Monroe County Bank in Forsyth, Georgia (GA)

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Monroe County Bank routing number info

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Monroe County Bank
GeneralFDIC 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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)24
Total assets$94,329
Cash and due from depository institutions$24,356
Interest-bearing balances$23,288
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$59,562
Loan loss allowance $1,496
Trading account assets$0
Bank premises and fixed assets$2,572
Other real estate owned$1,121
Goodwill and other intangibles$0
All other assets$718
Life insurance assets$94,329
Total liabilities and capital$86,296
Total liabilities$86,023
Total deposits$71,687
Interest-bearing deposits$86,023
Deposits held in domestic offices$96
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $273
All other liabilities $8,033
Total equity capital$8,033
Total bank equity capital$8,033
Perpetual preferred stock$0
Common stock$1,000
Undivided profits $-4,367
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $3,073
Earning assets $0
Long-term assets (5+ years) $263
Average Assets, year-to-date $88,850
Average Assets, quarterly $0
Volatile liabilities $92,953
Insider loans $93,252
FHLB advances $52,559
Loans and leases held for sale $94,299
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $8,033
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $3,017
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,010
Total interest expense $2,061
Net interest income $1,949
Provision for loan and lease losses $455
Total noninterest income $402
Fiduciary activities $0
Service charges on deposit accounts $483
Trading account gains & fees $0
Additional noninterest income -$81
Total noninterest expense $2,828
Salaries and employee benefits $1,247
Premises and equipment expense $427
Additional noninterest expense $1,154
Pre-tax net operating income -$932
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items -$932
Extraordinary gains - net $0
Net income attributable to bank -$932
Net charge-offs $0
Cash dividends -$932
Sale, conversion, retirement of capital stock, net $509
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.69%
Cost of funding earning assets 2.41%
Net interest margin 2.28%
Noninterest income to earning assets 0.47%
Noninterest expense to earning assets 3.31%
Net operating income to assets -1.00%
Return on assets (ROA) -1.00%
Pretax return on assets -1.00%
Return on equity (ROE) -11.80%
Retained earnings to average equity (YTD only) -11.80%
Net charge-offs to loans 0.83%
Credit loss provision to net charge-offs 89.39%
Efficiency ratio-0.94%
Assets per employee$120,289
Cash dividends to net income (YTD only)3.93%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.45%
Noncurrent assets plus other real estate owned to assets 48.68%
Noncurrent loans to loans 4.45%
Net loans and leases to deposits5.03%
Net loans and leases to core deposits 69.24%
Equity capital to assets 70.73%
Core capital (leverage) ratio 8.52%
Tier 1 risk-based capital ratio 8.52%
Total risk-based capital ratio 15.28%
Average assets$17
Average earning assets$92,953
Average equity $7,901
Average loans $85,535
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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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