Community First Bank in Carrollton, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 11, 2002

  • Community First Bank in Carrollton, Georgia (GA)
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Community First Bank - Overview

  • General
  • FDIC Certificate #: 27887
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Branch Banking and Trust Company (#9846)
    Federal Reserve ID: 610771
    Date Established: January 01, 1929
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 12 (Interstate: No)
    OTS Docket #: 485
    FDIC's unique #: 40721
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    SAIF Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 28, 1935
    Last Structure Change Effective Date: May 11, 2002
    Last Structure Change Process Date: May 23, 2002
    Last Data Update: May 23, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 110 Dixie Street, Carrollton, GA 30117
    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: $557.1 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, 2001)

  • Dollar figures in thousands
  • 141Total employees (full-time equivalent)
  • $566,078Total assets
  • $13,761Cash and due from depository institutions
  • $1,506Interest-bearing balances
  • $35,846Securities
  • $30,464Federal funds sold & reverse repurchase agreements
  • $351,022Net loans & leases
  • $9,140Loan loss allowance
  • $0Trading account assets
  • $11,239Bank premises and fixed assets
  • $203Other real estate owned
  • $106,413Goodwill and other intangibles
  • $0Life insurance assets
  • $17,130All other assets
  • $566,078Total liabilities and capital
  • $433,736Total liabilities
  • $419,440Total deposits
  • $398,964Interest-bearing deposits
  • $419,440Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,683Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $12,613All other liabilities
  • $132,342Total equity capital
  • $132,342Total bank equity capital
  • $132,342Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $132,046Undivided profits
  • Memoranda
  • $295Noncurrent loans and leases
  • $36,572Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,950Earning assets
  • $0Long-term assets (5+ years)
  • $2,526Average Assets, year-to-date
  • $418,838Average Assets, quarterly
  • $98,212Volatile liabilities
  • $488,093Insider loans
  • $552,587FHLB advances
  • $77,049Loans and leases held for sale
  • $2,591Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $40,000Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $36,572Total unused commitments
  • $0Restructured Loans and leases
  • $4,306Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $2,674Total interest income
  • $1,430Total interest expense
  • $1,244Net interest income
  • $0Provision for loan and lease losses
  • $355Total noninterest income
  • $0Fiduciary activities
  • $279Service charges on deposit accounts
  • $0Trading account gains & fees
  • $76Additional noninterest income
  • $1,147Total noninterest expense
  • $628Salaries and employee benefits
  • $120Premises and equipment expense
  • $399Additional noninterest expense
  • $452Pre-tax net operating income
  • $0Securities gains (losses)
  • $150Applicable income taxes
  • $302Income before extraordinary items
  • $0Extraordinary gains - net
  • $302Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$481Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.62%Yield on earning assets
  • 0.33%Cost of funding earning assets
  • 0.29%Net interest margin
  • 0.08%Noninterest income to earning assets
  • 0.27%Noninterest expense to earning assets
  • 0.06%Net operating income to assets
  • 0.06%Return on assets (ROA)
  • 0.09%Pretax return on assets
  • 0.52%Return on equity (ROE)
  • 0.52%Retained earnings to average equity (YTD only)
  • -0.13%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 63,790Assets per employee
  • 4.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.54%Loss allowance to noncurrent loans
  • 468.72%Noncurrent assets plus other real estate owned to assets
  • 0.38%Noncurrent loans to loans
  • 0.54%Net loans and leases to deposits
  • 83.69%Net loans and leases to core deposits
  • 102.02%Equity capital to assets
  • 23.38%Core capital (leverage) ratio
  • 5.52%Tier 1 risk-based capital ratio
  • 7.64%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $488,093Average earning assets
  • $57,796Average equity
  • $431,173Average loans

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