First Citizens Bank of Georgia in Dawsonville, Georgia (GA)

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First Citizens Bank of Georgia routing number info

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First Citizens Bank of Georgia
GeneralFDIC Certificate #: 58421
Status: Active
Federal Reserve ID: 3549180
Bank Holding Company (Regulatory Top Holder): First Citizens Financial Corporation (RSSDID: 3549171, Location: Dawsonville, GA)
Date Established: March 05, 2007
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 451399
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: March 05, 2007
Last Structure Change Effective Date: May 09, 2008
Last Structure Change Process Date: December 04, 2008
Last Data Update: December 04, 2008
Data Source Date: April 05, 2012
LocationAddress: 70 Carlisle Road, Dawsonville, GA 30534
County: Dawson
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 ChangesChange in Location
Financial SummaryTotal assets: $102.4 mil
Equity capital: $3.3 mil
Deposits held in domestic offices: $93.9 mil
Return on assets (ROA): -0.89% (-$0.9 mil)
Quarterly return on assets: -3.85% (-$3.9 mil)
Return on Equity (ROE): -24.89% (-$0.7 mil)
Quarterly return on equity: -101.64% (-$3.0 mil)
Net income: -$1.0 mil
Quarterly Net income: -$1.0 mil
Pretax return on assets: -0.89% (-$911.0 mil)
Quarterly Pretax return on assets: -3.85% (-$3,941.0 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)20
Total assets$102,364
Cash and due from depository institutions$5,805
Interest-bearing balances$5,171
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$62,418
Loan loss allowance $1,999
Trading account assets$0
Bank premises and fixed assets$7,506
Other real estate owned$10,960
Goodwill and other intangibles$0
All other assets$1,473
Life insurance assets$102,364
Total liabilities and capital$99,038
Total liabilities$93,860
Total deposits$86,594
Interest-bearing deposits$93,860
Deposits held in domestic offices$99
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$5,000
Other borrowed funds $0
Subordinated debt $178
All other liabilities $3,326
Total equity capital$3,326
Total bank equity capital$3,326
Perpetual preferred stock$0
Common stock$5,750
Undivided profits $-12,466
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $7,085
Earning assets $0
Long-term assets (5+ years) $443
Average Assets, year-to-date $81,791
Average Assets, quarterly $19,112
Volatile liabilities $112,196
Insider loans $104,763
FHLB advances $86,020
Loans and leases held for sale $104,487
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $3,145
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $4,953
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,050
Total interest expense $1,803
Net interest income $3,247
Provision for loan and lease losses $1,150
Total noninterest income $473
Fiduciary activities $0
Service charges on deposit accounts $99
Trading account gains & fees $0
Additional noninterest income $374
Total noninterest expense $3,968
Salaries and employee benefits $1,564
Premises and equipment expense $565
Additional noninterest expense $1,839
Pre-tax net operating income -$1,398
Securities gains (losses) $397
Applicable income taxes $0
Income before extraordinary items -$1,001
Extraordinary gains - net $0
Net income attributable to bank -$1,001
Net charge-offs $0
Cash dividends -$1,001
Sale, conversion, retirement of capital stock, net $1,334
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 assets5.44%
Cost of funding earning assets 1.94%
Net interest margin 3.50%
Noninterest income to earning assets 0.51%
Noninterest expense to earning assets 4.27%
Net operating income to assets -1.25%
Return on assets (ROA) -0.89%
Pretax return on assets -0.89%
Return on equity (ROE) -24.89%
Retained earnings to average equity (YTD only) -24.89%
Net charge-offs to loans 1.95%
Credit loss provision to net charge-offs 86.21%
Efficiency ratio-0.19%
Assets per employee$106,667
Cash dividends to net income (YTD only)5.12%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 3.10%
Noncurrent assets plus other real estate owned to assets 28.21%
Noncurrent loans to loans 17.63%
Net loans and leases to deposits11.00%
Net loans and leases to core deposits 66.50%
Equity capital to assets 69.81%
Core capital (leverage) ratio 3.25%
Tier 1 risk-based capital ratio 3.01%
Total risk-based capital ratio 3.66%
Average assets$5
Average earning assets$112,196
Average equity $4,022
Average loans $92,877
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2 Georgia Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0451399First Citizens Bank Of Georgia70 Carlisle Road, Dawsonville, GA 30534March 05, 2007Full Service Brick and Mortar
1488800Cumming Branch5835 Bethelview Road, Cumming, GA 30040December 26, 2008Full Service Brick and Mortar
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