Northside Bank in Adairsville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Northside Bank in Adairsville, Georgia (GA)
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Northside Bank routing number info

Northside Bank - Overview

  • General
  • FDIC Certificate #: 57994
    Status: Active
    Federal Reserve ID: 3370384
    Bank Holding Company (Regulatory Top Holder): Northside Bancshares, Inc. (RSSDID: 3370393, Location: Adairsville, GA)
    Date Established: September 26, 2005
    WWW: http://www.northsidebankga.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 433263
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: September 26, 2005
    Last Structure Change Effective Date: June 14, 2007
    Last Structure Change Process Date: August 31, 2007
    Last Data Update: August 31, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 7741 Adairsville Highway, Adairsville, GA 30103
    County: Bartow
    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: $124.5 mil
    Equity capital: $4.1 mil
    Deposits held in domestic offices: $115.2 mil
    Return on assets (ROA): -0.39% (-$0.5 mil)
    Quarterly return on assets: 0.08% ($0.1 mil)
    Return on Equity (ROE): -11.74% (-$0.5 mil)
    Quarterly return on equity: 2.61% ($0.1 mil)
    Net income: -$0.5 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: -0.39% (-$485.7 mil)
    Quarterly Pretax return on assets: 0.08% ($99.6 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
  • 31Total employees (full-time equivalent)
  • $124,530Total assets
  • $7,276Cash and due from depository institutions
  • $5,441Interest-bearing balances
  • $21,404Securities
  • $995Federal funds sold & reverse repurchase agreements
  • $74,944Net loans & leases
  • $1,059Loan loss allowance
  • $0Trading account assets
  • $7,519Bank premises and fixed assets
  • $10,972Other real estate owned
  • $0Goodwill and other intangibles
  • $124,530Life insurance assets
  • $1,420All other assets
  • $120,465Total liabilities and capital
  • $115,207Total liabilities
  • $104,100Total deposits
  • $115,207Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $258Subordinated debt
  • $4,065All other liabilities
  • $4,065Total equity capital
  • $4,065Total bank equity capital
  • $0Perpetual preferred stock
  • $5,000Common stock
  • $11,276Surplus
  • $-12,211Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,133Income earned, not collected on loans
  • $0Earning assets
  • $367Long-term assets (5+ years)
  • $102,784Average Assets, year-to-date
  • $22,192Average Assets, quarterly
  • $128,159Volatile liabilities
  • $127,247Insider loans
  • $92,445FHLB advances
  • $127,533Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,058Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,659Restructured Loans and leases
  • $1,392Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,282Total interest income
  • $1,856Total interest expense
  • $3,426Net interest income
  • $452Provision for loan and lease losses
  • $882Total noninterest income
  • $0Fiduciary activities
  • $393Service charges on deposit accounts
  • $0Trading account gains & fees
  • $489Additional noninterest income
  • $4,554Total noninterest expense
  • $1,809Salaries and employee benefits
  • $638Premises and equipment expense
  • $2,107Additional noninterest expense
  • -$698Pre-tax net operating income
  • $197Securities gains (losses)
  • $0Applicable income taxes
  • -$501Income before extraordinary items
  • $0Extraordinary gains - net
  • -$501Net income attributable to bank
  • $0Net charge-offs
  • -$501Cash dividends
  • $677Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.93%Yield on earning assets
  • 1.73%Cost of funding earning assets
  • 3.19%Net interest margin
  • 0.82%Noninterest income to earning assets
  • 4.25%Noninterest expense to earning assets
  • -0.54%Net operating income to assets
  • -0.39%Return on assets (ROA)
  • -0.39%Pretax return on assets
  • -11.74%Return on equity (ROE)
  • -11.74%Retained earnings to average equity (YTD only)
  • 0.84%Net charge-offs to loans
  • 66.77%Credit loss provision to net charge-offs
  • -0.36%Efficiency ratio
  • 105,710Assets per employee
  • 4.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.39%Loss allowance to noncurrent loans
  • 25.62%Noncurrent assets plus other real estate owned to assets
  • 12.13%Noncurrent loans to loans
  • 5.44%Net loans and leases to deposits
  • 65.05%Net loans and leases to core deposits
  • 66.84%Equity capital to assets
  • 3.26%Core capital (leverage) ratio
  • 3.18%Tier 1 risk-based capital ratio
  • 4.39%Total risk-based capital ratio
  • Memoranda
  • $6Average assets
  • $128,159Average earning assets
  • $4,267Average equity
  • $107,236Average loans

List of branches

  • 3 Georgia Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    0433263Northside Bank7741 Adairsville Highway, Adairsville, GA 30103September 26, 2005Full Service Brick and Mortar
    1462271Cartersville Branch325 Cherokee Place, Cartersville, GA 30121November 14, 2005Full Service Brick and Mortar
    2473726Calhoun Branch1300 Lovers Lane Road, Calhoun, GA 30701March 10, 2008Full Service Brick and Mortar

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