Bank of Upson in Thomaston, Georgia (GA)



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Bank of Upson routing number info

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Bank of Upson
GeneralFDIC Certificate #: 17041
Status: Active
Federal Reserve ID: 436131
Bank Holding Company (Regulatory Top Holder): Southcrest Financial Group, Inc. (RSSDID: 2497202, Location: Peachtree City, GA)
Date Established: October 01, 1951
WWW: http://www.bankofupson.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Domestic: 7, Interstate: No)
OTS Docket #: 13716
FDIC's unique #: 11104
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: Commercial Lending Specialization
Date of Deposit Insurance: October 01, 1951
Last Structure Change Effective Date: March 19, 2010
Last Structure Change Process Date: March 22, 2010
Last Data Update: March 22, 2010
Data Source Date: April 05, 2012
LocationAddress: 108 South Church Street, Thomaston, GA 30286
County: Upson
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): Thomaston, GA (#45580)
CBSA Micro Statistical Area: Yes
History of ChangesParticipated in FDIC Assisted Absorption/Consolidation/Merger
Name Change
Corrections
Financial SummaryTotal assets: $318.3 mil
Equity capital: $31.0 mil
Deposits held in domestic offices: $283.8 mil
Return on assets (ROA): 0.26% ($0.8 mil)
Quarterly return on assets: 0.29% ($0.9 mil)
Return on Equity (ROE): 2.88% ($0.9 mil)
Quarterly return on equity: 2.97% ($0.9 mil)
Net income: $0.9 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 0.29% ($923.1 mil)
Quarterly Pretax return on assets: 0.29% ($923.1 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)104
Total assets$318,325
Cash and due from depository institutions$50,366
Interest-bearing balances$45,238
Securities$50,241
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$161,296
Loan loss allowance $4,021
Trading account assets$0
Bank premises and fixed assets$10,392
Other real estate owned$10,611
Goodwill and other intangibles$717
All other assets$34,702
Life insurance assets$318,325
Total liabilities and capital$287,314
Total liabilities$283,844
Total deposits$237,064
Interest-bearing deposits$283,844
Deposits held in domestic offices$92
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $3,470
All other liabilities $31,011
Total equity capital$31,011
Total bank equity capital$31,011
Perpetual preferred stock$0
Common stock$2,100
Surplus$22,994
Undivided profits $5,917
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $460
Income earned, not collected on loans $12,413
Earning assets $0
Long-term assets (5+ years) $911
Average Assets, year-to-date $256,775
Average Assets, quarterly $42,250
Volatile liabilities $330,851
Insider loans $319,826
FHLB advances $184,817
Loans and leases held for sale $326,481
Unused loan commitments $8,229
Tier 1 (core) risk-based capital $8,229
Tier 2 risk-based capital $29,987
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $17,082
Derivatives$222
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $13,129
Total interest expense $2,748
Net interest income $10,381
Provision for loan and lease losses $1,563
Total noninterest income $3,413
Fiduciary activities $29
Service charges on deposit accounts $1,900
Trading account gains & fees $0
Additional noninterest income $1,484
Total noninterest expense $11,821
Salaries and employee benefits $4,579
Premises and equipment expense $1,800
Additional noninterest expense $5,442
Pre-tax net operating income $410
Securities gains (losses) $565
Applicable income taxes $100
Income before extraordinary items $875
Extraordinary gains - net $0
Net income attributable to bank $875
Net charge-offs $0
Cash dividends $875
Sale, conversion, retirement of capital stock, net $3,307
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 assets5.01%
Cost of funding earning assets 1.05%
Net interest margin 3.96%
Noninterest income to earning assets 1.30%
Noninterest expense to earning assets 4.51%
Net operating income to assets 0.11%
Return on assets (ROA) 0.26%
Pretax return on assets 0.29%
Return on equity (ROE) 2.88%
Retained earnings to average equity (YTD only) 2.88%
Net charge-offs to loans 1.82%
Credit loss provision to net charge-offs 47.26%
Efficiency ratio0.60%
Assets per employee$85,428
Cash dividends to net income (YTD only)3.06%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.43%
Noncurrent assets plus other real estate owned to assets 32.39%
Noncurrent loans to loans 7.23%
Net loans and leases to deposits7.51%
Net loans and leases to core deposits 56.83%
Equity capital to assets 58.41%
Core capital (leverage) ratio 9.74%
Tier 1 risk-based capital ratio 9.18%
Total risk-based capital ratio 16.23%
Memoranda
Average assets$17
Average earning assets$330,851
Average equity $30,365
Average loans $262,243
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$13,562
Number of Accounts1
Personal trust and agency accounts$13,562
Employee benefit-defined contribution accounts$13,562
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts8
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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7 Georgia Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
011104Bank Of Upson108 South Church Street, Thomaston, GA 30286October 01, 1951Full Service Brick and Mortar
1240219Northside Branch943 North Church Street, Thomaston, GA 30286November 06, 1972Full Service Brick and Mortar
23879Manchester Branch406 West Main Street, Manchester, GA 31816Febuary 02, 1910Full Service Brick and Mortar
35113Warm Springs Branch101 Broad Street, Warm Springs, GA 31830August 03, 1906Full Service Brick and Mortar
4365775Luthersville Branch24 North Main Street, Luthersville, GA 30251November 12, 2002Full Service Brick and Mortar
7478874Tyrone Branch105 St. Stephens Court, Suite A, Tyrone, GA 30290August 06, 2007Full Service Brick and Mortar
8439738Johns Creek Branch11675 Medlock Bridge Road, Johns Creek, GA 30097Febuary 28, 2006Full Service Brick and Mortar
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