Peoples Bank in Blackshear, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 16, 2007

  • Peoples Bank in Blackshear, Georgia (GA)
  • Show street view No street view available for this location

Peoples Bank - Overview

  • General
  • FDIC Certificate #: 16498
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Heritage Bank (#193)
    Federal Reserve ID: 439
    Date Established: July 13, 1946
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 10658
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 15, 1946
    Last Structure Change Effective Date: August 16, 2007
    Last Structure Change Process Date: September 26, 2007
    Last Data Update: September 26, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Blackshear, GA 31516
    County: Pierce
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Albany Ga
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Waycross, GA (#48180)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $198.7 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, 2006)

  • Dollar figures in thousands
  • 60Total employees (full-time equivalent)
  • $187,602Total assets
  • $7,058Cash and due from depository institutions
  • $67Interest-bearing balances
  • $24,014Securities
  • $112Federal funds sold & reverse repurchase agreements
  • $136,289Net loans & leases
  • $1,820Loan loss allowance
  • $0Trading account assets
  • $3,467Bank premises and fixed assets
  • $16Other real estate owned
  • $13,954Goodwill and other intangibles
  • $0Life insurance assets
  • $2,692All other assets
  • $187,602Total liabilities and capital
  • $157,682Total liabilities
  • $155,696Total deposits
  • $117,609Interest-bearing deposits
  • $155,696Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,986All other liabilities
  • $29,920Total equity capital
  • $29,920Total bank equity capital
  • $29,920Perpetual preferred stock
  • $0Common stock
  • $596Surplus
  • $26,808Undivided profits
  • Memoranda
  • $2,516Noncurrent loans and leases
  • $10,238Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $146Earning assets
  • $0Long-term assets (5+ years)
  • $1,885Average Assets, year-to-date
  • $160,482Average Assets, quarterly
  • $16,059Volatile liabilities
  • $184,492Insider loans
  • $188,584FHLB advances
  • $28,789Loans and leases held for sale
  • $2,371Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $10,238Total unused commitments
  • $0Restructured Loans and leases
  • $1,713Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $11,831Total interest income
  • $3,754Total interest expense
  • $8,077Net interest income
  • $277Provision for loan and lease losses
  • $1,276Total noninterest income
  • $0Fiduciary activities
  • $1,081Service charges on deposit accounts
  • $0Trading account gains & fees
  • $195Additional noninterest income
  • $5,219Total noninterest expense
  • $2,844Salaries and employee benefits
  • $617Premises and equipment expense
  • $1,758Additional noninterest expense
  • $3,857Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,303Applicable income taxes
  • $2,554Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,554Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $18Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.48%Yield on earning assets
  • 2.37%Cost of funding earning assets
  • 5.11%Net interest margin
  • 0.81%Noninterest income to earning assets
  • 3.30%Noninterest expense to earning assets
  • 1.38%Net operating income to assets
  • 1.38%Return on assets (ROA)
  • 2.09%Pretax return on assets
  • 9.81%Return on equity (ROE)
  • 9.81%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 1538.89%Credit loss provision to net charge-offs
  • 229.67%Efficiency ratio
  • 50,401Assets per employee
  • 3.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.32%Loss allowance to noncurrent loans
  • 1246.58%Noncurrent assets plus other real estate owned to assets
  • 0.09%Noncurrent loans to loans
  • 0.11%Net loans and leases to deposits
  • 87.54%Net loans and leases to core deposits
  • 107.39%Equity capital to assets
  • 15.95%Core capital (leverage) ratio
  • 9.07%Tier 1 risk-based capital ratio
  • 11.68%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $184,492Average earning assets
  • $26,024Average equity
  • $158,171Average loans

Comment about this bank, ask questions, or add new information about it:


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Peoples Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents