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

This bank is inactive as of Febuary 11, 2006

First National Bank of South Georgia in Albany, Georgia (GA)
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First National Bank of South Georgia - Overview

General
FDIC Certificate #: 33416
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Ameris Bank (#20504)
Federal Reserve ID: 1863275
Date Established: May 29, 1991
WWW: http://www.amerisbank.com
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Interstate: No)
OTS Docket #: 12468
FDIC's unique #: 47076
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: May 29, 1991
Last Structure Change Effective Date: Febuary 11, 2006
Last Structure Change Process Date: Febuary 16, 2006
Last Data Update: Febuary 16, 2006
Data Source Date: April 05, 2012
Location
Address: 2627 Dawson Road, Albany, GA 31707
County: Dougherty
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Albany Ga
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Albany, GA (#120)
Core Based Statistical Area (CBSA): Albany, GA (#10500)
CBSA Metro Statistical Area: Albany, GA (#10500)
Financial Summary
Total assets: $103.1 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, 2005)

Dollar figures in thousands
26Total employees (full-time equivalent)
$103,122Total assets
$4,154Cash and due from depository institutions
$1,193Interest-bearing balances
$4,990Securities
$0Federal funds sold & reverse repurchase agreements
$90,129Net loans & leases
$1,273Loan loss allowance
$0Trading account assets
$1,968Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,881All other assets
$103,122Total liabilities and capital
$95,390Total liabilities
$78,823Total deposits
$70,320Interest-bearing deposits
$78,823Deposits held in domestic offices
0.00%% insured (estimated)
$7,077Federal funds purchased & repurchase agreements
$0Trading liabilities
$8,900Other borrowed funds
$0Subordinated debt
$590All other liabilities
$7,732Total equity capital
$7,732Total bank equity capital
$7,732Perpetual preferred stock
$0Common stock
$1,900Surplus
$3,025Undivided profits
Memoranda
$2,807Noncurrent loans and leases
$10,349Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$280Earning assets
$0Long-term assets (5+ years)
$691Average Assets, year-to-date
$96,312Average Assets, quarterly
$1,472Volatile liabilities
$96,840Insider loans
$104,698FHLB advances
$37,446Loans and leases held for sale
$7,202Unused loan commitments
$8,900Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$10,349Total unused commitments
$0Restructured Loans and leases
$1,020Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$6,292Total interest income
$2,359Total interest expense
$3,933Net interest income
$222Provision for loan and lease losses
$689Total noninterest income
$0Fiduciary activities
$495Service charges on deposit accounts
$0Trading account gains & fees
$194Additional noninterest income
$2,701Total noninterest expense
$1,236Salaries and employee benefits
$242Premises and equipment expense
$1,223Additional noninterest expense
$1,699Pre-tax net operating income
-$32Securities gains (losses)
$574Applicable income taxes
$1,093Income before extraordinary items
$0Extraordinary gains - net
$1,093Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$13Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.95%Yield on earning assets
2.61%Cost of funding earning assets
4.34%Net interest margin
0.76%Noninterest income to earning assets
2.98%Noninterest expense to earning assets
1.15%Net operating income to assets
1.13%Return on assets (ROA)
1.72%Pretax return on assets
15.84%Return on equity (ROE)
15.84%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
-1707.69%Credit loss provision to net charge-offs
0.00%Efficiency ratio
58,438Assets per employee
3.97%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.39%Loss allowance to noncurrent loans
454.64%Noncurrent assets plus other real estate owned to assets
0.27%Noncurrent loans to loans
0.31%Net loans and leases to deposits
114.34%Net loans and leases to core deposits
186.01%Equity capital to assets
7.50%Core capital (leverage) ratio
7.49%Tier 1 risk-based capital ratio
9.62%Total risk-based capital ratio
Memoranda
$11Average assets
$96,840Average earning assets
$6,898Average equity
$90,543Average loans

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