First Bank of Georgia in city_name, state_name - Detailed Financial Reports, Location

First Bank of Georgia in Augusta, Georgia (GA)
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First Bank of Georgia routing number info

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First Bank of Georgia - Overview

General
FDIC Certificate #: 27423
Status: Active
Federal Reserve ID: 1356852
Bank Holding Company (Regulatory Top Holder): Georgia-Carolina Bancshares, Inc. (RSSDID: 2540292, Location: Augusta, GA)
Date Established: January 09, 1989
WWW: http://www.firstbankofga.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Domestic: 7, Interstate: No)
OTS Docket #: 15609
FDIC's unique #: 39894
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 09, 1989
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: 3527 Wheeler Road, Augusta, GA 30909
County: Richmond
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Savannah
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Augusta-Aiken, GA-SC (#600)
Core Based Statistical Area (CBSA): Augusta-Richmond County, GA-SC (#12260)
CBSA Metro Statistical Area: Augusta-Richmond County, GA-SC (#12260)
History of Changes
Change in Geographic Region/Area/Territory/Field Office
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $493.1 mil
Equity capital: $49.8 mil
Deposits held in domestic offices: $411.9 mil
Return on assets (ROA): 0.85% ($4.2 mil)
Quarterly return on assets: 0.78% ($3.8 mil)
Return on Equity (ROE): 9.03% ($4.5 mil)
Quarterly return on equity: 8.00% ($4.0 mil)
Net income: $4.3 mil
Quarterly Net income: $1.0 mil
Pretax return on assets: 1.23% ($6,064.8 mil)
Quarterly Pretax return on assets: 1.13% ($5,571.7 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
145Total employees (full-time equivalent)
$493,073Total assets
$34,902Cash and due from depository institutions
$28,450Interest-bearing balances
$100,283Securities
$0Federal funds sold & reverse repurchase agreements
$324,037Net loans & leases
$6,804Loan loss allowance
$0Trading account assets
$8,979Bank premises and fixed assets
$6,990Other real estate owned
$0Goodwill and other intangibles
$493,073Life insurance assets
$17,882All other assets
$443,270Total liabilities and capital
$411,888Total liabilities
$358,661Total deposits
$411,888Interest-bearing deposits
$82Deposits held in domestic offices
3565.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$25,000Trading liabilities
$0Other borrowed funds
$2,817Subordinated debt
$49,803All other liabilities
$49,803Total equity capital
$49,803Total bank equity capital
$0Perpetual preferred stock
$3,178Common stock
$16,323Surplus
$30,302Undivided profits
Memoranda
$0Noncurrent loans and leases
$45,227Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$8,052Income earned, not collected on loans
$0Earning assets
$1,732Long-term assets (5+ years)
$452,770Average Assets, year-to-date
$84,153Average Assets, quarterly
$503,850Volatile liabilities
$503,489Insider loans
$401,674FHLB advances
$499,681Loans and leases held for sale
$9,609Unused loan commitments
$9,609Tier 1 (core) risk-based capital
$48,652Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$46,923Restructured Loans and leases
$9,813Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$22,322Total interest income
$5,701Total interest expense
$16,621Net interest income
$1,727Provision for loan and lease losses
$10,505Total noninterest income
$0Fiduciary activities
$1,531Service charges on deposit accounts
$0Trading account gains & fees
$8,974Additional noninterest income
$19,230Total noninterest expense
$11,884Salaries and employee benefits
$1,547Premises and equipment expense
$5,799Additional noninterest expense
$6,169Pre-tax net operating income
$20Securities gains (losses)
$1,914Applicable income taxes
$4,275Income before extraordinary items
$0Extraordinary gains - net
$4,275Net income attributable to bank
$0Net charge-offs
$4,275Cash dividends
$2,789Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.76%Yield on earning assets
1.22%Cost of funding earning assets
3.54%Net interest margin
2.24%Noninterest income to earning assets
4.10%Noninterest expense to earning assets
0.85%Net operating income to assets
0.85%Return on assets (ROA)
1.23%Pretax return on assets
9.03%Return on equity (ROE)
9.03%Retained earnings to average equity (YTD only)
0.82%Net charge-offs to loans
61.92%Credit loss provision to net charge-offs
2.83%Efficiency ratio
70,891Assets per employee
3.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.06%Loss allowance to noncurrent loans
84.50%Noncurrent assets plus other real estate owned to assets
3.05%Noncurrent loans to loans
2.43%Net loans and leases to deposits
78.67%Net loans and leases to core deposits
96.26%Equity capital to assets
10.10%Core capital (leverage) ratio
9.74%Tier 1 risk-based capital ratio
12.11%Total risk-based capital ratio
Memoranda
$13Average assets
$503,850Average earning assets
$47,324Average equity
$468,862Average loans

List of branches

7 Georgia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	39894	First Bank Of Georgia	3527 Wheeler Road, Augusta, GA 30909	January 09, 1989	Full Service Brick and Mortar
3	261990	Daniel Village Branch	2805 Wrightsboro Road, Augusta, GA 30909	Febuary 23, 1999	Full Service Brick and Mortar
4	261991	West Town Branch	3820 Washington Road, Martinez, GA 30907	October 18, 1999	Full Service Brick and Mortar
5	359552	Medical Center Branch	1580 Walton Way, Augusta, GA 30904	January 16, 2001	Full Service Brick and Mortar
6	363456	Furys Ferry Branch	375 Furys Ferry Road, Martinez, GA 30907	April 01, 2002	Full Service Brick and Mortar
7	418484	Messenger Service Branch	110 East Hill Street, Thomson, GA 30824	March 01, 1999	Limited Service Messenger
8	444879	Hill Street Branch	110 East Hill Street, Thomson, GA 30824	September 12, 2005	Full Service Brick and Mortar

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

First Bank of Georgia - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

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

First Bank of Georgia - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

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