First Citizens Bank in Newnan, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 15, 2000

  • First Citizens Bank in Newnan, Georgia (GA)
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First Citizens Bank - Overview

  • General
  • FDIC Certificate #: 30755
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Branch Banking and Trust Company (#9846)
    Federal Reserve ID: 212474
    Date Established: January 01, 1927
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 5859
    FDIC's unique #: 43589
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: July 01, 1955
    Last Structure Change Effective Date: July 15, 2000
    Last Structure Change Process Date: August 24, 2000
    Last Data Update: August 24, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 19 Jefferson St, Newnan, GA 30263
    County: Coweta
    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
    Metropolitan Statistical Area (MSA): Atlanta, GA (#520)
    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)
  • Financial Summary
  • Total assets: $258.8 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 115Total employees (full-time equivalent)
  • $241,664Total assets
  • $16,734Cash and due from depository institutions
  • $979Interest-bearing balances
  • $17,900Securities
  • $230Federal funds sold & reverse repurchase agreements
  • $197,709Net loans & leases
  • $2,354Loan loss allowance
  • $0Trading account assets
  • $2,887Bank premises and fixed assets
  • $875Other real estate owned
  • $148Goodwill and other intangibles
  • $0Life insurance assets
  • $5,181All other assets
  • $241,664Total liabilities and capital
  • $223,937Total liabilities
  • $195,741Total deposits
  • $195,741Interest-bearing deposits
  • $195,741Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $24,197Other borrowed funds
  • $0Subordinated debt
  • $3,999All other liabilities
  • $17,727Total equity capital
  • $17,727Total bank equity capital
  • $17,727Perpetual preferred stock
  • $0Common stock
  • $1,461Surplus
  • $5,876Undivided profits
  • Memoranda
  • $10,390Noncurrent loans and leases
  • $46,300Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $974Earning assets
  • $0Long-term assets (5+ years)
  • $1,272Average Assets, year-to-date
  • $216,818Average Assets, quarterly
  • $0Volatile liabilities
  • $233,094Insider loans
  • $233,724FHLB advances
  • $69,070Loans and leases held for sale
  • $3,421Unused loan commitments
  • $7,642Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $46,300Total unused commitments
  • $0Restructured Loans and leases
  • $2,304Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $17,393Total interest income
  • $8,666Total interest expense
  • $8,727Net interest income
  • $258Provision for loan and lease losses
  • $2,801Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,801Additional noninterest income
  • $11,190Total noninterest expense
  • $3,480Salaries and employee benefits
  • $5,839Premises and equipment expense
  • $1,871Additional noninterest expense
  • $80Pre-tax net operating income
  • $1,087Securities gains (losses)
  • $371Applicable income taxes
  • $796Income before extraordinary items
  • $0Extraordinary gains - net
  • $796Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $128Sale, conversion, retirement of capital stock, net
  • $350Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.39%Yield on earning assets
  • 4.18%Cost of funding earning assets
  • 4.21%Net interest margin
  • 1.35%Noninterest income to earning assets
  • 5.40%Noninterest expense to earning assets
  • 0.02%Net operating income to assets
  • 0.34%Return on assets (ROA)
  • 0.50%Pretax return on assets
  • 4.51%Return on equity (ROE)
  • 2.52%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 201.56%Credit loss provision to net charge-offs
  • 2.64%Efficiency ratio
  • 96,938Assets per employee
  • 2.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 43.97%Loss allowance to loans
  • 1.18%Loss allowance to noncurrent loans
  • 241.68%Noncurrent assets plus other real estate owned to assets
  • 0.40%Noncurrent loans to loans
  • 0.49%Net loans and leases to deposits
  • 101.01%Net loans and leases to core deposits
  • 131.05%Equity capital to assets
  • 7.34%Core capital (leverage) ratio
  • 6.86%Tier 1 risk-based capital ratio
  • 8.97%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $233,094Average earning assets
  • $17,665Average equity
  • $207,362Average loans

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