Rabun County Bank in Clayton, Georgia (GA)



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Rabun County Bank routing number info

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Rabun County Bank
GeneralFDIC Certificate #: 22138
Status: Active
Federal Reserve ID: 514936
Bank Holding Company (Regulatory Top Holder): Liberty Bancorp Of Georgia, Inc. (RSSDID: 1085228, Location: Clayton, GA)
Date Established: October 10, 1975
WWW: http://www.rabuncountybank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
OTS Docket #: 11806
FDIC's unique #: 15378
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: October 10, 1975
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: 121 Rickman Street, Clayton, GA 30525
County: Rabun
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
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $230.4 mil
Equity capital: $12.2 mil
Deposits held in domestic offices: $198.3 mil
Return on assets (ROA): -4.35% (-$10.0 mil)
Quarterly return on assets: -15.50% (-$35.6 mil)
Return on Equity (ROE): -53.63% (-$6.4 mil)
Quarterly return on equity: -220.44% (-$26.5 mil)
Net income: -$11.0 mil
Quarterly Net income: -$9.3 mil
Pretax return on assets: -3.45% (-$7,947.6 mil)
Quarterly Pretax return on assets: -11.67% (-$26,883.5 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)50
Total assets$230,364
Cash and due from depository institutions$60,227
Interest-bearing balances$58,287
Securities$12,250
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$136,727
Loan loss allowance $7,105
Trading account assets$0
Bank premises and fixed assets$3,681
Other real estate owned$10,580
Goodwill and other intangibles$0
All other assets$6,899
Life insurance assets$230,364
Total liabilities and capital$218,203
Total liabilities$198,287
Total deposits$176,636
Interest-bearing deposits$198,287
Deposits held in domestic offices$96
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$17,794
Other borrowed funds $0
Subordinated debt $2,122
All other liabilities $12,161
Total equity capital$12,161
Total bank equity capital$12,161
Perpetual preferred stock$0
Common stock$720
Surplus$21,863
Undivided profits $-10,422
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $248
Income earned, not collected on loans $8,089
Earning assets $0
Long-term assets (5+ years) $659
Average Assets, year-to-date $207,264
Average Assets, quarterly $42,712
Volatile liabilities $253,985
Insider loans $238,969
FHLB advances $135,904
Loans and leases held for sale $241,468
Unused loan commitments $3,878
Tier 1 (core) risk-based capital $3,878
Tier 2 risk-based capital $12,130
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $8,651
Derivatives$2,873
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $10,872
Total interest expense $3,295
Net interest income $7,577
Provision for loan and lease losses $8,800
Total noninterest income $757
Fiduciary activities $0
Service charges on deposit accounts $293
Trading account gains & fees $0
Additional noninterest income $464
Total noninterest expense $8,370
Salaries and employee benefits $3,257
Premises and equipment expense $398
Additional noninterest expense $4,715
Pre-tax net operating income -$8,836
Securities gains (losses) $80
Applicable income taxes $2,288
Income before extraordinary items -$11,044
Extraordinary gains - net $0
Net income attributable to bank -$11,044
Net charge-offs $0
Cash dividends -$11,044
Sale, conversion, retirement of capital stock, net $5,094
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 assets4.69%
Cost of funding earning assets 1.42%
Net interest margin 3.27%
Noninterest income to earning assets 0.33%
Noninterest expense to earning assets 3.61%
Net operating income to assets -4.38%
Return on assets (ROA) -4.35%
Pretax return on assets -3.45%
Return on equity (ROE) -53.63%
Retained earnings to average equity (YTD only) -53.63%
Net charge-offs to loans 3.05%
Credit loss provision to net charge-offs 172.75%
Efficiency ratio-0.01%
Assets per employee$100,432
Cash dividends to net income (YTD only)4.61%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 4.94%
Noncurrent assets plus other real estate owned to assets 87.84%
Noncurrent loans to loans 8.16%
Net loans and leases to deposits5.62%
Net loans and leases to core deposits 68.95%
Equity capital to assets 72.18%
Core capital (leverage) ratio 5.28%
Tier 1 risk-based capital ratio 5.02%
Total risk-based capital ratio 8.93%
Memoranda
Average assets$10
Average earning assets$253,985
Average equity $20,593
Average loans $231,895
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3 Georgia Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
015378Rabun County Bank121 Rickman Street, Clayton, GA 30525October 10, 1975Full Service Brick and Mortar
1254115North Rabun Branch7408 State Highway 441 North, Dillard, GA 30537April 16, 1984Full Service Brick and Mortar
2254116Traditions Bank210 Cannon Bridge Rd, Cornelia, GA 30531June 07, 1999Full Service Brick and Mortar
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