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

Bank of Early - Overview

  • General
  • FDIC Certificate #: 15813
    Status: Active
    Federal Reserve ID: 1015832
    Bank Holding Company (Regulatory Top Holder): One South Financial, Inc. (RSSDID: 2037569, Location: Blakely, GA)
    Date Established: January 09, 1939
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 14771
    FDIC's unique #: 10057
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: April 28, 1941
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: September 25, 2007
    Last Data Update: September 25, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 12347 Columbia Street, Blakely, GA 39823
    County: Early
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Albany Ga
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
    Change in Location
  • Financial Summary
  • Total assets: $84.4 mil
    Equity capital: $9.9 mil
    Deposits held in domestic offices: $73.2 mil
    Return on assets (ROA): 0.93% ($0.8 mil)
    Quarterly return on assets: 0.61% ($0.5 mil)
    Return on Equity (ROE): 8.25% ($0.8 mil)
    Quarterly return on equity: 5.23% ($0.5 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.93% ($784.8 mil)
    Quarterly Pretax return on assets: 0.61% ($514.8 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
  • 25Total employees (full-time equivalent)
  • $84,392Total assets
  • $17,827Cash and due from depository institutions
  • $16,916Interest-bearing balances
  • $6,156Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $54,915Net loans & leases
  • $922Loan loss allowance
  • $0Trading account assets
  • $636Bank premises and fixed assets
  • $769Other real estate owned
  • $255Goodwill and other intangibles
  • $84,392Life insurance assets
  • $3,834All other assets
  • $74,470Total liabilities and capital
  • $73,151Total liabilities
  • $58,173Total deposits
  • $73,151Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,319Subordinated debt
  • $9,922All other liabilities
  • $9,922Total equity capital
  • $9,922Total bank equity capital
  • $0Perpetual preferred stock
  • $150Common stock
  • $7,800Surplus
  • $1,972Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,987Income earned, not collected on loans
  • $314Earning assets
  • $744Long-term assets (5+ years)
  • $77,987Average Assets, year-to-date
  • $8,045Average Assets, quarterly
  • $83,843Volatile liabilities
  • $84,781Insider loans
  • $55,230FHLB advances
  • $85,086Loans and leases held for sale
  • $2,574Unused loan commitments
  • $831Tier 1 (core) risk-based capital
  • $9,528Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,743Total unused commitments
  • $22,941Restructured Loans and leases
  • $2,081Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,125Total interest income
  • $777Total interest expense
  • $3,348Net interest income
  • $0Provision for loan and lease losses
  • $649Total noninterest income
  • $0Fiduciary activities
  • $426Service charges on deposit accounts
  • $0Trading account gains & fees
  • $223Additional noninterest income
  • $3,214Total noninterest expense
  • $1,871Salaries and employee benefits
  • $191Premises and equipment expense
  • $1,152Additional noninterest expense
  • $783Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $783Income before extraordinary items
  • $0Extraordinary gains - net
  • $783Net income attributable to bank
  • $0Net charge-offs
  • $783Cash dividends
  • $356Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.38%Yield on earning assets
  • 1.01%Cost of funding earning assets
  • 4.36%Net interest margin
  • 0.85%Noninterest income to earning assets
  • 4.19%Noninterest expense to earning assets
  • 0.93%Net operating income to assets
  • 0.93%Return on assets (ROA)
  • 0.93%Pretax return on assets
  • 8.25%Return on equity (ROE)
  • 8.25%Retained earnings to average equity (YTD only)
  • 0.58%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 2.20%Efficiency ratio
  • 80,410Assets per employee
  • 3.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.65%Loss allowance to noncurrent loans
  • 30.87%Noncurrent assets plus other real estate owned to assets
  • 4.90%Noncurrent loans to loans
  • 5.35%Net loans and leases to deposits
  • 75.07%Net loans and leases to core deposits
  • 86.80%Equity capital to assets
  • 11.76%Core capital (leverage) ratio
  • 11.20%Tier 1 risk-based capital ratio
  • 17.25%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $83,843Average earning assets
  • $9,491Average equity
  • $76,705Average loans

List of branches

  • 3 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010057Bank Of Early12347 Columbia Street, Blakely, GA 39823January 09, 1939Full Service Brick and Mortar
    1235551Arlington Branch17163 South Highland Avenue, Arlington, GA 39813May 22, 1995Full Service Brick and Mortar
    2275289Forrester Drive Branch917 Forrester Drive, Southeast, Dawson, GA 39842August 01, 1935Full Service Brick and Mortar

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