Liberty First Bank in Monroe, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Liberty First Bank in Monroe, Georgia (GA)
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Liberty First Bank - Overview

  • General
  • FDIC Certificate #: 58274
    Status: Active
    Federal Reserve ID: 3386143
    Date Established: June 13, 2006
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 445220
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: June 13, 2006
    Last Structure Change Effective Date: December 31, 2009
    Last Structure Change Process Date: April 30, 2010
    Last Data Update: April 30, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 1901 West Spring Street, Monroe, GA 30655
    County: Walton
    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)
  • Financial Summary
  • Total assets: $99.5 mil
    Equity capital: $11.4 mil
    Deposits held in domestic offices: $81.8 mil
    Return on assets (ROA): 0.63% ($0.6 mil)
    Quarterly return on assets: 0.85% ($0.8 mil)
    Return on Equity (ROE): 5.50% ($0.6 mil)
    Quarterly return on equity: 7.43% ($0.8 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.63% ($627.1 mil)
    Quarterly Pretax return on assets: 0.85% ($846.1 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
  • 16Total employees (full-time equivalent)
  • $99,537Total assets
  • $774Cash and due from depository institutions
  • $0Interest-bearing balances
  • $26,445Securities
  • $321Federal funds sold & reverse repurchase agreements
  • $63,783Net loans & leases
  • $932Loan loss allowance
  • $0Trading account assets
  • $4,319Bank premises and fixed assets
  • $2,745Other real estate owned
  • $0Goodwill and other intangibles
  • $99,538Life insurance assets
  • $1,150All other assets
  • $88,188Total liabilities and capital
  • $81,750Total liabilities
  • $73,875Total deposits
  • $81,750Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,168Trading liabilities
  • $0Other borrowed funds
  • $270Subordinated debt
  • $11,350All other liabilities
  • $11,350Total equity capital
  • $11,350Total bank equity capital
  • $0Perpetual preferred stock
  • $5,709Common stock
  • $5,868Surplus
  • $-227Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,496Income earned, not collected on loans
  • $0Earning assets
  • $343Long-term assets (5+ years)
  • $90,549Average Assets, year-to-date
  • $25,920Average Assets, quarterly
  • $96,163Volatile liabilities
  • $99,598Insider loans
  • $67,358FHLB advances
  • $99,582Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $11,168Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,742Restructured Loans and leases
  • $2,821Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,540Total interest income
  • $1,110Total interest expense
  • $3,430Net interest income
  • $329Provision for loan and lease losses
  • $224Total noninterest income
  • $0Fiduciary activities
  • $181Service charges on deposit accounts
  • $0Trading account gains & fees
  • $43Additional noninterest income
  • $2,819Total noninterest expense
  • $1,169Salaries and employee benefits
  • $462Premises and equipment expense
  • $1,188Additional noninterest expense
  • $506Pre-tax net operating income
  • $99Securities gains (losses)
  • $0Applicable income taxes
  • $605Income before extraordinary items
  • $0Extraordinary gains - net
  • $605Net income attributable to bank
  • $0Net charge-offs
  • $605Cash dividends
  • $315Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.24%Yield on earning assets
  • 1.28%Cost of funding earning assets
  • 3.96%Net interest margin
  • 0.26%Noninterest income to earning assets
  • 3.26%Noninterest expense to earning assets
  • 0.53%Net operating income to assets
  • 0.63%Return on assets (ROA)
  • 0.63%Pretax return on assets
  • 5.50%Return on equity (ROE)
  • 5.50%Retained earnings to average equity (YTD only)
  • 0.48%Net charge-offs to loans
  • 104.44%Credit loss provision to net charge-offs
  • 2.65%Efficiency ratio
  • 77,148Assets per employee
  • 6.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.44%Loss allowance to noncurrent loans
  • 20.73%Noncurrent assets plus other real estate owned to assets
  • 7.27%Noncurrent loans to loans
  • 6.95%Net loans and leases to deposits
  • 78.02%Net loans and leases to core deposits
  • 87.87%Equity capital to assets
  • 11.40%Core capital (leverage) ratio
  • 11.21%Tier 1 risk-based capital ratio
  • 16.58%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $96,163Average earning assets
  • $11,000Average equity
  • $86,597Average loans

List of branches

  • 1 Georgia Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0445220Liberty First Bank1901 West Spring Street, Monroe, GA 30655June 13, 2006Full Service Brick and Mortar

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