Monroe County Bank in Forsyth, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Monroe County Bank - Overview

  • General
  • FDIC Certificate #: 156
    Status: Active
    Federal Reserve ID: 78036
    Bank Holding Company (Regulatory Top Holder): Country Bank Company (RSSDID: 1083194, Location: Forsyth, GA)
    Date Established: October 15, 1908
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 122
    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: January 01, 1934
    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: 1 East Main Street, Forsyth, GA 31029
    County: Monroe
    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
    Combined Statistical Area (CSA): Macon-Warner Robins-Fort Valley, GA (#356)
    Core Based Statistical Area (CBSA): Macon, GA (#31420)
    CBSA Metro Statistical Area: Macon, GA (#31420)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $94.3 mil
    Equity capital: $8.0 mil
    Deposits held in domestic offices: $86.0 mil
    Return on assets (ROA): -1.00% (-$0.9 mil)
    Quarterly return on assets: -2.23% (-$2.1 mil)
    Return on Equity (ROE): -11.80% (-$0.9 mil)
    Quarterly return on equity: -26.35% (-$2.1 mil)
    Net income: -$0.9 mil
    Quarterly Net income: -$0.5 mil
    Pretax return on assets: -1.00% (-$943.3 mil)
    Quarterly Pretax return on assets: -2.23% (-$2,103.5 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
  • 24Total employees (full-time equivalent)
  • $94,329Total assets
  • $24,356Cash and due from depository institutions
  • $23,288Interest-bearing balances
  • $6,000Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $59,562Net loans & leases
  • $1,496Loan loss allowance
  • $0Trading account assets
  • $2,572Bank premises and fixed assets
  • $1,121Other real estate owned
  • $0Goodwill and other intangibles
  • $94,329Life insurance assets
  • $718All other assets
  • $86,296Total liabilities and capital
  • $86,023Total liabilities
  • $71,687Total deposits
  • $86,023Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $273Subordinated debt
  • $8,033All other liabilities
  • $8,033Total equity capital
  • $8,033Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $11,400Surplus
  • $-4,367Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,073Income earned, not collected on loans
  • $0Earning assets
  • $263Long-term assets (5+ years)
  • $88,850Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $92,953Volatile liabilities
  • $93,252Insider loans
  • $52,559FHLB advances
  • $94,299Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,033Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,017Restructured Loans and leases
  • $408Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,010Total interest income
  • $2,061Total interest expense
  • $1,949Net interest income
  • $455Provision for loan and lease losses
  • $402Total noninterest income
  • $0Fiduciary activities
  • $483Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$81Additional noninterest income
  • $2,828Total noninterest expense
  • $1,247Salaries and employee benefits
  • $427Premises and equipment expense
  • $1,154Additional noninterest expense
  • -$932Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$932Income before extraordinary items
  • $0Extraordinary gains - net
  • -$932Net income attributable to bank
  • $0Net charge-offs
  • -$932Cash dividends
  • $509Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.69%Yield on earning assets
  • 2.41%Cost of funding earning assets
  • 2.28%Net interest margin
  • 0.47%Noninterest income to earning assets
  • 3.31%Noninterest expense to earning assets
  • -1.00%Net operating income to assets
  • -1.00%Return on assets (ROA)
  • -1.00%Pretax return on assets
  • -11.80%Return on equity (ROE)
  • -11.80%Retained earnings to average equity (YTD only)
  • 0.83%Net charge-offs to loans
  • 89.39%Credit loss provision to net charge-offs
  • -0.94%Efficiency ratio
  • 120,289Assets per employee
  • 3.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.45%Loss allowance to noncurrent loans
  • 48.68%Noncurrent assets plus other real estate owned to assets
  • 4.45%Noncurrent loans to loans
  • 5.03%Net loans and leases to deposits
  • 69.24%Net loans and leases to core deposits
  • 70.73%Equity capital to assets
  • 8.52%Core capital (leverage) ratio
  • 8.52%Tier 1 risk-based capital ratio
  • 15.28%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $92,953Average earning assets
  • $7,901Average equity
  • $85,535Average loans

List of branches

  • 2 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0122Monroe County Bank1 East Main Street, Forsyth, GA 31029October 15, 1908Full Service Brick and Mortar
    2365579Bolingbroke Branch10788 Estes Road, Macon, GA 31210October 28, 2002Full Service Brick and Mortar

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