Regions Bank, FSB in Griffin, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 13, 1998

  • Regions Bank, FSB in Griffin, Georgia (GA)
  • Show street view No street view available for this location

Regions Bank, FSB - Overview

  • General
  • FDIC Certificate #: 31219
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank (#12368)
    Federal Reserve ID: 776471
    Date Established: November 25, 1960
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 6557
    FDIC's unique #: 44053
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: November 25, 1960
    Last Structure Change Effective Date: April 13, 1998
    Last Structure Change Process Date: April 27, 1998
    Last Data Update: April 27, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 327 West Taylor, Griffin, GA 30223
    County: Spalding
    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
    Metropolitan Statistical Area (MSA): Atlanta, GA (#520)
    Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
    Core Based Statistical Area (CBSA): Atlanta-Sandy Springs-Marietta, GA (#12060)
    CBSA Metro Statistical Area: Atlanta-Sandy Springs-Marietta, GA (#12060)
  • Financial Summary
  • Total assets: $96.7 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
  • 37Total employees (full-time equivalent)
  • $98,396Total assets
  • $8,571Cash and due from depository institutions
  • $8,050Interest-bearing balances
  • $2,924Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $83,431Net loans & leases
  • $572Loan loss allowance
  • $0Trading account assets
  • $841Bank premises and fixed assets
  • $563Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,066All other assets
  • $98,396Total liabilities and capital
  • $87,237Total liabilities
  • $84,091Total deposits
  • $84,091Interest-bearing deposits
  • $84,091Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,548Other borrowed funds
  • $0Subordinated debt
  • $598All other liabilities
  • $11,159Total equity capital
  • $11,159Total bank equity capital
  • $11,159Perpetual preferred stock
  • $0Common stock
  • $726Surplus
  • $4,284Undivided profits
  • Memoranda
  • $6,149Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,845Earning assets
  • $0Long-term assets (5+ years)
  • $756Average Assets, year-to-date
  • $94,405Average Assets, quarterly
  • $0Volatile liabilities
  • $98,040Insider loans
  • $98,560FHLB advances
  • $18,024Loans and leases held for sale
  • $571Unused loan commitments
  • $2,548Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $10,978Total unused commitments
  • $0Restructured Loans and leases
  • $70,531Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $8,459Total interest income
  • $4,208Total interest expense
  • $4,251Net interest income
  • $175Provision for loan and lease losses
  • $1,230Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,230Additional noninterest income
  • $5,526Total noninterest expense
  • $3,438Salaries and employee benefits
  • $622Premises and equipment expense
  • $1,466Additional noninterest expense
  • -$220Pre-tax net operating income
  • $2,511Securities gains (losses)
  • $817Applicable income taxes
  • $1,474Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,474Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $126Sale, conversion, retirement of capital stock, net
  • $950Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.06%Yield on earning assets
  • 4.51%Cost of funding earning assets
  • 4.55%Net interest margin
  • 1.32%Noninterest income to earning assets
  • 5.92%Noninterest expense to earning assets
  • -0.14%Net operating income to assets
  • 1.50%Return on assets (ROA)
  • 2.34%Pretax return on assets
  • 13.50%Return on equity (ROE)
  • 4.80%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 138.89%Credit loss provision to net charge-offs
  • -0.36%Efficiency ratio
  • 100,821Assets per employee
  • 2.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 64.45%Loss allowance to loans
  • 0.68%Loss allowance to noncurrent loans
  • 31.00%Noncurrent assets plus other real estate owned to assets
  • 2.45%Noncurrent loans to loans
  • 2.20%Net loans and leases to deposits
  • 99.22%Net loans and leases to core deposits
  • 121.59%Equity capital to assets
  • 11.34%Core capital (leverage) ratio
  • 11.33%Tier 1 risk-based capital ratio
  • 15.80%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $98,040Average earning assets
  • $10,915Average equity
  • $93,349Average loans

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

CAPTCHA

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