First Community Bank of Henry County in Mcdonough, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 07, 1999

  • First Community Bank of Henry County in Mcdonough, Georgia (GA)
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First Community Bank of Henry County - Overview

  • General
  • FDIC Certificate #: 25299
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Premier Bank (#26307)
    Federal Reserve ID: 599737
    Date Established: August 04, 1984
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 13118
    FDIC's unique #: 17502
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: August 04, 1984
    Last Structure Change Effective Date: May 07, 1999
    Last Structure Change Process Date: June 23, 1999
    Last Data Update: June 23, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 12 North Cedar Street, Mcdonough, GA 30253
    County: Henry
    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: $82.6 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, 1998)

  • Dollar figures in thousands
  • 22Total employees (full-time equivalent)
  • $79,857Total assets
  • $3,987Cash and due from depository institutions
  • $0Interest-bearing balances
  • $5,104Securities
  • $17,070Federal funds sold & reverse repurchase agreements
  • $48,228Net loans & leases
  • $371Loan loss allowance
  • $0Trading account assets
  • $2,505Bank premises and fixed assets
  • $272Other real estate owned
  • $2,000Goodwill and other intangibles
  • $0Life insurance assets
  • $691All other assets
  • $79,857Total liabilities and capital
  • $71,280Total liabilities
  • $69,977Total deposits
  • $59,379Interest-bearing deposits
  • $69,977Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $530Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $773All other liabilities
  • $8,577Total equity capital
  • $8,577Total bank equity capital
  • $8,577Perpetual preferred stock
  • $0Common stock
  • $1,510Surplus
  • $5,638Undivided profits
  • Memoranda
  • $1,429Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $612Earning assets
  • $0Long-term assets (5+ years)
  • $567Average Assets, year-to-date
  • $70,402Average Assets, quarterly
  • $4,839Volatile liabilities
  • $77,749Insider loans
  • $79,468FHLB advances
  • $12,596Loans and leases held for sale
  • $3,201Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $608Total risk weighted assets
  • $10,541Total unused commitments
  • $0Restructured Loans and leases
  • $55,189Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $6,341Total interest income
  • $3,269Total interest expense
  • $3,072Net interest income
  • $50Provision for loan and lease losses
  • $745Total noninterest income
  • $0Fiduciary activities
  • $290Service charges on deposit accounts
  • $0Trading account gains & fees
  • $455Additional noninterest income
  • $2,641Total noninterest expense
  • $1,416Salaries and employee benefits
  • $377Premises and equipment expense
  • $848Additional noninterest expense
  • $1,126Pre-tax net operating income
  • $64Securities gains (losses)
  • $564Applicable income taxes
  • $626Income before extraordinary items
  • $0Extraordinary gains - net
  • $626Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $224Sale, conversion, retirement of capital stock, net
  • $10Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.15%Yield on earning assets
  • 4.72%Cost of funding earning assets
  • 4.43%Net interest margin
  • 1.08%Noninterest income to earning assets
  • 3.81%Noninterest expense to earning assets
  • 0.75%Net operating income to assets
  • 0.81%Return on assets (ROA)
  • 1.53%Pretax return on assets
  • 7.46%Return on equity (ROE)
  • 7.34%Retained earnings to average equity (YTD only)
  • 0.43%Net charge-offs to loans
  • 22.32%Credit loss provision to net charge-offs
  • 5.25%Efficiency ratio
  • 64,344Assets per employee
  • 3.63%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 1.60%Loss allowance to loans
  • 0.76%Loss allowance to noncurrent loans
  • 60.62%Noncurrent assets plus other real estate owned to assets
  • 1.11%Noncurrent loans to loans
  • 1.26%Net loans and leases to deposits
  • 68.92%Net loans and leases to core deposits
  • 83.28%Equity capital to assets
  • 10.74%Core capital (leverage) ratio
  • 8.51%Tier 1 risk-based capital ratio
  • 12.08%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $77,749Average earning assets
  • $8,395Average equity
  • $69,291Average loans

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