FDIC Certificate #: 5686 Status: Active Federal Reserve ID: 610539 Bank Holding Company (Regulatory Top Holder): Boe Bancshares, Inc. (RSSDID: 1086140, Location: Edison, GA) Date Established: October 01, 1904 Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 3871 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 01, 1934 Last Structure Change Effective Date: June 02, 2010 Last Structure Change Process Date: June 02, 2010 Last Data Update: June 02, 2010 Data Source Date: April 05, 2012
Location
Address: 476 Turner Street, Edison, GA 39846 County: Calhoun 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: $41.3 mil Equity capital: $4.3 mil Deposits held in domestic offices: $33.1 mil Return on assets (ROA): 1.00% ($0.4 mil) Quarterly return on assets: 0.06% ($0.0 mil) Return on Equity (ROE): 10.40% ($0.4 mil) Quarterly return on equity: 0.55% ($0.0 mil) Net income: $0.4 mil Quarterly Net income: $0.0 mil Pretax return on assets: 1.00% ($412.8 mil) Quarterly Pretax return on assets: 0.06% ($24.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
16Total employees (full-time equivalent)
$41,277Total assets
$1,366Cash and due from depository institutions
$87Interest-bearing balances
$20,310Securities
$0Federal funds sold & reverse repurchase agreements
$18,373Net loans & leases
$287Loan loss allowance
$0Trading account assets
$269Bank premises and fixed assets
$243Other real estate owned
$0Goodwill and other intangibles
$41,277Life insurance assets
$716All other assets
$37,021Total liabilities and capital
$33,103Total liabilities
$27,248Total deposits
$33,103Interest-bearing deposits
$99Deposits held in domestic offices
655.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$3,217Trading liabilities
$0Other borrowed funds
$46Subordinated debt
$4,256All other liabilities
$4,256Total equity capital
$4,256Total bank equity capital
$0Perpetual preferred stock
$400Common stock
$2,400Surplus
$1,456Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$664Income earned, not collected on loans
$0Earning assets
$337Long-term assets (5+ years)
$38,770Average Assets, year-to-date
$23,595Average Assets, quarterly
$42,339Volatile liabilities
$42,421Insider loans
$21,074FHLB advances
$41,991Loans and leases held for sale
$15Unused loan commitments
$15Tier 1 (core) risk-based capital
$4,029Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,691Restructured Loans and leases
$953Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,191Total interest income
$487Total interest expense
$1,704Net interest income
$45Provision for loan and lease losses
$182Total noninterest income
$0Fiduciary activities
$159Service charges on deposit accounts
$0Trading account gains & fees
$23Additional noninterest income
$1,523Total noninterest expense
$904Salaries and employee benefits
$122Premises and equipment expense
$497Additional noninterest expense
$318Pre-tax net operating income
$105Securities gains (losses)
$0Applicable income taxes
$423Income before extraordinary items
$0Extraordinary gains - net
$423Net income attributable to bank
$0Net charge-offs
$423Cash dividends
$83Sale, conversion, retirement of capital stock, net
$394Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.63%Yield on earning assets
1.25%Cost of funding earning assets
4.38%Net interest margin
0.47%Noninterest income to earning assets
3.91%Noninterest expense to earning assets
0.75%Net operating income to assets
1.00%Return on assets (ROA)
1.00%Pretax return on assets
10.40%Return on equity (ROE)
0.71%Retained earnings to average equity (YTD only)
0.39%Net charge-offs to loans
54.22%Credit loss provision to net charge-offs
4.37%Efficiency ratio
80,753Assets per employee
2.58%Cash dividends to net income (YTD only)
Condition Ratios (%)
93.14%Loss allowance to loans
1.54%Loss allowance to noncurrent loans
43.22%Noncurrent assets plus other real estate owned to assets
2.20%Noncurrent loans to loans
3.56%Net loans and leases to deposits
55.50%Net loans and leases to core deposits
56.01%Equity capital to assets
10.31%Core capital (leverage) ratio
9.59%Tier 1 risk-based capital ratio
19.12%Total risk-based capital ratio
Memoranda
$20Average assets
$42,339Average earning assets
$4,066Average equity
$38,942Average loans
List of branches
1 Georgia Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
3871
The Bank Of Edison
476 Turner Street, Edison, GA 39846
October 01, 1904
Full Service Brick and Mortar
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