The Bank of Edison in Edison, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Bank of Edison - Overview

  • General
  • 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
  • NoIDNameAddressEstablishedService TypeMap
    03871The Bank Of Edison476 Turner Street, Edison, GA 39846October 01, 1904Full Service Brick and Mortar

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