Southland Bank b/b/a Ameris in Dothan, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 11, 2006

  • Southland Bank b/b/a Ameris in Dothan, Alabama (AL)
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Southland Bank b/b/a Ameris - Overview

  • General
  • FDIC Certificate #: 5599
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Ameris Bank (#20504)
    Federal Reserve ID: 602235
    Date Established: August 13, 1887
    WWW: http://www.amerisbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Interstate: No)
    OTS Docket #: 9347
    FDIC's unique #: 3812
    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: January 01, 1934
    Last Structure Change Effective Date: Febuary 11, 2006
    Last Structure Change Process Date: Febuary 16, 2006
    Last Data Update: Febuary 16, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 3299 Ross Clark Circle, Dothan, AL 36303
    County: Houston
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Montgomery
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Dothan, AL (#2180)
    Combined Statistical Area (CSA): Dothan-Enterprise-Ozark, AL (#222)
    Core Based Statistical Area (CBSA): Dothan, AL (#20020)
    CBSA Metro Statistical Area: Dothan, AL (#20020)
  • Financial Summary
  • Total assets: $285.4 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, 2005)

  • Dollar figures in thousands
  • 62Total employees (full-time equivalent)
  • $285,431Total assets
  • $60,857Cash and due from depository institutions
  • $60,357Interest-bearing balances
  • $25,407Securities
  • $33,826Federal funds sold & reverse repurchase agreements
  • $153,925Net loans & leases
  • $3,122Loan loss allowance
  • $0Trading account assets
  • $2,617Bank premises and fixed assets
  • $187Other real estate owned
  • $3,363Goodwill and other intangibles
  • $0Life insurance assets
  • $5,249All other assets
  • $285,431Total liabilities and capital
  • $263,335Total liabilities
  • $182,827Total deposits
  • $159,153Interest-bearing deposits
  • $182,827Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $68,448Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $11,100Other borrowed funds
  • $0Subordinated debt
  • $960All other liabilities
  • $22,096Total equity capital
  • $22,096Total bank equity capital
  • $22,096Perpetual preferred stock
  • $0Common stock
  • $3Surplus
  • $13,935Undivided profits
  • Memoranda
  • $8,158Noncurrent loans and leases
  • $20,988Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $342Earning assets
  • $0Long-term assets (5+ years)
  • $2,934Average Assets, year-to-date
  • $273,515Average Assets, quarterly
  • $12,424Volatile liabilities
  • $251,535Insider loans
  • $263,000FHLB advances
  • $126,792Loans and leases held for sale
  • $1,918Unused loan commitments
  • $11,100Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $20,988Total unused commitments
  • $0Restructured Loans and leases
  • $2,209Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $14,552Total interest income
  • $5,750Total interest expense
  • $8,802Net interest income
  • $516Provision for loan and lease losses
  • $1,573Total noninterest income
  • $0Fiduciary activities
  • $1,403Service charges on deposit accounts
  • $0Trading account gains & fees
  • $170Additional noninterest income
  • $5,323Total noninterest expense
  • $2,385Salaries and employee benefits
  • $475Premises and equipment expense
  • $2,463Additional noninterest expense
  • $4,536Pre-tax net operating income
  • -$31Securities gains (losses)
  • $1,577Applicable income taxes
  • $2,928Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,928Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $251Sale, conversion, retirement of capital stock, net
  • $1,600Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.18%Yield on earning assets
  • 2.44%Cost of funding earning assets
  • 3.74%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 2.26%Noninterest expense to earning assets
  • 1.17%Net operating income to assets
  • 1.16%Return on assets (ROA)
  • 1.79%Pretax return on assets
  • 13.28%Return on equity (ROE)
  • 6.02%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • 205.58%Credit loss provision to net charge-offs
  • 20.13%Efficiency ratio
  • 51,306Assets per employee
  • 4.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.64%Loss allowance to loans
  • 1.99%Loss allowance to noncurrent loans
  • 912.87%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.22%Net loans and leases to deposits
  • 84.19%Net loans and leases to core deposits
  • 123.65%Equity capital to assets
  • 7.74%Core capital (leverage) ratio
  • 7.31%Tier 1 risk-based capital ratio
  • 10.81%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $251,535Average earning assets
  • $22,047Average equity
  • $235,354Average loans

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