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)
  • Show street view No street view available for this location

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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