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

First Bank of Dalton - Overview

  • General
  • FDIC 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
    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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 39Total employees (full-time equivalent)
  • $177,475Total assets
  • $5,333Cash and due from depository institutions
  • $1,321Interest-bearing balances
  • $43,253Securities
  • $1,967Federal funds sold & reverse repurchase agreements
  • $115,856Net loans & leases
  • $2,737Loan loss allowance
  • $0Trading account assets
  • $2,331Bank premises and fixed assets
  • $7,124Other real estate owned
  • $0Goodwill and other intangibles
  • $177,475Life insurance assets
  • $1,611All other assets
  • $162,190Total liabilities and capital
  • $161,654Total liabilities
  • $145,209Total deposits
  • $161,654Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $536Subordinated debt
  • $15,285All other liabilities
  • $15,285Total equity capital
  • $15,285Total bank equity capital
  • $0Perpetual preferred stock
  • $3,648Common stock
  • $15,579Surplus
  • $-3,942Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $295Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,012Income earned, not collected on loans
  • $0Earning assets
  • $747Long-term assets (5+ years)
  • $162,397Average Assets, year-to-date
  • $38,892Average Assets, quarterly
  • $179,709Volatile liabilities
  • $179,303Insider loans
  • $124,906FHLB advances
  • $179,782Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $15,023Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $15,720Restructured Loans and leases
  • $13,061Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,428Total interest income
  • $2,430Total interest expense
  • $5,998Net interest income
  • $942Provision for loan and lease losses
  • $703Total noninterest income
  • $0Fiduciary activities
  • $669Service charges on deposit accounts
  • $0Trading account gains & fees
  • $34Additional noninterest income
  • $5,612Total noninterest expense
  • $2,603Salaries and employee benefits
  • $687Premises and equipment expense
  • $2,322Additional noninterest expense
  • $147Pre-tax net operating income
  • $424Securities gains (losses)
  • $198Applicable income taxes
  • $373Income before extraordinary items
  • $0Extraordinary gains - net
  • $373Net income attributable to bank
  • $0Net charge-offs
  • $373Cash dividends
  • $573Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.14%Yield on earning assets
  • 1.48%Cost of funding earning assets
  • 3.65%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 3.42%Noninterest expense to earning assets
  • 0.05%Net operating income to assets
  • 0.21%Return on assets (ROA)
  • 0.32%Pretax return on assets
  • 2.55%Return on equity (ROE)
  • 2.55%Retained earnings to average equity (YTD only)
  • 0.55%Net charge-offs to loans
  • 164.40%Credit loss provision to net charge-offs
  • 1.90%Efficiency ratio
  • 83,749Assets per employee
  • 4.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.31%Loss allowance to noncurrent loans
  • 54.61%Noncurrent assets plus other real estate owned to assets
  • 6.84%Noncurrent loans to loans
  • 4.23%Net loans and leases to deposits
  • 71.67%Net loans and leases to core deposits
  • 74.93%Equity capital to assets
  • 8.61%Core capital (leverage) ratio
  • 8.36%Tier 1 risk-based capital ratio
  • 12.03%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $179,709Average earning assets
  • $14,613Average equity
  • $164,112Average loans

List of branches

  • 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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