Peach State Bank & Trust in Gainesville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Peach State Bank & Trust - Overview

  • General
  • FDIC Certificate #: 57923
    Status: Active
    Federal Reserve ID: 3348468
    Date Established: April 27, 2005
    WWW: http://www.peachstatebank.com
    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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 21Total employees (full-time equivalent)
  • $146,860Total assets
  • $20,567Cash and due from depository institutions
  • $8,760Interest-bearing balances
  • $19,370Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $95,624Net loans & leases
  • $4,394Loan loss allowance
  • $0Trading account assets
  • $4,329Bank premises and fixed assets
  • $5,845Other real estate owned
  • $0Goodwill and other intangibles
  • $146,860Life insurance assets
  • $1,125All other assets
  • $136,119Total liabilities and capital
  • $129,369Total liabilities
  • $109,922Total deposits
  • $129,369Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 1313.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $437Subordinated debt
  • $10,741All other liabilities
  • $10,741Total equity capital
  • $10,741Total bank equity capital
  • $0Perpetual preferred stock
  • $11,497Common stock
  • $6,919Surplus
  • $-7,675Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,531Income earned, not collected on loans
  • $0Earning assets
  • $445Long-term assets (5+ years)
  • $123,754Average Assets, year-to-date
  • $22,596Average Assets, quarterly
  • $148,880Volatile liabilities
  • $148,946Insider loans
  • $101,750FHLB advances
  • $152,009Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,481Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,154Restructured Loans and leases
  • $4,062Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,551Total interest income
  • $1,869Total interest expense
  • $4,682Net interest income
  • $3,401Provision for loan and lease losses
  • -$233Total noninterest income
  • $0Fiduciary activities
  • $250Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$483Additional noninterest income
  • $3,535Total noninterest expense
  • $1,542Salaries and employee benefits
  • $361Premises and equipment expense
  • $1,632Additional noninterest expense
  • -$2,487Pre-tax net operating income
  • $0Securities gains (losses)
  • $3Applicable income taxes
  • -$2,490Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,490Net income attributable to bank
  • $0Net charge-offs
  • -$2,490Cash dividends
  • $2,195Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.06%Yield on earning assets
  • 1.44%Cost of funding earning assets
  • 3.62%Net interest margin
  • -0.18%Noninterest income to earning assets
  • 2.73%Noninterest expense to earning assets
  • -1.67%Net operating income to assets
  • -1.67%Return on assets (ROA)
  • -1.67%Pretax return on assets
  • -29.49%Return on equity (ROE)
  • -29.49%Retained earnings to average equity (YTD only)
  • 2.06%Net charge-offs to loans
  • 154.94%Credit loss provision to net charge-offs
  • 0.42%Efficiency ratio
  • 79,456Assets per employee
  • 6.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.39%Loss allowance to noncurrent loans
  • 67.28%Noncurrent assets plus other real estate owned to assets
  • 8.43%Noncurrent loans to loans
  • 6.53%Net loans and leases to deposits
  • 73.92%Net loans and leases to core deposits
  • 81.74%Equity capital to assets
  • 7.31%Core capital (leverage) ratio
  • 6.89%Tier 1 risk-based capital ratio
  • 10.30%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $148,880Average earning assets
  • $8,444Average equity
  • $129,392Average loans

List of branches

  • 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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