BankSouth in Greensboro, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • BankSouth in Greensboro, Georgia (GA)
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BankSouth - Overview

  • General
  • FDIC Certificate #: 16418
    Status: Active
    Federal Reserve ID: 88231
    Date Established: April 10, 1946
    WWW: http://www.banksouth.biz
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 13480
    FDIC's unique #: 10593
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: April 10, 1946
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 North East Street, Greensboro, GA 30642
    County: Greene
    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
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $345.9 mil
    Equity capital: $32.3 mil
    Deposits held in domestic offices: $296.0 mil
    Return on assets (ROA): 1.72% ($6.0 mil)
    Quarterly return on assets: 0.58% ($2.0 mil)
    Return on Equity (ROE): 18.12% ($5.8 mil)
    Quarterly return on equity: 6.12% ($2.0 mil)
    Net income: $5.5 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.73% ($5,983.3 mil)
    Quarterly Pretax return on assets: 0.58% ($2,006.0 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
  • 136Total employees (full-time equivalent)
  • $345,856Total assets
  • $46,055Cash and due from depository institutions
  • $37,411Interest-bearing balances
  • $19,278Securities
  • $1,985Federal funds sold & reverse repurchase agreements
  • $227,135Net loans & leases
  • $3,465Loan loss allowance
  • $0Trading account assets
  • $7,869Bank premises and fixed assets
  • $16,220Other real estate owned
  • $0Goodwill and other intangibles
  • $345,856Life insurance assets
  • $27,314All other assets
  • $313,525Total liabilities and capital
  • $295,989Total liabilities
  • $285,255Total deposits
  • $295,989Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $15,211Trading liabilities
  • $0Other borrowed funds
  • $2,325Subordinated debt
  • $32,331All other liabilities
  • $32,331Total equity capital
  • $32,331Total bank equity capital
  • $0Perpetual preferred stock
  • $771Common stock
  • $4,759Surplus
  • $26,801Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $19,349Income earned, not collected on loans
  • $0Earning assets
  • $675Long-term assets (5+ years)
  • $285,809Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $321,200Volatile liabilities
  • $340,989Insider loans
  • $186,555FHLB advances
  • $345,280Loans and leases held for sale
  • $5,085Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $31,755Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $49,142Restructured Loans and leases
  • $18Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $16,826Total interest income
  • $3,368Total interest expense
  • $13,458Net interest income
  • $3,901Provision for loan and lease losses
  • $10,583Total noninterest income
  • $0Fiduciary activities
  • $101Service charges on deposit accounts
  • $0Trading account gains & fees
  • $10,482Additional noninterest income
  • $14,597Total noninterest expense
  • $7,594Salaries and employee benefits
  • $1,567Premises and equipment expense
  • $5,436Additional noninterest expense
  • $5,543Pre-tax net operating income
  • $0Securities gains (losses)
  • $5Applicable income taxes
  • $5,538Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,538Net income attributable to bank
  • $0Net charge-offs
  • $5,538Cash dividends
  • $2,639Sale, conversion, retirement of capital stock, net
  • $1,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.54%Yield on earning assets
  • 1.31%Cost of funding earning assets
  • 5.23%Net interest margin
  • 4.11%Noninterest income to earning assets
  • 5.67%Noninterest expense to earning assets
  • 1.72%Net operating income to assets
  • 1.72%Return on assets (ROA)
  • 1.73%Pretax return on assets
  • 18.12%Return on equity (ROE)
  • 14.85%Retained earnings to average equity (YTD only)
  • 1.24%Net charge-offs to loans
  • 147.82%Credit loss provision to net charge-offs
  • 3.58%Efficiency ratio
  • 60,717Assets per employee
  • 2.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 18.06%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 17.91%Noncurrent assets plus other real estate owned to assets
  • 9.78%Noncurrent loans to loans
  • 8.39%Net loans and leases to deposits
  • 76.74%Net loans and leases to core deposits
  • 78.59%Equity capital to assets
  • 9.35%Core capital (leverage) ratio
  • 9.20%Tier 1 risk-based capital ratio
  • 17.02%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $321,200Average earning assets
  • $30,558Average equity
  • $257,304Average loans

List of branches

  • 4 Georgia Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    010593Banksouth200 North East Street, Greensboro, GA 30642April 10, 1946Full Service Brick and Mortar
    2238055Greensboro Branch6340 Lake Oconee Parkway, Greensboro, GA 30642November 02, 1989Full Service Brick and Mortar
    576799North Georgia Bank Branch7911 Macon Highway, Watkinsville, GA 30677April 17, 2000Full Service Brick and Mortar
    6481675Village Park Branch455 Epps Bridge Parkway, Building 100, Athens, GA 30606October 16, 2008Full Service Brick and Mortar

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