First Bank of Dalton in Dalton, Georgia (GA)



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First Bank of Dalton routing number info

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First Bank of Dalton
GeneralFDIC Certificate #: 34116
Status: Active
Federal Reserve ID: 2349459
Bank Holding Company (Regulatory Top Holder): Fbd Holding Company, Inc. (RSSDID: 2349440, Location: Dalton, GA)
Date Established: January 08, 1996
WWW: http://www.firstbankofdalton.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 56259
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 08, 1996
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 118 North Hamilton Street, Dalton, GA 30721
County: Whitfield
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
Core Based Statistical Area (CBSA): Dalton, GA (#19140)
CBSA Metro Statistical Area: Dalton, GA (#19140)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $177.5 mil
Equity capital: $15.3 mil
Deposits held in domestic offices: $161.7 mil
Return on assets (ROA): 0.21% ($0.4 mil)
Quarterly return on assets: 0.11% ($0.2 mil)
Return on Equity (ROE): 2.55% ($0.4 mil)
Quarterly return on equity: 1.31% ($0.2 mil)
Net income: $0.4 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.32% ($567.9 mil)
Quarterly Pretax return on assets: 0.18% ($319.5 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)39
Total assets$177,475
Cash and due from depository institutions$5,333
Interest-bearing balances$1,321
Securities$43,253
Federal funds sold & reverse repurchase agreements$1,967
Net loans & leases$115,856
Loan loss allowance $2,737
Trading account assets$0
Bank premises and fixed assets$2,331
Other real estate owned$7,124
Goodwill and other intangibles$0
All other assets$1,611
Life insurance assets$177,475
Total liabilities and capital$162,190
Total liabilities$161,654
Total deposits$145,209
Interest-bearing deposits$161,654
Deposits held in domestic offices$86
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $536
All other liabilities $15,285
Total equity capital$15,285
Total bank equity capital$15,285
Perpetual preferred stock$0
Common stock$3,648
Surplus$15,579
Undivided profits $-3,942
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $295
Income earned, not collected on loans $5,012
Earning assets $0
Long-term assets (5+ years) $747
Average Assets, year-to-date $162,397
Average Assets, quarterly $38,892
Volatile liabilities $179,709
Insider loans $179,303
FHLB advances $124,906
Loans and leases held for sale $179,782
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $15,023
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $15,720
Derivatives$13,061
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $8,428
Total interest expense $2,430
Net interest income $5,998
Provision for loan and lease losses $942
Total noninterest income $703
Fiduciary activities $0
Service charges on deposit accounts $669
Trading account gains & fees $0
Additional noninterest income $34
Total noninterest expense $5,612
Salaries and employee benefits $2,603
Premises and equipment expense $687
Additional noninterest expense $2,322
Pre-tax net operating income $147
Securities gains (losses) $424
Applicable income taxes $198
Income before extraordinary items $373
Extraordinary gains - net $0
Net income attributable to bank $373
Net charge-offs $0
Cash dividends $373
Sale, conversion, retirement of capital stock, net $573
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.14%
Cost of funding earning assets 1.48%
Net interest margin 3.65%
Noninterest income to earning assets 0.43%
Noninterest expense to earning assets 3.42%
Net operating income to assets 0.05%
Return on assets (ROA) 0.21%
Pretax return on assets 0.32%
Return on equity (ROE) 2.55%
Retained earnings to average equity (YTD only) 2.55%
Net charge-offs to loans 0.55%
Credit loss provision to net charge-offs 164.40%
Efficiency ratio1.90%
Assets per employee$83,749
Cash dividends to net income (YTD only)4.55%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.31%
Noncurrent assets plus other real estate owned to assets 54.61%
Noncurrent loans to loans 6.84%
Net loans and leases to deposits4.23%
Net loans and leases to core deposits 71.67%
Equity capital to assets 74.93%
Core capital (leverage) ratio 8.61%
Tier 1 risk-based capital ratio 8.36%
Total risk-based capital ratio 12.03%
Memoranda
Average assets$13
Average earning assets$179,709
Average equity $14,613
Average loans $164,112
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4 Georgia Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
056259First Bank Of Dalton118 North Hamilton Street, Dalton, GA 30721January 08, 1996Full Service Brick and Mortar
1356817Walnut Avenue Branch3075 East Walnut Avenue, Dalton, GA 30721January 12, 2000Full Service Brick and Mortar
2422895Cleveland Highway Office Branch2518 Cleveland Highway, Suite 15, Dalton, GA 30721July 21, 2003Limited Service Facility
3452333Shugart Road Office Branch785 Shugart Road, Dalton, GA 30720June 13, 2006Full Service Brick and Mortar
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