THE PEOPLES BANK in Willacoochee, Georgia (GA)

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THE PEOPLES BANK routing number info

Table of contents:
GeneralFDIC Certificate #: 17073
Status: Active
Federal Reserve ID: 575133
Bank Holding Company (Regulatory Top Holder): Atkinson County Bankshares Corporation (RSSDID: 1081332, Location: Willacoochee, GA)
Date Established: September 24, 1948
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 12960
FDIC's unique #: 11128
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 15, 1952
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
LocationAddress: 6 Fleetwood Ave E, Willacoochee, GA 31650
County: Atkinson
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): Douglas, GA (#20060)
CBSA Micro Statistical Area: Yes
History of ChangesChange in Location
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $65.8 mil
Equity capital: $7.2 mil
Deposits held in domestic offices: $58.5 mil
Return on assets (ROA): 0.85% ($0.6 mil)
Quarterly return on assets: 1.03% ($0.7 mil)
Return on Equity (ROE): 7.70% ($0.5 mil)
Quarterly return on equity: 9.19% ($0.6 mil)
Net income: $0.5 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 0.85% ($559.5 mil)
Quarterly Pretax return on assets: 1.03% ($678.0 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)
Total employees (full-time equivalent)25
Total assets$65,829
Cash and due from depository institutions$16,721
Interest-bearing balances$3,500
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$29,442
Loan loss allowance $243
Trading account assets$0
Bank premises and fixed assets$835
Other real estate owned$327
Goodwill and other intangibles$0
All other assets$2,359
Life insurance assets$65,829
Total liabilities and capital$58,612
Total liabilities$58,522
Total deposits$46,148
Interest-bearing deposits$58,522
Deposits held in domestic offices$86
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $90
All other liabilities $7,217
Total equity capital$7,217
Total bank equity capital$7,217
Perpetual preferred stock$0
Common stock$90
Undivided profits $1,217
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $56
Earning assets $0
Long-term assets (5+ years) $460
Average Assets, year-to-date $49,087
Average Assets, quarterly $22,038
Volatile liabilities $63,078
Insider loans $63,519
FHLB advances $36,144
Loans and leases held for sale $63,606
Unused loan commitments $1,634
Tier 1 (core) risk-based capital $824
Tier 2 risk-based capital $7,217
Total risk weighted assets $0
Total unused commitments $810
Restructured Loans and leases $1,716
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,495
Total interest expense $565
Net interest income $1,930
Provision for loan and lease losses $0
Total noninterest income $493
Fiduciary activities $0
Service charges on deposit accounts $313
Trading account gains & fees $0
Additional noninterest income $180
Total noninterest expense $1,884
Salaries and employee benefits $1,177
Premises and equipment expense $165
Additional noninterest expense $542
Pre-tax net operating income $539
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $539
Extraordinary gains - net $0
Net income attributable to bank $539
Net charge-offs $0
Cash dividends $539
Sale, conversion, retirement of capital stock, net $0
Net operating income $170
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.04%
Cost of funding earning assets 1.14%
Net interest margin 3.90%
Noninterest income to earning assets 1.00%
Noninterest expense to earning assets 3.81%
Net operating income to assets 0.85%
Return on assets (ROA) 0.85%
Pretax return on assets 0.85%
Return on equity (ROE) 7.70%
Retained earnings to average equity (YTD only) 5.27%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$77,755
Cash dividends to net income (YTD only)2.63%
Condition Ratios (%)
Loss allowance to loans 31.54%
Loss allowance to noncurrent loans 0.82%
Noncurrent assets plus other real estate owned to assets 433.93%
Noncurrent loans to loans 0.58%
Net loans and leases to deposits0.19%
Net loans and leases to core deposits 50.31%
Equity capital to assets 57.68%
Core capital (leverage) ratio 10.96%
Tier 1 risk-based capital ratio 11.35%
Total risk-based capital ratio 19.97%
Average assets$21
Average earning assets$63,078
Average equity $7,000
Average loans $49,477
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2 Georgia Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
011128The Peoples Bank6 Fleetwood Ave E, Willacoochee, GA 31650September 24, 1948Full Service Brick and Mortar
1240345Pearson Branch788 Main Street North, Pearson, GA 31642April 08, 1991Full Service Brick and Mortar
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