred stock
  • $0Common stock
  • $250Surplus
  • $3,750Undivided profits
  • Memoranda
  • $1,114Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $171Income earned, not collected on loans
  • $382Earning assets
  • $62,660Long-term assets (5+ years)
  • $5,748Average Assets, year-to-date
  • $61,168Average Assets, quarterly
  • $63,965Volatile liabilities
  • $11,526Insider loans
  • $503FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $4,161Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,081Total risk weighted assets
  • $44,801Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,369Total interest expense
  • $2,178Net interest income
  • $3,191Provision for loan and lease losses
  • $280Total noninterest income
  • $603Fiduciary activities
  • $0Service charges on deposit accounts
  • $399Trading account gains & fees
  • $0Additional noninterest income
  • $204Total noninterest expense
  • $2,109Salaries and employee benefits
  • $958Premises and equipment expense
  • $262Additional noninterest expense
  • $889Pre-tax net operating income
  • $1,405Securities gains (losses)
  • $15Applicable income taxes
  • $512Income before extraordinary items
  • $908Extraordinary gains - net
  • $0Net income attributable to bank
  • $908Net charge-offs
  • $286Cash dividends
  • $411Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.36%Cost of funding earning assets
  • 3.80%Net interest margin
  • 5.56%Noninterest income to earning assets
  • 1.05%Noninterest expense to earning assets
  • 3.68%Net operating income to assets
  • 1.47%Return on assets (ROA)
  • 1.48%Pretax return on assets
  • 2.32%Return on equity (ROE)
  • 18.91%Retained earnings to average equity (YTD only)
  • 10.35%Net charge-offs to loans
  • 0.66%Credit loss provision to net charge-offs
  • 97.90%Efficiency ratio
  • 55,588Assets per employee
  • 2.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.26%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 333.33%Noncurrent assets plus other real estate owned to assets
  • 0.35%Noncurrent loans to loans
  • 0.39%Net loans and leases to deposits
  • 72.68%Net loans and leases to core deposits
  • 87.39%Equity capital to assets
  • 7.63%Core capital (leverage) ratio
  • 7.87%Tier 1 risk-based capital ratio
  • 11.34%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $61,168Average earning assets
  • $4,802Average equity
  • $57,382Average loans

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