First State Bank in Wrens, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank - Overview

  • General
  • FDIC Certificate #: 19163
    Status: Active
    Federal Reserve ID: 36933
    Bank Holding Company (Regulatory Top Holder): Csra Bank Corp. (RSSDID: 1493672, Location: Wrens, GA)
    Date Established: July 06, 1964
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 12987
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: July 06, 1964
    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: 300 Broad Street, Wrens, GA 30833
    County: Jefferson
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Savannah
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $85.5 mil
    Equity capital: $5.6 mil
    Deposits held in domestic offices: $79.6 mil
    Return on assets (ROA): -1.28% (-$1.1 mil)
    Quarterly return on assets: 0.12% ($0.1 mil)
    Return on Equity (ROE): -17.94% (-$1.1 mil)
    Quarterly return on equity: 1.79% ($0.1 mil)
    Net income: -$1.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: -1.33% (-$1,137.1 mil)
    Quarterly Pretax return on assets: 0.12% ($102.6 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
  • 35Total employees (full-time equivalent)
  • $85,496Total assets
  • $16,191Cash and due from depository institutions
  • $10,601Interest-bearing balances
  • $9,133Securities
  • $454Federal funds sold & reverse repurchase agreements
  • $54,539Net loans & leases
  • $1,212Loan loss allowance
  • $0Trading account assets
  • $1,593Bank premises and fixed assets
  • $2,405Other real estate owned
  • $0Goodwill and other intangibles
  • $85,495Life insurance assets
  • $1,181All other assets
  • $79,935Total liabilities and capital
  • $79,605Total liabilities
  • $50,774Total deposits
  • $79,605Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $63Trading liabilities
  • $0Other borrowed funds
  • $267Subordinated debt
  • $5,560All other liabilities
  • $5,560Total equity capital
  • $5,560Total bank equity capital
  • $0Perpetual preferred stock
  • $675Common stock
  • $6,400Surplus
  • $-1,515Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,223Income earned, not collected on loans
  • $0Earning assets
  • $409Long-term assets (5+ years)
  • $74,727Average Assets, year-to-date
  • $9,433Average Assets, quarterly
  • $85,029Volatile liabilities
  • $81,984Insider loans
  • $52,325FHLB advances
  • $80,466Loans and leases held for sale
  • $371Unused loan commitments
  • $371Tier 1 (core) risk-based capital
  • $5,552Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,397Restructured Loans and leases
  • $1,443Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,042Total interest income
  • $626Total interest expense
  • $3,416Net interest income
  • $549Provision for loan and lease losses
  • -$363Total noninterest income
  • $0Fiduciary activities
  • $529Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$892Additional noninterest income
  • $3,823Total noninterest expense
  • $1,891Salaries and employee benefits
  • $312Premises and equipment expense
  • $1,620Additional noninterest expense
  • -$1,319Pre-tax net operating income
  • $188Securities gains (losses)
  • -$43Applicable income taxes
  • -$1,088Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,088Net income attributable to bank
  • $0Net charge-offs
  • -$1,088Cash dividends
  • $1,124Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.40%Yield on earning assets
  • 0.84%Cost of funding earning assets
  • 4.56%Net interest margin
  • -0.48%Noninterest income to earning assets
  • 5.11%Noninterest expense to earning assets
  • -1.49%Net operating income to assets
  • -1.28%Return on assets (ROA)
  • -1.33%Pretax return on assets
  • -17.94%Return on equity (ROE)
  • -17.94%Retained earnings to average equity (YTD only)
  • 1.95%Net charge-offs to loans
  • 48.84%Credit loss provision to net charge-offs
  • -0.69%Efficiency ratio
  • 125,221Assets per employee
  • 2.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.17%Loss allowance to noncurrent loans
  • 16.78%Noncurrent assets plus other real estate owned to assets
  • 11.26%Noncurrent loans to loans
  • 12.96%Net loans and leases to deposits
  • 68.51%Net loans and leases to core deposits
  • 70.53%Equity capital to assets
  • 6.50%Core capital (leverage) ratio
  • 6.90%Tier 1 risk-based capital ratio
  • 10.61%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $85,029Average earning assets
  • $6,066Average equity
  • $74,869Average loans

List of branches

  • 3 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012987First State Bank300 Broad Street, Wrens, GA 30833July 06, 1964Full Service Brick and Mortar
    2247484Peachtree Street Branch900 Peachtree Street, Louisville, GA 30434Febuary 27, 1995Full Service Brick and Mortar
    4363380Americus Branch801 E Lamar Street, Americus, GA 31709March 01, 2002Full Service Brick and Mortar

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