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

First Bank of Pike - Overview

  • General
  • FDIC Certificate #: 9070
    Status: Active
    Federal Reserve ID: 760939
    Date Established: January 01, 1899
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 5806
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    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: 50 Springs Road, Molena, GA 30258
    County: Pike
    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
    Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
    Core Based Statistical Area (CBSA): Atlanta-Sandy Springs-Marietta, GA (#12060)
    CBSA Metro Statistical Area: Atlanta-Sandy Springs-Marietta, GA (#12060)
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $44.7 mil
    Equity capital: $4.5 mil
    Deposits held in domestic offices: $40.2 mil
    Return on assets (ROA): 0.31% ($0.1 mil)
    Quarterly return on assets: 0.76% ($0.3 mil)
    Return on Equity (ROE): 2.77% ($0.1 mil)
    Quarterly return on equity: 7.02% ($0.3 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.31% ($138.6 mil)
    Quarterly Pretax return on assets: 0.50% ($223.6 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
  • 17Total employees (full-time equivalent)
  • $44,723Total assets
  • $10,016Cash and due from depository institutions
  • $0Interest-bearing balances
  • $6,169Securities
  • $256Federal funds sold & reverse repurchase agreements
  • $24,761Net loans & leases
  • $283Loan loss allowance
  • $0Trading account assets
  • $578Bank premises and fixed assets
  • $1,437Other real estate owned
  • $0Goodwill and other intangibles
  • $44,723Life insurance assets
  • $1,506All other assets
  • $40,264Total liabilities and capital
  • $40,187Total liabilities
  • $32,758Total deposits
  • $40,187Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $77Subordinated debt
  • $4,459All other liabilities
  • $4,459Total equity capital
  • $4,459Total bank equity capital
  • $266Perpetual preferred stock
  • $450Common stock
  • $1,284Surplus
  • $2,459Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $175Income earned, not collected on loans
  • $0Earning assets
  • $187Long-term assets (5+ years)
  • $31,186Average Assets, year-to-date
  • $500Average Assets, quarterly
  • $39,582Volatile liabilities
  • $41,143Insider loans
  • $23,757FHLB advances
  • $39,350Loans and leases held for sale
  • $1,200Unused loan commitments
  • $592Tier 1 (core) risk-based capital
  • $4,459Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $608Total unused commitments
  • $559Restructured Loans and leases
  • $308Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,107Total interest income
  • $399Total interest expense
  • $1,708Net interest income
  • $85Provision for loan and lease losses
  • $184Total noninterest income
  • $0Fiduciary activities
  • $226Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$42Additional noninterest income
  • $1,686Total noninterest expense
  • $860Salaries and employee benefits
  • $227Premises and equipment expense
  • $599Additional noninterest expense
  • $121Pre-tax net operating income
  • $0Securities gains (losses)
  • -$2Applicable income taxes
  • $123Income before extraordinary items
  • $0Extraordinary gains - net
  • $123Net income attributable to bank
  • $0Net charge-offs
  • $123Cash dividends
  • $113Sale, conversion, retirement of capital stock, net
  • $51Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.58%Yield on earning assets
  • 1.25%Cost of funding earning assets
  • 5.34%Net interest margin
  • 0.57%Noninterest income to earning assets
  • 5.27%Noninterest expense to earning assets
  • 0.31%Net operating income to assets
  • 0.31%Return on assets (ROA)
  • 0.31%Pretax return on assets
  • 2.77%Return on equity (ROE)
  • 1.62%Retained earnings to average equity (YTD only)
  • 0.44%Net charge-offs to loans
  • 75.22%Credit loss provision to net charge-offs
  • 1.82%Efficiency ratio
  • 89,112Assets per employee
  • 2.63%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 41.46%Loss allowance to loans
  • 1.13%Loss allowance to noncurrent loans
  • 161.71%Noncurrent assets plus other real estate owned to assets
  • 3.60%Noncurrent loans to loans
  • 0.70%Net loans and leases to deposits
  • 61.61%Net loans and leases to core deposits
  • 64.49%Equity capital to assets
  • 9.97%Core capital (leverage) ratio
  • 11.33%Tier 1 risk-based capital ratio
  • 18.77%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $39,582Average earning assets
  • $4,444Average equity
  • $32,013Average loans

List of branches

  • 3 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05806First Bank Of Pike50 Springs Road, Molena, GA 30258January 01, 1899Full Service Brick and Mortar
    1219375Concord Branch9700 Ga Hwy 18, Concord, GA 30206August 07, 1990Full Service Brick and Mortar
    2219376Zebulon Branch370 Thomaston Street, Zebulon, GA 30295Febuary 19, 1991Full Service Brick and Mortar

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First Bank of Pike.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents