Liberty Bank in Geraldine, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Liberty Bank - Overview

  • General
  • FDIC Certificate #: 20429
    Status: Active
    Federal Reserve ID: 386432
    Bank Holding Company (Regulatory Top Holder): First Bancorporation Of Geraldine, Inc. (RSSDID: 1084753, Location: Geraldine, AL)
    Date Established: May 29, 1971
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 14081
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: May 29, 1971
    Last Structure Change Effective Date: Febuary 24, 2011
    Last Structure Change Process Date: Febuary 24, 2011
    Last Data Update: Febuary 24, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 40956 Alabama Highway 75, Geraldine, AL 35974
    County: De Kalb
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Shelby
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Fort Payne, AL (#22840)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $104.6 mil
    Equity capital: $14.1 mil
    Deposits held in domestic offices: $90.1 mil
    Return on assets (ROA): 1.17% ($1.2 mil)
    Quarterly return on assets: 1.10% ($1.2 mil)
    Return on Equity (ROE): 8.91% ($1.2 mil)
    Quarterly return on equity: 8.09% ($1.1 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.57% ($1,641.5 mil)
    Quarterly Pretax return on assets: 1.45% ($1,516.1 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
  • 42Total employees (full-time equivalent)
  • $104,556Total assets
  • $8,744Cash and due from depository institutions
  • $1,186Interest-bearing balances
  • $48,903Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $42,143Net loans & leases
  • $543Loan loss allowance
  • $0Trading account assets
  • $3,401Bank premises and fixed assets
  • $176Other real estate owned
  • $0Goodwill and other intangibles
  • $104,556Life insurance assets
  • $1,189All other assets
  • $90,487Total liabilities and capital
  • $90,117Total liabilities
  • $74,885Total deposits
  • $90,117Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $370Subordinated debt
  • $14,069All other liabilities
  • $14,069Total equity capital
  • $14,069Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $300Surplus
  • $13,669Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,059Income earned, not collected on loans
  • $0Earning assets
  • $460Long-term assets (5+ years)
  • $92,232Average Assets, year-to-date
  • $47,482Average Assets, quarterly
  • $105,020Volatile liabilities
  • $105,726Insider loans
  • $63,404FHLB advances
  • $105,854Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,609Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $333Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,028Total interest income
  • $865Total interest expense
  • $4,163Net interest income
  • $20Provision for loan and lease losses
  • $810Total noninterest income
  • $0Fiduciary activities
  • $630Service charges on deposit accounts
  • $0Trading account gains & fees
  • $180Additional noninterest income
  • $3,306Total noninterest expense
  • $1,786Salaries and employee benefits
  • $650Premises and equipment expense
  • $870Additional noninterest expense
  • $1,647Pre-tax net operating income
  • $7Securities gains (losses)
  • $427Applicable income taxes
  • $1,227Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,227Net income attributable to bank
  • $0Net charge-offs
  • $1,227Cash dividends
  • $82Sale, conversion, retirement of capital stock, net
  • $700Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.56%Yield on earning assets
  • 0.96%Cost of funding earning assets
  • 4.61%Net interest margin
  • 0.90%Noninterest income to earning assets
  • 3.66%Noninterest expense to earning assets
  • 1.16%Net operating income to assets
  • 1.17%Return on assets (ROA)
  • 1.57%Pretax return on assets
  • 8.91%Return on equity (ROE)
  • 3.82%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 24.39%Credit loss provision to net charge-offs
  • 20.33%Efficiency ratio
  • 66,479Assets per employee
  • 2.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 57.05%Loss allowance to loans
  • 1.27%Loss allowance to noncurrent loans
  • 51.27%Noncurrent assets plus other real estate owned to assets
  • 1.18%Noncurrent loans to loans
  • 2.48%Net loans and leases to deposits
  • 46.76%Net loans and leases to core deposits
  • 48.65%Equity capital to assets
  • 13.46%Core capital (leverage) ratio
  • 12.86%Tier 1 risk-based capital ratio
  • 21.46%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $105,020Average earning assets
  • $13,778Average equity
  • $90,373Average loans

List of branches

  • 4 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    014081Liberty Bank40956 Alabama Highway 75, Geraldine, AL 35974May 29, 1971Full Service Brick and Mortar
    156Collinsville Branch113 Main Street, Collinsville, AL 35961September 30, 1919Full Service Brick and Mortar
    2250969Sardis Road Branch1660 Sardis Road, Sardis City, AL 35956December 07, 1990Full Service Brick and Mortar
    3250970Crossville Branch15053 Alabama Highway 68, Crossville, AL 35962March 13, 1999Full Service Brick and Mortar

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