Bank of Chickamauga in Chickamauga, Georgia (GA)



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Bank of Chickamauga routing number info

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Bank of Chickamauga
GeneralFDIC Certificate #: 5713
Status: Active
Federal Reserve ID: 512839
Bank Holding Company (Regulatory Top Holder): Southcrest Financial Group, Inc. (RSSDID: 2497202, Location: Peachtree City, GA)
Date Established: May 10, 1910
WWW: http://www.bankofchickamauga.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 #: 13324
FDIC's unique #: 3894
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: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 1934
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: 201 Gordon Street, Chickamauga, GA 30707
County: Walker
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): Chattanooga, TN-GA (#1560)
Combined Statistical Area (CSA): Chattanooga-Cleveland-Athens, TN-GA (#174)
Core Based Statistical Area (CBSA): Chattanooga, TN-GA (#16860)
CBSA Metro Statistical Area: Chattanooga, TN-GA (#16860)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $52.6 mil
Equity capital: $5.6 mil
Deposits held in domestic offices: $46.5 mil
Return on assets (ROA): 0.21% ($0.1 mil)
Quarterly return on assets: -0.22% (-$0.1 mil)
Return on Equity (ROE): 2.07% ($0.1 mil)
Quarterly return on equity: -2.06% (-$0.1 mil)
Net income: $0.1 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: 0.21% ($110.5 mil)
Quarterly Pretax return on assets: -0.22% (-$115.7 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)22
Total assets$52,607
Cash and due from depository institutions$8,258
Interest-bearing balances$5,130
Securities$13,691
Federal funds sold & reverse repurchase agreements$2,500
Net loans & leases$21,538
Loan loss allowance $774
Trading account assets$0
Bank premises and fixed assets$2,116
Other real estate owned$0
Goodwill and other intangibles$56
All other assets$4,448
Life insurance assets$52,607
Total liabilities and capital$47,015
Total liabilities$46,478
Total deposits$38,486
Interest-bearing deposits$46,478
Deposits held in domestic offices$96
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $537
All other liabilities $5,592
Total equity capital$5,592
Total bank equity capital$5,592
Perpetual preferred stock$0
Common stock$200
Surplus$11,550
Undivided profits $-6,158
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 $934
Earning assets $0
Long-term assets (5+ years) $172
Average Assets, year-to-date $42,859
Average Assets, quarterly $12,195
Volatile liabilities $55,043
Insider loans $52,658
FHLB advances $25,413
Loans and leases held for sale $52,171
Unused loan commitments $3,764
Tier 1 (core) risk-based capital $3,764
Tier 2 risk-based capital $5,205
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $83
Derivatives$0
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,089
Total interest expense $531
Net interest income $1,558
Provision for loan and lease losses $23
Total noninterest income $538
Fiduciary activities $0
Service charges on deposit accounts $480
Trading account gains & fees $0
Additional noninterest income $58
Total noninterest expense $2,077
Salaries and employee benefits $864
Premises and equipment expense $235
Additional noninterest expense $978
Pre-tax net operating income -$4
Securities gains (losses) $120
Applicable income taxes $0
Income before extraordinary items $116
Extraordinary gains - net $0
Net income attributable to bank $116
Net charge-offs $0
Cash dividends $116
Sale, conversion, retirement of capital stock, net $281
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 assets4.86%
Cost of funding earning assets 1.24%
Net interest margin 3.62%
Noninterest income to earning assets 1.25%
Noninterest expense to earning assets 4.83%
Net operating income to assets -0.01%
Return on assets (ROA) 0.21%
Pretax return on assets 0.21%
Return on equity (ROE) 2.07%
Retained earnings to average equity (YTD only) 2.07%
Net charge-offs to loans 1.20%
Credit loss provision to net charge-offs 8.19%
Efficiency ratio0.07%
Assets per employee$98,569
Cash dividends to net income (YTD only)2.39%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 3.47%
Noncurrent assets plus other real estate owned to assets 82.87%
Noncurrent loans to loans 1.78%
Net loans and leases to deposits4.19%
Net loans and leases to core deposits 46.34%
Equity capital to assets 47.73%
Core capital (leverage) ratio 10.63%
Tier 1 risk-based capital ratio 9.98%
Total risk-based capital ratio 20.48%
Memoranda
Average assets$22
Average earning assets$55,043
Average equity $5,602
Average loans $42,995
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2 Georgia Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
03894Bank Of Chickamauga201 Gordon Street, Chickamauga, GA 30707May 10, 1910Full Service Brick and Mortar
1208057Highway 27 Branch112 Lafayette Road, Chickamauga, GA 30707August 08, 1974Full Service Brick and Mortar
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