FDIC Certificate #: 34580 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Atlantic Southern Bank (#57213) Federal Reserve ID: 2704188 Date Established: June 15, 1998 WWW:http://www.fcbga.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 60639 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: June 15, 1998 Last Structure Change Effective Date: January 31, 2007 Last Structure Change Process Date: Febuary 15, 2007 Last Data Update: Febuary 15, 2007 Data Source Date: April 05, 2012
Location
Address: 300 North Dugger Avenue, Roberta, GA 31078 County: Crawford 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): Macon-Warner Robins-Fort Valley, GA (#356) Core Based Statistical Area (CBSA): Macon, GA (#31420) CBSA Metro Statistical Area: Macon, GA (#31420)
Financial Summary
Total assets: $69.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
26Total employees (full-time equivalent)
$69,684Total assets
$2,614Cash and due from depository institutions
$651Interest-bearing balances
$12,285Securities
$2,760Federal funds sold & reverse repurchase agreements
$48,807Net loans & leases
$885Loan loss allowance
$0Trading account assets
$2,109Bank premises and fixed assets
$10Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,099All other assets
$69,684Total liabilities and capital
$61,499Total liabilities
$58,090Total deposits
$46,528Interest-bearing deposits
$58,090Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,000Other borrowed funds
$0Subordinated debt
$409All other liabilities
$8,185Total equity capital
$8,185Total bank equity capital
$8,185Perpetual preferred stock
$0Common stock
$2,855Surplus
$2,831Undivided profits
Memoranda
$2,499Noncurrent loans and leases
$5,218Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$990Earning assets
$0Long-term assets (5+ years)
$575Average Assets, year-to-date
$64,503Average Assets, quarterly
$8,558Volatile liabilities
$70,222Insider loans
$71,019FHLB advances
$8,704Loans and leases held for sale
$1,105Unused loan commitments
$3,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,218Total unused commitments
$0Restructured Loans and leases
$657Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$5,124Total interest income
$1,757Total interest expense
$3,367Net interest income
$200Provision for loan and lease losses
$632Total noninterest income
$0Fiduciary activities
$418Service charges on deposit accounts
$0Trading account gains & fees
$214Additional noninterest income
$2,323Total noninterest expense
$1,288Salaries and employee benefits
$272Premises and equipment expense
$763Additional noninterest expense
$1,476Pre-tax net operating income
$3Securities gains (losses)
$489Applicable income taxes
$990Income before extraordinary items
$0Extraordinary gains - net
$990Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$14Sale, conversion, retirement of capital stock, net
$214Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.91%Yield on earning assets
2.71%Cost of funding earning assets
5.20%Net interest margin
0.98%Noninterest income to earning assets
3.59%Noninterest expense to earning assets
1.41%Net operating income to assets
1.41%Return on assets (ROA)
2.11%Pretax return on assets
12.92%Return on equity (ROE)
10.13%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
1428.57%Credit loss provision to net charge-offs
119.71%Efficiency ratio
58,090Assets per employee
2.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
21.62%Loss allowance to loans
1.78%Loss allowance to noncurrent loans
89.39%Noncurrent assets plus other real estate owned to assets
1.44%Noncurrent loans to loans
1.99%Net loans and leases to deposits
84.02%Net loans and leases to core deposits
98.83%Equity capital to assets
11.75%Core capital (leverage) ratio
11.75%Tier 1 risk-based capital ratio
15.73%Total risk-based capital ratio
Memoranda
$17Average assets
$70,222Average earning assets
$7,662Average equity
$64,787Average loans
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