First Peoples Bank in Pine Mountain, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


First Peoples Bank - Overview

  • General
  • FDIC Certificate #: 33010
    Status: Active
    Federal Reserve ID: 1459799
    Bank Holding Company (Regulatory Top Holder): First Peoples Bankshares, Inc. (RSSDID: 2325912, Location: Pine Mountain, GA)
    Date Established: July 09, 1990
    WWW: http://www.firstpeoplesbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 46191
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 09, 1990
    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: 105 Chipley Street, Pine Mountain, GA 31822
    County: Harris
    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): Columbus, GA-AL (#1800)
    Combined Statistical Area (CSA): Columbus-Auburn-Opelika, GA-AL (#194)
    Core Based Statistical Area (CBSA): Columbus, GA-AL (#17980)
    CBSA Metro Statistical Area: Columbus, GA-AL (#17980)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $75.4 mil
    Equity capital: $10.7 mil
    Deposits held in domestic offices: $64.2 mil
    Return on assets (ROA): 0.38% ($0.3 mil)
    Quarterly return on assets: 0.99% ($0.7 mil)
    Return on Equity (ROE): 2.61% ($0.3 mil)
    Quarterly return on equity: 6.72% ($0.7 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.49% ($369.6 mil)
    Quarterly Pretax return on assets: 1.38% ($1,040.9 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
  • 28Total employees (full-time equivalent)
  • $75,424Total assets
  • $3,495Cash and due from depository institutions
  • $1,738Interest-bearing balances
  • $8,697Securities
  • $11,000Federal funds sold & reverse repurchase agreements
  • $47,138Net loans & leases
  • $1,538Loan loss allowance
  • $0Trading account assets
  • $1,142Bank premises and fixed assets
  • $140Other real estate owned
  • $0Goodwill and other intangibles
  • $75,424Life insurance assets
  • $3,812All other assets
  • $64,744Total liabilities and capital
  • $64,194Total liabilities
  • $38,409Total deposits
  • $64,194Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $550Subordinated debt
  • $10,680All other liabilities
  • $10,680Total equity capital
  • $10,680Total bank equity capital
  • $0Perpetual preferred stock
  • $1,503Common stock
  • $3,540Surplus
  • $5,637Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,560Income earned, not collected on loans
  • $0Earning assets
  • $247Long-term assets (5+ years)
  • $68,573Average Assets, year-to-date
  • $3,582Average Assets, quarterly
  • $72,376Volatile liabilities
  • $72,046Insider loans
  • $44,529FHLB advances
  • $74,274Loans and leases held for sale
  • $1,921Unused loan commitments
  • $884Tier 1 (core) risk-based capital
  • $10,530Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,037Total unused commitments
  • $3,487Restructured Loans and leases
  • $456Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,759Total interest income
  • $409Total interest expense
  • $3,350Net interest income
  • $733Provision for loan and lease losses
  • $799Total noninterest income
  • $0Fiduciary activities
  • $406Service charges on deposit accounts
  • $0Trading account gains & fees
  • $393Additional noninterest income
  • $3,058Total noninterest expense
  • $1,632Salaries and employee benefits
  • $333Premises and equipment expense
  • $1,093Additional noninterest expense
  • $358Pre-tax net operating income
  • $0Securities gains (losses)
  • $84Applicable income taxes
  • $274Income before extraordinary items
  • $0Extraordinary gains - net
  • $274Net income attributable to bank
  • $0Net charge-offs
  • $274Cash dividends
  • $753Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.78%Yield on earning assets
  • 0.63%Cost of funding earning assets
  • 5.15%Net interest margin
  • 1.23%Noninterest income to earning assets
  • 4.70%Noninterest expense to earning assets
  • 0.38%Net operating income to assets
  • 0.38%Return on assets (ROA)
  • 0.49%Pretax return on assets
  • 2.61%Return on equity (ROE)
  • 2.61%Retained earnings to average equity (YTD only)
  • 1.47%Net charge-offs to loans
  • 97.34%Credit loss provision to net charge-offs
  • 1.45%Efficiency ratio
  • 73,705Assets per employee
  • 2.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.16%Loss allowance to noncurrent loans
  • 43.20%Noncurrent assets plus other real estate owned to assets
  • 4.91%Noncurrent loans to loans
  • 7.31%Net loans and leases to deposits
  • 73.43%Net loans and leases to core deposits
  • 82.05%Equity capital to assets
  • 14.16%Core capital (leverage) ratio
  • 14.18%Tier 1 risk-based capital ratio
  • 23.65%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $72,376Average earning assets
  • $10,504Average equity
  • $65,049Average loans

List of branches

  • 2 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    046191First Peoples Bank105 Chipley Street, Pine Mountain, GA 31822July 09, 1990Full Service Brick and Mortar
    2289168Hamilton Branch121 South College Street, Hamilton, GA 31811October 17, 1997Full Service Brick and Mortar

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