Southwest Georgia Bank in Moultrie, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Southwest Georgia Bank - Overview

  • General
  • FDIC Certificate #: 2147
    Status: Active
    Federal Reserve ID: 699534
    Bank Holding Company (Regulatory Top Holder): Southwest Georgia Financial Corporation (RSSDID: 1081538, Location: Moultrie, GA)
    Date Established: January 03, 1928
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 9572
    FDIC's unique #: 1418
    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: January 01, 1934
    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
  • Location
  • Address: 201 First Street S. E., Moultrie, GA 31768
    County: Colquitt
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Albany Ga
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Moultrie, GA (#34220)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $305.0 mil
    Equity capital: $27.3 mil
    Deposits held in domestic offices: $249.5 mil
    Return on assets (ROA): 0.51% ($1.6 mil)
    Quarterly return on assets: 0.55% ($1.7 mil)
    Return on Equity (ROE): 5.88% ($1.6 mil)
    Quarterly return on equity: 6.01% ($1.6 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.63% ($1,921.4 mil)
    Quarterly Pretax return on assets: 0.65% ($1,982.4 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, 2011)

  • Dollar figures in thousands
  • 125Total employees (full-time equivalent)
  • $304,989Total assets
  • $22,030Cash and due from depository institutions
  • $15,478Interest-bearing balances
  • $80,979Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $178,045Net loans & leases
  • $3,100Loan loss allowance
  • $0Trading account assets
  • $9,942Bank premises and fixed assets
  • $2,358Other real estate owned
  • $547Goodwill and other intangibles
  • $304,989Life insurance assets
  • $11,088All other assets
  • $277,645Total liabilities and capital
  • $249,457Total liabilities
  • $192,927Total deposits
  • $249,457Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $24,000Trading liabilities
  • $0Other borrowed funds
  • $4,188Subordinated debt
  • $27,344All other liabilities
  • $27,344Total equity capital
  • $27,344Total bank equity capital
  • $0Perpetual preferred stock
  • $1,531Common stock
  • $10,425Surplus
  • $15,388Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,153Income earned, not collected on loans
  • $0Earning assets
  • $1,280Long-term assets (5+ years)
  • $274,502Average Assets, year-to-date
  • $114,470Average Assets, quarterly
  • $301,618Volatile liabilities
  • $299,005Insider loans
  • $183,409FHLB advances
  • $299,568Loans and leases held for sale
  • $4,160Unused loan commitments
  • $2,724Tier 1 (core) risk-based capital
  • $27,218Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,436Total unused commitments
  • $16,732Restructured Loans and leases
  • $5,110Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,099Total interest income
  • $2,198Total interest expense
  • $10,901Net interest income
  • $984Provision for loan and lease losses
  • $4,791Total noninterest income
  • $214Fiduciary activities
  • $1,417Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,160Additional noninterest income
  • $13,188Total noninterest expense
  • $7,717Salaries and employee benefits
  • $1,764Premises and equipment expense
  • $3,707Additional noninterest expense
  • $1,520Pre-tax net operating income
  • $381Securities gains (losses)
  • $349Applicable income taxes
  • $1,552Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,552Net income attributable to bank
  • $0Net charge-offs
  • $1,552Cash dividends
  • $639Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.82%Yield on earning assets
  • 0.81%Cost of funding earning assets
  • 4.01%Net interest margin
  • 1.76%Noninterest income to earning assets
  • 4.85%Noninterest expense to earning assets
  • 0.41%Net operating income to assets
  • 0.51%Return on assets (ROA)
  • 0.63%Pretax return on assets
  • 5.88%Return on equity (ROE)
  • 5.88%Retained earnings to average equity (YTD only)
  • 0.37%Net charge-offs to loans
  • 153.99%Credit loss provision to net charge-offs
  • 3.92%Efficiency ratio
  • 82,647Assets per employee
  • 2.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.71%Loss allowance to noncurrent loans
  • 268.86%Noncurrent assets plus other real estate owned to assets
  • 1.15%Noncurrent loans to loans
  • 0.64%Net loans and leases to deposits
  • 71.37%Net loans and leases to core deposits
  • 75.25%Equity capital to assets
  • 8.97%Core capital (leverage) ratio
  • 9.09%Tier 1 risk-based capital ratio
  • 14.84%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $301,618Average earning assets
  • $26,379Average equity
  • $271,808Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $26,518Managed Assets
  • 1Number of Accounts
  • $20,585Personal trust and agency accounts
  • $6,881Employee benefit-defined contribution accounts
  • $145Employee benefit-defined benefit accounts
  • $10,242Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $3,317Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 48Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $5,933Other retirement accounts
  • $18Corporate trust and agency accounts
  • $5,915Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 6 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01418Southwest Georgia Bank201 First Street S. E., Moultrie, GA 31768January 03, 1928Full Service Brick and Mortar
    146317Federal Branch25 Second Avenue, S.W., Moultrie, GA 31768June 15, 1990Limited Service Trust
    23876Baker County BranchHighways 91 And 200, Newton, GA 39870October 15, 1906Full Service Brick and Mortar
    3249509Pavo Branch1102 West Harris Street, Pavo, GA 31778September 21, 1987Full Service Brick and Mortar
    4125Sylvester Banking Company Branch300 North Main Street, Sylvester, GA 31791January 01, 1898Full Service Brick and Mortar
    5510142Valdosta Branch3500 North Valdosta Road, Valdosta, GA 31602June 09, 2010Full Service Brick and Mortar

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