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- Banks in Georgia (GA)
- Middle Georgia Bank
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)
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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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- Banks in Georgia (GA)
- Middle Georgia Bank
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