Effingham Bank & Trust in Rincon, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1996

  • Effingham Bank & Trust in Rincon, Georgia (GA)
  • Show street view No street view available for this location

Effingham Bank & Trust - Overview

  • General
  • FDIC Certificate #: 27192
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Century South Bank of the Coastal Region, National Association (#26213)
    Federal Reserve ID: 1169333
    Date Established: March 14, 1988
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 39093
    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: March 14, 1988
    Last Structure Change Effective Date: October 01, 1996
    Last Structure Change Process Date: October 23, 1996
    Last Data Update: October 23, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 302 South Columbia Drive, Rincon, GA 31326
    County: Effingham
    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): Savannah, GA (#7520)
    Combined Statistical Area (CSA): Savannah-Hinesville-Fort Stewart, GA (#496)
    Core Based Statistical Area (CBSA): Savannah, GA (#42340)
    CBSA Metro Statistical Area: Savannah, GA (#42340)
  • Financial Summary
  • Total assets: $21.2 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)
  • $13Total assets
  • $24,726Cash and due from depository institutions
  • $1,771Interest-bearing balances
  • $4Securities
  • $4,230Federal funds sold & reverse repurchase agreements
  • $930Net loans & leases
  • $16,479Loan loss allowance
  • $242Trading account assets
  • $0Bank premises and fixed assets
  • $853Other real estate owned
  • $180Goodwill and other intangibles
  • $283Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $24,726Total liabilities
  • $22,659Total deposits
  • $21,353Interest-bearing deposits
  • $16,932Deposits held in domestic offices
  • 21353.00%% insured (estimated)
  • $86Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,100Subordinated debt
  • $0All other liabilities
  • $206Total equity capital
  • $206Total bank equity capital
  • $2,067Perpetual preferred stock
  • $0Common stock
  • $1,762Surplus
  • $1,661Undivided profits
  • Memoranda
  • $-1,356Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $633Income earned, not collected on loans
  • $97Earning assets
  • $21,643Long-term assets (5+ years)
  • $343Average Assets, year-to-date
  • $25,286Average Assets, quarterly
  • $24,808Volatile liabilities
  • $3,323Insider loans
  • $440FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,456Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,114Total risk weighted assets
  • $16,520Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,248Total interest expense
  • $987Net interest income
  • $1,261Provision for loan and lease losses
  • $70Total noninterest income
  • $366Fiduciary activities
  • $0Service charges on deposit accounts
  • $280Trading account gains & fees
  • $0Additional noninterest income
  • $86Total noninterest expense
  • $1,699Salaries and employee benefits
  • $724Premises and equipment expense
  • $213Additional noninterest expense
  • $762Pre-tax net operating income
  • -$142Securities gains (losses)
  • -$12Applicable income taxes
  • $0Income before extraordinary items
  • -$154Extraordinary gains - net
  • $0Net income attributable to bank
  • -$154Net charge-offs
  • $58Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $194Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 10.12%Cost of funding earning assets
  • 4.44%Net interest margin
  • 5.68%Noninterest income to earning assets
  • 1.65%Noninterest expense to earning assets
  • 7.65%Net operating income to assets
  • -0.56%Return on assets (ROA)
  • -0.61%Pretax return on assets
  • -0.61%Return on equity (ROE)
  • -7.56%Retained earnings to average equity (YTD only)
  • -7.56%Net charge-offs to loans
  • 0.34%Credit loss provision to net charge-offs
  • 122.81%Efficiency ratio
  • 104,425Assets per employee
  • 1.90%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.45%Loss allowance to noncurrent loans
  • 38.23%Noncurrent assets plus other real estate owned to assets
  • 3.29%Noncurrent loans to loans
  • 3.79%Net loans and leases to deposits
  • 77.17%Net loans and leases to core deposits
  • 86.14%Equity capital to assets
  • 8.36%Core capital (leverage) ratio
  • 8.44%Tier 1 risk-based capital ratio
  • 12.80%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $25,286Average earning assets
  • $2,038Average equity
  • $22,206Average loans

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