Bankers First Savings Bank, FSB in Augusta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 15, 1996

  • Bankers First Savings Bank, FSB in Augusta, Georgia (GA)
  • Show street view No street view available for this location

Bankers First Savings Bank, FSB - Overview

  • General
  • FDIC Certificate #: 29311
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: SouthTrust Bank of Georgia, National Association (#26382)
    Federal Reserve ID: 43276
    Date Established: December 01, 1934
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 3261
    FDIC's unique #: 42145
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 04, 1935
    Last Structure Change Effective Date: March 15, 1996
    Last Structure Change Process Date: March 22, 1996
    Last Data Update: September 20, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: One 10th Street, Suite 700, Augusta, GA 30901
    County: Richmond
    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): Augusta-Aiken, GA-SC (#600)
    Core Based Statistical Area (CBSA): Augusta-Richmond County, GA-SC (#12260)
    CBSA Metro Statistical Area: Augusta-Richmond County, GA-SC (#12260)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $1,029.4 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)
  • $352Total assets
  • $1,029,357Cash and due from depository institutions
  • $31,776Interest-bearing balances
  • $2,858Securities
  • $93,687Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $861,502Loan loss allowance
  • $10,606Trading account assets
  • $0Bank premises and fixed assets
  • $14,348Other real estate owned
  • $2,053Goodwill and other intangibles
  • $21,843Life insurance assets
  • $4,148All other assets
  • $0Total liabilities and capital
  • $1,029,357Total liabilities
  • $957,675Total deposits
  • $762,175Interest-bearing deposits
  • $751,641Deposits held in domestic offices
  • 762175.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $17,114Trading liabilities
  • $0Other borrowed funds
  • $164,240Subordinated debt
  • $4,000All other liabilities
  • $10,146Total equity capital
  • $10,146Total bank equity capital
  • $71,682Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $42,171Undivided profits
  • Memoranda
  • $29,511Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,771Income earned, not collected on loans
  • $5,278Earning assets
  • $958,047Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $1,060,418Average Assets, quarterly
  • $1,036,457Volatile liabilities
  • $265,017Insider loans
  • $2,247FHLB advances
  • $164,000Loans and leases held for sale
  • $0Unused loan commitments
  • $47,054Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $66,643Total risk weighted assets
  • $684,402Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $83,052Total interest expense
  • $47,951Net interest income
  • $35,101Provision for loan and lease losses
  • $2,875Total noninterest income
  • $5,398Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $5,398Total noninterest expense
  • $22,974Salaries and employee benefits
  • $9,047Premises and equipment expense
  • $3,762Additional noninterest expense
  • $10,165Pre-tax net operating income
  • $14,650Securities gains (losses)
  • $404Applicable income taxes
  • $9,430Income before extraordinary items
  • $5,624Extraordinary gains - net
  • $0Net income attributable to bank
  • $5,624Net charge-offs
  • $1,880Cash dividends
  • $0Sale, 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
  • 8.38%Cost of funding earning assets
  • 4.84%Net interest margin
  • 3.54%Noninterest income to earning assets
  • 0.54%Noninterest expense to earning assets
  • 2.32%Net operating income to assets
  • 0.51%Return on assets (ROA)
  • 0.53%Pretax return on assets
  • 1.42%Return on equity (ROE)
  • 8.17%Retained earnings to average equity (YTD only)
  • 8.17%Net charge-offs to loans
  • 0.21%Credit loss provision to net charge-offs
  • 152.93%Efficiency ratio
  • 53,999Assets per employee
  • 2.92%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.22%Loss allowance to noncurrent loans
  • 183.78%Noncurrent assets plus other real estate owned to assets
  • 0.76%Noncurrent loans to loans
  • 0.66%Net loans and leases to deposits
  • 113.03%Net loans and leases to core deposits
  • 126.97%Equity capital to assets
  • 6.96%Core capital (leverage) ratio
  • 6.50%Tier 1 risk-based capital ratio
  • 9.74%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $1,060,418Average earning assets
  • $68,851Average equity
  • $991,100Average loans
1
Harriett Martin Tate
⚠
Who did buy out FBSB or who did they merge with? I am looking into whether my father had money there that he did not get out.
2
Lupe C Quibodeaux
⚠
I was an employee of Bankers First and in 1993 when the Savannah Branches were sold. I had a ESOP Retirement Fund that I was to start receiving at 65, I have never been contact. The funds were disbursed to some employees that had less $5000, mine was over $5000. How do I reach out to the Administrator to inquiry about my benefits.

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