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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