REGIONS BANK OF ROME in Rome, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 19, 1996

REGIONS BANK OF ROME in Rome, Georgia (GA)
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REGIONS BANK OF ROME - Overview

General
FDIC Certificate #: 27342
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Regions Bank (#26976)
Federal Reserve ID: 1217533
Date Established: October 03, 1988
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 39616
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: October 03, 1988
Last Structure Change Effective Date: April 19, 1996
Last Structure Change Process Date: August 08, 1996
Last Data Update: January 24, 1998
Data Source Date: April 05, 2012
Location
Address: 400 Turner Mccall Boulevard, Rome, GA 30162
County: Floyd
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
Core Based Statistical Area (CBSA): Rome, GA (#40660)
CBSA Metro Statistical Area: Rome, GA (#40660)
Financial Summary
Total assets: $193.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$46Total assets
$174,827Cash and due from depository institutions
$1,573Interest-bearing balances
$0Securities
$39,298Federal funds sold & reverse repurchase agreements
$33,900Net loans & leases
$93,847Loan loss allowance
$1,159Trading account assets
$0Bank premises and fixed assets
$3,857Other real estate owned
$0Goodwill and other intangibles
$2,352Life insurance assets
$0All other assets
$0Total liabilities and capital
$174,827Total liabilities
$161,982Total deposits
$160,607Interest-bearing deposits
$122,817Deposits held in domestic offices
160607.00%% insured (estimated)
$66Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$106Subordinated debt
$0All other liabilities
$1,269Total equity capital
$1,269Total bank equity capital
$12,845Perpetual preferred stock
$0Common stock
$500Surplus
$8,733Undivided profits
Memoranda
$3,612Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,681Income earned, not collected on loans
$1,049Earning assets
$167,045Long-term assets (5+ years)
$15,038Average Assets, year-to-date
$158,189Average Assets, quarterly
$173,570Volatile liabilities
$33,518Insider loans
$3,216FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$7,381Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$13,182Total risk weighted assets
$112,984Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$12,217Total interest expense
$5,693Net interest income
$6,524Provision for loan and lease losses
$300Total noninterest income
$635Fiduciary activities
$0Service charges on deposit accounts
$550Trading account gains & fees
$0Additional noninterest income
$85Total noninterest expense
$3,522Salaries and employee benefits
$1,475Premises and equipment expense
$527Additional noninterest expense
$1,520Pre-tax net operating income
$3,337Securities gains (losses)
-$35Applicable income taxes
$1,121Income before extraordinary items
$2,181Extraordinary gains - net
$0Net income attributable to bank
$2,181Net charge-offs
$153Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.26%Cost of funding earning assets
3.85%Net interest margin
4.41%Noninterest income to earning assets
0.43%Noninterest expense to earning assets
2.38%Net operating income to assets
1.39%Return on assets (ROA)
1.38%Pretax return on assets
2.09%Return on equity (ROE)
19.08%Retained earnings to average equity (YTD only)
19.08%Net charge-offs to loans
0.17%Credit loss provision to net charge-offs
196.08%Efficiency ratio
49,197Assets per employee
3.80%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.22%Loss allowance to noncurrent loans
68.95%Noncurrent assets plus other real estate owned to assets
0.96%Noncurrent loans to loans
1.77%Net loans and leases to deposits
58.43%Net loans and leases to core deposits
73.78%Equity capital to assets
7.35%Core capital (leverage) ratio
7.67%Tier 1 risk-based capital ratio
11.67%Total risk-based capital ratio
Memoranda
$13Average assets
$158,189Average earning assets
$11,430Average equity
$147,949Average loans

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