First National Bank of Effingham in Springfield, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 12, 2001

  • First National Bank of Effingham in Springfield, Georgia (GA)
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First National Bank of Effingham - Overview

  • General
  • FDIC Certificate #: 32719
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Branch Banking and Trust Company (#9846)
    Federal Reserve ID: 1443912
    Date Established: December 07, 1989
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 12954
    FDIC's unique #: 45582
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: December 07, 1989
    Last Structure Change Effective Date: May 12, 2001
    Last Structure Change Process Date: June 26, 2001
    Last Data Update: June 26, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 501 South Laurel Street, Springfield, GA 31329
    County: Effingham
    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): Savannah, GA (#7520)
    Combined Statistical Area (CSA): Savannah-Hinesville-Fort Stewart, GA (#496)
    Core Based Statistical Area (CBSA): Savannah, GA (#42340)
    CBSA Metro Statistical Area: Savannah, GA (#42340)
  • Financial Summary
  • Total assets: $65.0 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, 2000)

  • Dollar figures in thousands
  • 26Total employees (full-time equivalent)
  • $65,157Total assets
  • $2,746Cash and due from depository institutions
  • $132Interest-bearing balances
  • $9,007Securities
  • $1,589Federal funds sold & reverse repurchase agreements
  • $48,957Net loans & leases
  • $499Loan loss allowance
  • $0Trading account assets
  • $1,558Bank premises and fixed assets
  • $215Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,085All other assets
  • $65,157Total liabilities and capital
  • $59,619Total liabilities
  • $47,121Total deposits
  • $39,941Interest-bearing deposits
  • $47,121Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $10,935Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $654Other borrowed funds
  • $0Subordinated debt
  • $909All other liabilities
  • $5,538Total equity capital
  • $5,538Total bank equity capital
  • $5,538Perpetual preferred stock
  • $0Common stock
  • $1,551Surplus
  • $1,551Undivided profits
  • Memoranda
  • $2,436Noncurrent loans and leases
  • $7,669Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $177Earning assets
  • $0Long-term assets (5+ years)
  • $707Average Assets, year-to-date
  • $59,685Average Assets, quarterly
  • $3,677Volatile liabilities
  • $65,001Insider loans
  • $65,551FHLB advances
  • $18,847Loans and leases held for sale
  • $1,734Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $7,669Total unused commitments
  • $0Restructured Loans and leases
  • $499Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $5,791Total interest income
  • $2,562Total interest expense
  • $3,229Net interest income
  • $590Provision for loan and lease losses
  • $576Total noninterest income
  • $0Fiduciary activities
  • $468Service charges on deposit accounts
  • $0Trading account gains & fees
  • $108Additional noninterest income
  • $2,407Total noninterest expense
  • $1,071Salaries and employee benefits
  • $463Premises and equipment expense
  • $873Additional noninterest expense
  • $808Pre-tax net operating income
  • -$88Securities gains (losses)
  • $278Applicable income taxes
  • $442Income before extraordinary items
  • $0Extraordinary gains - net
  • $442Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $767Sale, conversion, retirement of capital stock, net
  • $178Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.84%Yield on earning assets
  • 4.35%Cost of funding earning assets
  • 5.49%Net interest margin
  • 0.98%Noninterest income to earning assets
  • 4.09%Noninterest expense to earning assets
  • 0.77%Net operating income to assets
  • 0.68%Return on assets (ROA)
  • 1.11%Pretax return on assets
  • 8.64%Return on equity (ROE)
  • 5.16%Retained earnings to average equity (YTD only)
  • 1.57%Net charge-offs to loans
  • 76.92%Credit loss provision to net charge-offs
  • 1.82%Efficiency ratio
  • 63,259Assets per employee
  • 2.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.27%Loss allowance to loans
  • 1.01%Loss allowance to noncurrent loans
  • 281.92%Noncurrent assets plus other real estate owned to assets
  • 0.60%Noncurrent loans to loans
  • 0.36%Net loans and leases to deposits
  • 103.90%Net loans and leases to core deposits
  • 124.86%Equity capital to assets
  • 8.50%Core capital (leverage) ratio
  • 8.32%Tier 1 risk-based capital ratio
  • 10.77%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $65,001Average earning assets
  • $5,118Average equity
  • $58,857Average loans

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