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


  • Bank of Monticello in Monticello, Georgia (GA)
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Bank of Monticello - Overview

  • General
  • FDIC Certificate #: 2145
    Status: Active
    Federal Reserve ID: 805335
    Bank Holding Company (Regulatory Top Holder): Monticello Bancshares, Inc. (RSSDID: 2412139, Location: Monticello, GA)
    Date Established: January 01, 1909
    WWW: http://www.bankofmonticelloga.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 12828
    FDIC's unique #: 1416
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    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
  • Location
  • Address: 141 Green Street, Monticello, GA 31064
    County: Jasper
    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
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $95.9 mil
    Equity capital: $7.2 mil
    Deposits held in domestic offices: $88.2 mil
    Return on assets (ROA): -0.19% (-$0.2 mil)
    Quarterly return on assets: -4.15% (-$4.0 mil)
    Return on Equity (ROE): -2.48% (-$0.2 mil)
    Quarterly return on equity: -52.04% (-$3.6 mil)
    Net income: -$0.2 mil
    Quarterly Net income: -$1.0 mil
    Pretax return on assets: -0.19% (-$182.1 mil)
    Quarterly Pretax return on assets: -4.15% (-$3,977.9 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
  • 20Total employees (full-time equivalent)
  • $95,853Total assets
  • $10,643Cash and due from depository institutions
  • $9,633Interest-bearing balances
  • $9,941Securities
  • $2,300Federal funds sold & reverse repurchase agreements
  • $69,131Net loans & leases
  • $1,212Loan loss allowance
  • $0Trading account assets
  • $1,115Bank premises and fixed assets
  • $1,400Other real estate owned
  • $0Goodwill and other intangibles
  • $95,853Life insurance assets
  • $1,323All other assets
  • $88,607Total liabilities and capital
  • $88,212Total liabilities
  • $80,933Total deposits
  • $88,212Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $395Subordinated debt
  • $7,246All other liabilities
  • $7,246Total equity capital
  • $7,246Total bank equity capital
  • $0Perpetual preferred stock
  • $173Common stock
  • $6,962Surplus
  • $111Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,397Income earned, not collected on loans
  • $0Earning assets
  • $631Long-term assets (5+ years)
  • $91,005Average Assets, year-to-date
  • $12,111Average Assets, quarterly
  • $98,446Volatile liabilities
  • $97,717Insider loans
  • $64,741FHLB advances
  • $98,367Loans and leases held for sale
  • $497Unused loan commitments
  • $497Tier 1 (core) risk-based capital
  • $7,020Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,572Restructured Loans and leases
  • $701Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,765Total interest income
  • $1,235Total interest expense
  • $3,530Net interest income
  • $2,023Provision for loan and lease losses
  • $1,248Total noninterest income
  • $0Fiduciary activities
  • $284Service charges on deposit accounts
  • $0Trading account gains & fees
  • $964Additional noninterest income
  • $2,941Total noninterest expense
  • $1,185Salaries and employee benefits
  • $380Premises and equipment expense
  • $1,376Additional noninterest expense
  • -$186Pre-tax net operating income
  • $0Securities gains (losses)
  • $1Applicable income taxes
  • -$187Income before extraordinary items
  • $0Extraordinary gains - net
  • -$187Net income attributable to bank
  • $0Net charge-offs
  • -$187Cash dividends
  • $2,038Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.10%Yield on earning assets
  • 1.32%Cost of funding earning assets
  • 3.78%Net interest margin
  • 1.34%Noninterest income to earning assets
  • 3.15%Noninterest expense to earning assets
  • -0.19%Net operating income to assets
  • -0.19%Return on assets (ROA)
  • -0.19%Pretax return on assets
  • -2.48%Return on equity (ROE)
  • -2.48%Retained earnings to average equity (YTD only)
  • 2.80%Net charge-offs to loans
  • 99.26%Credit loss provision to net charge-offs
  • 0.90%Efficiency ratio
  • 61,553Assets per employee
  • 4.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.72%Loss allowance to noncurrent loans
  • 35.68%Noncurrent assets plus other real estate owned to assets
  • 5.00%Noncurrent loans to loans
  • 4.83%Net loans and leases to deposits
  • 78.37%Net loans and leases to core deposits
  • 83.82%Equity capital to assets
  • 7.56%Core capital (leverage) ratio
  • 7.14%Tier 1 risk-based capital ratio
  • 10.84%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $98,446Average earning assets
  • $7,542Average equity
  • $93,462Average loans

List of branches

  • 1 Georgia Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01416Bank Of Monticello141 Green Street, Monticello, GA 31064January 01, 1909Full Service Brick and Mortar

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