First National Bank of Griffin in Griffin, Georgia (GA)



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First National Bank of Griffin routing number info

Table of contents:
First National Bank of Griffin
GeneralFDIC 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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)99
Total assets$236,786
Cash and due from depository institutions$29,859
Interest-bearing balances$23,706
Securities$70,230
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$114,032
Loan loss allowance $4,203
Trading account assets$0
Bank premises and fixed assets$8,063
Other real estate owned$12,399
Goodwill and other intangibles$0
All other assets$2,203
Life insurance assets$236,785
Total liabilities and capital$228,746
Total liabilities$217,472
Total deposits$205,492
Interest-bearing deposits$217,472
Deposits held in domestic offices$96
% insured (estimated)10412.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $862
All other liabilities $8,039
Total equity capital$8,039
Total bank equity capital$8,039
Perpetual preferred stock$0
Common stock$6,835
Surplus$7,149
Undivided profits $-5,945
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $6,646
Earning assets $0
Long-term assets (5+ years) $754
Average Assets, year-to-date $207,968
Average Assets, quarterly $51,945
Volatile liabilities $254,786
Insider loans $247,633
FHLB advances $137,238
Loans and leases held for sale $247,440
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $7,333
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $26,922
Derivatives$4,021
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $10,001
Total interest expense $1,845
Net interest income $8,156
Provision for loan and lease losses $4,768
Total noninterest income -$5,386
Fiduciary activities $75
Service charges on deposit accounts $1,766
Trading account gains & fees $0
Additional noninterest income -$7,227
Total noninterest expense $11,600
Salaries and employee benefits $4,913
Premises and equipment expense $1,810
Additional noninterest expense $4,877
Pre-tax net operating income -$13,598
Securities gains (losses) $105
Applicable income taxes $2,216
Income before extraordinary items -$15,709
Extraordinary gains - net $0
Net income attributable to bank -$15,709
Net charge-offs $0
Cash dividends -$15,709
Sale, conversion, retirement of capital stock, net $4,342
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.57%
Cost of funding earning assets 0.84%
Net interest margin 3.73%
Noninterest income to earning assets -2.46%
Noninterest expense to earning assets 5.30%
Net operating income to assets -6.21%
Return on assets (ROA) -6.17%
Pretax return on assets -5.30%
Return on equity (ROE) -85.79%
Retained earnings to average equity (YTD only) -85.79%
Net charge-offs to loans 3.32%
Credit loss provision to net charge-offs 109.81%
Efficiency ratio-2.03%
Assets per employee$418,773
Cash dividends to net income (YTD only)2.39%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 3.55%
Noncurrent assets plus other real estate owned to assets 63.24%
Noncurrent loans to loans 8.04%
Net loans and leases to deposits5.62%
Net loans and leases to core deposits 52.44%
Equity capital to assets 53.51%
Core capital (leverage) ratio 3.40%
Tier 1 risk-based capital ratio 2.96%
Total risk-based capital ratio 5.34%
Memoranda
Average assets$7
Average earning assets$254,786
Average equity $18,312
Average loans $218,732
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$17,027
Number of Accounts1
Personal trust and agency accounts$10,269
Employee benefit-defined contribution accounts$10,269
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts110
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$6,758
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$6,758
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9 Georgia Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0134First National Bank Of Griffin318 South Hill Street, Griffin, GA 30224May 12, 1933Full Service Brick and Mortar
1181287Northside Branch1475 West Mcintosh Road, Griffin, GA 30223Febuary 16, 1970Full Service Brick and Mortar
2181288Southside Branch1103 Zebulon Road, Griffin, GA 30224August 30, 1971Full Service Brick and Mortar
4181290Griffin Loans Inc. Branch114 West Solomon Street, Griffin, GA 30223October 14, 1994Limited Service Loan Production
5181291Zebulon Finance Branch254 Highway 19 South, Zebulon, GA 30295January 19, 1996Limited Service Loan Production
6181292Hampton Branch996 Bear Creek Boulevard, Hampton, GA 30228Febuary 17, 1997Full Service Brick and Mortar
8463141Griffin Crossings Annex1510 West Mcintosh Road, Griffin, GA 30224Febuary 21, 2007Full Service Brick and Mortar
9473112Zebulon Branch16000 Barnesville Street, Zebulon, GA 30295January 02, 2008Full Service Brick and Mortar
10493225Heron Bay Branch3470 Highway 155s, Locust Grove, GA 30248September 29, 2008Full Service Brick and Mortar
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