State Bank of Cochran in Cochran, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

State Bank of Cochran - Overview

  • General
  • FDIC Certificate #: 872
    Status: Active
    Federal Reserve ID: 333034
    Bank Holding Company (Regulatory Top Holder): Central Georgia Banking Company (RSSDID: 3184125, Location: Cochran, GA)
    Date Established: January 05, 1922
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 555
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 30, 2009
    Last Structure Change Process Date: August 03, 2009
    Last Data Update: August 03, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 112 E Beech Street, Cochran, GA 31014
    County: Bleckley
    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
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $220.4 mil
    Equity capital: $23.8 mil
    Deposits held in domestic offices: $195.9 mil
    Return on assets (ROA): 0.47% ($1.0 mil)
    Quarterly return on assets: 0.66% ($1.5 mil)
    Return on Equity (ROE): 4.47% ($1.1 mil)
    Quarterly return on equity: 6.10% ($1.5 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.47% ($1,035.7 mil)
    Quarterly Pretax return on assets: 0.66% ($1,454.4 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
  • 52Total employees (full-time equivalent)
  • $220,365Total assets
  • $32,948Cash and due from depository institutions
  • $26,407Interest-bearing balances
  • $24,760Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $154,048Net loans & leases
  • $4,345Loan loss allowance
  • $0Trading account assets
  • $1,308Bank premises and fixed assets
  • $3,491Other real estate owned
  • $0Goodwill and other intangibles
  • $220,365Life insurance assets
  • $3,810All other assets
  • $196,579Total liabilities and capital
  • $195,873Total liabilities
  • $153,781Total deposits
  • $195,873Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $706Subordinated debt
  • $23,786All other liabilities
  • $23,786Total equity capital
  • $23,786Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $7,000Surplus
  • $15,786Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,774Income earned, not collected on loans
  • $0Earning assets
  • $1,260Long-term assets (5+ years)
  • $205,215Average Assets, year-to-date
  • $9,949Average Assets, quarterly
  • $220,394Volatile liabilities
  • $218,345Insider loans
  • $142,759FHLB advances
  • $219,196Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $23,808Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,956Restructured Loans and leases
  • $349Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,216Total interest income
  • $1,882Total interest expense
  • $9,334Net interest income
  • $2,695Provision for loan and lease losses
  • $18Total noninterest income
  • $0Fiduciary activities
  • $762Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$744Additional noninterest income
  • $5,612Total noninterest expense
  • $2,617Salaries and employee benefits
  • $487Premises and equipment expense
  • $2,508Additional noninterest expense
  • $1,045Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,045Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,045Net income attributable to bank
  • $0Net charge-offs
  • $1,045Cash dividends
  • $3,991Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.46%Yield on earning assets
  • 0.92%Cost of funding earning assets
  • 4.55%Net interest margin
  • 0.01%Noninterest income to earning assets
  • 2.73%Noninterest expense to earning assets
  • 0.47%Net operating income to assets
  • 0.47%Return on assets (ROA)
  • 0.47%Pretax return on assets
  • 4.47%Return on equity (ROE)
  • 4.47%Retained earnings to average equity (YTD only)
  • 2.51%Net charge-offs to loans
  • 67.53%Credit loss provision to net charge-offs
  • 0.94%Efficiency ratio
  • 60,009Assets per employee
  • 4.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.74%Loss allowance to noncurrent loans
  • 115.13%Noncurrent assets plus other real estate owned to assets
  • 3.30%Noncurrent loans to loans
  • 2.38%Net loans and leases to deposits
  • 78.65%Net loans and leases to core deposits
  • 80.31%Equity capital to assets
  • 10.79%Core capital (leverage) ratio
  • 10.86%Tier 1 risk-based capital ratio
  • 16.68%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $220,394Average earning assets
  • $23,390Average equity
  • $205,361Average loans

List of branches

  • 4 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0555State Bank Of Cochran112 E Beech Street, Cochran, GA 31014January 05, 1922Full Service Brick and Mortar
    13882Wrightsville Branch2498 W Elm Street, Wrightsville, GA 31096December 20, 1909Full Service Brick and Mortar
    2249237Dublin Branch2040 Veterans Boulevard, Dublin, GA 31021Febuary 15, 1990Full Service Brick and Mortar
    3359600Dexter Branch109 East Main Street, Dexter, GA 31019Febuary 26, 2001Full Service Brick and Mortar

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