Century South Bank of Ellijay in Ellijay, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 09, 2001

Century South Bank of Ellijay in Ellijay, Georgia (GA)
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Century South Bank of Ellijay - Overview

General
FDIC Certificate #: 5688
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Branch Banking and Trust Company (#9846)
Federal Reserve ID: 427933
Date Established: June 01, 1914
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 9853
FDIC's unique #: 3873
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: November 09, 2001
Last Structure Change Process Date: November 21, 2001
Last Data Update: November 21, 2001
Data Source Date: April 05, 2012
Location
Address: 5 Broad Street, Ellijay, GA 30540
County: Gilmer
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
Financial Summary
Total assets: $88.1 mil

1992 - 1999 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, 2000)

Dollar figures in thousands
31Total employees (full-time equivalent)
$89,487Total assets
$3,899Cash and due from depository institutions
$11Interest-bearing balances
$17,950Securities
$5,600Federal funds sold & reverse repurchase agreements
$58,182Net loans & leases
$1,256Loan loss allowance
$0Trading account assets
$1,973Bank premises and fixed assets
$350Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,533All other assets
$89,487Total liabilities and capital
$81,865Total liabilities
$79,643Total deposits
$73,218Interest-bearing deposits
$79,643Deposits held in domestic offices
0.00%% insured (estimated)
$1,290Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$932All other liabilities
$7,622Total equity capital
$7,622Total bank equity capital
$7,622Perpetual preferred stock
$0Common stock
$960Surplus
$4,040Undivided profits
Memoranda
$2,622Noncurrent loans and leases
$4,196Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$506Earning assets
$0Long-term assets (5+ years)
$590Average Assets, year-to-date
$81,743Average Assets, quarterly
$9,989Volatile liabilities
$88,498Insider loans
$92,095FHLB advances
$10,869Loans and leases held for sale
$2,125Unused loan commitments
$0Tier 1 (core) risk-based capital
$45,000Tier 2 risk-based capital
$0Total risk weighted assets
$4,196Total unused commitments
$0Restructured Loans and leases
$763Derivatives

Income and Expense (December 31, 2000)

Dollar figures in thousands
$7,480Total interest income
$3,700Total interest expense
$3,780Net interest income
$235Provision for loan and lease losses
$710Total noninterest income
$0Fiduciary activities
$412Service charges on deposit accounts
$0Trading account gains & fees
$298Additional noninterest income
$2,830Total noninterest expense
$1,326Salaries and employee benefits
$349Premises and equipment expense
$1,155Additional noninterest expense
$1,425Pre-tax net operating income
-$1Securities gains (losses)
$450Applicable income taxes
$974Income before extraordinary items
$0Extraordinary gains - net
$974Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$49Sale, conversion, retirement of capital stock, net
$460Net operating income

Performance and Condition Ratios (December 31, 2000)

Dollar figures in thousands
Performance Ratios (%, annualized)
9.20%Yield on earning assets
4.55%Cost of funding earning assets
4.65%Net interest margin
0.87%Noninterest income to earning assets
3.48%Noninterest expense to earning assets
1.10%Net operating income to assets
1.10%Return on assets (ROA)
1.61%Pretax return on assets
13.71%Return on equity (ROE)
7.23%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
479.59%Credit loss provision to net charge-offs
33.88%Efficiency ratio
63,029Assets per employee
2.89%Cash dividends to net income (YTD only)
Condition Ratios (%)
47.23%Loss allowance to loans
2.11%Loss allowance to noncurrent loans
248.22%Noncurrent assets plus other real estate owned to assets
0.96%Noncurrent loans to loans
0.85%Net loans and leases to deposits
73.05%Net loans and leases to core deposits
83.04%Equity capital to assets
8.52%Core capital (leverage) ratio
8.14%Tier 1 risk-based capital ratio
12.64%Total risk-based capital ratio
Memoranda
$14Average assets
$88,498Average earning assets
$7,106Average equity
$81,340Average loans

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