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

This bank is inactive as of October 21, 2011

  • Decatur First Bank in Decatur, Georgia (GA)
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Decatur First Bank - Overview

  • General
  • FDIC Certificate #: 34392
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: Fidelity Bank (#21440)
    Federal Reserve ID: 2534086
    Date Established: September 02, 1997
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 57155
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: September 02, 1997
    Last Structure Change Effective Date: October 21, 2011
    Last Structure Change Process Date: October 24, 2011
    Last Data Update: October 24, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1120 Commerce Drive, Decatur, GA 30030
    County: Dekalb
    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: $184.8 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, 2010)

  • Dollar figures in thousands
  • 36Total employees (full-time equivalent)
  • $197,785Total assets
  • $27,383Cash and due from depository institutions
  • $25,120Interest-bearing balances
  • $34,077Securities
  • $1,515Federal funds sold & reverse repurchase agreements
  • $113,894Net loans & leases
  • $3,037Loan loss allowance
  • $0Trading account assets
  • $4,057Bank premises and fixed assets
  • $12,083Other real estate owned
  • $0Goodwill and other intangibles
  • $1,843Life insurance assets
  • $4,776All other assets
  • $197,785Total liabilities and capital
  • $193,755Total liabilities
  • $180,998Total deposits
  • $162,147Interest-bearing deposits
  • $180,998Deposits held in domestic offices
  • 95.46%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $12,000Other borrowed funds
  • $0Subordinated debt
  • $757All other liabilities
  • $4,030Total equity capital
  • $4,030Total bank equity capital
  • $4,030Perpetual preferred stock
  • $0Common stock
  • $4,000Surplus
  • $12,737Undivided profits
  • Memoranda
  • $-12,707Noncurrent loans and leases
  • $11,252Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $10,287Earning assets
  • $0Long-term assets (5+ years)
  • $690Average Assets, year-to-date
  • $174,606Average Assets, quarterly
  • $36,319Volatile liabilities
  • $223,161Insider loans
  • $204,184FHLB advances
  • $48,428Loans and leases held for sale
  • $647Unused loan commitments
  • $12,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $11,252Total unused commitments
  • $3,748Restructured Loans and leases
  • $1,782Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $8,644Total interest income
  • $3,800Total interest expense
  • $4,844Net interest income
  • $3,552Provision for loan and lease losses
  • -$2,845Total noninterest income
  • $0Fiduciary activities
  • $349Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$3,194Additional noninterest income
  • $7,335Total noninterest expense
  • $2,765Salaries and employee benefits
  • $529Premises and equipment expense
  • $4,041Additional noninterest expense
  • -$8,888Pre-tax net operating income
  • $883Securities gains (losses)
  • $0Applicable income taxes
  • -$8,005Income before extraordinary items
  • $0Extraordinary gains - net
  • -$8,005Net income attributable to bank
  • $0Net charge-offs
  • -$8,005Cash dividends
  • $4,168Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.37%Yield on earning assets
  • 1.92%Cost of funding earning assets
  • 2.45%Net interest margin
  • -1.44%Noninterest income to earning assets
  • 3.71%Noninterest expense to earning assets
  • -3.98%Net operating income to assets
  • -3.59%Return on assets (ROA)
  • -3.59%Pretax return on assets
  • -103.04%Return on equity (ROE)
  • -103.04%Retained earnings to average equity (YTD only)
  • 3.21%Net charge-offs to loans
  • 85.22%Credit loss provision to net charge-offs
  • -1.28%Efficiency ratio
  • 366,933Assets per employee
  • 5.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.60%Loss allowance to noncurrent loans
  • 29.52%Noncurrent assets plus other real estate owned to assets
  • 11.31%Noncurrent loans to loans
  • 8.80%Net loans and leases to deposits
  • 62.93%Net loans and leases to core deposits
  • 85.91%Equity capital to assets
  • 2.04%Core capital (leverage) ratio
  • 2.31%Tier 1 risk-based capital ratio
  • 3.40%Total risk-based capital ratio
  • Memoranda
  • $5Average assets
  • $223,161Average earning assets
  • $7,769Average equity
  • $197,704Average loans

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