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

This bank is inactive as of April 12, 2008

  • Georgia State Bank in Mableton, Georgia (GA)
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Georgia State Bank - Overview

  • General
  • FDIC Certificate #: 26651
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: RBC Bank (USA) (#33184)
    Federal Reserve ID: 781130
    Date Established: April 28, 1986
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 9 (Interstate: No)
    OTS Docket #: 13374
    FDIC's unique #: 35383
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 28, 1986
    Last Structure Change Effective Date: April 12, 2008
    Last Structure Change Process Date: May 19, 2008
    Last Data Update: May 19, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 620 Fontaine Road, S.W., Mableton, GA 30126
    County: Cobb
    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)
  • Financial Summary
  • Total assets: $424.8 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, 2007)

  • Dollar figures in thousands
  • 105Total employees (full-time equivalent)
  • $410,368Total assets
  • $14,940Cash and due from depository institutions
  • $901Interest-bearing balances
  • $92,037Securities
  • $7,100Federal funds sold & reverse repurchase agreements
  • $273,846Net loans & leases
  • $5,138Loan loss allowance
  • $0Trading account assets
  • $7,985Bank premises and fixed assets
  • $2,082Other real estate owned
  • $0Goodwill and other intangibles
  • $5,336Life insurance assets
  • $12,378All other assets
  • $410,368Total liabilities and capital
  • $376,226Total liabilities
  • $304,752Total deposits
  • $257,236Interest-bearing deposits
  • $304,752Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $36,303Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $30,000Other borrowed funds
  • $0Subordinated debt
  • $5,171All other liabilities
  • $34,142Total equity capital
  • $34,142Total bank equity capital
  • $34,142Perpetual preferred stock
  • $0Common stock
  • $1,135Surplus
  • $9,349Undivided profits
  • Memoranda
  • $23,658Noncurrent loans and leases
  • $28,728Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,908Earning assets
  • $0Long-term assets (5+ years)
  • $2,226Average Assets, year-to-date
  • $373,884Average Assets, quarterly
  • $54,495Volatile liabilities
  • $423,123Insider loans
  • $422,024FHLB advances
  • $134,244Loans and leases held for sale
  • $8,081Unused loan commitments
  • $30,000Tier 1 (core) risk-based capital
  • $4,096Tier 2 risk-based capital
  • $744Total risk weighted assets
  • $28,728Total unused commitments
  • $0Restructured Loans and leases
  • $3,816Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $28,907Total interest income
  • $14,505Total interest expense
  • $14,402Net interest income
  • $2,485Provision for loan and lease losses
  • $3,666Total noninterest income
  • $0Fiduciary activities
  • $1,364Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,302Additional noninterest income
  • $10,270Total noninterest expense
  • $5,933Salaries and employee benefits
  • $1,297Premises and equipment expense
  • $3,040Additional noninterest expense
  • $5,313Pre-tax net operating income
  • -$126Securities gains (losses)
  • $1,567Applicable income taxes
  • $3,620Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,620Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $969Sale, conversion, retirement of capital stock, net
  • $2,550Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.48%Yield on earning assets
  • 3.76%Cost of funding earning assets
  • 3.73%Net interest margin
  • 0.95%Noninterest income to earning assets
  • 2.66%Noninterest expense to earning assets
  • 0.88%Net operating income to assets
  • 0.86%Return on assets (ROA)
  • 1.23%Pretax return on assets
  • 10.83%Return on equity (ROE)
  • 3.20%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 256.45%Credit loss provision to net charge-offs
  • 8.05%Efficiency ratio
  • 56,841Assets per employee
  • 3.91%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 70.44%Loss allowance to loans
  • 1.84%Loss allowance to noncurrent loans
  • 104.69%Noncurrent assets plus other real estate owned to assets
  • 1.70%Noncurrent loans to loans
  • 1.76%Net loans and leases to deposits
  • 89.86%Net loans and leases to core deposits
  • 132.41%Equity capital to assets
  • 8.32%Core capital (leverage) ratio
  • 7.78%Tier 1 risk-based capital ratio
  • 11.25%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $423,123Average earning assets
  • $33,412Average equity
  • $386,230Average loans

Total Fiduciary and Related Assets (December 31, 2004)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $6,396Managed Assets
  • 1Number of Accounts
  • $6,396Personal trust and agency accounts
  • $328Employee benefit-defined contribution accounts
  • $49Employee benefit-defined benefit accounts
  • $6,019Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 3Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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