Habersham Bank in Clarkesville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 18, 2011

  • Habersham Bank in Clarkesville, Georgia (GA)
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Habersham Bank - Overview

  • General
  • FDIC Certificate #: 151
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: SCBT National Association (#13425)
    Federal Reserve ID: 270335
    Date Established: May 13, 1904
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Interstate: No)
    OTS Docket #: 10616
    FDIC's unique #: 118
    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: January 01, 1934
    Last Structure Change Effective Date: Febuary 18, 2011
    Last Structure Change Process Date: Febuary 22, 2011
    Last Data Update: Febuary 22, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 North Washington Street, Clarkesville, GA 30523
    County: Habersham
    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
    Core Based Statistical Area (CBSA): Cornelia, GA (#18460)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $387.7 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, 2010)

  • Dollar figures in thousands
  • 87Total employees (full-time equivalent)
  • $387,681Total assets
  • $32,259Cash and due from depository institutions
  • $23,576Interest-bearing balances
  • $63,369Securities
  • $40Federal funds sold & reverse repurchase agreements
  • $217,068Net loans & leases
  • $6,643Loan loss allowance
  • $0Trading account assets
  • $16,943Bank premises and fixed assets
  • $41,550Other real estate owned
  • $284Goodwill and other intangibles
  • $10,470Life insurance assets
  • $16,168All other assets
  • $387,682Total liabilities and capital
  • $384,804Total liabilities
  • $339,934Total deposits
  • $307,692Interest-bearing deposits
  • $339,934Deposits held in domestic offices
  • 99.83%% insured (estimated)
  • $4,180Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $38,028Other borrowed funds
  • $0Subordinated debt
  • $2,662All other liabilities
  • $2,878Total equity capital
  • $2,878Total bank equity capital
  • $2,878Perpetual preferred stock
  • $0Common stock
  • $3,688Surplus
  • $22,065Undivided profits
  • Memoranda
  • $-22,875Noncurrent loans and leases
  • $25,913Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $50,495Earning assets
  • $0Long-term assets (5+ years)
  • $1,154Average Assets, year-to-date
  • $304,053Average Assets, quarterly
  • $59,499Volatile liabilities
  • $416,961Insider loans
  • $391,800FHLB advances
  • $132,429Loans and leases held for sale
  • $5,020Unused loan commitments
  • $38,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $25,913Total unused commitments
  • $546Restructured Loans and leases
  • $3,442Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $15,736Total interest income
  • $6,236Total interest expense
  • $9,500Net interest income
  • $9,133Provision for loan and lease losses
  • -$286Total noninterest income
  • $442Fiduciary activities
  • $918Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$1,646Additional noninterest income
  • $13,644Total noninterest expense
  • $4,610Salaries and employee benefits
  • $3,009Premises and equipment expense
  • $6,025Additional noninterest expense
  • -$13,563Pre-tax net operating income
  • $1,270Securities gains (losses)
  • $0Applicable income taxes
  • -$12,293Income before extraordinary items
  • $0Extraordinary gains - net
  • -$12,293Net income attributable to bank
  • $0Net charge-offs
  • -$12,293Cash dividends
  • $14,596Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.70%Yield on earning assets
  • 1.86%Cost of funding earning assets
  • 2.84%Net interest margin
  • -0.09%Noninterest income to earning assets
  • 4.07%Noninterest expense to earning assets
  • -3.25%Net operating income to assets
  • -2.95%Return on assets (ROA)
  • -2.95%Pretax return on assets
  • -116.26%Return on equity (ROE)
  • -116.26%Retained earnings to average equity (YTD only)
  • 5.81%Net charge-offs to loans
  • 62.57%Credit loss provision to net charge-offs
  • -0.30%Efficiency ratio
  • 147,406Assets per employee
  • 4.46%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.97%Loss allowance to noncurrent loans
  • 13.16%Noncurrent assets plus other real estate owned to assets
  • 23.74%Noncurrent loans to loans
  • 22.57%Net loans and leases to deposits
  • 63.86%Net loans and leases to core deposits
  • 89.99%Equity capital to assets
  • 0.74%Core capital (leverage) ratio
  • 0.87%Tier 1 risk-based capital ratio
  • 1.24%Total risk-based capital ratio
  • Memoranda
  • $2Average assets
  • $416,961Average earning assets
  • $10,574Average equity
  • $335,054Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $30,587Managed Assets
  • 1Number of Accounts
  • $22,820Personal trust and agency accounts
  • $18,651Employee benefit-defined contribution accounts
  • $377Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $3,792Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 61Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $7,767Other retirement accounts
  • $5,678Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $1,847Fiduciary accounts held in foreign offices

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