One South Bank in Chipley, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • One South Bank in Chipley, Florida (FL)
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One South Bank - Overview

  • General
  • FDIC Certificate #: 58811
    Status: Active
    Federal Reserve ID: 3807880
    Date Established: October 29, 2008
    WWW: http://www.onesouthbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 18099
    FDIC's unique #: 468987
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: October 29, 2008
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1385 Main Street, Chipley, FL 32428
    County: Washington
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Pensacola
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $30.6 mil
    Equity capital: $5.5 mil
    Deposits held in domestic offices: $25.0 mil
    Return on assets (ROA): -1.43% (-$0.4 mil)
    Quarterly return on assets: -0.72% (-$0.2 mil)
    Return on Equity (ROE): -6.87% (-$0.4 mil)
    Quarterly return on equity: -3.95% (-$0.2 mil)
    Net income: -$0.4 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: -1.43% (-$437.3 mil)
    Quarterly Pretax return on assets: -0.72% (-$220.2 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
  • 7Total employees (full-time equivalent)
  • $30,581Total assets
  • $8,399Cash and due from depository institutions
  • $8,074Interest-bearing balances
  • $1,125Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $18,376Net loans & leases
  • $197Loan loss allowance
  • $0Trading account assets
  • $2,406Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $30,581Life insurance assets
  • $275All other assets
  • $25,040Total liabilities and capital
  • $25,002Total liabilities
  • $23,414Total deposits
  • $25,002Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $38Subordinated debt
  • $5,541All other liabilities
  • $5,541Total equity capital
  • $5,541Total bank equity capital
  • $0Perpetual preferred stock
  • $2,500Common stock
  • $5,000Surplus
  • $-1,959Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $180Long-term assets (5+ years)
  • $27,575Average Assets, year-to-date
  • $3,932Average Assets, quarterly
  • $27,325Volatile liabilities
  • $30,451Insider loans
  • $18,725FHLB advances
  • $30,634Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,500Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,214Restructured Loans and leases
  • $2,620Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,094Total interest income
  • $297Total interest expense
  • $797Net interest income
  • $43Provision for loan and lease losses
  • $20Total noninterest income
  • $0Fiduciary activities
  • $11Service charges on deposit accounts
  • $0Trading account gains & fees
  • $9Additional noninterest income
  • $1,165Total noninterest expense
  • $510Salaries and employee benefits
  • $202Premises and equipment expense
  • $453Additional noninterest expense
  • -$391Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$391Income before extraordinary items
  • $0Extraordinary gains - net
  • -$391Net income attributable to bank
  • $0Net charge-offs
  • -$391Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.73%Yield on earning assets
  • 1.28%Cost of funding earning assets
  • 3.45%Net interest margin
  • 0.09%Noninterest income to earning assets
  • 5.04%Noninterest expense to earning assets
  • -1.43%Net operating income to assets
  • -1.43%Return on assets (ROA)
  • -1.43%Pretax return on assets
  • -6.87%Return on equity (ROE)
  • -6.87%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 142,595Assets per employee
  • 4.37%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.06%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 73.50%Net loans and leases to core deposits
  • 86.90%Equity capital to assets
  • 18.12%Core capital (leverage) ratio
  • 17.95%Tier 1 risk-based capital ratio
  • 29.37%Total risk-based capital ratio
  • Memoranda
  • $30Average assets
  • $27,325Average earning assets
  • $5,695Average equity
  • $23,131Average loans

List of branches

  • 1 Florida Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0468987One South Bank1385 Main Street, Chipley, FL 32428October 29, 2008Full Service Brick and Mortar

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