Peach State Bank & Trust in Gainesville, Georgia (GA)

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Peach State Bank & Trust routing number info

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Peach State Bank & Trust
GeneralFDIC Certificate #: 57923
Status: Active
Federal Reserve ID: 3348468
Date Established: April 27, 2005
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 #: 431466
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: April 27, 2005
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: 325 Washington Street, Gainesville, GA 30501
County: Hall
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): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
Core Based Statistical Area (CBSA): Gainesville, GA (#23580)
CBSA Metro Statistical Area: Gainesville, GA (#23580)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $146.9 mil
Equity capital: $10.7 mil
Deposits held in domestic offices: $129.4 mil
Return on assets (ROA): -1.67% (-$2.5 mil)
Quarterly return on assets: -2.77% (-$4.1 mil)
Return on Equity (ROE): -29.49% (-$3.2 mil)
Quarterly return on equity: -45.95% (-$5.1 mil)
Net income: -$2.5 mil
Quarterly Net income: -$1.0 mil
Pretax return on assets: -1.67% (-$2,452.6 mil)
Quarterly Pretax return on assets: -2.76% (-$4,053.3 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)21
Total assets$146,860
Cash and due from depository institutions$20,567
Interest-bearing balances$8,760
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$95,624
Loan loss allowance $4,394
Trading account assets$0
Bank premises and fixed assets$4,329
Other real estate owned$5,845
Goodwill and other intangibles$0
All other assets$1,125
Life insurance assets$146,860
Total liabilities and capital$136,119
Total liabilities$129,369
Total deposits$109,922
Interest-bearing deposits$129,369
Deposits held in domestic offices$91
% insured (estimated)1313.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$5,000
Other borrowed funds $0
Subordinated debt $437
All other liabilities $10,741
Total equity capital$10,741
Total bank equity capital$10,741
Perpetual preferred stock$0
Common stock$11,497
Undivided profits $-7,675
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 $6,531
Earning assets $0
Long-term assets (5+ years) $445
Average Assets, year-to-date $123,754
Average Assets, quarterly $22,596
Volatile liabilities $148,880
Insider loans $148,946
FHLB advances $101,750
Loans and leases held for sale $152,009
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $10,481
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $7,154
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $6,551
Total interest expense $1,869
Net interest income $4,682
Provision for loan and lease losses $3,401
Total noninterest income -$233
Fiduciary activities $0
Service charges on deposit accounts $250
Trading account gains & fees $0
Additional noninterest income -$483
Total noninterest expense $3,535
Salaries and employee benefits $1,542
Premises and equipment expense $361
Additional noninterest expense $1,632
Pre-tax net operating income -$2,487
Securities gains (losses) $0
Applicable income taxes $3
Income before extraordinary items -$2,490
Extraordinary gains - net $0
Net income attributable to bank -$2,490
Net charge-offs $0
Cash dividends -$2,490
Sale, conversion, retirement of capital stock, net $2,195
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 assets5.06%
Cost of funding earning assets 1.44%
Net interest margin 3.62%
Noninterest income to earning assets -0.18%
Noninterest expense to earning assets 2.73%
Net operating income to assets -1.67%
Return on assets (ROA) -1.67%
Pretax return on assets -1.67%
Return on equity (ROE) -29.49%
Retained earnings to average equity (YTD only) -29.49%
Net charge-offs to loans 2.06%
Credit loss provision to net charge-offs 154.94%
Efficiency ratio0.42%
Assets per employee$79,456
Cash dividends to net income (YTD only)6.99%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 4.39%
Noncurrent assets plus other real estate owned to assets 67.28%
Noncurrent loans to loans 8.43%
Net loans and leases to deposits6.53%
Net loans and leases to core deposits 73.92%
Equity capital to assets 81.74%
Core capital (leverage) ratio 7.31%
Tier 1 risk-based capital ratio 6.89%
Total risk-based capital ratio 10.30%
Average assets$12
Average earning assets$148,880
Average equity $8,444
Average loans $129,392
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2 Georgia Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0431466Peach State Bank & Trust325 Washington Street, Gainesville, GA 30501April 27, 2005Full Service Brick and Mortar
1453799Messenger Service325 Washington Street, Gainesville, GA 30503June 01, 2005Limited Service Messenger
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