First State Bank & Trust Company in Albany, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 24, 1998

  • First State Bank & Trust Company in Albany, Georgia (GA)
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First State Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 15948
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank (#12368)
    Federal Reserve ID: 999739
    Date Established: June 01, 1905
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 12 (Interstate: No)
    OTS Docket #: 10492
    FDIC's unique #: 10179
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 01, 1943
    Last Structure Change Effective Date: April 24, 1998
    Last Structure Change Process Date: June 23, 1998
    Last Data Update: June 23, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 333 Broad Avenue, Albany, GA 31701
    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: $431.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 141Total employees (full-time equivalent)
  • $439,999Total assets
  • $38,542Cash and due from depository institutions
  • $16,244Interest-bearing balances
  • $76,167Securities
  • $7,000Federal funds sold & reverse repurchase agreements
  • $298,632Net loans & leases
  • $4,548Loan loss allowance
  • $0Trading account assets
  • $6,200Bank premises and fixed assets
  • $294Other real estate owned
  • $5,854Goodwill and other intangibles
  • $0Life insurance assets
  • $7,310All other assets
  • $439,999Total liabilities and capital
  • $398,725Total liabilities
  • $381,148Total deposits
  • $302,444Interest-bearing deposits
  • $381,148Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $11,346Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $3,027Other borrowed funds
  • $0Subordinated debt
  • $3,204All other liabilities
  • $41,274Total equity capital
  • $41,274Total bank equity capital
  • $41,274Perpetual preferred stock
  • $0Common stock
  • $2,500Surplus
  • $18,248Undivided profits
  • Memoranda
  • $20,526Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,200Earning assets
  • $0Long-term assets (5+ years)
  • $4,187Average Assets, year-to-date
  • $398,043Average Assets, quarterly
  • $12,984Volatile liabilities
  • $433,396Insider loans
  • $441,608FHLB advances
  • $67,590Loans and leases held for sale
  • $9,510Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,785Total risk weighted assets
  • $76,155Total unused commitments
  • $0Restructured Loans and leases
  • $303,497Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $33,989Total interest income
  • $13,909Total interest expense
  • $20,080Net interest income
  • $907Provision for loan and lease losses
  • $5,921Total noninterest income
  • $1,238Fiduciary activities
  • $2,846Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,837Additional noninterest income
  • $16,303Total noninterest expense
  • $5,005Salaries and employee benefits
  • $1,928Premises and equipment expense
  • $9,370Additional noninterest expense
  • $8,791Pre-tax net operating income
  • $6Securities gains (losses)
  • $2,968Applicable income taxes
  • $5,829Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,829Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $462Sale, conversion, retirement of capital stock, net
  • $2,000Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.72%Yield on earning assets
  • 3.57%Cost of funding earning assets
  • 5.15%Net interest margin
  • 1.52%Noninterest income to earning assets
  • 4.18%Noninterest expense to earning assets
  • 1.34%Net operating income to assets
  • 1.34%Return on assets (ROA)
  • 2.03%Pretax return on assets
  • 15.09%Return on equity (ROE)
  • 9.91%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • 196.32%Credit loss provision to net charge-offs
  • 20.99%Efficiency ratio
  • 57,140Assets per employee
  • 3.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 34.31%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 379.00%Noncurrent assets plus other real estate owned to assets
  • 0.34%Noncurrent loans to loans
  • 0.40%Net loans and leases to deposits
  • 78.35%Net loans and leases to core deposits
  • 91.91%Equity capital to assets
  • 9.38%Core capital (leverage) ratio
  • 8.20%Tier 1 risk-based capital ratio
  • 11.53%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $433,396Average earning assets
  • $38,639Average equity
  • $389,713Average loans

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