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

This bank is inactive as of June 21, 1996

  • Bank of Villa Rica in Villa Rica, Georgia (GA)
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Bank of Villa Rica - Overview

  • General
  • FDIC Certificate #: 184
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank (#26976)
    Federal Reserve ID: 569132
    Date Established: May 04, 1899
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 146
    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: January 01, 1934
    Last Structure Change Effective Date: June 21, 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 78, Villa Rica, GA 30180
    County: Carroll
    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): Atlanta, GA (#520)
    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)
  • Financial Summary
  • Total assets: $54.4 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)
  • $30Total assets
  • $53,397Cash and due from depository institutions
  • $1,534Interest-bearing balances
  • $696Securities
  • $15,808Federal funds sold & reverse repurchase agreements
  • $417Net loans & leases
  • $32,167Loan loss allowance
  • $608Trading account assets
  • $0Bank premises and fixed assets
  • $2,513Other real estate owned
  • $21Goodwill and other intangibles
  • $937Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $53,397Total liabilities
  • $48,921Total deposits
  • $48,578Interest-bearing deposits
  • $41,063Deposits held in domestic offices
  • 48578.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $343Total equity capital
  • $343Total bank equity capital
  • $4,476Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $2,300Undivided profits
  • Memoranda
  • $1,976Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $571Income earned, not collected on loans
  • $286Earning assets
  • $49,088Long-term assets (5+ years)
  • $9,395Average Assets, year-to-date
  • $50,904Average Assets, quarterly
  • $52,452Volatile liabilities
  • $6,177Insider loans
  • $1,361FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,625Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,455Total risk weighted assets
  • $33,860Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,056Total interest expense
  • $1,892Net interest income
  • $2,164Provision for loan and lease losses
  • $295Total noninterest income
  • $583Fiduciary activities
  • $0Service charges on deposit accounts
  • $428Trading account gains & fees
  • $0Additional noninterest income
  • $155Total noninterest expense
  • $2,521Salaries and employee benefits
  • $1,056Premises and equipment expense
  • $396Additional noninterest expense
  • $1,069Pre-tax net operating income
  • -$69Securities gains (losses)
  • -$38Applicable income taxes
  • -$49Income before extraordinary items
  • -$58Extraordinary gains - net
  • $0Net income attributable to bank
  • -$58Net charge-offs
  • $261Cash dividends
  • $63Sale, 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
  • 8.83%Cost of funding earning assets
  • 4.12%Net interest margin
  • 4.71%Noninterest income to earning assets
  • 1.27%Noninterest expense to earning assets
  • 5.49%Net operating income to assets
  • -0.07%Return on assets (ROA)
  • -0.11%Pretax return on assets
  • -0.21%Return on equity (ROE)
  • -1.30%Retained earnings to average equity (YTD only)
  • -2.71%Net charge-offs to loans
  • 0.85%Credit loss provision to net charge-offs
  • 113.03%Efficiency ratio
  • 91,773Assets per employee
  • 1.78%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -108.62%Loss allowance to loans
  • 1.86%Loss allowance to noncurrent loans
  • 106.48%Noncurrent assets plus other real estate owned to assets
  • 1.11%Noncurrent loans to loans
  • 1.74%Net loans and leases to deposits
  • 66.22%Net loans and leases to core deposits
  • 75.86%Equity capital to assets
  • 8.38%Core capital (leverage) ratio
  • 8.41%Tier 1 risk-based capital ratio
  • 13.16%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $50,904Average earning assets
  • $4,469Average equity
  • $45,938Average loans

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