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- Banks in Georgia (GA)
- Regions Bank
Regions Bank in Gainesville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of Febuary 02, 1998
- Regions Bank in Gainesville, Georgia (GA)
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Regions Bank - Overview
- General
- FDIC Certificate #: 26976
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Regions Bank (#12368)
Federal Reserve ID: 1217533
Date Established: June 01, 1987
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 74 (Interstate: No)
OTS Docket #: 13296
FDIC's unique #: 36391
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: June 01, 1987
Last Structure Change Effective Date: Febuary 02, 1998
Last Structure Change Process Date: March 18, 1998
Last Data Update: March 18, 1998
Data Source Date: April 05, 2012 - Location
- Address: 111 Green Street, S.E., 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) - Financial Summary
- Total assets: $3,521.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
- Dollar figures in thousands
- 1,307Total employees (full-time equivalent)
- $3,521,230Total assets
- $103,353Cash and due from depository institutions
- $3,434Interest-bearing balances
- $625,637Securities
- $106,900Federal funds sold & reverse repurchase agreements
- $2,573,526Net loans & leases
- $39,308Loan loss allowance
- $0Trading account assets
- $58,113Bank premises and fixed assets
- $1,669Other real estate owned
- $6,855Goodwill and other intangibles
- $0Life insurance assets
- $45,177All other assets
- $3,521,230Total liabilities and capital
- $3,147,145Total liabilities
- $3,073,776Total deposits
- $2,606,406Interest-bearing deposits
- $3,073,776Deposits held in domestic offices
- 0.00%% insured (estimated)
- $1,033Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $48,779Other borrowed funds
- $0Subordinated debt
- $23,557All other liabilities
- $374,085Total equity capital
- $374,085Total bank equity capital
- $374,085Perpetual preferred stock
- $0Common stock
- $3,004Surplus
- $134,499Undivided profits
- Memoranda
- $236,582Noncurrent loans and leases
- $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $24,850Earning assets
- $0Long-term assets (5+ years)
- $19,415Average Assets, year-to-date
- $3,309,497Average Assets, quarterly
- $574,689Volatile liabilities
- $3,403,996Insider loans
- $3,481,780FHLB advances
- $484,603Loans and leases held for sale
- $331Unused loan commitments
- $0Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $0Total risk weighted assets
- $555,404Total unused commitments
- $0Restructured Loans and leases
- $2,820,627Derivatives
Income and Expense (December 31, 1997)
- Dollar figures in thousands
- $290,891Total interest income
- $126,461Total interest expense
- $164,430Net interest income
- $8,206Provision for loan and lease losses
- $19,892Total noninterest income
- $2,986Fiduciary activities
- $13,005Service charges on deposit accounts
- $0Trading account gains & fees
- $3,901Additional noninterest income
- $98,168Total noninterest expense
- $47,513Salaries and employee benefits
- $11,716Premises and equipment expense
- $38,939Additional noninterest expense
- $77,948Pre-tax net operating income
- $37Securities gains (losses)
- $26,419Applicable income taxes
- $51,566Income before extraordinary items
- $0Extraordinary gains - net
- $51,566Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- $6,433Sale, conversion, retirement of capital stock, net
- $20,000Net operating income
Performance and Condition Ratios (December 31, 1997)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 9.13%Yield on earning assets
- 3.97%Cost of funding earning assets
- 5.16%Net interest margin
- 0.62%Noninterest income to earning assets
- 3.08%Noninterest expense to earning assets
- 1.51%Net operating income to assets
- 1.51%Return on assets (ROA)
- 2.29%Pretax return on assets
- 14.64%Return on equity (ROE)
- 8.96%Retained earnings to average equity (YTD only)
- 0.26%Net charge-offs to loans
- 127.56%Credit loss provision to net charge-offs
- 13.39%Efficiency ratio
- 52,916Assets per employee
- 2.69%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 38.79%Loss allowance to loans
- 1.50%Loss allowance to noncurrent loans
- 158.18%Noncurrent assets plus other real estate owned to assets
- 0.75%Noncurrent loans to loans
- 0.95%Net loans and leases to deposits
- 83.73%Net loans and leases to core deposits
- 98.38%Equity capital to assets
- 10.62%Core capital (leverage) ratio
- 10.73%Tier 1 risk-based capital ratio
- 12.91%Total risk-based capital ratio
- Memoranda
- $14Average assets
- $3,403,996Average earning assets
- $352,254Average equity
- $3,186,606Average loans
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- Banks in Georgia (GA)
- Regions Bank
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