First National Bank of Griffin in city_name, state_name - Detailed Financial Reports, Location

First National Bank of Griffin in Griffin, Georgia (GA)
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First National Bank of Griffin routing number info

First National Bank of Griffin - Overview

General
FDIC Certificate #: 169
Status: Active
Federal Reserve ID: 563233
Date Established: May 12, 1933
WWW: http://www.fnbgriffin.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 9 (Domestic: 9, Interstate: No)
OTS Docket #: 12439
FDIC's unique #: 134
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 318 South Hill Street, Griffin, GA 30224
County: Spalding
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
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $236.8 mil
Equity capital: $8.0 mil
Deposits held in domestic offices: $217.5 mil
Return on assets (ROA): -6.17% (-$14.6 mil)
Quarterly return on assets: -17.15% (-$40.6 mil)
Return on Equity (ROE): -85.79% (-$6.9 mil)
Quarterly return on equity: -319.27% (-$25.5 mil)
Net income: -$15.7 mil
Quarterly Net income: -$10.6 mil
Pretax return on assets: -5.30% (-$12,549.7 mil)
Quarterly Pretax return on assets: -8.36% (-$19,795.3 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, 2011)

Dollar figures in thousands
99Total employees (full-time equivalent)
$236,786Total assets
$29,859Cash and due from depository institutions
$23,706Interest-bearing balances
$70,230Securities
$0Federal funds sold & reverse repurchase agreements
$114,032Net loans & leases
$4,203Loan loss allowance
$0Trading account assets
$8,063Bank premises and fixed assets
$12,399Other real estate owned
$0Goodwill and other intangibles
$236,785Life insurance assets
$2,203All other assets
$228,746Total liabilities and capital
$217,472Total liabilities
$205,492Total deposits
$217,472Interest-bearing deposits
$96Deposits held in domestic offices
10412.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$862Subordinated debt
$8,039All other liabilities
$8,039Total equity capital
$8,039Total bank equity capital
$0Perpetual preferred stock
$6,835Common stock
$7,149Surplus
$-5,945Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$6,646Income earned, not collected on loans
$0Earning assets
$754Long-term assets (5+ years)
$207,968Average Assets, year-to-date
$51,945Average Assets, quarterly
$254,786Volatile liabilities
$247,633Insider loans
$137,238FHLB advances
$247,440Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,333Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$26,922Restructured Loans and leases
$4,021Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$10,001Total interest income
$1,845Total interest expense
$8,156Net interest income
$4,768Provision for loan and lease losses
-$5,386Total noninterest income
$75Fiduciary activities
$1,766Service charges on deposit accounts
$0Trading account gains & fees
-$7,227Additional noninterest income
$11,600Total noninterest expense
$4,913Salaries and employee benefits
$1,810Premises and equipment expense
$4,877Additional noninterest expense
-$13,598Pre-tax net operating income
$105Securities gains (losses)
$2,216Applicable income taxes
-$15,709Income before extraordinary items
$0Extraordinary gains - net
-$15,709Net income attributable to bank
$0Net charge-offs
-$15,709Cash dividends
$4,342Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.57%Yield on earning assets
0.84%Cost of funding earning assets
3.73%Net interest margin
-2.46%Noninterest income to earning assets
5.30%Noninterest expense to earning assets
-6.21%Net operating income to assets
-6.17%Return on assets (ROA)
-5.30%Pretax return on assets
-85.79%Return on equity (ROE)
-85.79%Retained earnings to average equity (YTD only)
3.32%Net charge-offs to loans
109.81%Credit loss provision to net charge-offs
-2.03%Efficiency ratio
418,773Assets per employee
2.39%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.55%Loss allowance to noncurrent loans
63.24%Noncurrent assets plus other real estate owned to assets
8.04%Noncurrent loans to loans
5.62%Net loans and leases to deposits
52.44%Net loans and leases to core deposits
53.51%Equity capital to assets
3.40%Core capital (leverage) ratio
2.96%Tier 1 risk-based capital ratio
5.34%Total risk-based capital ratio
Memoranda
$7Average assets
$254,786Average earning assets
$18,312Average equity
$218,732Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$17,027Managed Assets
1Number of Accounts
$10,269Personal trust and agency accounts
$10,269Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
110Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$6,758Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$6,758Fiduciary accounts held in foreign offices

List of branches

9 Georgia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	134	First National Bank Of Griffin	318 South Hill Street, Griffin, GA 30224	May 12, 1933	Full Service Brick and Mortar
1	181287	Northside Branch	1475 West Mcintosh Road, Griffin, GA 30223	Febuary 16, 1970	Full Service Brick and Mortar
2	181288	Southside Branch	1103 Zebulon Road, Griffin, GA 30224	August 30, 1971	Full Service Brick and Mortar
4	181290	Griffin Loans Inc. Branch	114 West Solomon Street, Griffin, GA 30223	October 14, 1994	Limited Service Loan Production
5	181291	Zebulon Finance Branch	254 Highway 19 South, Zebulon, GA 30295	January 19, 1996	Limited Service Loan Production
6	181292	Hampton Branch	996 Bear Creek Boulevard, Hampton, GA 30228	Febuary 17, 1997	Full Service Brick and Mortar
8	463141	Griffin Crossings Annex	1510 West Mcintosh Road, Griffin, GA 30224	Febuary 21, 2007	Full Service Brick and Mortar
9	473112	Zebulon Branch	16000 Barnesville Street, Zebulon, GA 30295	January 02, 2008	Full Service Brick and Mortar
10	493225	Heron Bay Branch	3470 Highway 155s, Locust Grove, GA 30248	September 29, 2008	Full Service Brick and Mortar

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

First National Bank of Griffin - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

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

First National Bank of Griffin - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

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