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

This bank is inactive as of July 01, 2007

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

  • General
  • FDIC Certificate #: 11292
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First National Bank of Georgia (#16480)
    Federal Reserve ID: 39934
    Date Established: March 04, 1909
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Interstate: No)
    OTS Docket #: 13321
    FDIC's unique #: 7206
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 01, 2007
    Last Structure Change Process Date: July 16, 2007
    Last Data Update: July 16, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: Highway 27, Buchanan, GA 30113
    County: Haralson
    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)
  • Financial Summary
  • Total assets: $211.1 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
  • 89Total employees (full-time equivalent)
  • $215,377Total assets
  • $9,621Cash and due from depository institutions
  • $4,864Interest-bearing balances
  • $46,792Securities
  • $7,056Federal funds sold & reverse repurchase agreements
  • $138,218Net loans & leases
  • $1,709Loan loss allowance
  • $0Trading account assets
  • $7,013Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $3,497Life insurance assets
  • $6,677All other assets
  • $215,377Total liabilities and capital
  • $196,125Total liabilities
  • $183,403Total deposits
  • $163,927Interest-bearing deposits
  • $183,403Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $10,000Other borrowed funds
  • $0Subordinated debt
  • $2,722All other liabilities
  • $19,252Total equity capital
  • $19,252Total bank equity capital
  • $19,252Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $3,113Undivided profits
  • Memoranda
  • $15,939Noncurrent loans and leases
  • $11,177Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $83Earning assets
  • $0Long-term assets (5+ years)
  • $740Average Assets, year-to-date
  • $196,930Average Assets, quarterly
  • $33,004Volatile liabilities
  • $202,426Insider loans
  • $210,190FHLB advances
  • $38,392Loans and leases held for sale
  • $1,130Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $11,177Total unused commitments
  • $0Restructured Loans and leases
  • $1,709Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $12,916Total interest income
  • $5,482Total interest expense
  • $7,434Net interest income
  • $187Provision for loan and lease losses
  • $3,128Total noninterest income
  • $0Fiduciary activities
  • $2,300Service charges on deposit accounts
  • $0Trading account gains & fees
  • $828Additional noninterest income
  • $7,495Total noninterest expense
  • $4,527Salaries and employee benefits
  • $904Premises and equipment expense
  • $2,064Additional noninterest expense
  • $2,880Pre-tax net operating income
  • -$6Securities gains (losses)
  • $657Applicable income taxes
  • $2,217Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,217Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $172Sale, conversion, retirement of capital stock, net
  • $1,500Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.99%Yield on earning assets
  • 2.97%Cost of funding earning assets
  • 4.02%Net interest margin
  • 1.69%Noninterest income to earning assets
  • 4.05%Noninterest expense to earning assets
  • 1.10%Net operating income to assets
  • 1.10%Return on assets (ROA)
  • 1.42%Pretax return on assets
  • 11.55%Return on equity (ROE)
  • 3.73%Retained earnings to average equity (YTD only)
  • 0.13%Net charge-offs to loans
  • 108.72%Credit loss provision to net charge-offs
  • 17.83%Efficiency ratio
  • 70,962Assets per employee
  • 2.42%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 67.66%Loss allowance to loans
  • 1.22%Loss allowance to noncurrent loans
  • 2059.04%Noncurrent assets plus other real estate owned to assets
  • 0.04%Noncurrent loans to loans
  • 0.06%Net loans and leases to deposits
  • 75.36%Net loans and leases to core deposits
  • 95.32%Equity capital to assets
  • 8.94%Core capital (leverage) ratio
  • 8.98%Tier 1 risk-based capital ratio
  • 13.84%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $202,426Average earning assets
  • $19,198Average equity
  • $184,875Average loans

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