First American Federal Savings Bank in Dalton, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 31, 2000

  • First American Federal Savings Bank in Dalton, Georgia (GA)
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First American Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 27833
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: AmSouth Bank (#26800)
    Federal Reserve ID: 641878
    Date Established: January 01, 1920
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 360
    FDIC's unique #: 40667
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: Febuary 11, 1935
    Last Structure Change Effective Date: March 31, 2000
    Last Structure Change Process Date: May 18, 2000
    Last Data Update: May 18, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 North Hamilton Street, Dalton, GA 30720
    County: Whitfield
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Richmond
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Dalton, GA (#19140)
    CBSA Metro Statistical Area: Dalton, GA (#19140)
  • Financial Summary
  • Total assets: $207.8 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, 1999)

  • Dollar figures in thousands
  • 16Total employees (full-time equivalent)
  • $207,779Total assets
  • $9,310Cash and due from depository institutions
  • $1,191Interest-bearing balances
  • $80,959Securities
  • $12,918Federal funds sold & reverse repurchase agreements
  • $87,768Net loans & leases
  • $2,276Loan loss allowance
  • $0Trading account assets
  • $2,686Bank premises and fixed assets
  • $22Other real estate owned
  • $6,370Goodwill and other intangibles
  • $0Life insurance assets
  • $7,746All other assets
  • $207,779Total liabilities and capital
  • $159,688Total liabilities
  • $104,224Total deposits
  • $104,224Interest-bearing deposits
  • $104,224Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $45,967Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $9,497All other liabilities
  • $48,091Total equity capital
  • $48,091Total bank equity capital
  • $48,091Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $63,405Undivided profits
  • Memoranda
  • $-15,314Noncurrent loans and leases
  • $17,601Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,396Earning assets
  • $0Long-term assets (5+ years)
  • $489Average Assets, year-to-date
  • $182,836Average Assets, quarterly
  • $0Volatile liabilities
  • $243,497Insider loans
  • $243,676FHLB advances
  • $60,011Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $17,601Total unused commitments
  • $0Restructured Loans and leases
  • $1,217Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $15,884Total interest income
  • $9,031Total interest expense
  • $6,853Net interest income
  • $360Provision for loan and lease losses
  • $1,046Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,046Additional noninterest income
  • $6,803Total noninterest expense
  • $1,610Salaries and employee benefits
  • $804Premises and equipment expense
  • $4,389Additional noninterest expense
  • $736Pre-tax net operating income
  • $0Securities gains (losses)
  • $687Applicable income taxes
  • $49Income before extraordinary items
  • $0Extraordinary gains - net
  • $49Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,111Sale, conversion, retirement of capital stock, net
  • $558Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.76%Yield on earning assets
  • 4.41%Cost of funding earning assets
  • 3.35%Net interest margin
  • 0.51%Noninterest income to earning assets
  • 3.32%Noninterest expense to earning assets
  • 0.02%Net operating income to assets
  • 0.02%Return on assets (ROA)
  • 0.30%Pretax return on assets
  • 0.11%Return on equity (ROE)
  • -1.12%Retained earnings to average equity (YTD only)
  • 1.11%Net charge-offs to loans
  • 32.40%Credit loss provision to net charge-offs
  • 0.99%Efficiency ratio
  • 74,782Assets per employee
  • 12.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 1138.78%Loss allowance to loans
  • 2.53%Loss allowance to noncurrent loans
  • 94.99%Noncurrent assets plus other real estate owned to assets
  • 1.16%Noncurrent loans to loans
  • 2.66%Net loans and leases to deposits
  • 84.21%Net loans and leases to core deposits
  • 97.33%Equity capital to assets
  • 23.15%Core capital (leverage) ratio
  • 20.99%Tier 1 risk-based capital ratio
  • 44.04%Total risk-based capital ratio
  • Memoranda
  • $45Average assets
  • $243,497Average earning assets
  • $45,500Average equity
  • $204,752Average loans

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