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- Banks in Georgia (GA)
- Hardwick Bank & Trust Company
Hardwick Bank & Trust Company in Dalton, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of May 12, 2001
- Hardwick Bank & Trust Company in Dalton, Georgia (GA)
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Hardwick Bank & Trust Company - Overview
- General
- FDIC Certificate #: 5714
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Branch Banking and Trust Company (#9846)
Federal Reserve ID: 316336
Date Established: Febuary 20, 1922
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
OTS Docket #: 12403
FDIC's unique #: 3895
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: May 12, 2001
Last Structure Change Process Date: June 26, 2001
Last Data Update: June 26, 2001
Data Source Date: April 05, 2012 - Location
- Address: Waugh And Selvidge Streets, Dalton, GA 30720
County: Whitfield
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): Dalton, GA (#19140)
CBSA Metro Statistical Area: Dalton, GA (#19140) - Financial Summary
- Total assets: $361.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
- Dollar figures in thousands
- 126Total employees (full-time equivalent)
- $343,584Total assets
- $10,102Cash and due from depository institutions
- $15Interest-bearing balances
- $76,485Securities
- $62,118Federal funds sold & reverse repurchase agreements
- $187,005Net loans & leases
- $4,790Loan loss allowance
- $0Trading account assets
- $4,606Bank premises and fixed assets
- $0Other real estate owned
- $0Goodwill and other intangibles
- $0Life insurance assets
- $3,268All other assets
- $343,584Total liabilities and capital
- $314,190Total liabilities
- $288,020Total deposits
- $231,468Interest-bearing deposits
- $288,020Deposits held in domestic offices
- 0.00%% insured (estimated)
- $21,032Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $0Other borrowed funds
- $0Subordinated debt
- $5,138All other liabilities
- $29,394Total equity capital
- $29,394Total bank equity capital
- $29,394Perpetual preferred stock
- $0Common stock
- $1,000Surplus
- $26,000Undivided profits
- Memoranda
- $2,394Noncurrent loans and leases
- $49,365Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $995Earning assets
- $0Long-term assets (5+ years)
- $1,474Average Assets, year-to-date
- $325,623Average Assets, quarterly
- $40,603Volatile liabilities
- $312,131Insider loans
- $331,072FHLB advances
- $74,255Loans and leases held for sale
- $6,538Unused loan commitments
- $0Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $0Total risk weighted assets
- $49,365Total unused commitments
- $0Restructured Loans and leases
- $2,736Derivatives
Income and Expense (December 31, 2000)
- Dollar figures in thousands
- $22,671Total interest income
- $10,387Total interest expense
- $12,284Net interest income
- $757Provision for loan and lease losses
- $3,819Total noninterest income
- $565Fiduciary activities
- $1,661Service charges on deposit accounts
- $0Trading account gains & fees
- $1,593Additional noninterest income
- $14,190Total noninterest expense
- $6,682Salaries and employee benefits
- $1,517Premises and equipment expense
- $5,991Additional noninterest expense
- $1,156Pre-tax net operating income
- -$795Securities gains (losses)
- -$11Applicable income taxes
- $372Income before extraordinary items
- $0Extraordinary gains - net
- $372Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- $3Sale, conversion, retirement of capital stock, net
- $625Net operating income
Performance and Condition Ratios (December 31, 2000)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 7.79%Yield on earning assets
- 3.57%Cost of funding earning assets
- 4.22%Net interest margin
- 1.31%Noninterest income to earning assets
- 4.87%Noninterest expense to earning assets
- 0.37%Net operating income to assets
- 0.12%Return on assets (ROA)
- 0.12%Pretax return on assets
- 1.36%Return on equity (ROE)
- -0.92%Retained earnings to average equity (YTD only)
- 0.00%Net charge-offs to loans
- 25233.33%Credit loss provision to net charge-offs
- 637.67%Efficiency ratio
- 88,120Assets per employee
- 2.73%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 168.01%Loss allowance to loans
- 2.50%Loss allowance to noncurrent loans
- 481.41%Noncurrent assets plus other real estate owned to assets
- 0.29%Noncurrent loans to loans
- 0.52%Net loans and leases to deposits
- 64.93%Net loans and leases to core deposits
- 79.65%Equity capital to assets
- 8.56%Core capital (leverage) ratio
- 8.70%Tier 1 risk-based capital ratio
- 13.27%Total risk-based capital ratio
- Memoranda
- $15Average assets
- $312,131Average earning assets
- $27,409Average equity
- $291,197Average loans
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- Banks in Georgia (GA)
- Hardwick Bank & Trust Company
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