Barnett Bank of Fayette County in Fayetteville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 02, 1993

  • Barnett Bank of Fayette County in Fayetteville, Georgia (GA)
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Barnett Bank of Fayette County - Overview

  • General
  • FDIC Certificate #: 18235
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank South (#2116)
    Federal Reserve ID: 368335
    Date Established: March 13, 1906
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 12151
    Numeric code: 13
    Regulator: FED
    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: May 23, 1960
    Last Structure Change Effective Date: December 02, 1993
    Last Structure Change Process Date: December 14, 1993
    Last Data Update: December 14, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: East Lanier Avenue, Fayetteville, GA 30214
    County: Fayette
    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: $89.3 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $44Total assets
  • $97,180Cash and due from depository institutions
  • $2,046Interest-bearing balances
  • $0Securities
  • $11,661Federal funds sold & reverse repurchase agreements
  • $2,700Net loans & leases
  • $77,530Loan loss allowance
  • $872Trading account assets
  • $0Bank premises and fixed assets
  • $1,581Other real estate owned
  • $202Goodwill and other intangibles
  • $1,460Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $97,180Total liabilities
  • $89,865Total deposits
  • $89,234Interest-bearing deposits
  • $79,529Deposits held in domestic offices
  • 89234.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $631Total equity capital
  • $631Total bank equity capital
  • $7,315Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $4,170Undivided profits
  • Memoranda
  • $2,145Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $777Income earned, not collected on loans
  • $367Earning assets
  • $91,891Long-term assets (5+ years)
  • $20,558Average Assets, year-to-date
  • $96,818Average Assets, quarterly
  • $96,530Volatile liabilities
  • $5,136Insider loans
  • $54FHLB advances
  • $0Loans and leases held for sale
  • $1,164Unused loan commitments
  • $15,817Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,315Total risk weighted assets
  • $65,222Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,808Total interest expense
  • $3,630Net interest income
  • $4,178Provision for loan and lease losses
  • $189Total noninterest income
  • $1,217Fiduciary activities
  • $0Service charges on deposit accounts
  • $546Trading account gains & fees
  • $0Additional noninterest income
  • $671Total noninterest expense
  • $5,271Salaries and employee benefits
  • $1,524Premises and equipment expense
  • $639Additional noninterest expense
  • $3,108Pre-tax net operating income
  • -$65Securities gains (losses)
  • -$31Applicable income taxes
  • -$137Income before extraordinary items
  • $41Extraordinary gains - net
  • $126Net income attributable to bank
  • $167Net charge-offs
  • $268Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.65%Cost of funding earning assets
  • 4.02%Net interest margin
  • 4.63%Noninterest income to earning assets
  • 1.35%Noninterest expense to earning assets
  • 5.84%Net operating income to assets
  • 0.06%Return on assets (ROA)
  • 0.17%Pretax return on assets
  • 0.03%Return on equity (ROE)
  • 2.32%Retained earnings to average equity (YTD only)
  • 2.32%Net charge-offs to loans
  • 0.39%Credit loss provision to net charge-offs
  • 70.52%Efficiency ratio
  • 97,702Assets per employee
  • 2.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.11%Loss allowance to noncurrent loans
  • 112.23%Noncurrent assets plus other real estate owned to assets
  • 1.01%Noncurrent loans to loans
  • 0.99%Net loans and leases to deposits
  • 86.88%Net loans and leases to core deposits
  • 92.19%Equity capital to assets
  • 7.53%Core capital (leverage) ratio
  • 7.63%Tier 1 risk-based capital ratio
  • 11.22%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $96,818Average earning assets
  • $7,190Average equity
  • $90,235Average loans

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