Middle Georgia Bank in Byron, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 15, 1996

  • Middle Georgia Bank in Byron, Georgia (GA)
  • Show street view No street view available for this location

Middle Georgia Bank - Overview

  • General
  • FDIC Certificate #: 18692
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Liberty Bank (#29568)
    Federal Reserve ID: 115137
    Date Established: Febuary 04, 1963
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 12563
    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: Febuary 04, 1963
    Last Structure Change Effective Date: November 15, 1996
    Last Structure Change Process Date: December 10, 1996
    Last Data Update: December 10, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: Georgia Highway 49, Byron, GA 31008
    County: Peach
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Albany Ga
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Macon, GA (#4680)
    Combined Statistical Area (CSA): Macon-Warner Robins-Fort Valley, GA (#356)
    Core Based Statistical Area (CBSA): Fort Valley, GA (#22980)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $110.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $35Total assets
  • $111,989Cash and due from depository institutions
  • $8,306Interest-bearing balances
  • $4,572Securities
  • $35,122Federal funds sold & reverse repurchase agreements
  • $2,510Net loans & leases
  • $62,137Loan loss allowance
  • $1,818Trading account assets
  • $0Bank premises and fixed assets
  • $1,405Other real estate owned
  • $391Goodwill and other intangibles
  • $2,118Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $111,989Total liabilities
  • $102,609Total deposits
  • $100,613Interest-bearing deposits
  • $92,587Deposits held in domestic offices
  • 100613.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,265Subordinated debt
  • $0All other liabilities
  • $731Total equity capital
  • $731Total bank equity capital
  • $9,380Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $3,800Undivided profits
  • Memoranda
  • $5,380Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,828Income earned, not collected on loans
  • $843Earning assets
  • $104,341Long-term assets (5+ years)
  • $12,412Average Assets, year-to-date
  • $107,448Average Assets, quarterly
  • $110,946Volatile liabilities
  • $15,334Insider loans
  • $941FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $4,617Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $9,276Total risk weighted assets
  • $66,478Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,545Total interest expense
  • $5,189Net interest income
  • $4,356Provision for loan and lease losses
  • $925Total noninterest income
  • $606Fiduciary activities
  • $0Service charges on deposit accounts
  • $441Trading account gains & fees
  • $0Additional noninterest income
  • $165Total noninterest expense
  • $2,310Salaries and employee benefits
  • $1,142Premises and equipment expense
  • $281Additional noninterest expense
  • $887Pre-tax net operating income
  • $1,727Securities gains (losses)
  • -$64Applicable income taxes
  • $387Income before extraordinary items
  • $1,276Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,276Net charge-offs
  • $478Cash dividends
  • $180Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.54%Cost of funding earning assets
  • 5.19%Net interest margin
  • 4.35%Noninterest income to earning assets
  • 0.61%Noninterest expense to earning assets
  • 2.31%Net operating income to assets
  • 1.23%Return on assets (ROA)
  • 1.19%Pretax return on assets
  • 1.55%Return on equity (ROE)
  • 14.59%Retained earnings to average equity (YTD only)
  • 12.53%Net charge-offs to loans
  • 0.75%Credit loss provision to net charge-offs
  • 193.51%Efficiency ratio
  • 46,554Assets per employee
  • 3.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 14.11%Loss allowance to loans
  • 2.84%Loss allowance to noncurrent loans
  • 99.45%Noncurrent assets plus other real estate owned to assets
  • 1.98%Noncurrent loans to loans
  • 2.86%Net loans and leases to deposits
  • 61.76%Net loans and leases to core deposits
  • 72.80%Equity capital to assets
  • 8.38%Core capital (leverage) ratio
  • 8.25%Tier 1 risk-based capital ratio
  • 13.95%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $107,448Average earning assets
  • $8,748Average equity
  • $100,044Average loans

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