First Federal Savings Bank of Georgia, F.A. in Winder, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 05, 1993

  • First Federal Savings Bank of Georgia, F.A. in Winder, Georgia (GA)
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First Federal Savings Bank of Georgia, F.A. - Overview

  • General
  • FDIC Certificate #: 33737
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Main Street Bank (#33236)
    Federal Reserve ID: 866475
    Date Established: November 06, 1992
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 10457
    FDIC's unique #: 47928
    Numeric code: 38
    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: November 06, 1992
    Last Structure Change Effective Date: November 05, 1993
    Last Structure Change Process Date: November 19, 1993
    Last Data Update: August 02, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 202 East Athens Street, Winder, GA 30680
    County: Barrow
    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)
  • History of Changes
  • Pass Through Receivership Merger
    Corrections
    Conservatorship Institution Resolved
  • Financial Summary
  • Total assets: $78.2 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $68Total assets
  • $97,248Cash and due from depository institutions
  • $7,327Interest-bearing balances
  • $6,595Securities
  • $3,630Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $76,305Loan loss allowance
  • $2,152Trading account assets
  • $0Bank premises and fixed assets
  • $2,169Other real estate owned
  • $6,654Goodwill and other intangibles
  • $1,163Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $97,248Total liabilities
  • $97,746Total deposits
  • $80,726Interest-bearing deposits
  • $79,259Deposits held in domestic offices
  • 80726.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $16,800Subordinated debt
  • $0All other liabilities
  • $220Total equity capital
  • $220Total bank equity capital
  • $-498Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-498Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,110Income earned, not collected on loans
  • $666Earning assets
  • $86,530Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $97,248Average Assets, quarterly
  • $97,248Volatile liabilities
  • $19,149Insider loans
  • $0FHLB advances
  • $6,800Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-498Total risk weighted assets
  • $69,752Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,064Total interest expense
  • $731Net interest income
  • $333Provision for loan and lease losses
  • $0Total noninterest income
  • $35Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $35Total noninterest expense
  • $496Salaries and employee benefits
  • $243Premises and equipment expense
  • $102Additional noninterest expense
  • $151Pre-tax net operating income
  • -$128Securities gains (losses)
  • $0Applicable income taxes
  • $0Income before extraordinary items
  • -$128Extraordinary gains - net
  • $0Net income attributable to bank
  • -$128Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • -$4,315Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 1.23%Cost of funding earning assets
  • 0.84%Net interest margin
  • 0.38%Noninterest income to earning assets
  • 0.04%Noninterest expense to earning assets
  • 0.57%Net operating income to assets
  • -0.13%Return on assets (ROA)
  • -0.13%Pretax return on assets
  • -0.13%Return on equity (ROE)
  • 25.70%Retained earnings to average equity (YTD only)
  • 25.70%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 134,783Assets per employee
  • 1.43%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.74%Loss allowance to noncurrent loans
  • 69.20%Noncurrent assets plus other real estate owned to assets
  • 10.04%Noncurrent loans to loans
  • 3.96%Net loans and leases to deposits
  • 94.52%Net loans and leases to core deposits
  • 97.36%Equity capital to assets
  • -0.51%Core capital (leverage) ratio
  • -0.51%Tier 1 risk-based capital ratio
  • -0.71%Total risk-based capital ratio
  • Memoranda
  • -$1Average assets
  • $97,248Average earning assets
  • -$498Average equity
  • $86,530Average loans

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