First Chatham Bank in Savannah, Georgia (GA)



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First Chatham Bank routing number info

Table of contents:
First Chatham Bank
GeneralFDIC Certificate #: 57252
Status: Active
Federal Reserve ID: 3075474
Bank Holding Company (Regulatory Top Holder): Fcb Financial Corp. (RSSDID: 3031902, Location: Savannah, GA)
Date Established: January 23, 2002
WWW: http://www.firstchatham.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 9 (Domestic: 9, Interstate: No)
FDIC's unique #: 360133
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 23, 2002
Last Structure Change Effective Date: January 01, 2007
Last Structure Change Process Date: November 13, 2007
Last Data Update: November 13, 2007
Data Source Date: April 05, 2012
LocationAddress: 111 Barnard Street, Savannah, GA 31401
County: Chatham
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): Savannah, GA (#7520)
Combined Statistical Area (CSA): Savannah-Hinesville-Fort Stewart, GA (#496)
Core Based Statistical Area (CBSA): Savannah, GA (#42340)
CBSA Metro Statistical Area: Savannah, GA (#42340)
History of ChangesChange in Geographic Region/Area/Territory/Field Office
Financial SummaryTotal assets: $521.5 mil
Equity capital: $17.1 mil
Deposits held in domestic offices: $430.7 mil
Return on assets (ROA): -1.54% (-$8.0 mil)
Quarterly return on assets: -3.52% (-$18.3 mil)
Return on Equity (ROE): -40.09% (-$6.8 mil)
Quarterly return on equity: -96.13% (-$16.3 mil)
Net income: -$8.7 mil
Quarterly Net income: -$4.7 mil
Pretax return on assets: -1.03% (-$5,371.3 mil)
Quarterly Pretax return on assets: -2.53% (-$13,193.7 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)94
Total assets$521,490
Cash and due from depository institutions$33,915
Interest-bearing balances$24,942
Securities$67,905
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$353,133
Loan loss allowance $9,441
Trading account assets$0
Bank premises and fixed assets$13,714
Other real estate owned$22,961
Goodwill and other intangibles$5,833
All other assets$24,029
Life insurance assets$521,490
Total liabilities and capital$498,660
Total liabilities$430,719
Total deposits$391,325
Interest-bearing deposits$430,719
Deposits held in domestic offices$96
% insured (estimated)10000.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$51,500
Other borrowed funds $0
Subordinated debt $6,441
All other liabilities $22,830
Total equity capital$17,092
Total bank equity capital$17,092
Perpetual preferred stock$0
Common stock$800
Surplus$39,075
Undivided profits $-22,783
Memoranda
Noncurrent loans and leases $5,738
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $78,044
Income earned, not collected on loans $46,534
Earning assets $0
Long-term assets (5+ years) $1,845
Average Assets, year-to-date $445,980
Average Assets, quarterly $91,337
Volatile liabilities $564,500
Insider loans $531,197
FHLB advances $402,367
Loans and leases held for sale $525,807
Unused loan commitments $11,753
Tier 1 (core) risk-based capital $11,753
Tier 2 risk-based capital $20,551
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $26,757
Derivatives$6,981
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $20,372
Total interest expense $8,864
Net interest income $11,508
Provision for loan and lease losses $9,104
Total noninterest income $13,904
Fiduciary activities $0
Service charges on deposit accounts $1,130
Trading account gains & fees $0
Additional noninterest income $12,774
Total noninterest expense $19,619
Salaries and employee benefits $8,815
Premises and equipment expense $2,155
Additional noninterest expense $8,649
Pre-tax net operating income -$3,311
Securities gains (losses) -$434
Applicable income taxes $2,880
Income before extraordinary items -$6,625
Extraordinary gains - net $0
Net income attributable to bank -$8,673
Net charge-offs $2,048
Cash dividends -$6,625
Sale, conversion, retirement of capital stock, net $11,438
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 assets4.15%
Cost of funding earning assets 1.80%
Net interest margin 2.34%
Noninterest income to earning assets 2.83%
Noninterest expense to earning assets 3.99%
Net operating income to assets -1.10%
Return on assets (ROA) -1.54%
Pretax return on assets -1.03%
Return on equity (ROE) -40.09%
Retained earnings to average equity (YTD only) -40.09%
Net charge-offs to loans 2.92%
Credit loss provision to net charge-offs 79.59%
Efficiency ratio0.51%
Assets per employee$77,105
Cash dividends to net income (YTD only)5.55%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.60%
Noncurrent assets plus other real estate owned to assets 20.29%
Noncurrent loans to loans 13.33%
Net loans and leases to deposits12.83%
Net loans and leases to core deposits 81.99%
Equity capital to assets 88.13%
Core capital (leverage) ratio 3.28%
Tier 1 risk-based capital ratio 3.91%
Total risk-based capital ratio 5.11%
Memoranda
Average assets$6
Average earning assets$564,500
Average equity $21,634
Average loans $491,458
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9 Georgia Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0360133First Chatham Bank111 Barnard Street, Savannah, GA 31401January 23, 2002Full Service Brick and Mortar
2363046Oglethorpe Mall Branch7917 Abercorn Street, Savannah, GA 31406January 23, 2002Limited Service Messenger
3365727Pooler Branch Office196 Pooler Parkway, Pooler, GA 31322October 07, 2002Full Service Brick and Mortar
4429737Memorial Drive Branch7401 Hodgson Memorial Drive, Savannah, GA 31406April 19, 2004Full Service Brick and Mortar
5442603Wilmington Island Branch454 Johnny Mercer Blvd, Savannah, GA 31410June 30, 2005Full Service Brick and Mortar
6449880Rincon Branch5633 Highway 21, South, Rincon, GA 31326March 14, 2006Full Service Brick and Mortar
7456599Richmond Hill Branch9943 Ford Avenue, Richmond Hill, GA 31324November 13, 2006Full Service Brick and Mortar
8457588Springfield Branch203 South Laurel Street, Springfield, GA 31329January 03, 2007Full Service Brick and Mortar
10473866Glynn Isles Branch550 Glynn Isles, Brunswick, GA 31525April 01, 2008Full Service Brick and Mortar
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