Jasper Banking Company in Jasper, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Jasper Banking Company - Overview

  • General
  • FDIC Certificate #: 16240
    Status: Active
    Federal Reserve ID: 104430
    Bank Holding Company (Regulatory Top Holder): Jbc Bancshares, Inc. (RSSDID: 1132766, Location: Jasper, GA)
    Date Established: March 12, 1945
    WWW: http://www.jasperbanking.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 10436
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 12, 1945
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 Mark Whitfield Street, Jasper, GA 30143
    County: Pickens
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $229.3 mil
    Equity capital: $9.6 mil
    Deposits held in domestic offices: $219.2 mil
    Return on assets (ROA): -2.72% (-$6.2 mil)
    Quarterly return on assets: -5.32% (-$12.2 mil)
    Return on Equity (ROE): -48.62% (-$4.9 mil)
    Quarterly return on equity: -105.50% (-$10.6 mil)
    Net income: -$6.1 mil
    Quarterly Net income: -$2.9 mil
    Pretax return on assets: -2.72% (-$6,237.7 mil)
    Quarterly Pretax return on assets: -5.32% (-$12,200.3 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, 2011)

  • Dollar figures in thousands
  • 45Total employees (full-time equivalent)
  • $229,329Total assets
  • $20,234Cash and due from depository institutions
  • $18,713Interest-bearing balances
  • $51,690Securities
  • $13,745Federal funds sold & reverse repurchase agreements
  • $105,730Net loans & leases
  • $3,560Loan loss allowance
  • $0Trading account assets
  • $1,796Bank premises and fixed assets
  • $28,278Other real estate owned
  • $0Goodwill and other intangibles
  • $229,329Life insurance assets
  • $7,856All other assets
  • $219,776Total liabilities and capital
  • $219,244Total liabilities
  • $190,552Total deposits
  • $219,244Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $532Subordinated debt
  • $9,553All other liabilities
  • $9,553Total equity capital
  • $9,553Total bank equity capital
  • $0Perpetual preferred stock
  • $6,400Common stock
  • $3,800Surplus
  • $-647Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $25,334Income earned, not collected on loans
  • $0Earning assets
  • $855Long-term assets (5+ years)
  • $189,878Average Assets, year-to-date
  • $51,485Average Assets, quarterly
  • $224,439Volatile liabilities
  • $220,370Insider loans
  • $141,536FHLB advances
  • $198,302Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,206Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $745Restructured Loans and leases
  • $1,677Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,704Total interest income
  • $3,030Total interest expense
  • $4,674Net interest income
  • $1,808Provision for loan and lease losses
  • -$3,639Total noninterest income
  • $0Fiduciary activities
  • $359Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$3,998Additional noninterest income
  • $6,362Total noninterest expense
  • $2,773Salaries and employee benefits
  • $476Premises and equipment expense
  • $3,113Additional noninterest expense
  • -$7,135Pre-tax net operating income
  • $1,023Securities gains (losses)
  • $0Applicable income taxes
  • -$6,112Income before extraordinary items
  • $0Extraordinary gains - net
  • -$6,112Net income attributable to bank
  • $0Net charge-offs
  • -$6,112Cash dividends
  • $1,408Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.26%Yield on earning assets
  • 1.68%Cost of funding earning assets
  • 2.59%Net interest margin
  • -2.01%Noninterest income to earning assets
  • 3.52%Noninterest expense to earning assets
  • -3.18%Net operating income to assets
  • -2.72%Return on assets (ROA)
  • -2.72%Pretax return on assets
  • -48.62%Return on equity (ROE)
  • -48.62%Retained earnings to average equity (YTD only)
  • 1.23%Net charge-offs to loans
  • 128.41%Credit loss provision to net charge-offs
  • -3.78%Efficiency ratio
  • 614,686Assets per employee
  • 5.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.26%Loss allowance to noncurrent loans
  • 14.05%Noncurrent assets plus other real estate owned to assets
  • 23.38%Noncurrent loans to loans
  • 23.18%Net loans and leases to deposits
  • 48.22%Net loans and leases to core deposits
  • 49.05%Equity capital to assets
  • 4.17%Core capital (leverage) ratio
  • 3.13%Tier 1 risk-based capital ratio
  • 4.38%Total risk-based capital ratio
  • Memoranda
  • $5Average assets
  • $224,439Average earning assets
  • $12,571Average equity
  • $180,808Average loans

List of branches

  • 3 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010436Jasper Banking Company100 Mark Whitfield Street, Jasper, GA 30143March 12, 1945Full Service Brick and Mortar
    1237652Drive-In Facility292 North Main Street, Jasper, GA 30143June 18, 1983Limited Service Facility
    2365584Ingles #437 Branch1449w. Church Street, Jasper, GA 30143November 04, 2002Full Service Retail

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Jasper Banking Company.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents